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EVGOX vs. FNBGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between EVGOX and FNBGX is 0.02, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

EVGOX vs. FNBGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Government Opportunities Fund (EVGOX) and Fidelity Long-Term Treasury Bond Index Fund (FNBGX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

EVGOX:

1.20

FNBGX:

0.11

Sortino Ratio

EVGOX:

1.78

FNBGX:

0.28

Omega Ratio

EVGOX:

1.22

FNBGX:

1.03

Calmar Ratio

EVGOX:

1.10

FNBGX:

0.05

Martin Ratio

EVGOX:

2.99

FNBGX:

0.27

Ulcer Index

EVGOX:

2.64%

FNBGX:

6.94%

Daily Std Dev

EVGOX:

6.63%

FNBGX:

13.08%

Max Drawdown

EVGOX:

-17.65%

FNBGX:

-46.32%

Current Drawdown

EVGOX:

-2.03%

FNBGX:

-39.03%

Returns By Period

In the year-to-date period, EVGOX achieves a 3.92% return, which is significantly higher than FNBGX's 1.27% return.


EVGOX

YTD

3.92%

1M

-0.00%

6M

3.70%

1Y

7.87%

5Y*

0.69%

10Y*

1.13%

FNBGX

YTD

1.27%

1M

-1.30%

6M

-2.77%

1Y

1.43%

5Y*

-8.53%

10Y*

N/A

*Annualized

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EVGOX vs. FNBGX - Expense Ratio Comparison

EVGOX has a 1.05% expense ratio, which is higher than FNBGX's 0.03% expense ratio.


Risk-Adjusted Performance

EVGOX vs. FNBGX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EVGOX
The Risk-Adjusted Performance Rank of EVGOX is 8383
Overall Rank
The Sharpe Ratio Rank of EVGOX is 8686
Sharpe Ratio Rank
The Sortino Ratio Rank of EVGOX is 8686
Sortino Ratio Rank
The Omega Ratio Rank of EVGOX is 8484
Omega Ratio Rank
The Calmar Ratio Rank of EVGOX is 8787
Calmar Ratio Rank
The Martin Ratio Rank of EVGOX is 7575
Martin Ratio Rank

FNBGX
The Risk-Adjusted Performance Rank of FNBGX is 2727
Overall Rank
The Sharpe Ratio Rank of FNBGX is 2828
Sharpe Ratio Rank
The Sortino Ratio Rank of FNBGX is 2929
Sortino Ratio Rank
The Omega Ratio Rank of FNBGX is 2626
Omega Ratio Rank
The Calmar Ratio Rank of FNBGX is 2525
Calmar Ratio Rank
The Martin Ratio Rank of FNBGX is 2727
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

EVGOX vs. FNBGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Government Opportunities Fund (EVGOX) and Fidelity Long-Term Treasury Bond Index Fund (FNBGX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current EVGOX Sharpe Ratio is 1.20, which is higher than the FNBGX Sharpe Ratio of 0.11. The chart below compares the historical Sharpe Ratios of EVGOX and FNBGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

EVGOX vs. FNBGX - Dividend Comparison

EVGOX's dividend yield for the trailing twelve months is around 5.07%, more than FNBGX's 3.82% yield.


TTM20242023202220212020201920182017201620152014
EVGOX
Eaton Vance Government Opportunities Fund
5.07%5.69%5.47%2.77%1.78%2.18%3.26%3.35%3.55%3.30%3.81%4.16%
FNBGX
Fidelity Long-Term Treasury Bond Index Fund
3.82%3.76%3.20%3.00%2.05%2.13%2.64%2.95%0.69%0.00%0.00%0.00%

Drawdowns

EVGOX vs. FNBGX - Drawdown Comparison

The maximum EVGOX drawdown since its inception was -17.65%, smaller than the maximum FNBGX drawdown of -46.32%. Use the drawdown chart below to compare losses from any high point for EVGOX and FNBGX. For additional features, visit the drawdowns tool.


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Volatility

EVGOX vs. FNBGX - Volatility Comparison


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