Fidelity Advisor High Income Advantage Fund Class Z (FIQTX) Alternatives
Fidelity Advisor High Income Advantage Fund Class Z (FIQTX) 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 FIQTX. 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 FIQTX
FIQTX charges 0.64% annually. Among mutual funds in the High Yield Bonds category, these options have the lowest expense ratios among FIQTX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | Dec 24, 2008 | FIQTX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.13% | Nov 12, 2001 | FIQTX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | Dec 26, 2017 | FIQTX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.23% | Dec 27, 1978 | FIQTX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | Nov 22, 2020 | FIQTX vs CRDOX |
Best Risk-Adjusted Alternatives to FIQTX
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 | FIQTX vs XILSX | |
| Cliffwater Corporate Lending Fund | 100 | Mar 6, 2019 | FIQTX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 99 | Sep 30, 2010 | FIQTX vs RPHIX | |
| T. Rowe Price Floating Rate Fund | 99 | Jul 29, 2011 | FIQTX vs PRFRX | |
| T. Rowe Price Credit Opportunities Fund | 98 | Apr 29, 2014 | FIQTX vs PRCPX |
Top Performing FIQTX Alternatives (YTD)
FIQTX alternatives from the High Yield Bonds category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Fairholme Focused Income Fund | 6.09% | Dec 31, 2009 | FIQTX vs FOCIX | |
| Pioneer ILS Interval Fund | 6.00% | Dec 16, 2014 | FIQTX vs XILSX | |
| Franklin Templeton SMACS: Series I | 1.02% | Jun 3, 2019 | FIQTX vs FQTIX | |
| Cliffwater Corporate Lending Fund | 0.96% | Mar 6, 2019 | FIQTX vs CCLFX | |
| Nuveen Global High Income Fund | 0.85% | Nov 24, 2014 | FIQTX vs JGH |
Lowest Volatility Alternatives to FIQTX
FIQTX alternatives from the High Yield Bonds category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Cliffwater Corporate Lending Fund | 0.97% | Mar 6, 2019 | FIQTX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 1.02% | Sep 30, 2010 | FIQTX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.74% | Jul 15, 2014 | FIQTX vs CWFIX | |
| Changing Parameters Fund | 1.90% | Oct 2, 2006 | FIQTX vs CPMPX | |
| Shenkman Capital Short Duration High Income Fund | 1.96% | Oct 31, 2012 | FIQTX vs SCFIX |
Lowest Drawdown Alternatives to FIQTX
FIQTX 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 | FIQTX vs XILSX | |
| Cliffwater Corporate Lending Fund | -0.38% | Mar 6, 2019 | FIQTX vs CCLFX | |
| RiverPark Short Term High Yield Fund | -0.41% | Sep 30, 2010 | FIQTX vs RPHIX | |
| Toews Tactical Income Fund | -1.12% | Jun 4, 2010 | FIQTX vs THHYX | |
| Changing Parameters Fund | -1.31% | Oct 2, 2006 | FIQTX 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 | 60 | -4.34% | Feb 17, 1988 | FIQTX vs FXAIX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 60 | -3.98% | — | FIQTX vs FZROX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 41 | -9.77% | — | FIQTX vs FSPGX | |
| Fidelity Select Semiconductors Portfolio | Technology Equities | 96 | 7.19% | Jul 29, 1985 | FIQTX vs FSELX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 59 | -3.98% | — | FIQTX vs FSKAX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 71 | -7.12% | Dec 31, 1987 | FIQTX vs FBGRX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 59 | -4.59% | — | FIQTX vs FNILX | |
| Fidelity Contrafund Fund | Large Cap Growth Equities | 62 | -5.35% | May 17, 1967 | FIQTX vs FCNTX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 76 | 0.95% | Nov 5, 1997 | FIQTX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 86 | 1.79% | Jun 7, 2016 | FIQTX vs FTIHX |
Often Compared With FIQTX
What investors most often compare with FIQTX, based on PortfoliosLab usage data.
Compare FIQTX with Any Fund or Stock
Compare FIQTX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.