Fidelity Series Floating Rate High Income Fund (FFHCX) 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 FFHCX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FFHCX
FFHCX charges 0.00% annually. No mutual funds in the High Yield Bonds category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | FFHCX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.13% | 25.70B | Nov 2001 | FFHCX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | FFHCX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.23% | 25.70B | Dec 1978 | FFHCX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | FFHCX vs CRDOX |
Best Risk-Adjusted Alternatives to FFHCX
FFHCX has a PortfoliosLab risk / return rank of 93. There are 27 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 | FFHCX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | FFHCX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | FFHCX vs RPHIX | |
| Fidelity Series High Income Fund | 97 | — | Mar 2011 | FFHCX vs FSHNX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | FFHCX vs CWFIX |
Top Performing FFHCX Alternatives (YTD)
FFHCX is at 2.22% YTD. There are 44 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.43%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Capital & Income Fund | 8.43% | — | Nov 1977 | FFHCX vs FAGIX | |
| Pioneer ILS Interval Fund | 7.97% | — | Dec 2014 | FFHCX vs XILSX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.64% | — | Oct 2018 | FFHCX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.59% | — | Jul 1995 | FFHCX vs FAHCX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.52% | — | Jan 1987 | FFHCX vs FAHYX |
Lowest Volatility Alternatives to FFHCX
FFHCX has 2.60% 1-year volatility. There are 30 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.88%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.88% | — | Sep 2010 | FFHCX vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.88% | — | Mar 2019 | FFHCX vs CCLFX | |
| Chartwell Short Duration High Yield Fund | 1.49% | — | Jul 2014 | FFHCX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | FFHCX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.69% | — | Aug 2002 | FFHCX vs OSTIX |
Lowest Drawdown Alternatives to FFHCX
FFHCX has a 1-year max drawdown of -1.14%. There are 7 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 | |
|---|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | -0.10% | — | Sep 2010 | FFHCX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | FFHCX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | FFHCX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | FFHCX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | FFHCX 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 | 73 | 11.71% | — | Feb 1988 | FFHCX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 97 | 85.56% | — | Jul 1985 | FFHCX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 72 | 12.01% | — | — | FFHCX vs FZROX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 32 | 8.60% | — | — | FFHCX vs FSPGX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 71 | 12.08% | — | — | FFHCX vs FSKAX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 75 | 18.56% | — | Dec 1987 | FFHCX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 35 | 7.76% | 176.32B | May 1967 | FFHCX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 71 | 11.56% | — | — | FFHCX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 27 | 9.51% | — | Nov 1997 | FFHCX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 58 | 15.53% | — | Jun 2016 | FFHCX vs FTIHX |
Often Compared With FFHCX
Investors most often compare FFHCX with FFRHX, FFRAX, PLRIX. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare FFHCX with Any Fund or Stock
Compare FFHCX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FFHCX with funds that move differently
Fidelity Series Floating Rate High Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FFHCX.
Explore FFHCX Diversifiers