Correlation
The correlation between FSTGX and FGOVX is -0.07. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
FSTGX vs. FGOVX
Compare and contrast key facts about Fidelity Intermediate Government Income Fund (FSTGX) and Fidelity Government Income Fund (FGOVX).
FSTGX is managed by Fidelity. It was launched on May 2, 1988. FGOVX is managed by Fidelity. It was launched on Apr 4, 1979.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSTGX or FGOVX.
Performance
FSTGX vs. FGOVX - Performance Comparison
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Key characteristics
FSTGX:
1.72
FGOVX:
1.00
FSTGX:
2.47
FGOVX:
1.32
FSTGX:
1.31
FGOVX:
1.16
FSTGX:
0.69
FGOVX:
0.35
FSTGX:
4.26
FGOVX:
2.02
FSTGX:
1.30%
FGOVX:
2.39%
FSTGX:
3.49%
FGOVX:
5.45%
FSTGX:
-13.16%
FGOVX:
-19.50%
FSTGX:
-3.05%
FGOVX:
-9.94%
Returns By Period
In the year-to-date period, FSTGX achieves a 2.52% return, which is significantly higher than FGOVX's 2.09% return. Over the past 10 years, FSTGX has outperformed FGOVX with an annualized return of 1.08%, while FGOVX has yielded a comparatively lower 0.81% annualized return.
FSTGX
2.52%
-0.51%
2.16%
5.54%
1.74%
-0.53%
1.08%
FGOVX
2.09%
-0.98%
0.79%
4.83%
0.55%
-1.87%
0.81%
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FSTGX vs. FGOVX - Expense Ratio Comparison
Both FSTGX and FGOVX have an expense ratio of 0.45%.
Risk-Adjusted Performance
FSTGX vs. FGOVX — Risk-Adjusted Performance Rank
FSTGX
FGOVX
FSTGX vs. FGOVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Intermediate Government Income Fund (FSTGX) and Fidelity Government Income Fund (FGOVX). 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.
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Dividends
FSTGX vs. FGOVX - Dividend Comparison
FSTGX's dividend yield for the trailing twelve months is around 2.80%, less than FGOVX's 3.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSTGX Fidelity Intermediate Government Income Fund | 2.80% | 2.95% | 2.11% | 1.43% | 0.92% | 2.66% | 1.85% | 1.84% | 1.47% | 2.06% | 1.88% | 1.25% |
FGOVX Fidelity Government Income Fund | 3.53% | 3.75% | 2.57% | 1.52% | 0.75% | 2.40% | 2.09% | 2.07% | 1.80% | 2.39% | 2.57% | 1.89% |
Drawdowns
FSTGX vs. FGOVX - Drawdown Comparison
The maximum FSTGX drawdown since its inception was -13.16%, smaller than the maximum FGOVX drawdown of -19.50%. Use the drawdown chart below to compare losses from any high point for FSTGX and FGOVX.
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Volatility
FSTGX vs. FGOVX - Volatility Comparison
The current volatility for Fidelity Intermediate Government Income Fund (FSTGX) is 0.97%, while Fidelity Government Income Fund (FGOVX) has a volatility of 1.42%. This indicates that FSTGX experiences smaller price fluctuations and is considered to be less risky than FGOVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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