FHNFX vs. VGIT
Compare and contrast key facts about Fidelity Series Government Bond Index Fund (FHNFX) and Vanguard Intermediate-Term Treasury ETF (VGIT).
FHNFX is managed by Fidelity. It was launched on Aug 17, 2018. VGIT is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 3-10 Year Government Float Adjusted Index. It was launched on Nov 19, 2009.
Performance
FHNFX vs. VGIT - Performance Comparison
Loading graphics...
FHNFX vs. VGIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FHNFX Fidelity Series Government Bond Index Fund | -0.27% | 7.52% | 1.03% | 4.03% | -12.72% | -2.54% | 7.50% | 6.82% | 1.65% |
VGIT Vanguard Intermediate-Term Treasury ETF | -0.03% | 7.34% | 1.39% | 4.28% | -10.53% | -2.64% | 7.71% | 6.19% | 2.24% |
Returns By Period
In the year-to-date period, FHNFX achieves a -0.27% return, which is significantly lower than VGIT's -0.03% return.
FHNFX
- 1D
- 0.55%
- 1M
- -2.04%
- YTD
- -0.27%
- 6M
- 0.46%
- 1Y
- 3.24%
- 3Y*
- 2.96%
- 5Y*
- 0.03%
- 10Y*
- —
VGIT
- 1D
- 0.20%
- 1M
- -1.66%
- YTD
- -0.03%
- 6M
- 1.07%
- 1Y
- 4.13%
- 3Y*
- 3.29%
- 5Y*
- 0.32%
- 10Y*
- 1.32%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FHNFX vs. VGIT - Expense Ratio Comparison
FHNFX has a 0.00% expense ratio, which is lower than VGIT's 0.04% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
FHNFX vs. VGIT — Risk / Return Rank
FHNFX
VGIT
FHNFX vs. VGIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Government Bond Index Fund (FHNFX) and Vanguard Intermediate-Term Treasury ETF (VGIT). 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.
| FHNFX | VGIT | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.97 | 1.09 | -0.12 |
Sortino ratioReturn per unit of downside risk | 1.45 | 1.63 | -0.18 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.19 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.83 | 1.78 | +0.05 |
Martin ratioReturn relative to average drawdown | 4.93 | 5.53 | -0.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FHNFX | VGIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | 1.09 | -0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.01 | 0.06 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.29 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.50 | -0.23 |
Correlation
The correlation between FHNFX and VGIT is 0.94, 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
FHNFX vs. VGIT - Dividend Comparison
FHNFX's dividend yield for the trailing twelve months is around 3.76%, less than VGIT's 3.81% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHNFX Fidelity Series Government Bond Index Fund | 3.76% | 4.91% | 3.69% | 2.50% | 1.30% | 0.86% | 2.69% | 2.78% | 1.02% | 0.00% | 0.00% | 0.00% |
VGIT Vanguard Intermediate-Term Treasury ETF | 3.81% | 3.79% | 3.67% | 2.73% | 1.74% | 1.69% | 2.23% | 2.24% | 2.05% | 1.67% | 1.69% | 1.69% |
Drawdowns
FHNFX vs. VGIT - Drawdown Comparison
The maximum FHNFX drawdown since its inception was -19.42%, which is greater than VGIT's maximum drawdown of -16.05%. Use the drawdown chart below to compare losses from any high point for FHNFX and VGIT.
Loading graphics...
Drawdown Indicators
| FHNFX | VGIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.42% | -16.05% | -3.37% |
Max Drawdown (1Y)Largest decline over 1 year | -2.57% | -2.42% | -0.15% |
Max Drawdown (5Y)Largest decline over 5 years | -16.71% | -15.02% | -1.69% |
Max Drawdown (10Y)Largest decline over 10 years | — | -16.05% | — |
Current DrawdownCurrent decline from peak | -6.28% | -1.97% | -4.31% |
Average DrawdownAverage peak-to-trough decline | -7.76% | -3.54% | -4.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 0.78% | +0.17% |
Volatility
FHNFX vs. VGIT - Volatility Comparison
Fidelity Series Government Bond Index Fund (FHNFX) has a higher volatility of 1.41% compared to Vanguard Intermediate-Term Treasury ETF (VGIT) at 1.33%. This indicates that FHNFX's price experiences larger fluctuations and is considered to be riskier than VGIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FHNFX | VGIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.41% | 1.33% | +0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 2.55% | 2.28% | +0.27% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.29% | 3.81% | +0.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.75% | 5.36% | +0.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.46% | 4.50% | +0.96% |