Fidelity Short Duration High Income Fund (FSAHX) 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 FSAHX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FSAHX
FSAHX charges 0.75% annually. There are 72 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Federated Hermes High-Yield Strategy Portfolio | 0.02% | — | Dec 2008 | FSAHX vs FHYSX | |
| Vanguard High-Yield Corporate Fund Admiral Shares | 0.12% | 25.80B | Nov 2001 | FSAHX vs VWEAX | |
| PIA High Yield (MACS) Fund | 0.20% | — | Dec 2017 | FSAHX vs PIAMX | |
| Vanguard High-Yield Corporate Fund Investor Shares | 0.22% | 25.80B | Dec 1978 | FSAHX vs VWEHX | |
| Six Circles Credit Opportunities Fund | 0.29% | — | Nov 2020 | FSAHX vs CRDOX |
Best Risk-Adjusted Alternatives to FSAHX
FSAHX has a PortfoliosLab risk / return rank of 94. There are 13 mutual funds in the High Yield Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 100 | — | Dec 2014 | FSAHX vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | 100 | — | Jun 2019 | FSAHX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 100 | — | Sep 2010 | FSAHX vs RPHIX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | FSAHX vs PSHNX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | FSAHX vs CWFIX |
Top Performing FSAHX Alternatives (YTD)
FSAHX is at 2.65% YTD. There are 27 mutual funds in the High Yield Bonds category with higher YTD returns, going as high as 10.56%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | 10.56% | — | Dec 2014 | FSAHX vs XILSX | |
| Fairholme Focused Income Fund | 9.97% | — | Dec 2009 | FSAHX vs FOCIX | |
| Fidelity Capital & Income Fund | 6.70% | — | Nov 1977 | FSAHX vs FAGIX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.15% | — | Oct 2018 | FSAHX vs FIQTX | |
| Fidelity Advisor High Income Advantage Fund Class ... | 6.09% | — | Jul 1995 | FSAHX vs FAHCX |
Lowest Volatility Alternatives to FSAHX
FSAHX has 2.97% 1-year volatility. There are 66 mutual funds in the High Yield Bonds category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Cliffwater Corporate Lending Fund Class I Shares | 0.85% | — | Jun 2019 | FSAHX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.86% | — | Sep 2010 | FSAHX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.52% | — | Jul 2014 | FSAHX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.70% | — | Oct 2012 | FSAHX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.78% | — | Aug 2002 | FSAHX vs OSTIX |
Lowest Drawdown Alternatives to FSAHX
FSAHX has a 1-year max drawdown of -1.78%. There are 30 mutual funds in the High Yield Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer ILS Interval Fund | -0.10% | — | Dec 2014 | FSAHX vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | -0.19% | — | Jun 2019 | FSAHX vs CCLFX | |
| RiverPark Short Term High Yield Fund | -0.21% | — | Sep 2010 | FSAHX vs RPHIX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | FSAHX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | FSAHX vs SCFIX |
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 | 75 | 11.76% | — | Feb 1988 | FSAHX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 82 | 51.40% | — | Jul 1985 | FSAHX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 76 | 12.27% | — | — | FSAHX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 75 | 12.20% | — | — | FSAHX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 17 | 2.47% | — | — | FSAHX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 49 | 13.81% | — | Dec 1987 | FSAHX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 33 | 9.08% | 176.32B | May 1967 | FSAHX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 72 | 11.48% | — | — | FSAHX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 64 | 12.40% | — | Nov 1997 | FSAHX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 71 | 13.68% | — | Jun 2016 | FSAHX vs FTIHX |
Often Compared With FSAHX
Investors most often compare FSAHX with FFRHX, FCBFX, FIBUX. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.
Compare FSAHX with Any Fund or Stock
Compare FSAHX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FSAHX with funds that move differently
Fidelity Short Duration High Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FSAHX.
Explore FSAHX Diversifiers