Fidelity Advisor Floating Rate High Income Fund Class C (FFRCX) 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 FFRCX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FFRCX
FFRCX charges 1.73% annually. There are 169 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | FFRCX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.13% | 25.70B | Nov 2001 | FFRCX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | FFRCX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.23% | 25.70B | Dec 1978 | FFRCX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | FFRCX vs CRDOX |
Best Risk-Adjusted Alternatives to FFRCX
FFRCX has a PortfoliosLab risk / return rank of 81. There are 77 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 | FFRCX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | — | Mar 2019 | FFRCX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | FFRCX vs RPHIX | |
| Fidelity Series High Income Fund | 97 | — | Mar 2011 | FFRCX vs FSHNX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | FFRCX vs CWFIX |
Top Performing FFRCX Alternatives (YTD)
FFRCX is at 1.61% YTD. There are 105 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 | FFRCX vs FAGIX | |
| Pioneer ILS Interval Fund | 7.97% | — | Dec 2014 | FFRCX vs XILSX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.64% | — | Oct 2018 | FFRCX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.59% | — | Jul 1995 | FFRCX vs FAHCX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 7.52% | — | Jan 1987 | FFRCX vs FAHYX |
Lowest Volatility Alternatives to FFRCX
FFRCX has 2.15% 1-year volatility. There are 9 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 | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.88% | — | Mar 2019 | FFRCX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.88% | — | Sep 2010 | FFRCX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.49% | — | Jul 2014 | FFRCX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.63% | — | Oct 2012 | FFRCX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.69% | — | Aug 2002 | FFRCX vs OSTIX |
Lowest Drawdown Alternatives to FFRCX
FFRCX has a 1-year max drawdown of -1.33%. There are 15 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 | FFRCX vs RPHIX | |
| Cliffwater Corporate Lending Fund | -0.19% | — | Mar 2019 | FFRCX vs CCLFX | |
| Pioneer ILS Interval Fund | -0.21% | — | Dec 2014 | FFRCX vs XILSX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | FFRCX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | FFRCX 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 | FFRCX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 97 | 85.56% | — | Jul 1985 | FFRCX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 72 | 12.01% | — | — | FFRCX vs FZROX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 32 | 8.60% | — | — | FFRCX vs FSPGX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 71 | 12.08% | — | — | FFRCX vs FSKAX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 75 | 18.56% | — | Dec 1987 | FFRCX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 35 | 7.76% | 176.32B | May 1967 | FFRCX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 71 | 11.56% | — | — | FFRCX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 27 | 9.51% | — | Nov 1997 | FFRCX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 58 | 15.53% | — | Jun 2016 | FFRCX vs FTIHX |
Often Compared With FFRCX
Investors most often compare FFRCX with TFLR, CPMPX, THHYX. These 13 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare FFRCX with Any Fund or Stock
Compare FFRCX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FFRCX with funds that move differently
Fidelity Advisor Floating Rate High Income Fund Class C alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FFRCX.
Explore FFRCX Diversifiers