Fidelity Advisor Strategic Dividend & Income Fund Class Z (FIQWX) 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 FIQWX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FIQWX
FIQWX charges 0.59% annually. There are 225 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 | FIQWX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | FIQWX vs PALDX | |
| Vanguard Balanced Index Fund Institutional Shares | 0.04% | 63.70B | Dec 2000 | FIQWX vs VBAIX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | FIQWX vs TSAIX | |
| Fidelity Sustainable Multi-Asset Fund | 0.05% | — | Feb 2022 | FIQWX vs FYMIX |
Best Risk-Adjusted Alternatives to FIQWX
FIQWX has a PortfoliosLab risk / return rank of 91. There are 26 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 | FIQWX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | FIQWX vs TIBIX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | FIQWX vs NWQIX | |
| Davis Appreciation & Income Fund | 95 | — | Apr 1992 | FIQWX vs RPFCX | |
| Fidelity Strategic Real Return Fund | 95 | — | Sep 2005 | FIQWX vs FSRRX |
Top Performing FIQWX Alternatives (YTD)
FIQWX is at 13.50% YTD. There are 14 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 | FIQWX vs EKBAX | |
| ICON Equity Income Fund | 20.77% | — | May 2004 | FIQWX vs IOEZX | |
| Thornburg Investment Income Builder Fund Class I | 17.74% | — | Dec 2002 | FIQWX vs TIBIX | |
| Greenspring Fund | 16.72% | — | Jun 1983 | FIQWX vs GRSPX | |
| Bruce Fund | 16.02% | — | Mar 1968 | FIQWX vs BRUFX |
Lowest Volatility Alternatives to FIQWX
FIQWX has 8.40% 1-year volatility. There are 235 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 | FIQWX vs STDAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.81% | — | Nov 2003 | FIQWX vs SICIX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.91% | — | Apr 2012 | FIQWX vs SCLAX | |
| Ave Maria Bond Fund | 3.00% | — | Apr 2003 | FIQWX vs AVEFX | |
| American Funds College 2027 Fund | 3.11% | — | Sep 2012 | FIQWX vs CSTAX |
Lowest Drawdown Alternatives to FIQWX
FIQWX has a 1-year max drawdown of -5.78%. There are 201 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 | FIQWX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | FIQWX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | FIQWX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | FIQWX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | FIQWX vs CSTAX |
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 | 64 | 9.35% | — | Feb 1988 | FIQWX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 80 | 48.22% | — | Jul 1985 | FIQWX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 64 | 9.94% | — | — | FIQWX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 63 | 9.87% | — | — | FIQWX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 11 | -0.52% | — | — | FIQWX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 40 | 10.15% | — | Dec 1987 | FIQWX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 28 | 5.62% | 176.32B | May 1967 | FIQWX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 59 | 9.06% | — | — | FIQWX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 70 | 12.57% | — | Nov 1997 | FIQWX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 73 | 12.99% | — | Jun 2016 | FIQWX vs FTIHX |
Often Compared With FIQWX
Investors most often compare FIQWX with BWBIX, QBDSX, BLNDX. These 16 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare FIQWX with Any Fund or Stock
Compare FIQWX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FIQWX with funds that move differently
Fidelity Advisor Strategic Dividend & Income Fund Class Z alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FIQWX.
Explore FIQWX Diversifiers