FAGIX vs. AAPL
FAGIX (Fidelity Capital & Income Fund) is High Yield Bonds fund actively managed by Fidelity, while AAPL (Apple Inc) is a stock. Over the past 10 years, FAGIX returned 8.03%/yr vs 29.36%/yr for AAPL. At a 0.26 correlation, their price movements are largely independent.
Performance
FAGIX vs. AAPL - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with FAGIX having a 7.40% return and AAPL slightly lower at 7.29%. Over the past 10 years, FAGIX has underperformed AAPL with an annualized return of 8.03%, while AAPL has yielded a comparatively higher 29.36% annualized return.
FAGIX
- 1D
- 1.15%
- 1M
- 0.25%
- YTD
- 7.40%
- 6M
- 7.95%
- 1Y
- 16.73%
- 3Y*
- 12.87%
- 5Y*
- 6.75%
- 10Y*
- 8.03%
AAPL
- 1D
- -1.52%
- 1M
- -2.59%
- YTD
- 7.29%
- 6M
- 4.81%
- 1Y
- 46.73%
- 3Y*
- 17.21%
- 5Y*
- 18.59%
- 10Y*
- 29.36%
FAGIX vs. AAPL - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FAGIX Fidelity Capital & Income Fund | 7.40% | 12.38% | 10.69% | 13.02% | -11.50% | 11.13% | 9.95% | 18.96% | -7.17% | 11.66% |
AAPL Apple Inc | 7.29% | 9.05% | 30.71% | 49.01% | -26.40% | 34.65% | 82.31% | 88.96% | -5.39% | 48.46% |
Correlation
The correlation between FAGIX and AAPL is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.36 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.37 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.47 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.51 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 1980 | 0.26 |
The correlation between FAGIX and AAPL shifts across timeframes, from 0.26 (all time) to 0.51 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
FAGIX vs. AAPL — Risk / Return Rank
FAGIX
AAPL
FAGIX vs. AAPL - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Capital & Income Fund (FAGIX) and Apple Inc (AAPL). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FAGIX | AAPL | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.56 | ||
| Sortino ratioReturn per unit of downside risk | +0.82 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 1.38 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 4.85 | 3.40 | +1.45 |
| Martin ratioReturn relative to average drawdown | 19.86 | 8.47 | +11.39 |
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Drawdowns
FAGIX vs. AAPL - Drawdown Comparison
The maximum FAGIX drawdown since its inception was -37.97%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for FAGIX and AAPL.
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Drawdown Indicators
| FAGIX | AAPL | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.97% | -81.80% | +43.83% |
Max Drawdown (1Y)Largest decline over 1 year | -3.49% | -13.80% | +10.31% |
Max Drawdown (3Y)Largest decline over 3 years | -7.26% | -33.36% | +26.10% |
Max Drawdown (5Y)Largest decline over 5 years | -15.42% | -33.36% | +17.94% |
Max Drawdown (10Y)Largest decline over 10 years | -28.45% | -38.52% | +10.07% |
Current DrawdownCurrent decline from peak | -1.04% | -7.64% | +6.60% |
Average DrawdownAverage peak-to-trough decline | -6.98% | -29.59% | +22.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.85% | 5.53% | -4.68% |
Volatility
FAGIX vs. AAPL - Volatility Comparison
The current volatility for Fidelity Capital & Income Fund (FAGIX) is 2.71%, while Apple Inc (AAPL) has a volatility of 6.73%. This indicates that FAGIX experiences smaller price fluctuations and is considered to be less risky than AAPL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FAGIX | AAPL | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.71% | 6.73% | -4.02% |
Volatility (6M)Calculated over the trailing 6-month period | 5.30% | 16.53% | -11.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.42% | 22.64% | -16.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.66% | 27.52% | -20.86% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.84% | 28.92% | -21.08% |
Dividends
FAGIX vs. AAPL - Dividend Comparison
FAGIX's dividend yield for the trailing twelve months is around 4.47%, more than AAPL's 0.36% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AAPL Apple Inc | 0.36% | 0.38% | 0.40% | 0.49% | 0.70% | 0.49% | 0.61% | 1.04% | 1.79% | 1.45% | 1.93% | 1.93% |
FAGIX Fidelity Capital & Income Fund | 4.47% | 4.74% | 5.02% | 5.28% | 10.25% | 6.08% | 4.59% | 5.00% | 5.67% | 5.05% | 4.57% | 4.51% |
Frequently Asked Questions
FAGIX and AAPL have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AAPL has higher volatility (6.73%) compared to FAGIX (2.71%). In terms of maximum drawdown, FAGIX dropped -37.97% vs AAPL's -81.80%.
FAGIX currently has the higher Sharpe Ratio (2.63 vs 2.07), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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