FZOLX vs. FHQFX
Compare and contrast key facts about Fidelity SAI Low Duration Income Fund (FZOLX) and Fidelity Series Treasury Bill Index Fund (FHQFX).
FZOLX is managed by Fidelity Investments. It was launched on Oct 13, 2020. FHQFX is managed by Fidelity Investments. It was launched on Aug 28, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FZOLX or FHQFX.
Correlation
The correlation between FZOLX and FHQFX is 0.42, 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.
Performance
FZOLX vs. FHQFX - Performance Comparison
Key characteristics
FZOLX:
4.07
FHQFX:
3.66
FZOLX:
19.42
FHQFX:
23.36
FZOLX:
7.87
FHQFX:
11.45
FZOLX:
55.86
FHQFX:
53.18
FZOLX:
113.91
FHQFX:
132.63
FZOLX:
0.05%
FHQFX:
0.04%
FZOLX:
1.36%
FHQFX:
1.46%
FZOLX:
-1.02%
FHQFX:
-0.20%
FZOLX:
-0.00%
FHQFX:
0.00%
Returns By Period
In the year-to-date period, FZOLX achieves a 0.45% return, which is significantly higher than FHQFX's 0.37% return.
FZOLX
0.45%
0.35%
2.49%
5.45%
N/A
N/A
FHQFX
0.37%
0.37%
2.52%
5.37%
2.57%
N/A
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FZOLX vs. FHQFX - Expense Ratio Comparison
FZOLX has a 0.22% expense ratio, which is higher than FHQFX's 0.00% 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%.
Risk-Adjusted Performance
FZOLX vs. FHQFX — Risk-Adjusted Performance Rank
FZOLX
FHQFX
FZOLX vs. FHQFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI Low Duration Income Fund (FZOLX) and Fidelity Series Treasury Bill Index Fund (FHQFX). 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.
Dividends
FZOLX vs. FHQFX - Dividend Comparison
FZOLX's dividend yield for the trailing twelve months is around 5.11%, more than FHQFX's 5.02% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
FZOLX Fidelity SAI Low Duration Income Fund | 5.11% | 5.12% | 4.02% | 1.52% | 0.15% | 0.03% | 0.00% | 0.00% |
FHQFX Fidelity Series Treasury Bill Index Fund | 5.02% | 5.10% | 5.13% | 1.82% | 0.06% | 0.85% | 2.31% | 0.43% |
Drawdowns
FZOLX vs. FHQFX - Drawdown Comparison
The maximum FZOLX drawdown since its inception was -1.02%, which is greater than FHQFX's maximum drawdown of -0.20%. Use the drawdown chart below to compare losses from any high point for FZOLX and FHQFX. For additional features, visit the drawdowns tool.
Volatility
FZOLX vs. FHQFX - Volatility Comparison
Fidelity SAI Low Duration Income Fund (FZOLX) has a higher volatility of 0.40% compared to Fidelity Series Treasury Bill Index Fund (FHQFX) at 0.37%. This indicates that FZOLX's price experiences larger fluctuations and is considered to be riskier than FHQFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.