- ISIN
- US3159128327
- Issuer
- Fidelity
- Inception Date
- Sep 7, 2005
- Category
- Diversified Portfolio
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
FSIRX Performance Chart
Fidelity Advisor Strategic Real Return Fund Class I (FSIRX) is up 7.0% since the beginning of the year. FSIRX is currently trading at $9 per share. Investors who bought $1,000 worth of FSIRX shares 5 years ago would now be looking at an investment worth $1,309.
Loading charts...
Compare this symbol against anything
Returns By Period
Fidelity Advisor Strategic Real Return Fund Class I (FSIRX) has returned 7.04% so far this year and 13.22% over the past 12 months. Over the last ten years, FSIRX has returned 5.47% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
Fidelity Advisor Strategic Real Return Fund Class I
- 1D
- 0.00%
- 1M
- 0.75%
- 6M
- 3.41%
- YTD
- 7.04%
- 1Y
- 13.22%
- 3Y*
- 8.16%
- 5Y*
- 5.54%
- 10Y*
- 5.47%
- ALL TIME*
- 4.08%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
FSIRX Monthly Returns History
Based on dividend-adjusted daily data since Sep 9, 2005, FSIRX's average daily return is +0.02%, while the average monthly return is +0.36%. At this rate, an investment would double in approximately 16.1 years.
Historically, 63% of months were positive and 37% were negative. The best month was Apr 2009 with a return of +6.1%, while the worst month was Oct 2008 at -16.0%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.
On a daily basis, FSIRX closed higher 47% of trading days. The best single day was Mar 26, 2020 with a return of +2.6%, while the worst single day was Mar 18, 2020 at -4.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.51% | 2.74% | -0.21% | 2.26% | -0.21% | -2.10% | 0.97% | 7.04% | |||||
| 2025 | 1.79% | 0.82% | 0.58% | -1.76% | 1.07% | 1.64% | 0.30% | 2.09% | 1.25% | 0.39% | 1.36% | 0.45% | 10.38% |
| 2024 | -0.60% | 0.12% | 2.42% | -0.50% | 2.15% | -0.12% | 1.20% | 0.70% | 1.86% | -0.92% | 1.40% | -1.94% | 5.83% |
| 2023 | 3.22% | -2.43% | -0.12% | 0.71% | -3.08% | 2.57% | 2.59% | -0.59% | -1.42% | -1.57% | 2.49% | 2.38% | 4.58% |
| 2022 | 0.00% | 1.07% | 3.40% | -1.26% | -0.42% | -6.71% | 4.41% | -0.76% | -6.46% | 2.97% | 2.98% | -1.91% | -3.34% |
| 2021 | 0.71% | 2.22% | 0.46% | 3.77% | 1.32% | 1.09% | 1.78% | 0.21% | -0.11% | 2.57% | -1.83% | 2.77% | 15.89% |
Benchmark Metrics
Fidelity Advisor Strategic Real Return Fund Class I has an annualized alpha of 1.83%, beta of 0.23, and R2 of 0.42 versus S&P 500 Index. Calculated based on daily prices since September 09, 2005.
- This fund participated in 40.39% of S&P 500 Index downside but only 34.60% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.23 may look defensive, but with R2 of 0.42 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.42 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 1.83%
- Beta
- 0.23
- R²
- 0.42
- Upside Capture
- 34.60%
- Downside Capture
- 40.39%
Expense Ratio
FSIRX has an expense ratio of 0.70%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FSIRX ranks 91 for risk / return — above 91% of mutual funds peers on PortfoliosLab. Its historical combined result is among the stronger results in the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Fidelity Advisor Strategic Real Return Fund Class I (FSIRX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FSIRX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.13 | ||
| Sortino ratioReturn per unit of downside risk | +1.48 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.25 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 3.61 | 2.00 | +1.61 |
| Martin ratioReturn relative to average drawdown | 11.63 | 8.49 | +3.14 |
Dividends
Dividend History
Fidelity Advisor Strategic Real Return Fund Class I provided a 3.23% dividend yield over the last twelve months, with an annual payout of $0.30 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.30 | $0.42 | $0.40 | $0.44 | $0.61 | $0.50 | $0.19 | $0.26 | $0.74 | $0.23 | $0.21 | $0.14 |
Dividend yield | 3.23% | 4.72% | 4.80% | 5.28% | 7.33% | 5.37% | 2.23% | 3.09% | 9.42% | 2.63% | 2.37% | 1.75% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Strategic Real Return Fund Class I. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.04 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.13 | $0.00 | $0.13 | $0.42 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.00 | $0.13 | $0.40 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.15 | $0.00 | $0.13 | $0.44 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.41 | $0.00 | $0.10 | $0.61 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.37 | $0.00 | $0.07 | $0.50 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Advisor Strategic Real Return Fund Class I. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Advisor Strategic Real Return Fund Class I was 33.39%, occurring on Mar 9, 2009. Recovery took 401 trading sessions.
The current Fidelity Advisor Strategic Real Return Fund Class I drawdown is 2.28%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-33.39%Mar 2009 | 8mo 5d | 1y 7mo | 2y 3moJul 2008 - Oct 2010 | Financial crisis2007–2009 |
-19.98%Mar 2020 | 2mo 1d | 7mo 28d | 9mo 29dJan 2020 - Nov 2020 | COVID crash2020 |
-15.09%Feb 2016 | 1y 7mo | 2y 3mo | 3y 10moJun 2014 - May 2018 | — |
-12.82%Sep 2022 | 5mo 11d | 1y 10mo | 2y 4moApr 2022 - Aug 2024 | Bear market2022 |
-7.95%Oct 2011 | 5mo 4d | 3mo 25d | 8mo 29dMay 2011 - Jan 2012 | — |
Drawdown Indicators
| FSIRX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.39% | -56.78% | +23.39% |
Max Drawdown (1Y)Largest decline over 1 year | -3.53% | -9.10% | +5.57% |
Max Drawdown (3Y)Largest decline over 3 years | -5.81% | -18.90% | +13.09% |
Max Drawdown (5Y)Largest decline over 5 years | -12.82% | -25.43% | +12.61% |
Max Drawdown (10Y)Largest decline over 10 years | -19.98% | -33.92% | +13.94% |
Current DrawdownCurrent decline from peak | -2.28% | -1.58% | -0.70% |
Average DrawdownAverage peak-to-trough decline | -4.15% | -10.70% | +6.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.09% | 2.14% | -1.05% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with FSIRX
Add Fidelity Advisor Strategic Real Return Fund Class I to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with FSIRX