FFNYX vs. FSTZX

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund (FFNYX) and Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (FSTZX).

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. FSTZX is managed by Fidelity. It was launched on Jan 17, 2022.

Performance

FFNYX vs. FSTZX - 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 Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (FSTZX). The values are adjusted to include any dividend payments, if applicable.

FFNYX vs. FSTZX - Yearly Performance Comparison

	2026 (YTD)
FFNYX Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund	-0.10%
FSTZX Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund	-0.10%

Returns By Period

FFNYX

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

FSTZX

• 1D: 0.00%
• 1M: 0.10%
• YTD: 1.02%
• 6M: 1.20%
• 1Y: 3.95%
• 3Y*: 4.75%
• 5Y*: —
• 10Y*: —

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

FFNYX vs. FSTZX - Expense Ratio Comparison

FFNYX has a 0.05% expense ratio, which is higher than FSTZX's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

FFNYX

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

FSTZX

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

Return for Risk

FFNYX vs. FSTZX — Risk / Return Rank

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

FSTZX

FSTZX Risk / Return Rank: 94
FSTZX Sharpe Ratio Rank: 92
FSTZX Sortino Ratio Rank: 94
FSTZX Omega Ratio Rank: 92
FSTZX Calmar Ratio Rank: 97
FSTZX Martin Ratio Rank: 95

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. FSTZX - 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 Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund (FSTZX). 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	FSTZX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.00	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.99	1.14	-2.13

Correlation

The correlation between FFNYX and FSTZX is 1.00, 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. FSTZX - Dividend Comparison

FFNYX has not paid dividends to shareholders, while FSTZX's dividend yield for the trailing twelve months is around 3.98%.

	TTM	2025	2024	2023	2022	2021
FFNYX Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FSTZX Fidelity Series 0-5 Year Inflation-Protected Bond Index Fund	3.98%	4.02%	2.78%	2.54%	5.25%	0.82%

Drawdowns

FFNYX vs. FSTZX - Drawdown Comparison

The maximum FFNYX drawdown since its inception was -0.69%, smaller than the maximum FSTZX drawdown of -5.30%. Use the drawdown chart below to compare losses from any high point for FFNYX and FSTZX.

Drawdown Indicators

	FFNYX	FSTZX	Difference
Max Drawdown Largest peak-to-trough decline	-0.69%	-5.30%	+4.61%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.03%	—
Current Drawdown Current decline from peak	-0.30%	-0.30%	0.00%
Average Drawdown Average peak-to-trough decline	-0.39%	-1.13%	+0.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.29%	—

Volatility

Volatility by Period

	FFNYX	FSTZX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.57%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.07%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.38%	1.99%	+0.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.38%	2.83%	-0.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.38%	2.83%	-0.45%