FAHCX vs. FMSDX
Compare and contrast key facts about Fidelity Advisor High Income Advantage Fund Class I (FAHCX) and Fidelity Multi-Asset Income Fund (FMSDX).
FAHCX is managed by Fidelity. It was launched on Jul 3, 1995. FMSDX is managed by Fidelity. It was launched on Sep 9, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FAHCX or FMSDX.
Correlation
The correlation between FAHCX and FMSDX is 0.83, 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.
Performance
FAHCX vs. FMSDX - Performance Comparison
Key characteristics
FAHCX:
2.21
FMSDX:
1.54
FAHCX:
3.21
FMSDX:
2.12
FAHCX:
1.44
FMSDX:
1.29
FAHCX:
1.87
FMSDX:
2.35
FAHCX:
13.53
FMSDX:
9.56
FAHCX:
0.77%
FMSDX:
1.23%
FAHCX:
4.66%
FMSDX:
7.60%
FAHCX:
-48.54%
FMSDX:
-21.64%
FAHCX:
-1.95%
FMSDX:
-3.29%
Returns By Period
In the year-to-date period, FAHCX achieves a 10.37% return, which is significantly lower than FMSDX's 11.88% return.
FAHCX
10.37%
-1.42%
4.41%
10.16%
5.01%
5.79%
FMSDX
11.88%
-1.77%
4.79%
11.38%
8.06%
N/A
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FAHCX vs. FMSDX - Expense Ratio Comparison
FAHCX has a 0.74% expense ratio, which is lower than FMSDX's 0.78% expense ratio.
Risk-Adjusted Performance
FAHCX vs. FMSDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor High Income Advantage Fund Class I (FAHCX) and Fidelity Multi-Asset Income Fund (FMSDX). 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
FAHCX vs. FMSDX - Dividend Comparison
FAHCX's dividend yield for the trailing twelve months is around 4.26%, more than FMSDX's 3.66% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAHCX Fidelity Advisor High Income Advantage Fund Class I | 4.26% | 5.12% | 4.73% | 3.23% | 3.71% | 4.45% | 6.08% | 4.94% | 4.74% | 5.28% | 4.71% | 6.19% |
FMSDX Fidelity Multi-Asset Income Fund | 3.66% | 4.24% | 3.88% | 2.98% | 3.26% | 2.76% | 1.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FAHCX vs. FMSDX - Drawdown Comparison
The maximum FAHCX drawdown since its inception was -48.54%, which is greater than FMSDX's maximum drawdown of -21.64%. Use the drawdown chart below to compare losses from any high point for FAHCX and FMSDX. For additional features, visit the drawdowns tool.
Volatility
FAHCX vs. FMSDX - Volatility Comparison
The current volatility for Fidelity Advisor High Income Advantage Fund Class I (FAHCX) is 1.51%, while Fidelity Multi-Asset Income Fund (FMSDX) has a volatility of 3.55%. This indicates that FAHCX experiences smaller price fluctuations and is considered to be less risky than FMSDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.