FARFX vs. ASFYX
Compare and contrast key facts about Fidelity Advisor Managed Retirement 2025 Fund Class A (FARFX) and AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX).
FARFX is managed by BlackRock. It was launched on Dec 31, 2007. ASFYX is managed by BlackRock. It was launched on Jul 30, 2010.
Performance
FARFX vs. ASFYX - Performance Comparison
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FARFX vs. ASFYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FARFX Fidelity Advisor Managed Retirement 2025 Fund Class A | -0.13% | 13.15% | 6.30% | 11.55% | -15.86% | 7.73% | 12.80% | 17.23% | -5.29% | 13.98% |
ASFYX AlphaSimplex Managed Futures Strategy Fund Class Y | 6.72% | -9.67% | -3.22% | -10.33% | 35.67% | 3.52% | 13.59% | 8.99% | -12.59% | 6.78% |
Returns By Period
In the year-to-date period, FARFX achieves a -0.13% return, which is significantly lower than ASFYX's 6.72% return. Over the past 10 years, FARFX has outperformed ASFYX with an annualized return of 6.33%, while ASFYX has yielded a comparatively lower 1.88% annualized return.
FARFX
- 1D
- 1.34%
- 1M
- -3.23%
- YTD
- -0.13%
- 6M
- 1.39%
- 1Y
- 10.82%
- 3Y*
- 8.48%
- 5Y*
- 3.49%
- 10Y*
- 6.33%
ASFYX
- 1D
- 0.12%
- 1M
- -0.84%
- YTD
- 6.72%
- 6M
- 10.49%
- 1Y
- 3.28%
- 3Y*
- -2.85%
- 5Y*
- 2.28%
- 10Y*
- 1.88%
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FARFX vs. ASFYX - Expense Ratio Comparison
FARFX has a 0.73% expense ratio, which is lower than ASFYX's 1.47% expense ratio.
Return for Risk
FARFX vs. ASFYX — Risk / Return Rank
FARFX
ASFYX
FARFX vs. ASFYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Managed Retirement 2025 Fund Class A (FARFX) and AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX). 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.
| FARFX | ASFYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.47 | 0.27 | +1.19 |
Sortino ratioReturn per unit of downside risk | 2.07 | 0.42 | +1.65 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.06 | +0.24 |
Calmar ratioReturn relative to maximum drawdown | 1.99 | 0.18 | +1.82 |
Martin ratioReturn relative to average drawdown | 8.36 | 0.29 | +8.07 |
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
| FARFX | ASFYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.47 | 0.27 | +1.19 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.17 | +0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | 0.15 | +0.61 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.31 | +0.16 |
Correlation
The correlation between FARFX and ASFYX is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
FARFX vs. ASFYX - Dividend Comparison
FARFX's dividend yield for the trailing twelve months is around 2.45%, more than ASFYX's 1.42% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FARFX Fidelity Advisor Managed Retirement 2025 Fund Class A | 2.45% | 2.43% | 2.35% | 2.21% | 4.50% | 4.96% | 3.36% | 3.64% | 6.83% | 24.58% | 2.20% | 4.23% |
ASFYX AlphaSimplex Managed Futures Strategy Fund Class Y | 1.42% | 1.52% | 1.46% | 0.99% | 32.48% | 6.07% | 3.40% | 5.51% | 1.30% | 0.07% | 0.01% | 5.06% |
Drawdowns
FARFX vs. ASFYX - Drawdown Comparison
The maximum FARFX drawdown since its inception was -41.46%, which is greater than ASFYX's maximum drawdown of -36.43%. Use the drawdown chart below to compare losses from any high point for FARFX and ASFYX.
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Drawdown Indicators
| FARFX | ASFYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.46% | -36.43% | -5.03% |
Max Drawdown (1Y)Largest decline over 1 year | -5.65% | -13.51% | +7.86% |
Max Drawdown (5Y)Largest decline over 5 years | -21.75% | -36.43% | +14.68% |
Max Drawdown (10Y)Largest decline over 10 years | -21.75% | -36.43% | +14.68% |
Current DrawdownCurrent decline from peak | -3.70% | -24.28% | +20.58% |
Average DrawdownAverage peak-to-trough decline | -5.38% | -13.10% | +7.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.35% | 8.26% | -6.91% |
Volatility
FARFX vs. ASFYX - Volatility Comparison
The current volatility for Fidelity Advisor Managed Retirement 2025 Fund Class A (FARFX) is 3.32%, while AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX) has a volatility of 3.82%. This indicates that FARFX experiences smaller price fluctuations and is considered to be less risky than ASFYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FARFX | ASFYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.32% | 3.82% | -0.50% |
Volatility (6M)Calculated over the trailing 6-month period | 4.74% | 10.00% | -5.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.67% | 13.00% | -5.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.13% | 13.67% | -5.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.34% | 12.68% | -4.34% |