FFNAX vs. WFSPX
Compare and contrast key facts about Fidelity Advisor Asset Manager 40% Fund Class A (FFNAX) and iShares S&P 500 Index Fund (WFSPX).
FFNAX is managed by BlackRock. It was launched on Oct 9, 2007. WFSPX is a passively managed fund by BlackRock that tracks the performance of the S&P 500 Index. It was launched on Jul 30, 1993.
Performance
FFNAX vs. WFSPX - Performance Comparison
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FFNAX vs. WFSPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FFNAX Fidelity Advisor Asset Manager 40% Fund Class A | -0.14% | 12.83% | 7.02% | 11.27% | -13.89% | 7.72% | 12.74% | 15.56% | -4.46% | 10.98% |
WFSPX iShares S&P 500 Index Fund | -4.63% | 17.83% | 24.94% | 26.25% | -18.14% | 28.63% | 18.43% | 31.45% | -4.83% | 21.27% |
Returns By Period
In the year-to-date period, FFNAX achieves a -0.14% return, which is significantly higher than WFSPX's -4.63% return. Over the past 10 years, FFNAX has underperformed WFSPX with an annualized return of 5.99%, while WFSPX has yielded a comparatively higher 13.92% annualized return.
FFNAX
- 1D
- 1.44%
- 1M
- -3.23%
- YTD
- -0.14%
- 6M
- 1.69%
- 1Y
- 11.89%
- 3Y*
- 8.73%
- 5Y*
- 4.16%
- 10Y*
- 5.99%
WFSPX
- 1D
- 2.62%
- 1M
- -5.31%
- YTD
- -4.63%
- 6M
- -2.47%
- 1Y
- 16.96%
- 3Y*
- 18.15%
- 5Y*
- 11.69%
- 10Y*
- 13.92%
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FFNAX vs. WFSPX - Expense Ratio Comparison
FFNAX has a 0.83% expense ratio, which is higher than WFSPX's 0.03% expense ratio.
Return for Risk
FFNAX vs. WFSPX — Risk / Return Rank
FFNAX
WFSPX
FFNAX vs. WFSPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Asset Manager 40% Fund Class A (FFNAX) and iShares S&P 500 Index Fund (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.
| FFNAX | WFSPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.54 | 0.96 | +0.58 |
Sortino ratioReturn per unit of downside risk | 2.18 | 1.47 | +0.71 |
Omega ratioGain probability vs. loss probability | 1.32 | 1.22 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 2.17 | 1.49 | +0.67 |
Martin ratioReturn relative to average drawdown | 8.95 | 7.15 | +1.80 |
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
| FFNAX | WFSPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.54 | 0.96 | +0.58 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.54 | 0.70 | -0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.79 | 0.78 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.13 | +0.47 |
Correlation
The correlation between FFNAX and WFSPX is 0.89, 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.
Dividends
FFNAX vs. WFSPX - Dividend Comparison
FFNAX's dividend yield for the trailing twelve months is around 3.69%, more than WFSPX's 1.54% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFNAX Fidelity Advisor Asset Manager 40% Fund Class A | 3.69% | 3.69% | 2.54% | 2.20% | 5.40% | 2.06% | 2.08% | 3.37% | 4.21% | 2.32% | 1.21% | 2.88% |
WFSPX iShares S&P 500 Index Fund | 1.54% | 1.72% | 1.41% | 1.50% | 2.02% | 1.82% | 1.66% | 1.99% | 2.00% | 1.62% | 2.37% | 2.49% |
Drawdowns
FFNAX vs. WFSPX - Drawdown Comparison
The maximum FFNAX drawdown since its inception was -31.88%, smaller than the maximum WFSPX drawdown of -58.21%. Use the drawdown chart below to compare losses from any high point for FFNAX and WFSPX.
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Drawdown Indicators
| FFNAX | WFSPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.88% | -58.21% | +26.33% |
Max Drawdown (1Y)Largest decline over 1 year | -5.65% | -12.11% | +6.46% |
Max Drawdown (5Y)Largest decline over 5 years | -18.77% | -24.51% | +5.74% |
Max Drawdown (10Y)Largest decline over 10 years | -18.77% | -33.74% | +14.97% |
Current DrawdownCurrent decline from peak | -3.83% | -6.51% | +2.68% |
Average DrawdownAverage peak-to-trough decline | -3.98% | -12.84% | +8.86% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.37% | 2.53% | -1.16% |
Volatility
FFNAX vs. WFSPX - Volatility Comparison
The current volatility for Fidelity Advisor Asset Manager 40% Fund Class A (FFNAX) is 3.43%, while iShares S&P 500 Index Fund (WFSPX) has a volatility of 5.17%. This indicates that FFNAX experiences smaller price fluctuations and is considered to be less risky 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
| FFNAX | WFSPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.43% | 5.17% | -1.74% |
Volatility (6M)Calculated over the trailing 6-month period | 5.09% | 9.44% | -4.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.96% | 18.21% | -10.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.79% | 16.88% | -9.09% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.63% | 18.00% | -10.37% |