Correlation
The correlation between OMBIX and FTHRX is -0.17. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
OMBIX vs. FTHRX
Compare and contrast key facts about JPMorgan Mortgage Backed Securities Fund (OMBIX) and Fidelity Intermediate Bond Fund (FTHRX).
OMBIX is managed by JPMorgan Chase. It was launched on Aug 18, 2000. FTHRX is managed by Fidelity. It was launched on May 23, 1975.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OMBIX or FTHRX.
Performance
OMBIX vs. FTHRX - Performance Comparison
Loading data...
Key characteristics
OMBIX:
1.22
FTHRX:
1.85
OMBIX:
1.77
FTHRX:
2.66
OMBIX:
1.21
FTHRX:
1.33
OMBIX:
0.86
FTHRX:
1.19
OMBIX:
3.10
FTHRX:
5.45
OMBIX:
2.07%
FTHRX:
1.12%
OMBIX:
5.29%
FTHRX:
3.57%
OMBIX:
-14.41%
FTHRX:
-12.77%
OMBIX:
-1.75%
FTHRX:
-0.58%
Returns By Period
In the year-to-date period, OMBIX achieves a 2.36% return, which is significantly lower than FTHRX's 2.67% return. Both investments have delivered pretty close results over the past 10 years, with OMBIX having a 1.95% annualized return and FTHRX not far ahead at 2.02%.
OMBIX
2.36%
-1.26%
0.92%
6.38%
2.17%
0.46%
1.95%
FTHRX
2.67%
-0.58%
2.19%
6.63%
2.85%
0.81%
2.02%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
OMBIX vs. FTHRX - Expense Ratio Comparison
OMBIX has a 0.40% expense ratio, which is lower than FTHRX's 0.45% expense ratio.
Risk-Adjusted Performance
OMBIX vs. FTHRX — Risk-Adjusted Performance Rank
OMBIX
FTHRX
OMBIX vs. FTHRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Mortgage Backed Securities Fund (OMBIX) and Fidelity Intermediate Bond Fund (FTHRX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Loading data...
Dividends
OMBIX vs. FTHRX - Dividend Comparison
OMBIX's dividend yield for the trailing twelve months is around 3.71%, more than FTHRX's 3.51% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OMBIX JPMorgan Mortgage Backed Securities Fund | 3.71% | 3.90% | 3.40% | 2.34% | 1.57% | 3.45% | 3.45% | 3.22% | 3.18% | 2.86% | 3.07% | 3.39% |
FTHRX Fidelity Intermediate Bond Fund | 3.51% | 3.49% | 2.94% | 2.04% | 1.81% | 4.31% | 2.50% | 2.47% | 2.20% | 2.21% | 2.58% | 2.35% |
Drawdowns
OMBIX vs. FTHRX - Drawdown Comparison
The maximum OMBIX drawdown since its inception was -14.41%, which is greater than FTHRX's maximum drawdown of -12.77%. Use the drawdown chart below to compare losses from any high point for OMBIX and FTHRX.
Loading data...
Volatility
OMBIX vs. FTHRX - Volatility Comparison
JPMorgan Mortgage Backed Securities Fund (OMBIX) has a higher volatility of 1.62% compared to Fidelity Intermediate Bond Fund (FTHRX) at 0.97%. This indicates that OMBIX's price experiences larger fluctuations and is considered to be riskier than FTHRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...