- ISIN
- US3160693848
- Issuer
- BlackRock
- Inception Date
- Oct 2, 2018
- Category
- Diversified Portfolio
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
FIKYX Performance Chart
Fidelity Advisor Asset Manager 40% Fund Class Z (FIKYX) is up 7.2% since the beginning of the year. FIKYX is currently trading at $15 per share. Investors who bought $1,000 worth of FIKYX shares 5 years ago would now be looking at an investment worth $1,316.
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Returns By Period
Fidelity Advisor Asset Manager 40% Fund Class Z (FIKYX) has returned 7.17% so far this year and 17.28% over the past 12 months.
Fidelity Advisor Asset Manager 40% Fund Class Z
- 1D
- 0.20%
- 1M
- 2.46%
- YTD
- 7.17%
- 6M
- 7.72%
- 1Y
- 17.28%
- 3Y*
- 11.70%
- 5Y*
- 5.64%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
FIKYX Monthly Returns History
Based on dividend-adjusted daily data since Oct 4, 2018, FIKYX's average daily return is +0.03%, while the average monthly return is +0.61%. At this rate, an investment would double in approximately 9.5 years.
Historically, 69% of months were positive and 31% were negative. The best month was Apr 2020 with a return of +6.3%, while the worst month was Mar 2020 at -7.8%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 6 months.
On a daily basis, FIKYX closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +3.6%, while the worst single day was Mar 16, 2020 at -4.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.99% | 1.60% | -3.64% | 4.97% | 2.04% | 0.20% | 7.17% | ||||||
| 2025 | 1.78% | 0.53% | -1.81% | 0.41% | 2.31% | 3.01% | 0.40% | 1.69% | 2.09% | 1.43% | 0.28% | 0.51% | 13.29% |
| 2024 | 0.16% | 1.37% | 1.67% | -2.53% | 2.34% | 1.18% | 1.75% | 1.62% | 1.59% | -2.06% | 2.45% | -1.23% | 8.47% |
| 2023 | 4.73% | -2.51% | 2.23% | 1.00% | -1.09% | 2.03% | 1.52% | -1.56% | -3.00% | -1.90% | 5.91% | 4.04% | 11.48% |
| 2022 | -3.08% | -1.63% | -0.30% | -4.83% | -0.32% | -4.38% | 4.37% | -2.48% | -5.83% | 1.78% | 4.84% | -1.94% | -13.52% |
| 2021 | -0.38% | 0.76% | 0.38% | 2.68% | 0.51% | 1.17% | 0.87% | 1.15% | -1.91% | 2.29% | -1.21% | 1.58% | 8.08% |
Benchmark Metrics
Fidelity Advisor Asset Manager 40% Fund Class Z has an annualized alpha of 1.67%, beta of 0.39, and R2 of 0.84 versus S&P 500 Index. Calculated based on daily prices since October 05, 2018.
- This fund participated in 53.03% of S&P 500 Index downside but only 44.22% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.39 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 1.67%
- Beta
- 0.39
- R²
- 0.84
- Upside Capture
- 44.22%
- Downside Capture
- 53.03%
Expense Ratio
FIKYX has an expense ratio of 0.50%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FIKYX ranks 79 for risk / return — better than 79% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Advisor Asset Manager 40% Fund Class Z (FIKYX) and compare them to S&P 500 Index.
| FIKYX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.67 | 2.24 | +0.43 |
Sortino ratioReturn per unit of downside risk | 3.84 | 3.07 | +0.76 |
Omega ratioGain probability vs. loss probability | 1.52 | 1.41 | +0.12 |
Calmar ratioReturn relative to maximum drawdown | 3.40 | 2.93 | +0.48 |
Martin ratioReturn relative to average drawdown | 14.79 | 13.52 | +1.26 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Fidelity Advisor Asset Manager 40% Fund Class Z provided a 3.70% dividend yield over the last twelve months, with an annual payout of $0.56 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.56 | $0.56 | $0.50 | $0.32 | $0.66 | $0.33 | $0.32 | $0.45 | $0.40 |
Dividend yield | 3.70% | 4.00% | 3.87% | 2.54% | 5.78% | 2.39% | 2.39% | 3.71% | 3.72% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Asset Manager 40% Fund Class Z. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.00 | $0.31 | $0.56 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.26 | $0.50 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.11 | $0.32 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.11 | $0.00 | $0.47 | $0.66 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.08 | $0.00 | $0.19 | $0.33 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Advisor Asset Manager 40% Fund Class Z. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Advisor Asset Manager 40% Fund Class Z was 18.49%, occurring on Oct 14, 2022. Recovery took 424 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -18.49%Oct 2022 | 11mo 8d | 1y 8mo | 2y 7moNov 2021 - Jun 2024 |
COVID crash2020 | -18.18%Mar 2020 | 1mo 2d | 3mo 24d | 4mo 26dFeb 2020 - Jul 2020 |
2025 selloff2025 | -7.36%Apr 2025 | 1mo 18d | 1mo 8d | 2mo 26dFeb 2025 - May 2025 |
Rate-hike selloffLate 2018 | -7.32%Dec 2018 | 2mo 20d | 2mo | 4mo 20dOct 2018 - Feb 2019 |
2026 pullback2026 | -5.20%Mar 2026 | 29d | 19d | 1mo 18dFeb 2026 - Apr 2026 |
Drawdown Indicators
| FIKYX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.49% | -56.78% | +38.29% |
Max Drawdown (1Y)Largest decline over 1 year | -5.20% | -9.10% | +3.90% |
Max Drawdown (3Y)Largest decline over 3 years | -7.36% | -18.90% | +11.54% |
Max Drawdown (5Y)Largest decline over 5 years | -18.49% | -25.43% | +6.94% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | 0.00% | -0.74% | +0.74% |
Average DrawdownAverage peak-to-trough decline | -3.76% | -10.72% | +6.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.20% | 1.97% | -0.77% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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