Fidelity Advisor High Income Advantage Fund Class A (FAHDX) 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 FAHDX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FAHDX
FAHDX charges 0.99% annually. There are 129 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 | FAHDX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | FAHDX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | FAHDX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | FAHDX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | FAHDX vs CRDOX |
Best Risk-Adjusted Alternatives to FAHDX
FAHDX has a PortfoliosLab risk / return rank of 69. There are 94 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 | FAHDX vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | 100 | — | Jun 2019 | FAHDX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | FAHDX vs RPHIX | |
| Intrepid Income Fund | 97 | — | Aug 2010 | FAHDX vs ICMUX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | FAHDX vs PSHNX |
Top Performing FAHDX Alternatives (YTD)
FAHDX is at 4.71% YTD. There are 7 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 10.04%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 10.04% | — | Dec 2014 | FAHDX vs XILSX | |
| Fairholme Focused Income Fund | 9.48% | — | Dec 2009 | FAHDX vs FOCIX | |
| Fidelity Capital & Income Fund | 5.47% | — | Nov 1977 | FAHDX vs FAGIX | |
| Nuveen Global High Income Fund | 5.11% | — | Nov 2014 | FAHDX vs JGH | |
| Fidelity Advisor High Income Advantage Fund Class ... | 4.93% | — | Oct 2018 | FAHDX vs FIQTX |
Lowest Volatility Alternatives to FAHDX
FAHDX has 6.35% 1-year volatility. There are 176 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.83%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.83% | — | Sep 2010 | FAHDX vs RPHIX | |
| Cliffwater Corporate Lending Fund Class I Shares | 0.85% | — | Jun 2019 | FAHDX vs CCLFX | |
| Chartwell Short Duration High Yield Fund | 1.51% | — | Jul 2014 | FAHDX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.64% | — | Oct 2012 | FAHDX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.77% | — | Aug 2002 | FAHDX vs OSTIX |
Lowest Drawdown Alternatives to FAHDX
FAHDX has a 1-year max drawdown of -3.69%. 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 | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.10% | — | Dec 2014 | FAHDX vs XILSX | |
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | FAHDX vs RPHIX | |
| Cliffwater Corporate Lending Fund Class I Shares | -0.19% | — | Jun 2019 | FAHDX vs CCLFX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | FAHDX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | FAHDX 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 | 64 | 9.35% | — | Feb 1988 | FAHDX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 80 | 48.22% | — | Jul 1985 | FAHDX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 64 | 9.94% | — | — | FAHDX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 63 | 9.87% | — | — | FAHDX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 11 | -0.52% | — | — | FAHDX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 40 | 10.15% | — | Dec 1987 | FAHDX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 28 | 5.62% | 176.32B | May 1967 | FAHDX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 59 | 9.06% | — | — | FAHDX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 70 | 12.57% | — | Nov 1997 | FAHDX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 73 | 12.99% | — | Jun 2016 | FAHDX vs FTIHX |
Often Compared With FAHDX
Investors most often compare FAHDX with FSTAX, FHIFX, FDVV. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare FAHDX with Any Fund or Stock
Compare FAHDX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FAHDX with funds that move differently
Fidelity Advisor High Income Advantage Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FAHDX.
Explore FAHDX Diversifiers