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FCBAX vs. VICBX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FCBAX vs. VICBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Corporate Bond Fund Class A (FCBAX) and Vanguard Intermediate-Term Corporate Bond Index Fund Institutional Shares (VICBX). The values are adjusted to include any dividend payments, if applicable.

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FCBAX vs. VICBX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FCBAX
Fidelity Advisor Corporate Bond Fund Class A
-0.97%7.51%2.21%8.10%-17.32%-1.85%10.46%14.11%-2.90%6.47%
VICBX
Vanguard Intermediate-Term Corporate Bond Index Fund Institutional Shares
-0.51%9.37%3.67%8.87%-14.06%-1.50%9.57%15.96%-1.72%5.50%

Returns By Period

In the year-to-date period, FCBAX achieves a -0.97% return, which is significantly lower than VICBX's -0.51% return. Over the past 10 years, FCBAX has underperformed VICBX with an annualized return of 2.51%, while VICBX has yielded a comparatively higher 3.32% annualized return.


FCBAX

1D
0.28%
1M
-1.94%
YTD
-0.97%
6M
-0.45%
1Y
3.77%
3Y*
4.38%
5Y*
-0.02%
10Y*
2.51%

VICBX

1D
0.40%
1M
-1.61%
YTD
-0.51%
6M
0.38%
1Y
5.77%
3Y*
5.75%
5Y*
1.52%
10Y*
3.32%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FCBAX vs. VICBX - Expense Ratio Comparison

FCBAX has a 0.77% expense ratio, which is higher than VICBX's 0.05% expense ratio.


Return for Risk

FCBAX vs. VICBX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FCBAX
FCBAX Risk / Return Rank: 3333
Overall Rank
FCBAX Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
FCBAX Sortino Ratio Rank: 2929
Sortino Ratio Rank
FCBAX Omega Ratio Rank: 2222
Omega Ratio Rank
FCBAX Calmar Ratio Rank: 4646
Calmar Ratio Rank
FCBAX Martin Ratio Rank: 3434
Martin Ratio Rank

VICBX
VICBX Risk / Return Rank: 7171
Overall Rank
VICBX Sharpe Ratio Rank: 7373
Sharpe Ratio Rank
VICBX Sortino Ratio Rank: 7373
Sortino Ratio Rank
VICBX Omega Ratio Rank: 6060
Omega Ratio Rank
VICBX Calmar Ratio Rank: 7878
Calmar Ratio Rank
VICBX Martin Ratio Rank: 7171
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FCBAX vs. VICBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Corporate Bond Fund Class A (FCBAX) and Vanguard Intermediate-Term Corporate Bond Index Fund Institutional Shares (VICBX). 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.


FCBAXVICBXDifference

Sharpe ratio

Return per unit of total volatility

0.86

1.38

-0.52

Sortino ratio

Return per unit of downside risk

1.20

1.95

-0.74

Omega ratio

Gain probability vs. loss probability

1.15

1.25

-0.10

Calmar ratio

Return relative to maximum drawdown

1.39

2.01

-0.62

Martin ratio

Return relative to average drawdown

4.38

7.38

-3.00

FCBAX vs. VICBX - Sharpe Ratio Comparison

The current FCBAX Sharpe Ratio is 0.86, which is lower than the VICBX Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of FCBAX and VICBX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FCBAXVICBXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.86

1.38

-0.52

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.00

0.25

-0.25

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.42

0.62

-0.20

Sharpe Ratio (All Time)

Calculated using the full available price history

0.63

0.87

-0.24

Correlation

The correlation between FCBAX and VICBX is 0.94, 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

FCBAX vs. VICBX - Dividend Comparison

FCBAX's dividend yield for the trailing twelve months is around 3.55%, less than VICBX's 4.32% yield.


TTM20252024202320222021202020192018201720162015
FCBAX
Fidelity Advisor Corporate Bond Fund Class A
3.55%3.79%3.35%3.13%2.27%2.55%3.09%2.96%3.29%2.83%3.19%2.69%
VICBX
Vanguard Intermediate-Term Corporate Bond Index Fund Institutional Shares
4.32%4.61%4.79%3.72%3.02%2.82%2.79%5.01%3.64%3.23%3.32%3.39%

Drawdowns

FCBAX vs. VICBX - Drawdown Comparison

The maximum FCBAX drawdown since its inception was -23.56%, which is greater than VICBX's maximum drawdown of -20.55%. Use the drawdown chart below to compare losses from any high point for FCBAX and VICBX.


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Drawdown Indicators


FCBAXVICBXDifference

Max Drawdown

Largest peak-to-trough decline

-23.56%

-20.55%

-3.01%

Max Drawdown (1Y)

Largest decline over 1 year

-3.31%

-3.07%

-0.24%

Max Drawdown (5Y)

Largest decline over 5 years

-23.44%

-20.55%

-2.89%

Max Drawdown (10Y)

Largest decline over 10 years

-23.56%

-20.55%

-3.01%

Current Drawdown

Current decline from peak

-4.54%

-2.02%

-2.52%

Average Drawdown

Average peak-to-trough decline

-4.34%

-3.16%

-1.18%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.05%

0.84%

+0.21%

Volatility

FCBAX vs. VICBX - Volatility Comparison

Fidelity Advisor Corporate Bond Fund Class A (FCBAX) and Vanguard Intermediate-Term Corporate Bond Index Fund Institutional Shares (VICBX) have volatilities of 1.84% and 1.82%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FCBAXVICBXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.84%

1.82%

+0.02%

Volatility (6M)

Calculated over the trailing 6-month period

2.86%

2.66%

+0.20%

Volatility (1Y)

Calculated over the trailing 1-year period

4.78%

4.39%

+0.39%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.68%

6.14%

+0.54%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.93%

5.33%

+0.60%