FIPDX vs. FSPWX
Compare and contrast key facts about Fidelity Inflation-Protected Bond Index Fund (FIPDX) and Fidelity SAI Inflation-Protected Bond Index Fund (FSPWX).
FIPDX is managed by Fidelity. It was launched on May 16, 2012. FSPWX is a passively managed fund by Fidelity that tracks the performance of the Bloomberg U.S. Treasury Inflation Protected Securities Index. It was launched on Aug 16, 2024.
Performance
FIPDX vs. FSPWX - Performance Comparison
Loading graphics...
FIPDX vs. FSPWX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
FIPDX Fidelity Inflation-Protected Bond Index Fund | 0.33% | 6.90% | -1.41% |
FSPWX Fidelity SAI Inflation-Protected Bond Index Fund | 0.50% | 6.76% | -1.32% |
Returns By Period
In the year-to-date period, FIPDX achieves a 0.33% return, which is significantly lower than FSPWX's 0.50% return.
FIPDX
- 1D
- 0.55%
- 1M
- -1.40%
- YTD
- 0.33%
- 6M
- 0.37%
- 1Y
- 2.97%
- 3Y*
- 3.15%
- 5Y*
- 1.44%
- 10Y*
- 2.58%
FSPWX
- 1D
- 0.70%
- 1M
- -1.27%
- YTD
- 0.50%
- 6M
- 0.41%
- 1Y
- 2.99%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FIPDX vs. FSPWX - Expense Ratio Comparison
Both FIPDX and FSPWX have an expense ratio of 0.05%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Return for Risk
FIPDX vs. FSPWX — Risk / Return Rank
FIPDX
FSPWX
FIPDX vs. FSPWX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Inflation-Protected Bond Index Fund (FIPDX) and Fidelity SAI Inflation-Protected Bond Index Fund (FSPWX). 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.
| FIPDX | FSPWX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.83 | 0.84 | -0.01 |
Sortino ratioReturn per unit of downside risk | 1.17 | 1.17 | -0.01 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.15 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.37 | 1.41 | -0.04 |
Martin ratioReturn relative to average drawdown | 4.30 | 4.38 | -0.08 |
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
| FIPDX | FSPWX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.83 | 0.84 | -0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.24 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.88 | -0.48 |
Correlation
The correlation between FIPDX and FSPWX is 0.95, 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
FIPDX vs. FSPWX - Dividend Comparison
FIPDX's dividend yield for the trailing twelve months is around 4.16%, which matches FSPWX's 4.17% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIPDX Fidelity Inflation-Protected Bond Index Fund | 4.16% | 4.18% | 3.75% | 3.56% | 8.87% | 4.76% | 1.24% | 1.97% | 2.26% | 1.29% | 1.34% | 0.38% |
FSPWX Fidelity SAI Inflation-Protected Bond Index Fund | 4.17% | 4.19% | 0.69% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FIPDX vs. FSPWX - Drawdown Comparison
The maximum FIPDX drawdown since its inception was -14.32%, which is greater than FSPWX's maximum drawdown of -3.84%. Use the drawdown chart below to compare losses from any high point for FIPDX and FSPWX.
Loading graphics...
Drawdown Indicators
| FIPDX | FSPWX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.32% | -3.84% | -10.48% |
Max Drawdown (1Y)Largest decline over 1 year | -2.90% | -2.91% | +0.01% |
Max Drawdown (5Y)Largest decline over 5 years | -14.32% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -14.32% | — | — |
Current DrawdownCurrent decline from peak | -1.40% | -1.27% | -0.13% |
Average DrawdownAverage peak-to-trough decline | -4.52% | -1.04% | -3.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.92% | 0.94% | -0.02% |
Volatility
FIPDX vs. FSPWX - Volatility Comparison
Fidelity Inflation-Protected Bond Index Fund (FIPDX) and Fidelity SAI Inflation-Protected Bond Index Fund (FSPWX) have volatilities of 1.37% and 1.44%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FIPDX | FSPWX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.37% | 1.44% | -0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 2.35% | 2.29% | +0.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.13% | 4.10% | +0.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.99% | 4.17% | +1.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.38% | 4.17% | +1.21% |