FAHDX vs. FXAIX
Compare and contrast key facts about Fidelity Advisor High Income Advantage Fund Class A (FAHDX) and Fidelity 500 Index Fund (FXAIX).
FAHDX is managed by Fidelity. It was launched on Jan 5, 1987. 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
FAHDX vs. FXAIX - Performance Comparison
Loading graphics...
FAHDX vs. FXAIX - 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% |
FXAIX Fidelity 500 Index Fund | -7.05% | 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, FAHDX achieves a -0.85% return, which is significantly higher than FXAIX's -7.05% return. Over the past 10 years, FAHDX has underperformed FXAIX with an annualized return of 7.18%, while FXAIX has yielded a comparatively higher 13.75% 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%
FXAIX
- 1D
- -0.39%
- 1M
- -7.68%
- YTD
- -7.05%
- 6M
- -4.59%
- 1Y
- 14.42%
- 3Y*
- 17.17%
- 5Y*
- 11.40%
- 10Y*
- 13.75%
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. FXAIX - Expense Ratio Comparison
FAHDX has a 0.99% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Return for Risk
FAHDX vs. FXAIX — Risk / Return Rank
FAHDX
FXAIX
FAHDX vs. FXAIX - 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 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.
| FAHDX | FXAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.91 | 0.84 | +1.07 |
Sortino ratioReturn per unit of downside risk | 2.62 | 1.30 | +1.33 |
Omega ratioGain probability vs. loss probability | 1.40 | 1.20 | +0.20 |
Calmar ratioReturn relative to maximum drawdown | 2.73 | 1.05 | +1.67 |
Martin ratioReturn relative to average drawdown | 11.81 | 5.13 | +6.69 |
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 | FXAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.91 | 0.84 | +1.07 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 0.68 | +0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.95 | 0.77 | +0.18 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.87 | 0.75 | +0.12 |
Correlation
The correlation between FAHDX 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
FAHDX vs. FXAIX - Dividend Comparison
FAHDX's dividend yield for the trailing twelve months is around 4.15%, more than FXAIX's 1.20% 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% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
Drawdowns
FAHDX vs. FXAIX - Drawdown Comparison
The maximum FAHDX drawdown since its inception was -48.43%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FAHDX and FXAIX.
Loading graphics...
Drawdown Indicators
| FAHDX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.43% | -33.79% | -14.64% |
Max Drawdown (1Y)Largest decline over 1 year | -4.30% | -12.13% | +7.83% |
Max Drawdown (5Y)Largest decline over 5 years | -15.29% | -24.50% | +9.21% |
Max Drawdown (10Y)Largest decline over 10 years | -28.43% | -33.79% | +5.36% |
Current DrawdownCurrent decline from peak | -3.15% | -8.89% | +5.74% |
Average DrawdownAverage peak-to-trough decline | -5.23% | -3.83% | -1.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 2.50% | -1.51% |
Volatility
FAHDX vs. FXAIX - Volatility Comparison
The current volatility for Fidelity Advisor High Income Advantage Fund Class A (FAHDX) is 2.23%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.24%. This indicates that FAHDX 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
| FAHDX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.23% | 4.24% | -2.01% |
Volatility (6M)Calculated over the trailing 6-month period | 4.10% | 9.08% | -4.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.59% | 18.13% | -11.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.27% | 16.88% | -10.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.61% | 18.03% | -10.42% |