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FIPDX vs. VTAPX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FIPDX and VTAPX is 0.07, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.0
Correlation: 0.1

Performance

FIPDX vs. VTAPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Inflation-Protected Bond Index Fund (FIPDX) and Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX). The values are adjusted to include any dividend payments, if applicable.

18.00%20.00%22.00%24.00%26.00%28.00%30.00%NovemberDecember2025FebruaryMarchApril
22.16%
29.59%
FIPDX
VTAPX

Key characteristics

Sharpe Ratio

FIPDX:

1.44

VTAPX:

4.03

Sortino Ratio

FIPDX:

2.03

VTAPX:

6.50

Omega Ratio

FIPDX:

1.26

VTAPX:

1.93

Calmar Ratio

FIPDX:

0.64

VTAPX:

8.10

Martin Ratio

FIPDX:

4.29

VTAPX:

25.63

Ulcer Index

FIPDX:

1.59%

VTAPX:

0.29%

Daily Std Dev

FIPDX:

4.73%

VTAPX:

1.85%

Max Drawdown

FIPDX:

-14.29%

VTAPX:

-5.33%

Current Drawdown

FIPDX:

-4.39%

VTAPX:

-0.08%

Returns By Period

The year-to-date returns for both investments are quite close, with FIPDX having a 3.26% return and VTAPX slightly higher at 3.41%. Over the past 10 years, FIPDX has underperformed VTAPX with an annualized return of 2.23%, while VTAPX has yielded a comparatively higher 2.75% annualized return.


FIPDX

YTD

3.26%

1M

0.11%

6M

1.84%

1Y

6.93%

5Y*

1.46%

10Y*

2.23%

VTAPX

YTD

3.41%

1M

0.91%

6M

3.68%

1Y

7.39%

5Y*

3.95%

10Y*

2.75%

*Annualized

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FIPDX vs. VTAPX - Expense Ratio Comparison

FIPDX has a 0.05% expense ratio, which is lower than VTAPX's 0.06% 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%.


Expense ratio chart for VTAPX: current value is 0.06%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VTAPX: 0.06%
Expense ratio chart for FIPDX: current value is 0.05%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FIPDX: 0.05%

Risk-Adjusted Performance

FIPDX vs. VTAPX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FIPDX
The Risk-Adjusted Performance Rank of FIPDX is 8383
Overall Rank
The Sharpe Ratio Rank of FIPDX is 8888
Sharpe Ratio Rank
The Sortino Ratio Rank of FIPDX is 8787
Sortino Ratio Rank
The Omega Ratio Rank of FIPDX is 8585
Omega Ratio Rank
The Calmar Ratio Rank of FIPDX is 7575
Calmar Ratio Rank
The Martin Ratio Rank of FIPDX is 8282
Martin Ratio Rank

VTAPX
The Risk-Adjusted Performance Rank of VTAPX is 9898
Overall Rank
The Sharpe Ratio Rank of VTAPX is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of VTAPX is 9898
Sortino Ratio Rank
The Omega Ratio Rank of VTAPX is 9898
Omega Ratio Rank
The Calmar Ratio Rank of VTAPX is 9999
Calmar Ratio Rank
The Martin Ratio Rank of VTAPX is 9898
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FIPDX vs. VTAPX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Inflation-Protected Bond Index Fund (FIPDX) and Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX). 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 chart of Sharpe ratio for FIPDX, currently valued at 1.44, compared to the broader market-1.000.001.002.003.00
FIPDX: 1.44
VTAPX: 4.03
The chart of Sortino ratio for FIPDX, currently valued at 2.03, compared to the broader market-2.000.002.004.006.008.00
FIPDX: 2.03
VTAPX: 6.50
The chart of Omega ratio for FIPDX, currently valued at 1.26, compared to the broader market0.501.001.502.002.503.00
FIPDX: 1.26
VTAPX: 1.93
The chart of Calmar ratio for FIPDX, currently valued at 0.64, compared to the broader market0.002.004.006.008.0010.00
FIPDX: 0.64
VTAPX: 8.10
The chart of Martin ratio for FIPDX, currently valued at 4.29, compared to the broader market0.0010.0020.0030.0040.0050.00
FIPDX: 4.29
VTAPX: 25.63

The current FIPDX Sharpe Ratio is 1.44, which is lower than the VTAPX Sharpe Ratio of 4.03. The chart below compares the historical Sharpe Ratios of FIPDX and VTAPX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
1.44
4.03
FIPDX
VTAPX

Dividends

FIPDX vs. VTAPX - Dividend Comparison

FIPDX's dividend yield for the trailing twelve months is around 3.46%, more than VTAPX's 2.73% yield.


TTM20242023202220212020201920182017201620152014
FIPDX
Fidelity Inflation-Protected Bond Index Fund
3.46%3.75%3.59%8.87%4.76%1.24%1.96%2.31%1.25%1.59%0.38%1.10%
VTAPX
Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares
2.73%2.68%2.84%6.82%4.68%1.19%1.94%2.45%1.52%0.76%0.00%0.82%

Drawdowns

FIPDX vs. VTAPX - Drawdown Comparison

The maximum FIPDX drawdown since its inception was -14.29%, which is greater than VTAPX's maximum drawdown of -5.33%. Use the drawdown chart below to compare losses from any high point for FIPDX and VTAPX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-4.39%
-0.08%
FIPDX
VTAPX

Volatility

FIPDX vs. VTAPX - Volatility Comparison

Fidelity Inflation-Protected Bond Index Fund (FIPDX) has a higher volatility of 2.45% compared to Vanguard Short-Term Inflation-Protected Securities Index Fund Admiral Shares (VTAPX) at 0.95%. This indicates that FIPDX's price experiences larger fluctuations and is considered to be riskier than VTAPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%2.50%NovemberDecember2025FebruaryMarchApril
2.45%
0.95%
FIPDX
VTAPX