SNGVX vs. ASDVX
SNGVX (SIT U.S. Government Securities Fund) and ASDVX (American Century Short Duration Strategic Income Fund) are both mutual funds - SNGVX is a Government Bonds fund managed by Sit, while ASDVX is a Short-Term Bond fund managed by American Century. Over the past 10 years, SNGVX returned 1.47%/yr vs 2.92%/yr for ASDVX. Their 0.48 correlation means their historical movements had little consistent relationship. SNGVX charges 0.80%/yr vs 0.53%/yr for ASDVX.
Performance
SNGVX vs. ASDVX - Performance Comparison
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Returns By Period
In the year-to-date period, SNGVX achieves a -0.22% return, which is significantly lower than ASDVX's 1.14% return. Over the past 10 years, SNGVX has underperformed ASDVX with an annualized return of 1.47%, while ASDVX has yielded a comparatively higher 2.92% annualized return.
SNGVX
- 1D
- -0.36%
- 1M
- -0.85%
- 6M
- -0.43%
- YTD
- -0.22%
- 1Y
- 2.06%
- 3Y*
- 4.03%
- 5Y*
- 1.12%
- 10Y*
- 1.47%
- ALL TIME*
- 4.02%
ASDVX
- 1D
- 0.00%
- 1M
- -0.33%
- 6M
- 0.74%
- YTD
- 1.14%
- 1Y
- 3.53%
- 3Y*
- 5.60%
- 5Y*
- 2.38%
- 10Y*
- 2.92%
- ALL TIME*
- 2.55%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
SNGVX vs. ASDVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SNGVX SIT U.S. Government Securities Fund | -0.22% | 6.93% | 2.41% | 3.22% | -4.80% | -1.15% | 3.53% | 3.34% | 1.80% | 1.34% |
ASDVX American Century Short Duration Strategic Income Fund | 1.14% | 6.30% | 5.60% | 5.78% | -6.48% | 1.86% | 5.47% | 5.23% | 0.27% | 2.81% |
Correlation
The correlation between SNGVX and ASDVX is 0.63, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.63 |
Correlation (3Y) Balances recent behavior with more history. | 0.68 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.67 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jul 29, 2014 | 0.48 |
The correlation between SNGVX and ASDVX shifts across timeframes, from 0.48 (all time) to 0.68 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
SNGVX vs. ASDVX — Risk / Return Rank
SNGVX
ASDVX
SNGVX vs. ASDVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SIT U.S. Government Securities Fund (SNGVX) and American Century Short Duration Strategic Income Fund (ASDVX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SNGVX | ASDVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.05 | ||
| Sortino ratioReturn per unit of downside risk | -2.43 | ||
| Omega ratioGain probability vs. loss probability | 1.17 | 1.52 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 1.15 | 2.72 | -1.57 |
| Martin ratioReturn relative to average drawdown | 2.88 | 12.21 | -9.33 |
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Drawdowns
SNGVX vs. ASDVX - Drawdown Comparison
The maximum SNGVX drawdown since its inception was -9.17%, which is greater than ASDVX's maximum drawdown of -8.41%. Use the drawdown chart below to compare losses from any high point for SNGVX and ASDVX.
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Drawdown Indicators
| SNGVX | ASDVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.17% | -8.41% | -0.76% |
Max Drawdown (1Y)Largest decline over 1 year | -2.41% | -1.43% | -0.98% |
Max Drawdown (3Y)Largest decline over 3 years | -3.34% | -1.43% | -1.91% |
Max Drawdown (5Y)Largest decline over 5 years | -8.93% | -8.41% | -0.52% |
Max Drawdown (10Y)Largest decline over 10 years | -9.17% | -8.41% | -0.76% |
Current DrawdownCurrent decline from peak | -1.97% | -0.33% | -1.64% |
Average DrawdownAverage peak-to-trough decline | -0.83% | -1.22% | +0.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.96% | 0.32% | +0.64% |
Volatility
SNGVX vs. ASDVX - Volatility Comparison
SIT U.S. Government Securities Fund (SNGVX) has a higher volatility of 0.74% compared to American Century Short Duration Strategic Income Fund (ASDVX) at 0.32%. This indicates that SNGVX's price experiences larger fluctuations and is considered to be riskier than ASDVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SNGVX | ASDVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.74% | 0.32% | +0.42% |
Volatility (6M)Calculated over the trailing 6-month period | 2.29% | 1.47% | +0.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.91% | 1.98% | +0.93% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.75% | 2.36% | +1.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.98% | 2.18% | +0.80% |
SNGVX vs. ASDVX - Expense Ratio Comparison
SNGVX has a 0.80% expense ratio, which is higher than ASDVX's 0.53% expense ratio.
Dividends
SNGVX vs. ASDVX - Dividend Comparison
SNGVX's dividend yield for the trailing twelve months is around 3.87%, less than ASDVX's 4.39% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ASDVX American Century Short Duration Strategic Income Fund | 4.39% | 4.86% | 5.09% | 4.78% | 2.42% | 3.20% | 2.59% | 2.86% | 2.84% | 2.36% | 2.72% | 3.50% |
SNGVX SIT U.S. Government Securities Fund | 3.87% | 3.76% | 3.78% | 3.23% | 1.70% | 0.75% | 1.40% | 2.18% | 2.05% | 1.60% | 1.63% | 1.87% |
Frequently Asked Questions
SNGVX and ASDVX have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SNGVX has higher volatility (0.74%) compared to ASDVX (0.32%). In terms of maximum drawdown, SNGVX dropped -9.17% vs ASDVX's -8.41%.
ASDVX currently has the higher Sharpe Ratio (2.00 vs 0.95), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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