Fidelity Advisor Multi-Asset Income Fund Class M (FAZYX) 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 FAZYX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FAZYX
FAZYX charges 1.03% annually. There are 430 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | FAZYX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | FAZYX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | FAZYX vs TSAIX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 63.70B | Dec 2000 | FAZYX vs VBAIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | FAZYX vs VTMFX |
Best Risk-Adjusted Alternatives to FAZYX
FAZYX has a PortfoliosLab risk / return rank of 27. There are 496 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | FAZYX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | FAZYX vs TIBIX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | FAZYX vs NWQIX | |
| Davis Appreciation & Income Fund | 95 | — | Apr 1992 | FAZYX vs RPFCX | |
| Fidelity Strategic Real Return Fund | 95 | — | Sep 2005 | FAZYX vs FSRRX |
Top Performing FAZYX Alternatives (YTD)
FAZYX is at 3.99% YTD. There are 431 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 29.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 29.12% | — | Jan 1998 | FAZYX vs EKBAX | |
| ICON Equity Income Fund | 20.77% | — | May 2004 | FAZYX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 17.74% | — | Dec 2002 | FAZYX vs TIBIX | |
| Greenspring Fund | 16.72% | — | Jun 1983 | FAZYX vs GRSPX | |
| Bruce Fund | 16.02% | — | Mar 1968 | FAZYX vs BRUFX |
Lowest Volatility Alternatives to FAZYX
FAZYX has 10.97% 1-year volatility. There are 417 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.86% | — | Nov 2003 | FAZYX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.81% | — | Nov 2003 | FAZYX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.91% | — | Apr 2012 | FAZYX vs SCLAX | |
| Ave Maria Bond Fund | 3.00% | — | Apr 2003 | FAZYX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | FAZYX vs CSTAX |
Lowest Drawdown Alternatives to FAZYX
FAZYX has a 1-year max drawdown of -6.47%. There are 285 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 | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | FAZYX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | FAZYX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | FAZYX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | FAZYX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | FAZYX vs CSTAX |
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 | FAZYX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 80 | 48.22% | — | Jul 1985 | FAZYX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 64 | 9.94% | — | — | FAZYX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 63 | 9.87% | — | — | FAZYX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 11 | -0.52% | — | — | FAZYX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 40 | 10.15% | — | Dec 1987 | FAZYX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 28 | 5.62% | 176.32B | May 1967 | FAZYX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 59 | 9.06% | — | — | FAZYX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 70 | 12.57% | — | Nov 1997 | FAZYX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 73 | 12.99% | — | Jun 2016 | FAZYX vs FTIHX |
Often Compared With FAZYX
Investors most often compare FAZYX with FYMIX, FSIRX, FCSRX. These 16 comparison targets span 1 categories, based on PortfoliosLab usage data.
Compare FAZYX with Any Fund or Stock
Compare FAZYX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FAZYX with funds that move differently
Fidelity Advisor Multi-Asset Income Fund Class M alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FAZYX.
Explore FAZYX Diversifiers