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Fidelity Government Cash Reserves (FDRXX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US3160671075

Issuer

Fidelity

Inception Date

Dec 15, 1999

Category

Money Market

Min. Investment

$0

Asset Class

Bond

Expense Ratio

FDRXX features an expense ratio of 0.38%, falling within the medium range.


Expense ratio chart for FDRXX: current value at 0.38% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.38%

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
FDRXX vs. SPAXX FDRXX vs. VMFXX FDRXX vs. SGOV FDRXX vs. FXAIX FDRXX vs. SCHD FDRXX vs. FTHRX FDRXX vs. FFXSX FDRXX vs. BINC FDRXX vs. SWVXX FDRXX vs. FIWGX
Popular comparisons:
FDRXX vs. SPAXX FDRXX vs. VMFXX FDRXX vs. SGOV FDRXX vs. FXAIX FDRXX vs. SCHD FDRXX vs. FTHRX FDRXX vs. FFXSX FDRXX vs. BINC FDRXX vs. SWVXX FDRXX vs. FIWGX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Government Cash Reserves, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-2.00%0.00%2.00%4.00%6.00%8.00%10.00%SeptemberOctoberNovemberDecember2025February
1.95%
10.30%
FDRXX (Fidelity Government Cash Reserves)
Benchmark (^GSPC)

Returns By Period

Fidelity Government Cash Reserves had a return of 0.00% year-to-date (YTD) and 4.53% in the last 12 months. Over the past 10 years, Fidelity Government Cash Reserves had an annualized return of 1.22%, while the S&P 500 had an annualized return of 11.26%, indicating that Fidelity Government Cash Reserves did not perform as well as the benchmark.


FDRXX

YTD

0.00%

1M

0.00%

6M

1.95%

1Y

4.53%

5Y*

2.22%

10Y*

1.22%

^GSPC (Benchmark)

YTD

4.01%

1M

1.13%

6M

9.82%

1Y

22.80%

5Y*

12.93%

10Y*

11.26%

*Annualized

Monthly Returns

The table below presents the monthly returns of FDRXX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.00%0.00%
20240.85%0.40%0.00%0.84%0.42%0.00%0.84%0.00%0.83%0.38%0.00%0.73%5.42%
20230.65%0.32%0.37%0.00%0.77%0.39%0.42%0.42%0.00%0.84%0.41%0.00%4.69%
20220.00%0.00%0.00%0.00%0.03%0.07%0.00%0.26%0.18%0.22%0.27%0.00%1.03%
20210.00%0.00%0.00%0.00%0.00%0.00%0.00%0.01%0.00%0.00%0.00%0.00%0.01%
20200.11%0.10%0.06%0.00%0.00%0.00%0.00%0.00%0.01%0.00%0.00%0.00%0.28%
20190.00%0.00%0.00%0.00%0.00%0.17%0.17%0.17%0.15%0.13%0.11%0.11%1.02%
20180.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
20170.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
20160.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
20150.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
20140.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Risk-Adjusted Performance

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Fidelity Government Cash Reserves (FDRXX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for FDRXX, currently valued at 3.21, compared to the broader market-1.000.001.002.003.004.003.211.74
No data
FDRXX
^GSPC

The current Fidelity Government Cash Reserves Sharpe ratio is 3.21. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Fidelity Government Cash Reserves with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.502.002.503.003.50SeptemberOctoberNovemberDecember2025February
3.21
1.74
FDRXX (Fidelity Government Cash Reserves)
Benchmark (^GSPC)

Dividends

Dividend History

Fidelity Government Cash Reserves provided a 4.41% dividend yield over the last twelve months, with an annual payout of $0.04 per share. The fund has been increasing its distributions for 3 consecutive years.


0.00%1.00%2.00%3.00%4.00%5.00%$0.00$0.01$0.02$0.03$0.04$0.05201920202021202220232024
Dividends
Dividend Yield
PeriodTTM202420232022202120202019
Dividend$0.04$0.05$0.05$0.01$0.00$0.00$0.01

Dividend yield

4.41%4.84%4.69%1.33%0.01%0.28%1.01%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Government Cash Reserves. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.00
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.05
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.05
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.01
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.01

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%SeptemberOctoberNovemberDecember2025February00
FDRXX (Fidelity Government Cash Reserves)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Fidelity Government Cash Reserves. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The portfolio has not yet recovered.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

Volatility

Volatility Chart

The current Fidelity Government Cash Reserves volatility is 0.00%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%SeptemberOctoberNovemberDecember2025February0
3.07%
FDRXX (Fidelity Government Cash Reserves)
Benchmark (^GSPC)
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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