FFNYX vs. SWRSX

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund (FFNYX) and Schwab Treasury Inflation Protected Securities Index Fund (SWRSX).

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. SWRSX is managed by Charles Schwab. It was launched on Mar 30, 2006.

Performance

FFNYX vs. SWRSX - 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 Schwab Treasury Inflation Protected Securities Index Fund (SWRSX). The values are adjusted to include any dividend payments, if applicable.

FFNYX vs. SWRSX - Yearly Performance Comparison

	2026 (YTD)
FFNYX Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund	-0.10%
SWRSX Schwab Treasury Inflation Protected Securities Index Fund	-1.05%

Returns By Period

FFNYX

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

SWRSX

• 1D: -0.39%
• 1M: -1.53%
• YTD: -0.00%
• 6M: -0.15%
• 1Y: 2.51%
• 3Y*: 3.00%
• 5Y*: 1.29%
• 10Y*: 2.53%

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

FFNYX vs. SWRSX - Expense Ratio Comparison

Both FFNYX and SWRSX have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

FFNYX

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

SWRSX

Schwab Treasury Inflation Protected Securities Index Fund

Return for Risk

FFNYX vs. SWRSX — Risk / Return Rank

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

SWRSX

SWRSX Risk / Return Rank: 26
SWRSX Sharpe Ratio Rank: 23
SWRSX Sortino Ratio Rank: 19
SWRSX Omega Ratio Rank: 17
SWRSX Calmar Ratio Rank: 41
SWRSX Martin Ratio Rank: 29

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. SWRSX - 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 Schwab Treasury Inflation Protected Securities Index Fund (SWRSX). 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	SWRSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.63	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.21	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.47	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.99	0.56	-1.55

Correlation

The correlation between FFNYX and SWRSX is 0.72, 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. SWRSX - Dividend Comparison

FFNYX has not paid dividends to shareholders, while SWRSX's dividend yield for the trailing twelve months is around 3.38%.

	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%
SWRSX Schwab Treasury Inflation Protected Securities Index Fund	3.38%	4.20%	3.68%	3.11%	7.95%	4.45%	1.33%	2.20%	2.87%	1.75%	1.81%	1.06%

Drawdowns

FFNYX vs. SWRSX - Drawdown Comparison

The maximum FFNYX drawdown since its inception was -0.69%, smaller than the maximum SWRSX drawdown of -14.29%. Use the drawdown chart below to compare losses from any high point for FFNYX and SWRSX.

Drawdown Indicators

	FFNYX	SWRSX	Difference
Max Drawdown Largest peak-to-trough decline	-0.69%	-14.29%	+13.60%
Max Drawdown (1Y) Largest decline over 1 year	—	-2.68%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-14.29%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-14.29%	—
Current Drawdown Current decline from peak	-0.30%	-1.71%	+1.41%
Average Drawdown Average peak-to-trough decline	-0.39%	-3.75%	+3.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.91%	—

Volatility

Volatility by Period

	FFNYX	SWRSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.33%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.20%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.38%	4.01%	-1.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.38%	6.05%	-3.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.38%	5.39%	-3.01%