FGMNX vs. FTHRX
Compare and contrast key facts about Fidelity GNMA Fund (FGMNX) and Fidelity Intermediate Bond Fund (FTHRX).
FGMNX is managed by Fidelity. It was launched on Nov 8, 1985. FTHRX is managed by Fidelity. It was launched on May 23, 1975.
Performance
FGMNX vs. FTHRX - Performance Comparison
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FGMNX vs. FTHRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FGMNX Fidelity GNMA Fund | 0.46% | 7.89% | 0.43% | 5.46% | -11.52% | -1.03% | 3.74% | 5.72% | 0.62% | 1.74% |
FTHRX Fidelity Intermediate Bond Fund | -0.39% | 6.89% | 3.25% | 5.55% | -9.17% | -1.60% | 7.06% | 7.20% | 0.52% | 2.31% |
Returns By Period
In the year-to-date period, FGMNX achieves a 0.46% return, which is significantly higher than FTHRX's -0.39% return. Over the past 10 years, FGMNX has underperformed FTHRX with an annualized return of 1.22%, while FTHRX has yielded a comparatively higher 2.08% annualized return.
FGMNX
- 1D
- 0.19%
- 1M
- -1.33%
- YTD
- 0.46%
- 6M
- 1.56%
- 1Y
- 4.70%
- 3Y*
- 3.76%
- 5Y*
- 0.19%
- 10Y*
- 1.22%
FTHRX
- 1D
- 0.10%
- 1M
- -1.25%
- YTD
- -0.39%
- 6M
- 0.46%
- 1Y
- 3.79%
- 3Y*
- 4.26%
- 5Y*
- 1.11%
- 10Y*
- 2.08%
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FGMNX vs. FTHRX - Expense Ratio Comparison
Both FGMNX and FTHRX have an expense ratio of 0.45%.
Return for Risk
FGMNX vs. FTHRX — Risk / Return Rank
FGMNX
FTHRX
FGMNX vs. FTHRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity GNMA Fund (FGMNX) and Fidelity Intermediate Bond Fund (FTHRX). 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.
| FGMNX | FTHRX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.17 | 1.31 | -0.14 |
Sortino ratioReturn per unit of downside risk | 1.69 | 1.96 | -0.27 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.24 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.94 | 2.10 | -0.16 |
Martin ratioReturn relative to average drawdown | 5.55 | 7.38 | -1.83 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FGMNX | FTHRX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.17 | 1.31 | -0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.03 | 0.28 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.26 | 0.62 | -0.35 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.04 | 0.91 | +0.12 |
Correlation
The correlation between FGMNX and FTHRX 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.
Dividends
FGMNX vs. FTHRX - Dividend Comparison
FGMNX's dividend yield for the trailing twelve months is around 3.30%, less than FTHRX's 3.34% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGMNX Fidelity GNMA Fund | 3.30% | 3.61% | 3.23% | 3.45% | 1.68% | 0.76% | 1.61% | 2.46% | 2.19% | 2.17% | 2.61% | 2.25% |
FTHRX Fidelity Intermediate Bond Fund | 3.34% | 3.59% | 3.49% | 2.94% | 1.55% | 1.53% | 4.16% | 2.49% | 2.48% | 2.20% | 2.63% | 2.13% |
Drawdowns
FGMNX vs. FTHRX - Drawdown Comparison
The maximum FGMNX drawdown since its inception was -16.84%, smaller than the maximum FTHRX drawdown of -19.01%. Use the drawdown chart below to compare losses from any high point for FGMNX and FTHRX.
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Drawdown Indicators
| FGMNX | FTHRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.84% | -19.01% | +2.17% |
Max Drawdown (1Y)Largest decline over 1 year | -2.91% | -2.11% | -0.80% |
Max Drawdown (5Y)Largest decline over 5 years | -16.62% | -13.18% | -3.44% |
Max Drawdown (10Y)Largest decline over 10 years | -16.84% | -13.25% | -3.59% |
Current DrawdownCurrent decline from peak | -1.71% | -1.63% | -0.08% |
Average DrawdownAverage peak-to-trough decline | -1.91% | -3.07% | +1.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.02% | 0.60% | +0.42% |
Volatility
FGMNX vs. FTHRX - Volatility Comparison
Fidelity GNMA Fund (FGMNX) has a higher volatility of 1.50% compared to Fidelity Intermediate Bond Fund (FTHRX) at 1.08%. This indicates that FGMNX's price experiences larger fluctuations and is considered to be riskier than FTHRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FGMNX | FTHRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.50% | 1.08% | +0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 2.49% | 1.83% | +0.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.41% | 3.08% | +1.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.21% | 4.00% | +2.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.65% | 3.39% | +1.26% |