PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan
FASIX vs. VTCLX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FASIX vs. VTCLX

Last updated Jun 4, 2026

FASIX (Fidelity Asset Manager 20% Fund) and VTCLX (Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares) are both mutual funds - FASIX is a Diversified Portfolio fund managed by BlackRock, while VTCLX is a Large Cap Blend Equities fund managed by BlackRock. Over the past 10 years, FASIX returned 4.49%/yr vs 15.47%/yr for VTCLX. A 0.79 correlation means they provide meaningful diversification when combined. FASIX charges 0.51%/yr vs 0.09%/yr for VTCLX.

Performance

FASIX vs. VTCLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Asset Manager 20% Fund (FASIX) and Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares (VTCLX). The values are adjusted to include any dividend payments, if applicable.

Loading charts...

Returns By Period

In the year-to-date period, FASIX achieves a 4.52% return, which is significantly lower than VTCLX's 11.31% return. Over the past 10 years, FASIX has underperformed VTCLX with an annualized return of 4.49%, while VTCLX has yielded a comparatively higher 15.47% annualized return.

FASIX

1D
0.20%
1M
1.57%
YTD
4.52%
6M
4.81%
1Y
11.66%
3Y*
8.01%
5Y*
3.71%
10Y*
4.49%

VTCLX

1D
0.22%
1M
5.61%
YTD
11.31%
6M
11.26%
1Y
28.29%
3Y*
22.21%
5Y*
13.46%
10Y*
15.47%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FASIX vs. VTCLX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
FASIX
Fidelity Asset Manager 20% Fund		4.52%9.58%5.34%8.00%-10.20%4.04%8.62%10.64%-1.63%6.60%
VTCLX
Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares		11.31%17.44%23.76%26.62%-19.07%26.87%21.08%31.47%-4.98%22.40%

Correlation

The correlation between FASIX and VTCLX is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.82

Correlation (3Y)
Calculated over the trailing 3-year period

0.74

Correlation (5Y)
Calculated over the trailing 5-year period

0.73

Correlation (10Y)
Calculated over the trailing 10-year period

0.73

Correlation (All Time)
Calculated using the full available price history since Nov 13, 2001

0.79

The correlation between FASIX and VTCLX has been stable across timeframes, ranging from 0.73 to 0.82 - a consistent structural relationship.

FASIX vs. VTCLX - Sectors Allocation Comparison

Sectors
FASIX
VTCLX

Technology

26.6%
33.9%

Financial Services

16.2%
11.9%

Industrials

12.8%
8.8%

Consumer Cyclical

9.4%
10.1%

Healthcare

8.8%
8.6%

Communication Services

7.9%
10.9%

Consumer Defensive

4.9%
4.9%

Basic Materials

4.4%
2.1%

Energy

3.8%
3.8%

Real Estate

2.7%
2.0%

Utilities

2.5%
2.7%

Technology

FASIX
26.6%
VTCLX
33.9%

Financial Services

FASIX
16.2%
VTCLX
11.9%

Industrials

FASIX
12.8%
VTCLX
8.8%

Consumer Cyclical

FASIX
9.4%
VTCLX
10.1%

Healthcare

FASIX
8.8%
VTCLX
8.6%

Communication Services

FASIX
7.9%
VTCLX
10.9%

Consumer Defensive

FASIX
4.9%
VTCLX
4.9%

Basic Materials

FASIX
4.4%
VTCLX
2.1%

Energy

FASIX
3.8%
VTCLX
3.8%

Real Estate

FASIX
2.7%
VTCLX
2.0%

Utilities

FASIX
2.5%
VTCLX
2.7%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Fidelity Asset Manager 20% Fund

Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares

Often compared with FASIX:
FASIX vs. TAIAXFASIX vs. INPFXFASIX vs. TSITXFASIX vs. DGTSXFASIX vs. FBALXFASIX vs. DGROFASIX vs. AOM
Often compared with VTCLX:
VTCLX vs. VOOVTCLX vs. IWOVTCLX vs. VTMFXVTCLX vs. VTIVTCLX vs. VTMSXVTCLX vs. PRCOXVTCLX vs. VTSMX

Return for Risk

FASIX vs. VTCLX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FASIX
FASIX Risk / Return Rank: 8484
Overall Rank
FASIX Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
FASIX Sortino Ratio Rank: 8888
Sortino Ratio Rank
FASIX Omega Ratio Rank: 8585
Omega Ratio Rank
FASIX Calmar Ratio Rank: 7777
Calmar Ratio Rank
FASIX Martin Ratio Rank: 8282
Martin Ratio Rank
VTCLX
VTCLX Risk / Return Rank: 7070
Overall Rank
VTCLX Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
VTCLX Sortino Ratio Rank: 6363
Sortino Ratio Rank
VTCLX Omega Ratio Rank: 6262
Omega Ratio Rank
VTCLX Calmar Ratio Rank: 7373
Calmar Ratio Rank
VTCLX Martin Ratio Rank: 8282
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FASIX vs. VTCLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Asset Manager 20% Fund (FASIX) and Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares (VTCLX). 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.

