FAHDX vs. SPHIX
Compare and contrast key facts about Fidelity Advisor High Income Advantage Fund Class A (FAHDX) and Fidelity High Income Fund (SPHIX).
FAHDX is managed by Fidelity. It was launched on Jan 5, 1987. SPHIX is managed by Fidelity. It was launched on Aug 29, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FAHDX or SPHIX.
Correlation
The correlation between FAHDX and SPHIX is 0.78, 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.
Performance
FAHDX vs. SPHIX - Performance Comparison
Key characteristics
FAHDX:
2.24
SPHIX:
3.00
FAHDX:
3.30
SPHIX:
4.67
FAHDX:
1.44
SPHIX:
1.70
FAHDX:
2.24
SPHIX:
3.21
FAHDX:
13.31
SPHIX:
17.55
FAHDX:
0.81%
SPHIX:
0.54%
FAHDX:
4.80%
SPHIX:
3.16%
FAHDX:
-48.83%
SPHIX:
-31.35%
FAHDX:
-1.63%
SPHIX:
-1.50%
Returns By Period
In the year-to-date period, FAHDX achieves a 0.17% return, which is significantly higher than SPHIX's -0.25% return. Over the past 10 years, FAHDX has outperformed SPHIX with an annualized return of 5.69%, while SPHIX has yielded a comparatively lower 4.24% annualized return.
FAHDX
0.17%
-0.91%
3.40%
10.28%
4.71%
5.69%
SPHIX
-0.25%
-1.13%
3.59%
8.85%
2.48%
4.24%
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FAHDX vs. SPHIX - Expense Ratio Comparison
FAHDX has a 0.99% expense ratio, which is higher than SPHIX's 0.70% expense ratio.
Risk-Adjusted Performance
FAHDX vs. SPHIX — Risk-Adjusted Performance Rank
FAHDX
SPHIX
FAHDX vs. SPHIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor High Income Advantage Fund Class A (FAHDX) and Fidelity High Income Fund (SPHIX). 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
FAHDX vs. SPHIX - Dividend Comparison
FAHDX's dividend yield for the trailing twelve months is around 4.68%, less than SPHIX's 5.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAHDX Fidelity Advisor High Income Advantage Fund Class A | 4.68% | 4.69% | 4.87% | 4.42% | 2.96% | 3.47% | 4.21% | 5.74% | 4.65% | 4.50% | 5.08% | 4.24% |
SPHIX Fidelity High Income Fund | 5.58% | 5.56% | 5.43% | 5.17% | 4.74% | 4.71% | 5.11% | 6.00% | 5.40% | 5.45% | 6.26% | 6.97% |
Drawdowns
FAHDX vs. SPHIX - Drawdown Comparison
The maximum FAHDX drawdown since its inception was -48.83%, which is greater than SPHIX's maximum drawdown of -31.35%. Use the drawdown chart below to compare losses from any high point for FAHDX and SPHIX. For additional features, visit the drawdowns tool.
Volatility
FAHDX vs. SPHIX - Volatility Comparison
Fidelity Advisor High Income Advantage Fund Class A (FAHDX) has a higher volatility of 1.64% compared to Fidelity High Income Fund (SPHIX) at 0.85%. This indicates that FAHDX's price experiences larger fluctuations and is considered to be riskier than SPHIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.