FGMNX vs. FSTGX
Compare and contrast key facts about Fidelity GNMA Fund (FGMNX) and Fidelity Intermediate Government Income Fund (FSTGX).
FGMNX is managed by Fidelity. It was launched on Nov 8, 1985. FSTGX is managed by Fidelity. It was launched on May 2, 1988.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FGMNX or FSTGX.
Correlation
The correlation between FGMNX and FSTGX is 0.82, 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.
Performance
FGMNX vs. FSTGX - Performance Comparison
Key characteristics
FGMNX:
0.12
FSTGX:
0.52
FGMNX:
0.20
FSTGX:
0.77
FGMNX:
1.02
FSTGX:
1.10
FGMNX:
0.06
FSTGX:
0.18
FGMNX:
0.33
FSTGX:
1.48
FGMNX:
2.06%
FSTGX:
1.30%
FGMNX:
5.86%
FSTGX:
3.65%
FGMNX:
-16.62%
FSTGX:
-14.47%
FGMNX:
-7.48%
FSTGX:
-7.46%
Returns By Period
In the year-to-date period, FGMNX achieves a 0.39% return, which is significantly lower than FSTGX's 1.81% return. Over the past 10 years, FGMNX has outperformed FSTGX with an annualized return of 0.67%, while FSTGX has yielded a comparatively lower 0.60% annualized return.
FGMNX
0.39%
-0.89%
0.41%
0.89%
-0.70%
0.67%
FSTGX
1.81%
-0.62%
1.08%
1.88%
-0.29%
0.60%
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FGMNX vs. FSTGX - Expense Ratio Comparison
Both FGMNX and FSTGX have an expense ratio of 0.45%.
Risk-Adjusted Performance
FGMNX vs. FSTGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity GNMA Fund (FGMNX) and Fidelity Intermediate Government Income Fund (FSTGX). 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
FGMNX vs. FSTGX - Dividend Comparison
FGMNX's dividend yield for the trailing twelve months is around 3.30%, more than FSTGX's 2.80% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGMNX Fidelity GNMA Fund | 3.30% | 3.45% | 1.99% | 0.74% | 1.61% | 2.46% | 2.19% | 2.18% | 2.08% | 2.41% | 2.12% | 2.48% |
FSTGX Fidelity Intermediate Government Income Fund | 2.80% | 2.11% | 1.43% | 0.85% | 1.19% | 1.85% | 1.84% | 1.47% | 1.22% | 1.76% | 1.25% | 1.65% |
Drawdowns
FGMNX vs. FSTGX - Drawdown Comparison
The maximum FGMNX drawdown since its inception was -16.62%, which is greater than FSTGX's maximum drawdown of -14.47%. Use the drawdown chart below to compare losses from any high point for FGMNX and FSTGX. For additional features, visit the drawdowns tool.
Volatility
FGMNX vs. FSTGX - Volatility Comparison
Fidelity GNMA Fund (FGMNX) has a higher volatility of 1.61% compared to Fidelity Intermediate Government Income Fund (FSTGX) at 1.01%. This indicates that FGMNX's price experiences larger fluctuations and is considered to be riskier than FSTGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.