FBNAX vs. FSBHX
Compare and contrast key facts about Fidelity Advisor Short-Term Bond Fund Class A (FBNAX) and Fidelity Advisor Short Duration High Income Fund Class A (FSBHX).
FBNAX is managed by Fidelity. It was launched on Jul 12, 2016. FSBHX is managed by Fidelity. It was launched on Nov 5, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBNAX or FSBHX.
Correlation
The correlation between FBNAX and FSBHX is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
FBNAX vs. FSBHX - Performance Comparison
Key characteristics
FBNAX:
2.65
FSBHX:
2.13
FBNAX:
4.64
FSBHX:
3.08
FBNAX:
1.61
FSBHX:
1.56
FBNAX:
5.74
FSBHX:
1.94
FBNAX:
15.03
FSBHX:
8.75
FBNAX:
0.37%
FSBHX:
0.74%
FBNAX:
2.12%
FSBHX:
3.00%
FBNAX:
-6.86%
FSBHX:
-16.79%
FBNAX:
-0.47%
FSBHX:
-0.74%
Returns By Period
In the year-to-date period, FBNAX achieves a 1.69% return, which is significantly higher than FSBHX's 0.69% return.
FBNAX
1.69%
0.21%
2.25%
5.64%
1.50%
N/A
FSBHX
0.69%
2.55%
1.39%
6.43%
4.60%
3.30%
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FBNAX vs. FSBHX - Expense Ratio Comparison
FBNAX has a 0.65% expense ratio, which is lower than FSBHX's 1.00% expense ratio.
Risk-Adjusted Performance
FBNAX vs. FSBHX — Risk-Adjusted Performance Rank
FBNAX
FSBHX
FBNAX vs. FSBHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Short-Term Bond Fund Class A (FBNAX) and Fidelity Advisor Short Duration High Income Fund Class A (FSBHX). 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
FBNAX vs. FSBHX - Dividend Comparison
FBNAX's dividend yield for the trailing twelve months is around 3.93%, less than FSBHX's 6.30% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBNAX Fidelity Advisor Short-Term Bond Fund Class A | 3.93% | 3.80% | 2.80% | 0.88% | 1.03% | 2.53% | 1.93% | 1.57% | 1.07% | 0.45% | 0.00% | 0.00% |
FSBHX Fidelity Advisor Short Duration High Income Fund Class A | 6.30% | 6.25% | 5.70% | 4.10% | 3.14% | 3.23% | 3.97% | 4.25% | 3.84% | 4.07% | 4.56% | 3.35% |
Drawdowns
FBNAX vs. FSBHX - Drawdown Comparison
The maximum FBNAX drawdown since its inception was -6.86%, smaller than the maximum FSBHX drawdown of -16.79%. Use the drawdown chart below to compare losses from any high point for FBNAX and FSBHX. For additional features, visit the drawdowns tool.
Volatility
FBNAX vs. FSBHX - Volatility Comparison
The current volatility for Fidelity Advisor Short-Term Bond Fund Class A (FBNAX) is 0.73%, while Fidelity Advisor Short Duration High Income Fund Class A (FSBHX) has a volatility of 1.07%. This indicates that FBNAX experiences smaller price fluctuations and is considered to be less risky than FSBHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.