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FDIAX vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

FDIAX vs. SPY

Last updated May 12, 2025

Compare and contrast key facts about Fidelity Advisor Limited Term Bond Fund Class A (FDIAX) and SPDR S&P 500 ETF (SPY).

FDIAX is managed by Fidelity. It was launched on Sep 3, 1996. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDIAX or SPY.

Correlation

The correlation between FDIAX and SPY is -0.17. 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

FDIAX vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Limited Term Bond Fund Class A (FDIAX) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Returns By Period

FDIAX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

SPY

YTD

-3.42%

1M

5.69%

6M

-5.06%

1Y

9.73%

5Y*

16.26%

10Y*

12.24%

*Annualized

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FDIAX vs. SPY - Expense Ratio Comparison

FDIAX has a 0.75% expense ratio, which is higher than SPY's 0.09% expense ratio.

FDIAX
Fidelity Advisor Limited Term Bond Fund Class A
SPY
SPDR S&P 500 ETF

Risk-Adjusted Performance

FDIAX vs. SPY — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FDIAX
The Risk-Adjusted Performance Rank of FDIAX is 9595
Overall Rank
The Sharpe Ratio Rank of FDIAX is 9595
Sharpe Ratio Rank
The Sortino Ratio Rank of FDIAX is 9696
Sortino Ratio Rank
The Omega Ratio Rank of FDIAX is 9494
Omega Ratio Rank
The Calmar Ratio Rank of FDIAX is 9595
Calmar Ratio Rank
The Martin Ratio Rank of FDIAX is 9595
Martin Ratio Rank
SPY
The Risk-Adjusted Performance Rank of SPY is 6363
Overall Rank
The Sharpe Ratio Rank of SPY is 5858
Sharpe Ratio Rank
The Sortino Ratio Rank of SPY is 6161
Sortino Ratio Rank
The Omega Ratio Rank of SPY is 6464
Omega Ratio Rank
The Calmar Ratio Rank of SPY is 6666
Calmar Ratio Rank
The Martin Ratio Rank of SPY is 6565
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FDIAX vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Limited Term Bond Fund Class A (FDIAX) and SPDR S&P 500 ETF (SPY). 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.

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Dividends

FDIAX vs. SPY - Dividend Comparison

FDIAX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 1.27%.

TTM20242023202220212020201920182017201620152014
FDIAX
Fidelity Advisor Limited Term Bond Fund Class A		0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
SPY
SPDR S&P 500 ETF		1.27%1.21%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%

Drawdowns

FDIAX vs. SPY - Drawdown Comparison

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Volatility

FDIAX vs. SPY - Volatility Comparison

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