CBAAX vs. FSIRX
CBAAX (American Funds Moderate Growth and Income Portfolio) and FSIRX (Fidelity Advisor Strategic Real Return Fund Class I) are both Diversified Portfolio funds. Over the past 10 years, CBAAX returned 8.82%/yr vs 5.47%/yr for FSIRX. Their 0.59 correlation means they have sometimes moved together and sometimes differently. CBAAX charges 0.35%/yr vs 0.70%/yr for FSIRX.
Performance
CBAAX vs. FSIRX - Performance Comparison
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Returns By Period
In the year-to-date period, CBAAX achieves a 6.66% return, which is significantly lower than FSIRX's 7.04% return. Over the past 10 years, CBAAX has outperformed FSIRX with an annualized return of 8.82%, while FSIRX has yielded a comparatively lower 5.47% annualized return.
CBAAX
- 1D
- 1.10%
- 1M
- -0.61%
- 6M
- 4.04%
- YTD
- 6.66%
- 1Y
- 14.78%
- 3Y*
- 12.97%
- 5Y*
- 7.20%
- 10Y*
- 8.82%
- ALL TIME*
- 9.04%
FSIRX
- 1D
- 0.00%
- 1M
- 0.75%
- 6M
- 3.41%
- YTD
- 7.04%
- 1Y
- 13.22%
- 3Y*
- 8.16%
- 5Y*
- 5.54%
- 10Y*
- 5.47%
- ALL TIME*
- 4.08%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
CBAAX vs. FSIRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CBAAX American Funds Moderate Growth and Income Portfolio | 6.66% | 16.62% | 11.27% | 13.82% | -13.58% | 13.79% | 13.20% | 19.42% | -4.63% | 16.65% |
FSIRX Fidelity Advisor Strategic Real Return Fund Class I | 7.04% | 10.38% | 5.83% | 4.58% | -3.34% | 15.89% | 3.72% | 10.55% | -3.99% | 4.10% |
Correlation
The correlation between CBAAX and FSIRX is 0.42, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.42 |
Correlation (3Y) Balances recent behavior with more history. | 0.57 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.65 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.62 |
Correlation (All Time) Calculated using the full available price history since May 18, 2012 | 0.59 |
The correlation between CBAAX and FSIRX shifts across timeframes, from 0.42 (1 year) to 0.65 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
CBAAX vs. FSIRX — Risk / Return Rank
CBAAX
FSIRX
CBAAX vs. FSIRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Moderate Growth and Income Portfolio (CBAAX) and Fidelity Advisor Strategic Real Return Fund Class I (FSIRX). 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.
| CBAAX | FSIRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.03 | ||
| Sortino ratioReturn per unit of downside risk | -1.30 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.49 | -0.21 |
| Calmar ratioReturn relative to maximum drawdown | 1.89 | 3.61 | -1.73 |
| Martin ratioReturn relative to average drawdown | 8.18 | 11.63 | -3.45 |
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Drawdowns
CBAAX vs. FSIRX - Drawdown Comparison
The maximum CBAAX drawdown since its inception was -23.16%, smaller than the maximum FSIRX drawdown of -33.39%. Use the drawdown chart below to compare losses from any high point for CBAAX and FSIRX.
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Drawdown Indicators
| CBAAX | FSIRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.16% | -33.39% | +10.23% |
Max Drawdown (1Y)Largest decline over 1 year | -7.31% | -3.53% | -3.78% |
Max Drawdown (3Y)Largest decline over 3 years | -10.62% | -5.81% | -4.81% |
Max Drawdown (5Y)Largest decline over 5 years | -20.72% | -12.82% | -7.90% |
Max Drawdown (10Y)Largest decline over 10 years | -23.16% | -19.98% | -3.18% |
Current DrawdownCurrent decline from peak | -1.12% | -2.28% | +1.16% |
Average DrawdownAverage peak-to-trough decline | -2.91% | -4.15% | +1.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.68% | 1.09% | +0.59% |
Volatility
CBAAX vs. FSIRX - Volatility Comparison
American Funds Moderate Growth and Income Portfolio (CBAAX) has a higher volatility of 2.31% compared to Fidelity Advisor Strategic Real Return Fund Class I (FSIRX) at 1.75%. This indicates that CBAAX's price experiences larger fluctuations and is considered to be riskier than FSIRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CBAAX | FSIRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.31% | 1.75% | +0.56% |
Volatility (6M)Calculated over the trailing 6-month period | 7.46% | 3.98% | +3.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.11% | 5.07% | +4.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.48% | 6.93% | +3.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.80% | 6.75% | +4.05% |
CBAAX vs. FSIRX - Expense Ratio Comparison
CBAAX has a 0.35% expense ratio, which is lower than FSIRX's 0.70% expense ratio.
Dividends
CBAAX vs. FSIRX - Dividend Comparison
CBAAX's dividend yield for the trailing twelve months is around 5.54%, more than FSIRX's 3.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CBAAX American Funds Moderate Growth and Income Portfolio | 5.54% | 5.81% | 3.56% | 2.26% | 5.97% | 4.95% | 2.54% | 3.80% | 4.65% | 3.43% | 3.59% | 3.59% |
FSIRX Fidelity Advisor Strategic Real Return Fund Class I | 3.23% | 4.72% | 4.80% | 5.28% | 7.33% | 5.37% | 2.23% | 3.09% | 9.42% | 2.63% | 2.37% | 1.75% |
Frequently Asked Questions
CBAAX and FSIRX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CBAAX has higher volatility (2.31%) compared to FSIRX (1.75%). In terms of maximum drawdown, CBAAX dropped -23.16% vs FSIRX's -33.39%.
FSIRX currently has the higher Sharpe Ratio (2.54 vs 1.51), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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