EVGOX vs. FSTGX
EVGOX (Eaton Vance Government Opportunities Fund) and FSTGX (Fidelity Intermediate Government Income Fund) are both Government Bonds funds. Over the past 10 years, EVGOX returned 1.53%/yr vs 0.96%/yr for FSTGX. A 0.67 correlation means they provide meaningful diversification when combined. EVGOX charges 1.05%/yr vs 0.45%/yr for FSTGX.
Performance
EVGOX vs. FSTGX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, EVGOX achieves a -0.37% return, which is significantly lower than FSTGX's -0.26% return. Over the past 10 years, EVGOX has outperformed FSTGX with an annualized return of 1.53%, while FSTGX has yielded a comparatively lower 0.96% annualized return.
EVGOX
- 1D
- -0.38%
- 1M
- 0.47%
- YTD
- -0.37%
- 6M
- 0.09%
- 1Y
- 4.39%
- 3Y*
- 4.53%
- 5Y*
- 1.23%
- 10Y*
- 1.53%
FSTGX
- 1D
- -0.20%
- 1M
- 0.16%
- YTD
- -0.26%
- 6M
- -0.00%
- 1Y
- 2.54%
- 3Y*
- 3.47%
- 5Y*
- 0.34%
- 10Y*
- 0.96%
EVGOX vs. FSTGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
EVGOX Eaton Vance Government Opportunities Fund | -0.37% | 10.50% | 0.07% | 4.56% | -6.57% | -1.20% | 4.59% | 2.43% | 0.72% | 1.30% |
FSTGX Fidelity Intermediate Government Income Fund | -0.26% | 6.00% | 2.24% | 3.88% | -8.76% | -2.28% | 5.46% | 4.84% | 1.20% | 0.98% |
Correlation
The correlation between EVGOX and FSTGX is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.88 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.76 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.65 |
Correlation (All Time) Calculated using the full available price history since Apr 29, 1988 | 0.67 |
Over the past year, EVGOX and FSTGX have become more correlated (0.88) than their long-term average of 0.67, meaning their price movements have been converging.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
EVGOX vs. FSTGX — Risk / Return Rank
EVGOX
FSTGX
EVGOX vs. FSTGX - Risk-Adjusted Trends 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EVGOX | FSTGX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.03 | ||
| Sortino ratioReturn per unit of downside risk | -0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.19 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 1.45 | 1.46 | -0.01 |
| Martin ratioReturn relative to average drawdown | 4.20 | 3.96 | +0.24 |
Loading charts...
Drawdowns
EVGOX vs. FSTGX - Drawdown Comparison
The maximum EVGOX drawdown since its inception was -23.97%, which is greater than FSTGX's maximum drawdown of -13.66%. Use the drawdown chart below to compare losses from any high point for EVGOX and FSTGX.
Loading charts...
Drawdown Indicators
| EVGOX | FSTGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.97% | -13.66% | -10.31% |
Max Drawdown (1Y)Largest decline over 1 year | -3.32% | -1.89% | -1.43% |
Max Drawdown (3Y)Largest decline over 3 years | -6.74% | -2.97% | -3.77% |
Max Drawdown (5Y)Largest decline over 5 years | -11.06% | -12.54% | +1.48% |
Max Drawdown (10Y)Largest decline over 10 years | -11.44% | -13.66% | +2.22% |
Current DrawdownCurrent decline from peak | -2.31% | -1.43% | -0.88% |
Average DrawdownAverage peak-to-trough decline | -3.42% | -1.57% | -1.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.14% | 0.70% | +0.44% |
Volatility
EVGOX vs. FSTGX - Volatility Comparison
Eaton Vance Government Opportunities Fund (EVGOX) has a higher volatility of 1.54% compared to Fidelity Intermediate Government Income Fund (FSTGX) at 0.85%. 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.
Loading charts...
Volatility by Period
| EVGOX | FSTGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.54% | 0.85% | +0.69% |
Volatility (6M)Calculated over the trailing 6-month period | 3.60% | 1.90% | +1.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.70% | 2.64% | +2.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.37% | 4.11% | +1.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.06% | 3.38% | +0.68% |
EVGOX vs. FSTGX - Expense Ratio Comparison
EVGOX has a 1.05% expense ratio, which is higher than FSTGX's 0.45% expense ratio.
Dividends
EVGOX vs. FSTGX - Dividend Comparison
EVGOX's dividend yield for the trailing twelve months is around 5.52%, more than FSTGX's 3.16% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
EVGOX Eaton Vance Government Opportunities Fund | 5.52% | 5.38% | 5.24% | 4.58% | 2.75% | 1.77% | 2.19% | 3.24% | 3.34% | 3.54% | 3.30% | 3.81% |
FSTGX Fidelity Intermediate Government Income Fund | 3.16% | 3.04% | 2.94% | 2.12% | 0.99% | 0.77% | 2.65% | 1.85% | 1.84% | 1.47% | 1.52% | 1.69% |
Frequently Asked Questions
EVGOX and FSTGX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
EVGOX has higher volatility (1.54%) compared to FSTGX (0.85%). In terms of maximum drawdown, EVGOX dropped -23.97% vs FSTGX's -13.66%.
FSTGX currently has the higher Sharpe Ratio (1.05 vs 1.02), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for EVGOX and FSTGX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer