FADMX vs. LCCMX
Compare and contrast key facts about Fidelity Strategic Income Fund (FADMX) and Leader Short Term High Yield Bond Fund (LCCMX).
FADMX is managed by Fidelity. It was launched on Oct 31, 1994. LCCMX is managed by LEADER. It was launched on Jul 14, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FADMX or LCCMX.
Performance
FADMX vs. LCCMX - Performance Comparison
Returns By Period
In the year-to-date period, FADMX achieves a 6.62% return, which is significantly lower than LCCMX's 16.89% return.
FADMX
6.62%
0.01%
4.57%
11.38%
2.45%
N/A
LCCMX
16.89%
1.61%
5.59%
22.60%
5.34%
2.42%
Key characteristics
| FADMX | LCCMX | |
|---|---|---|
| Sharpe Ratio | 2.90 | 4.94 |
| Sortino Ratio | 4.63 | 12.74 |
| Omega Ratio | 1.59 | 3.05 |
| Calmar Ratio | 1.30 | 3.37 |
| Martin Ratio | 17.03 | 60.42 |
| Ulcer Index | 0.66% | 0.37% |
| Daily Std Dev | 3.84% | 4.54% |
| Max Drawdown | -16.68% | -24.81% |
| Current Drawdown | -0.92% | -0.12% |
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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.
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.
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.
Dividends
FADMX vs. LCCMX - Dividend Comparison
FADMX's dividend yield for the trailing twelve months is around 4.33%, less than LCCMX's 10.74% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FADMX Fidelity Strategic Income Fund | 4.33% | 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 | 10.74% | 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.
Volatility
FADMX vs. LCCMX - Volatility Comparison
Fidelity Strategic Income Fund (FADMX) and Leader Short Term High Yield Bond Fund (LCCMX) have volatilities of 0.89% and 0.92%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.