FVIIX vs. FUMBX
Compare and contrast key facts about Fidelity Advisor Government Income Fund Class I (FVIIX) and Fidelity Short-Term Treasury Bond Index Fund (FUMBX).
FVIIX is managed by Fidelity. It was launched on Oct 24, 2006. FUMBX is a passively managed fund by Fidelity that tracks the performance of the Bloomberg Barclays 1-5 Year U.S. Treasury Index. It was launched on Dec 20, 2005.
Performance
FVIIX vs. FUMBX - Performance Comparison
Loading graphics...
FVIIX vs. FUMBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FVIIX Fidelity Advisor Government Income Fund Class I | -0.03% | 6.52% | 0.07% | 3.80% | -13.09% | -2.26% | 6.85% | 6.27% | 0.67% | -0.03% |
FUMBX Fidelity Short-Term Treasury Bond Index Fund | -0.10% | 5.83% | 3.25% | 4.47% | -5.84% | -1.38% | 4.22% | 4.19% | 1.47% | -0.33% |
Returns By Period
In the year-to-date period, FVIIX achieves a -0.03% return, which is significantly higher than FUMBX's -0.10% return.
FVIIX
- 1D
- 0.11%
- 1M
- -1.50%
- YTD
- -0.03%
- 6M
- 0.65%
- 1Y
- 3.13%
- 3Y*
- 2.41%
- 5Y*
- -0.57%
- 10Y*
- 0.76%
FUMBX
- 1D
- 0.10%
- 1M
- -0.77%
- YTD
- -0.10%
- 6M
- 0.85%
- 1Y
- 3.55%
- 3Y*
- 3.80%
- 5Y*
- 1.31%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FVIIX vs. FUMBX - Expense Ratio Comparison
FVIIX has a 0.49% expense ratio, which is higher than FUMBX's 0.03% expense ratio.
Return for Risk
FVIIX vs. FUMBX — Risk / Return Rank
FVIIX
FUMBX
FVIIX vs. FUMBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Government Income Fund Class I (FVIIX) and Fidelity Short-Term Treasury Bond Index Fund (FUMBX). 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.
| FVIIX | FUMBX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.82 | 1.55 | -0.73 |
Sortino ratioReturn per unit of downside risk | 1.20 | 2.43 | -1.23 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.33 | -0.18 |
Calmar ratioReturn relative to maximum drawdown | 1.39 | 2.52 | -1.13 |
Martin ratioReturn relative to average drawdown | 3.75 | 8.74 | -4.99 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FVIIX | FUMBX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.82 | 1.55 | -0.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.10 | 0.45 | -0.55 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.15 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.52 | 0.73 | -0.21 |
Correlation
The correlation between FVIIX and FUMBX is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
FVIIX vs. FUMBX - Dividend Comparison
FVIIX's dividend yield for the trailing twelve months is around 3.09%, less than FUMBX's 3.41% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FVIIX Fidelity Advisor Government Income Fund Class I | 3.09% | 3.33% | 3.18% | 2.29% | 1.09% | 0.58% | 2.35% | 2.07% | 2.02% | 1.75% | 2.64% | 2.21% |
FUMBX Fidelity Short-Term Treasury Bond Index Fund | 3.41% | 3.51% | 2.91% | 1.64% | 0.86% | 1.15% | 1.41% | 1.88% | 1.64% | 0.34% | 0.00% | 0.00% |
Drawdowns
FVIIX vs. FUMBX - Drawdown Comparison
The maximum FVIIX drawdown since its inception was -20.08%, which is greater than FUMBX's maximum drawdown of -8.83%. Use the drawdown chart below to compare losses from any high point for FVIIX and FUMBX.
Loading graphics...
Drawdown Indicators
| FVIIX | FUMBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.08% | -8.83% | -11.25% |
Max Drawdown (1Y)Largest decline over 1 year | -2.86% | -1.54% | -1.32% |
Max Drawdown (5Y)Largest decline over 5 years | -18.13% | -8.60% | -9.53% |
Max Drawdown (10Y)Largest decline over 10 years | -20.08% | — | — |
Current DrawdownCurrent decline from peak | -7.50% | -1.06% | -6.44% |
Average DrawdownAverage peak-to-trough decline | -3.72% | -1.88% | -1.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.06% | 0.44% | +0.62% |
Volatility
FVIIX vs. FUMBX - Volatility Comparison
Fidelity Advisor Government Income Fund Class I (FVIIX) has a higher volatility of 1.44% compared to Fidelity Short-Term Treasury Bond Index Fund (FUMBX) at 0.74%. This indicates that FVIIX's price experiences larger fluctuations and is considered to be riskier than FUMBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FVIIX | FUMBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.44% | 0.74% | +0.70% |
Volatility (6M)Calculated over the trailing 6-month period | 2.51% | 1.37% | +1.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.28% | 2.32% | +1.96% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.05% | 2.89% | +3.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.02% | 2.49% | +2.53% |