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FFXSX vs. BNDX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FFXSX vs. BNDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Limited Term Government Fund (FFXSX) and Vanguard Total International Bond ETF (BNDX). The values are adjusted to include any dividend payments, if applicable.

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FFXSX vs. BNDX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FFXSX
Fidelity Limited Term Government Fund
-0.11%5.65%3.11%4.13%-6.37%-1.54%3.86%3.77%1.16%0.56%
BNDX
Vanguard Total International Bond ETF
0.02%2.86%3.57%8.77%-12.76%-2.29%4.65%7.87%2.81%2.40%

Returns By Period

In the year-to-date period, FFXSX achieves a -0.11% return, which is significantly lower than BNDX's 0.02% return. Over the past 10 years, FFXSX has underperformed BNDX with an annualized return of 1.29%, while BNDX has yielded a comparatively higher 1.75% annualized return.


FFXSX

1D
0.10%
1M
-0.82%
YTD
-0.11%
6M
0.81%
1Y
3.40%
3Y*
3.62%
5Y*
1.07%
10Y*
1.29%

BNDX

1D
0.15%
1M
-1.65%
YTD
0.02%
6M
0.27%
1Y
2.71%
3Y*
3.88%
5Y*
0.20%
10Y*
1.75%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FFXSX vs. BNDX - Expense Ratio Comparison

FFXSX has a 0.45% expense ratio, which is higher than BNDX's 0.07% expense ratio.


Return for Risk

FFXSX vs. BNDX — Risk / Return Rank

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

FFXSX
FFXSX Risk / Return Rank: 8383
Overall Rank
FFXSX Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
FFXSX Sortino Ratio Rank: 8686
Sortino Ratio Rank
FFXSX Omega Ratio Rank: 7575
Omega Ratio Rank
FFXSX Calmar Ratio Rank: 9090
Calmar Ratio Rank
FFXSX Martin Ratio Rank: 8383
Martin Ratio Rank

BNDX
BNDX Risk / Return Rank: 4040
Overall Rank
BNDX Sharpe Ratio Rank: 4444
Sharpe Ratio Rank
BNDX Sortino Ratio Rank: 4040
Sortino Ratio Rank
BNDX Omega Ratio Rank: 3636
Omega Ratio Rank
BNDX Calmar Ratio Rank: 3838
Calmar Ratio Rank
BNDX Martin Ratio Rank: 4242
Martin Ratio Rank
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.

FFXSX vs. BNDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Limited Term Government Fund (FFXSX) and Vanguard Total International Bond ETF (BNDX). 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.


FFXSXBNDXDifference

Sharpe ratio

Return per unit of total volatility

1.50

0.85

+0.65

Sortino ratio

Return per unit of downside risk

2.40

1.19

+1.21

Omega ratio

Gain probability vs. loss probability

1.30

1.15

+0.15

Calmar ratio

Return relative to maximum drawdown

2.65

1.01

+1.65

Martin ratio

Return relative to average drawdown

8.97

4.10

+4.87

FFXSX vs. BNDX - Sharpe Ratio Comparison

The current FFXSX Sharpe Ratio is 1.50, which is higher than the BNDX Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of FFXSX and BNDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FFXSXBNDXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.50

0.85

+0.65

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.35

0.04

+0.31

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.53

0.43

+0.10

Sharpe Ratio (All Time)

Calculated using the full available price history

1.56

0.61

+0.96

Correlation

The correlation between FFXSX and BNDX is 0.58, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

FFXSX vs. BNDX - Dividend Comparison

FFXSX's dividend yield for the trailing twelve months is around 3.04%, less than BNDX's 4.46% yield.


TTM20252024202320222021202020192018201720162015
FFXSX
Fidelity Limited Term Government Fund
3.04%3.30%2.96%2.21%0.72%0.42%1.23%1.88%1.35%1.18%1.20%0.85%
BNDX
Vanguard Total International Bond ETF
4.46%4.39%4.18%4.42%1.51%3.74%1.11%3.40%3.01%2.23%1.89%1.63%

Drawdowns

FFXSX vs. BNDX - Drawdown Comparison

The maximum FFXSX drawdown since its inception was -9.78%, smaller than the maximum BNDX drawdown of -16.23%. Use the drawdown chart below to compare losses from any high point for FFXSX and BNDX.


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Drawdown Indicators


FFXSXBNDXDifference

Max Drawdown

Largest peak-to-trough decline

-9.78%

-16.23%

+6.45%

Max Drawdown (1Y)

Largest decline over 1 year

-1.43%

-2.93%

+1.50%

Max Drawdown (5Y)

Largest decline over 5 years

-9.20%

-15.86%

+6.66%

Max Drawdown (10Y)

Largest decline over 10 years

-9.78%

-16.23%

+6.45%

Current Drawdown

Current decline from peak

-1.02%

-1.99%

+0.97%

Average Drawdown

Average peak-to-trough decline

-0.87%

-3.10%

+2.23%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.42%

0.72%

-0.30%

Volatility

FFXSX vs. BNDX - Volatility Comparison

The current volatility for Fidelity Limited Term Government Fund (FFXSX) is 0.74%, while Vanguard Total International Bond ETF (BNDX) has a volatility of 1.74%. This indicates that FFXSX experiences smaller price fluctuations and is considered to be less risky than BNDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FFXSXBNDXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.74%

1.74%

-1.00%

Volatility (6M)

Calculated over the trailing 6-month period

1.39%

2.29%

-0.90%

Volatility (1Y)

Calculated over the trailing 1-year period

2.31%

3.21%

-0.90%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.02%

4.81%

-1.79%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

2.43%

4.05%

-1.62%