FGOVX vs. VFITX
Compare and contrast key facts about Fidelity Government Income Fund (FGOVX) and Vanguard Intermediate-Term Treasury Fund Investor Shares (VFITX).
FGOVX is managed by Fidelity. It was launched on Apr 4, 1979. VFITX is managed by Vanguard. It was launched on Oct 28, 1991.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FGOVX or VFITX.
Correlation
The correlation between FGOVX and VFITX is 0.93, 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. VFITX - Performance Comparison
Key characteristics
FGOVX:
0.10
VFITX:
0.30
FGOVX:
0.17
VFITX:
0.46
FGOVX:
1.02
VFITX:
1.06
FGOVX:
0.03
VFITX:
0.10
FGOVX:
0.25
VFITX:
0.78
FGOVX:
2.14%
VFITX:
2.00%
FGOVX:
5.62%
VFITX:
5.13%
FGOVX:
-20.53%
VFITX:
-18.61%
FGOVX:
-13.37%
VFITX:
-12.03%
Returns By Period
In the year-to-date period, FGOVX achieves a 0.33% return, which is significantly lower than VFITX's 0.73% return. Over the past 10 years, FGOVX has underperformed VFITX with an annualized return of 0.37%, while VFITX has yielded a comparatively higher 0.51% annualized return.
FGOVX
0.33%
-0.61%
0.24%
0.86%
-1.20%
0.37%
VFITX
0.73%
-0.51%
0.71%
1.45%
-0.85%
0.51%
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FGOVX vs. VFITX - Expense Ratio Comparison
FGOVX has a 0.45% expense ratio, which is higher than VFITX's 0.20% expense ratio.
Risk-Adjusted Performance
FGOVX vs. VFITX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Government Income Fund (FGOVX) and Vanguard Intermediate-Term Treasury Fund Investor Shares (VFITX). 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. VFITX - Dividend Comparison
FGOVX's dividend yield for the trailing twelve months is around 3.32%, less than VFITX's 3.71% 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% |
VFITX Vanguard Intermediate-Term Treasury Fund Investor Shares | 3.71% | 3.44% | 1.97% | 0.94% | 1.18% | 2.32% | 2.34% | 1.77% | 1.61% | 1.69% | 1.64% | 1.52% |
Drawdowns
FGOVX vs. VFITX - Drawdown Comparison
The maximum FGOVX drawdown since its inception was -20.53%, which is greater than VFITX's maximum drawdown of -18.61%. Use the drawdown chart below to compare losses from any high point for FGOVX and VFITX. For additional features, visit the drawdowns tool.
Volatility
FGOVX vs. VFITX - Volatility Comparison
Fidelity Government Income Fund (FGOVX) has a higher volatility of 1.75% compared to Vanguard Intermediate-Term Treasury Fund Investor Shares (VFITX) at 1.31%. This indicates that FGOVX's price experiences larger fluctuations and is considered to be riskier than VFITX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.