FFANX vs. ASFYX
Compare and contrast key facts about Fidelity Asset Manager 40% Fund (FFANX) and AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX).
FFANX is managed by BlackRock. It was launched on Oct 9, 2007. ASFYX is managed by BlackRock. It was launched on Jul 30, 2010.
Performance
FFANX vs. ASFYX - Performance Comparison
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FFANX vs. ASFYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FFANX Fidelity Asset Manager 40% Fund | -0.14% | 13.16% | 7.40% | 11.52% | -13.62% | 8.03% | 13.10% | 15.81% | -4.06% | 11.25% |
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, FFANX achieves a -0.14% return, which is significantly lower than ASFYX's 6.72% return. Over the past 10 years, FFANX has outperformed ASFYX with an annualized return of 6.28%, while ASFYX has yielded a comparatively lower 1.88% annualized return.
FFANX
- 1D
- 1.44%
- 1M
- -3.24%
- YTD
- -0.14%
- 6M
- 1.77%
- 1Y
- 12.13%
- 3Y*
- 9.01%
- 5Y*
- 4.47%
- 10Y*
- 6.28%
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%
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FFANX vs. ASFYX - Expense Ratio Comparison
FFANX has a 0.52% expense ratio, which is lower than ASFYX's 1.47% expense ratio.
Return for Risk
FFANX vs. ASFYX — Risk / Return Rank
FFANX
ASFYX
FFANX vs. ASFYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Asset Manager 40% Fund (FFANX) 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.
| FFANX | ASFYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.59 | 0.27 | +1.32 |
Sortino ratioReturn per unit of downside risk | 2.26 | 0.42 | +1.84 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.06 | +0.27 |
Calmar ratioReturn relative to maximum drawdown | 2.22 | 0.18 | +2.04 |
Martin ratioReturn relative to average drawdown | 9.23 | 0.29 | +8.94 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FFANX | ASFYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.59 | 0.27 | +1.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.58 | 0.17 | +0.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.82 | 0.15 | +0.68 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.31 | +0.32 |
Correlation
The correlation between FFANX and ASFYX is 0.22, 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
FFANX vs. ASFYX - Dividend Comparison
FFANX's dividend yield for the trailing twelve months is around 3.97%, more than ASFYX's 1.42% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFANX Fidelity Asset Manager 40% Fund | 3.97% | 3.97% | 2.81% | 2.49% | 5.75% | 2.35% | 2.36% | 3.67% | 4.56% | 2.56% | 1.43% | 3.18% |
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
FFANX vs. ASFYX - Drawdown Comparison
The maximum FFANX drawdown since its inception was -31.69%, smaller than the maximum ASFYX drawdown of -36.43%. Use the drawdown chart below to compare losses from any high point for FFANX and ASFYX.
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Drawdown Indicators
| FFANX | ASFYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.69% | -36.43% | +4.74% |
Max Drawdown (1Y)Largest decline over 1 year | -5.67% | -13.51% | +7.84% |
Max Drawdown (5Y)Largest decline over 5 years | -18.52% | -36.43% | +17.91% |
Max Drawdown (10Y)Largest decline over 10 years | -18.52% | -36.43% | +17.91% |
Current DrawdownCurrent decline from peak | -3.83% | -24.28% | +20.45% |
Average DrawdownAverage peak-to-trough decline | -3.83% | -13.10% | +9.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.36% | 8.26% | -6.90% |
Volatility
FFANX vs. ASFYX - Volatility Comparison
The current volatility for Fidelity Asset Manager 40% Fund (FFANX) is 3.47%, while AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX) has a volatility of 3.82%. This indicates that FFANX experiences smaller price fluctuations and is considered to be less risky 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
| FFANX | ASFYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.47% | 3.82% | -0.35% |
Volatility (6M)Calculated over the trailing 6-month period | 5.08% | 10.00% | -4.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.91% | 13.00% | -5.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.80% | 13.67% | -5.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.64% | 12.68% | -5.04% |