FAHDX vs. FSKAX
Compare and contrast key facts about Fidelity Advisor High Income Advantage Fund Class A (FAHDX) and Fidelity Total Market Index Fund (FSKAX).
FAHDX is managed by Fidelity. It was launched on Jan 5, 1987. FSKAX is managed by Fidelity.
Performance
FAHDX vs. FSKAX - Performance Comparison
Loading graphics...
FAHDX vs. FSKAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FAHDX Fidelity Advisor High Income Advantage Fund Class A | -0.85% | 11.79% | 9.26% | 12.00% | -11.37% | 10.78% | 8.72% | 17.39% | -5.44% | 11.40% |
FSKAX Fidelity Total Market Index Fund | -6.77% | 17.06% | 23.89% | 26.12% | -19.53% | 25.66% | 20.79% | 30.92% | -5.32% | 20.85% |
Returns By Period
In the year-to-date period, FAHDX achieves a -0.85% return, which is significantly higher than FSKAX's -6.77% return. Over the past 10 years, FAHDX has underperformed FSKAX with an annualized return of 7.18%, while FSKAX has yielded a comparatively higher 13.23% annualized return.
FAHDX
- 1D
- -0.48%
- 1M
- -2.81%
- YTD
- -0.85%
- 6M
- 0.69%
- 1Y
- 12.27%
- 3Y*
- 9.40%
- 5Y*
- 5.15%
- 10Y*
- 7.18%
FSKAX
- 1D
- -0.47%
- 1M
- -7.69%
- YTD
- -6.77%
- 6M
- -4.56%
- 1Y
- 14.73%
- 3Y*
- 16.72%
- 5Y*
- 10.13%
- 10Y*
- 13.23%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FAHDX vs. FSKAX - Expense Ratio Comparison
FAHDX has a 0.99% expense ratio, which is higher than FSKAX's 0.02% expense ratio.
Return for Risk
FAHDX vs. FSKAX — Risk / Return Rank
FAHDX
FSKAX
FAHDX vs. FSKAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor High Income Advantage Fund Class A (FAHDX) and Fidelity Total Market Index Fund (FSKAX). 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.
| FAHDX | FSKAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.91 | 0.83 | +1.08 |
Sortino ratioReturn per unit of downside risk | 2.62 | 1.29 | +1.34 |
Omega ratioGain probability vs. loss probability | 1.40 | 1.19 | +0.20 |
Calmar ratioReturn relative to maximum drawdown | 2.73 | 1.04 | +1.69 |
Martin ratioReturn relative to average drawdown | 11.81 | 5.05 | +6.76 |
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
| FAHDX | FSKAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.91 | 0.83 | +1.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 0.59 | +0.24 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.95 | 0.72 | +0.23 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.87 | 0.78 | +0.09 |
Correlation
The correlation between FAHDX and FSKAX is 0.75, 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
FAHDX vs. FSKAX - Dividend Comparison
FAHDX's dividend yield for the trailing twelve months is around 4.15%, more than FSKAX's 1.09% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAHDX Fidelity Advisor High Income Advantage Fund Class A | 4.15% | 4.45% | 3.95% | 4.47% | 6.87% | 4.56% | 3.47% | 4.26% | 5.72% | 4.66% | 5.28% | 4.20% |
FSKAX Fidelity Total Market Index Fund | 1.09% | 1.01% | 1.19% | 1.41% | 1.62% | 1.15% | 1.45% | 1.94% | 2.54% | 2.07% | 2.43% | 0.82% |
Drawdowns
FAHDX vs. FSKAX - Drawdown Comparison
The maximum FAHDX drawdown since its inception was -48.43%, which is greater than FSKAX's maximum drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for FAHDX and FSKAX.
Loading graphics...
Drawdown Indicators
| FAHDX | FSKAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.43% | -35.01% | -13.42% |
Max Drawdown (1Y)Largest decline over 1 year | -4.30% | -12.42% | +8.12% |
Max Drawdown (5Y)Largest decline over 5 years | -15.29% | -25.39% | +10.10% |
Max Drawdown (10Y)Largest decline over 10 years | -28.43% | -35.01% | +6.58% |
Current DrawdownCurrent decline from peak | -3.15% | -8.92% | +5.77% |
Average DrawdownAverage peak-to-trough decline | -5.23% | -4.05% | -1.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 2.57% | -1.58% |
Volatility
FAHDX vs. FSKAX - Volatility Comparison
The current volatility for Fidelity Advisor High Income Advantage Fund Class A (FAHDX) is 2.23%, while Fidelity Total Market Index Fund (FSKAX) has a volatility of 4.42%. This indicates that FAHDX experiences smaller price fluctuations and is considered to be less risky than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FAHDX | FSKAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.23% | 4.42% | -2.19% |
Volatility (6M)Calculated over the trailing 6-month period | 4.10% | 9.40% | -5.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.59% | 18.50% | -11.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.27% | 17.38% | -11.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.61% | 18.42% | -10.81% |