FHQFX vs. VGSH
Compare and contrast key facts about Fidelity Series Treasury Bill Index Fund (FHQFX) and Vanguard Short-Term Treasury ETF (VGSH).
FHQFX is managed by Fidelity Investments. It was launched on Aug 28, 2018. VGSH is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 1-3 Year Government Float Adjusted Index. It was launched on Nov 19, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FHQFX or VGSH.
Correlation
The correlation between FHQFX and VGSH is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
FHQFX vs. VGSH - Performance Comparison
Key characteristics
FHQFX:
3.67
VGSH:
3.76
FHQFX:
25.27
VGSH:
6.46
FHQFX:
13.63
VGSH:
1.86
FHQFX:
51.63
VGSH:
6.36
FHQFX:
167.66
VGSH:
18.59
FHQFX:
0.03%
VGSH:
0.33%
FHQFX:
1.41%
VGSH:
1.65%
FHQFX:
-0.20%
VGSH:
-5.70%
FHQFX:
0.00%
VGSH:
-0.03%
Returns By Period
In the year-to-date period, FHQFX achieves a 1.07% return, which is significantly lower than VGSH's 1.99% return.
FHQFX
1.07%
0.36%
2.36%
5.20%
2.60%
N/A
VGSH
1.99%
0.66%
2.49%
6.14%
1.17%
1.48%
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FHQFX vs. VGSH - Expense Ratio Comparison
FHQFX has a 0.00% expense ratio, which is lower than VGSH'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%.
Risk-Adjusted Performance
FHQFX vs. VGSH — Risk-Adjusted Performance Rank
FHQFX
VGSH
FHQFX vs. VGSH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Treasury Bill Index Fund (FHQFX) and Vanguard Short-Term Treasury ETF (VGSH). 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
FHQFX vs. VGSH - Dividend Comparison
FHQFX's dividend yield for the trailing twelve months is around 4.85%, more than VGSH's 4.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FHQFX Fidelity Series Treasury Bill Index Fund | 4.85% | 5.10% | 5.13% | 1.82% | 0.06% | 0.85% | 2.31% | 0.43% | 0.00% | 0.00% | 0.00% | 0.00% |
VGSH Vanguard Short-Term Treasury ETF | 4.16% | 4.19% | 3.32% | 1.15% | 0.66% | 1.75% | 2.28% | 1.79% | 1.10% | 0.84% | 0.71% | 0.46% |
Drawdowns
FHQFX vs. VGSH - Drawdown Comparison
The maximum FHQFX drawdown since its inception was -0.20%, smaller than the maximum VGSH drawdown of -5.70%. Use the drawdown chart below to compare losses from any high point for FHQFX and VGSH. For additional features, visit the drawdowns tool.
Volatility
FHQFX vs. VGSH - Volatility Comparison
The current volatility for Fidelity Series Treasury Bill Index Fund (FHQFX) is 0.36%, while Vanguard Short-Term Treasury ETF (VGSH) has a volatility of 0.63%. This indicates that FHQFX experiences smaller price fluctuations and is considered to be less risky than VGSH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.