FAHCX vs. FZROX
Compare and contrast key facts about Fidelity Advisor High Income Advantage Fund Class I (FAHCX) and Fidelity ZERO Total Market Index Fund (FZROX).
FAHCX is managed by Fidelity. It was launched on Jul 3, 1995. FZROX is managed by Fidelity.
Performance
FAHCX vs. FZROX - Performance Comparison
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FAHCX vs. FZROX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
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% | -7.17% |
FZROX Fidelity ZERO Total Market Index Fund | -3.98% | 17.23% | 23.94% | 26.20% | -19.21% | 26.00% | 20.51% | 31.15% | -12.72% |
Returns By Period
In the year-to-date period, FAHCX achieves a 0.45% return, which is significantly higher than FZROX's -3.98% 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%
FZROX
- 1D
- 2.99%
- 1M
- -5.06%
- YTD
- -3.98%
- 6M
- -1.97%
- 1Y
- 17.77%
- 3Y*
- 17.96%
- 5Y*
- 10.74%
- 10Y*
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FAHCX vs. FZROX - Expense Ratio Comparison
FAHCX has a 0.74% expense ratio, which is higher than FZROX's 0.00% expense ratio.
Return for Risk
FAHCX vs. FZROX — Risk / Return Rank
FAHCX
FZROX
FAHCX vs. FZROX - 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 ZERO Total Market Index Fund (FZROX). 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 | FZROX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.06 | 0.98 | +1.08 |
Sortino ratioReturn per unit of downside risk | 2.87 | 1.50 | +1.37 |
Omega ratioGain probability vs. loss probability | 1.43 | 1.23 | +0.20 |
Calmar ratioReturn relative to maximum drawdown | 3.27 | 1.51 | +1.76 |
Martin ratioReturn relative to average drawdown | 14.21 | 7.28 | +6.93 |
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 | FZROX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.06 | 0.98 | +1.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.88 | 0.62 | +0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.00 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.95 | 0.63 | +0.33 |
Correlation
The correlation between FAHCX and FZROX is 0.81, 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. FZROX - Dividend Comparison
FAHCX's dividend yield for the trailing twelve months is around 4.35%, more than FZROX's 1.07% 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% |
FZROX Fidelity ZERO Total Market Index Fund | 1.07% | 1.02% | 1.16% | 1.36% | 1.57% | 1.25% | 1.27% | 1.51% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FAHCX vs. FZROX - Drawdown Comparison
The maximum FAHCX drawdown since its inception was -48.10%, which is greater than FZROX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FAHCX and FZROX.
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Drawdown Indicators
| FAHCX | FZROX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.10% | -34.96% | -13.14% |
Max Drawdown (1Y)Largest decline over 1 year | -4.34% | -12.44% | +8.10% |
Max Drawdown (5Y)Largest decline over 5 years | -15.16% | -25.12% | +9.96% |
Max Drawdown (10Y)Largest decline over 10 years | -28.49% | — | — |
Current DrawdownCurrent decline from peak | -1.96% | -6.16% | +4.20% |
Average DrawdownAverage peak-to-trough decline | -4.64% | -5.61% | +0.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.00% | 2.58% | -1.58% |
Volatility
FAHCX vs. FZROX - Volatility Comparison
The current volatility for Fidelity Advisor High Income Advantage Fund Class I (FAHCX) is 2.56%, while Fidelity ZERO Total Market Index Fund (FZROX) has a volatility of 5.52%. This indicates that FAHCX experiences smaller price fluctuations and is considered to be less risky than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FAHCX | FZROX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.56% | 5.52% | -2.96% |
Volatility (6M)Calculated over the trailing 6-month period | 4.31% | 9.81% | -5.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.74% | 18.68% | -11.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.31% | 17.45% | -11.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.61% | 20.28% | -12.67% |