Correlation
The correlation between EVGOX and FSTGX is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
EVGOX vs. FSTGX
Compare and contrast key facts about Eaton Vance Government Opportunities Fund (EVGOX) and Fidelity Intermediate Government Income Fund (FSTGX).
EVGOX is managed by Eaton Vance. It was launched on Aug 23, 1984. FSTGX is managed by Fidelity. It was launched on May 2, 1988.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: EVGOX or FSTGX.
Performance
EVGOX vs. FSTGX - Performance Comparison
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Key characteristics
EVGOX:
1.34
FSTGX:
1.72
EVGOX:
1.98
FSTGX:
2.47
EVGOX:
1.25
FSTGX:
1.31
EVGOX:
1.23
FSTGX:
0.69
EVGOX:
3.29
FSTGX:
4.26
EVGOX:
2.67%
FSTGX:
1.30%
EVGOX:
6.59%
FSTGX:
3.49%
EVGOX:
-17.65%
FSTGX:
-13.16%
EVGOX:
-1.96%
FSTGX:
-3.05%
Returns By Period
In the year-to-date period, EVGOX achieves a 3.99% return, which is significantly higher than FSTGX's 2.52% return. Both investments have delivered pretty close results over the past 10 years, with EVGOX having a 1.10% annualized return and FSTGX not far behind at 1.08%.
EVGOX
3.99%
-1.49%
2.71%
7.84%
1.73%
0.56%
1.10%
FSTGX
2.52%
-0.51%
2.16%
5.54%
1.74%
-0.53%
1.08%
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EVGOX vs. FSTGX - Expense Ratio Comparison
EVGOX has a 1.05% expense ratio, which is higher than FSTGX's 0.45% expense ratio.
Risk-Adjusted Performance
EVGOX vs. FSTGX — Risk-Adjusted Performance Rank
EVGOX
FSTGX
EVGOX vs. FSTGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Government Opportunities Fund (EVGOX) and Fidelity Intermediate Government Income Fund (FSTGX). 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.
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Dividends
EVGOX vs. FSTGX - Dividend Comparison
EVGOX's dividend yield for the trailing twelve months is around 5.11%, more than FSTGX's 2.80% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EVGOX Eaton Vance Government Opportunities Fund | 5.11% | 5.76% | 5.55% | 2.75% | 1.78% | 2.19% | 3.26% | 3.35% | 3.53% | 3.30% | 3.81% | 4.16% |
FSTGX Fidelity Intermediate Government Income Fund | 2.80% | 2.95% | 2.11% | 1.43% | 0.92% | 2.66% | 1.85% | 1.84% | 1.47% | 2.06% | 1.88% | 1.25% |
Drawdowns
EVGOX vs. FSTGX - Drawdown Comparison
The maximum EVGOX drawdown since its inception was -17.65%, which is greater than FSTGX's maximum drawdown of -13.16%. Use the drawdown chart below to compare losses from any high point for EVGOX and FSTGX.
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Volatility
EVGOX vs. FSTGX - Volatility Comparison
Eaton Vance Government Opportunities Fund (EVGOX) has a higher volatility of 1.46% compared to Fidelity Intermediate Government Income Fund (FSTGX) at 0.97%. This indicates that EVGOX's price experiences larger fluctuations and is considered to be riskier than FSTGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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