FMSFX vs. ZROZ
Compare and contrast key facts about Fidelity Mortgage Securities Fund (FMSFX) and PIMCO 25+ Year Zero Coupon US Treasury Index Fund (ZROZ).
FMSFX is managed by Fidelity. It was launched on Dec 31, 1984. ZROZ is a passively managed fund by PIMCO that tracks the performance of the BofA Merrill Lynch Long Treasury Principal STRIPS Index. It was launched on Oct 30, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FMSFX or ZROZ.
Correlation
The correlation between FMSFX and ZROZ is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FMSFX vs. ZROZ - Performance Comparison
Key characteristics
FMSFX:
0.62
ZROZ:
-0.31
FMSFX:
0.92
ZROZ:
-0.29
FMSFX:
1.11
ZROZ:
0.97
FMSFX:
0.28
ZROZ:
-0.11
FMSFX:
1.55
ZROZ:
-0.63
FMSFX:
2.44%
ZROZ:
10.63%
FMSFX:
6.13%
ZROZ:
21.78%
FMSFX:
-18.94%
ZROZ:
-62.93%
FMSFX:
-8.44%
ZROZ:
-58.74%
Returns By Period
In the year-to-date period, FMSFX achieves a 0.31% return, which is significantly higher than ZROZ's -0.04% return. Over the past 10 years, FMSFX has outperformed ZROZ with an annualized return of 0.76%, while ZROZ has yielded a comparatively lower -2.95% annualized return.
FMSFX
0.31%
0.42%
-1.90%
3.78%
-1.12%
0.76%
ZROZ
-0.04%
1.37%
-16.19%
-6.78%
-12.24%
-2.95%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FMSFX vs. ZROZ - Expense Ratio Comparison
FMSFX has a 0.45% expense ratio, which is higher than ZROZ's 0.15% expense ratio.
Risk-Adjusted Performance
FMSFX vs. ZROZ — Risk-Adjusted Performance Rank
FMSFX
ZROZ
FMSFX vs. ZROZ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Mortgage Securities Fund (FMSFX) and PIMCO 25+ Year Zero Coupon US Treasury Index Fund (ZROZ). 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
FMSFX vs. ZROZ - Dividend Comparison
FMSFX's dividend yield for the trailing twelve months is around 3.85%, less than ZROZ's 4.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMSFX Fidelity Mortgage Securities Fund | 3.85% | 4.13% | 3.50% | 1.90% | 0.47% | 1.54% | 2.63% | 2.57% | 2.61% | 2.34% | 2.31% | 2.52% |
ZROZ PIMCO 25+ Year Zero Coupon US Treasury Index Fund | 4.58% | 4.58% | 3.52% | 2.76% | 1.60% | 1.68% | 2.22% | 2.91% | 2.53% | 3.00% | 2.98% | 2.00% |
Drawdowns
FMSFX vs. ZROZ - Drawdown Comparison
The maximum FMSFX drawdown since its inception was -18.94%, smaller than the maximum ZROZ drawdown of -62.93%. Use the drawdown chart below to compare losses from any high point for FMSFX and ZROZ. For additional features, visit the drawdowns tool.
Volatility
FMSFX vs. ZROZ - Volatility Comparison
The current volatility for Fidelity Mortgage Securities Fund (FMSFX) is 1.50%, while PIMCO 25+ Year Zero Coupon US Treasury Index Fund (ZROZ) has a volatility of 6.44%. This indicates that FMSFX experiences smaller price fluctuations and is considered to be less risky than ZROZ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.