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FGOVX vs. FUAMX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FGOVX and FUAMX is 0.96, 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.


-0.50.00.51.01.0

Performance

FGOVX vs. FUAMX - Performance Comparison

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

2.00%4.00%6.00%8.00%10.00%AugustSeptemberOctoberNovemberDecember2025
3.61%
4.06%
FGOVX
FUAMX

Key characteristics

Sharpe Ratio

FGOVX:

0.55

FUAMX:

0.35

Sortino Ratio

FGOVX:

0.82

FUAMX:

0.53

Omega Ratio

FGOVX:

1.10

FUAMX:

1.06

Calmar Ratio

FGOVX:

0.20

FUAMX:

0.12

Martin Ratio

FGOVX:

1.33

FUAMX:

0.77

Ulcer Index

FGOVX:

2.30%

FUAMX:

2.72%

Daily Std Dev

FGOVX:

5.50%

FUAMX:

5.90%

Max Drawdown

FGOVX:

-19.87%

FUAMX:

-20.82%

Current Drawdown

FGOVX:

-11.22%

FUAMX:

-13.18%

Returns By Period

In the year-to-date period, FGOVX achieves a -0.22% return, which is significantly lower than FUAMX's -0.11% return.


FGOVX

YTD

-0.22%

1M

0.16%

6M

0.94%

1Y

3.07%

5Y*

-0.84%

10Y*

0.52%

FUAMX

YTD

-0.11%

1M

0.26%

6M

0.26%

1Y

2.29%

5Y*

-0.93%

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FGOVX vs. FUAMX - Expense Ratio Comparison

FGOVX has a 0.45% expense ratio, which is higher than FUAMX's 0.03% expense ratio.


FGOVX
Fidelity Government Income Fund
Expense ratio chart for FGOVX: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%
Expense ratio chart for FUAMX: current value at 0.03% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.03%

Risk-Adjusted Performance

FGOVX vs. FUAMX — Risk-Adjusted Performance Rank

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

FGOVX
The Risk-Adjusted Performance Rank of FGOVX is 1919
Overall Rank
The Sharpe Ratio Rank of FGOVX is 2222
Sharpe Ratio Rank
The Sortino Ratio Rank of FGOVX is 2323
Sortino Ratio Rank
The Omega Ratio Rank of FGOVX is 1919
Omega Ratio Rank
The Calmar Ratio Rank of FGOVX is 1414
Calmar Ratio Rank
The Martin Ratio Rank of FGOVX is 1717
Martin Ratio Rank

FUAMX
The Risk-Adjusted Performance Rank of FUAMX is 1111
Overall Rank
The Sharpe Ratio Rank of FUAMX is 1313
Sharpe Ratio Rank
The Sortino Ratio Rank of FUAMX is 1313
Sortino Ratio Rank
The Omega Ratio Rank of FUAMX is 1111
Omega Ratio Rank
The Calmar Ratio Rank of FUAMX is 1010
Calmar Ratio Rank
The Martin Ratio Rank of FUAMX is 1010
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.

FGOVX vs. FUAMX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Government Income Fund (FGOVX) and Fidelity Intermediate Treasury Bond Index Fund (FUAMX). 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.


Sharpe ratio
The chart of Sharpe ratio for FGOVX, currently valued at 0.55, compared to the broader market-1.000.001.002.003.004.000.550.39
The chart of Sortino ratio for FGOVX, currently valued at 0.82, compared to the broader market0.005.0010.000.820.58
The chart of Omega ratio for FGOVX, currently valued at 1.10, compared to the broader market1.002.003.004.001.101.07
The chart of Calmar ratio for FGOVX, currently valued at 0.20, compared to the broader market0.005.0010.0015.0020.000.200.13
The chart of Martin ratio for FGOVX, currently valued at 1.33, compared to the broader market0.0020.0040.0060.0080.001.330.84
FGOVX
FUAMX

The current FGOVX Sharpe Ratio is 0.55, which is higher than the FUAMX Sharpe Ratio of 0.35. The chart below compares the historical Sharpe Ratios of FGOVX and FUAMX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.000.501.001.502.00AugustSeptemberOctoberNovemberDecember2025
0.55
0.39
FGOVX
FUAMX

Dividends

FGOVX vs. FUAMX - Dividend Comparison

FGOVX's dividend yield for the trailing twelve months is around 4.87%, more than FUAMX's 4.34% yield.


TTM20242023202220212020201920182017201620152014
FGOVX
Fidelity Government Income Fund
4.87%4.86%3.21%1.94%0.75%1.11%2.09%2.41%1.80%1.64%2.45%1.89%
FUAMX
Fidelity Intermediate Treasury Bond Index Fund
4.34%4.33%2.76%2.05%1.34%1.60%2.17%2.41%0.49%0.00%0.00%0.00%

Drawdowns

FGOVX vs. FUAMX - Drawdown Comparison

The maximum FGOVX drawdown since its inception was -19.87%, roughly equal to the maximum FUAMX drawdown of -20.82%. Use the drawdown chart below to compare losses from any high point for FGOVX and FUAMX. For additional features, visit the drawdowns tool.


-14.00%-13.00%-12.00%-11.00%-10.00%-9.00%-8.00%AugustSeptemberOctoberNovemberDecember2025
-11.22%
-13.18%
FGOVX
FUAMX

Volatility

FGOVX vs. FUAMX - Volatility Comparison

The current volatility for Fidelity Government Income Fund (FGOVX) is 1.45%, while Fidelity Intermediate Treasury Bond Index Fund (FUAMX) has a volatility of 1.71%. This indicates that FGOVX experiences smaller price fluctuations and is considered to be less risky than FUAMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.20%1.40%1.60%1.80%2.00%2.20%AugustSeptemberOctoberNovemberDecember2025
1.45%
1.71%
FGOVX
FUAMX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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