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

Correlation

The correlation between FADMX and ASIEX 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.


-0.50.00.51.00.8

Performance

FADMX vs. ASIEX - Performance Comparison

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

14.00%16.00%18.00%20.00%22.00%JulyAugustSeptemberOctoberNovemberDecember
18.62%
19.05%
FADMX
ASIEX

Key characteristics

Sharpe Ratio

FADMX:

1.52

ASIEX:

1.07

Sortino Ratio

FADMX:

2.24

ASIEX:

1.57

Omega Ratio

FADMX:

1.28

ASIEX:

1.19

Calmar Ratio

FADMX:

0.99

ASIEX:

0.57

Martin Ratio

FADMX:

8.03

ASIEX:

3.76

Ulcer Index

FADMX:

0.70%

ASIEX:

1.21%

Daily Std Dev

FADMX:

3.67%

ASIEX:

4.23%

Max Drawdown

FADMX:

-16.68%

ASIEX:

-15.32%

Current Drawdown

FADMX:

-1.94%

ASIEX:

-2.48%

Returns By Period

In the year-to-date period, FADMX achieves a 5.89% return, which is significantly higher than ASIEX's 4.30% return.


FADMX

YTD

5.89%

1M

-0.68%

6M

2.84%

1Y

6.08%

5Y*

2.19%

10Y*

N/A

ASIEX

YTD

4.30%

1M

-0.45%

6M

2.79%

1Y

4.53%

5Y*

1.90%

10Y*

3.08%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FADMX vs. ASIEX - Expense Ratio Comparison

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

Risk-Adjusted Performance

FADMX vs. ASIEX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Strategic Income Fund (FADMX) and American Century Strategic Income Fund (ASIEX). 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 FADMX, currently valued at 1.52, compared to the broader market-1.000.001.002.003.004.001.520.97
The chart of Sortino ratio for FADMX, currently valued at 2.24, compared to the broader market-2.000.002.004.006.008.0010.002.241.42
The chart of Omega ratio for FADMX, currently valued at 1.28, compared to the broader market0.501.001.502.002.503.003.501.281.17
The chart of Calmar ratio for FADMX, currently valued at 0.99, compared to the broader market0.002.004.006.008.0010.0012.0014.000.990.51
The chart of Martin ratio for FADMX, currently valued at 8.03, compared to the broader market0.0020.0040.0060.008.033.38
FADMX
ASIEX

The current FADMX Sharpe Ratio is 1.52, which is higher than the ASIEX Sharpe Ratio of 1.07. The chart below compares the historical Sharpe Ratios of FADMX and ASIEX, 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 Ratio0.501.001.502.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
1.52
0.97
FADMX
ASIEX

Dividends

FADMX vs. ASIEX - Dividend Comparison

FADMX's dividend yield for the trailing twelve months is around 3.77%, less than ASIEX's 5.23% yield.


TTM2023202220212020201920182017201620152014
FADMX
Fidelity Strategic Income Fund
3.77%4.32%3.67%2.75%3.33%3.46%2.61%0.00%0.00%0.00%0.00%
ASIEX
American Century Strategic Income Fund
5.23%5.55%3.81%4.07%2.79%3.09%3.96%3.18%3.50%4.25%1.72%

Drawdowns

FADMX vs. ASIEX - Drawdown Comparison

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


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.94%
-2.48%
FADMX
ASIEX

Volatility

FADMX vs. ASIEX - Volatility Comparison

Fidelity Strategic Income Fund (FADMX) has a higher volatility of 1.14% compared to American Century Strategic Income Fund (ASIEX) at 1.07%. This indicates that FADMX's price experiences larger fluctuations and is considered to be riskier than ASIEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.60%0.80%1.00%1.20%1.40%JulyAugustSeptemberOctoberNovemberDecember
1.14%
1.07%
FADMX
ASIEX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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