FZOLX vs. BIV
Compare and contrast key facts about Fidelity SAI Low Duration Income Fund (FZOLX) and Vanguard Intermediate-Term Bond Index ETF (BIV).
FZOLX is managed by Fidelity. It was launched on Oct 13, 2020. BIV is a passively managed fund by Vanguard that tracks the performance of the Bloomberg U.S. 5–10 Year Government/Credit Float Adjusted Bond Index. It was launched on Apr 3, 2007.
Performance
FZOLX vs. BIV - Performance Comparison
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FZOLX vs. BIV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
FZOLX Fidelity SAI Low Duration Income Fund | 0.40% | 4.85% | 5.59% | 5.72% | 0.34% | -0.04% | 0.11% |
BIV Vanguard Intermediate-Term Bond Index ETF | -0.23% | 8.52% | 1.57% | 6.07% | -13.21% | -2.40% | 0.50% |
Returns By Period
In the year-to-date period, FZOLX achieves a 0.40% return, which is significantly higher than BIV's -0.23% return.
FZOLX
- 1D
- 0.00%
- 1M
- -0.20%
- YTD
- 0.40%
- 6M
- 1.48%
- 1Y
- 3.97%
- 3Y*
- 5.09%
- 5Y*
- 3.34%
- 10Y*
- —
BIV
- 1D
- 0.00%
- 1M
- -1.57%
- YTD
- -0.23%
- 6M
- 0.54%
- 1Y
- 4.69%
- 3Y*
- 3.99%
- 5Y*
- 0.54%
- 10Y*
- 2.04%
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FZOLX vs. BIV - Expense Ratio Comparison
FZOLX has a 0.22% expense ratio, which is higher than BIV's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
FZOLX vs. BIV — Risk / Return Rank
FZOLX
BIV
FZOLX vs. BIV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI Low Duration Income Fund (FZOLX) and Vanguard Intermediate-Term Bond Index ETF (BIV). 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.
| FZOLX | BIV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 3.18 | 1.04 | +2.14 |
Sortino ratioReturn per unit of downside risk | 9.57 | 1.50 | +8.07 |
Omega ratioGain probability vs. loss probability | 3.32 | 1.18 | +2.13 |
Calmar ratioReturn relative to maximum drawdown | 14.57 | 1.74 | +12.83 |
Martin ratioReturn relative to average drawdown | 66.78 | 5.57 | +61.21 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FZOLX | BIV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.18 | 1.04 | +2.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 2.82 | 0.09 | +2.74 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.37 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 2.67 | 0.65 | +2.02 |
Correlation
The correlation between FZOLX and BIV is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
FZOLX vs. BIV - Dividend Comparison
FZOLX's dividend yield for the trailing twelve months is around 4.82%, more than BIV's 4.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZOLX Fidelity SAI Low Duration Income Fund | 4.82% | 5.26% | 5.15% | 4.03% | 1.14% | 0.16% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BIV Vanguard Intermediate-Term Bond Index ETF | 4.14% | 4.01% | 3.79% | 3.09% | 2.41% | 3.42% | 2.95% | 2.75% | 2.88% | 2.69% | 3.01% | 3.02% |
Drawdowns
FZOLX vs. BIV - Drawdown Comparison
The maximum FZOLX drawdown since its inception was -1.10%, smaller than the maximum BIV drawdown of -18.95%. Use the drawdown chart below to compare losses from any high point for FZOLX and BIV.
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Drawdown Indicators
| FZOLX | BIV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.10% | -18.95% | +17.85% |
Max Drawdown (1Y)Largest decline over 1 year | -0.30% | -2.87% | +2.57% |
Max Drawdown (5Y)Largest decline over 5 years | -1.10% | -18.74% | +17.64% |
Max Drawdown (10Y)Largest decline over 10 years | — | -18.95% | — |
Current DrawdownCurrent decline from peak | -0.20% | -2.03% | +1.83% |
Average DrawdownAverage peak-to-trough decline | -0.14% | -3.40% | +3.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.07% | 0.90% | -0.83% |
Volatility
FZOLX vs. BIV - Volatility Comparison
The current volatility for Fidelity SAI Low Duration Income Fund (FZOLX) is 0.25%, while Vanguard Intermediate-Term Bond Index ETF (BIV) has a volatility of 1.77%. This indicates that FZOLX experiences smaller price fluctuations and is considered to be less risky than BIV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FZOLX | BIV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.25% | 1.77% | -1.52% |
Volatility (6M)Calculated over the trailing 6-month period | 0.88% | 2.74% | -1.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.30% | 4.55% | -3.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.19% | 6.39% | -5.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.14% | 5.50% | -4.36% |