SDGIX vs. FBIIX
Compare and contrast key facts about BNY Mellon Global Fixed Income Fund (SDGIX) and Fidelity International Bond Index Fund (FBIIX).
SDGIX is managed by Dreyfus. It was launched on Dec 30, 1993. FBIIX is managed by Fidelity. It was launched on Oct 10, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SDGIX or FBIIX.
Correlation
The correlation between SDGIX and FBIIX is 0.79, 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.
Performance
SDGIX vs. FBIIX - Performance Comparison
Key characteristics
SDGIX:
1.88
FBIIX:
2.25
SDGIX:
2.81
FBIIX:
3.54
SDGIX:
1.34
FBIIX:
1.42
SDGIX:
0.77
FBIIX:
0.89
SDGIX:
6.67
FBIIX:
11.75
SDGIX:
1.06%
FBIIX:
0.52%
SDGIX:
3.76%
FBIIX:
2.73%
SDGIX:
-18.29%
FBIIX:
-13.79%
SDGIX:
-1.91%
FBIIX:
-1.03%
Returns By Period
In the year-to-date period, SDGIX achieves a 1.84% return, which is significantly higher than FBIIX's 0.65% return.
SDGIX
1.84%
1.39%
2.00%
6.74%
0.75%
1.64%
FBIIX
0.65%
0.54%
2.57%
5.90%
0.20%
N/A
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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
SDGIX
FBIIX
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.
Dividends
SDGIX vs. FBIIX - Dividend Comparison
SDGIX's dividend yield for the trailing twelve months is around 3.48%, more than FBIIX's 2.79% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SDGIX BNY Mellon Global Fixed Income Fund | 3.48% | 3.55% | 1.82% | 4.10% | 1.27% | 2.45% | 0.49% | 4.02% | 2.24% | 1.82% | 2.26% | 3.69% |
FBIIX Fidelity International Bond Index Fund | 2.79% | 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.
Volatility
SDGIX vs. FBIIX - Volatility Comparison
BNY Mellon Global Fixed Income Fund (SDGIX) has a higher volatility of 1.10% compared to Fidelity International Bond Index Fund (FBIIX) at 0.84%. 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.