FDRXX vs. FFXSX
Compare and contrast key facts about Fidelity Government Cash Reserves (FDRXX) and Fidelity Limited Term Government Fund (FFXSX).
FDRXX is managed by Fidelity. It was launched on Dec 15, 1999. FFXSX is managed by Fidelity. It was launched on Nov 10, 1986.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDRXX or FFXSX.
Correlation
The correlation between FDRXX and FFXSX is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FDRXX vs. FFXSX - Performance Comparison
Key characteristics
FDRXX:
3.21
FFXSX:
1.43
FDRXX:
0.00%
FFXSX:
0.80%
FDRXX:
1.40%
FFXSX:
2.51%
FDRXX:
0.00%
FFXSX:
-9.71%
FDRXX:
0.00%
FFXSX:
-1.46%
Returns By Period
Over the past 10 years, FDRXX has outperformed FFXSX with an annualized return of 1.22%, while FFXSX has yielded a comparatively lower 0.87% annualized return.
FDRXX
0.00%
0.00%
1.95%
4.53%
2.22%
1.22%
FFXSX
0.10%
0.10%
0.04%
3.71%
0.36%
0.87%
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FDRXX vs. FFXSX - Expense Ratio Comparison
FDRXX has a 0.38% expense ratio, which is lower than FFXSX's 0.45% expense ratio.
Risk-Adjusted Performance
FDRXX vs. FFXSX — Risk-Adjusted Performance Rank
FDRXX
FFXSX
FDRXX vs. FFXSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Government Cash Reserves (FDRXX) and Fidelity Limited Term Government Fund (FFXSX). 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
FDRXX vs. FFXSX - Dividend Comparison
FDRXX's dividend yield for the trailing twelve months is around 4.41%, more than FFXSX's 2.48% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDRXX Fidelity Government Cash Reserves | 4.41% | 4.84% | 4.69% | 1.33% | 0.01% | 0.28% | 1.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FFXSX Fidelity Limited Term Government Fund | 2.48% | 2.68% | 2.21% | 1.00% | 0.50% | 0.96% | 1.89% | 1.35% | 1.18% | 0.86% | 0.76% | 0.65% |
Drawdowns
FDRXX vs. FFXSX - Drawdown Comparison
The maximum FDRXX drawdown since its inception was 0.00%, smaller than the maximum FFXSX drawdown of -9.71%. Use the drawdown chart below to compare losses from any high point for FDRXX and FFXSX. For additional features, visit the drawdowns tool.
Volatility
FDRXX vs. FFXSX - Volatility Comparison
The current volatility for Fidelity Government Cash Reserves (FDRXX) is 0.00%, while Fidelity Limited Term Government Fund (FFXSX) has a volatility of 0.64%. This indicates that FDRXX experiences smaller price fluctuations and is considered to be less risky than FFXSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.