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FGMNX vs. FSTGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FGMNX and FSTGX is 0.01, 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

FGMNX vs. FSTGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity GNMA Fund (FGMNX) and Fidelity Intermediate Government Income Fund (FSTGX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FGMNX:

0.93

FSTGX:

1.56

Sortino Ratio

FGMNX:

1.50

FSTGX:

2.55

Omega Ratio

FGMNX:

1.18

FSTGX:

1.32

Calmar Ratio

FGMNX:

0.53

FSTGX:

0.55

Martin Ratio

FGMNX:

2.52

FSTGX:

4.42

Ulcer Index

FGMNX:

2.17%

FSTGX:

1.28%

Daily Std Dev

FGMNX:

5.50%

FSTGX:

3.47%

Max Drawdown

FGMNX:

-16.62%

FSTGX:

-14.47%

Current Drawdown

FGMNX:

-4.65%

FSTGX:

-4.74%

Returns By Period

In the year-to-date period, FGMNX achieves a 2.11% return, which is significantly lower than FSTGX's 2.27% return. Over the past 10 years, FGMNX has outperformed FSTGX with an annualized return of 0.89%, while FSTGX has yielded a comparatively lower 0.82% annualized return.


FGMNX

YTD

2.11%

1M

-0.10%

6M

1.43%

1Y

5.15%

5Y*

-0.84%

10Y*

0.89%

FSTGX

YTD

2.27%

1M

0.20%

6M

2.33%

1Y

5.43%

5Y*

-0.84%

10Y*

0.82%

*Annualized

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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 Rank

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

FGMNX
The Risk-Adjusted Performance Rank of FGMNX is 7575
Overall Rank
The Sharpe Ratio Rank of FGMNX is 7878
Sharpe Ratio Rank
The Sortino Ratio Rank of FGMNX is 8282
Sortino Ratio Rank
The Omega Ratio Rank of FGMNX is 7878
Omega Ratio Rank
The Calmar Ratio Rank of FGMNX is 6868
Calmar Ratio Rank
The Martin Ratio Rank of FGMNX is 7070
Martin Ratio Rank

FSTGX
The Risk-Adjusted Performance Rank of FSTGX is 8585
Overall Rank
The Sharpe Ratio Rank of FSTGX is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of FSTGX is 9191
Sortino Ratio Rank
The Omega Ratio Rank of FSTGX is 8989
Omega Ratio Rank
The Calmar Ratio Rank of FSTGX is 6969
Calmar Ratio Rank
The Martin Ratio Rank of FSTGX is 8585
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current FGMNX Sharpe Ratio is 0.93, which is lower than the FSTGX Sharpe Ratio of 1.56. The chart below compares the historical Sharpe Ratios of FGMNX and FSTGX, 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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Dividends

FGMNX vs. FSTGX - Dividend Comparison

FGMNX's dividend yield for the trailing twelve months is around 3.53%, more than FSTGX's 2.79% yield.


TTM20242023202220212020201920182017201620152014
FGMNX
Fidelity GNMA Fund
3.53%3.83%3.45%1.99%0.74%1.61%2.46%2.19%2.18%2.08%2.41%2.12%
FSTGX
Fidelity Intermediate Government Income Fund
2.79%2.95%2.11%1.43%0.85%1.19%1.85%1.84%1.47%1.22%1.76%1.25%

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.


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Volatility

FGMNX vs. FSTGX - Volatility Comparison


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