FBKWX vs. FIWDX
Compare and contrast key facts about Fidelity Advisor Total Bond Fund Class Z (FBKWX) and Fidelity Advisor Strategic Income Fund Class Z (FIWDX).
FBKWX is managed by Fidelity. It was launched on Oct 15, 2002. FIWDX is managed by Fidelity. It was launched on Oct 2, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBKWX or FIWDX.
Key characteristics
| FBKWX | FIWDX | |
|---|---|---|
| YTD Return | 3.06% | 6.68% |
| 1Y Return | 9.65% | 13.09% |
| 3Y Return (Ann) | -1.25% | 0.70% |
| 5Y Return (Ann) | 0.61% | 2.52% |
| Sharpe Ratio | 1.49 | 3.10 |
| Sortino Ratio | 2.22 | 4.88 |
| Omega Ratio | 1.27 | 1.64 |
| Calmar Ratio | 0.66 | 1.31 |
| Martin Ratio | 5.63 | 18.69 |
| Ulcer Index | 1.48% | 0.64% |
| Daily Std Dev | 5.73% | 3.99% |
| Max Drawdown | -18.08% | -16.65% |
| Current Drawdown | -5.29% | -0.92% |
Correlation
The correlation between FBKWX and FIWDX 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.
Performance
FBKWX vs. FIWDX - Performance Comparison
In the year-to-date period, FBKWX achieves a 3.06% return, which is significantly lower than FIWDX's 6.68% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FBKWX vs. FIWDX - Expense Ratio Comparison
FBKWX has a 0.36% expense ratio, which is lower than FIWDX's 0.61% expense ratio.
Risk-Adjusted Performance
FBKWX vs. FIWDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Total Bond Fund Class Z (FBKWX) and Fidelity Advisor Strategic Income Fund Class Z (FIWDX). 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
FBKWX vs. FIWDX - Dividend Comparison
FBKWX's dividend yield for the trailing twelve months is around 4.44%, more than FIWDX's 4.38% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FBKWX Fidelity Advisor Total Bond Fund Class Z | 4.44% | 4.23% | 3.42% | 2.29% | 2.62% | 3.02% | 3.31% | 2.84% | 3.06% | 3.81% | 0.22% |
FIWDX Fidelity Advisor Strategic Income Fund Class Z | 4.38% | 4.38% | 3.76% | 2.80% | 3.39% | 3.52% | 1.14% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FBKWX vs. FIWDX - Drawdown Comparison
The maximum FBKWX drawdown since its inception was -18.08%, which is greater than FIWDX's maximum drawdown of -16.65%. Use the drawdown chart below to compare losses from any high point for FBKWX and FIWDX. For additional features, visit the drawdowns tool.
Volatility
FBKWX vs. FIWDX - Volatility Comparison
Fidelity Advisor Total Bond Fund Class Z (FBKWX) has a higher volatility of 1.75% compared to Fidelity Advisor Strategic Income Fund Class Z (FIWDX) at 0.96%. This indicates that FBKWX's price experiences larger fluctuations and is considered to be riskier than FIWDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.