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FSTGX vs. FTABX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FSTGX vs. FTABX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Intermediate Government Income Fund (FSTGX) and Fidelity Tax-Free Bond Fund (FTABX). The values are adjusted to include any dividend payments, if applicable.

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FSTGX vs. FTABX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FSTGX
Fidelity Intermediate Government Income Fund
-0.22%6.00%2.24%3.88%-8.76%-2.28%5.46%4.84%1.20%0.98%
FTABX
Fidelity Tax-Free Bond Fund
-0.77%5.60%1.54%7.51%-10.74%2.20%4.80%8.58%0.67%6.45%

Returns By Period

In the year-to-date period, FSTGX achieves a -0.22% return, which is significantly higher than FTABX's -0.77% return. Over the past 10 years, FSTGX has underperformed FTABX with an annualized return of 1.05%, while FTABX has yielded a comparatively higher 2.29% annualized return.


FSTGX

1D
0.31%
1M
-1.40%
YTD
-0.22%
6M
0.74%
1Y
3.29%
3Y*
3.16%
5Y*
0.44%
10Y*
1.05%

FTABX

1D
0.18%
1M
-2.93%
YTD
-0.77%
6M
0.87%
1Y
4.33%
3Y*
3.49%
5Y*
0.93%
10Y*
2.29%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FSTGX vs. FTABX - Expense Ratio Comparison

FSTGX has a 0.45% expense ratio, which is higher than FTABX's 0.25% expense ratio.


Return for Risk

FSTGX vs. FTABX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSTGX
FSTGX Risk / Return Rank: 7474
Overall Rank
FSTGX Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
FSTGX Sortino Ratio Rank: 7777
Sortino Ratio Rank
FSTGX Omega Ratio Rank: 6262
Omega Ratio Rank
FSTGX Calmar Ratio Rank: 8787
Calmar Ratio Rank
FSTGX Martin Ratio Rank: 7575
Martin Ratio Rank

FTABX
FTABX Risk / Return Rank: 5656
Overall Rank
FTABX Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
FTABX Sortino Ratio Rank: 5656
Sortino Ratio Rank
FTABX Omega Ratio Rank: 7878
Omega Ratio Rank
FTABX Calmar Ratio Rank: 4747
Calmar Ratio Rank
FTABX Martin Ratio Rank: 3838
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FSTGX vs. FTABX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Intermediate Government Income Fund (FSTGX) and Fidelity Tax-Free Bond Fund (FTABX). 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.


FSTGXFTABXDifference

Sharpe ratio

Return per unit of total volatility

1.23

1.08

+0.16

Sortino ratio

Return per unit of downside risk

1.89

1.46

+0.43

Omega ratio

Gain probability vs. loss probability

1.23

1.30

-0.07

Calmar ratio

Return relative to maximum drawdown

2.27

1.16

+1.11

Martin ratio

Return relative to average drawdown

7.20

4.03

+3.17

FSTGX vs. FTABX - Sharpe Ratio Comparison

The current FSTGX Sharpe Ratio is 1.23, which is comparable to the FTABX Sharpe Ratio of 1.08. The chart below compares the historical Sharpe Ratios of FSTGX and FTABX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FSTGXFTABXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.23

1.08

+0.16

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.11

0.23

-0.12

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.31

0.54

-0.22

Sharpe Ratio (All Time)

Calculated using the full available price history

1.21

1.04

+0.18

Correlation

The correlation between FSTGX and FTABX is 0.57, 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.


Dividends

FSTGX vs. FTABX - Dividend Comparison

FSTGX's dividend yield for the trailing twelve months is around 2.84%, less than FTABX's 3.21% yield.


TTM20252024202320222021202020192018201720162015
FSTGX
Fidelity Intermediate Government Income Fund
2.84%3.04%2.94%2.12%0.99%0.77%2.65%1.85%1.84%1.47%1.52%1.69%
FTABX
Fidelity Tax-Free Bond Fund
3.21%4.18%2.81%2.90%2.16%2.27%2.64%2.94%3.01%3.49%4.22%3.29%

Drawdowns

FSTGX vs. FTABX - Drawdown Comparison

The maximum FSTGX drawdown since its inception was -13.66%, smaller than the maximum FTABX drawdown of -16.14%. Use the drawdown chart below to compare losses from any high point for FSTGX and FTABX.


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Drawdown Indicators


FSTGXFTABXDifference

Max Drawdown

Largest peak-to-trough decline

-13.66%

-16.14%

+2.48%

Max Drawdown (1Y)

Largest decline over 1 year

-1.80%

-4.74%

+2.94%

Max Drawdown (5Y)

Largest decline over 5 years

-12.54%

-16.14%

+3.60%

Max Drawdown (10Y)

Largest decline over 10 years

-13.66%

-16.14%

+2.48%

Current Drawdown

Current decline from peak

-1.40%

-2.93%

+1.53%

Average Drawdown

Average peak-to-trough decline

-1.57%

-2.13%

+0.56%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.57%

1.36%

-0.79%

Volatility

FSTGX vs. FTABX - Volatility Comparison

The current volatility for Fidelity Intermediate Government Income Fund (FSTGX) is 0.98%, while Fidelity Tax-Free Bond Fund (FTABX) has a volatility of 1.10%. This indicates that FSTGX experiences smaller price fluctuations and is considered to be less risky than FTABX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FSTGXFTABXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.98%

1.10%

-0.12%

Volatility (6M)

Calculated over the trailing 6-month period

1.74%

1.77%

-0.03%

Volatility (1Y)

Calculated over the trailing 1-year period

2.98%

4.84%

-1.86%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.08%

4.12%

-0.04%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.38%

4.27%

-0.89%