FBLTX vs. ZROZ
Compare and contrast key facts about Fidelity SAI Long-Term Treasury Bond Index Fund (FBLTX) and PIMCO 25+ Year Zero Coupon US Treasury Index Fund (ZROZ).
FBLTX is managed by Fidelity. It was launched on Oct 8, 2015. ZROZ is a passively managed fund by PIMCO that tracks the performance of the BofA Merrill Lynch Long Treasury Principal STRIPS Index. It was launched on Oct 30, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBLTX or ZROZ.
Correlation
The correlation between FBLTX and ZROZ is 0.98, 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.
Performance
FBLTX vs. ZROZ - Performance Comparison
Key characteristics
FBLTX:
0.17
ZROZ:
-0.08
FBLTX:
0.33
ZROZ:
0.05
FBLTX:
1.04
ZROZ:
1.01
FBLTX:
0.05
ZROZ:
-0.03
FBLTX:
0.32
ZROZ:
-0.15
FBLTX:
7.29%
ZROZ:
11.89%
FBLTX:
14.17%
ZROZ:
22.96%
FBLTX:
-51.04%
ZROZ:
-62.93%
FBLTX:
-45.02%
ZROZ:
-59.54%
Returns By Period
In the year-to-date period, FBLTX achieves a 0.83% return, which is significantly higher than ZROZ's -1.98% return.
FBLTX
0.83%
-3.83%
-4.84%
2.65%
-10.73%
N/A
ZROZ
-1.98%
-6.95%
-11.42%
-2.75%
-15.78%
-3.50%
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FBLTX vs. ZROZ - Expense Ratio Comparison
FBLTX has a 0.03% expense ratio, which is lower than ZROZ's 0.15% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FBLTX vs. ZROZ — Risk-Adjusted Performance Rank
FBLTX
ZROZ
FBLTX vs. ZROZ - 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 PIMCO 25+ Year Zero Coupon US Treasury Index Fund (ZROZ). 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. ZROZ - Dividend Comparison
FBLTX's dividend yield for the trailing twelve months is around 3.98%, less than ZROZ's 4.73% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBLTX Fidelity SAI Long-Term Treasury Bond Index Fund | 3.98% | 3.93% | 3.29% | 2.99% | 1.87% | 1.91% | 2.40% | 2.87% | 2.69% | 2.79% | 0.64% | 0.00% |
ZROZ PIMCO 25+ Year Zero Coupon US Treasury Index Fund | 4.73% | 4.58% | 3.52% | 2.76% | 1.60% | 1.68% | 2.22% | 2.91% | 2.53% | 3.00% | 2.98% | 2.00% |
Drawdowns
FBLTX vs. ZROZ - Drawdown Comparison
The maximum FBLTX drawdown since its inception was -51.04%, smaller than the maximum ZROZ drawdown of -62.93%. Use the drawdown chart below to compare losses from any high point for FBLTX and ZROZ. For additional features, visit the drawdowns tool.
Volatility
FBLTX vs. ZROZ - Volatility Comparison
The current volatility for Fidelity SAI Long-Term Treasury Bond Index Fund (FBLTX) is 5.70%, while PIMCO 25+ Year Zero Coupon US Treasury Index Fund (ZROZ) has a volatility of 9.51%. This indicates that FBLTX experiences smaller price fluctuations and is considered to be less risky than ZROZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.