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 Apr 2, 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

Average

FSIGX ranks above 46.7% of all investments in our database based on Sharpe Ratio over the past 12 months, showing balanced 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

Returns are proportional to volatility—neither strong nor weak
Evaluate whether the volatility profile aligns with your risk tolerance
Review higher-ranked alternatives in the same category
Monitor rank direction to identify improving or deteriorating trends

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%): 0.76 or lower
Yellow zone (middle 50%): 0.76 to 1.49
Green zone (top 25%): 1.49 or higher
Top 1%: 3.51+
Median: 1.10 — 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 Apr 2, 2026.

Symbol	Name	1Y Sharpe Ratio
SRRIX	Stone Ridge Reinsurance Risk Premium Interval Fund	14.08
CREMX	Redwood Real Estate Income Fund	9.78
CBYYX	Victory Pioneer Cat Bond Fund Class Y	8.54
XILSX	Pioneer ILS Interval Fund	8.44
CAPIX	Calamos Aksia Alternative Credit and Income Fund Class I	8.17
CCLFX	Cliffwater Corporate Lending Fund	8.00
VUSFX	Vanguard Ultra-Short-Term Bond Fund Admiral Shares	6.66
TMPFX	Tactical Multi-Purpose Fund	6.59
NUSIX	Navigator Ultra Short Term Bond Fund	6.58
BUBSX	Baird Ultra Short Bond Fund	6.41
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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Explore FSIGX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

FSIGX Sortino Ratio