FAMRX vs. FSMAX
Compare and contrast key facts about Fidelity Asset Manager 85% Fund (FAMRX) and Fidelity Extended Market Index Fund (FSMAX).
FAMRX is managed by BlackRock. It was launched on Sep 24, 1999. FSMAX is managed by Fidelity.
Performance
FAMRX vs. FSMAX - Performance Comparison
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FAMRX vs. FSMAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FAMRX Fidelity Asset Manager 85% Fund | -3.73% | 20.87% | 12.60% | 18.98% | -18.55% | 17.10% | 19.37% | 26.26% | -9.21% | 21.08% |
FSMAX Fidelity Extended Market Index Fund | -4.54% | 11.40% | 16.99% | 25.36% | -26.44% | 12.41% | 32.28% | 28.01% | -9.44% | 18.04% |
Returns By Period
In the year-to-date period, FAMRX achieves a -3.73% return, which is significantly higher than FSMAX's -4.54% return. Both investments have delivered pretty close results over the past 10 years, with FAMRX having a 10.12% annualized return and FSMAX not far ahead at 10.54%.
FAMRX
- 1D
- -0.38%
- 1M
- -8.65%
- YTD
- -3.73%
- 6M
- -0.48%
- 1Y
- 17.83%
- 3Y*
- 13.39%
- 5Y*
- 7.41%
- 10Y*
- 10.12%
FSMAX
- 1D
- -1.03%
- 1M
- -7.76%
- YTD
- -4.54%
- 6M
- -4.39%
- 1Y
- 16.77%
- 3Y*
- 13.78%
- 5Y*
- 3.66%
- 10Y*
- 10.54%
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FAMRX vs. FSMAX - Expense Ratio Comparison
FAMRX has a 0.70% expense ratio, which is higher than FSMAX's 0.04% expense ratio.
Return for Risk
FAMRX vs. FSMAX — Risk / Return Rank
FAMRX
FSMAX
FAMRX vs. FSMAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Asset Manager 85% Fund (FAMRX) and Fidelity Extended Market Index Fund (FSMAX). 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.
| FAMRX | FSMAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.15 | 0.72 | +0.43 |
Sortino ratioReturn per unit of downside risk | 1.66 | 1.16 | +0.50 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.16 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 1.47 | 0.95 | +0.53 |
Martin ratioReturn relative to average drawdown | 6.61 | 3.91 | +2.71 |
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
| FAMRX | FSMAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.15 | 0.72 | +0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.51 | 0.16 | +0.35 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.67 | 0.35 | +0.32 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.41 | -0.02 |
Correlation
The correlation between FAMRX and FSMAX is 0.91, 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
FAMRX vs. FSMAX - Dividend Comparison
FAMRX's dividend yield for the trailing twelve months is around 5.78%, more than FSMAX's 0.60% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAMRX Fidelity Asset Manager 85% Fund | 5.78% | 5.56% | 3.44% | 1.33% | 5.07% | 3.15% | 1.99% | 5.52% | 5.62% | 2.31% | 0.28% | 4.83% |
FSMAX Fidelity Extended Market Index Fund | 0.60% | 0.57% | 0.48% | 1.17% | 1.90% | 7.49% | 2.14% | 4.30% | 6.09% | 5.44% | 4.85% | 6.34% |
Drawdowns
FAMRX vs. FSMAX - Drawdown Comparison
The maximum FAMRX drawdown since its inception was -58.65%, which is greater than FSMAX's maximum drawdown of -50.55%. Use the drawdown chart below to compare losses from any high point for FAMRX and FSMAX.
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Drawdown Indicators
| FAMRX | FSMAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.65% | -50.55% | -8.10% |
Max Drawdown (1Y)Largest decline over 1 year | -10.77% | -14.64% | +3.87% |
Max Drawdown (5Y)Largest decline over 5 years | -26.00% | -36.31% | +10.31% |
Max Drawdown (10Y)Largest decline over 10 years | -30.96% | -50.55% | +19.59% |
Current DrawdownCurrent decline from peak | -9.33% | -10.26% | +0.93% |
Average DrawdownAverage peak-to-trough decline | -12.40% | -12.29% | -0.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.40% | 3.54% | -1.14% |
Volatility
FAMRX vs. FSMAX - Volatility Comparison
The current volatility for Fidelity Asset Manager 85% Fund (FAMRX) is 5.40%, while Fidelity Extended Market Index Fund (FSMAX) has a volatility of 6.01%. This indicates that FAMRX experiences smaller price fluctuations and is considered to be less risky than FSMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FAMRX | FSMAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.40% | 6.01% | -0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 9.28% | 13.07% | -3.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.42% | 22.79% | -7.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.49% | 22.32% | -7.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.17% | 30.19% | -15.02% |