FAYZX vs. FASMX
Compare and contrast key facts about Fidelity Advisor Multi-Asset Income Fund Class I (FAYZX) and Fidelity Asset Manager 50% Fund (FASMX).
FAYZX is managed by Fidelity. It was launched on Sep 9, 2015. FASMX is managed by BlackRock. It was launched on Dec 28, 1988.
Performance
FAYZX vs. FASMX - Performance Comparison
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FAYZX vs. FASMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FAYZX Fidelity Advisor Multi-Asset Income Fund Class I | 0.32% | 14.13% | 9.59% | 11.73% | -13.69% | 17.17% | 16.39% | 23.15% | -3.01% | 6.21% |
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% |
Returns By Period
In the year-to-date period, FAYZX achieves a 0.32% return, which is significantly higher than FASMX's -2.02% return. Over the past 10 years, FAYZX has outperformed FASMX with an annualized return of 8.62%, while FASMX has yielded a comparatively lower 6.84% annualized return.
FAYZX
- 1D
- -0.39%
- 1M
- -6.13%
- YTD
- 0.32%
- 6M
- 0.27%
- 1Y
- 16.77%
- 3Y*
- 9.65%
- 5Y*
- 5.88%
- 10Y*
- 8.62%
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%
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FAYZX vs. FASMX - Expense Ratio Comparison
FAYZX has a 0.80% expense ratio, which is higher than FASMX's 0.62% expense ratio.
Return for Risk
FAYZX vs. FASMX — Risk / Return Rank
FAYZX
FASMX
FAYZX vs. FASMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Multi-Asset Income Fund Class I (FAYZX) and Fidelity Asset Manager 50% Fund (FASMX). 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.
| FAYZX | FASMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.46 | 1.32 | +0.13 |
Sortino ratioReturn per unit of downside risk | 1.99 | 1.87 | +0.12 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.27 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 2.05 | 1.71 | +0.34 |
Martin ratioReturn relative to average drawdown | 7.74 | 7.35 | +0.39 |
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
| FAYZX | FASMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.46 | 1.32 | +0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 0.54 | +0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.89 | 0.74 | +0.14 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.89 | 0.82 | +0.07 |
Correlation
The correlation between FAYZX and FASMX is 0.88, 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.
Dividends
FAYZX vs. FASMX - Dividend Comparison
FAYZX's dividend yield for the trailing twelve months is around 3.49%, less than FASMX's 7.74% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAYZX Fidelity Advisor Multi-Asset Income Fund Class I | 3.49% | 3.77% | 3.51% | 4.21% | 3.73% | 2.79% | 3.27% | 2.82% | 2.96% | 3.34% | 8.29% | 0.00% |
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% |
Drawdowns
FAYZX vs. FASMX - Drawdown Comparison
The maximum FAYZX drawdown since its inception was -21.64%, smaller than the maximum FASMX drawdown of -37.75%. Use the drawdown chart below to compare losses from any high point for FAYZX and FASMX.
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Drawdown Indicators
| FAYZX | FASMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.64% | -37.75% | +16.11% |
Max Drawdown (1Y)Largest decline over 1 year | -7.94% | -6.84% | -1.10% |
Max Drawdown (5Y)Largest decline over 5 years | -18.13% | -20.54% | +2.41% |
Max Drawdown (10Y)Largest decline over 10 years | -21.64% | -21.27% | -0.37% |
Current DrawdownCurrent decline from peak | -6.47% | -6.19% | -0.28% |
Average DrawdownAverage peak-to-trough decline | -3.45% | -4.13% | +0.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.10% | 1.59% | +0.51% |
Volatility
FAYZX vs. FASMX - Volatility Comparison
Fidelity Advisor Multi-Asset Income Fund Class I (FAYZX) has a higher volatility of 3.97% compared to Fidelity Asset Manager 50% Fund (FASMX) at 3.59%. This indicates that FAYZX's price experiences larger fluctuations and is considered to be riskier than FASMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FAYZX | FASMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.97% | 3.59% | +0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 7.99% | 5.90% | +2.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.84% | 9.51% | +2.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.77% | 9.21% | +0.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.76% | 9.24% | +0.52% |