FBLTX vs. FBGRX
FBLTX (Fidelity SAI Long-Term Treasury Bond Index Fund) and FBGRX (Fidelity Blue Chip Growth Fund) are both mutual funds - FBLTX is a Government Bonds fund managed by Fidelity, while FBGRX is a Large Cap Growth Equities fund managed by Fidelity. Over the past 10 years, FBLTX returned -2.52%/yr vs 20.56%/yr for FBGRX. Their -0.08 correlation means they have often moved in opposite directions in the past. FBLTX charges 0.03%/yr vs 0.79%/yr for FBGRX.
Performance
FBLTX vs. FBGRX - Performance Comparison
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Returns By Period
In the year-to-date period, FBLTX achieves a -3.37% return, which is significantly lower than FBGRX's 10.15% return. Over the past 10 years, FBLTX has underperformed FBGRX with an annualized return of -2.52%, while FBGRX has yielded a comparatively higher 20.56% annualized return.
FBLTX
- 1D
- -0.16%
- 1M
- -3.63%
- 6M
- -3.28%
- YTD
- -3.37%
- 1Y
- -2.17%
- 3Y*
- -2.29%
- 5Y*
- -8.31%
- 10Y*
- -2.52%
- ALL TIME*
- -1.05%
FBGRX
- 1D
- 3.14%
- 1M
- -4.18%
- 6M
- 10.25%
- YTD
- 10.15%
- 1Y
- 24.18%
- 3Y*
- 25.20%
- 5Y*
- 13.50%
- 10Y*
- 20.56%
- ALL TIME*
- 13.47%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FBLTX vs. FBGRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FBLTX Fidelity SAI Long-Term Treasury Bond Index Fund | -3.37% | 4.39% | -8.05% | 2.71% | -31.84% | -4.89% | 18.27% | 14.36% | -1.24% | 9.06% |
FBGRX Fidelity Blue Chip Growth Fund | 10.15% | 19.91% | 39.77% | 55.61% | -38.45% | 22.64% | 62.20% | 33.43% | 1.02% | 36.01% |
Correlation
The correlation between FBLTX and FBGRX is 0.16, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.16 |
Correlation (3Y) Balances recent behavior with more history. | 0.09 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.06 |
Correlation (10Y) Provides a long-term view across more market conditions. | -0.05 |
Correlation (All Time) Calculated using the full available price history since Oct 16, 2015 | -0.08 |
The correlation between FBLTX and FBGRX shifts across timeframes, from -0.08 (all time) to 0.16 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
FBLTX vs. FBGRX — Risk / Return Rank
FBLTX
FBGRX
FBLTX vs. FBGRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI Long-Term Treasury Bond Index Fund (FBLTX) and Fidelity Blue Chip Growth Fund (FBGRX). 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.
| FBLTX | FBGRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.13 | ||
| Sortino ratioReturn per unit of downside risk | -1.57 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.19 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | -0.05 | 1.73 | -1.78 |
| Martin ratioReturn relative to average drawdown | -0.10 | 6.19 | -6.29 |
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Drawdowns
FBLTX vs. FBGRX - Drawdown Comparison
The maximum FBLTX drawdown since its inception was -49.06%, smaller than the maximum FBGRX drawdown of -58.64%. Use the drawdown chart below to compare losses from any high point for FBLTX and FBGRX.
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Drawdown Indicators
| FBLTX | FBGRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.06% | -58.64% | +9.58% |
Max Drawdown (1Y)Largest decline over 1 year | -7.66% | -12.65% | +4.99% |
Max Drawdown (3Y)Largest decline over 3 years | -14.75% | -27.07% | +12.32% |
Max Drawdown (5Y)Largest decline over 5 years | -44.19% | -43.08% | -1.11% |
Max Drawdown (10Y)Largest decline over 10 years | -49.06% | -43.08% | -5.98% |
Current DrawdownCurrent decline from peak | -42.95% | -7.79% | -35.16% |
Average DrawdownAverage peak-to-trough decline | -21.28% | -12.49% | -8.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.54% | 3.54% | 0.00% |
Volatility
FBLTX vs. FBGRX - Volatility Comparison
The current volatility for Fidelity SAI Long-Term Treasury Bond Index Fund (FBLTX) is 2.48%, while Fidelity Blue Chip Growth Fund (FBGRX) has a volatility of 6.56%. This indicates that FBLTX experiences smaller price fluctuations and is considered to be less risky than FBGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FBLTX | FBGRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.48% | 6.56% | -4.08% |
Volatility (6M)Calculated over the trailing 6-month period | 6.79% | 16.09% | -9.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.26% | 20.05% | -10.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.57% | 25.24% | -9.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.51% | 23.83% | -9.32% |
FBLTX vs. FBGRX - Expense Ratio Comparison
FBLTX has a 0.03% expense ratio, which is lower than FBGRX's 0.79% expense ratio.
Dividends
FBLTX vs. FBGRX - Dividend Comparison
FBLTX's dividend yield for the trailing twelve months is around 3.97%, more than FBGRX's 1.72% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBGRX Fidelity Blue Chip Growth Fund | 1.72% | 1.90% | 5.95% | 0.93% | 0.57% | 8.73% | 6.40% | 3.70% | 6.32% | 4.23% | 4.05% | 5.30% |
FBLTX Fidelity SAI Long-Term Treasury Bond Index Fund | 3.97% | 4.04% | 3.60% | 3.29% | 2.25% | 1.81% | 6.73% | 2.39% | 2.87% | 2.68% | 3.70% | 0.39% |
Frequently Asked Questions
FBLTX and FBGRX have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FBGRX has higher volatility (6.56%) compared to FBLTX (2.48%). In terms of maximum drawdown, FBLTX dropped -49.06% vs FBGRX's -58.64%.
FBGRX currently has the higher Sharpe Ratio (1.09 vs -0.04), 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.
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