FASMX Alternatives & Similar Mutual Funds

Fidelity Asset Manager 50% Fund (FASMX) 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 FASMX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to FASMX

FASMX charges 0.62% annually. There are 254 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
FRGAX	Fidelity 70% Allocation Fund	0.02%	—	Jan 2022	FASMX vs FRGAX
PALDX	PGIM 60/40 Allocation Fund	0.03%	—	Sep 2017	FASMX vs PALDX
TSAIX	TIAA-CREF Lifestyle Aggressive Growth Fund	0.04%	—	Dec 2011	FASMX vs TSAIX
VBAIX	Vanguard Balanced Index Fund Institutional Shares	0.04%	63.70B	Dec 2000	FASMX vs VBAIX
BWBIX	Baron WealthBuilder Fund	0.05%	—	Dec 2017	FASMX vs BWBIX

Best Risk-Adjusted Alternatives to FASMX

FASMX has a PortfoliosLab risk / return rank of 74. There are 127 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.

Symbol	Name	Risk / Return Rank	AUM	Inception
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	99	—	Nov 2003	FASMX vs STDAX
TIBIX	Thornburg Investment Income Builder Fund Class I	98	—	Dec 2002	FASMX vs TIBIX
RPFCX	Davis Appreciation & Income Fund	96	—	Apr 1992	FASMX vs RPFCX
NWQIX	Nuveen Flexible Income Fund	96	—	Dec 2009	FASMX vs NWQIX
FSRRX	Fidelity Strategic Real Return Fund	95	—	Sep 2005	FASMX vs FSRRX

Top Performing FASMX Alternatives (YTD)

FASMX is at 7.90% YTD. There are 178 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 29.72%.

Symbol	Name	YTD Return	AUM	Inception
EKBAX	Allspring Diversified Capital Builder Fund	29.72%	—	Jan 1998	FASMX vs EKBAX
TIBIX	Thornburg Investment Income Builder Fund Class I	19.05%	—	Dec 2002	FASMX vs TIBIX
IOEZX	ICON Equity Income Fund	18.94%	—	May 2004	FASMX vs IOEZX
GRSPX	Greenspring Fund	17.70%	—	Jun 1983	FASMX vs GRSPX
MHELX	MH Elite Small Cap Fund of Funds Fund	17.05%	—	Aug 1998	FASMX vs MHELX

Lowest Volatility Alternatives to FASMX

FASMX has 8.82% 1-year volatility. There are 270 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.

Symbol	Name	Volatility 1Y	AUM	Inception
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	0.86%	—	Nov 2003	FASMX vs STDAX
SICIX	SEI Asset Allocation Trust Conservative Strategy F...	2.80%	—	Nov 2003	FASMX vs SICIX
SCLAX	SEI Institutional Managed Trust Multi-Asset Capita...	2.91%	—	Apr 2012	FASMX vs SCLAX
AVEFX	Ave Maria Bond Fund	3.05%	—	Apr 2003	FASMX vs AVEFX
CSTAX	American Funds College 2027 Fund	3.11%	—	Sep 2012	FASMX vs CSTAX

Lowest Drawdown Alternatives to FASMX

FASMX has a 1-year max drawdown of -6.19%. There are 256 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
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	-0.36%	—	Nov 2003	FASMX vs STDAX
SCLAX	SEI Institutional Managed Trust Multi-Asset Capita...	-2.32%	—	Apr 2012	FASMX vs SCLAX
DGTSX	DFA Global Allocation 25/75 Portfolio	-2.64%	—	Dec 2003	FASMX vs DGTSX
SICIX	SEI Asset Allocation Trust Conservative Strategy F...	-2.65%	—	Nov 2003	FASMX vs SICIX
CSTAX	American Funds College 2027 Fund	-2.72%	—	Sep 2012	FASMX 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
ECAT	BlackRock ESG Capital Allocation Term Trust	Tactical Allocation, Derivative Income, ESG	29	11.70%	—	Sep 2021	FASMX vs ECAT
WFSPX	iShares S&P 500 Index Fund Class K	S&P 500	59	10.11%	—	Jul 1993	FASMX vs WFSPX
BDMIX	BlackRock Global Equity Market Neutral Fund Class ...	Equity Market Neutral	98	12.92%	—	Dec 2012	FASMX vs BDMIX
LIVIX	BlackRock LifePath Index 2055 Fund - Institutional...	Target Retirement Date	67	11.31%	—	May 2011	FASMX vs LIVIX
BDJ	BlackRock Enhanced Equity Dividend Trust	Derivative Income	66	8.31%	—	Aug 2005	FASMX vs BDJ
BGSAX	BlackRock Technology Opportunities Fund Investor A	Technology Equities	28	23.72%	—	May 2000	FASMX vs BGSAX
BDMAX	BlackRock Global Equity Market Neutral Fund Invest...	Equity Market Neutral	97	12.73%	—	Dec 2012	FASMX vs BDMAX
MADVX	BlackRock Equity Dividend Fund Institutional Share...	Large Cap Value Equities	88	16.37%	—	Nov 1988	FASMX vs MADVX
BSIIX	BlackRock Strategic Income Opportunities Fund Clas...	Total Bond Market	52	0.93%	—	Feb 2008	FASMX vs BSIIX
BRHYX	BlackRock High Yield K	High Yield Bonds	63	1.22%	—	Jan 2001	FASMX vs BRHYX

