FFNYX vs. VTSPX

Last updated Jun 23, 2026

FFNYX (Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund) and VTSPX (Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares) are both Inflation-Protected Bonds funds. Their correlation of 0.94 suggests significant overlap in exposure. FFNYX charges 0.05%/yr vs 0.04%/yr for VTSPX.

Performance

FFNYX vs. VTSPX - 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 Institutional Shares (VTSPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FFNYX

• 1D: 0.00%
• 1M: -0.10%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

VTSPX

• 1D: 0.04%
• 1M: -0.04%
• YTD: 1.46%
• 6M: 1.58%
• 1Y: 3.77%
• 3Y*: 5.06%
• 5Y*: 3.37%
• 10Y*: 3.07%

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

FFNYX vs. VTSPX - Yearly Performance Comparison

	2026 (YTD)
FFNYX Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund	0.34%
VTSPX Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares	0.53%

Correlation

The correlation between FFNYX and VTSPX is 0.94, 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 16, 2026	0.94

Return for Risk

FFNYX vs. VTSPX — Risk / Return Rank

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

FFNYX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

VTSPX

VTSPX Risk / Return Rank: 89
VTSPX Sharpe Ratio Rank: 83
VTSPX Sortino Ratio Rank: 88
VTSPX Omega Ratio Rank: 85
VTSPX Calmar Ratio Rank: 95
VTSPX 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. VTSPX - 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 Institutional Shares (VTSPX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FFNYX	VTSPX	Difference
Sharpe ratio: Return per unit of total volatility	—	2.50	—
Sortino ratio: Return per unit of downside risk	—	3.95	—
Omega ratio: Gain probability vs. loss probability	—	1.53	—
Calmar ratio: Return relative to maximum drawdown	—	5.51	—
Martin ratio: Return relative to average drawdown	—	20.25	—

Drawdowns

FFNYX vs. VTSPX - Drawdown Comparison

The maximum FFNYX drawdown since its inception was -0.69%, smaller than the maximum VTSPX drawdown of -5.35%. Use the drawdown chart below to compare losses from any high point for FFNYX and VTSPX.

Drawdown Indicators

	FFNYX	VTSPX	Difference
Max Drawdown Largest peak-to-trough decline	-0.69%	-5.35%	+4.66%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.72%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.92%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-5.35%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-5.35%	—
Current Drawdown Current decline from peak	-0.69%	-0.63%	-0.06%
Average Drawdown Average peak-to-trough decline	-0.21%	-1.01%	+0.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.19%	—

Volatility

Volatility by Period

	FFNYX	VTSPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.67%	—
Volatility (6M) Calculated over the trailing 6-month period	—	1.22%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.00%	1.58%	+0.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.00%	2.66%	-0.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.00%	2.24%	-0.24%

FFNYX vs. VTSPX - Expense Ratio Comparison

FFNYX has a 0.05% expense ratio, which is higher than VTSPX's 0.04% 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%.

Dividends

FFNYX vs. VTSPX - Dividend Comparison

FFNYX's dividend yield for the trailing twelve months is around 0.04%, less than VTSPX's 3.61% 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%
VTSPX Vanguard Short-Term Inflation-Protected Securities Index Fund Institutional Shares	3.61%	3.81%	2.70%	2.86%	6.84%	4.69%	1.21%	1.96%	2.47%	1.52%	0.80%

Frequently Asked Questions

Can I hold both FFNYX and VTSPX in my portfolio?

With a correlation of 0.94, FFNYX and VTSPX 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.