FSHGX vs. HYGV
Compare and contrast key facts about Fidelity SAI High Income Fund (FSHGX) and FlexShares High Yield Value-Scored US Bond Index Fund (HYGV).
FSHGX is managed by Fidelity Investments. It was launched on May 20, 2021. HYGV is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust High Yield Value-Scored US Corporate Bond Index. It was launched on Jul 17, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSHGX or HYGV.
Correlation
The correlation between FSHGX and HYGV is 0.59, 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
FSHGX vs. HYGV - Performance Comparison
Key characteristics
FSHGX:
3.45
HYGV:
2.40
FSHGX:
5.79
HYGV:
3.50
FSHGX:
1.84
HYGV:
1.45
FSHGX:
6.07
HYGV:
3.99
FSHGX:
21.15
HYGV:
16.33
FSHGX:
0.51%
HYGV:
0.60%
FSHGX:
3.15%
HYGV:
4.08%
FSHGX:
-15.08%
HYGV:
-23.47%
FSHGX:
-0.11%
HYGV:
0.00%
Returns By Period
In the year-to-date period, FSHGX achieves a 1.48% return, which is significantly lower than HYGV's 1.72% return.
FSHGX
1.48%
0.71%
4.60%
11.24%
N/A
N/A
HYGV
1.72%
0.46%
3.99%
9.59%
4.23%
N/A
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FSHGX vs. HYGV - Expense Ratio Comparison
FSHGX has a 0.60% expense ratio, which is higher than HYGV's 0.37% expense ratio.
Risk-Adjusted Performance
FSHGX vs. HYGV — Risk-Adjusted Performance Rank
FSHGX
HYGV
FSHGX vs. HYGV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI High Income Fund (FSHGX) and FlexShares High Yield Value-Scored US Bond Index Fund (HYGV). 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
FSHGX vs. HYGV - Dividend Comparison
FSHGX's dividend yield for the trailing twelve months is around 6.10%, less than HYGV's 7.96% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
FSHGX Fidelity SAI High Income Fund | 6.10% | 6.15% | 5.47% | 5.21% | 2.14% | 0.00% | 0.00% | 0.00% |
HYGV FlexShares High Yield Value-Scored US Bond Index Fund | 7.96% | 8.20% | 8.77% | 7.64% | 7.15% | 6.18% | 7.95% | 5.63% |
Drawdowns
FSHGX vs. HYGV - Drawdown Comparison
The maximum FSHGX drawdown since its inception was -15.08%, smaller than the maximum HYGV drawdown of -23.47%. Use the drawdown chart below to compare losses from any high point for FSHGX and HYGV. For additional features, visit the drawdowns tool.
Volatility
FSHGX vs. HYGV - Volatility Comparison
The current volatility for Fidelity SAI High Income Fund (FSHGX) is 0.74%, while FlexShares High Yield Value-Scored US Bond Index Fund (HYGV) has a volatility of 0.91%. This indicates that FSHGX experiences smaller price fluctuations and is considered to be less risky than HYGV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.