FAHCX vs. FSHNX
Compare and contrast key facts about Fidelity Advisor High Income Advantage Fund Class I (FAHCX) and Fidelity Series High Income Fund (FSHNX).
FAHCX is managed by Fidelity. It was launched on Jul 3, 1995. FSHNX is managed by Fidelity. It was launched on Mar 10, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FAHCX or FSHNX.
Correlation
The correlation between FAHCX and FSHNX is 0.80, 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. FSHNX - Performance Comparison
Key characteristics
FAHCX:
2.14
FSHNX:
3.32
FAHCX:
3.05
FSHNX:
5.44
FAHCX:
1.42
FSHNX:
1.79
FAHCX:
3.44
FSHNX:
6.06
FAHCX:
12.97
FSHNX:
21.90
FAHCX:
0.83%
FSHNX:
0.49%
FAHCX:
5.03%
FSHNX:
3.24%
FAHCX:
-48.54%
FSHNX:
-21.98%
FAHCX:
-0.27%
FSHNX:
-0.11%
Returns By Period
In the year-to-date period, FAHCX achieves a 2.08% return, which is significantly higher than FSHNX's 1.47% return. Over the past 10 years, FAHCX has outperformed FSHNX with an annualized return of 5.77%, while FSHNX has yielded a comparatively lower 5.04% annualized return.
FAHCX
2.08%
0.08%
5.85%
11.37%
5.24%
5.77%
FSHNX
1.47%
0.65%
4.63%
11.05%
4.20%
5.04%
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FAHCX vs. FSHNX - Expense Ratio Comparison
FAHCX has a 0.74% expense ratio, which is higher than FSHNX's 0.00% expense ratio.
Risk-Adjusted Performance
FAHCX vs. FSHNX — Risk-Adjusted Performance Rank
FAHCX
FSHNX
FAHCX vs. FSHNX - 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 Series High Income Fund (FSHNX). 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. FSHNX - Dividend Comparison
FAHCX's dividend yield for the trailing twelve months is around 4.85%, less than FSHNX's 6.48% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAHCX Fidelity Advisor High Income Advantage Fund Class I | 4.85% | 4.96% | 5.12% | 4.73% | 3.23% | 3.71% | 4.45% | 6.08% | 4.94% | 4.74% | 5.28% | 4.71% |
FSHNX Fidelity Series High Income Fund | 6.48% | 6.50% | 6.20% | 6.34% | 5.39% | 5.58% | 6.32% | 6.96% | 6.04% | 5.61% | 7.04% | 9.19% |
Drawdowns
FAHCX vs. FSHNX - Drawdown Comparison
The maximum FAHCX drawdown since its inception was -48.54%, which is greater than FSHNX's maximum drawdown of -21.98%. Use the drawdown chart below to compare losses from any high point for FAHCX and FSHNX. For additional features, visit the drawdowns tool.
Volatility
FAHCX vs. FSHNX - Volatility Comparison
Fidelity Advisor High Income Advantage Fund Class I (FAHCX) has a higher volatility of 1.82% compared to Fidelity Series High Income Fund (FSHNX) at 0.82%. This indicates that FAHCX's price experiences larger fluctuations and is considered to be riskier than FSHNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.