Fidelity Advisor Strategic Real Return Fund Class A (FSRAX) 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 FSRAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FSRAX
FSRAX charges 0.95% annually. There are 389 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 | FSRAX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | FSRAX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | FSRAX vs TSAIX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | FSRAX vs BWBIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | FSRAX vs VTMFX |
Best Risk-Adjusted Alternatives to FSRAX
FSRAX has a PortfoliosLab risk / return rank of 83. There are 30 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 | FSRAX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | FSRAX vs TIBIX | |
| Nuveen Flexible Income Fund | 96 | — | Dec 2009 | FSRAX vs NWQIX | |
| Pioneer Balanced ESG Fund | 94 | — | Dec 1991 | FSRAX vs AYBLX | |
| Victory Pioneer Balanced Fund Class A | 94 | — | Dec 1991 | FSRAX vs AOBLX |
Top Performing FSRAX Alternatives (YTD)
FSRAX is at 6.05% YTD. There are 246 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 34.11%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 34.11% | — | Jan 1998 | FSRAX vs EKBAX | |
| MH Elite Small Cap Fund of Funds Fund | 20.86% | — | Aug 1998 | FSRAX vs MHELX | |
| Greenspring Fund | 20.56% | — | Jun 1983 | FSRAX vs GRSPX | |
| Thornburg Investment Income Builder Fund Class I | 16.73% | — | Dec 2002 | FSRAX vs TIBIX | |
| ICON Equity Income Fund | 13.66% | — | May 2004 | FSRAX vs IOEZX |
Lowest Volatility Alternatives to FSRAX
FSRAX has 4.92% 1-year volatility. There are 45 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.85% | — | Nov 2003 | FSRAX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.84% | — | Apr 2012 | FSRAX vs SCLAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.85% | — | Nov 2003 | FSRAX vs SICIX | |
| Ave Maria Bond Fund | 2.99% | — | Apr 2003 | FSRAX vs AVEFX | |
| American Funds College 2027 Fund | 3.14% | — | Sep 2012 | FSRAX vs CSTAX |
Lowest Drawdown Alternatives to FSRAX
FSRAX has a 1-year max drawdown of -3.12%. There are 17 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 | FSRAX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | FSRAX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | FSRAX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | FSRAX vs SICIX | |
| American Funds College 2027 Fund | -2.72% | — | Sep 2012 | FSRAX 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 | 52 | 8.21% | — | Feb 1988 | FSRAX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 94 | 75.83% | — | Jul 1985 | FSRAX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 52 | 8.88% | — | — | FSRAX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 52 | 8.93% | — | — | FSRAX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 16 | 1.51% | — | — | FSRAX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 54 | 13.83% | — | Dec 1987 | FSRAX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 30 | 7.14% | 176.32B | May 1967 | FSRAX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 49 | 8.03% | — | — | FSRAX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 31 | 8.45% | — | Nov 1997 | FSRAX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 49 | 12.47% | — | Jun 2016 | FSRAX vs FTIHX |
Often Compared With FSRAX
Investors most often compare FSRAX with VYM, TLRIX, IWM. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare FSRAX with Any Fund or Stock
Compare FSRAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FSRAX with funds that move differently
Fidelity Advisor Strategic Real Return Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FSRAX.
Explore FSRAX Diversifiers