FASIXVTCLXDifference
Sharpe ratioReturn per unit of total volatility
2.85
2.43

+0.41

Sortino ratioReturn per unit of downside risk
4.23
3.32

+0.91

Omega ratioGain probability vs. loss probability

1.58

1.44

+0.14

Calmar ratioReturn relative to maximum drawdown

3.52

3.32

+0.20

Martin ratioReturn relative to average drawdown

15.53

15.43

+0.09

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FASIX vs. VTCLX - Sharpe Ratio Comparison

The current FASIX Sharpe Ratio is 2.85, which is comparable to the VTCLX Sharpe Ratio of 2.43. The chart below compares the historical Sharpe Ratios of FASIX and VTCLX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Loading charts...

Sharpe Ratios by Period

FASIXVTCLXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.85

2.43

+0.41

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.74

0.79

-0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.97

0.85

+0.12

Sharpe Ratio (All Time)

Calculated using the full available price history

1.12

0.53

+0.59

Drawdowns

FASIX vs. VTCLX - Drawdown Comparison

The maximum FASIX drawdown since its inception was -19.61%, smaller than the maximum VTCLX drawdown of -55.18%. Use the drawdown chart below to compare losses from any high point for FASIX and VTCLX.

Loading charts...

Drawdown Indicators

FASIXVTCLXDifference

Max Drawdown

Largest peak-to-trough decline

-19.61%

-55.18%

+35.57%

Max Drawdown (1Y)

Largest decline over 1 year

-3.35%

-8.79%

+5.44%

Max Drawdown (3Y)

Largest decline over 3 years

-4.84%

-19.01%

+14.17%

Max Drawdown (5Y)

Largest decline over 5 years

-13.86%

-24.98%

+11.12%

Max Drawdown (10Y)

Largest decline over 10 years

-13.86%

-34.56%

+20.70%

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-1.78%

-7.57%

+5.79%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.76%

1.89%

-1.13%

Volatility

FASIX vs. VTCLX - Volatility Comparison

The current volatility for Fidelity Asset Manager 20% Fund (FASIX) is 1.53%, while Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares (VTCLX) has a volatility of 2.86%. This indicates that FASIX experiences smaller price fluctuations and is considered to be less risky than VTCLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Loading charts...

Volatility by Period

FASIXVTCLXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.53%

2.86%

-1.33%

Volatility (6M)

Calculated over the trailing 6-month period

3.39%

9.09%

-5.70%

Volatility (1Y)

Calculated over the trailing 1-year period

4.14%

12.01%

-7.87%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.05%

17.22%

-12.17%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.64%

18.28%

-13.64%

FASIX vs. VTCLX - Expense Ratio Comparison

FASIX has a 0.51% expense ratio, which is higher than VTCLX's 0.09% expense ratio.

Dividends

FASIX vs. VTCLX - Dividend Comparison

FASIX's dividend yield for the trailing twelve months is around 3.02%, more than VTCLX's 0.85% yield.

PositionTTM20252024202320222021202020192018201720162015
FASIX
Fidelity Asset Manager 20% Fund		3.02%3.21%3.34%3.17%4.55%1.63%2.16%3.02%4.11%3.23%1.85%3.95%
VTCLX
Vanguard Tax-Managed Capital Appreciation Fund Admiral Shares		0.85%0.93%1.04%1.24%1.47%1.04%1.32%1.52%1.83%1.57%1.76%1.69%

Frequently Asked Questions

FASIX and VTCLX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

VTCLX has higher volatility (2.86%) compared to FASIX (1.53%). In terms of maximum drawdown, FASIX dropped -19.61% vs VTCLX's -55.18%.

FASIX currently has the higher Sharpe Ratio (2.85 vs 2.43), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

Find the right allocation for FASIX and VTCLX

Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Optimizer