FNBGX vs. EDV
Compare and contrast key facts about Fidelity Long-Term Treasury Bond Index Fund (FNBGX) and Vanguard Extended Duration Treasury ETF (EDV).
FNBGX is managed by Fidelity. It was launched on Dec 20, 2005. EDV is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Treasury STRIPS 20-30 Year Equal Par Bond Index. It was launched on Dec 6, 2007.
Performance
FNBGX vs. EDV - Performance Comparison
Loading graphics...
FNBGX vs. EDV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FNBGX Fidelity Long-Term Treasury Bond Index Fund | -0.35% | 5.30% | -6.18% | 3.20% | -29.89% | -5.17% | 17.58% | 14.24% | -1.62% | 1.86% |
EDV Vanguard Extended Duration Treasury ETF | -0.21% | 0.65% | -12.78% | 1.65% | -39.15% | -6.19% | 23.59% | 18.67% | -3.40% | 3.41% |
Returns By Period
In the year-to-date period, FNBGX achieves a -0.35% return, which is significantly lower than EDV's -0.21% return.
FNBGX
- 1D
- 0.00%
- 1M
- -3.36%
- YTD
- -0.35%
- 6M
- -0.98%
- 1Y
- -0.60%
- 3Y*
- -1.65%
- 5Y*
- -5.04%
- 10Y*
- —
EDV
- 1D
- -0.12%
- 1M
- -4.91%
- YTD
- -0.21%
- 6M
- -3.16%
- 1Y
- -5.58%
- 3Y*
- -6.60%
- 5Y*
- -9.54%
- 10Y*
- -2.99%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FNBGX vs. EDV - Expense Ratio Comparison
FNBGX has a 0.03% expense ratio, which is lower than EDV'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%.
Return for Risk
FNBGX vs. EDV — Risk / Return Rank
FNBGX
EDV
FNBGX vs. EDV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Long-Term Treasury Bond Index Fund (FNBGX) and Vanguard Extended Duration Treasury ETF (EDV). 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.
| FNBGX | EDV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.01 | -0.33 | +0.34 |
Sortino ratioReturn per unit of downside risk | 0.09 | -0.33 | +0.42 |
Omega ratioGain probability vs. loss probability | 1.01 | 0.96 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 0.14 | -0.31 | +0.45 |
Martin ratioReturn relative to average drawdown | 0.30 | -0.60 | +0.90 |
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
| FNBGX | EDV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.01 | -0.33 | +0.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.35 | -0.44 | +0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | -0.15 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.08 | 0.12 | -0.20 |
Correlation
The correlation between FNBGX and EDV is 0.98, 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
FNBGX vs. EDV - Dividend Comparison
FNBGX's dividend yield for the trailing twelve months is around 3.60%, less than EDV's 4.96% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNBGX Fidelity Long-Term Treasury Bond Index Fund | 3.60% | 3.88% | 3.75% | 3.20% | 2.26% | 2.47% | 3.96% | 2.63% | 2.93% | 0.70% | 0.00% | 0.00% |
EDV Vanguard Extended Duration Treasury ETF | 4.96% | 4.94% | 4.65% | 3.81% | 3.28% | 1.95% | 5.54% | 3.51% | 2.90% | 2.92% | 5.32% | 4.24% |
Drawdowns
FNBGX vs. EDV - Drawdown Comparison
The maximum FNBGX drawdown since its inception was -46.86%, smaller than the maximum EDV drawdown of -59.96%. Use the drawdown chart below to compare losses from any high point for FNBGX and EDV.
Loading graphics...
Drawdown Indicators
| FNBGX | EDV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -46.86% | -59.96% | +13.10% |
Max Drawdown (1Y)Largest decline over 1 year | -8.75% | -13.84% | +5.09% |
Max Drawdown (5Y)Largest decline over 5 years | -41.54% | -55.03% | +13.49% |
Max Drawdown (10Y)Largest decline over 10 years | — | -59.96% | — |
Current DrawdownCurrent decline from peak | -37.47% | -54.22% | +16.75% |
Average DrawdownAverage peak-to-trough decline | -21.32% | -23.14% | +1.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.98% | 7.26% | -3.28% |
Volatility
FNBGX vs. EDV - Volatility Comparison
The current volatility for Fidelity Long-Term Treasury Bond Index Fund (FNBGX) is 3.50%, while Vanguard Extended Duration Treasury ETF (EDV) has a volatility of 5.45%. This indicates that FNBGX experiences smaller price fluctuations and is considered to be less risky than EDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FNBGX | EDV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.50% | 5.45% | -1.95% |
Volatility (6M)Calculated over the trailing 6-month period | 6.02% | 9.91% | -3.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.47% | 17.22% | -6.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.61% | 21.62% | -7.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.30% | 19.84% | -5.54% |