PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FADMX vs. LCCMX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FADMX and LCCMX is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


-0.50.00.51.00.4

Performance

FADMX vs. LCCMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Strategic Income Fund (FADMX) and Leader Short Term High Yield Bond Fund (LCCMX). The values are adjusted to include any dividend payments, if applicable.

15.00%20.00%25.00%30.00%JulyAugustSeptemberOctoberNovemberDecember
18.62%
30.84%
FADMX
LCCMX

Key characteristics

Sharpe Ratio

FADMX:

1.52

LCCMX:

4.34

Sortino Ratio

FADMX:

2.24

LCCMX:

9.29

Omega Ratio

FADMX:

1.28

LCCMX:

2.70

Calmar Ratio

FADMX:

0.99

LCCMX:

4.71

Martin Ratio

FADMX:

8.03

LCCMX:

46.78

Ulcer Index

FADMX:

0.70%

LCCMX:

0.39%

Daily Std Dev

FADMX:

3.67%

LCCMX:

4.23%

Max Drawdown

FADMX:

-16.68%

LCCMX:

-24.81%

Current Drawdown

FADMX:

-1.94%

LCCMX:

-0.84%

Returns By Period

In the year-to-date period, FADMX achieves a 5.89% return, which is significantly lower than LCCMX's 16.19% return.


FADMX

YTD

5.89%

1M

-0.68%

6M

2.84%

1Y

6.08%

5Y*

2.19%

10Y*

N/A

LCCMX

YTD

16.19%

1M

-0.60%

6M

4.05%

1Y

18.35%

5Y*

4.89%

10Y*

2.55%

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. LCCMX - Expense Ratio Comparison

FADMX has a 0.66% expense ratio, which is lower than LCCMX's 2.55% expense ratio.


LCCMX
Leader Short Term High Yield Bond Fund
Expense ratio chart for LCCMX: current value at 2.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%2.55%
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. LCCMX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Strategic Income Fund (FADMX) and Leader Short Term High Yield Bond Fund (LCCMX). 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-1.000.001.002.003.004.001.524.34
The chart of Sortino ratio for FADMX, currently valued at 2.24, compared to the broader market-2.000.002.004.006.008.0010.002.249.29
The chart of Omega ratio for FADMX, currently valued at 1.28, compared to the broader market0.501.001.502.002.503.003.501.282.70
The chart of Calmar ratio for FADMX, currently valued at 0.99, compared to the broader market0.002.004.006.008.0010.0012.0014.000.995.84
The chart of Martin ratio for FADMX, currently valued at 8.03, compared to the broader market0.0020.0040.0060.008.0346.65
FADMX
LCCMX

The current FADMX Sharpe Ratio is 1.52, which is lower than the LCCMX Sharpe Ratio of 4.34. The chart below compares the historical Sharpe Ratios of FADMX and LCCMX, 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 Ratio2.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
1.52
4.34
FADMX
LCCMX

Dividends

FADMX vs. LCCMX - Dividend Comparison

FADMX's dividend yield for the trailing twelve months is around 3.77%, less than LCCMX's 9.81% yield.


TTM20232022202120202019201820172016201520142013
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%0.00%
LCCMX
Leader Short Term High Yield Bond Fund
9.81%9.70%6.24%2.11%2.11%2.99%2.89%2.11%2.19%2.54%2.35%2.44%

Drawdowns

FADMX vs. LCCMX - Drawdown Comparison

The maximum FADMX drawdown since its inception was -16.68%, smaller than the maximum LCCMX drawdown of -24.81%. Use the drawdown chart below to compare losses from any high point for FADMX and LCCMX. For additional features, visit the drawdowns tool.


-2.50%-2.00%-1.50%-1.00%-0.50%0.00%JulyAugustSeptemberOctoberNovemberDecember
-1.94%
-0.84%
FADMX
LCCMX

Volatility

FADMX vs. LCCMX - Volatility Comparison

Fidelity Strategic Income Fund (FADMX) has a higher volatility of 1.14% compared to Leader Short Term High Yield Bond Fund (LCCMX) at 1.01%. This indicates that FADMX's price experiences larger fluctuations and is considered to be riskier than LCCMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.20%0.40%0.60%0.80%1.00%1.20%1.40%JulyAugustSeptemberOctoberNovemberDecember
1.14%
1.01%
FADMX
LCCMX
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


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.

Copyright © 2024 PortfoliosLab