Fidelity Advisor Multi-Asset Income Fund Class I (FAYZX) Alternatives

Fidelity Advisor Multi-Asset Income Fund Class I (FAYZX) 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 FAYZX. 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 FAYZX

FAYZX charges 0.80% annually. Among mutual funds in the Diversified Portfolio category, these options have the lowest expense ratios among FAYZX alternatives.

Symbol	Name	Expense Ratio	Inception
FRGAX	Fidelity 70% Allocation Fund	0.02%	Jan 1, 2022	FAYZX vs FRGAX
PALDX	PGIM 60/40 Allocation Fund	0.03%	Sep 12, 2017	FAYZX vs PALDX
TSAIX	TIAA-CREF Lifestyle Aggressive Growth Fund	0.04%	Dec 8, 2011	FAYZX vs TSAIX
FYMIX	Fidelity Sustainable Multi-Asset Fund	0.05%	Feb 9, 2022	FAYZX vs FYMIX
BWBIX	Baron WealthBuilder Fund	0.05%	Dec 28, 2017	FAYZX vs BWBIX

Best Risk-Adjusted Alternatives to FAYZX

Among mutual funds in the Diversified Portfolio 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
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	99	Nov 16, 2003	FAYZX vs STDAX
TIBIX	Thornburg Investment Income Builder Fund Class I	98	Dec 24, 2002	FAYZX vs TIBIX
BERIX	Chartwell Income Fund	96	Sep 2, 1987	FAYZX vs BERIX
NWQIX	Nuveen Flexible Income Fund	95	Dec 8, 2009	FAYZX vs NWQIX
PMAIX	Pioneer Multi-Asset Income Fund A	93	Dec 22, 2011	FAYZX vs PMAIX

Top Performing FAYZX Alternatives (YTD)

FAYZX alternatives from the Diversified Portfolio category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
SIFAX	SEI Institutional Managed Trust Multi-Asset Inflat...	9.34%	Apr 8, 2012	FAYZX vs SIFAX
PUDZX	PGIM Real Assets Fund	9.23%	Dec 29, 2010	FAYZX vs PUDZX
IOEZX	ICON Equity Income Fund	8.64%	May 9, 2004	FAYZX vs IOEZX
AAAAX	DWS RREEF Real Assets Fund - Class A	8.59%	Jul 30, 2007	FAYZX vs AAAAX
CONWX	Concorde Wealth Management Fund	8.18%	Dec 3, 1987	FAYZX vs CONWX

Lowest Volatility Alternatives to FAYZX

FAYZX alternatives from the Diversified Portfolio category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	0.93%	Nov 16, 2003	FAYZX vs STDAX
SCLAX	SEI Institutional Managed Trust Multi-Asset Capita...	2.64%	Apr 8, 2012	FAYZX vs SCLAX
AVEFX	Ave Maria Bond Fund	3.44%	Apr 30, 2003	FAYZX vs AVEFX
CSTAX	American Funds College 2027 Fund	3.47%	Sep 13, 2012	FAYZX vs CSTAX
SICIX	SEI Asset Allocation Trust Conservative Strategy F...	3.66%	Nov 16, 2003	FAYZX vs SICIX

Lowest Drawdown Alternatives to FAYZX

FAYZX alternatives from the Diversified Portfolio category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
STDAX	SEI Asset Allocation Trust Defensive Strategy Allo...	-0.59%	Nov 16, 2003	FAYZX vs STDAX
SCLAX	SEI Institutional Managed Trust Multi-Asset Capita...	-2.32%	Apr 8, 2012	FAYZX vs SCLAX
AVEFX	Ave Maria Bond Fund	-2.52%	Apr 30, 2003	FAYZX vs AVEFX
CSTAX	American Funds College 2027 Fund	-2.72%	Sep 13, 2012	FAYZX vs CSTAX
SICIX	SEI Asset Allocation Trust Conservative Strategy F...	-2.73%	Nov 16, 2003	FAYZX vs SICIX

Other Mutual Funds from Fidelity

Most popular Fidelity mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
FXAIX	Fidelity 500 Index Fund	S&P 500	46	-7.05%	Feb 17, 1988	FAYZX vs FXAIX
FZROX	Fidelity ZERO Total Market Index Fund	Large Cap Blend Equities	46	-6.77%	—	FAYZX vs FZROX
FSPGX	Fidelity Large Cap Growth Index Fund	Large Cap Growth Equities	28	-13.03%	—	FAYZX vs FSPGX
FSELX	Fidelity Select Semiconductors Portfolio	Technology Equities	94	0.00%	Jul 29, 1985	FAYZX vs FSELX
FSKAX	Fidelity Total Market Index Fund	Large Cap Blend Equities	45	-6.77%	—	FAYZX vs FSKAX
FBGRX	Fidelity Blue Chip Growth Fund	Large Cap Growth Equities	54	-11.15%	Dec 31, 1987	FAYZX vs FBGRX
FNILX	Fidelity ZERO Large Cap Index Fund	Large Cap Blend Equities	45	-7.30%	—	FAYZX vs FNILX
FCNTX	Fidelity Contrafund Fund	Large Cap Growth Equities	44	-8.57%	May 17, 1967	FAYZX vs FCNTX
FSPSX	Fidelity International Index Fund	Foreign Large Cap Equities	64	-1.94%	Nov 5, 1997	FAYZX vs FSPSX
FTIHX	Fidelity Total International Index Fund	Foreign Large Cap Equities	79	-1.15%	Jun 7, 2016	FAYZX vs FTIHX

Often Compared With FAYZX

What investors most often compare with FAYZX, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
BAICX	BlackRock Multi-Asset Income Portfolio	Diversified Portfolio	72	-1.72%	Apr 7, 2008	FAYZX vs BAICX
ONIFX	JPMorgan Investor Growth Fund	Diversified Portfolio	42	-5.06%	Dec 9, 1996	FAYZX vs ONIFX
FASMX	Fidelity Asset Manager 50% Fund	Diversified Portfolio	75	-2.02%	Dec 28, 1988	FAYZX vs FASMX
VTMFX	Vanguard Tax-Managed Balanced Fund Admiral Shares	Diversified Portfolio	68	-3.56%	Sep 6, 1994	FAYZX vs VTMFX
WWWEX	Kinetics The Global Fund	Diversified Portfolio	12	5.17%	Dec 30, 1999	FAYZX vs WWWEX
EKBAX	Allspring Diversified Capital Builder Fund	Diversified Portfolio	90	4.55%	Jan 19, 1998	FAYZX vs EKBAX
QBDSX	Quantified Managed Income Fund	Diversified Portfolio	26	-0.76%	Aug 8, 2013	FAYZX vs QBDSX
TPDAX	Timothy Plan Defensive Strategies Fund	Diversified Portfolio	93	7.48%	Nov 3, 2009	FAYZX vs TPDAX

Compare FAYZX with Any Fund or Stock

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

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Fidelity Advisor Multi-Asset Income Fund Class I

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