FFNYX vs. DIPSX

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund (FFNYX) and DFA Inflation-Protected Securities Portfolio (DIPSX).

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. DIPSX is managed by Dimensional. It was launched on Sep 17, 2006.

Performance

FFNYX vs. DIPSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund (FFNYX) and DFA Inflation-Protected Securities Portfolio (DIPSX). The values are adjusted to include any dividend payments, if applicable.

FFNYX vs. DIPSX - Yearly Performance Comparison

	2026 (YTD)
FFNYX Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund	-0.10%
DIPSX DFA Inflation-Protected Securities Portfolio	-0.62%

Returns By Period

FFNYX

• 1D: 0.00%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

DIPSX

• 1D: 0.00%
• 1M: -1.15%
• YTD: 0.36%
• 6M: 0.01%
• 1Y: 1.69%
• 3Y*: 2.74%
• 5Y*: 1.13%
• 10Y*: 2.53%

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

FFNYX vs. DIPSX - Expense Ratio Comparison

FFNYX has a 0.05% expense ratio, which is lower than DIPSX's 0.11% 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%.

DIPSX

DFA Inflation-Protected Securities Portfolio

FFNYX

Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund

Return for Risk

FFNYX vs. DIPSX — Risk / Return Rank

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

DIPSX

DIPSX Risk / Return Rank: 18
DIPSX Sharpe Ratio Rank: 13
DIPSX Sortino Ratio Rank: 11
DIPSX Omega Ratio Rank: 10
DIPSX Calmar Ratio Rank: 32
DIPSX Martin Ratio Rank: 24

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.

FFNYX vs. DIPSX - 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 DFA Inflation-Protected Securities Portfolio (DIPSX). 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.

Sharpe Ratios by Period

	FFNYX	DIPSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.40	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.18	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.44	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.99	0.31	-1.30

Correlation

The correlation between FFNYX and DIPSX is 0.86, 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. DIPSX - Dividend Comparison

FFNYX has not paid dividends to shareholders, while DIPSX's dividend yield for the trailing twelve months is around 2.05%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%	0.00%
DIPSX DFA Inflation-Protected Securities Portfolio	2.05%	2.43%	2.70%	3.73%	8.14%	4.86%	1.58%	2.12%	2.28%	2.64%	1.99%	0.69%

Drawdowns

FFNYX vs. DIPSX - Drawdown Comparison

The maximum FFNYX drawdown since its inception was -0.69%, smaller than the maximum DIPSX drawdown of -14.64%. Use the drawdown chart below to compare losses from any high point for FFNYX and DIPSX.

Drawdown Indicators

	FFNYX	DIPSX	Difference
Max Drawdown Largest peak-to-trough decline	-0.69%	-14.64%	+13.95%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.02%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-14.64%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-14.64%	—
Current Drawdown Current decline from peak	-0.30%	-1.92%	+1.62%
Average Drawdown Average peak-to-trough decline	-0.39%	-4.59%	+4.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.05%	—

Volatility

Volatility by Period

	FFNYX	DIPSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.38%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.34%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.38%	4.31%	-1.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.38%	6.37%	-3.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.38%	5.73%	-3.35%