FAHDX vs. FZROX
Compare and contrast key facts about Fidelity Advisor High Income Advantage Fund Class A (FAHDX) and Fidelity ZERO Total Market Index Fund (FZROX).
FAHDX is managed by Fidelity. It was launched on Jan 5, 1987. FZROX is managed by Fidelity.
Performance
FAHDX vs. FZROX - Performance Comparison
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FAHDX vs. FZROX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
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% | -7.24% |
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, FAHDX achieves a -0.85% return, which is significantly higher than FZROX's -3.98% 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%
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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FAHDX vs. FZROX - Expense Ratio Comparison
FAHDX has a 0.99% expense ratio, which is higher than FZROX's 0.00% expense ratio.
Return for Risk
FAHDX vs. FZROX — Risk / Return Rank
FAHDX
FZROX
FAHDX vs. FZROX - 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 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.
| FAHDX | FZROX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.91 | 0.98 | +0.93 |
Sortino ratioReturn per unit of downside risk | 2.62 | 1.50 | +1.12 |
Omega ratioGain probability vs. loss probability | 1.40 | 1.23 | +0.17 |
Calmar ratioReturn relative to maximum drawdown | 2.73 | 1.51 | +1.22 |
Martin ratioReturn relative to average drawdown | 11.81 | 7.28 | +4.54 |
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
| FAHDX | FZROX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.91 | 0.98 | +0.93 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 0.62 | +0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.95 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.87 | 0.63 | +0.25 |
Correlation
The correlation between FAHDX 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
FAHDX vs. FZROX - Dividend Comparison
FAHDX's dividend yield for the trailing twelve months is around 4.15%, more than FZROX's 1.07% 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% |
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
FAHDX vs. FZROX - Drawdown Comparison
The maximum FAHDX drawdown since its inception was -48.43%, which is greater than FZROX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FAHDX and FZROX.
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Drawdown Indicators
| FAHDX | FZROX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -48.43% | -34.96% | -13.47% |
Max Drawdown (1Y)Largest decline over 1 year | -4.30% | -12.44% | +8.14% |
Max Drawdown (5Y)Largest decline over 5 years | -15.29% | -25.12% | +9.83% |
Max Drawdown (10Y)Largest decline over 10 years | -28.43% | — | — |
Current DrawdownCurrent decline from peak | -3.15% | -6.16% | +3.01% |
Average DrawdownAverage peak-to-trough decline | -5.23% | -5.61% | +0.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 2.58% | -1.59% |
Volatility
FAHDX vs. FZROX - Volatility Comparison
The current volatility for Fidelity Advisor High Income Advantage Fund Class A (FAHDX) is 2.23%, while Fidelity ZERO Total Market Index Fund (FZROX) has a volatility of 5.52%. This indicates that FAHDX 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
| FAHDX | FZROX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.23% | 5.52% | -3.29% |
Volatility (6M)Calculated over the trailing 6-month period | 4.10% | 9.81% | -5.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.59% | 18.68% | -12.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.27% | 17.45% | -11.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.61% | 20.28% | -12.67% |