TBFAX vs. FUMBX
Compare and contrast key facts about Thrivent Government Bond (TBFAX) and Fidelity Short-Term Treasury Bond Index Fund (FUMBX).
TBFAX is managed by Thrivent Funds. It was launched on Feb 25, 2010. FUMBX is a passively managed fund by Fidelity that tracks the performance of the Bloomberg Barclays 1-5 Year U.S. Treasury Index. It was launched on Dec 20, 2005.
Performance
TBFAX vs. FUMBX - Performance Comparison
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TBFAX vs. FUMBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TBFAX Thrivent Government Bond | -0.37% | 7.00% | 0.96% | 3.52% | -10.67% | -1.92% | 6.93% | 5.70% | -0.02% | -0.50% |
FUMBX Fidelity Short-Term Treasury Bond Index Fund | -0.10% | 5.83% | 3.25% | 4.47% | -5.84% | -1.38% | 4.22% | 4.19% | 1.47% | -0.33% |
Returns By Period
In the year-to-date period, TBFAX achieves a -0.37% return, which is significantly lower than FUMBX's -0.10% return.
TBFAX
- 1D
- 0.23%
- 1M
- -1.56%
- YTD
- -0.37%
- 6M
- 0.39%
- 1Y
- 3.50%
- 3Y*
- 2.71%
- 5Y*
- 0.07%
- 10Y*
- 0.97%
FUMBX
- 1D
- 0.10%
- 1M
- -0.77%
- YTD
- -0.10%
- 6M
- 0.85%
- 1Y
- 3.55%
- 3Y*
- 3.80%
- 5Y*
- 1.31%
- 10Y*
- —
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TBFAX vs. FUMBX - Expense Ratio Comparison
TBFAX has a 0.77% expense ratio, which is higher than FUMBX's 0.03% expense ratio.
Return for Risk
TBFAX vs. FUMBX — Risk / Return Rank
TBFAX
FUMBX
TBFAX vs. FUMBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Thrivent Government Bond (TBFAX) and Fidelity Short-Term Treasury Bond Index Fund (FUMBX). 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.
| TBFAX | FUMBX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.88 | 1.55 | -0.67 |
Sortino ratioReturn per unit of downside risk | 1.29 | 2.43 | -1.14 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.33 | -0.17 |
Calmar ratioReturn relative to maximum drawdown | 1.45 | 2.52 | -1.07 |
Martin ratioReturn relative to average drawdown | 4.09 | 8.74 | -4.64 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| TBFAX | FUMBX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.88 | 1.55 | -0.67 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.01 | 0.45 | -0.44 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.21 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.73 | -0.45 |
Correlation
The correlation between TBFAX and FUMBX is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
TBFAX vs. FUMBX - Dividend Comparison
TBFAX's dividend yield for the trailing twelve months is around 3.22%, less than FUMBX's 3.41% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TBFAX Thrivent Government Bond | 3.22% | 3.54% | 3.73% | 2.29% | 2.08% | 0.92% | 3.29% | 2.08% | 2.02% | 1.48% | 1.25% | 0.91% |
FUMBX Fidelity Short-Term Treasury Bond Index Fund | 3.41% | 3.51% | 2.91% | 1.64% | 0.86% | 1.15% | 1.41% | 1.88% | 1.64% | 0.34% | 0.00% | 0.00% |
Drawdowns
TBFAX vs. FUMBX - Drawdown Comparison
The maximum TBFAX drawdown since its inception was -17.68%, which is greater than FUMBX's maximum drawdown of -8.83%. Use the drawdown chart below to compare losses from any high point for TBFAX and FUMBX.
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Drawdown Indicators
| TBFAX | FUMBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.68% | -8.83% | -8.85% |
Max Drawdown (1Y)Largest decline over 1 year | -2.87% | -1.54% | -1.33% |
Max Drawdown (5Y)Largest decline over 5 years | -16.03% | -8.60% | -7.43% |
Max Drawdown (10Y)Largest decline over 10 years | -17.68% | — | — |
Current DrawdownCurrent decline from peak | -3.65% | -1.06% | -2.59% |
Average DrawdownAverage peak-to-trough decline | -4.18% | -1.88% | -2.30% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.02% | 0.44% | +0.58% |
Volatility
TBFAX vs. FUMBX - Volatility Comparison
Thrivent Government Bond (TBFAX) has a higher volatility of 1.45% compared to Fidelity Short-Term Treasury Bond Index Fund (FUMBX) at 0.74%. This indicates that TBFAX's price experiences larger fluctuations and is considered to be riskier than FUMBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| TBFAX | FUMBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.45% | 0.74% | +0.71% |
Volatility (6M)Calculated over the trailing 6-month period | 2.47% | 1.37% | +1.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.27% | 2.32% | +1.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.61% | 2.89% | +2.72% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.72% | 2.49% | +2.23% |