Fidelity Advisor Floating Rate High Income Fund Class A (FFRAX) Alternatives
Fidelity Advisor Floating Rate High Income Fund Class A (FFRAX) 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 FFRAX. 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 FFRAX
FFRAX charges 0.98% annually. Among mutual funds in the High Yield Bonds category, these options have the lowest expense ratios among FFRAX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | Dec 24, 2008 | FFRAX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.13% | Nov 12, 2001 | FFRAX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | Dec 26, 2017 | FFRAX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.23% | Dec 27, 1978 | FFRAX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | Nov 22, 2020 | FFRAX vs CRDOX |
Best Risk-Adjusted Alternatives to FFRAX
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 | FFRAX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | Mar 6, 2019 | FFRAX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | Sep 30, 2010 | FFRAX vs RPHIX | |
| T. Rowe Price Floating Rate Fund | 99 | Jul 29, 2011 | FFRAX vs PRFRX | |
| T. Rowe Price Credit Opportunities Fund | 98 | Apr 29, 2014 | FFRAX vs PRCPX |
Top Performing FFRAX Alternatives (YTD)
FFRAX alternatives from the High Yield Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Fairholme Focused Income Fund | 6.93% | Dec 31, 2009 | FFRAX vs FOCIX | |
| Pioneer ILS Interval Fund | 5.18% | Dec 16, 2014 | FFRAX vs XILSX | |
| RiverPark Short Term High Yield Fund | 1.02% | Sep 30, 2010 | FFRAX vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.96% | Mar 6, 2019 | FFRAX vs CCLFX | |
| Franklin Templeton SMACS: Series I | 0.52% | Jun 3, 2019 | FFRAX vs FQTIX |
Lowest Volatility Alternatives to FFRAX
FFRAX alternatives from the High Yield Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| RiverPark Short Term High Yield Fund | 0.97% | Sep 30, 2010 | FFRAX vs RPHIX | |
| Cliffwater Corporate Lending Fund | 0.97% | Mar 6, 2019 | FFRAX vs CCLFX | |
| Chartwell Short Duration High Yield Fund | 1.71% | Jul 15, 2014 | FFRAX vs CWFIX | |
| Changing Parameters Fund | 1.90% | Oct 2, 2006 | FFRAX vs CPMPX | |
| Shenkman Capital Short Duration High Income Fund | 1.96% | Oct 31, 2012 | FFRAX vs SCFIX |
Lowest Drawdown Alternatives to FFRAX
FFRAX 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 | FFRAX vs XILSX | |
| RiverPark Short Term High Yield Fund | -0.41% | Sep 30, 2010 | FFRAX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.46% | Mar 6, 2019 | FFRAX vs CCLFX | |
| Toews Tactical Income Fund | -1.12% | Jun 4, 2010 | FFRAX vs THHYX | |
| Changing Parameters Fund | -1.31% | Oct 2, 2006 | FFRAX 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 | 46 | -7.05% | Feb 17, 1988 | FFRAX vs FXAIX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 46 | -6.77% | — | FFRAX vs FZROX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 28 | -13.03% | — | FFRAX vs FSPGX | |
| Fidelity Select Semiconductors Portfolio | Technology Equities | 94 | 0.00% | Jul 29, 1985 | FFRAX vs FSELX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 45 | -6.77% | — | FFRAX vs FSKAX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 54 | -11.15% | Dec 31, 1987 | FFRAX vs FBGRX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 45 | -7.30% | — | FFRAX vs FNILX | |
| Fidelity Contrafund Fund | Large Cap Growth Equities | 44 | -8.57% | May 17, 1967 | FFRAX vs FCNTX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 64 | -1.94% | Nov 5, 1997 | FFRAX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 79 | -1.15% | Jun 7, 2016 | FFRAX vs FTIHX |
Often Compared With FFRAX
What investors most often compare with FFRAX, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Fidelity Floating Rate High Income Fund | High Yield Bonds | 84 | -0.61% | Aug 16, 2000 | FFRAX vs FFRHX | |
| Fidelity Series Floating Rate High Income Fund | High Yield Bonds | 89 | -0.54% | Oct 20, 2011 | FFRAX vs FFHCX | |
| WisdomTree Interest Rate Hedged U.S. Aggregate Bon... | Nontraditional Bonds | 86 | 1.24% | Dec 18, 2013 | FFRAX vs AGZD | |
| T. Rowe Price Floating Rate Fund | Bank Loan | 91 | -1.14% | Jul 28, 2011 | FFRAX vs PAFRX | |
| Eaton Vance Floating-Rate Advantage Fund | Bank Loan | 50 | -1.98% | Mar 16, 2008 | FFRAX vs EIFAX | |
| BlackRock High Yield Bond Portfolio Institutional ... | High Yield Bonds | 89 | -1.59% | Nov 19, 1998 | FFRAX vs BHYIX | |
| T. Rowe Price Institutional Floating Rate Fund | Bank Loan | 94 | -0.94% | Jan 30, 2008 | FFRAX vs RPIFX | |
| SPDR Portfolio High Yield Bond ETF | High Yield Bonds | 79 | -0.32% | Jun 18, 2012 | FFRAX vs SPHY | |
| RiverPark Strategic Income Fund | High Yield Bonds | 96 | 0.36% | Sep 30, 2013 | FFRAX vs RSIIX |
Compare FFRAX with Any Fund or Stock
Compare FFRAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.