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SDGIX vs. FBIIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SDGIX and FBIIX is 0.07, 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.


Performance

SDGIX vs. FBIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Global Fixed Income Fund (SDGIX) and Fidelity International Bond Index Fund (FBIIX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

SDGIX:

1.59

FBIIX:

2.10

Sortino Ratio

SDGIX:

2.32

FBIIX:

3.02

Omega Ratio

SDGIX:

1.28

FBIIX:

1.38

Calmar Ratio

SDGIX:

0.71

FBIIX:

0.85

Martin Ratio

SDGIX:

5.94

FBIIX:

9.43

Ulcer Index

SDGIX:

1.01%

FBIIX:

0.59%

Daily Std Dev

SDGIX:

3.84%

FBIIX:

2.79%

Max Drawdown

SDGIX:

-18.29%

FBIIX:

-13.79%

Current Drawdown

SDGIX:

-2.29%

FBIIX:

-0.74%

Returns By Period

In the year-to-date period, SDGIX achieves a 1.44% return, which is significantly higher than FBIIX's 0.94% return.


SDGIX

YTD

1.44%

1M

1.04%

6M

1.95%

1Y

6.22%

5Y*

1.15%

10Y*

1.78%

FBIIX

YTD

0.94%

1M

0.76%

6M

1.98%

1Y

5.94%

5Y*

0.56%

10Y*

N/A

*Annualized

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SDGIX vs. FBIIX - Expense Ratio Comparison

SDGIX has a 0.53% expense ratio, which is higher than FBIIX's 0.06% expense ratio.


Risk-Adjusted Performance

SDGIX vs. FBIIX — Risk-Adjusted Performance Rank

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

SDGIX
The Risk-Adjusted Performance Rank of SDGIX is 8787
Overall Rank
The Sharpe Ratio Rank of SDGIX is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of SDGIX is 9090
Sortino Ratio Rank
The Omega Ratio Rank of SDGIX is 8888
Omega Ratio Rank
The Calmar Ratio Rank of SDGIX is 7878
Calmar Ratio Rank
The Martin Ratio Rank of SDGIX is 8989
Martin Ratio Rank

FBIIX
The Risk-Adjusted Performance Rank of FBIIX is 9191
Overall Rank
The Sharpe Ratio Rank of FBIIX is 9494
Sharpe Ratio Rank
The Sortino Ratio Rank of FBIIX is 9393
Sortino Ratio Rank
The Omega Ratio Rank of FBIIX is 9191
Omega Ratio Rank
The Calmar Ratio Rank of FBIIX is 8383
Calmar Ratio Rank
The Martin Ratio Rank of FBIIX is 9494
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SDGIX vs. FBIIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Global Fixed Income Fund (SDGIX) and Fidelity International Bond Index Fund (FBIIX). 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.


The current SDGIX Sharpe Ratio is 1.59, which is comparable to the FBIIX Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of SDGIX and FBIIX, 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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Dividends

SDGIX vs. FBIIX - Dividend Comparison

SDGIX's dividend yield for the trailing twelve months is around 3.71%, more than FBIIX's 3.17% yield.


TTM20242023202220212020201920182017201620152014
SDGIX
BNY Mellon Global Fixed Income Fund
3.71%3.55%1.82%4.51%5.64%2.45%0.49%4.02%2.75%2.41%2.83%5.11%
FBIIX
Fidelity International Bond Index Fund
3.17%3.44%2.85%1.02%0.62%0.74%0.09%0.00%0.00%0.00%0.00%0.00%

Drawdowns

SDGIX vs. FBIIX - Drawdown Comparison

The maximum SDGIX drawdown since its inception was -18.29%, which is greater than FBIIX's maximum drawdown of -13.79%. Use the drawdown chart below to compare losses from any high point for SDGIX and FBIIX. For additional features, visit the drawdowns tool.


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Volatility

SDGIX vs. FBIIX - Volatility Comparison

BNY Mellon Global Fixed Income Fund (SDGIX) has a higher volatility of 1.11% compared to Fidelity International Bond Index Fund (FBIIX) at 0.80%. This indicates that SDGIX's price experiences larger fluctuations and is considered to be riskier than FBIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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