Fidelity Series Investment Grade Bond Fund (FSIGX) Sharpe Ratio: 1.28

FSIGX's Sharpe Ratio of 1.28 indicates that for each unit of volatility, it generates 1.28 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 3, 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.

FSIGX Sharpe Ratio Rank

Concerning

FSIGX ranks above 18.8% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. 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

Weak risk-adjusted returns relative to category peers
Evaluate whether this holding aligns with your risk-return objectives
Consider reducing exposure or re-evaluating position size
Review higher-ranked alternatives in the same category

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%): 1.42 or lower
Yellow zone (middle 50%): 1.42 to 2.51
Green zone (top 25%): 2.51 or higher
Top 1%: 4.65+
Median: 2.09 — 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 Jun 3, 2026.

Symbol	Name	1Y Sharpe Ratio
CREMX	Redwood Real Estate Income Fund	17.83
SRRIX	Stone Ridge Reinsurance Risk Premium Interval Fund	14.45
CBYYX	Victory Pioneer Cat Bond Fund Class Y	9.05
CCLFX	Cliffwater Corporate Lending Fund	8.50
XILSX	Pioneer ILS Interval Fund	8.31
ARBIX	Absolute Convertible Arbitrage Fund Institutional Shares	7.84
VUSFX	Vanguard Ultra-Short-Term Bond Fund Admiral Shares	7.77
PPFIX	Princeton Premium Fund	7.73
NUSIX	Navigator Ultra Short Term Bond Fund	7.02
TMPFX	Tactical Multi-Purpose Fund	6.81
FSIGX	Fidelity Series Investment Grade Bond Fund	1.28

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?

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