FAHCX vs. FAGIX
Compare and contrast key facts about Fidelity Advisor High Income Advantage Fund Class I (FAHCX) and Fidelity Capital & Income Fund (FAGIX).
FAHCX is managed by Fidelity. It was launched on Jul 3, 1995. FAGIX is managed by Fidelity. It was launched on Nov 1, 1977.
Performance
FAHCX vs. FAGIX - Performance Comparison
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FAHCX vs. FAGIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FAHCX Fidelity Advisor High Income Advantage Fund Class I | -0.75% | 12.06% | 9.50% | 12.15% | -11.15% | 10.96% | 8.94% | 17.81% | -5.25% | 11.74% |
FAGIX Fidelity Capital & Income Fund | 0.45% | 12.38% | 10.69% | 13.02% | -11.50% | 11.13% | 9.95% | 18.96% | -7.17% | 11.66% |
Returns By Period
In the year-to-date period, FAHCX achieves a -0.75% return, which is significantly lower than FAGIX's 0.45% return. Both investments have delivered pretty close results over the past 10 years, with FAHCX having a 7.43% annualized return and FAGIX not far ahead at 7.56%.
FAHCX
- 1D
- -0.52%
- 1M
- -2.93%
- YTD
- -0.75%
- 6M
- 0.64%
- 1Y
- 12.16%
- 3Y*
- 9.65%
- 5Y*
- 5.37%
- 10Y*
- 7.43%
FAGIX
- 1D
- 1.31%
- 1M
- -1.99%
- YTD
- 0.45%
- 6M
- 2.04%
- 1Y
- 14.01%
- 3Y*
- 10.82%
- 5Y*
- 5.97%
- 10Y*
- 7.56%
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FAHCX vs. FAGIX - Expense Ratio Comparison
FAHCX has a 0.74% expense ratio, which is higher than FAGIX's 0.67% expense ratio.
Return for Risk
FAHCX vs. FAGIX — Risk / Return Rank
FAHCX
FAGIX
FAHCX vs. FAGIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor High Income Advantage Fund Class I (FAHCX) and Fidelity Capital & Income Fund (FAGIX). 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.
| FAHCX | FAGIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.94 | 2.05 | -0.11 |
Sortino ratioReturn per unit of downside risk | 2.67 | 2.84 | -0.17 |
Omega ratioGain probability vs. loss probability | 1.40 | 1.42 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 2.79 | 3.33 | -0.55 |
Martin ratioReturn relative to average drawdown | 12.20 | 13.92 | -1.72 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FAHCX | FAGIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.94 | 2.05 | -0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.86 | 0.92 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.98 | 0.97 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.95 | 0.86 | +0.09 |
Correlation
The correlation between FAHCX and FAGIX is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
FAHCX vs. FAGIX - Dividend Comparison
FAHCX's dividend yield for the trailing twelve months is around 4.41%, which matches FAGIX's 4.37% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAHCX Fidelity Advisor High Income Advantage Fund Class I | 4.41% | 4.73% | 4.18% | 4.70% | 7.35% | 4.94% | 3.70% | 4.51% | 6.09% | 4.95% | 5.53% | 4.42% |
FAGIX Fidelity Capital & Income Fund | 4.37% | 4.74% | 5.02% | 5.28% | 10.25% | 6.08% | 4.59% | 5.00% | 5.67% | 5.05% | 4.57% | 4.51% |
Drawdowns
FAHCX vs. FAGIX - Drawdown Comparison
The maximum FAHCX drawdown since its inception was -48.10%, which is greater than FAGIX's maximum drawdown of -37.97%. Use the drawdown chart below to compare losses from any high point for FAHCX and FAGIX.
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Drawdown Indicators
| FAHCX | FAGIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.10% | -37.97% | -10.13% |
Max Drawdown (1Y)Largest decline over 1 year | -4.34% | -4.41% | +0.07% |
Max Drawdown (5Y)Largest decline over 5 years | -15.16% | -15.42% | +0.26% |
Max Drawdown (10Y)Largest decline over 10 years | -28.49% | -28.45% | -0.04% |
Current DrawdownCurrent decline from peak | -3.13% | -2.22% | -0.91% |
Average DrawdownAverage peak-to-trough decline | -4.64% | -7.01% | +2.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 1.06% | -0.07% |
Volatility
FAHCX vs. FAGIX - Volatility Comparison
The current volatility for Fidelity Advisor High Income Advantage Fund Class I (FAHCX) is 2.18%, while Fidelity Capital & Income Fund (FAGIX) has a volatility of 2.86%. This indicates that FAHCX experiences smaller price fluctuations and is considered to be less risky than FAGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FAHCX | FAGIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.18% | 2.86% | -0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 4.15% | 4.70% | -0.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.66% | 7.05% | -0.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.29% | 6.49% | -0.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.60% | 7.79% | -0.19% |