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FCCVX vs. DPIIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FCCVX vs. DPIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Convertible Securities Fund Class C (FCCVX) and Destra Flaherty & Crumrine Preferred and Income Fund (DPIIX). The values are adjusted to include any dividend payments, if applicable.

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FCCVX vs. DPIIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FCCVX
Fidelity Advisor Convertible Securities Fund Class C
1.14%17.04%7.28%10.24%-16.22%8.77%41.00%27.26%-2.32%8.22%
DPIIX
Destra Flaherty & Crumrine Preferred and Income Fund
-1.05%7.85%11.39%5.94%-13.68%4.89%5.82%18.60%-5.62%11.88%

Returns By Period

In the year-to-date period, FCCVX achieves a 1.14% return, which is significantly higher than DPIIX's -1.05% return. Over the past 10 years, FCCVX has outperformed DPIIX with an annualized return of 10.03%, while DPIIX has yielded a comparatively lower 4.71% annualized return.


FCCVX

1D
-1.68%
1M
-5.66%
YTD
1.14%
6M
2.02%
1Y
23.28%
3Y*
10.49%
5Y*
4.24%
10Y*
10.03%

DPIIX

1D
0.02%
1M
-1.90%
YTD
-1.05%
6M
0.23%
1Y
6.00%
3Y*
8.75%
5Y*
2.54%
10Y*
4.71%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FCCVX vs. DPIIX - Expense Ratio Comparison

FCCVX has a 1.74% expense ratio, which is higher than DPIIX's 1.20% expense ratio.


Return for Risk

FCCVX vs. DPIIX — Risk / Return Rank

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

FCCVX
FCCVX Risk / Return Rank: 8383
Overall Rank
FCCVX Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
FCCVX Sortino Ratio Rank: 8080
Sortino Ratio Rank
FCCVX Omega Ratio Rank: 7373
Omega Ratio Rank
FCCVX Calmar Ratio Rank: 9292
Calmar Ratio Rank
FCCVX Martin Ratio Rank: 9090
Martin Ratio Rank

DPIIX
DPIIX Risk / Return Rank: 8787
Overall Rank
DPIIX Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
DPIIX Sortino Ratio Rank: 9191
Sortino Ratio Rank
DPIIX Omega Ratio Rank: 9494
Omega Ratio Rank
DPIIX Calmar Ratio Rank: 7777
Calmar Ratio Rank
DPIIX Martin Ratio Rank: 7979
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.

FCCVX vs. DPIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Convertible Securities Fund Class C (FCCVX) and Destra Flaherty & Crumrine Preferred and Income Fund (DPIIX). 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.


FCCVXDPIIXDifference

Sharpe ratio

Return per unit of total volatility

1.47

2.07

-0.60

Sortino ratio

Return per unit of downside risk

2.02

2.63

-0.61

Omega ratio

Gain probability vs. loss probability

1.27

1.48

-0.21

Calmar ratio

Return relative to maximum drawdown

2.71

1.82

+0.89

Martin ratio

Return relative to average drawdown

10.09

7.73

+2.36

FCCVX vs. DPIIX - Sharpe Ratio Comparison

The current FCCVX Sharpe Ratio is 1.47, which is comparable to the DPIIX Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of FCCVX and DPIIX, 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


FCCVXDPIIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.47

2.07

-0.60

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.32

0.50

-0.18

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.75

0.61

+0.14

Sharpe Ratio (All Time)

Calculated using the full available price history

0.86

0.76

+0.10

Correlation

The correlation between FCCVX and DPIIX is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

FCCVX vs. DPIIX - Dividend Comparison

FCCVX's dividend yield for the trailing twelve months is around 10.35%, more than DPIIX's 5.55% yield.


TTM20252024202320222021202020192018201720162015
FCCVX
Fidelity Advisor Convertible Securities Fund Class C
10.35%10.47%1.32%1.12%2.62%19.63%9.96%2.31%8.75%3.35%3.85%9.24%
DPIIX
Destra Flaherty & Crumrine Preferred and Income Fund
5.55%5.03%3.98%5.17%4.89%3.87%4.55%4.81%6.27%4.92%4.68%4.52%

Drawdowns

FCCVX vs. DPIIX - Drawdown Comparison

The maximum FCCVX drawdown since its inception was -25.13%, smaller than the maximum DPIIX drawdown of -29.92%. Use the drawdown chart below to compare losses from any high point for FCCVX and DPIIX.


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Drawdown Indicators


FCCVXDPIIXDifference

Max Drawdown

Largest peak-to-trough decline

-25.13%

-29.92%

+4.79%

Max Drawdown (1Y)

Largest decline over 1 year

-7.75%

-3.05%

-4.70%

Max Drawdown (5Y)

Largest decline over 5 years

-24.66%

-19.76%

-4.90%

Max Drawdown (10Y)

Largest decline over 10 years

-25.13%

-29.92%

+4.79%

Current Drawdown

Current decline from peak

-6.87%

-2.37%

-4.50%

Average Drawdown

Average peak-to-trough decline

-6.24%

-2.78%

-3.46%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.08%

0.73%

+1.35%

Volatility

FCCVX vs. DPIIX - Volatility Comparison

Fidelity Advisor Convertible Securities Fund Class C (FCCVX) has a higher volatility of 6.32% compared to Destra Flaherty & Crumrine Preferred and Income Fund (DPIIX) at 0.94%. This indicates that FCCVX's price experiences larger fluctuations and is considered to be riskier than DPIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FCCVXDPIIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.32%

0.94%

+5.38%

Volatility (6M)

Calculated over the trailing 6-month period

12.07%

1.49%

+10.58%

Volatility (1Y)

Calculated over the trailing 1-year period

15.64%

2.80%

+12.84%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.34%

5.12%

+8.22%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.50%

7.81%

+5.69%