FAHEX vs. FXAIX
Compare and contrast key facts about Fidelity Advisor High Income Advantage Fund Class C (FAHEX) and Fidelity 500 Index Fund (FXAIX).
FAHEX is managed by Fidelity. It was launched on Nov 3, 1997. 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
FAHEX vs. FXAIX - Performance Comparison
Loading graphics...
FAHEX vs. FXAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FAHEX Fidelity Advisor High Income Advantage Fund Class C | -0.90% | 10.97% | 8.51% | 11.23% | -11.89% | 10.09% | 7.88% | 16.50% | -6.17% | 10.57% |
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, FAHEX achieves a -0.90% return, which is significantly higher than FXAIX's -7.05% return. Over the past 10 years, FAHEX has underperformed FXAIX with an annualized return of 6.43%, while FXAIX has yielded a comparatively higher 13.75% annualized return.
FAHEX
- 1D
- -0.48%
- 1M
- -2.82%
- YTD
- -0.90%
- 6M
- 0.46%
- 1Y
- 11.53%
- 3Y*
- 8.69%
- 5Y*
- 4.46%
- 10Y*
- 6.43%
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.
FAHEX vs. FXAIX - Expense Ratio Comparison
FAHEX has a 1.75% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Return for Risk
FAHEX vs. FXAIX — Risk / Return Rank
FAHEX
FXAIX
FAHEX vs. FXAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor High Income Advantage Fund Class C (FAHEX) 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.
| FAHEX | FXAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.78 | 0.84 | +0.94 |
Sortino ratioReturn per unit of downside risk | 2.46 | 1.30 | +1.17 |
Omega ratioGain probability vs. loss probability | 1.37 | 1.20 | +0.17 |
Calmar ratioReturn relative to maximum drawdown | 2.56 | 1.05 | +1.50 |
Martin ratioReturn relative to average drawdown | 10.95 | 5.13 | +5.82 |
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
| FAHEX | FXAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.78 | 0.84 | +0.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.72 | 0.68 | +0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.85 | 0.77 | +0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 0.75 | -0.01 |
Correlation
The correlation between FAHEX and FXAIX 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
FAHEX vs. FXAIX - Dividend Comparison
FAHEX's dividend yield for the trailing twelve months is around 3.47%, more than FXAIX's 1.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAHEX Fidelity Advisor High Income Advantage Fund Class C | 3.47% | 3.73% | 3.34% | 3.80% | 6.26% | 3.92% | 2.76% | 3.50% | 4.90% | 3.91% | 4.50% | 3.45% |
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
FAHEX vs. FXAIX - Drawdown Comparison
The maximum FAHEX drawdown since its inception was -49.00%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FAHEX and FXAIX.
Loading graphics...
Drawdown Indicators
| FAHEX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.00% | -33.79% | -15.21% |
Max Drawdown (1Y)Largest decline over 1 year | -4.31% | -12.13% | +7.82% |
Max Drawdown (5Y)Largest decline over 5 years | -15.76% | -24.50% | +8.74% |
Max Drawdown (10Y)Largest decline over 10 years | -28.52% | -33.79% | +5.27% |
Current DrawdownCurrent decline from peak | -3.14% | -8.89% | +5.75% |
Average DrawdownAverage peak-to-trough decline | -5.04% | -3.83% | -1.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.01% | 2.50% | -1.49% |
Volatility
FAHEX vs. FXAIX - Volatility Comparison
The current volatility for Fidelity Advisor High Income Advantage Fund Class C (FAHEX) is 2.22%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.24%. This indicates that FAHEX 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
| FAHEX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.22% | 4.24% | -2.02% |
Volatility (6M)Calculated over the trailing 6-month period | 4.14% | 9.08% | -4.94% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.66% | 18.13% | -11.47% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.26% | 16.88% | -10.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.59% | 18.03% | -10.44% |