SNGVX vs. FUMBX
Compare and contrast key facts about SIT U.S. Government Securities Fund (SNGVX) and Fidelity Short-Term Treasury Bond Index Fund (FUMBX).
SNGVX is managed by Sit. It was launched on Jun 1, 1987. FUMBX is a passively managed fund by Fidelity that tracks the performance of the Bloomberg Barclays 1-5 Year U.S. Treasury Index. It was launched on Dec 20, 2005.
Performance
SNGVX vs. FUMBX - Performance Comparison
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SNGVX vs. FUMBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SNGVX SIT U.S. Government Securities Fund | -0.23% | 6.93% | 2.41% | 3.22% | -4.80% | -1.15% | 3.53% | 3.34% | 1.80% | 0.26% |
FUMBX Fidelity Short-Term Treasury Bond Index Fund | -0.10% | 5.83% | 3.25% | 4.47% | -5.84% | -1.38% | 4.22% | 4.19% | 1.47% | -0.33% |
Returns By Period
In the year-to-date period, SNGVX achieves a -0.23% return, which is significantly lower than FUMBX's -0.10% return.
SNGVX
- 1D
- -0.19%
- 1M
- -1.62%
- YTD
- -0.23%
- 6M
- 0.81%
- 1Y
- 3.41%
- 3Y*
- 3.60%
- 5Y*
- 1.18%
- 10Y*
- 1.55%
FUMBX
- 1D
- 0.10%
- 1M
- -0.77%
- YTD
- -0.10%
- 6M
- 0.85%
- 1Y
- 3.55%
- 3Y*
- 3.80%
- 5Y*
- 1.31%
- 10Y*
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SNGVX vs. FUMBX - Expense Ratio Comparison
SNGVX has a 0.80% expense ratio, which is higher than FUMBX's 0.03% expense ratio.
Return for Risk
SNGVX vs. FUMBX — Risk / Return Rank
SNGVX
FUMBX
SNGVX vs. FUMBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SIT U.S. Government Securities Fund (SNGVX) and Fidelity Short-Term Treasury Bond Index Fund (FUMBX). 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.
| SNGVX | FUMBX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.12 | 1.55 | -0.44 |
Sortino ratioReturn per unit of downside risk | 1.63 | 2.43 | -0.80 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.33 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | 1.69 | 2.52 | -0.83 |
Martin ratioReturn relative to average drawdown | 5.14 | 8.74 | -3.60 |
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
| SNGVX | FUMBX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.12 | 1.55 | -0.44 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | 0.45 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.53 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.46 | 0.73 | +0.74 |
Correlation
The correlation between SNGVX and FUMBX is 0.74, 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.
Dividends
SNGVX vs. FUMBX - Dividend Comparison
SNGVX's dividend yield for the trailing twelve months is around 3.47%, more than FUMBX's 3.41% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SNGVX SIT U.S. Government Securities Fund | 3.47% | 3.76% | 3.78% | 3.23% | 1.70% | 0.75% | 1.40% | 2.18% | 2.05% | 1.60% | 1.63% | 1.87% |
FUMBX Fidelity Short-Term Treasury Bond Index Fund | 3.41% | 3.51% | 2.91% | 1.64% | 0.86% | 1.15% | 1.41% | 1.88% | 1.64% | 0.34% | 0.00% | 0.00% |
Drawdowns
SNGVX vs. FUMBX - Drawdown Comparison
The maximum SNGVX drawdown since its inception was -9.17%, roughly equal to the maximum FUMBX drawdown of -8.83%. Use the drawdown chart below to compare losses from any high point for SNGVX and FUMBX.
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Drawdown Indicators
| SNGVX | FUMBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.17% | -8.83% | -0.34% |
Max Drawdown (1Y)Largest decline over 1 year | -2.27% | -1.54% | -0.73% |
Max Drawdown (5Y)Largest decline over 5 years | -9.17% | -8.60% | -0.57% |
Max Drawdown (10Y)Largest decline over 10 years | -9.17% | — | — |
Current DrawdownCurrent decline from peak | -1.99% | -1.06% | -0.93% |
Average DrawdownAverage peak-to-trough decline | -0.83% | -1.88% | +1.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.75% | 0.44% | +0.31% |
Volatility
SNGVX vs. FUMBX - Volatility Comparison
SIT U.S. Government Securities Fund (SNGVX) has a higher volatility of 1.29% compared to Fidelity Short-Term Treasury Bond Index Fund (FUMBX) at 0.74%. This indicates that SNGVX's price experiences larger fluctuations and is considered to be riskier than FUMBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SNGVX | FUMBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.29% | 0.74% | +0.55% |
Volatility (6M)Calculated over the trailing 6-month period | 2.04% | 1.37% | +0.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.43% | 2.32% | +1.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.69% | 2.89% | +0.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.95% | 2.49% | +0.46% |