FNBGX Alternatives & Similar Mutual Funds

Fidelity Long-Term Treasury Bond Index Fund (FNBGX) 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 FNBGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to FNBGX

FNBGX charges 0.03% annually. There is 1 mutual fund in the Government Bonds category with a lower expense ratio, going as low as 0.01%.

Symbol	Name	Expense Ratio	AUM	Inception
GUSTX	GMO U.S. Treasury Fund	0.01%	—	Mar 2009	FNBGX vs GUSTX
FUMBX	Fidelity Short-Term Treasury Bond Index Fund	0.03%	—	Dec 2005	FNBGX vs FUMBX
FUTBX	Fidelity SAI U.S. Treasury Bond Index Fund	0.03%	—	Mar 2016	FNBGX vs FUTBX
FBLTX	Fidelity SAI Long-Term Treasury Bond Index Fund	0.03%	—	Oct 2015	FNBGX vs FBLTX
FUAMX	Fidelity Intermediate Treasury Bond Index Fund	0.03%	—	—	FNBGX vs FUAMX

Best Risk-Adjusted Alternatives to FNBGX

FNBGX has a PortfoliosLab risk / return rank of 7. There are 92 mutual funds in the Government Bonds category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
FEUGX	Federated Hermes Adjustable Rate Fund	99	—	Dec 1985	FNBGX vs FEUGX
GUSTX	GMO U.S. Treasury Fund	99	—	Mar 2009	FNBGX vs GUSTX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	87	—	Aug 2010	FNBGX vs VSBIX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	85	33.50B	Dec 2009	FNBGX vs VSBSX
MDSIX	Integrity Short Term Government Fund	83	—	Jun 2011	FNBGX vs MDSIX

Top Performing FNBGX Alternatives (YTD)

FNBGX is at -0.41% YTD. There are 75 mutual funds in the Government Bonds category with higher YTD returns, going as high as 1.82%.

Symbol	Name	YTD Return	AUM	Inception
FEUGX	Federated Hermes Adjustable Rate Fund	1.82%	—	Dec 1985	FNBGX vs FEUGX
MDSIX	Integrity Short Term Government Fund	1.54%	—	Jun 2011	FNBGX vs MDSIX
GUSTX	GMO U.S. Treasury Fund	1.46%	—	Mar 2009	FNBGX vs GUSTX
VGIVX	Vanguard Emerging Markets Government Bond Index Fu...	1.43%	6.50B	Feb 2015	FNBGX vs VGIVX
DFFGX	DFA Short-Term Government Portfolio	1.38%	—	May 1987	FNBGX vs DFFGX

Lowest Volatility Alternatives to FNBGX

FNBGX has 8.99% 1-year volatility. There are 88 mutual funds in the Government Bonds category with lower 1-year volatility, going as low as 1.21%.

Symbol	Name	Volatility 1Y	AUM	Inception
DFFGX	DFA Short-Term Government Portfolio	1.21%	—	May 1987	FNBGX vs DFFGX
GUSTX	GMO U.S. Treasury Fund	1.22%	—	Mar 2009	FNBGX vs GUSTX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	1.27%	—	Aug 2010	FNBGX vs VSBIX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	1.28%	33.50B	Dec 2009	FNBGX vs VSBSX
FEUGX	Federated Hermes Adjustable Rate Fund	1.41%	—	Dec 1985	FNBGX vs FEUGX

Lowest Drawdown Alternatives to FNBGX

FNBGX has a 1-year max drawdown of -7.28%. There are 89 mutual funds in the Government Bonds category with shallower 1-year drawdowns, going as shallow as -0.20%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
GUSTX	GMO U.S. Treasury Fund	-0.20%	—	Mar 2009	FNBGX vs GUSTX
FEUGX	Federated Hermes Adjustable Rate Fund	-0.32%	—	Dec 1985	FNBGX vs FEUGX
RFBAX	Davis Government Bond Fund	-0.77%	—	Nov 1994	FNBGX vs RFBAX
VSBIX	Vanguard Short-Term Treasury Index Fund Institutio...	-0.81%	—	Aug 2010	FNBGX vs VSBIX
VSBSX	Vanguard Short-Term Treasury Index Fund Admiral Sh...	-0.84%	33.50B	Dec 2009	FNBGX vs VSBSX

