FHQFX vs. SHY

In the year-to-date period, FHQFX achieves a 1.07% return, which is significantly lower than SHY's 1.96% return.

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FHQFX has a 0.00% expense ratio, which is lower than SHY's 0.15% 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%.

This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Treasury Bill Index Fund (FHQFX) and iShares 1-3 Year Treasury Bond ETF (SHY). 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.

The current FHQFX Sharpe Ratio is 3.67, which is comparable to the SHY Sharpe Ratio of 3.72. The chart below compares the historical Sharpe Ratios of FHQFX and SHY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

FHQFX's dividend yield for the trailing twelve months is around 4.85%, more than SHY's 3.94% yield.

The maximum FHQFX drawdown since its inception was -0.20%, smaller than the maximum SHY drawdown of -5.73%. Use the drawdown chart below to compare losses from any high point for FHQFX and SHY. For additional features, visit the drawdowns tool.

The current volatility for Fidelity Series Treasury Bill Index Fund (FHQFX) is 0.36%, while iShares 1-3 Year Treasury Bond ETF (SHY) has a volatility of 0.56%. This indicates that FHQFX experiences smaller price fluctuations and is considered to be less risky than SHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.