FAHCX vs. FXAIX
Compare and contrast key facts about Fidelity Advisor High Income Advantage Fund Class I (FAHCX) and Fidelity 500 Index Fund (FXAIX).
FAHCX is managed by Fidelity. It was launched on Jul 3, 1995. FXAIX is a passively managed fund by Fidelity that tracks the performance of the S&P 500 Index. It was launched on Feb 17, 1988.
Performance
FAHCX vs. FXAIX - Performance Comparison
Loading graphics...
FAHCX vs. FXAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FAHCX Fidelity Advisor High Income Advantage Fund Class I | 0.45% | 12.06% | 9.50% | 12.15% | -11.15% | 10.96% | 8.94% | 17.81% | -5.25% | 11.74% |
FXAIX Fidelity 500 Index Fund | -4.34% | 17.84% | 25.01% | 26.29% | -18.14% | 28.71% | 18.42% | 31.48% | -4.43% | 21.82% |
Returns By Period
In the year-to-date period, FAHCX achieves a 0.45% return, which is significantly higher than FXAIX's -4.34% return. Over the past 10 years, FAHCX has underperformed FXAIX with an annualized return of 7.56%, while FXAIX has yielded a comparatively higher 14.08% annualized return.
FAHCX
- 1D
- 1.21%
- 1M
- -1.76%
- YTD
- 0.45%
- 6M
- 1.86%
- 1Y
- 13.51%
- 3Y*
- 10.09%
- 5Y*
- 5.53%
- 10Y*
- 7.56%
FXAIX
- 1D
- 2.92%
- 1M
- -5.02%
- YTD
- -4.34%
- 6M
- -2.14%
- 1Y
- 17.32%
- 3Y*
- 18.30%
- 5Y*
- 11.79%
- 10Y*
- 14.08%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FAHCX vs. FXAIX - Expense Ratio Comparison
FAHCX has a 0.74% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Return for Risk
FAHCX vs. FXAIX — Risk / Return Rank
FAHCX
FXAIX
FAHCX vs. FXAIX - 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 500 Index Fund (FXAIX). 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 | FXAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.06 | 0.97 | +1.09 |
Sortino ratioReturn per unit of downside risk | 2.87 | 1.49 | +1.38 |
Omega ratioGain probability vs. loss probability | 1.43 | 1.23 | +0.20 |
Calmar ratioReturn relative to maximum drawdown | 3.27 | 1.52 | +1.75 |
Martin ratioReturn relative to average drawdown | 14.21 | 7.30 | +6.91 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FAHCX | FXAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.06 | 0.97 | +1.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.88 | 0.70 | +0.18 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.00 | 0.78 | +0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.95 | 0.76 | +0.19 |
Correlation
The correlation between FAHCX and FXAIX is 0.74, 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. FXAIX - Dividend Comparison
FAHCX's dividend yield for the trailing twelve months is around 4.35%, more than FXAIX's 1.16% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAHCX Fidelity Advisor High Income Advantage Fund Class I | 4.35% | 4.73% | 4.18% | 4.70% | 7.35% | 4.94% | 3.70% | 4.51% | 6.09% | 4.95% | 5.53% | 4.42% |
FXAIX Fidelity 500 Index Fund | 1.16% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
Drawdowns
FAHCX vs. FXAIX - Drawdown Comparison
The maximum FAHCX drawdown since its inception was -48.10%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FAHCX and FXAIX.
Loading graphics...
Drawdown Indicators
| FAHCX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.10% | -33.79% | -14.31% |
Max Drawdown (1Y)Largest decline over 1 year | -4.34% | -12.13% | +7.79% |
Max Drawdown (5Y)Largest decline over 5 years | -15.16% | -24.50% | +9.34% |
Max Drawdown (10Y)Largest decline over 10 years | -28.49% | -33.79% | +5.30% |
Current DrawdownCurrent decline from peak | -1.96% | -6.23% | +4.27% |
Average DrawdownAverage peak-to-trough decline | -4.64% | -3.83% | -0.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.00% | 2.53% | -1.53% |
Volatility
FAHCX vs. FXAIX - Volatility Comparison
The current volatility for Fidelity Advisor High Income Advantage Fund Class I (FAHCX) is 2.56%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 5.34%. This indicates that FAHCX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FAHCX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.56% | 5.34% | -2.78% |
Volatility (6M)Calculated over the trailing 6-month period | 4.31% | 9.53% | -5.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.74% | 18.32% | -11.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.31% | 16.92% | -10.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.61% | 18.05% | -10.44% |