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

Total Real Returns

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

FXNAX real return snapshot: after CPI-U inflation, FXNAX returned −4.36% over the past year and −5.88% YTD, with dividends reinvested. Since May 10, 2011, FXNAX is down −9.34% in real purchasing-power return, or −0.64%/yr, and is currently −26.57% below its real total-return high on Aug. 4, 2020.

Data ending Fri Sep. 25, 2026

Growth of $10,000

Tue 2011-05-10💬 to Fri 2026-09-25 Overall
Return 		Exponential
Trendline
FXNAX × 		−9.34%
−0.64%/yr 		−0.87%/yr
R2=0.205
Fidelity U.S. Bond Index Fund Institutional Premium Class Mutual Fund

Growth of $10,000 Summary

Tue 2011-05-10💬 to Fri 2026-09-25 Start
Value 		End
Value
FXNAX × 		$10,000.00
2011-05-10 		$9,065.92
2026-09-25

This Year’s Performance

through 2026-09-25

  YTD YoY
FXNAX × 		−5.88% −4.36%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
FXNAX × 		−26.57%
on 2026-09-25
from 2020-08-04 peak 		−30.85%
on 2023-10-19
from 2020-08-04 peak

Rolling Returns

Period ending Fri 2026-09-25 1 yr 2 yr 3 yr 5 yr 10 yr
FXNAX × 		−4.36% −4.69%
−2.37%/yr 		+3.44%
+1.13%/yr 		−20.93%
−4.59%/yr 		−19.27%
−2.12%/yr

Annual Returns

Year FXNAX
2026 (YTD) −5.88%
2025 +4.35%
2024 −1.23%
2023 +2.11%
2022 −18.52%
2021 −8.24%
2020 +6.37%
2019 +6.09%
2018 −1.83%
2017 +1.37%
2016 +0.44%
2015 −0.09%
2014 +5.20%
2013 −3.63%
2012 +2.49%
2011 +4.55%