FEYCX vs. WFSPX
FEYCX (Fidelity Advisor Asset Manager 85% Fund Class C) and WFSPX (iShares S&P 500 Index Fund Class K) are both mutual funds - FEYCX is a Diversified Portfolio fund managed by BlackRock, while WFSPX is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, FEYCX returned 10.31%/yr vs 14.88%/yr for WFSPX. Their 0.95 correlation means they have historically moved very closely together. FEYCX charges 1.76%/yr vs 0.03%/yr for WFSPX.
Performance
FEYCX vs. WFSPX - Performance Comparison
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Returns By Period
In the year-to-date period, FEYCX achieves a 11.57% return, which is significantly higher than WFSPX's 9.34% return. Over the past 10 years, FEYCX has underperformed WFSPX with an annualized return of 10.31%, while WFSPX has yielded a comparatively higher 14.88% annualized return.
FEYCX
- 1D
- 2.06%
- 1M
- -0.82%
- 6M
- 7.82%
- YTD
- 11.57%
- 1Y
- 23.06%
- 3Y*
- 15.21%
- 5Y*
- 7.87%
- 10Y*
- 10.31%
- ALL TIME*
- 7.54%
WFSPX
- 1D
- 1.66%
- 1M
- -0.56%
- 6M
- 7.78%
- YTD
- 9.34%
- 1Y
- 20.57%
- 3Y*
- 18.99%
- 5Y*
- 12.65%
- 10Y*
- 14.88%
- ALL TIME*
- 16.25%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FEYCX vs. WFSPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FEYCX Fidelity Advisor Asset Manager 85% Fund Class C | 11.57% | 19.59% | 11.42% | 17.77% | -19.43% | 15.90% | 18.08% | 24.93% | -10.15% | 20.93% |
WFSPX iShares S&P 500 Index Fund Class K | 9.34% | 17.83% | 24.94% | 26.25% | -18.14% | 28.63% | 18.43% | 31.45% | -4.83% | 21.27% |
Correlation
The correlation between FEYCX and WFSPX is 0.95, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.95 |
Correlation (3Y) Balances recent behavior with more history. | 0.93 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.94 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.94 |
Correlation (All Time) Calculated using the full available price history since Sep 1, 2005 | 0.95 |
The correlation between FEYCX and WFSPX has been stable across timeframes, ranging from 0.93 to 0.95 - a consistent structural relationship.
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Return for Risk
FEYCX vs. WFSPX — Risk / Return Rank
FEYCX
WFSPX
FEYCX vs. WFSPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Asset Manager 85% Fund Class C (FEYCX) and iShares S&P 500 Index Fund Class K (WFSPX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FEYCX | WFSPX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.26 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.25 | 2.06 | +0.20 |
| Martin ratioReturn relative to average drawdown | 9.47 | 8.83 | +0.64 |
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Drawdowns
FEYCX vs. WFSPX - Drawdown Comparison
The maximum FEYCX drawdown since its inception was -53.39%, smaller than the maximum WFSPX drawdown of -58.21%. Use the drawdown chart below to compare losses from any high point for FEYCX and WFSPX.
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Drawdown Indicators
| FEYCX | WFSPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.39% | -58.21% | +4.82% |
Max Drawdown (1Y)Largest decline over 1 year | -9.43% | -8.90% | -0.53% |
Max Drawdown (3Y)Largest decline over 3 years | -15.50% | -18.74% | +3.24% |
Max Drawdown (5Y)Largest decline over 5 years | -26.73% | -24.51% | -2.22% |
Max Drawdown (10Y)Largest decline over 10 years | -31.02% | -33.74% | +2.72% |
Current DrawdownCurrent decline from peak | -1.89% | -2.10% | +0.21% |
Average DrawdownAverage peak-to-trough decline | -7.79% | -12.72% | +4.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.24% | 2.07% | +0.17% |
Volatility
FEYCX vs. WFSPX - Volatility Comparison
Fidelity Advisor Asset Manager 85% Fund Class C (FEYCX) has a higher volatility of 3.97% compared to iShares S&P 500 Index Fund Class K (WFSPX) at 3.44%. This indicates that FEYCX's price experiences larger fluctuations and is considered to be riskier than WFSPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FEYCX | WFSPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.97% | 3.44% | +0.53% |
Volatility (6M)Calculated over the trailing 6-month period | 11.59% | 10.09% | +1.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.70% | 12.85% | +0.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.88% | 16.99% | -2.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.29% | 18.03% | -2.74% |
FEYCX vs. WFSPX - Expense Ratio Comparison
FEYCX has a 1.76% expense ratio, which is higher than WFSPX's 0.03% expense ratio.
Dividends
FEYCX vs. WFSPX - Dividend Comparison
FEYCX's dividend yield for the trailing twelve months is around 4.23%, more than WFSPX's 1.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEYCX Fidelity Advisor Asset Manager 85% Fund Class C | 4.23% | 4.72% | 2.46% | 0.39% | 4.05% | 2.20% | 1.11% | 4.55% | 4.49% | 2.36% | 0.29% | 3.88% |
WFSPX iShares S&P 500 Index Fund Class K | 1.67% | 1.72% | 1.41% | 1.50% | 2.02% | 1.82% | 1.66% | 1.99% | 2.00% | 1.62% | 2.37% | 2.49% |
Frequently Asked Questions
With a correlation of 0.95, FEYCX and WFSPX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FEYCX has higher volatility (3.97%) compared to WFSPX (3.44%). In terms of maximum drawdown, FEYCX dropped -53.39% vs WFSPX's -58.21%.
FEYCX currently has the higher Sharpe Ratio (1.55 vs 1.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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