FFNYX vs. VTIPX

Last updated Jun 4, 2026

FFNYX (Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund) and VTIPX (Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares) are both Inflation-Protected Bonds funds. Their correlation of 0.95 suggests significant overlap in exposure. FFNYX charges 0.05%/yr vs 0.14%/yr for VTIPX.

Performance

FFNYX vs. VTIPX - 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 Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares (VTIPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FFNYX

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

VTIPX

• 1D: 0.00%
• 1M: -0.00%
• YTD: 1.99%
• 6M: 1.96%
• 1Y: 4.60%
• 3Y*: 5.15%
• 5Y*: 3.29%
• 10Y*: 3.05%

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

FFNYX vs. VTIPX - Yearly Performance Comparison

	2026 (YTD)
FFNYX Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund	0.93%
VTIPX Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares	0.97%

Correlation

The correlation between FFNYX and VTIPX is 0.95, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 17, 2026	0.95

Return for Risk

FFNYX vs. VTIPX — Risk / Return Rank

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

VTIPX

VTIPX Risk / Return Rank: 93
VTIPX Sharpe Ratio Rank: 90
VTIPX Sortino Ratio Rank: 95
VTIPX Omega Ratio Rank: 89
VTIPX Calmar Ratio Rank: 96
VTIPX Martin Ratio Rank: 96

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. VTIPX - 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 Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares (VTIPX). 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	VTIPX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.97	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.24	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.38	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.37	1.03	+1.34

Drawdowns

FFNYX vs. VTIPX - Drawdown Comparison

The maximum FFNYX drawdown since its inception was -0.69%, smaller than the maximum VTIPX drawdown of -5.36%. Use the drawdown chart below to compare losses from any high point for FFNYX and VTIPX.

Drawdown Indicators

	FFNYX	VTIPX	Difference
Max Drawdown Largest peak-to-trough decline	-0.69%	-5.36%	+4.67%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.72%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.95%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-5.36%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-5.36%	—
Current Drawdown Current decline from peak	-0.10%	-0.04%	-0.06%
Average Drawdown Average peak-to-trough decline	-0.18%	-1.11%	+0.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.18%	—

Volatility

Volatility by Period

	FFNYX	VTIPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.53%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.09%	—
Volatility (1Y) Calculated over the trailing 1-year period	1.89%	1.51%	+0.38%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.89%	2.66%	-0.77%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.89%	2.22%	-0.33%

FFNYX vs. VTIPX - Expense Ratio Comparison

FFNYX has a 0.05% expense ratio, which is lower than VTIPX's 0.14% 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%.

Dividends

FFNYX vs. VTIPX - Dividend Comparison

FFNYX's dividend yield for the trailing twelve months is around 0.04%, less than VTIPX's 3.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FFNYX Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VTIPX Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares	3.48%	3.70%	2.60%	2.76%	6.74%	4.59%	1.11%	1.88%	2.37%	1.50%	0.55%

Frequently Asked Questions

Can I hold both FFNYX and VTIPX in my portfolio?

With a correlation of 0.95, FFNYX and VTIPX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.