Other Mutual Funds from Fidelity

The 10 most viewed Fidelity mutual funds shown here include FXAIX, FSELX, FZROX and span 6 categories. AUM among these funds goes as high as $176B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FXAIX	Fidelity 500 Index Fund	S&P 500	66	10.89%	—	Feb 1988	FNBGX vs FXAIX
FSELX	Fidelity Select Semiconductors Portfolio	Semiconductors, Technology Equities	97	86.42%	—	Jul 1985	FNBGX vs FSELX
FZROX	Fidelity ZERO Total Market Index Fund	Large Cap Blend Equities	64	11.17%	—	—	FNBGX vs FZROX
FSPGX	Fidelity Large Cap Growth Index Fund	Large Cap Growth Equities	27	7.15%	—	—	FNBGX vs FSPGX
FSKAX	Fidelity Total Market Index Fund	Large Cap Blend Equities	63	11.22%	—	—	FNBGX vs FSKAX
FBGRX	Fidelity Blue Chip Growth Fund	Large Cap Growth Equities	71	18.19%	—	Dec 1987	FNBGX vs FBGRX
FCNTX	Fidelity Contrafund	Large Cap Growth Equities	37	8.62%	176.32B	May 1967	FNBGX vs FCNTX
FNILX	Fidelity ZERO Large Cap Index Fund	Large Cap Blend Equities	63	10.70%	—	—	FNBGX vs FNILX
FSPSX	Fidelity International Index Fund	Foreign Large Cap Equities	27	8.67%	—	Nov 1997	FNBGX vs FSPSX
FTIHX	Fidelity Total International Index Fund	Foreign Large Cap Equities	56	14.49%	—	Jun 2016	FNBGX vs FTIHX

Often Compared With FNBGX

Investors most often compare FNBGX with FXNAX, TLT, VGLT. These 20 comparison targets span 9 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FXNAX	Fidelity U.S. Bond Index Fund	Total Bond Market	21	0.21%	—	Mar 1990	FNBGX vs FXNAX
TLT	iShares 20+ Year Treasury Bond ETF	Government Bonds, Long-Term Bond	14	-0.05%	42.90B	Jul 2002	FNBGX vs TLT
VGLT	Vanguard Long-Term Treasury ETF	Government Bonds, Long-Term Bond	16	-0.17%	14.30B	Nov 2009	FNBGX vs VGLT
FTLTX	Fidelity Series Long-Term Treasury Bond Index Fund	Government Bonds	8	-0.44%	—	Jul 2016	FNBGX vs FTLTX
VUSTX	Vanguard Long-Term Treasury Fund Investor Shares	Government Bonds	7	-0.44%	2.80B	May 1986	FNBGX vs VUSTX
FBND	Fidelity Total Bond ETF	Intermediate Core-Plus Bond	38	0.61%	25.56B	Oct 2014	FNBGX vs FBND
FIPDX	Fidelity Inflation-Protected Bond Index Fund	Inflation-Protected Bonds	34	1.55%	—	May 2012	FNBGX vs FIPDX
BLV	Vanguard Long-Term Bond ETF	Long-Term Bond	21	0.47%	8.50B	Apr 2007	FNBGX vs BLV
PDIIX	PIMCO Diversified Income Fund	Multisector Bonds	58	1.34%	—	Jul 2003	FNBGX vs PDIIX
VLCIX	Vanguard Long-Term Corporate Bond Index Fund Insti...	Corporate Bonds	14	0.79%	—	Nov 2009	FNBGX vs VLCIX
PRULX	T. Rowe Price U.S. Treasury Long Term Index Fund	Government Bonds	9	-0.90%	—	Sep 1989	FNBGX vs PRULX
UTHY	US Treasury 30 Year Bond ETF	Government Bonds, Long-Term Bond	14	-0.07%	24.21M	Mar 2023	FNBGX vs UTHY
SPTL	SPDR Portfolio Long Term Treasury ETF	Government Bonds, Long-Term Bond	16	-0.19%	10.14B	May 2007	FNBGX vs SPTL
TIBDX	TIAA-CREF Core Bond Fund	Intermediate Core-Plus Bond	28	0.45%	—	Jul 1999	FNBGX vs TIBDX
FSAHX	Fidelity Short Duration High Income Fund	High Yield Bonds	94	2.96%	—	Nov 2013	FNBGX vs FSAHX
EVGOX	Eaton Vance Government Opportunities Fund	Government Bonds	21	0.20%	—	Aug 1984	FNBGX vs EVGOX
FGMNX	Fidelity GNMA Fund	Government Bonds	38	0.89%	—	Nov 1985	FNBGX vs FGMNX
^GSPC	S&P 500 Index		80	10.79%	—	—	FNBGX vs ^GSPC
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	85	19.82%	94.95B	Oct 2011	FNBGX vs SCHD
PRGMX	T. Rowe Price GNMA Fund	Government Bonds	43	0.69%	—	Nov 1985	FNBGX vs PRGMX

Compare FNBGX with Any Fund or Stock

Compare FNBGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair FNBGX with funds that move differently

Fidelity Long-Term Treasury Bond Index Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FNBGX.

Explore FNBGX Diversifiers

Fidelity Long-Term Treasury Bond Index Fund (FNBGX) Alternatives