FAHCX vs. VWEAX
Compare and contrast key facts about Fidelity Advisor High Income Advantage Fund Class I (FAHCX) and Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX).
FAHCX is managed by Fidelity. It was launched on Jul 3, 1995. VWEAX is managed by Vanguard. It was launched on Nov 12, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FAHCX or VWEAX.
Correlation
The correlation between FAHCX and VWEAX is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FAHCX vs. VWEAX - Performance Comparison
Key characteristics
FAHCX:
2.14
VWEAX:
1.89
FAHCX:
3.11
VWEAX:
2.86
FAHCX:
1.42
VWEAX:
1.42
FAHCX:
1.82
VWEAX:
3.25
FAHCX:
12.97
VWEAX:
9.95
FAHCX:
0.78%
VWEAX:
0.61%
FAHCX:
4.67%
VWEAX:
3.20%
FAHCX:
-48.54%
VWEAX:
-30.03%
FAHCX:
-2.21%
VWEAX:
-1.29%
Returns By Period
In the year-to-date period, FAHCX achieves a 10.07% return, which is significantly higher than VWEAX's 5.31% return. Over the past 10 years, FAHCX has outperformed VWEAX with an annualized return of 5.76%, while VWEAX has yielded a comparatively lower 4.53% annualized return.
FAHCX
10.07%
-1.52%
4.22%
9.86%
4.95%
5.76%
VWEAX
5.31%
-0.91%
3.60%
5.84%
3.30%
4.53%
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. VWEAX - Expense Ratio Comparison
FAHCX has a 0.74% expense ratio, which is higher than VWEAX's 0.13% expense ratio.
Risk-Adjusted Performance
FAHCX vs. VWEAX - 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 Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX). 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. VWEAX - Dividend Comparison
FAHCX's dividend yield for the trailing twelve months is around 4.28%, less than VWEAX's 5.65% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fidelity Advisor High Income Advantage Fund Class I | 4.28% | 5.12% | 4.73% | 3.23% | 3.71% | 4.45% | 6.08% | 4.94% | 4.74% | 5.28% | 4.71% | 6.19% |
Vanguard High-Yield Corporate Fund Admiral Shares | 5.15% | 5.79% | 5.20% | 4.24% | 4.72% | 5.32% | 6.10% | 5.42% | 5.49% | 5.99% | 5.71% | 5.89% |
Drawdowns
FAHCX vs. VWEAX - Drawdown Comparison
The maximum FAHCX drawdown since its inception was -48.54%, which is greater than VWEAX's maximum drawdown of -30.03%. Use the drawdown chart below to compare losses from any high point for FAHCX and VWEAX. For additional features, visit the drawdowns tool.
Volatility
FAHCX vs. VWEAX - Volatility Comparison
Fidelity Advisor High Income Advantage Fund Class I (FAHCX) has a higher volatility of 1.53% compared to Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX) at 0.65%. This indicates that FAHCX's price experiences larger fluctuations and is considered to be riskier than VWEAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.