FFNYX vs. BKIPX
Compare and contrast key facts about Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund (FFNYX) and iShares Short-Term TIPS Bond Index Fund Class K (BKIPX).
FFNYX is a passively managed fund by Fidelity that tracks the performance of the Bloomberg US Treasury 0-5 Year TIPS Index. It was launched on Nov 4, 2025. BKIPX is a passively managed fund by iShares that tracks the performance of the Bloomberg U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index. It was launched on Feb 16, 2016. Both FFNYX and BKIPX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Performance
FFNYX vs. BKIPX - Performance Comparison
Loading graphics...
FFNYX vs. BKIPX - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
FFNYX Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund | -0.10% |
BKIPX iShares Short-Term TIPS Bond Index Fund Class K | -0.31% |
Returns By Period
FFNYX
- 1D
- 0.00%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
BKIPX
- 1D
- 0.00%
- 1M
- -0.10%
- YTD
- 0.73%
- 6M
- 0.95%
- 1Y
- 3.68%
- 3Y*
- 4.22%
- 5Y*
- 2.90%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FFNYX vs. BKIPX - Expense Ratio Comparison
FFNYX has a 0.05% expense ratio, which is lower than BKIPX's 0.06% 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%.
Return for Risk
FFNYX vs. BKIPX — Risk / Return Rank
FFNYX
BKIPX
FFNYX vs. BKIPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund (FFNYX) and iShares Short-Term TIPS Bond Index Fund Class K (BKIPX). 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
Loading graphics...
Sharpe Ratios by Period
| FFNYX | BKIPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.57 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.95 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.99 | 1.11 | -2.10 |
Correlation
The correlation between FFNYX and BKIPX is 0.89, 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
FFNYX vs. BKIPX - Dividend Comparison
FFNYX has not paid dividends to shareholders, while BKIPX's dividend yield for the trailing twelve months is around 3.60%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FFNYX Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BKIPX iShares Short-Term TIPS Bond Index Fund Class K | 3.60% | 4.68% | 4.33% | 2.77% | 4.80% | 4.41% | 1.17% | 2.54% | 2.56% | 1.90% |
Drawdowns
FFNYX vs. BKIPX - Drawdown Comparison
The maximum FFNYX drawdown since its inception was -0.69%, smaller than the maximum BKIPX drawdown of -6.42%. Use the drawdown chart below to compare losses from any high point for FFNYX and BKIPX.
Loading graphics...
Drawdown Indicators
| FFNYX | BKIPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.69% | -6.42% | +5.73% |
Max Drawdown (1Y)Largest decline over 1 year | — | -1.12% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -6.42% | — |
Current DrawdownCurrent decline from peak | -0.30% | -0.51% | +0.21% |
Average DrawdownAverage peak-to-trough decline | -0.39% | -1.08% | +0.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.39% | — |
Volatility
FFNYX vs. BKIPX - Volatility Comparison
Loading graphics...
Volatility by Period
| FFNYX | BKIPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.65% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.27% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.38% | 2.50% | -0.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.38% | 3.08% | -0.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.38% | 2.62% | -0.24% |