Fidelity Advisor Strategic Income Fund Class Z (FIWDX) belongs to the Total Bond Market category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FIWDX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FIWDX
FIWDX charges 0.61% annually. There are 65 mutual funds in the Total Bond Market category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Total Bond Market II Index Fund | 0.02% | — | — | FIWDX vs VTBNX | |
| Vanguard Total Bond Market Index Fund Institutiona... | 0.03% | 394.40B | Sep 1995 | FIWDX vs VBTIX | |
| Fidelity U.S. Bond Index Fund | 0.03% | — | Mar 1990 | FIWDX vs FXNAX | |
| Fidelity Short-Term Bond Index Fund | 0.03% | — | Oct 2017 | FIWDX vs FNSOX | |
| Vanguard Total Bond Market Index Fund Institutiona... | 0.03% | 394.40B | Feb 2010 | FIWDX vs VBMPX |
Best Risk-Adjusted Alternatives to FIWDX
FIWDX has a PortfoliosLab risk / return rank of 85. There are 5 mutual funds in the Total Bond Market category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Ultra-Short-Term Bond Fund Admiral Shares | 100 | — | Feb 2015 | FIWDX vs VUSFX | |
| Fidelity Conservative Income Bond Institutional Cl... | 100 | — | Mar 2011 | FIWDX vs FCNVX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | 99 | 15.70B | Feb 2015 | FIWDX vs VUBFX | |
| Fidelity Flex Conservative Income Bond Fund | 99 | — | May 2018 | FIWDX vs FJTDX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 99 | — | Oct 2008 | FIWDX vs JSOSX |
Top Performing FIWDX Alternatives (YTD)
FIWDX is at 3.23% YTD. No mutual funds in the Total Bond Market category have higher YTD returns; the top-performing alternatives shown here go as high as 3.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Strategic Income Fund | 3.12% | — | Oct 1994 | FIWDX vs FADMX | |
| Fidelity Advisor Strategic Income Fund Class M | 3.11% | — | Oct 1994 | FIWDX vs FSIAX | |
| Fidelity Advisor Strategic Income Fund Class I | 3.10% | — | Jul 1995 | FIWDX vs FSRIX | |
| Fidelity Advisor Strategic Income Fund Class A | 3.02% | — | Sep 1996 | FIWDX vs FSTAX | |
| Fidelity Advisor Strategic Income Fund Class C | 2.70% | — | Nov 1997 | FIWDX vs FSRCX |
Lowest Volatility Alternatives to FIWDX
FIWDX has 3.70% 1-year volatility. There are 39 mutual funds in the Total Bond Market category with lower 1-year volatility, going as low as 0.60%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Ultra-Short-Term Bond Fund Admiral Shares | 0.60% | — | Feb 2015 | FIWDX vs VUSFX | |
| JPMorgan Strategic Income Opportunities Fund Class... | 0.68% | — | Oct 2008 | FIWDX vs JSOSX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | 0.78% | 15.70B | Feb 2015 | FIWDX vs VUBFX | |
| Fidelity Conservative Income Bond Institutional Cl... | 1.18% | — | Mar 2011 | FIWDX vs FCNVX | |
| Fidelity Flex Conservative Income Bond Fund | 1.27% | — | May 2018 | FIWDX vs FJTDX |
Lowest Drawdown Alternatives to FIWDX
FIWDX has a 1-year max drawdown of -2.61%. There are 28 mutual funds in the Total Bond Market category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Conservative Income Bond Institutional Cl... | -0.10% | — | Mar 2011 | FIWDX vs FCNVX | |
| Fidelity Flex Conservative Income Bond Fund | -0.10% | — | May 2018 | FIWDX vs FJTDX | |
| Vanguard Ultra-Short-Term Bond Fund Admiral Shares | -0.25% | — | Feb 2015 | FIWDX vs VUSFX | |
| JPMorgan Strategic Income Opportunities Fund Class... | -0.26% | — | Oct 2008 | FIWDX vs JSOSX | |
| Vanguard Ultra-Short-Term Bond Fund Investor Share... | -0.30% | 15.70B | Feb 2015 | FIWDX vs VUBFX |
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 | 55 | 8.11% | — | Feb 1988 | FIWDX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 94 | 74.97% | — | Jul 1985 | FIWDX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 56 | 8.84% | — | — | FIWDX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 55 | 8.88% | — | — | FIWDX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 16 | 1.40% | — | — | FIWDX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 58 | 13.72% | — | Dec 1987 | FIWDX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 31 | 7.31% | 176.32B | May 1967 | FIWDX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 51 | 7.91% | — | — | FIWDX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 32 | 8.29% | — | Nov 1997 | FIWDX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 52 | 12.53% | — | Jun 2016 | FIWDX vs FTIHX |
Often Compared With FIWDX
Investors most often compare FIWDX with FBKWX, FGRIX, FBCG. These 20 comparison targets span 10 categories, based on PortfoliosLab usage data.
Compare FIWDX with Any Fund or Stock
Compare FIWDX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FIWDX with funds that move differently
Fidelity Advisor Strategic Income Fund Class Z alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FIWDX.
Explore FIWDX Diversifiers