FEUGX vs. FNBGX
Compare and contrast key facts about Federated Hermes Adjustable Rate Fund (FEUGX) and Fidelity Long-Term Treasury Bond Index Fund (FNBGX).
FEUGX is managed by Federated. It was launched on Dec 2, 1985. FNBGX is managed by Fidelity. It was launched on Dec 20, 2005.
Performance
FEUGX vs. FNBGX - Performance Comparison
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FEUGX vs. FNBGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FEUGX Federated Hermes Adjustable Rate Fund | 0.90% | 5.26% | 4.81% | 4.20% | -2.36% | -0.29% | 0.96% | 2.95% | 1.66% | 0.20% |
FNBGX Fidelity Long-Term Treasury Bond Index Fund | -0.35% | 5.30% | -6.18% | 3.20% | -29.89% | -5.17% | 17.58% | 14.24% | -1.62% | 1.86% |
Returns By Period
In the year-to-date period, FEUGX achieves a 0.90% return, which is significantly higher than FNBGX's -0.35% return.
FEUGX
- 1D
- 0.11%
- 1M
- -0.21%
- YTD
- 0.90%
- 6M
- 2.15%
- 1Y
- 4.63%
- 3Y*
- 4.56%
- 5Y*
- 2.50%
- 10Y*
- 1.89%
FNBGX
- 1D
- 1.21%
- 1M
- -4.27%
- YTD
- -0.35%
- 6M
- -0.77%
- 1Y
- 0.13%
- 3Y*
- -1.65%
- 5Y*
- -4.78%
- 10Y*
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FEUGX vs. FNBGX - Expense Ratio Comparison
FEUGX has a 0.55% expense ratio, which is higher than FNBGX's 0.03% expense ratio.
Return for Risk
FEUGX vs. FNBGX — Risk / Return Rank
FEUGX
FNBGX
FEUGX vs. FNBGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Adjustable Rate Fund (FEUGX) and Fidelity Long-Term Treasury Bond Index Fund (FNBGX). 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.
| FEUGX | FNBGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.33 | 0.12 | +3.21 |
Sortino ratioReturn per unit of downside risk | 9.08 | 0.23 | +8.86 |
Omega ratioGain probability vs. loss probability | 3.05 | 1.03 | +2.02 |
Calmar ratioReturn relative to maximum drawdown | 9.65 | 0.30 | +9.35 |
Martin ratioReturn relative to average drawdown | 33.30 | 0.66 | +32.64 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FEUGX | FNBGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.33 | 0.12 | +3.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.69 | -0.33 | +2.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.52 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.97 | -0.08 | +1.05 |
Correlation
The correlation between FEUGX and FNBGX is 0.36, 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.
Dividends
FEUGX vs. FNBGX - Dividend Comparison
FEUGX's dividend yield for the trailing twelve months is around 4.08%, more than FNBGX's 3.60% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEUGX Federated Hermes Adjustable Rate Fund | 4.08% | 4.57% | 4.36% | 3.88% | 1.11% | 0.12% | 1.06% | 2.70% | 1.75% | 0.98% | 0.67% | 0.50% |
FNBGX Fidelity Long-Term Treasury Bond Index Fund | 3.60% | 3.88% | 3.75% | 3.20% | 2.26% | 2.47% | 3.96% | 2.63% | 2.93% | 0.70% | 0.00% | 0.00% |
Drawdowns
FEUGX vs. FNBGX - Drawdown Comparison
The maximum FEUGX drawdown since its inception was -18.32%, smaller than the maximum FNBGX drawdown of -46.86%. Use the drawdown chart below to compare losses from any high point for FEUGX and FNBGX.
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Drawdown Indicators
| FEUGX | FNBGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.32% | -46.86% | +28.54% |
Max Drawdown (1Y)Largest decline over 1 year | -0.53% | -8.75% | +8.22% |
Max Drawdown (5Y)Largest decline over 5 years | -3.05% | -41.54% | +38.49% |
Max Drawdown (10Y)Largest decline over 10 years | -3.17% | — | — |
Current DrawdownCurrent decline from peak | -0.21% | -37.47% | +37.26% |
Average DrawdownAverage peak-to-trough decline | -1.15% | -21.32% | +20.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.15% | 3.97% | -3.82% |
Volatility
FEUGX vs. FNBGX - Volatility Comparison
The current volatility for Federated Hermes Adjustable Rate Fund (FEUGX) is 0.21%, while Fidelity Long-Term Treasury Bond Index Fund (FNBGX) has a volatility of 3.58%. This indicates that FEUGX experiences smaller price fluctuations and is considered to be less risky than FNBGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FEUGX | FNBGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.21% | 3.58% | -3.37% |
Volatility (6M)Calculated over the trailing 6-month period | 0.95% | 6.05% | -5.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.56% | 10.49% | -8.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.48% | 14.61% | -13.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.25% | 14.30% | -13.05% |