ANHIX vs. FZROX
Compare and contrast key facts about Angel Oak High Yield Opportunities Fund (ANHIX) and Fidelity ZERO Total Market Index Fund (FZROX).
ANHIX is managed by Angel Oak. It was launched on Mar 31, 2009. FZROX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ANHIX or FZROX.
Key characteristics
| ANHIX | FZROX |
|---|
Correlation
The correlation between ANHIX and FZROX is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
ANHIX vs. FZROX - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ANHIX vs. FZROX - Expense Ratio Comparison
ANHIX has a 0.65% expense ratio, which is higher than FZROX's 0.00% expense ratio.
Risk-Adjusted Performance
ANHIX vs. FZROX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Angel Oak High Yield Opportunities Fund (ANHIX) and Fidelity ZERO Total Market Index Fund (FZROX). 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.
Dividends
ANHIX vs. FZROX - Dividend Comparison
ANHIX has not paid dividends to shareholders, while FZROX's dividend yield for the trailing twelve months is around 1.29%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|
ANHIX Angel Oak High Yield Opportunities Fund | 5.79% | 6.56% | 5.94% | 5.03% | 5.49% | 5.64% | 6.31% | 5.56% | 4.29% |
FZROX Fidelity ZERO Total Market Index Fund | 1.29% | 1.36% | 1.57% | 1.25% | 1.27% | 1.51% | 0.74% | 0.00% | 0.00% |
Drawdowns
ANHIX vs. FZROX - Drawdown Comparison
Volatility
ANHIX vs. FZROX - Volatility Comparison
The current volatility for Angel Oak High Yield Opportunities Fund (ANHIX) is 0.00%, while Fidelity ZERO Total Market Index Fund (FZROX) has a volatility of 3.69%. This indicates that ANHIX experiences smaller price fluctuations and is considered to be less risky than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.