FBLTX vs. GSGOX

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity SAI Long-Term Treasury Bond Index Fund (FBLTX) and Goldman Sachs Government Income Fund (GSGOX).

FBLTX is managed by Fidelity. It was launched on Oct 8, 2015. GSGOX is managed by Goldman Sachs. It was launched on Feb 9, 1993.

Performance

FBLTX vs. GSGOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity SAI Long-Term Treasury Bond Index Fund (FBLTX) and Goldman Sachs Government Income Fund (GSGOX). The values are adjusted to include any dividend payments, if applicable.

FBLTX vs. GSGOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FBLTX Fidelity SAI Long-Term Treasury Bond Index Fund	-0.25%	4.39%	-8.05%	2.71%	-31.84%	-4.89%	18.27%	14.36%	-1.24%	9.06%
GSGOX Goldman Sachs Government Income Fund	1.75%	6.58%	0.07%	4.07%	-13.16%	-2.47%	6.34%	5.77%	0.30%	1.74%

Returns By Period

FBLTX

• 1D: -0.15%
• 1M: -3.47%
• YTD: -0.25%
• 6M: -1.29%
• 1Y: -1.56%
• 3Y*: -2.81%
• 5Y*: -6.07%
• 10Y*: -1.47%

GSGOX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FBLTX vs. GSGOX - Expense Ratio Comparison

FBLTX has a 0.03% expense ratio, which is lower than GSGOX's 0.82% expense ratio.

GSGOX

Goldman Sachs Government Income Fund

FBLTX

Fidelity SAI Long-Term Treasury Bond Index Fund

Return for Risk

FBLTX vs. GSGOX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FBLTX

FBLTX Risk / Return Rank: 5
FBLTX Sharpe Ratio Rank: 4
FBLTX Sortino Ratio Rank: 3
FBLTX Omega Ratio Rank: 4
FBLTX Calmar Ratio Rank: 9
FBLTX Martin Ratio Rank: 8

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FBLTX vs. GSGOX - 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 Goldman Sachs Government Income Fund (GSGOX). 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.

	FBLTX	GSGOX	Difference
Sharpe ratio Return per unit of total volatility	-0.06	—	—
Sortino ratio Return per unit of downside risk	-0.01	—	—
Omega ratio Gain probability vs. loss probability	1.00	—	—
Calmar ratio Return relative to maximum drawdown	0.21	—	—
Martin ratio Return relative to average drawdown	0.44	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FBLTX	GSGOX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.06	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.39	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.10	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.05	—	—

Correlation

The correlation between FBLTX and GSGOX is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

FBLTX vs. GSGOX - Dividend Comparison

FBLTX's dividend yield for the trailing twelve months is around 3.75%, more than GSGOX's 3.32% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FBLTX Fidelity SAI Long-Term Treasury Bond Index Fund	3.75%	4.04%	3.60%	3.29%	2.25%	1.81%	6.73%	2.39%	2.87%	2.68%	3.70%	0.39%
GSGOX Goldman Sachs Government Income Fund	3.32%	3.03%	2.26%	2.09%	1.02%	2.30%	1.22%	2.03%	2.01%	1.73%	1.71%	1.53%

Drawdowns

Drawdown Indicators

	FBLTX	GSGOX	Difference
Max Drawdown Largest peak-to-trough decline	-49.06%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-9.51%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-44.19%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-49.06%	—	—
Current Drawdown Current decline from peak	-41.11%	—	—
Average Drawdown Average peak-to-trough decline	-20.66%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.47%	—	—

Volatility

Volatility by Period

	FBLTX	GSGOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.71%	—	—
Volatility (6M) Calculated over the trailing 6-month period	6.63%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.48%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.72%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.62%	—	—