AMRMX vs. FWATX
Compare and contrast key facts about American Funds American Mutual Fund Class A (AMRMX) and Fidelity Advisor Multi-Asset Income Fund Class A (FWATX).
AMRMX is managed by American Funds. It was launched on Feb 21, 1950. FWATX is managed by Fidelity. It was launched on Sep 9, 2015.
Performance
AMRMX vs. FWATX - Performance Comparison
Loading graphics...
AMRMX vs. FWATX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AMRMX American Funds American Mutual Fund Class A | -3.14% | 16.08% | 14.93% | 9.43% | -4.49% | 24.99% | 4.52% | 21.53% | -2.25% | 17.53% |
FWATX Fidelity Advisor Multi-Asset Income Fund Class A | 0.21% | 13.85% | 9.33% | 11.46% | -13.86% | 17.12% | 16.27% | 22.85% | -3.25% | 5.95% |
Returns By Period
In the year-to-date period, AMRMX achieves a -3.14% return, which is significantly lower than FWATX's 0.21% return. Over the past 10 years, AMRMX has outperformed FWATX with an annualized return of 10.45%, while FWATX has yielded a comparatively lower 8.41% annualized return.
AMRMX
- 1D
- -0.10%
- 1M
- -7.92%
- YTD
- -3.14%
- 6M
- -1.57%
- 1Y
- 9.78%
- 3Y*
- 11.97%
- 5Y*
- 9.37%
- 10Y*
- 10.45%
FWATX
- 1D
- -0.39%
- 1M
- -6.19%
- YTD
- 0.21%
- 6M
- 0.10%
- 1Y
- 16.43%
- 3Y*
- 9.37%
- 5Y*
- 5.63%
- 10Y*
- 8.41%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
AMRMX vs. FWATX - Expense Ratio Comparison
AMRMX has a 0.58% expense ratio, which is lower than FWATX's 1.05% expense ratio.
Return for Risk
AMRMX vs. FWATX — Risk / Return Rank
AMRMX
FWATX
AMRMX vs. FWATX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds American Mutual Fund Class A (AMRMX) and Fidelity Advisor Multi-Asset Income Fund Class A (FWATX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| AMRMX | FWATX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.78 | 1.43 | -0.65 |
Sortino ratioReturn per unit of downside risk | 1.17 | 1.96 | -0.79 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.28 | -0.11 |
Calmar ratioReturn relative to maximum drawdown | 0.93 | 2.03 | -1.11 |
Martin ratioReturn relative to average drawdown | 4.03 | 7.64 | -3.61 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| AMRMX | FWATX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.78 | 1.43 | -0.65 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.76 | 0.58 | +0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.74 | 0.86 | -0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.86 | -0.17 |
Correlation
The correlation between AMRMX and FWATX is 0.78, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
AMRMX vs. FWATX - Dividend Comparison
AMRMX's dividend yield for the trailing twelve months is around 7.82%, more than FWATX's 3.27% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AMRMX American Funds American Mutual Fund Class A | 7.82% | 7.55% | 6.27% | 3.75% | 4.88% | 4.65% | 1.74% | 4.60% | 6.44% | 5.96% | 4.83% | 6.54% |
FWATX Fidelity Advisor Multi-Asset Income Fund Class A | 3.27% | 3.53% | 3.28% | 3.97% | 3.52% | 2.73% | 3.18% | 2.60% | 2.71% | 3.09% | 8.02% | 0.00% |
Drawdowns
AMRMX vs. FWATX - Drawdown Comparison
The maximum AMRMX drawdown since its inception was -48.75%, which is greater than FWATX's maximum drawdown of -21.66%. Use the drawdown chart below to compare losses from any high point for AMRMX and FWATX.
Loading graphics...
Drawdown Indicators
| AMRMX | FWATX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.75% | -21.66% | -27.09% |
Max Drawdown (1Y)Largest decline over 1 year | -10.24% | -7.88% | -2.36% |
Max Drawdown (5Y)Largest decline over 5 years | -15.31% | -18.29% | +2.98% |
Max Drawdown (10Y)Largest decline over 10 years | -29.81% | -21.66% | -8.15% |
Current DrawdownCurrent decline from peak | -7.92% | -6.48% | -1.44% |
Average DrawdownAverage peak-to-trough decline | -4.98% | -3.52% | -1.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.35% | 2.09% | +0.26% |
Volatility
AMRMX vs. FWATX - Volatility Comparison
The current volatility for American Funds American Mutual Fund Class A (AMRMX) is 3.36%, while Fidelity Advisor Multi-Asset Income Fund Class A (FWATX) has a volatility of 3.93%. This indicates that AMRMX experiences smaller price fluctuations and is considered to be less risky than FWATX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| AMRMX | FWATX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.36% | 3.93% | -0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 7.32% | 7.94% | -0.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.81% | 11.82% | +1.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 12.48% | 9.77% | +2.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 14.10% | 9.78% | +4.32% |