FGOVX vs. FUAMX
Compare and contrast key facts about Fidelity Government Income Fund (FGOVX) and Fidelity Intermediate Treasury Bond Index Fund (FUAMX).
FGOVX is managed by Fidelity. It was launched on Apr 4, 1979. FUAMX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FGOVX or FUAMX.
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.
Performance
FGOVX vs. FUAMX - Performance Comparison
Key characteristics
FGOVX:
0.10
FUAMX:
-0.03
FGOVX:
0.17
FUAMX:
0.00
FGOVX:
1.02
FUAMX:
1.00
FGOVX:
0.03
FUAMX:
-0.01
FGOVX:
0.25
FUAMX:
-0.07
FGOVX:
2.14%
FUAMX:
2.47%
FGOVX:
5.62%
FUAMX:
6.00%
FGOVX:
-20.53%
FUAMX:
-21.35%
FGOVX:
-13.37%
FUAMX:
-15.33%
Returns By Period
In the year-to-date period, FGOVX achieves a 0.33% return, which is significantly higher than FUAMX's -0.28% return.
FGOVX
0.33%
-0.61%
0.24%
0.86%
-1.20%
0.37%
FUAMX
-0.28%
-1.15%
-0.23%
0.03%
-1.25%
N/A
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FGOVX vs. FUAMX - Expense Ratio Comparison
FGOVX has a 0.45% expense ratio, which is higher than FUAMX's 0.03% expense ratio.
Risk-Adjusted Performance
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.
Dividends
FGOVX vs. FUAMX - Dividend Comparison
FGOVX's dividend yield for the trailing twelve months is around 3.32%, more than FUAMX's 2.68% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGOVX Fidelity Government Income Fund | 3.32% | 2.57% | 1.52% | 0.75% | 1.11% | 2.09% | 2.07% | 1.80% | 1.64% | 2.45% | 1.89% | 1.47% |
FUAMX Fidelity Intermediate Treasury Bond Index Fund | 2.68% | 2.19% | 1.64% | 1.34% | 1.60% | 2.17% | 2.23% | 0.49% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FGOVX vs. FUAMX - Drawdown Comparison
The maximum FGOVX drawdown since its inception was -20.53%, roughly equal to the maximum FUAMX drawdown of -21.35%. Use the drawdown chart below to compare losses from any high point for FGOVX and FUAMX. For additional features, visit the drawdowns tool.
Volatility
FGOVX vs. FUAMX - Volatility Comparison
The current volatility for Fidelity Government Income Fund (FGOVX) is 1.75%, while Fidelity Intermediate Treasury Bond Index Fund (FUAMX) has a volatility of 1.98%. 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.