FSHBX vs. GSSRX
Compare and contrast key facts about Fidelity Short-Term Bond Fund (FSHBX) and Goldman Sachs Short Duration Bond Fund (GSSRX).
FSHBX is managed by Fidelity. It was launched on Sep 15, 1986. GSSRX is managed by Goldman Sachs. It was launched on Feb 29, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSHBX or GSSRX.
Correlation
The correlation between FSHBX and GSSRX is 0.64, 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
FSHBX vs. GSSRX - Performance Comparison
Key characteristics
FSHBX:
2.94
GSSRX:
2.74
FSHBX:
5.20
GSSRX:
4.75
FSHBX:
1.81
GSSRX:
1.67
FSHBX:
6.21
GSSRX:
5.31
FSHBX:
18.54
GSSRX:
15.05
FSHBX:
0.31%
GSSRX:
0.40%
FSHBX:
1.99%
GSSRX:
2.17%
FSHBX:
-6.54%
GSSRX:
-8.54%
FSHBX:
0.00%
GSSRX:
-0.10%
Returns By Period
The year-to-date returns for both stocks are quite close, with FSHBX having a 1.51% return and GSSRX slightly lower at 1.50%. Over the past 10 years, FSHBX has underperformed GSSRX with an annualized return of 1.76%, while GSSRX has yielded a comparatively higher 2.20% annualized return.
FSHBX
1.51%
0.24%
1.62%
5.70%
1.97%
1.76%
GSSRX
1.50%
-0.10%
1.58%
5.96%
2.83%
2.20%
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FSHBX vs. GSSRX - Expense Ratio Comparison
FSHBX has a 0.45% expense ratio, which is lower than GSSRX's 0.48% expense ratio.
Risk-Adjusted Performance
FSHBX vs. GSSRX — Risk-Adjusted Performance Rank
FSHBX
GSSRX
FSHBX vs. GSSRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Short-Term Bond Fund (FSHBX) and Goldman Sachs Short Duration Bond Fund (GSSRX). 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
FSHBX vs. GSSRX - Dividend Comparison
FSHBX's dividend yield for the trailing twelve months is around 3.72%, more than GSSRX's 3.67% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSHBX Fidelity Short-Term Bond Fund | 3.72% | 4.01% | 3.00% | 1.15% | 0.94% | 2.06% | 2.13% | 1.78% | 1.28% | 1.00% | 1.02% | 0.92% |
GSSRX Goldman Sachs Short Duration Bond Fund | 3.67% | 3.93% | 3.15% | 2.18% | 1.36% | 2.16% | 2.86% | 2.55% | 2.21% | 2.08% | 2.43% | 1.61% |
Drawdowns
FSHBX vs. GSSRX - Drawdown Comparison
The maximum FSHBX drawdown since its inception was -6.54%, smaller than the maximum GSSRX drawdown of -8.54%. Use the drawdown chart below to compare losses from any high point for FSHBX and GSSRX. For additional features, visit the drawdowns tool.
Volatility
FSHBX vs. GSSRX - Volatility Comparison
Fidelity Short-Term Bond Fund (FSHBX) has a higher volatility of 0.52% compared to Goldman Sachs Short Duration Bond Fund (GSSRX) at 0.33%. This indicates that FSHBX's price experiences larger fluctuations and is considered to be riskier than GSSRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.