Fidelity Advisor Intermediate Municipal Income Fund Class A (FZIAX) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FZIAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FZIAX
FZIAX charges 0.64% annually. There are 254 mutual funds in the Municipal Bonds category with lower expense ratios, going as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Western Asset SMASh Series TF Fund | 0.01% | — | Dec 2015 | FZIAX vs LSMSX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | FZIAX vs VTMFX | |
| Nuveen Municipal Total Return Managed Accounts | 0.05% | — | May 2007 | FZIAX vs NMTRX | |
| Federated Hermes Conservative Municipal Microshort... | 0.05% | — | Feb 2021 | FZIAX vs FHMIX | |
| Strategic Advisers Municipal Bond Fund | 0.06% | — | Jun 2021 | FZIAX vs FSMUX |
Best Risk-Adjusted Alternatives to FZIAX
FZIAX has a PortfoliosLab risk / return rank of 65. There are 423 mutual funds in the Municipal Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short Term Municipal Bond Portfolio | 100 | — | Aug 2002 | FZIAX vs DFSMX | |
| DFA Short-Term Selective State Municipal Bond Port... | 100 | — | Apr 2022 | FZIAX vs DFABX | |
| abrdn Ultra Short Municipal Income Fund | 99 | — | Dec 2002 | FZIAX vs ATOIX | |
| DFA NY Municipal Bond Portfolio | 99 | — | Jun 2015 | FZIAX vs DNYMX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | 99 | — | Apr 2016 | FZIAX vs TFCYX |
Top Performing FZIAX Alternatives (YTD)
FZIAX is at 1.20% YTD. There are 407 mutual funds in the Municipal Bonds category with higher YTD returns, going as high as 13.08%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Municipal Income Fund, Inc. | 13.08% | — | Apr 1998 | FZIAX vs NMI | |
| Nuveen New York AMT Free Quality Municipal Income | 10.83% | — | Nov 2002 | FZIAX vs NRK | |
| AllianceBernstein National Municipal Income Fund | 9.24% | — | Nov 2001 | FZIAX vs AFB | |
| Nuveen Virginia Quality Municipal Income Fund | 7.64% | — | Mar 1993 | FZIAX vs NPV | |
| BlackRock MuniHoldings California Quality Fund | 7.01% | — | Feb 1998 | FZIAX vs MUC |
Lowest Volatility Alternatives to FZIAX
FZIAX has 2.22% 1-year volatility. There are 129 mutual funds in the Municipal Bonds category with lower 1-year volatility, going as low as 0.56%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Short-Term Selective State Municipal Bond Port... | 0.56% | — | Apr 2022 | FZIAX vs DFABX | |
| DFA California Short Term Municipal Bond Portfolio | 0.57% | — | Apr 2007 | FZIAX vs DFCMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.59% | — | May 2016 | FZIAX vs USMSX | |
| DFA Short Term Municipal Bond Portfolio | 0.60% | — | Aug 2002 | FZIAX vs DFSMX | |
| JPMorgan Ultra-Short Municipal Fund | 0.60% | — | May 2016 | FZIAX vs USMTX |
Lowest Drawdown Alternatives to FZIAX
FZIAX has a 1-year max drawdown of -2.97%. There are 315 mutual funds in the Municipal Bonds category with shallower 1-year drawdowns, going as shallow as 0.00%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| BlackRock Allocation Target Shares | 0.00% | — | May 2021 | FZIAX vs BATVX | |
| abrdn Ultra Short Municipal Income Fund | -0.10% | — | Dec 2002 | FZIAX vs ATOIX | |
| Federated Hermes Conservative Municipal Microshort... | -0.10% | — | Feb 2021 | FZIAX vs FHMIX | |
| SEI Institutional Managed Trust Tax-Free Conservat... | -0.10% | — | Apr 2016 | FZIAX vs TFCYX | |
| DFA Short Term Municipal Bond Portfolio | -0.11% | — | Aug 2002 | FZIAX vs DFSMX |
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 | 60 | 10.20% | — | Feb 1988 | FZIAX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 94 | 80.55% | — | Jul 1985 | FZIAX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 62 | 11.04% | — | — | FZIAX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 61 | 11.11% | — | — | FZIAX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 18 | 5.32% | — | — | FZIAX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 63 | 17.40% | — | Dec 1987 | FZIAX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 34 | 10.48% | 176.32B | May 1967 | FZIAX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 56 | 10.04% | — | — | FZIAX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 33 | 10.08% | — | Nov 1997 | FZIAX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 56 | 14.09% | — | Jun 2016 | FZIAX vs FTIHX |
Often Compared With FZIAX
Investors most often compare FZIAX with VOO, SPY, VEA. These 11 comparison targets span 4 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Vanguard S&P 500 ETF | S&P 500 | 63 | 9.97% | 1.70T | Sep 2010 | FZIAX vs VOO | |
| State Street SPDR S&P 500 ETF | S&P 500 | 62 | 9.94% | 772.08B | Jan 1993 | FZIAX vs SPY | |
| Vanguard FTSE Developed Markets ETF | Foreign Large Cap Equities | 56 | 13.42% | 317.30B | Jul 2007 | FZIAX vs VEA | |
| Fidelity Government Money Market Fund | Money Market | — | 1.64% | 437.41B | Feb 1990 | FZIAX vs SPAXX | |
| Cavanal Hill Ultra Short Tax-Free Income Fund | Municipal Bonds | 0 | -9.63% | — | Dec 2017 | FZIAX vs APUSX | |
| Nuveen Municipal Value Fund Inc. | Municipal Bonds | 50 | 4.07% | — | Apr 1987 | FZIAX vs NUV | |
| PIMCO Fixed Income SHares: Series TE | Municipal Bonds | 85 | 2.63% | — | Jun 2012 | FZIAX vs FXIEX | |
| BlackRock MuniYield Michigan Quality Fund | Municipal Bonds | 33 | 6.66% | — | Oct 1992 | FZIAX vs MIY | |
| BlackRock MuniYield Quality Fund | Municipal Bonds | 24 | 5.72% | — | Jul 1992 | FZIAX vs MQY | |
| Strategic Advisers Tax-Sensitive Short Duration Fu... | Municipal Bonds | 98 | 1.02% | — | Dec 2017 | FZIAX vs FGNSX | |
| BlackRock MuniHoldings New Jersey Quality Fund | Municipal Bonds | 62 | 6.22% | — | Mar 1998 | FZIAX vs MUJ |
Compare FZIAX with Any Fund or Stock
Compare FZIAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FZIAX with funds that move differently
Fidelity Advisor Intermediate Municipal Income Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FZIAX.
Explore FZIAX Diversifiers