FBLTX vs. FBLYX
Compare and contrast key facts about Fidelity SAI Long-Term Treasury Bond Index Fund (FBLTX) and Fidelity Advisor Global Equity Income Fund Class A (FBLYX).
FBLTX is managed by Fidelity. It was launched on Oct 8, 2015. FBLYX is managed by Fidelity. It was launched on May 2, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBLTX or FBLYX.
Key characteristics
| FBLTX | FBLYX | |
|---|---|---|
| YTD Return | -5.79% | 14.78% |
| 1Y Return | 4.15% | 21.97% |
| 3Y Return (Ann) | -12.52% | 5.46% |
| 5Y Return (Ann) | -6.82% | 10.41% |
| Sharpe Ratio | 0.28 | 2.52 |
| Sortino Ratio | 0.49 | 3.47 |
| Omega Ratio | 1.06 | 1.47 |
| Calmar Ratio | 0.08 | 3.82 |
| Martin Ratio | 0.67 | 15.94 |
| Ulcer Index | 6.00% | 1.52% |
| Daily Std Dev | 14.71% | 9.60% |
| Max Drawdown | -51.05% | -30.38% |
| Current Drawdown | -44.47% | -1.95% |
Correlation
The correlation between FBLTX and FBLYX is -0.15. 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.
Performance
FBLTX vs. FBLYX - Performance Comparison
In the year-to-date period, FBLTX achieves a -5.79% return, which is significantly lower than FBLYX's 14.78% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FBLTX vs. FBLYX - Expense Ratio Comparison
FBLTX has a 0.03% expense ratio, which is lower than FBLYX's 1.30% expense ratio.
Risk-Adjusted Performance
FBLTX vs. FBLYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI Long-Term Treasury Bond Index Fund (FBLTX) and Fidelity Advisor Global Equity Income Fund Class A (FBLYX). 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
FBLTX vs. FBLYX - Dividend Comparison
FBLTX's dividend yield for the trailing twelve months is around 3.76%, more than FBLYX's 2.96% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBLTX Fidelity SAI Long-Term Treasury Bond Index Fund | 3.76% | 3.29% | 2.99% | 1.87% | 1.91% | 2.40% | 2.87% | 2.69% | 2.79% | 0.64% | 0.00% | 0.00% |
FBLYX Fidelity Advisor Global Equity Income Fund Class A | 2.96% | 1.02% | 0.76% | 0.46% | 0.73% | 1.11% | 1.44% | 0.82% | 0.92% | 2.64% | 7.68% | 2.69% |
Drawdowns
FBLTX vs. FBLYX - Drawdown Comparison
The maximum FBLTX drawdown since its inception was -51.05%, which is greater than FBLYX's maximum drawdown of -30.38%. Use the drawdown chart below to compare losses from any high point for FBLTX and FBLYX. For additional features, visit the drawdowns tool.
Volatility
FBLTX vs. FBLYX - Volatility Comparison
Fidelity SAI Long-Term Treasury Bond Index Fund (FBLTX) has a higher volatility of 5.00% compared to Fidelity Advisor Global Equity Income Fund Class A (FBLYX) at 1.28%. This indicates that FBLTX's price experiences larger fluctuations and is considered to be riskier than FBLYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.