EVGOX vs. FNBGX
Compare and contrast key facts about Eaton Vance Government Opportunities Fund (EVGOX) and Fidelity Long-Term Treasury Bond Index Fund (FNBGX).
EVGOX is managed by Eaton Vance. It was launched on Aug 23, 1984. FNBGX is managed by Fidelity. It was launched on Dec 20, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EVGOX or FNBGX.
Correlation
The correlation between EVGOX and FNBGX is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
EVGOX vs. FNBGX - Performance Comparison
Key characteristics
EVGOX:
0.15
FNBGX:
-0.16
EVGOX:
0.25
FNBGX:
-0.14
EVGOX:
1.03
FNBGX:
0.98
EVGOX:
0.12
FNBGX:
-0.05
EVGOX:
0.33
FNBGX:
-0.35
EVGOX:
3.18%
FNBGX:
5.97%
EVGOX:
7.24%
FNBGX:
12.74%
EVGOX:
-17.65%
FNBGX:
-47.13%
EVGOX:
-5.14%
FNBGX:
-40.33%
Returns By Period
In the year-to-date period, EVGOX achieves a -0.77% return, which is significantly lower than FNBGX's -0.55% return.
EVGOX
-0.77%
-0.48%
-0.28%
1.62%
0.37%
0.68%
FNBGX
-0.55%
-1.08%
-2.88%
-1.58%
-5.92%
N/A
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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
EVGOX
FNBGX
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.
Dividends
EVGOX vs. FNBGX - Dividend Comparison
EVGOX's dividend yield for the trailing twelve months is around 5.74%, more than FNBGX's 4.72% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EVGOX Eaton Vance Government Opportunities Fund | 5.74% | 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 | 4.72% | 4.70% | 4.00% | 3.77% | 2.05% | 2.13% | 2.64% | 3.19% | 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 -47.13%. Use the drawdown chart below to compare losses from any high point for EVGOX and FNBGX. For additional features, visit the drawdowns tool.
Volatility
EVGOX vs. FNBGX - Volatility Comparison
The current volatility for Eaton Vance Government Opportunities Fund (EVGOX) is 2.21%, while Fidelity Long-Term Treasury Bond Index Fund (FNBGX) has a volatility of 3.15%. This indicates that EVGOX experiences smaller price fluctuations and is considered to be less risky than FNBGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.