FASMX vs. VWIAX
Compare and contrast key facts about Fidelity Asset Manager 50% Fund (FASMX) and Vanguard Wellesley Income Fund Admiral Shares (VWIAX).
FASMX is managed by Blackrock. It was launched on Dec 28, 1988. VWIAX is managed by Vanguard. It was launched on May 14, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FASMX or VWIAX.
Key characteristics
| FASMX | VWIAX | |
|---|---|---|
| YTD Return | 1.89% | 0.13% |
| 1Y Return | 9.09% | 5.43% |
| 3Y Return (Ann) | 0.95% | 0.76% |
| 5Y Return (Ann) | 5.81% | 4.45% |
| 10Y Return (Ann) | 5.29% | 5.10% |
| Sharpe Ratio | 1.26 | 0.69 |
| Daily Std Dev | 7.35% | 7.75% |
| Max Drawdown | -36.82% | -21.64% |
| Current Drawdown | -2.81% | -2.48% |
Correlation
The correlation between FASMX and VWIAX is 0.80, 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.
Performance
FASMX vs. VWIAX - Performance Comparison
In the year-to-date period, FASMX achieves a 1.89% return, which is significantly higher than VWIAX's 0.13% return. Both investments have delivered pretty close results over the past 10 years, with FASMX having a 5.29% annualized return and VWIAX not far behind at 5.10%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FASMX vs. VWIAX - Expense Ratio Comparison
FASMX has a 0.62% expense ratio, which is higher than VWIAX's 0.16% expense ratio.
Risk-Adjusted Performance
FASMX vs. VWIAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Asset Manager 50% Fund (FASMX) and Vanguard Wellesley Income Fund Admiral Shares (VWIAX). 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.
Dividends
FASMX vs. VWIAX - Dividend Comparison
FASMX's dividend yield for the trailing twelve months is around 2.21%, less than VWIAX's 4.89% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FASMX Fidelity Asset Manager 50% Fund | 2.21% | 2.18% | 6.78% | 2.91% | 2.40% | 4.21% | 5.28% | 4.32% | 2.07% | 1.93% | 8.91% | 6.96% |
VWIAX Vanguard Wellesley Income Fund Admiral Shares | 4.89% | 4.80% | 7.75% | 6.11% | 4.37% | 4.00% | 7.64% | 4.06% | 4.07% | 5.66% | 4.99% | 5.87% |
Drawdowns
FASMX vs. VWIAX - Drawdown Comparison
The maximum FASMX drawdown since its inception was -36.82%, which is greater than VWIAX's maximum drawdown of -21.64%. Use the drawdown chart below to compare losses from any high point for FASMX and VWIAX. For additional features, visit the drawdowns tool.
Volatility
FASMX vs. VWIAX - Volatility Comparison
Fidelity Asset Manager 50% Fund (FASMX) has a higher volatility of 2.41% compared to Vanguard Wellesley Income Fund Admiral Shares (VWIAX) at 2.03%. This indicates that FASMX's price experiences larger fluctuations and is considered to be riskier than VWIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.