FASMX vs. ASFYX
Compare and contrast key facts about Fidelity Asset Manager 50% Fund (FASMX) and AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX).
FASMX is managed by BlackRock. It was launched on Dec 28, 1988. ASFYX is managed by BlackRock. It was launched on Jul 30, 2010.
Performance
FASMX vs. ASFYX - Performance Comparison
Loading graphics...
FASMX vs. ASFYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FASMX Fidelity Asset Manager 50% Fund | -2.02% | 14.94% | 8.46% | 13.09% | -14.93% | 9.86% | 14.72% | 18.25% | -5.51% | 11.73% |
ASFYX AlphaSimplex Managed Futures Strategy Fund Class Y | 6.59% | -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, FASMX achieves a -2.02% return, which is significantly lower than ASFYX's 6.59% return. Over the past 10 years, FASMX has outperformed ASFYX with an annualized return of 6.84%, while ASFYX has yielded a comparatively lower 1.87% annualized return.
FASMX
- 1D
- -0.09%
- 1M
- -5.86%
- YTD
- -2.02%
- 6M
- 0.38%
- 1Y
- 12.51%
- 3Y*
- 9.57%
- 5Y*
- 4.94%
- 10Y*
- 6.84%
ASFYX
- 1D
- 0.00%
- 1M
- -1.55%
- YTD
- 6.59%
- 6M
- 10.95%
- 1Y
- 3.41%
- 3Y*
- -2.89%
- 5Y*
- 2.30%
- 10Y*
- 1.87%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FASMX vs. ASFYX - Expense Ratio Comparison
FASMX has a 0.62% expense ratio, which is lower than ASFYX's 1.47% expense ratio.
Return for Risk
FASMX vs. ASFYX — Risk / Return Rank
FASMX
ASFYX
FASMX vs. ASFYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Asset Manager 50% Fund (FASMX) 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.
| FASMX | ASFYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.32 | 0.18 | +1.15 |
Sortino ratioReturn per unit of downside risk | 1.87 | 0.30 | +1.57 |
Omega ratioGain probability vs. loss probability | 1.27 | 1.04 | +0.23 |
Calmar ratioReturn relative to maximum drawdown | 1.71 | 0.10 | +1.61 |
Martin ratioReturn relative to average drawdown | 7.35 | 0.16 | +7.19 |
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
| FASMX | ASFYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.32 | 0.18 | +1.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.17 | +0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.74 | 0.15 | +0.60 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.82 | 0.31 | +0.51 |
Correlation
The correlation between FASMX and ASFYX is 0.22, 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
FASMX vs. ASFYX - Dividend Comparison
FASMX's dividend yield for the trailing twelve months is around 7.74%, more than ASFYX's 1.43% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FASMX Fidelity Asset Manager 50% Fund | 7.74% | 7.58% | 3.88% | 2.18% | 6.78% | 2.91% | 2.40% | 4.21% | 5.11% | 2.24% | 1.69% | 5.77% |
ASFYX AlphaSimplex Managed Futures Strategy Fund Class Y | 1.43% | 1.52% | 1.46% | 0.99% | 32.48% | 6.07% | 3.40% | 5.51% | 1.30% | 0.07% | 0.01% | 5.06% |
Drawdowns
FASMX vs. ASFYX - Drawdown Comparison
The maximum FASMX drawdown since its inception was -37.75%, roughly equal to the maximum ASFYX drawdown of -36.43%. Use the drawdown chart below to compare losses from any high point for FASMX and ASFYX.
Loading graphics...
Drawdown Indicators
| FASMX | ASFYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.75% | -36.43% | -1.32% |
Max Drawdown (1Y)Largest decline over 1 year | -6.84% | -13.51% | +6.67% |
Max Drawdown (5Y)Largest decline over 5 years | -20.54% | -36.43% | +15.89% |
Max Drawdown (10Y)Largest decline over 10 years | -21.27% | -36.43% | +15.16% |
Current DrawdownCurrent decline from peak | -6.19% | -24.37% | +18.18% |
Average DrawdownAverage peak-to-trough decline | -4.13% | -13.09% | +8.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.59% | 8.72% | -7.13% |
Volatility
FASMX vs. ASFYX - Volatility Comparison
The current volatility for Fidelity Asset Manager 50% Fund (FASMX) is 3.59%, while AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX) has a volatility of 3.86%. This indicates that FASMX 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.
Loading graphics...
Volatility by Period
| FASMX | ASFYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.59% | 3.86% | -0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 5.90% | 10.01% | -4.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.51% | 13.02% | -3.51% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.21% | 13.68% | -4.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.24% | 12.68% | -3.44% |