FCBAX vs. FXAIX
Compare and contrast key facts about Fidelity Advisor Corporate Bond Fund Class A (FCBAX) and Fidelity 500 Index Fund (FXAIX).
FCBAX is managed by Fidelity. It was launched on May 4, 2010. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCBAX or FXAIX.
Correlation
The correlation between FCBAX and FXAIX is -0.10. 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
FCBAX vs. FXAIX - Performance Comparison
Key characteristics
FCBAX:
0.34
FXAIX:
1.88
FCBAX:
0.52
FXAIX:
2.51
FCBAX:
1.06
FXAIX:
1.35
FCBAX:
0.14
FXAIX:
2.83
FCBAX:
0.99
FXAIX:
11.87
FCBAX:
2.00%
FXAIX:
2.02%
FCBAX:
5.82%
FXAIX:
12.77%
FCBAX:
-23.41%
FXAIX:
-33.79%
FCBAX:
-11.18%
FXAIX:
-3.94%
Returns By Period
In the year-to-date period, FCBAX achieves a -1.44% return, which is significantly lower than FXAIX's -0.62% return. Over the past 10 years, FCBAX has underperformed FXAIX with an annualized return of 1.71%, while FXAIX has yielded a comparatively higher 13.08% annualized return.
FCBAX
-1.44%
-2.66%
-1.06%
1.01%
-0.67%
1.71%
FXAIX
-0.62%
-3.35%
3.79%
23.82%
13.82%
13.08%
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FCBAX vs. FXAIX - Expense Ratio Comparison
FCBAX has a 0.77% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
FCBAX vs. FXAIX — Risk-Adjusted Performance Rank
FCBAX
FXAIX
FCBAX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Corporate Bond Fund Class A (FCBAX) 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.
Dividends
FCBAX vs. FXAIX - Dividend Comparison
FCBAX's dividend yield for the trailing twelve months is around 3.38%, more than FXAIX's 1.25% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCBAX Fidelity Advisor Corporate Bond Fund Class A | 3.38% | 3.33% | 3.42% | 3.02% | 2.20% | 2.26% | 2.97% | 3.31% | 2.83% | 2.92% | 2.97% | 2.74% |
FXAIX Fidelity 500 Index Fund | 1.25% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
FCBAX vs. FXAIX - Drawdown Comparison
The maximum FCBAX drawdown since its inception was -23.41%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FCBAX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
FCBAX vs. FXAIX - Volatility Comparison
The current volatility for Fidelity Advisor Corporate Bond Fund Class A (FCBAX) is 1.36%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.57%. This indicates that FCBAX 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.