Fidelity SAI High Income Fund (FSHGX) 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 FSHGX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FSHGX
FSHGX charges 0.60% annually. There are 38 mutual funds in the High Yield Bonds category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Western Asset Global High Income Fund Inc | 0.02% | — | Jan 2010 | FSHGX vs EHI | |
| Western Asset High Income Opportunity Fund Inc | 0.02% | — | Jan 2009 | FSHGX vs HIO | |
| Western Asset High Yield Opportunity Fund Inc | 0.02% | — | Jul 2010 | FSHGX vs HYI | |
| PGIM High Yield Bond Fund | 0.02% | — | Apr 2012 | FSHGX vs ISD | |
| First Trust High Yield Opportunities 2027 Term Fun... | 0.02% | — | Jun 2020 | FSHGX vs FTHY |
Best Risk-Adjusted Alternatives to FSHGX
FSHGX has a PortfoliosLab risk / return rank of 87. There are 30 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 | FSHGX vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | 100 | — | Jun 2019 | FSHGX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 99 | — | Sep 2010 | FSHGX vs RPHIX | |
| Penn Capital Short Duration High Income Fund | 97 | — | Jul 2017 | FSHGX vs PSHNX | |
| Chartwell Short Duration High Yield Fund | 97 | — | Jul 2014 | FSHGX vs CWFIX |
Top Performing FSHGX Alternatives (YTD)
FSHGX is at 2.59% YTD. There are 21 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 | FSHGX vs XILSX | |
| Fairholme Focused Income Fund | 10.04% | — | Dec 2009 | FSHGX vs FOCIX | |
| RiverNorth Capital and Income Fund | 8.00% | — | — | FSHGX vs RSF | |
| Nuveen Floating Rate Income Fund | 6.22% | — | Mar 2004 | FSHGX vs JFR | |
| Fidelity Capital & Income Fund | 5.94% | — | Nov 1977 | FSHGX vs FAGIX |
Lowest Volatility Alternatives to FSHGX
FSHGX has 3.45% 1-year volatility. There are 128 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 | FSHGX vs CCLFX | |
| RiverPark Short Term High Yield Fund | 0.86% | — | Sep 2010 | FSHGX vs RPHIX | |
| Chartwell Short Duration High Yield Fund | 1.51% | — | Jul 2014 | FSHGX vs CWFIX | |
| Shenkman Capital Short Duration High Income Fund | 1.69% | — | Oct 2012 | FSHGX vs SCFIX | |
| Osterweis Strategic Income Fund | 1.77% | — | Aug 2002 | FSHGX vs OSTIX |
Lowest Drawdown Alternatives to FSHGX
FSHGX has a 1-year max drawdown of -2.31%. There are 73 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 | FSHGX vs XILSX | |
| Cliffwater Corporate Lending Fund Class I Shares | -0.19% | — | Jun 2019 | FSHGX vs CCLFX | |
| RiverPark Short Term High Yield Fund | -0.21% | — | Sep 2010 | FSHGX vs RPHIX | |
| MainStay MacKay Short Duration High Yield Fund | -1.06% | — | Dec 2012 | FSHGX vs MDHVX | |
| Shenkman Capital Short Duration High Income Fund | -1.11% | — | Oct 2012 | FSHGX vs SCFIX |
Other Mutual Funds from Fidelity
The 10 most viewed Fidelity mutual funds shown here include FXAIX, FSELX, FZROX and span 7 categories. AUM among these funds goes as high as $437B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 59 | 10.13% | — | Feb 1988 | FSHGX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 80 | 49.63% | — | Jul 1985 | FSHGX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 59 | 10.58% | — | — | FSHGX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 58 | 10.51% | — | — | FSHGX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 10 | 0.30% | — | — | FSHGX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 35 | 11.25% | — | Dec 1987 | FSHGX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 23 | 6.89% | 176.32B | May 1967 | FSHGX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 54 | 9.84% | — | — | FSHGX vs FNILX | |
| Fidelity Government Money Market Fund | Money Market | — | 1.64% | 437.41B | Feb 1990 | FSHGX vs SPAXX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 64 | 11.79% | — | Nov 1997 | FSHGX vs FSPSX |
Often Compared With FSHGX
Investors most often compare FSHGX with FSHNX, HYG, HYGV. These 20 comparison targets span 8 categories, based on PortfoliosLab usage data.
Compare FSHGX with Any Fund or Stock
Compare FSHGX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FSHGX with funds that move differently
Fidelity SAI High Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FSHGX.
Explore FSHGX Diversifiers