FIPEX vs. FFNYX
FIPEX (Fidelity Advisor 529 Inflation-Protected Bond Portfolio Class A) and FFNYX (Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund) are both Inflation-Protected Bonds funds from Fidelity. Their 0.69 correlation means they have sometimes moved together and sometimes differently.
Performance
FIPEX vs. FFNYX - Performance Comparison
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Returns By Period
FIPEX
- 1D
- -0.10%
- 1M
- -0.44%
- 6M
- -0.05%
- YTD
- 0.34%
- 1Y
- 2.20%
- 3Y*
- 3.30%
- 5Y*
- -0.03%
- 10Y*
- —
- ALL TIME*
- 2.26%
FFNYX
- 1D
- 0.00%
- 1M
- -0.99%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FIPEX vs. FFNYX - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
FIPEX Fidelity Advisor 529 Inflation-Protected Bond Portfolio Class A | -0.24% |
FFNYX Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund | -0.55% |
Correlation
The correlation between FIPEX and FFNYX is 0.69, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 16, 2026 | 0.69 |
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Return for Risk
FIPEX vs. FFNYX — Risk / Return Rank
FIPEX
FFNYX
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
FIPEX vs. FFNYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor 529 Inflation-Protected Bond Portfolio Class A (FIPEX) and Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund (FFNYX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FIPEX | FFNYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.12 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.30 | — | — |
| Martin ratioReturn relative to average drawdown | 3.10 | — | — |
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Drawdowns
FIPEX vs. FFNYX - Drawdown Comparison
The maximum FIPEX drawdown since its inception was -14.81%, which is greater than FFNYX's maximum drawdown of -1.86%. Use the drawdown chart below to compare losses from any high point for FIPEX and FFNYX.
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Drawdown Indicators
| FIPEX | FFNYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -14.81% | -1.86% | -12.95% |
Max Drawdown (1Y)Largest decline over 1 year | -1.74% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -4.04% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -14.81% | — | — |
Current DrawdownCurrent decline from peak | -2.01% | -1.57% | -0.44% |
Average DrawdownAverage peak-to-trough decline | -4.02% | -0.48% | -3.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.71% | — | — |
Volatility
FIPEX vs. FFNYX - Volatility Comparison
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Volatility by Period
| FIPEX | FFNYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.77% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.47% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.51% | 2.94% | +0.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.11% | 2.94% | +3.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.45% | 2.94% | +2.51% |
Dividends
FIPEX vs. FFNYX - Dividend Comparison
FIPEX has not paid dividends to shareholders, while FFNYX's dividend yield for the trailing twelve months is around 0.04%.
| Position | TTM |
|---|---|
FFNYX Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund | 0.04% |
FIPEX Fidelity Advisor 529 Inflation-Protected Bond Portfolio Class A | 0.00% |
Frequently Asked Questions
FIPEX and FFNYX have a correlation of 0.69, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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