Fidelity Advisor Asset Manager 70% Fund Class I (FAAIX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FAAIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FAAIX
FAAIX charges 0.70% annually. There are 296 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | FAAIX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | FAAIX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | FAAIX vs TSAIX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 63.70B | Dec 2000 | FAAIX vs VBAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | FAAIX vs BWBIX |
Best Risk-Adjusted Alternatives to FAAIX
FAAIX has a PortfoliosLab risk / return rank of 72. There are 151 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | FAAIX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | FAAIX vs TIBIX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | FAAIX vs NWQIX | |
| Davis Appreciation & Income Fund | 95 | — | Apr 1992 | FAAIX vs RPFCX | |
| Fidelity Strategic Real Return Fund | 95 | — | Sep 2005 | FAAIX vs FSRRX |
Top Performing FAAIX Alternatives (YTD)
FAAIX is at 10.24% YTD. There are 57 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 29.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 29.12% | — | Jan 1998 | FAAIX vs EKBAX | |
| ICON Equity Income Fund | 20.77% | — | May 2004 | FAAIX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 17.74% | — | Dec 2002 | FAAIX vs TIBIX | |
| Greenspring Fund | 16.72% | — | Jun 1983 | FAAIX vs GRSPX | |
| Bruce Fund | 16.02% | — | Mar 1968 | FAAIX vs BRUFX |
Lowest Volatility Alternatives to FAAIX
FAAIX has 11.54% 1-year volatility. There are 447 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.86% | — | Nov 2003 | FAAIX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.81% | — | Nov 2003 | FAAIX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.91% | — | Apr 2012 | FAAIX vs SCLAX | |
| Ave Maria Bond Fund | 3.00% | — | Apr 2003 | FAAIX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | FAAIX vs CSTAX |
Lowest Drawdown Alternatives to FAAIX
FAAIX has a 1-year max drawdown of -7.98%. There are 429 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | FAAIX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | FAAIX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | FAAIX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | FAAIX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | FAAIX vs CSTAX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 29 | 10.45% | — | Sep 2021 | FAAIX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 63 | 9.34% | — | Jul 1993 | FAAIX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 97 | 12.04% | — | Dec 2012 | FAAIX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund - Institutional... | Target Retirement Date | 70 | 11.03% | — | May 2011 | FAAIX vs LIVIX | |
| BlackRock Enhanced Equity Dividend Trust | Derivative Income | 64 | 8.08% | — | Aug 2005 | FAAIX vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 30 | 22.08% | — | May 2000 | FAAIX vs BGSAX | |
| BlackRock Global Equity Market Neutral Fund Invest... | Equity Market Neutral | 97 | 11.82% | — | Dec 2012 | FAAIX vs BDMAX | |
| BlackRock Equity Dividend Fund | Large Cap Value Equities | 87 | 15.65% | — | Nov 1988 | FAAIX vs MADVX | |
| BlackRock Strategic Income Opportunities Fund Clas... | Total Bond Market | 64 | 1.03% | — | Feb 2008 | FAAIX vs BSIIX | |
| BlackRock High Yield K | High Yield Bonds | 78 | 1.22% | — | Jan 2001 | FAAIX vs BRHYX |
Often Compared With FAAIX
Investors most often compare FAAIX with SCHX, FZROX, VFIAX. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare FAAIX with Any Fund or Stock
Compare FAAIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FAAIX with funds that move differently
Fidelity Advisor Asset Manager 70% Fund Class I alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FAAIX.
Explore FAAIX Diversifiers