Often Compared With FASMX

Investors most often compare FASMX with FBALX, VTMFX, VWIAX. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FBALX	Fidelity Balanced Fund	Diversified Portfolio	80	9.50%	—	Nov 1986	FASMX vs FBALX
VTMFX	Vanguard Tax-Managed Balanced Fund Admiral Shares	Diversified Portfolio, Municipal Bonds	67	4.67%	12.30B	Sep 1994	FASMX vs VTMFX
VWIAX	Vanguard Wellesley Income Fund Admiral Shares	Diversified Portfolio	66	3.58%	47.40B	May 2001	FASMX vs VWIAX
FSKAX	Fidelity Total Market Index Fund	Large Cap Blend Equities	58	10.51%	—	—	FASMX vs FSKAX
SPY	State Street SPDR S&P 500 ETF	S&P 500	78	11.70%	789.06B	Jan 1993	FASMX vs SPY
VTI	Vanguard Total Stock Market ETF	Large Cap Blend Equities	78	12.18%	2.30T	May 2001	FASMX vs VTI
FGRIX	Fidelity Growth & Income Portfolio	Large Cap Value Equities	73	11.33%	—	Dec 1985	FASMX vs FGRIX
AWSHX	American Funds Washington Mutual Investors Fund Cl...	Large Cap Blend Equities	55	8.99%	—	Jul 1952	FASMX vs AWSHX
OGIAX	JPMorgan Investor Balanced A	Diversified Portfolio	45	4.44%	—	Feb 1998	FASMX vs OGIAX
FSMSX	FS Multi-Strategy Alternatives Fund	Multistrategy	80	3.77%	—	May 2017	FASMX vs FSMSX
SCHD	Schwab U.S. Dividend Equity ETF	Dividend	95	24.36%	104.16B	Oct 2011	FASMX vs SCHD
FCNTX	Fidelity Contrafund	Large Cap Growth Equities	23	6.89%	176.32B	May 1967	FASMX vs FCNTX
FSIDX	Fidelity Advisor Strategic Dividend & Income Fund ...	Diversified Portfolio	93	13.90%	—	Dec 2003	FASMX vs FSIDX
TLWIX	TIAA-CREF Lifecycle Index 2020 Fund	Target Retirement Date	67	5.31%	—	Sep 2009	FASMX vs TLWIX
FAYZX	Fidelity Advisor Multi-Asset Income Fund Class I	Diversified Portfolio	24	3.66%	—	Sep 2015	FASMX vs FAYZX
FFFGX	Fidelity Freedom 2045 Fund	Target Retirement Date	70	12.22%	—	Jun 2006	FASMX vs FFFGX
FPURX	Fidelity Puritan Fund	Diversified Portfolio	44	7.73%	—	Apr 1947	FASMX vs FPURX
FFANX	Fidelity Asset Manager 40% Fund	Diversified Portfolio	75	6.50%	—	Oct 2007	FASMX vs FFANX
NASDX	Shelton Capital Management Nasdaq-100 Index Fund D...	Large Cap Growth Equities	37	12.17%	—	Jan 2000	FASMX vs NASDX
NOIEX	Northern Income Equity Fund	Large Cap Value Equities, Dividend, Actively Managed	77	12.69%	—	Apr 1994	FASMX vs NOIEX

Compare FASMX with Any Fund or Stock

Compare FASMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair FASMX with funds that move differently

Fidelity Asset Manager 50% Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FASMX.

Explore FASMX Diversifiers

Fidelity Asset Manager 50% Fund (FASMX) Alternatives