TLDTX vs. FFNYX

Last updated Jun 24, 2026

TLDTX (T. Rowe Price U.S. Limited Duration TIPS Index Fund) and FFNYX (Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund) are both Inflation-Protected Bonds funds. Their correlation of 0.85 suggests significant overlap in exposure. TLDTX charges 0.21%/yr vs 0.05%/yr for FFNYX.

Performance

TLDTX vs. FFNYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price U.S. Limited Duration TIPS Index Fund (TLDTX) and Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund (FFNYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TLDTX

• 1D: -0.22%
• 1M: -0.21%
• YTD: 0.93%
• 6M: 1.18%
• 1Y: 3.21%
• 3Y*: 3.61%
• 5Y*: 1.79%
• 10Y*: —

FFNYX

• 1D: -0.10%
• 1M: -0.20%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

TLDTX vs. FFNYX - Yearly Performance Comparison

	2026 (YTD)
TLDTX T. Rowe Price U.S. Limited Duration TIPS Index Fund	0.14%
FFNYX Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund	0.24%

Correlation

The correlation between TLDTX and FFNYX is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 16, 2026	0.85

Return for Risk

TLDTX vs. FFNYX — Risk / Return Rank

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

TLDTX

TLDTX Risk / Return Rank: 14
TLDTX Sharpe Ratio Rank: 9
TLDTX Sortino Ratio Rank: 9
TLDTX Omega Ratio Rank: 33
TLDTX Calmar Ratio Rank: 11
TLDTX Martin Ratio Rank: 8

FFNYX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TLDTX vs. FFNYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price U.S. Limited Duration TIPS Index Fund (TLDTX) and Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund (FFNYX). 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.

	TLDTX	FFNYX	Difference
Sharpe ratio: Return per unit of total volatility	0.70	—	—
Sortino ratio: Return per unit of downside risk	1.05	—	—
Omega ratio: Gain probability vs. loss probability	1.28	—	—
Calmar ratio: Return relative to maximum drawdown	1.02	—	—
Martin ratio: Return relative to average drawdown	1.94	—	—

Drawdowns

TLDTX vs. FFNYX - Drawdown Comparison

The maximum TLDTX drawdown since its inception was -7.24%, which is greater than FFNYX's maximum drawdown of -0.78%. Use the drawdown chart below to compare losses from any high point for TLDTX and FFNYX.

Drawdown Indicators

	TLDTX	FFNYX	Difference
Max Drawdown Largest peak-to-trough decline	-7.24%	-0.78%	-6.46%
Max Drawdown (1Y) Largest decline over 1 year	-3.28%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-4.50%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-7.24%	—	—
Current Drawdown Current decline from peak	-2.03%	-0.78%	-1.25%
Average Drawdown Average peak-to-trough decline	-2.27%	-0.21%	-2.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.72%	—	—

Volatility

Volatility by Period

	TLDTX	FFNYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.88%	—	—
Volatility (6M) Calculated over the trailing 6-month period	1.51%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.79%	2.00%	+2.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.66%	2.00%	+2.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.47%	2.00%	+2.47%

TLDTX vs. FFNYX - Expense Ratio Comparison

TLDTX has a 0.21% expense ratio, which is higher than FFNYX's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

TLDTX vs. FFNYX - Dividend Comparison

TLDTX's dividend yield for the trailing twelve months is around 4.51%, more than FFNYX's 0.04% yield.

Position	TTM	2025	2024	2023	2022	2021
FFNYX Fidelity SAI 0-5 Year Inflation-Protected Bond Index Fund	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%
TLDTX T. Rowe Price U.S. Limited Duration TIPS Index Fund	4.51%	4.66%	1.63%	4.09%	6.45%	4.11%

Frequently Asked Questions

Can I hold both TLDTX and FFNYX in my portfolio?

TLDTX and FFNYX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.