FAYZX vs. FXAIX
Compare and contrast key facts about Fidelity Advisor Multi-Asset Income Fund Class I (FAYZX) and Fidelity 500 Index Fund (FXAIX).
FAYZX is managed by Fidelity. It was launched on Sep 9, 2015. FXAIX is a passively managed fund by Fidelity that tracks the performance of the S&P 500 Index. It was launched on Feb 17, 1988.
Performance
FAYZX vs. FXAIX - Performance Comparison
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FAYZX vs. FXAIX - 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% |
FXAIX Fidelity 500 Index Fund | -7.05% | 17.84% | 25.01% | 26.29% | -18.14% | 28.71% | 18.42% | 31.48% | -4.43% | 21.82% |
Returns By Period
In the year-to-date period, FAYZX achieves a 0.32% return, which is significantly higher than FXAIX's -7.05% return. Over the past 10 years, FAYZX has underperformed FXAIX with an annualized return of 8.62%, while FXAIX has yielded a comparatively higher 13.75% 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%
FXAIX
- 1D
- -0.39%
- 1M
- -7.68%
- YTD
- -7.05%
- 6M
- -4.59%
- 1Y
- 14.42%
- 3Y*
- 17.17%
- 5Y*
- 11.40%
- 10Y*
- 13.75%
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FAYZX vs. FXAIX - Expense Ratio Comparison
FAYZX has a 0.80% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Return for Risk
FAYZX vs. FXAIX — Risk / Return Rank
FAYZX
FXAIX
FAYZX vs. FXAIX - 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 500 Index Fund (FXAIX). 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 | FXAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.46 | 0.84 | +0.62 |
Sortino ratioReturn per unit of downside risk | 1.99 | 1.30 | +0.70 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.20 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 2.05 | 1.05 | +1.00 |
Martin ratioReturn relative to average drawdown | 7.74 | 5.13 | +2.61 |
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 | FXAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.46 | 0.84 | +0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.61 | 0.68 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.89 | 0.77 | +0.12 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.89 | 0.75 | +0.14 |
Correlation
The correlation between FAYZX and FXAIX is 0.82, 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. FXAIX - Dividend Comparison
FAYZX's dividend yield for the trailing twelve months is around 3.49%, more than FXAIX's 1.20% 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% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
Drawdowns
FAYZX vs. FXAIX - Drawdown Comparison
The maximum FAYZX drawdown since its inception was -21.64%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FAYZX and FXAIX.
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Drawdown Indicators
| FAYZX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.64% | -33.79% | +12.15% |
Max Drawdown (1Y)Largest decline over 1 year | -7.94% | -12.13% | +4.19% |
Max Drawdown (5Y)Largest decline over 5 years | -18.13% | -24.50% | +6.37% |
Max Drawdown (10Y)Largest decline over 10 years | -21.64% | -33.79% | +12.15% |
Current DrawdownCurrent decline from peak | -6.47% | -8.89% | +2.42% |
Average DrawdownAverage peak-to-trough decline | -3.45% | -3.83% | +0.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.10% | 2.50% | -0.40% |
Volatility
FAYZX vs. FXAIX - Volatility Comparison
The current volatility for Fidelity Advisor Multi-Asset Income Fund Class I (FAYZX) is 3.97%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.24%. This indicates that FAYZX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FAYZX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.97% | 4.24% | -0.27% |
Volatility (6M)Calculated over the trailing 6-month period | 7.99% | 9.08% | -1.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.84% | 18.13% | -6.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.77% | 16.88% | -7.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.76% | 18.03% | -8.27% |