FIJWX Alternatives & Similar Mutual Funds

Fidelity Advisor Short Duration High Income Fund Class Z (FIJWX) 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 FIJWX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to FIJWX

FIJWX charges 0.66% annually. There are 46 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.

Symbol	Name	Expense Ratio	AUM	Inception
FHYSX	Federated Hermes High-Yield Strategy Portfolio	0.02%	—	Dec 2008	FIJWX vs FHYSX
VWEAX	Vanguard High-Yield Corporate Fund Admiral Shares	0.12%	25.80B	Nov 2001	FIJWX vs VWEAX
PIAMX	PIA High Yield (MACS) Fund	0.20%	—	Dec 2017	FIJWX vs PIAMX
VWEHX	Vanguard High-Yield Corporate Fund Investor Shares	0.22%	25.80B	Dec 1978	FIJWX vs VWEHX
CRDOX	Six Circles Credit Opportunities Fund	0.29%	—	Nov 2020	FIJWX vs CRDOX

Best Risk-Adjusted Alternatives to FIJWX

FIJWX has a PortfoliosLab risk / return rank of 96. There are 9 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
XILSX	Pioneer ILS Interval Fund	100	—	Dec 2014	FIJWX vs XILSX
CCLFX	Cliffwater Corporate Lending Fund	100	—	Mar 2019	FIJWX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	100	—	Sep 2010	FIJWX vs RPHIX
CWFIX	Chartwell Short Duration High Yield Fund	96	—	Jul 2014	FIJWX vs CWFIX
PSHNX	Penn Capital Short Duration High Income Fund	96	—	Jul 2017	FIJWX vs PSHNX

Top Performing FIJWX Alternatives (YTD)

FIJWX is at 2.98% YTD. There are 23 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 8.81%.

Symbol	Name	YTD Return	AUM	Inception
FAGIX	Fidelity Capital & Income Fund	8.81%	—	Nov 1977	FIJWX vs FAGIX
XILSX	Pioneer ILS Interval Fund	8.39%	—	Dec 2014	FIJWX vs XILSX
FIQTX	Fidelity Advisor High Income Advantage Fund Class ...	7.99%	—	Oct 2018	FIJWX vs FIQTX
FAHCX	Fidelity Advisor High Income Advantage Fund Class ...	7.94%	—	Jul 1995	FIJWX vs FAHCX
FAHYX	Fidelity Advisor High Income Advantage Fund Class ...	7.76%	—	Jan 1987	FIJWX vs FAHYX

Lowest Volatility Alternatives to FIJWX

FIJWX has 2.93% 1-year volatility. There are 54 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
CCLFX	Cliffwater Corporate Lending Fund	0.88%	—	Mar 2019	FIJWX vs CCLFX
RPHIX	RiverPark Short Term High Yield Fund	0.88%	—	Sep 2010	FIJWX vs RPHIX
CWFIX	Chartwell Short Duration High Yield Fund	1.51%	—	Jul 2014	FIJWX vs CWFIX
SCFIX	Shenkman Capital Short Duration High Income Fund	1.64%	—	Oct 2012	FIJWX vs SCFIX
OSTIX	Osterweis Strategic Income Fund	1.70%	—	Aug 2002	FIJWX vs OSTIX

Lowest Drawdown Alternatives to FIJWX

FIJWX has a 1-year max drawdown of -1.67%. There are 20 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
RPHIX	RiverPark Short Term High Yield Fund	-0.10%	—	Sep 2010	FIJWX vs RPHIX
CCLFX	Cliffwater Corporate Lending Fund	-0.19%	—	Mar 2019	FIJWX vs CCLFX
XILSX	Pioneer ILS Interval Fund	-0.21%	—	Dec 2014	FIJWX vs XILSX
MDHVX	MainStay MacKay Short Duration High Yield Fund	-1.06%	—	Dec 2012	FIJWX vs MDHVX
SCFIX	Shenkman Capital Short Duration High Income Fund	-1.11%	—	Oct 2012	FIJWX 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
FXAIX	Fidelity 500 Index Fund	S&P 500	65	9.79%	—	Feb 1988	FIJWX vs FXAIX
FSELX	Fidelity Select Semiconductors Portfolio	Semiconductors, Technology Equities	96	89.12%	—	Jul 1985	FIJWX vs FSELX
FZROX	Fidelity ZERO Total Market Index Fund	Large Cap Blend Equities	65	10.41%	—	—	FIJWX vs FZROX
FSKAX	Fidelity Total Market Index Fund	Large Cap Blend Equities	64	10.43%	—	—	FIJWX vs FSKAX
FSPGX	Fidelity Large Cap Growth Index Fund	Large Cap Growth Equities	21	3.18%	—	—	FIJWX vs FSPGX
FBGRX	Fidelity Blue Chip Growth Fund	Large Cap Growth Equities	68	16.84%	—	Dec 1987	FIJWX vs FBGRX
FCNTX	Fidelity Contrafund	Large Cap Growth Equities	37	8.62%	176.32B	May 1967	FIJWX vs FCNTX
FNILX	Fidelity ZERO Large Cap Index Fund	Large Cap Blend Equities	62	9.63%	—	—	FIJWX vs FNILX
FSPSX	Fidelity International Index Fund	Foreign Large Cap Equities	39	10.74%	—	Nov 1997	FIJWX vs FSPSX
FTIHX	Fidelity Total International Index Fund	Foreign Large Cap Equities	66	15.70%	—	Jun 2016	FIJWX vs FTIHX

Often Compared With FIJWX

Investors most often compare FIJWX with PRFRX, FOCIX, SHYPX. These 6 comparison targets span 1 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
PRFRX	T. Rowe Price Floating Rate Fund	High Yield Bonds	96	0.95%	—	Jul 2011	FIJWX vs PRFRX
FOCIX	Fairholme Focused Income Fund	High Yield Bonds	36	6.37%	—	Dec 2009	FIJWX vs FOCIX
SHYPX	American Beacon SiM High Yld Opps Fund	High Yield Bonds	96	1.80%	—	Feb 2011	FIJWX vs SHYPX
FSHNX	Fidelity Series High Income Fund	High Yield Bonds	96	3.22%	—	Mar 2011	FIJWX vs FSHNX
JGH	Nuveen Global High Income Fund	High Yield Bonds	16	5.33%	—	Nov 2014	FIJWX vs JGH
SHOYX	American Beacon SiM High Yield Opportunities Fund ...	High Yield Bonds	96	1.95%	—	Feb 2011	FIJWX vs SHOYX

Compare FIJWX with Any Fund or Stock

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

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Diversifiers

Pair FIJWX with funds that move differently

Fidelity Advisor Short Duration High Income Fund Class Z alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FIJWX.

Explore FIJWX Diversifiers

Fidelity Advisor Short Duration High Income Fund Class Z (FIJWX) Alternatives