Correlation
The correlation between FAYZX and BAICX is 0.75, 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.
FAYZX vs. BAICX
Compare and contrast key facts about Fidelity Advisor Multi-Asset Income Fund Class I (FAYZX) and BlackRock Multi-Asset Income Portfolio (BAICX).
FAYZX is managed by Fidelity. It was launched on Sep 9, 2015. BAICX is managed by Blackrock. It was launched on Apr 7, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FAYZX or BAICX.
Performance
FAYZX vs. BAICX - Performance Comparison
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Key characteristics
FAYZX:
0.50
BAICX:
1.50
FAYZX:
0.69
BAICX:
2.01
FAYZX:
1.09
BAICX:
1.29
FAYZX:
0.39
BAICX:
1.58
FAYZX:
1.33
BAICX:
6.48
FAYZX:
3.81%
BAICX:
1.39%
FAYZX:
11.37%
BAICX:
6.35%
FAYZX:
-21.64%
BAICX:
-33.29%
FAYZX:
-3.70%
BAICX:
-0.10%
Returns By Period
In the year-to-date period, FAYZX achieves a 1.06% return, which is significantly lower than BAICX's 3.70% return.
FAYZX
1.06%
2.55%
-3.05%
5.08%
6.33%
8.58%
N/A
BAICX
3.70%
1.58%
1.43%
8.35%
5.87%
5.25%
4.20%
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FAYZX vs. BAICX - Expense Ratio Comparison
FAYZX has a 0.80% expense ratio, which is lower than BAICX's 0.81% expense ratio.
Risk-Adjusted Performance
FAYZX vs. BAICX — Risk-Adjusted Performance Rank
FAYZX
BAICX
FAYZX vs. BAICX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Multi-Asset Income Fund Class I (FAYZX) and BlackRock Multi-Asset Income Portfolio (BAICX). 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.
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Dividends
FAYZX vs. BAICX - Dividend Comparison
FAYZX's dividend yield for the trailing twelve months is around 3.45%, less than BAICX's 5.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAYZX Fidelity Advisor Multi-Asset Income Fund Class I | 3.45% | 3.81% | 4.21% | 4.69% | 3.21% | 3.40% | 2.82% | 2.96% | 3.33% | 8.07% | 1.36% | 0.00% |
BAICX BlackRock Multi-Asset Income Portfolio | 5.22% | 5.81% | 5.54% | 5.07% | 5.18% | 4.05% | 4.69% | 5.27% | 4.59% | 4.71% | 5.35% | 5.41% |
Drawdowns
FAYZX vs. BAICX - Drawdown Comparison
The maximum FAYZX drawdown since its inception was -21.64%, smaller than the maximum BAICX drawdown of -33.29%. Use the drawdown chart below to compare losses from any high point for FAYZX and BAICX.
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Volatility
FAYZX vs. BAICX - Volatility Comparison
Fidelity Advisor Multi-Asset Income Fund Class I (FAYZX) has a higher volatility of 2.48% compared to BlackRock Multi-Asset Income Portfolio (BAICX) at 1.52%. This indicates that FAYZX's price experiences larger fluctuations and is considered to be riskier than BAICX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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