FFRCX vs. FNILX
Compare and contrast key facts about Fidelity Advisor Floating Rate High Income Fund Class C (FFRCX) and Fidelity ZERO Large Cap Index Fund (FNILX).
FFRCX is managed by Fidelity. It was launched on Aug 16, 2000. FNILX is managed by Fidelity.
Performance
FFRCX vs. FNILX - Performance Comparison
Loading graphics...
FFRCX vs. FNILX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FFRCX Fidelity Advisor Floating Rate High Income Fund Class C | -0.78% | 4.38% | 6.18% | 10.70% | -2.34% | 4.08% | 0.61% | 7.49% | -3.61% |
FNILX Fidelity ZERO Large Cap Index Fund | -7.30% | 17.81% | 25.47% | 27.45% | -19.37% | 26.67% | 21.13% | 31.79% | -13.60% |
Returns By Period
In the year-to-date period, FFRCX achieves a -0.78% return, which is significantly higher than FNILX's -7.30% return.
FFRCX
- 1D
- -0.11%
- 1M
- 0.00%
- YTD
- -0.78%
- 6M
- 0.22%
- 1Y
- 3.55%
- 3Y*
- 5.79%
- 5Y*
- 4.05%
- 10Y*
- 3.88%
FNILX
- 1D
- -0.35%
- 1M
- -7.60%
- YTD
- -7.30%
- 6M
- -5.00%
- 1Y
- 14.41%
- 3Y*
- 17.43%
- 5Y*
- 11.17%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FFRCX vs. FNILX - Expense Ratio Comparison
FFRCX has a 1.73% expense ratio, which is higher than FNILX's 0.00% expense ratio.
Return for Risk
FFRCX vs. FNILX — Risk / Return Rank
FFRCX
FNILX
FFRCX vs. FNILX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Floating Rate High Income Fund Class C (FFRCX) and Fidelity ZERO Large Cap Index Fund (FNILX). 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.
| FFRCX | FNILX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.23 | 0.83 | +0.40 |
Sortino ratioReturn per unit of downside risk | 1.67 | 1.28 | +0.39 |
Omega ratioGain probability vs. loss probability | 1.39 | 1.20 | +0.20 |
Calmar ratioReturn relative to maximum drawdown | 1.33 | 1.04 | +0.29 |
Martin ratioReturn relative to average drawdown | 6.17 | 5.01 | +1.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FFRCX | FNILX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.23 | 0.83 | +0.40 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.52 | 0.65 | +0.87 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.97 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.97 | 0.64 | +0.33 |
Correlation
The correlation between FFRCX and FNILX is 0.34, 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
FFRCX vs. FNILX - Dividend Comparison
FFRCX's dividend yield for the trailing twelve months is around 5.79%, more than FNILX's 1.09% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFRCX Fidelity Advisor Floating Rate High Income Fund Class C | 5.79% | 6.37% | 6.09% | 6.56% | 2.98% | 1.86% | 2.83% | 4.11% | 3.64% | 3.02% | 3.35% | 2.70% |
FNILX Fidelity ZERO Large Cap Index Fund | 1.09% | 1.01% | 1.09% | 1.34% | 1.53% | 0.95% | 1.20% | 1.17% | 0.53% | 0.00% | 0.00% | 0.00% |
Drawdowns
FFRCX vs. FNILX - Drawdown Comparison
The maximum FFRCX drawdown since its inception was -22.31%, smaller than the maximum FNILX drawdown of -33.76%. Use the drawdown chart below to compare losses from any high point for FFRCX and FNILX.
Loading graphics...
Drawdown Indicators
| FFRCX | FNILX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.31% | -33.76% | +11.45% |
Max Drawdown (1Y)Largest decline over 1 year | -2.73% | -12.18% | +9.45% |
Max Drawdown (5Y)Largest decline over 5 years | -6.30% | -25.40% | +19.10% |
Max Drawdown (10Y)Largest decline over 10 years | -22.31% | — | — |
Current DrawdownCurrent decline from peak | -1.00% | -9.01% | +8.01% |
Average DrawdownAverage peak-to-trough decline | -1.13% | -5.47% | +4.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.61% | 2.54% | -1.93% |
Volatility
FFRCX vs. FNILX - Volatility Comparison
The current volatility for Fidelity Advisor Floating Rate High Income Fund Class C (FFRCX) is 0.72%, while Fidelity ZERO Large Cap Index Fund (FNILX) has a volatility of 4.23%. This indicates that FFRCX experiences smaller price fluctuations and is considered to be less risky than FNILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FFRCX | FNILX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.72% | 4.23% | -3.51% |
Volatility (6M)Calculated over the trailing 6-month period | 1.51% | 9.14% | -7.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.18% | 18.26% | -15.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.67% | 17.22% | -14.55% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.01% | 20.17% | -16.16% |