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 | |
|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | 0.01% | — | Mar 2009 | FNBGX vs GUSTX | |
| Fidelity Intermediate Treasury Bond Index Fund | 0.03% | — | Dec 2005 | FNBGX vs FUAMX | |
| Fidelity Short-Term Treasury Bond Index Fund | 0.03% | — | Dec 2005 | FNBGX vs FUMBX | |
| Fidelity SAI U.S. Treasury Bond Index Fund | 0.03% | — | Mar 2016 | FNBGX vs FUTBX | |
| Fidelity SAI Long-Term Treasury Bond Index Fund | 0.03% | — | Oct 2015 | FNBGX vs FBLTX |
Best Risk-Adjusted Alternatives to FNBGX
FNBGX has a PortfoliosLab risk / return rank of 2. There are 91 mutual funds in the Government Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Government Portfolio | 99 | 1.81B | May 1987 | FNBGX vs DFFGX | |
| Federated Hermes Adjustable Rate Fund | 99 | — | Dec 1985 | FNBGX vs FEUGX | |
| GMO U.S. Treasury Fund | 99 | — | Mar 2009 | FNBGX vs GUSTX | |
| Integrity Short Term Government Fund | 91 | — | Jun 2011 | FNBGX vs MDSIX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 88 | — | Aug 2010 | FNBGX vs VSBIX |
Top Performing FNBGX Alternatives (YTD)
FNBGX is at -3.27% YTD. There are 88 mutual funds in the Government Bonds category with higher YTD returns, going as high as 2.05%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Integrity Short Term Government Fund | 2.05% | — | Jun 2011 | FNBGX vs MDSIX | |
| Federated Hermes Adjustable Rate Fund | 1.94% | — | Dec 1985 | FNBGX vs FEUGX | |
| DFA Short-Term Government Portfolio | 1.79% | 1.81B | May 1987 | FNBGX vs DFFGX | |
| GMO U.S. Treasury Fund | 1.59% | — | Mar 2009 | FNBGX vs GUSTX | |
| Davis Government Bond Fund | 0.94% | — | Nov 1994 | FNBGX vs RFBAX |
Lowest Volatility Alternatives to FNBGX
FNBGX has 8.37% 1-year volatility. There are 86 mutual funds in the Government Bonds category with lower 1-year volatility, going as low as 0.81%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Government Portfolio | 0.81% | 1.81B | May 1987 | FNBGX vs DFFGX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | 1.21% | — | Aug 2010 | FNBGX vs VSBIX | |
| Vanguard Short-Term Treasury Index Fund Admiral Sh... | 1.22% | 33.80B | Dec 2009 | FNBGX vs VSBSX | |
| GMO U.S. Treasury Fund | 1.22% | — | Mar 2009 | FNBGX vs GUSTX | |
| Federated Hermes Adjustable Rate Fund | 1.32% | — | Dec 1985 | FNBGX vs FEUGX |
Lowest Drawdown Alternatives to FNBGX
FNBGX has a 1-year max drawdown of -7.38%. There are 87 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 | |
|---|---|---|---|---|---|
| GMO U.S. Treasury Fund | -0.20% | — | Mar 2009 | FNBGX vs GUSTX | |
| DFA Short-Term Government Portfolio | -0.30% | 1.81B | May 1987 | FNBGX vs DFFGX | |
| Federated Hermes Adjustable Rate Fund | -0.32% | — | Dec 1985 | FNBGX vs FEUGX | |
| Davis Government Bond Fund | -0.77% | — | Nov 1994 | FNBGX vs RFBAX | |
| Vanguard Short-Term Treasury Index Fund Institutio... | -0.81% | — | Aug 2010 | FNBGX vs VSBIX |
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 | |
|---|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 75 | 11.76% | — | Feb 1988 | FNBGX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 82 | 51.40% | — | Jul 1985 | FNBGX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 76 | 12.27% | — | — | FNBGX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 75 | 12.20% | — | — | FNBGX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 17 | 2.47% | — | — | FNBGX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 49 | 13.81% | — | Dec 1987 | FNBGX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 33 | 9.08% | 176.32B | May 1967 | FNBGX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 72 | 11.48% | — | — | FNBGX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 64 | 12.40% | — | Nov 1997 | FNBGX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 71 | 13.68% | — | 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.
Compare FNBGX with Any Fund or Stock
Compare FNBGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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