FAGIX vs. HYGH
Compare and contrast key facts about Fidelity Capital & Income Fund (FAGIX) and iShares Interest Rate Hedged High Yield Bond ETF (HYGH).
FAGIX is managed by Fidelity. It was launched on Nov 1, 1977. HYGH is an actively managed fund by iShares. It was launched on May 27, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FAGIX or HYGH.
Performance
FAGIX vs. HYGH - Performance Comparison
Returns By Period
In the year-to-date period, FAGIX achieves a 12.00% return, which is significantly higher than HYGH's 10.79% return. Both investments have delivered pretty close results over the past 10 years, with FAGIX having a 5.12% annualized return and HYGH not far behind at 4.89%.
FAGIX
12.00%
1.47%
6.77%
16.43%
5.16%
5.12%
HYGH
10.79%
1.62%
6.11%
13.08%
6.13%
4.89%
Key characteristics
| FAGIX | HYGH | |
|---|---|---|
| Sharpe Ratio | 3.36 | 2.93 |
| Sortino Ratio | 5.16 | 4.04 |
| Omega Ratio | 1.74 | 1.65 |
| Calmar Ratio | 1.63 | 3.60 |
| Martin Ratio | 23.55 | 28.72 |
| Ulcer Index | 0.69% | 0.47% |
| Daily Std Dev | 4.77% | 4.59% |
| Max Drawdown | -37.80% | -23.88% |
| Current Drawdown | -0.10% | 0.00% |
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FAGIX vs. HYGH - Expense Ratio Comparison
FAGIX has a 0.67% expense ratio, which is higher than HYGH's 0.53% expense ratio.
Correlation
The correlation between FAGIX and HYGH is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
FAGIX vs. HYGH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Capital & Income Fund (FAGIX) and iShares Interest Rate Hedged High Yield Bond ETF (HYGH). 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
FAGIX vs. HYGH - Dividend Comparison
FAGIX's dividend yield for the trailing twelve months is around 5.00%, less than HYGH's 8.15% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAGIX Fidelity Capital & Income Fund | 5.00% | 5.29% | 4.85% | 3.41% | 3.78% | 4.25% | 5.27% | 4.01% | 4.12% | 5.00% | 8.04% | 5.47% |
HYGH iShares Interest Rate Hedged High Yield Bond ETF | 8.15% | 8.95% | 6.21% | 3.74% | 4.06% | 4.89% | 6.45% | 4.79% | 4.59% | 5.74% | 3.62% | 0.00% |
Drawdowns
FAGIX vs. HYGH - Drawdown Comparison
The maximum FAGIX drawdown since its inception was -37.80%, which is greater than HYGH's maximum drawdown of -23.88%. Use the drawdown chart below to compare losses from any high point for FAGIX and HYGH. For additional features, visit the drawdowns tool.
Volatility
FAGIX vs. HYGH - Volatility Comparison
Fidelity Capital & Income Fund (FAGIX) has a higher volatility of 1.24% compared to iShares Interest Rate Hedged High Yield Bond ETF (HYGH) at 1.05%. This indicates that FAGIX's price experiences larger fluctuations and is considered to be riskier than HYGH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.