Fidelity Capital & Income Fund (FAGIX) belongs to the High Yield Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FAGIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FAGIX
FAGIX charges 0.67% annually. There are 50 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | FAGIX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | FAGIX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | FAGIX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | FAGIX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | FAGIX vs CRDOX |
Best Risk-Adjusted Alternatives to FAGIX
FAGIX has a PortfoliosLab risk / return rank of 85. There are 55 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | FAGIX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | FAGIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | FAGIX vs RPHIX | |
| T. Rowe Price Floating Rate Fund | 97 | — | Jul 2011 | FAGIX vs PRFRX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | FAGIX vs CWFIX |
Top Performing FAGIX Alternatives (YTD)
FAGIX is at 7.46% YTD. There are 2 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 9.01%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 9.01% | — | Dec 2014 | FAGIX vs XILSX | |
| Fairholme Focused Income Fund | 8.58% | — | Dec 2009 | FAGIX vs FOCIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.84% | — | Oct 2018 | FAGIX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.79% | — | Jul 1995 | FAGIX vs FAHCX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.62% | — | Jan 1987 | FAGIX vs FAHYX |
Lowest Volatility Alternatives to FAGIX
FAGIX has 6.81% 1-year volatility. There are 179 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.85% | — | Mar 2019 | FAGIX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.85% | — | Sep 2010 | FAGIX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.50% | — | Jul 2014 | FAGIX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | FAGIX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.70% | — | Aug 2002 | FAGIX vs OSTIX |
Lowest Drawdown Alternatives to FAGIX
FAGIX has a 1-year max drawdown of -3.49%. There are 171 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | FAGIX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | FAGIX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | FAGIX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | FAGIX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | FAGIX vs SCFIX |
Other Mutual Funds from Fidelity
The 10 most viewed Fidelity mutual funds shown here include FXAIX, FSELX, FZROX and span 6 categories. AUM among these funds goes as high as $176B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 65 | 10.87% | — | Feb 1988 | FAGIX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 92 | 69.51% | — | Jul 1985 | FAGIX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 65 | 11.51% | — | — | FAGIX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 64 | 11.52% | — | — | FAGIX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 18 | 4.54% | — | — | FAGIX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 61 | 16.64% | — | Dec 1987 | FAGIX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 37 | 10.44% | 176.32B | May 1967 | FAGIX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 61 | 10.70% | — | — | FAGIX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 36 | 10.16% | — | Nov 1997 | FAGIX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 56 | 13.16% | — | Jun 2016 | FAGIX vs FTIHX |
Often Compared With FAGIX
Investors most often compare FAGIX with FBALX, FFRHX, SPHIX. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare FAGIX with Any Fund or Stock
Compare FAGIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FAGIX with funds that move differently
Fidelity Capital & Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FAGIX.
Explore FAGIX Diversifiers