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FFHCX vs. OSTIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FFHCX and OSTIX is 0.44, 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.


-0.50.00.51.00.4

Performance

FFHCX vs. OSTIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Series Floating Rate High Income Fund (FFHCX) and Osterweis Strategic Income Fund (OSTIX). The values are adjusted to include any dividend payments, if applicable.

0.00%1.00%2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
4.16%
3.37%
FFHCX
OSTIX

Key characteristics

Sharpe Ratio

FFHCX:

3.15

OSTIX:

5.15

Sortino Ratio

FFHCX:

8.97

OSTIX:

8.28

Omega Ratio

FFHCX:

2.71

OSTIX:

2.47

Calmar Ratio

FFHCX:

9.72

OSTIX:

12.35

Martin Ratio

FFHCX:

44.84

OSTIX:

52.10

Ulcer Index

FFHCX:

0.19%

OSTIX:

0.15%

Daily Std Dev

FFHCX:

2.73%

OSTIX:

1.52%

Max Drawdown

FFHCX:

-21.45%

OSTIX:

-10.06%

Current Drawdown

FFHCX:

-0.44%

OSTIX:

-0.53%

Returns By Period

In the year-to-date period, FFHCX achieves a 8.66% return, which is significantly higher than OSTIX's 7.04% return. Over the past 10 years, FFHCX has outperformed OSTIX with an annualized return of 5.31%, while OSTIX has yielded a comparatively lower 4.76% annualized return.


FFHCX

YTD

8.66%

1M

-0.11%

6M

4.16%

1Y

8.78%

5Y*

6.06%

10Y*

5.31%

OSTIX

YTD

7.04%

1M

-0.27%

6M

3.37%

1Y

7.71%

5Y*

5.46%

10Y*

4.76%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FFHCX vs. OSTIX - Expense Ratio Comparison

FFHCX has a 0.00% expense ratio, which is lower than OSTIX's 0.84% expense ratio.


OSTIX
Osterweis Strategic Income Fund
Expense ratio chart for OSTIX: current value at 0.84% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.84%
Expense ratio chart for FFHCX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Risk-Adjusted Performance

FFHCX vs. OSTIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Floating Rate High Income Fund (FFHCX) and Osterweis Strategic Income Fund (OSTIX). 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.


Sharpe ratio
The chart of Sharpe ratio for FFHCX, currently valued at 3.15, compared to the broader market-1.000.001.002.003.004.003.154.89
The chart of Sortino ratio for FFHCX, currently valued at 8.97, compared to the broader market-2.000.002.004.006.008.0010.008.977.77
The chart of Omega ratio for FFHCX, currently valued at 2.71, compared to the broader market0.501.001.502.002.503.003.502.712.38
The chart of Calmar ratio for FFHCX, currently valued at 9.72, compared to the broader market0.002.004.006.008.0010.0012.0014.009.7211.57
The chart of Martin ratio for FFHCX, currently valued at 44.84, compared to the broader market0.0020.0040.0060.0044.8448.81
FFHCX
OSTIX

The current FFHCX Sharpe Ratio is 3.15, which is lower than the OSTIX Sharpe Ratio of 5.15. The chart below compares the historical Sharpe Ratios of FFHCX and OSTIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio3.004.005.006.007.00JulyAugustSeptemberOctoberNovemberDecember
3.15
4.89
FFHCX
OSTIX

Dividends

FFHCX vs. OSTIX - Dividend Comparison

FFHCX's dividend yield for the trailing twelve months is around 8.49%, more than OSTIX's 4.68% yield.


TTM20232022202120202019201820172016201520142013
FFHCX
Fidelity Series Floating Rate High Income Fund
8.49%9.47%5.91%4.31%4.61%5.94%6.69%4.79%4.42%5.15%8.23%4.40%
OSTIX
Osterweis Strategic Income Fund
4.68%5.71%4.71%4.03%3.85%4.74%4.66%4.58%5.24%5.98%5.15%4.70%

Drawdowns

FFHCX vs. OSTIX - Drawdown Comparison

The maximum FFHCX drawdown since its inception was -21.45%, which is greater than OSTIX's maximum drawdown of -10.06%. Use the drawdown chart below to compare losses from any high point for FFHCX and OSTIX. For additional features, visit the drawdowns tool.


-0.80%-0.60%-0.40%-0.20%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.44%
-0.53%
FFHCX
OSTIX

Volatility

FFHCX vs. OSTIX - Volatility Comparison

The current volatility for Fidelity Series Floating Rate High Income Fund (FFHCX) is 0.38%, while Osterweis Strategic Income Fund (OSTIX) has a volatility of 0.58%. This indicates that FFHCX experiences smaller price fluctuations and is considered to be less risky than OSTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.20%0.40%0.60%0.80%1.00%JulyAugustSeptemberOctoberNovemberDecember
0.38%
0.58%
FFHCX
OSTIX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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