Fidelity Series Investment Grade Bond Fund (FSIGX) Sharpe Ratio: 0.98

FSIGX's Sharpe Ratio of 0.98 indicates that for each unit of volatility, it generates 0.98 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 14, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

FSIGX Sharpe Ratio Rank

Below Average

FSIGX ranks above 21.4% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating below-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

Strong returns with low total volatility → Higher rank
High volatility (both upside and downside) → Lower rank
Consistent returns → Higher rank than volatile returns of same magnitude
Sharp drawdowns increase volatility → Lower rank

What you can do with this information

Returns may not adequately compensate for volatility taken
Consider smaller allocation given below-average risk-adjusted profile
Explore higher-ranked investments with better consistency
Assess whether the volatility profile aligns with your portfolio goals

FSIGX Sharpe Ratio Market Positioning

The chart shows FSIGX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

Red zone (bottom 25%): 1.06 or lower
Yellow zone (middle 50%): 1.06 to 1.94
Green zone (top 25%): 1.94 or higher
Top 1%: 3.89+
Median: 1.58 — half of all investments score higher

How it compares to other similar mutual funds

The table compares FSIGX's Sharpe Ratio with other similar investments across multiple time periods.

Data shows available time periods plus all-time averages, as of Jul 14, 2026.

Symbol	Name	1Y Sharpe Ratio
CREMX	Redwood Real Estate Income Fund	17.15
SRRIX	Stone Ridge Reinsurance Risk Premium Interval Fund	13.41
CBYYX	Victory Pioneer Cat Bond Fund Class Y	8.94
CCLFX	Cliffwater Corporate Lending Fund	8.39
XILSX	Pioneer ILS Interval Fund	8.08
ARBIX	Absolute Convertible Arbitrage Fund Institutional Shares	7.61
PPFIX	Princeton Premium Fund	7.42
VUSFX	Vanguard Ultra-Short-Term Bond Fund Admiral Shares	7.16
NUSIX	Navigator Ultra Short Term Bond Fund	6.81
TMPFX	Tactical Multi-Purpose Fund	6.60
FSIGX	Fidelity Series Investment Grade Bond Fund	0.98

Benchmark Against

Benchmark

S&P 500 Index

Lookback Period

How to choose period

Historical Sharpe Ratio

The chart shows FSIGX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when FSIGX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does FSIGX fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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