FFNAX vs. AMRMX
Compare and contrast key facts about Fidelity Advisor Asset Manager 40% Fund Class A (FFNAX) and American Funds American Mutual Fund Class A (AMRMX).
FFNAX is managed by Blackrock. It was launched on Oct 9, 2007. AMRMX is managed by American Funds. It was launched on Feb 21, 1950.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFNAX or AMRMX.
Performance
FFNAX vs. AMRMX - Performance Comparison
Returns By Period
In the year-to-date period, FFNAX achieves a 8.33% return, which is significantly lower than AMRMX's 18.99% return. Over the past 10 years, FFNAX has underperformed AMRMX with an annualized return of 4.86%, while AMRMX has yielded a comparatively higher 9.71% annualized return.
FFNAX
8.33%
0.68%
4.88%
13.45%
5.19%
4.86%
AMRMX
18.99%
0.76%
11.47%
25.02%
10.89%
9.71%
Key characteristics
| FFNAX | AMRMX | |
|---|---|---|
| Sharpe Ratio | 2.21 | 2.78 |
| Sortino Ratio | 3.23 | 3.88 |
| Omega Ratio | 1.41 | 1.51 |
| Calmar Ratio | 1.46 | 5.58 |
| Martin Ratio | 13.32 | 19.17 |
| Ulcer Index | 1.01% | 1.30% |
| Daily Std Dev | 6.10% | 9.01% |
| Max Drawdown | -31.87% | -47.60% |
| Current Drawdown | -0.85% | -0.53% |
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FFNAX vs. AMRMX - Expense Ratio Comparison
FFNAX has a 0.83% expense ratio, which is higher than AMRMX's 0.58% expense ratio.
Correlation
The correlation between FFNAX and AMRMX is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
FFNAX vs. AMRMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Asset Manager 40% Fund Class A (FFNAX) and American Funds American Mutual Fund Class A (AMRMX). 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.
Dividends
FFNAX vs. AMRMX - Dividend Comparison
FFNAX's dividend yield for the trailing twelve months is around 2.29%, more than AMRMX's 1.83% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFNAX Fidelity Advisor Asset Manager 40% Fund Class A | 2.29% | 2.20% | 2.14% | 1.26% | 1.07% | 1.65% | 1.73% | 1.17% | 1.36% | 1.63% | 4.51% | 3.99% |
AMRMX American Funds American Mutual Fund Class A | 1.83% | 2.12% | 2.00% | 1.64% | 1.92% | 2.02% | 2.25% | 2.00% | 2.09% | 2.24% | 2.00% | 4.49% |
Drawdowns
FFNAX vs. AMRMX - Drawdown Comparison
The maximum FFNAX drawdown since its inception was -31.87%, smaller than the maximum AMRMX drawdown of -47.60%. Use the drawdown chart below to compare losses from any high point for FFNAX and AMRMX. For additional features, visit the drawdowns tool.
Volatility
FFNAX vs. AMRMX - Volatility Comparison
The current volatility for Fidelity Advisor Asset Manager 40% Fund Class A (FFNAX) is 1.58%, while American Funds American Mutual Fund Class A (AMRMX) has a volatility of 3.01%. This indicates that FFNAX experiences smaller price fluctuations and is considered to be less risky than AMRMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.