Fidelity GNMA Fund (FGMNX) Alternatives
Fidelity GNMA Fund (FGMNX) belongs to the Government Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FGMNX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to FGMNX
FGMNX charges 0.45% annually. Among mutual funds in the Government Bonds category, these options have the lowest expense ratios among FGMNX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| GMO U.S. Treasury Fund | 0.01% | Mar 16, 2009 | FGMNX vs GUSTX | |
| Fidelity Short-Term Treasury Bond Index Fund | 0.03% | Dec 20, 2005 | FGMNX vs FUMBX | |
| Fidelity Long-Term Treasury Bond Index Fund | 0.03% | Dec 20, 2005 | FGMNX vs FNBGX | |
| Fidelity SAI Long-Term Treasury Bond Index Fund | 0.03% | Oct 8, 2015 | FGMNX vs FBLTX | |
| Fidelity SAI U.S. Treasury Bond Index Fund | 0.03% | Mar 1, 2016 | FGMNX vs FUTBX |
Best Risk-Adjusted Alternatives to FGMNX
Among mutual funds in the Government Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| GMO U.S. Treasury Fund | 99 | Mar 16, 2009 | FGMNX vs GUSTX | |
| Federated Hermes Adjustable Rate Fund | 99 | Dec 2, 1985 | FGMNX vs FEUGX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 97 | Aug 23, 2010 | FGMNX vs VSBIX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | 97 | Dec 28, 2009 | FGMNX vs VSBSX | |
| Integrity Short Term Government Fund | 96 | Jun 29, 2011 | FGMNX vs MDSIX |
Top Performing FGMNX Alternatives (YTD)
FGMNX alternatives from the Government Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| DFA Short-Term Government Portfolio | 0.87% | May 31, 1987 | FGMNX vs DFFGX | |
| T. Rowe Price GNMA Fund | 0.87% | Nov 25, 1985 | FGMNX vs PRGMX | |
| Federated Hermes Adjustable Rate Fund | 0.80% | Dec 2, 1985 | FGMNX vs FEUGX | |
| DWS GNMA Fund | 0.68% | Jul 13, 2000 | FGMNX vs SGINX | |
| PIMCO GNMA and Government Securities Fund | 0.60% | Jul 30, 1997 | FGMNX vs PDMIX |
Lowest Volatility Alternatives to FGMNX
FGMNX alternatives from the Government Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| GMO U.S. Treasury Fund | 1.27% | Mar 16, 2009 | FGMNX vs GUSTX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 1.42% | Aug 23, 2010 | FGMNX vs VSBIX | |
| DFA Short-Term Government Portfolio | 1.42% | May 31, 1987 | FGMNX vs DFFGX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | 1.44% | Dec 28, 2009 | FGMNX vs VSBSX | |
| Federated Hermes Adjustable Rate Fund | 1.56% | Dec 2, 1985 | FGMNX vs FEUGX |
Lowest Drawdown Alternatives to FGMNX
FGMNX alternatives from the Government Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| GMO U.S. Treasury Fund | -0.20% | Mar 16, 2009 | FGMNX vs GUSTX | |
| Federated Hermes Adjustable Rate Fund | -0.53% | Dec 2, 1985 | FGMNX vs FEUGX | |
| Davis Government Bond Fund | -0.77% | Nov 30, 1994 | FGMNX vs RFBAX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | -0.81% | Aug 23, 2010 | FGMNX vs VSBIX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | -0.84% | Dec 28, 2009 | FGMNX vs VSBSX |
Other Mutual Funds from Fidelity
Most popular Fidelity mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 60 | -4.34% | Feb 17, 1988 | FGMNX vs FXAIX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 60 | -3.98% | — | FGMNX vs FZROX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 41 | -9.77% | — | FGMNX vs FSPGX | |
| Fidelity Select Semiconductors Portfolio | Technology Equities | 96 | 7.19% | Jul 29, 1985 | FGMNX vs FSELX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 59 | -3.98% | — | FGMNX vs FSKAX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 71 | -7.12% | Dec 31, 1987 | FGMNX vs FBGRX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 59 | -4.59% | — | FGMNX vs FNILX | |
| Fidelity Contrafund Fund | Large Cap Growth Equities | 62 | -5.35% | May 17, 1967 | FGMNX vs FCNTX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 76 | 0.95% | Nov 5, 1997 | FGMNX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 86 | 1.79% | Jun 7, 2016 | FGMNX vs FTIHX |
Often Compared With FGMNX
What investors most often compare with FGMNX, based on PortfoliosLab usage data.
Compare FGMNX with Any Fund or Stock
Compare FGMNX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.