Fidelity Advisor High Income Advantage Fund Class M (FAHYX) Alternatives
Fidelity Advisor High Income Advantage Fund Class M (FAHYX) 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 FAHYX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to FAHYX
FAHYX charges 0.99% annually. Among mutual funds in the High Yield Bonds category, these options have the lowest expense ratios among FAHYX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | Dec 24, 2008 | FAHYX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.13% | Nov 12, 2001 | FAHYX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | Dec 26, 2017 | FAHYX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.23% | Dec 27, 1978 | FAHYX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | Nov 22, 2020 | FAHYX vs CRDOX |
Best Risk-Adjusted Alternatives to FAHYX
Among mutual funds in the High Yield Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | Dec 16, 2014 | FAHYX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | Mar 6, 2019 | FAHYX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 99 | Sep 30, 2010 | FAHYX vs RPHIX | |
| T. Rowe Price Floating Rate Fund | 99 | Jul 29, 2011 | FAHYX vs PRFRX | |
| T. Rowe Price Credit Opportunities Fund | 98 | Apr 29, 2014 | FAHYX vs PRCPX |
Top Performing FAHYX Alternatives (YTD)
FAHYX alternatives from the High Yield Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Fairholme Focused Income Fund | 6.09% | Dec 31, 2009 | FAHYX vs FOCIX | |
| Pioneer ILS Interval Fund | 6.00% | Dec 16, 2014 | FAHYX vs XILSX | |
| Franklin Templeton SMACS: Series I | 1.02% | Jun 3, 2019 | FAHYX vs FQTIX | |
| Cliffwater Corporate Lending Fund | 0.96% | Mar 6, 2019 | FAHYX vs CCLFX | |
| Nuveen Global High Income Fund | 0.85% | Nov 24, 2014 | FAHYX vs JGH |
Lowest Volatility Alternatives to FAHYX
FAHYX alternatives from the High Yield Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.97% | Mar 6, 2019 | FAHYX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 1.02% | Sep 30, 2010 | FAHYX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.74% | Jul 15, 2014 | FAHYX vs CWFIX | |
| Changing Parameters Fund | 1.90% | Oct 2, 2006 | FAHYX vs CPMPX | |
| Shenkman Capital Short Duration High Income Fund | 1.96% | Oct 31, 2012 | FAHYX vs SCFIX |
Lowest Drawdown Alternatives to FAHYX
FAHYX alternatives from the High Yield Bonds category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.21% | Dec 16, 2014 | FAHYX vs XILSX | |
| Cliffwater Corporate Lending Fund | -0.38% | Mar 6, 2019 | FAHYX vs CCLFX | |
| RiverPark Short Term High Yield Fund | -0.41% | Sep 30, 2010 | FAHYX vs RPHIX | |
| Toews Tactical Income Fund | -1.12% | Jun 4, 2010 | FAHYX vs THHYX | |
| Changing Parameters Fund | -1.31% | Oct 2, 2006 | FAHYX vs CPMPX |
Other Mutual Funds from Fidelity
Most popular Fidelity mutual funds on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 60 | -4.34% | Feb 17, 1988 | FAHYX vs FXAIX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 60 | -3.98% | — | FAHYX vs FZROX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 41 | -9.77% | — | FAHYX vs FSPGX | |
| Fidelity Select Semiconductors Portfolio | Technology Equities | 96 | 7.19% | Jul 29, 1985 | FAHYX vs FSELX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 59 | -3.98% | — | FAHYX vs FSKAX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 71 | -7.12% | Dec 31, 1987 | FAHYX vs FBGRX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 59 | -4.59% | — | FAHYX vs FNILX | |
| Fidelity Contrafund Fund | Large Cap Growth Equities | 62 | -5.35% | May 17, 1967 | FAHYX vs FCNTX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 76 | 0.95% | Nov 5, 1997 | FAHYX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 86 | 1.79% | Jun 7, 2016 | FAHYX vs FTIHX |
Often Compared With FAHYX
What investors most often compare with FAHYX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Fidelity Capital & Income Fund | High Yield Bonds | 93 | 0.45% | Nov 1, 1977 | FAHYX vs FAGIX | |
| Fidelity High Dividend ETF | Large Cap Blend Equities, Dividend | 53 | -1.50% | Sep 12, 2016 | FAHYX vs FDVV | |
| RiverPark Strategic Income Fund | High Yield Bonds | 95 | 0.36% | Sep 30, 2013 | FAHYX vs RSIIX |
Compare FAHYX with Any Fund or Stock
Compare FAHYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.