FFXSX vs. FDRXX
Compare and contrast key facts about Fidelity Limited Term Government Fund (FFXSX) and Fidelity Government Cash Reserves (FDRXX).
FFXSX is managed by Fidelity. It was launched on Nov 10, 1986. FDRXX is managed by Fidelity. It was launched on Dec 15, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFXSX or FDRXX.
Correlation
The correlation between FFXSX and FDRXX is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FFXSX vs. FDRXX - Performance Comparison
Key characteristics
FFXSX:
1.52
FDRXX:
3.21
FFXSX:
0.79%
FDRXX:
0.00%
FFXSX:
2.56%
FDRXX:
1.40%
FFXSX:
-9.71%
FDRXX:
0.00%
FFXSX:
-1.46%
FDRXX:
0.00%
Returns By Period
Over the past 10 years, FFXSX has underperformed FDRXX with an annualized return of 0.86%, while FDRXX has yielded a comparatively higher 1.22% annualized return.
FFXSX
0.10%
0.42%
0.04%
3.27%
0.40%
0.86%
FDRXX
0.00%
0.00%
1.95%
4.53%
2.22%
1.22%
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FFXSX vs. FDRXX - Expense Ratio Comparison
FFXSX has a 0.45% expense ratio, which is higher than FDRXX's 0.38% expense ratio.
Risk-Adjusted Performance
FFXSX vs. FDRXX — Risk-Adjusted Performance Rank
FFXSX
FDRXX
FFXSX vs. FDRXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Limited Term Government Fund (FFXSX) and Fidelity Government Cash Reserves (FDRXX). 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.
Dividends
FFXSX vs. FDRXX - Dividend Comparison
FFXSX's dividend yield for the trailing twelve months is around 2.48%, less than FDRXX's 4.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFXSX Fidelity Limited Term Government Fund | 2.48% | 2.68% | 2.21% | 1.00% | 0.50% | 0.96% | 1.89% | 1.35% | 1.18% | 0.86% | 0.76% | 0.65% |
FDRXX Fidelity Government Cash Reserves | 4.42% | 4.84% | 4.69% | 1.33% | 0.01% | 0.28% | 1.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FFXSX vs. FDRXX - Drawdown Comparison
The maximum FFXSX drawdown since its inception was -9.71%, which is greater than FDRXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for FFXSX and FDRXX. For additional features, visit the drawdowns tool.
Volatility
FFXSX vs. FDRXX - Volatility Comparison
Fidelity Limited Term Government Fund (FFXSX) has a higher volatility of 0.65% compared to Fidelity Government Cash Reserves (FDRXX) at 0.00%. This indicates that FFXSX's price experiences larger fluctuations and is considered to be riskier than FDRXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.