FSMOX vs. ETIRX
FSMOX (Fidelity SAI Investment Grade Securitized Fund) and ETIRX (Eventide Core Bond Fund) are both Intermediate Core Bond funds. Over the past 3 years, FSMOX returned 4.09%/yr vs 3.84%/yr for ETIRX. Their correlation of 0.89 suggests significant overlap in exposure. FSMOX charges 0.33%/yr vs 0.58%/yr for ETIRX.
Performance
FSMOX vs. ETIRX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FSMOX achieves a 0.88% return, which is significantly higher than ETIRX's 0.58% return.
FSMOX
- 1D
- 0.20%
- 1M
- 0.90%
- YTD
- 0.88%
- 6M
- 1.21%
- 1Y
- 6.38%
- 3Y*
- 4.09%
- 5Y*
- —
- 10Y*
- —
ETIRX
- 1D
- 0.00%
- 1M
- 1.10%
- YTD
- 0.58%
- 6M
- 0.91%
- 1Y
- 5.23%
- 3Y*
- 3.84%
- 5Y*
- -0.31%
- 10Y*
- —
FSMOX vs. ETIRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
FSMOX Fidelity SAI Investment Grade Securitized Fund | 0.88% | 8.52% | 1.45% | 1.16% |
ETIRX Eventide Core Bond Fund | 0.58% | 7.49% | 0.40% | 2.76% |
Correlation
The correlation between FSMOX and ETIRX is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since May 17, 2023 | 0.89 |
The correlation between FSMOX and ETIRX has been stable across timeframes, ranging from 0.83 to 0.89 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FSMOX vs. ETIRX — Risk / Return Rank
FSMOX
ETIRX
FSMOX vs. ETIRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI Investment Grade Securitized Fund (FSMOX) and Eventide Core Bond Fund (ETIRX). 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.
| FSMOX | ETIRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.30 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.27 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.27 | 1.88 | +0.39 |
| Martin ratioReturn relative to average drawdown | 6.97 | 5.73 | +1.24 |
Loading charts...
Drawdowns
FSMOX vs. ETIRX - Drawdown Comparison
The maximum FSMOX drawdown since its inception was -8.65%, smaller than the maximum ETIRX drawdown of -19.29%. Use the drawdown chart below to compare losses from any high point for FSMOX and ETIRX.
Loading charts...
Drawdown Indicators
| FSMOX | ETIRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.65% | -19.29% | +10.64% |
Max Drawdown (1Y)Largest decline over 1 year | -2.84% | -2.87% | +0.03% |
Max Drawdown (3Y)Largest decline over 3 years | -8.47% | -6.53% | -1.94% |
Max Drawdown (5Y)Largest decline over 5 years | — | -18.37% | — |
Current DrawdownCurrent decline from peak | -1.26% | -3.84% | +2.58% |
Average DrawdownAverage peak-to-trough decline | -1.76% | -8.54% | +6.78% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.92% | 0.94% | -0.02% |
Volatility
FSMOX vs. ETIRX - Volatility Comparison
Fidelity SAI Investment Grade Securitized Fund (FSMOX) has a higher volatility of 1.33% compared to Eventide Core Bond Fund (ETIRX) at 1.17%. This indicates that FSMOX's price experiences larger fluctuations and is considered to be riskier than ETIRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FSMOX | ETIRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.33% | 1.17% | +0.16% |
Volatility (6M)Calculated over the trailing 6-month period | 2.94% | 2.84% | +0.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.00% | 3.71% | +0.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.18% | 5.52% | +0.66% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.18% | 5.22% | +0.96% |
FSMOX vs. ETIRX - Expense Ratio Comparison
FSMOX has a 0.33% expense ratio, which is lower than ETIRX's 0.58% expense ratio.
Dividends
FSMOX vs. ETIRX - Dividend Comparison
FSMOX's dividend yield for the trailing twelve months is around 4.47%, more than ETIRX's 4.13% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
ETIRX Eventide Core Bond Fund | 4.13% | 4.16% | 2.78% | 2.79% | 2.32% | 1.39% | 0.40% |
FSMOX Fidelity SAI Investment Grade Securitized Fund | 4.47% | 4.44% | 5.07% | 1.21% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FSMOX and ETIRX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FSMOX has higher volatility (1.33%) compared to ETIRX (1.17%). In terms of maximum drawdown, FSMOX dropped -8.65% vs ETIRX's -19.29%.
FSMOX currently has the higher Sharpe Ratio (1.61 vs 1.45), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FSMOX and ETIRX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer