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

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.

0.00%2.00%4.00%6.00%JuneJulyAugustSeptemberOctoberNovember
4.36%
4.56%
ASIEX
FADMX

Returns By Period

In the year-to-date period, ASIEX achieves a 4.77% return, which is significantly lower than FADMX's 6.62% return.


ASIEX

YTD

4.77%

1M

-0.41%

6M

4.36%

1Y

9.28%

5Y (annualized)

2.07%

10Y (annualized)

2.99%

FADMX

YTD

6.62%

1M

0.01%

6M

4.57%

1Y

11.38%

5Y (annualized)

2.45%

10Y (annualized)

N/A

Key characteristics


ASIEXFADMX
Sharpe Ratio2.042.90
Sortino Ratio3.144.63
Omega Ratio1.391.59
Calmar Ratio0.881.30
Martin Ratio8.4217.03
Ulcer Index1.10%0.66%
Daily Std Dev4.54%3.84%
Max Drawdown-15.32%-16.68%
Current Drawdown-2.04%-0.92%

Compare stocks, funds, or ETFs

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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.


ASIEX
American Century Strategic Income Fund
Expense ratio chart for ASIEX: current value at 0.73% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.73%
Expense ratio chart for FADMX: current value at 0.66% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.66%

Correlation

-0.50.00.51.00.8

The correlation between ASIEX and FADMX is 0.80, 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.

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for ASIEX, currently valued at 2.03, compared to the broader market-1.000.001.002.003.004.005.002.032.90
The chart of Sortino ratio for ASIEX, currently valued at 3.12, compared to the broader market0.005.0010.003.124.63
The chart of Omega ratio for ASIEX, currently valued at 1.39, compared to the broader market1.002.003.004.001.391.59
The chart of Calmar ratio for ASIEX, currently valued at 0.94, compared to the broader market0.005.0010.0015.0020.0025.000.941.30
The chart of Martin ratio for ASIEX, currently valued at 8.30, compared to the broader market0.0020.0040.0060.0080.00100.008.3017.03
ASIEX
FADMX

The current ASIEX Sharpe Ratio is 2.04, which is comparable to the FADMX Sharpe Ratio of 2.90. 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.

Rolling 12-month Sharpe Ratio0.501.001.502.002.503.003.504.00JuneJulyAugustSeptemberOctoberNovember
2.03
2.90
ASIEX
FADMX

Dividends

ASIEX vs. FADMX - Dividend Comparison

ASIEX's dividend yield for the trailing twelve months is around 5.65%, more than FADMX's 4.33% yield.


TTM2023202220212020201920182017201620152014
ASIEX
American Century Strategic Income Fund
5.65%5.55%3.81%4.07%2.79%3.09%3.96%3.18%3.50%4.25%1.72%
FADMX
Fidelity Strategic Income Fund
4.33%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.


-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.04%
-0.92%
ASIEX
FADMX

Volatility

ASIEX vs. FADMX - Volatility Comparison

American Century Strategic Income Fund (ASIEX) and Fidelity Strategic Income Fund (FADMX) have volatilities of 0.92% and 0.89%, 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.


0.60%0.80%1.00%1.20%1.40%JuneJulyAugustSeptemberOctoberNovember
0.92%
0.89%
ASIEX
FADMX