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FEYTX vs. ASFYX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FEYTX vs. ASFYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Asset Manager 85% Fund Class M (FEYTX) and AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX). The values are adjusted to include any dividend payments, if applicable.

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FEYTX vs. ASFYX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FEYTX
Fidelity Advisor Asset Manager 85% Fund Class M
-1.08%20.17%12.02%18.34%-19.01%16.50%18.66%25.61%-9.76%20.96%
ASFYX
AlphaSimplex Managed Futures Strategy Fund Class Y
6.72%-9.67%-3.22%-10.33%35.67%3.52%13.59%8.99%-12.59%6.78%

Returns By Period

In the year-to-date period, FEYTX achieves a -1.08% return, which is significantly lower than ASFYX's 6.72% return. Over the past 10 years, FEYTX has outperformed ASFYX with an annualized return of 9.95%, while ASFYX has yielded a comparatively lower 1.88% annualized return.


FEYTX

1D
2.88%
1M
-5.54%
YTD
-1.08%
6M
1.73%
1Y
19.94%
3Y*
13.86%
5Y*
7.17%
10Y*
9.95%

ASFYX

1D
0.12%
1M
-0.84%
YTD
6.72%
6M
10.49%
1Y
3.28%
3Y*
-2.85%
5Y*
2.28%
10Y*
1.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FEYTX vs. ASFYX - Expense Ratio Comparison

FEYTX has a 1.25% expense ratio, which is lower than ASFYX's 1.47% expense ratio.


Return for Risk

FEYTX vs. ASFYX — Risk / Return Rank

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

FEYTX
FEYTX Risk / Return Rank: 6868
Overall Rank
FEYTX Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
FEYTX Sortino Ratio Rank: 6666
Sortino Ratio Rank
FEYTX Omega Ratio Rank: 6666
Omega Ratio Rank
FEYTX Calmar Ratio Rank: 6969
Calmar Ratio Rank
FEYTX Martin Ratio Rank: 7474
Martin Ratio Rank

ASFYX
ASFYX Risk / Return Rank: 99
Overall Rank
ASFYX Sharpe Ratio Rank: 1010
Sharpe Ratio Rank
ASFYX Sortino Ratio Rank: 88
Sortino Ratio Rank
ASFYX Omega Ratio Rank: 99
Omega Ratio Rank
ASFYX Calmar Ratio Rank: 99
Calmar Ratio Rank
ASFYX Martin Ratio Rank: 77
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.

FEYTX vs. ASFYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Asset Manager 85% Fund Class M (FEYTX) and AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX). 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.


FEYTXASFYXDifference

Sharpe ratio

Return per unit of total volatility

1.32

0.27

+1.05

Sortino ratio

Return per unit of downside risk

1.89

0.42

+1.47

Omega ratio

Gain probability vs. loss probability

1.28

1.06

+0.22

Calmar ratio

Return relative to maximum drawdown

1.89

0.18

+1.71

Martin ratio

Return relative to average drawdown

8.32

0.29

+8.03

FEYTX vs. ASFYX - Sharpe Ratio Comparison

The current FEYTX Sharpe Ratio is 1.32, which is higher than the ASFYX Sharpe Ratio of 0.27. The chart below compares the historical Sharpe Ratios of FEYTX and ASFYX, 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


FEYTXASFYXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.32

0.27

+1.05

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.49

0.17

+0.33

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.66

0.15

+0.51

Sharpe Ratio (All Time)

Calculated using the full available price history

0.45

0.31

+0.14

Correlation

The correlation between FEYTX and ASFYX is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

FEYTX vs. ASFYX - Dividend Comparison

FEYTX's dividend yield for the trailing twelve months is around 5.21%, more than ASFYX's 1.42% yield.


TTM20252024202320222021202020192018201720162015
FEYTX
Fidelity Advisor Asset Manager 85% Fund Class M
5.21%5.16%2.94%0.86%4.56%2.73%1.56%5.12%5.08%2.34%0.29%4.29%
ASFYX
AlphaSimplex Managed Futures Strategy Fund Class Y
1.42%1.52%1.46%0.99%32.48%6.07%3.40%5.51%1.30%0.07%0.01%5.06%

Drawdowns

FEYTX vs. ASFYX - Drawdown Comparison

The maximum FEYTX drawdown since its inception was -53.05%, which is greater than ASFYX's maximum drawdown of -36.43%. Use the drawdown chart below to compare losses from any high point for FEYTX and ASFYX.


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Drawdown Indicators


FEYTXASFYXDifference

Max Drawdown

Largest peak-to-trough decline

-53.05%

-36.43%

-16.62%

Max Drawdown (1Y)

Largest decline over 1 year

-10.76%

-13.51%

+2.75%

Max Drawdown (5Y)

Largest decline over 5 years

-26.35%

-36.43%

+10.08%

Max Drawdown (10Y)

Largest decline over 10 years

-31.01%

-36.43%

+5.42%

Current Drawdown

Current decline from peak

-6.77%

-24.28%

+17.51%

Average Drawdown

Average peak-to-trough decline

-7.48%

-13.10%

+5.62%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.45%

8.26%

-5.81%

Volatility

FEYTX vs. ASFYX - Volatility Comparison

Fidelity Advisor Asset Manager 85% Fund Class M (FEYTX) has a higher volatility of 6.30% compared to AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX) at 3.82%. This indicates that FEYTX's price experiences larger fluctuations and is considered to be riskier than ASFYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FEYTXASFYXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.30%

3.82%

+2.48%

Volatility (6M)

Calculated over the trailing 6-month period

9.68%

10.00%

-0.32%

Volatility (1Y)

Calculated over the trailing 1-year period

15.64%

13.00%

+2.64%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

14.57%

13.67%

+0.90%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

15.20%

12.68%

+2.52%