FAAIX vs. FSSNX
Compare and contrast key facts about Fidelity Advisor Asset Manager 70% Fund Class I (FAAIX) and Fidelity Small Cap Index Fund (FSSNX).
FAAIX is managed by Blackrock. It was launched on Sep 23, 2008. FSSNX is managed by Fidelity. It was launched on Sep 8, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FAAIX or FSSNX.
Correlation
The correlation between FAAIX and FSSNX is 0.85, 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.
Performance
FAAIX vs. FSSNX - Performance Comparison
Key characteristics
FAAIX:
1.02
FSSNX:
0.63
FAAIX:
1.39
FSSNX:
1.03
FAAIX:
1.19
FSSNX:
1.12
FAAIX:
1.16
FSSNX:
0.64
FAAIX:
4.31
FSSNX:
2.78
FAAIX:
2.31%
FSSNX:
4.45%
FAAIX:
9.81%
FSSNX:
19.68%
FAAIX:
-34.01%
FSSNX:
-44.52%
FAAIX:
-2.49%
FSSNX:
-6.23%
Returns By Period
In the year-to-date period, FAAIX achieves a 4.25% return, which is significantly higher than FSSNX's 2.46% return. Over the past 10 years, FAAIX has underperformed FSSNX with an annualized return of 4.92%, while FSSNX has yielded a comparatively higher 6.59% annualized return.
FAAIX
4.25%
2.74%
1.86%
10.44%
5.77%
4.92%
FSSNX
2.46%
0.35%
5.91%
15.55%
7.31%
6.59%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FAAIX vs. FSSNX - Expense Ratio Comparison
FAAIX has a 0.70% expense ratio, which is higher than FSSNX's 0.03% expense ratio.
Risk-Adjusted Performance
FAAIX vs. FSSNX — Risk-Adjusted Performance Rank
FAAIX
FSSNX
FAAIX vs. FSSNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Asset Manager 70% Fund Class I (FAAIX) and Fidelity Small Cap Index Fund (FSSNX). 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
FAAIX vs. FSSNX - Dividend Comparison
FAAIX's dividend yield for the trailing twelve months is around 1.89%, more than FSSNX's 1.00% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAAIX Fidelity Advisor Asset Manager 70% Fund Class I | 1.89% | 1.97% | 1.70% | 2.13% | 1.36% | 0.90% | 1.48% | 1.56% | 1.12% | 1.34% | 1.63% | 10.88% |
FSSNX Fidelity Small Cap Index Fund | 1.00% | 1.03% | 1.43% | 1.26% | 1.26% | 0.94% | 1.32% | 1.33% | 1.15% | 1.24% | 2.80% | 4.80% |
Drawdowns
FAAIX vs. FSSNX - Drawdown Comparison
The maximum FAAIX drawdown since its inception was -34.01%, smaller than the maximum FSSNX drawdown of -44.52%. Use the drawdown chart below to compare losses from any high point for FAAIX and FSSNX. For additional features, visit the drawdowns tool.
Volatility
FAAIX vs. FSSNX - Volatility Comparison
The current volatility for Fidelity Advisor Asset Manager 70% Fund Class I (FAAIX) is 2.64%, while Fidelity Small Cap Index Fund (FSSNX) has a volatility of 4.15%. This indicates that FAAIX experiences smaller price fluctuations and is considered to be less risky than FSSNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.