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ASIEX vs. FADMX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ASIEX and FADMX is 0.22, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

ASIEX vs. FADMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Strategic Income Fund (ASIEX) and Fidelity Strategic Income Fund (FADMX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

ASIEX:

1.68

FADMX:

1.66

Sortino Ratio

ASIEX:

2.70

FADMX:

2.54

Omega Ratio

ASIEX:

1.34

FADMX:

1.32

Calmar Ratio

ASIEX:

1.05

FADMX:

1.73

Martin Ratio

ASIEX:

6.39

FADMX:

6.57

Ulcer Index

ASIEX:

1.11%

FADMX:

0.99%

Daily Std Dev

ASIEX:

4.04%

FADMX:

3.78%

Max Drawdown

ASIEX:

-15.32%

FADMX:

-16.68%

Current Drawdown

ASIEX:

-0.40%

FADMX:

0.00%

Returns By Period

The year-to-date returns for both stocks are quite close, with ASIEX having a 2.07% return and FADMX slightly lower at 2.01%.


ASIEX

YTD

2.07%

1M

1.39%

6M

2.76%

1Y

7.00%

5Y*

2.96%

10Y*

3.09%

FADMX

YTD

2.01%

1M

2.26%

6M

2.19%

1Y

6.49%

5Y*

3.59%

10Y*

N/A

*Annualized

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ASIEX vs. FADMX - Expense Ratio Comparison

ASIEX has a 0.73% expense ratio, which is higher than FADMX's 0.66% expense ratio.


Risk-Adjusted Performance

ASIEX vs. FADMX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ASIEX
The Risk-Adjusted Performance Rank of ASIEX is 8989
Overall Rank
The Sharpe Ratio Rank of ASIEX is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of ASIEX is 9191
Sortino Ratio Rank
The Omega Ratio Rank of ASIEX is 9090
Omega Ratio Rank
The Calmar Ratio Rank of ASIEX is 8484
Calmar Ratio Rank
The Martin Ratio Rank of ASIEX is 8989
Martin Ratio Rank

FADMX
The Risk-Adjusted Performance Rank of FADMX is 9090
Overall Rank
The Sharpe Ratio Rank of FADMX is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of FADMX is 9191
Sortino Ratio Rank
The Omega Ratio Rank of FADMX is 8989
Omega Ratio Rank
The Calmar Ratio Rank of FADMX is 9191
Calmar Ratio Rank
The Martin Ratio Rank of FADMX is 8989
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ASIEX vs. FADMX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Strategic Income Fund (ASIEX) and Fidelity Strategic Income Fund (FADMX). 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.


The current ASIEX Sharpe Ratio is 1.68, which is comparable to the FADMX Sharpe Ratio of 1.66. The chart below compares the historical Sharpe Ratios of ASIEX and FADMX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

ASIEX vs. FADMX - Dividend Comparison

ASIEX's dividend yield for the trailing twelve months is around 5.91%, more than FADMX's 4.10% yield.


TTM20242023202220212020201920182017201620152014
ASIEX
American Century Strategic Income Fund
5.91%5.79%5.55%3.81%6.14%3.56%3.07%3.95%3.18%3.50%4.25%1.72%
FADMX
Fidelity Strategic Income Fund
4.10%4.21%4.32%3.67%2.75%3.33%3.46%2.61%0.00%0.00%0.00%0.00%

Drawdowns

ASIEX vs. FADMX - Drawdown Comparison

The maximum ASIEX drawdown since its inception was -15.32%, smaller than the maximum FADMX drawdown of -16.68%. Use the drawdown chart below to compare losses from any high point for ASIEX and FADMX. For additional features, visit the drawdowns tool.


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Volatility

ASIEX vs. FADMX - Volatility Comparison

American Century Strategic Income Fund (ASIEX) and Fidelity Strategic Income Fund (FADMX) have volatilities of 0.97% and 0.93%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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