TBFAX vs. FNBGX
Compare and contrast key facts about Thrivent Government Bond (TBFAX) and Fidelity Long-Term Treasury Bond Index Fund (FNBGX).
TBFAX is managed by Thrivent Funds. It was launched on Feb 25, 2010. FNBGX is managed by Fidelity. It was launched on Dec 20, 2005.
Performance
TBFAX vs. FNBGX - Performance Comparison
Loading graphics...
TBFAX vs. FNBGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TBFAX Thrivent Government Bond | -0.37% | 7.00% | 0.96% | 3.52% | -10.67% | -1.92% | 6.93% | 5.70% | -0.02% | -0.50% |
FNBGX Fidelity Long-Term Treasury Bond Index Fund | -0.35% | 5.30% | -6.18% | 3.20% | -29.89% | -5.17% | 17.58% | 14.24% | -1.62% | 1.86% |
Returns By Period
In the year-to-date period, TBFAX achieves a -0.37% return, which is significantly lower than FNBGX's -0.35% return.
TBFAX
- 1D
- 0.23%
- 1M
- -1.56%
- YTD
- -0.37%
- 6M
- 0.39%
- 1Y
- 3.50%
- 3Y*
- 2.71%
- 5Y*
- 0.07%
- 10Y*
- 0.97%
FNBGX
- 1D
- 0.00%
- 1M
- -3.36%
- YTD
- -0.35%
- 6M
- -0.98%
- 1Y
- -0.60%
- 3Y*
- -1.65%
- 5Y*
- -5.04%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TBFAX vs. FNBGX - Expense Ratio Comparison
TBFAX has a 0.77% expense ratio, which is higher than FNBGX's 0.03% expense ratio.
Return for Risk
TBFAX vs. FNBGX — Risk / Return Rank
TBFAX
FNBGX
TBFAX vs. FNBGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Thrivent Government Bond (TBFAX) and Fidelity Long-Term Treasury Bond Index Fund (FNBGX). 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.
| TBFAX | FNBGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.88 | 0.01 | +0.87 |
Sortino ratioReturn per unit of downside risk | 1.29 | 0.09 | +1.20 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.01 | +0.14 |
Calmar ratioReturn relative to maximum drawdown | 1.45 | 0.14 | +1.31 |
Martin ratioReturn relative to average drawdown | 4.09 | 0.30 | +3.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| TBFAX | FNBGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.88 | 0.01 | +0.87 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.01 | -0.35 | +0.36 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.21 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | -0.08 | +0.36 |
Correlation
The correlation between TBFAX and FNBGX is 0.89, 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
TBFAX vs. FNBGX - Dividend Comparison
TBFAX's dividend yield for the trailing twelve months is around 3.22%, less than FNBGX's 3.60% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TBFAX Thrivent Government Bond | 3.22% | 3.54% | 3.73% | 2.29% | 2.08% | 0.92% | 3.29% | 2.08% | 2.02% | 1.48% | 1.25% | 0.91% |
FNBGX Fidelity Long-Term Treasury Bond Index Fund | 3.60% | 3.88% | 3.75% | 3.20% | 2.26% | 2.47% | 3.96% | 2.63% | 2.93% | 0.70% | 0.00% | 0.00% |
Drawdowns
TBFAX vs. FNBGX - Drawdown Comparison
The maximum TBFAX drawdown since its inception was -17.68%, smaller than the maximum FNBGX drawdown of -46.86%. Use the drawdown chart below to compare losses from any high point for TBFAX and FNBGX.
Loading graphics...
Drawdown Indicators
| TBFAX | FNBGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.68% | -46.86% | +29.18% |
Max Drawdown (1Y)Largest decline over 1 year | -2.87% | -8.75% | +5.88% |
Max Drawdown (5Y)Largest decline over 5 years | -16.03% | -41.54% | +25.51% |
Max Drawdown (10Y)Largest decline over 10 years | -17.68% | — | — |
Current DrawdownCurrent decline from peak | -3.65% | -37.47% | +33.82% |
Average DrawdownAverage peak-to-trough decline | -4.18% | -21.32% | +17.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.02% | 3.98% | -2.96% |
Volatility
TBFAX vs. FNBGX - Volatility Comparison
The current volatility for Thrivent Government Bond (TBFAX) is 1.45%, while Fidelity Long-Term Treasury Bond Index Fund (FNBGX) has a volatility of 3.50%. This indicates that TBFAX experiences smaller price fluctuations and is considered to be less risky than FNBGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TBFAX | FNBGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.45% | 3.50% | -2.05% |
Volatility (6M)Calculated over the trailing 6-month period | 2.47% | 6.02% | -3.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.27% | 10.47% | -6.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.61% | 14.61% | -9.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.72% | 14.30% | -9.58% |