Fidelity Advisor Asset Manager 60% Fund Class Z (FIQAX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FIQAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FIQAX
FIQAX charges 0.62% annually. There are 254 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | FIQAX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | FIQAX vs PALDX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 63.70B | Dec 2000 | FIQAX vs VBAIX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | FIQAX vs TSAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | FIQAX vs BWBIX |
Best Risk-Adjusted Alternatives to FIQAX
FIQAX has a PortfoliosLab risk / return rank of 70. There are 170 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | FIQAX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | FIQAX vs TIBIX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | FIQAX vs NWQIX | |
| Davis Appreciation & Income Fund | 95 | — | Apr 1992 | FIQAX vs RPFCX | |
| Fidelity Strategic Real Return Fund | 95 | — | Sep 2005 | FIQAX vs FSRRX |
Top Performing FIQAX Alternatives (YTD)
FIQAX is at 8.86% YTD. There are 116 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 29.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 29.12% | — | Jan 1998 | FIQAX vs EKBAX | |
| ICON Equity Income Fund | 20.77% | — | May 2004 | FIQAX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 17.74% | — | Dec 2002 | FIQAX vs TIBIX | |
| Greenspring Fund | 16.72% | — | Jun 1983 | FIQAX vs GRSPX | |
| Bruce Fund | 16.02% | — | Mar 1968 | FIQAX vs BRUFX |
Lowest Volatility Alternatives to FIQAX
FIQAX has 10.21% 1-year volatility. There are 384 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.86%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.86% | — | Nov 2003 | FIQAX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.81% | — | Nov 2003 | FIQAX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.91% | — | Apr 2012 | FIQAX vs SCLAX | |
| Ave Maria Bond Fund | 3.00% | — | Apr 2003 | FIQAX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | FIQAX vs CSTAX |
Lowest Drawdown Alternatives to FIQAX
FIQAX has a 1-year max drawdown of -7.05%. There are 353 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | FIQAX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | FIQAX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | FIQAX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | FIQAX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | FIQAX vs CSTAX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 10 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| BlackRock ESG Capital Allocation Term Trust | Tactical Allocation, Derivative Income, ESG | 29 | 10.45% | — | Sep 2021 | FIQAX vs ECAT | |
| iShares S&P 500 Index Fund Class K | S&P 500 | 63 | 9.34% | — | Jul 1993 | FIQAX vs WFSPX | |
| BlackRock Global Equity Market Neutral Fund Class ... | Equity Market Neutral | 97 | 12.04% | — | Dec 2012 | FIQAX vs BDMIX | |
| BlackRock LifePath Index 2055 Fund - Institutional... | Target Retirement Date | 70 | 11.03% | — | May 2011 | FIQAX vs LIVIX | |
| BlackRock Enhanced Equity Dividend Trust | Derivative Income | 64 | 8.08% | — | Aug 2005 | FIQAX vs BDJ | |
| BlackRock Technology Opportunities Fund Investor A | Technology Equities | 30 | 22.08% | — | May 2000 | FIQAX vs BGSAX | |
| BlackRock Global Equity Market Neutral Fund Invest... | Equity Market Neutral | 97 | 11.82% | — | Dec 2012 | FIQAX vs BDMAX | |
| BlackRock Equity Dividend Fund | Large Cap Value Equities | 87 | 15.65% | — | Nov 1988 | FIQAX vs MADVX | |
| BlackRock Strategic Income Opportunities Fund Clas... | Total Bond Market | 64 | 1.03% | — | Feb 2008 | FIQAX vs BSIIX | |
| BlackRock High Yield K | High Yield Bonds | 78 | 1.22% | — | Jan 2001 | FIQAX vs BRHYX |
Often Compared With FIQAX
Investors most often compare FIQAX with FCSRX, NASDX, FIQDX. These 20 comparison targets span 7 categories, based on PortfoliosLab usage data.
Compare FIQAX with Any Fund or Stock
Compare FIQAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FIQAX with funds that move differently
Fidelity Advisor Asset Manager 60% Fund Class Z alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FIQAX.
Explore FIQAX Diversifiers