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

Correlation

The correlation between FADMX and LCCMX is 0.34, 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.


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.

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Key characteristics

Sharpe Ratio

FADMX:

1.66

LCCMX:

2.17

Sortino Ratio

FADMX:

2.54

LCCMX:

3.92

Omega Ratio

FADMX:

1.32

LCCMX:

1.76

Calmar Ratio

FADMX:

1.73

LCCMX:

2.53

Martin Ratio

FADMX:

6.57

LCCMX:

8.01

Ulcer Index

FADMX:

0.99%

LCCMX:

1.04%

Daily Std Dev

FADMX:

3.78%

LCCMX:

3.80%

Max Drawdown

FADMX:

-16.68%

LCCMX:

-24.81%

Current Drawdown

FADMX:

0.00%

LCCMX:

-1.44%

Returns By Period

In the year-to-date period, FADMX achieves a 2.01% return, which is significantly higher than LCCMX's 1.19% return.


FADMX

YTD

2.01%

1M

2.26%

6M

2.19%

1Y

6.49%

5Y*

3.59%

10Y*

N/A

LCCMX

YTD

1.19%

1M

1.79%

6M

2.61%

1Y

8.21%

5Y*

8.64%

10Y*

2.68%

*Annualized

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FADMX vs. LCCMX - Expense Ratio Comparison

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


Risk-Adjusted Performance

FADMX vs. LCCMX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FADMX
The Risk-Adjusted Performance Rank of FADMX is 9090
Overall Rank
The Sharpe Ratio Rank of FADMX is 9191
Sharpe Ratio Rank
The Sortino Ratio Rank of FADMX is 9191
Sortino Ratio Rank
The Omega Ratio Rank of FADMX is 8989
Omega Ratio Rank
The Calmar Ratio Rank of FADMX is 9191
Calmar Ratio Rank
The Martin Ratio Rank of FADMX is 8989
Martin Ratio Rank

LCCMX
The Risk-Adjusted Performance Rank of LCCMX is 9494
Overall Rank
The Sharpe Ratio Rank of LCCMX is 9494
Sharpe Ratio Rank
The Sortino Ratio Rank of LCCMX is 9595
Sortino Ratio Rank
The Omega Ratio Rank of LCCMX is 9797
Omega Ratio Rank
The Calmar Ratio Rank of LCCMX is 9494
Calmar Ratio Rank
The Martin Ratio Rank of LCCMX is 9191
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current FADMX Sharpe Ratio is 1.66, which is comparable to the LCCMX Sharpe Ratio of 2.17. 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.


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Dividends

FADMX vs. LCCMX - Dividend Comparison

FADMX's dividend yield for the trailing twelve months is around 4.10%, less than LCCMX's 10.10% yield.


TTM20242023202220212020201920182017201620152014
FADMX
Fidelity Strategic Income Fund
4.10%4.21%4.32%3.67%2.75%3.33%3.46%2.61%0.00%0.00%0.00%0.00%
LCCMX
Leader Short Term High Yield Bond Fund
10.10%10.41%9.70%6.24%2.11%2.11%2.99%2.89%2.11%2.19%2.54%2.35%

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.


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Volatility

FADMX vs. LCCMX - Volatility Comparison

Fidelity Strategic Income Fund (FADMX) has a higher volatility of 0.93% compared to Leader Short Term High Yield Bond Fund (LCCMX) at 0.88%. 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.


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