FFNYX vs. EARRX

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund (FFNYX) and Eaton Vance Short Duration Inflation-Protected Income Fund Class A (EARRX).

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. EARRX is managed by Eaton Vance. It was launched on Mar 31, 2010.

Performance

FFNYX vs. EARRX - 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 Eaton Vance Short Duration Inflation-Protected Income Fund Class A (EARRX). The values are adjusted to include any dividend payments, if applicable.

FFNYX vs. EARRX - Yearly Performance Comparison

	2026 (YTD)
FFNYX Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund	-0.10%
EARRX Eaton Vance Short Duration Inflation-Protected Income Fund Class A	-0.21%

Returns By Period

FFNYX

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

EARRX

• 1D: 0.10%
• 1M: -0.01%
• YTD: 0.38%
• 6M: 0.33%
• 1Y: 3.08%
• 3Y*: 4.84%
• 5Y*: 3.78%
• 10Y*: 3.61%

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

FFNYX vs. EARRX - Expense Ratio Comparison

FFNYX has a 0.05% expense ratio, which is lower than EARRX's 0.85% expense ratio.

EARRX

Eaton Vance Short Duration Inflation-Protected Income Fund Class A

FFNYX

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

Return for Risk

FFNYX vs. EARRX — Risk / Return Rank

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

EARRX

EARRX Risk / Return Rank: 87
EARRX Sharpe Ratio Rank: 84
EARRX Sortino Ratio Rank: 85
EARRX Omega Ratio Rank: 85
EARRX Calmar Ratio Rank: 90
EARRX Martin Ratio Rank: 92

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. EARRX - 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 Eaton Vance Short Duration Inflation-Protected Income Fund Class A (EARRX). 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	EARRX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.66	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.37	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.33	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.99	1.05	-2.03

Correlation

The correlation between FFNYX and EARRX is 0.97, 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. EARRX - Dividend Comparison

FFNYX has not paid dividends to shareholders, while EARRX's dividend yield for the trailing twelve months is around 3.87%.

	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%
EARRX Eaton Vance Short Duration Inflation-Protected Income Fund Class A	3.87%	4.36%	3.83%	4.24%	4.82%	3.32%	2.02%	2.46%	2.67%	1.90%	2.00%	1.73%

Drawdowns

FFNYX vs. EARRX - Drawdown Comparison

The maximum FFNYX drawdown since its inception was -0.69%, smaller than the maximum EARRX drawdown of -10.27%. Use the drawdown chart below to compare losses from any high point for FFNYX and EARRX.

Drawdown Indicators

	FFNYX	EARRX	Difference
Max Drawdown Largest peak-to-trough decline	-0.69%	-10.27%	+9.58%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.18%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-6.39%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-10.27%	—
Current Drawdown Current decline from peak	-0.30%	-0.41%	+0.11%
Average Drawdown Average peak-to-trough decline	-0.39%	-1.09%	+0.70%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.27%	—

Volatility

Volatility by Period

	FFNYX	EARRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.59%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.06%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.38%	1.87%	+0.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.38%	2.78%	-0.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.38%	2.71%	-0.33%