ATPYX vs. FAHYX

Last updated Aug 1, 2026

ATPYX (Aquila High Income Fund) and FAHYX (Fidelity Advisor High Income Advantage Fund Class M) are both High Yield Bonds funds. Their 0.51 correlation means they have sometimes moved together and sometimes differently. ATPYX charges 0.98%/yr vs 0.99%/yr for FAHYX.

Performance

ATPYX vs. FAHYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Aquila High Income Fund (ATPYX) and Fidelity Advisor High Income Advantage Fund Class M (FAHYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ATPYX

• 1D: 0.00%
• 1M: -0.49%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

FAHYX

• 1D: 1.01%
• 1M: -1.43%
• 6M: 3.23%
• YTD: 4.77%
• 1Y: 9.83%
• 3Y*: 10.02%
• 5Y*: 5.40%
• 10Y*: 7.05%
• ALL TIME*: 7.95%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
ATPYX Aquila High Income Fund	$0.00	$0.00	$0.00
FAHYX Fidelity Advisor High Income Advantage Fund Class M	$0.00	$0.00	$0.00

ATPYX vs. FAHYX - Yearly Performance Comparison

	2026 (YTD)
ATPYX Aquila High Income Fund	0.34%
FAHYX Fidelity Advisor High Income Advantage Fund Class M	-1.51%

Correlation

The correlation between ATPYX and FAHYX is 0.51, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.51

Return for Risk

ATPYX vs. FAHYX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

ATPYX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

FAHYX

FAHYX Risk / Return Rank: 67
FAHYX Sharpe Ratio Rank: 60
FAHYX Sortino Ratio Rank: 58
FAHYX Omega Ratio Rank: 58
FAHYX Calmar Ratio Rank: 77
FAHYX Martin Ratio Rank: 80

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

ATPYX vs. FAHYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Aquila High Income Fund (ATPYX) and Fidelity Advisor High Income Advantage Fund Class M (FAHYX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	ATPYX	FAHYX	Difference
Sharpe ratio: Return per unit of total volatility	—	1.51	—
Sortino ratio: Return per unit of downside risk	—	2.13	—
Omega ratio: Gain probability vs. loss probability	—	1.27	—
Calmar ratio: Return relative to maximum drawdown	—	2.57	—
Martin ratio: Return relative to average drawdown	—	10.04	—

Drawdowns

ATPYX vs. FAHYX - Drawdown Comparison

The maximum ATPYX drawdown since its inception was -0.61%, smaller than the maximum FAHYX drawdown of -48.37%. Use the drawdown chart below to compare losses from any high point for ATPYX and FAHYX.

Drawdown Indicators

	ATPYX	FAHYX	Difference
Max Drawdown Largest peak-to-trough decline	-0.61%	-48.37%	+47.76%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.74%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-6.95%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-15.35%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-28.51%	—
Current Drawdown Current decline from peak	-0.61%	-2.77%	+2.16%
Average Drawdown Average peak-to-trough decline	-0.27%	-4.50%	+4.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.96%	—

Volatility

Volatility by Period

	ATPYX	FAHYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.16%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.37%	—
Volatility (1Y) Calculated over the trailing 1-year period	2.40%	6.39%	-3.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.40%	6.57%	-4.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.40%	7.67%	-5.27%

ATPYX vs. FAHYX - Expense Ratio Comparison

ATPYX has a 0.98% expense ratio, which is lower than FAHYX's 0.99% expense ratio.

Dividends

ATPYX vs. FAHYX - Dividend Comparison

ATPYX's dividend yield for the trailing twelve months is around 0.96%, less than FAHYX's 3.87% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ATPYX Aquila High Income Fund	0.96%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FAHYX Fidelity Advisor High Income Advantage Fund Class M	3.87%	4.45%	3.96%	4.45%	6.84%	4.56%	3.47%	4.25%	5.74%	4.66%	5.29%	4.21%

Frequently Asked Questions

Can I hold both ATPYX and FAHYX in my portfolio?

ATPYX and FAHYX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.