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FGOVX vs. FBGRX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FGOVX vs. FBGRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Government Income Fund (FGOVX) and Fidelity Blue Chip Growth Fund (FBGRX). The values are adjusted to include any dividend payments, if applicable.

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FGOVX vs. FBGRX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FGOVX
Fidelity Government Income Fund
-0.13%6.57%0.09%4.23%-13.09%-2.25%6.79%6.41%0.63%2.22%
FBGRX
Fidelity Blue Chip Growth Fund
-7.12%19.91%39.77%55.61%-38.45%22.64%62.20%33.43%1.02%36.01%

Returns By Period

In the year-to-date period, FGOVX achieves a -0.13% return, which is significantly higher than FBGRX's -7.12% return. Over the past 10 years, FGOVX has underperformed FBGRX with an annualized return of 0.81%, while FBGRX has yielded a comparatively higher 19.08% annualized return.


FGOVX

1D
0.11%
1M
-1.50%
YTD
-0.13%
6M
0.55%
1Y
3.06%
3Y*
2.54%
5Y*
-0.49%
10Y*
0.81%

FBGRX

1D
4.54%
1M
-5.07%
YTD
-7.12%
6M
-4.04%
1Y
26.78%
3Y*
26.54%
5Y*
11.74%
10Y*
19.08%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FGOVX vs. FBGRX - Expense Ratio Comparison

FGOVX has a 0.45% expense ratio, which is lower than FBGRX's 0.79% expense ratio.


Return for Risk

FGOVX vs. FBGRX — Risk / Return Rank

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

FGOVX
FGOVX Risk / Return Rank: 3434
Overall Rank
FGOVX Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
FGOVX Sortino Ratio Rank: 3131
Sortino Ratio Rank
FGOVX Omega Ratio Rank: 2323
Omega Ratio Rank
FGOVX Calmar Ratio Rank: 5454
Calmar Ratio Rank
FGOVX Martin Ratio Rank: 3232
Martin Ratio Rank

FBGRX
FBGRX Risk / Return Rank: 7171
Overall Rank
FBGRX Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
FBGRX Sortino Ratio Rank: 6767
Sortino Ratio Rank
FBGRX Omega Ratio Rank: 6464
Omega Ratio Rank
FBGRX Calmar Ratio Rank: 8282
Calmar Ratio Rank
FBGRX Martin Ratio Rank: 8080
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.

FGOVX vs. FBGRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Government Income Fund (FGOVX) and Fidelity Blue Chip Growth Fund (FBGRX). 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.


FGOVXFBGRXDifference

Sharpe ratio

Return per unit of total volatility

0.80

1.13

-0.33

Sortino ratio

Return per unit of downside risk

1.16

1.73

-0.57

Omega ratio

Gain probability vs. loss probability

1.14

1.25

-0.11

Calmar ratio

Return relative to maximum drawdown

1.37

2.00

-0.63

Martin ratio

Return relative to average drawdown

3.62

7.92

-4.30

FGOVX vs. FBGRX - Sharpe Ratio Comparison

The current FGOVX Sharpe Ratio is 0.80, which is comparable to the FBGRX Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of FGOVX and FBGRX, 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


FGOVXFBGRXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.80

1.13

-0.33

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.08

0.47

-0.56

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.16

0.81

-0.65

Sharpe Ratio (All Time)

Calculated using the full available price history

0.71

0.65

+0.07

Correlation

The correlation between FGOVX and FBGRX is -0.06. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Dividends

FGOVX vs. FBGRX - Dividend Comparison

FGOVX's dividend yield for the trailing twelve months is around 3.13%, more than FBGRX's 2.05% yield.


TTM20252024202320222021202020192018201720162015
FGOVX
Fidelity Government Income Fund
3.13%3.37%3.20%2.57%1.13%0.60%2.39%2.10%2.08%1.81%2.69%2.25%
FBGRX
Fidelity Blue Chip Growth Fund
2.05%1.90%5.95%0.93%0.57%8.73%6.40%3.70%6.32%4.23%4.05%5.30%

Drawdowns

FGOVX vs. FBGRX - Drawdown Comparison

The maximum FGOVX drawdown since its inception was -19.93%, smaller than the maximum FBGRX drawdown of -58.64%. Use the drawdown chart below to compare losses from any high point for FGOVX and FBGRX.


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Drawdown Indicators


FGOVXFBGRXDifference

Max Drawdown

Largest peak-to-trough decline

-19.93%

-58.64%

+38.71%

Max Drawdown (1Y)

Largest decline over 1 year

-2.86%

-13.89%

+11.03%

Max Drawdown (5Y)

Largest decline over 5 years

-18.00%

-43.08%

+25.08%

Max Drawdown (10Y)

Largest decline over 10 years

-19.93%

-43.08%

+23.15%

Current Drawdown

Current decline from peak

-7.12%

-8.68%

+1.56%

Average Drawdown

Average peak-to-trough decline

-3.92%

-12.58%

+8.66%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.08%

3.51%

-2.43%

Volatility

FGOVX vs. FBGRX - Volatility Comparison

The current volatility for Fidelity Government Income Fund (FGOVX) is 1.50%, while Fidelity Blue Chip Growth Fund (FBGRX) has a volatility of 7.83%. This indicates that FGOVX experiences smaller price fluctuations and is considered to be less risky than FBGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FGOVXFBGRXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.50%

7.83%

-6.33%

Volatility (6M)

Calculated over the trailing 6-month period

2.56%

14.08%

-11.52%

Volatility (1Y)

Calculated over the trailing 1-year period

4.32%

24.98%

-20.66%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.06%

24.93%

-18.87%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.03%

23.63%

-18.60%