FFNYX vs. TIILX
Compare and contrast key facts about Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund (FFNYX) and TIAA-CREF Inflation-Linked Bond Fund (TIILX).
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. TIILX is managed by TIAA Investments. It was launched on Sep 30, 2002.
Performance
FFNYX vs. TIILX - Performance Comparison
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FFNYX vs. TIILX - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
FFNYX Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund | -0.10% |
TIILX TIAA-CREF Inflation-Linked Bond Fund | -0.64% |
Returns By Period
FFNYX
- 1D
- 0.00%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
TIILX
- 1D
- 0.00%
- 1M
- -0.73%
- YTD
- 0.56%
- 6M
- 0.56%
- 1Y
- 3.73%
- 3Y*
- 4.06%
- 5Y*
- 2.51%
- 10Y*
- 2.85%
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FFNYX vs. TIILX - Expense Ratio Comparison
FFNYX has a 0.05% expense ratio, which is lower than TIILX's 0.23% 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. TIILX — Risk / Return Rank
FFNYX
TIILX
FFNYX vs. TIILX - 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 TIAA-CREF Inflation-Linked Bond Fund (TIILX). 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.
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Sharpe Ratios by Period
| FFNYX | TIILX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.16 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.57 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.75 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.99 | 0.69 | -1.68 |
Correlation
The correlation between FFNYX and TIILX 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. TIILX - Dividend Comparison
FFNYX has not paid dividends to shareholders, while TIILX's dividend yield for the trailing twelve months is around 3.12%.
| 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% |
TIILX TIAA-CREF Inflation-Linked Bond Fund | 3.12% | 3.95% | 3.45% | 3.38% | 8.60% | 6.29% | 1.28% | 1.85% | 2.59% | 2.00% | 1.55% | 0.33% |
Drawdowns
FFNYX vs. TIILX - Drawdown Comparison
The maximum FFNYX drawdown since its inception was -0.69%, smaller than the maximum TIILX drawdown of -14.24%. Use the drawdown chart below to compare losses from any high point for FFNYX and TIILX.
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Drawdown Indicators
| FFNYX | TIILX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.69% | -14.24% | +13.55% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.12% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -9.57% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -9.57% | — |
Current DrawdownCurrent decline from peak | -0.30% | -0.91% | +0.61% |
Average DrawdownAverage peak-to-trough decline | -0.39% | -2.94% | +2.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.54% | — |
Volatility
FFNYX vs. TIILX - Volatility Comparison
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Volatility by Period
| FFNYX | TIILX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.01% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 1.75% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 2.38% | 3.17% | -0.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.38% | 4.39% | -2.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.38% | 3.83% | -1.45% |