Fidelity Government Income Fund (FGOVX) Alternatives
Fidelity Government Income Fund (FGOVX) 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 FGOVX. 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 FGOVX
FGOVX charges 0.45% annually. Among mutual funds in the Government Bonds category, these options have the lowest expense ratios among FGOVX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| GMO U.S. Treasury Fund | 0.01% | Mar 16, 2009 | FGOVX vs GUSTX | |
| Fidelity SAI Long-Term Treasury Bond Index Fund | 0.03% | Oct 8, 2015 | FGOVX vs FBLTX | |
| Fidelity SAI U.S. Treasury Bond Index Fund | 0.03% | Mar 1, 2016 | FGOVX vs FUTBX | |
| Fidelity Intermediate Treasury Bond Index Fund | 0.03% | — | FGOVX vs FUAMX | |
| Fidelity Long-Term Treasury Bond Index Fund | 0.03% | Dec 20, 2005 | FGOVX vs FNBGX |
Best Risk-Adjusted Alternatives to FGOVX
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 | 100 | Mar 16, 2009 | FGOVX vs GUSTX | |
| Federated Hermes Adjustable Rate Fund | 99 | Dec 2, 1985 | FGOVX vs FEUGX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 97 | Aug 23, 2010 | FGOVX vs VSBIX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | 97 | Dec 28, 2009 | FGOVX vs VSBSX | |
| Integrity Short Term Government Fund | 96 | Jun 29, 2011 | FGOVX vs MDSIX |
Top Performing FGOVX Alternatives (YTD)
FGOVX alternatives from the Government Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Federated Hermes Adjustable Rate Fund | 0.90% | Dec 2, 1985 | FGOVX vs FEUGX | |
| DFA Short-Term Government Portfolio | 0.87% | May 31, 1987 | FGOVX vs DFFGX | |
| T. Rowe Price GNMA Fund | 0.62% | Nov 25, 1985 | FGOVX vs PRGMX | |
| GMO U.S. Treasury Fund | 0.51% | Mar 16, 2009 | FGOVX vs GUSTX | |
| Thornburg Limited Term U.S. Government Fund | 0.37% | Nov 15, 1987 | FGOVX vs LTUSX |
Lowest Volatility Alternatives to FGOVX
FGOVX 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 | FGOVX vs GUSTX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 1.42% | Aug 23, 2010 | FGOVX vs VSBIX | |
| DFA Short-Term Government Portfolio | 1.43% | May 31, 1987 | FGOVX vs DFFGX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | 1.44% | Dec 28, 2009 | FGOVX vs VSBSX | |
| Federated Hermes Adjustable Rate Fund | 1.56% | Dec 2, 1985 | FGOVX vs FEUGX |
Lowest Drawdown Alternatives to FGOVX
FGOVX 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 | FGOVX vs GUSTX | |
| Federated Hermes Adjustable Rate Fund | -0.53% | Dec 2, 1985 | FGOVX vs FEUGX | |
| Davis Government Bond Fund | -0.77% | Nov 30, 1994 | FGOVX vs RFBAX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | -0.81% | Aug 23, 2010 | FGOVX vs VSBIX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | -0.84% | Dec 28, 2009 | FGOVX 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 | 46 | -7.05% | Feb 17, 1988 | FGOVX vs FXAIX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 46 | -6.77% | — | FGOVX vs FZROX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 28 | -13.03% | — | FGOVX vs FSPGX | |
| Fidelity Select Semiconductors Portfolio | Technology Equities | 94 | 0.00% | Jul 29, 1985 | FGOVX vs FSELX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 45 | -6.77% | — | FGOVX vs FSKAX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 54 | -11.15% | Dec 31, 1987 | FGOVX vs FBGRX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 45 | -7.30% | — | FGOVX vs FNILX | |
| Fidelity Contrafund Fund | Large Cap Growth Equities | 44 | -8.57% | May 17, 1967 | FGOVX vs FCNTX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 64 | -1.94% | Nov 5, 1997 | FGOVX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 79 | -1.15% | Jun 7, 2016 | FGOVX vs FTIHX |
Often Compared With FGOVX
What investors most often compare with FGOVX, based on PortfoliosLab usage data.
Compare FGOVX with Any Fund or Stock
Compare FGOVX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.