All charts and data below are CPI-U inflation-adjusted and with dividends reinvested. (Why?)

Total Real Returns

FIPDX: Total Real Return Chart (Dividends Reinvested, Inflation Adjusted)

FIPDX real return snapshot: after CPI-U inflation, FIPDX returned +0.92% over the past year and −2.22% YTD, with dividends reinvested. Since May 23, 2012, FIPDX is down −10.36% in real purchasing-power return, or −0.78%/yr, and is currently −17.24% below its real total-return high on Jan. 4, 2021.

Wed 2012-05-23💬 to Mon 2026-06-08 YTD
Return 		1 Year
Return
FIPDX × 		−2.22%
2026-06-08 		+0.92%
2026-06-08
Fidelity Inflation-Protected Bond Index Fund Institutional Premium Class Mutual Fund

Returns

Wed 2012-05-23💬 to Mon 2026-06-08 Overall
Return 		Exponential
Trendline
FIPDX × 		−10.36%
−0.78%/yr 		−0.54%/yr
(R2=0.137)
Fidelity Inflation-Protected Bond Index Fund Institutional Premium Class Mutual Fund

Growth of $10,000

Wed 2012-05-23💬 to Mon 2026-06-08 Start
Value 		End
Value
FIPDX × 		$10,000.00
2012-05-23 		$8,963.98
2026-06-08
Fidelity Inflation-Protected Bond Index Fund Institutional Premium Class Mutual Fund

Annual Returns

Year FIPDX
2026 (YTD) −2.22%
2025 +4.12%
2024 −0.82%
2023 +0.41%
2022 −17.43%
2021 −1.02%
2020 +9.41%
2019 +5.90%
2018 −3.17%
2017 +0.80%
2016 +2.73%
2015 −2.43%
2014 +2.94%
2013 −9.98%
2012 +2.99%

Drawdowns

Wed 2012-05-23💬 to Mon 2026-06-08 Current
Drawdown 		Worst
Drawdown
FIPDX × 		−17.24%
from 2021-01-04 peak 		−22.83%
2023-10-06
from 2021-01-04 peak
Fidelity Inflation-Protected Bond Index Fund Institutional Premium Class Mutual Fund

Rolling Returns

Period ending Mon 2026-06-08 1
Year 		2
Years 		3
Years 		5
Years 		10
Years
FIPDX × 		+0.92% +3.06%
+1.52%/yr 		+1.66%
+0.55%/yr 		−15.16%
−3.23%/yr 		−7.40%
−0.77%/yr
Fidelity Inflation-Protected Bond Index Fund Institutional Premium Class Mutual Fund