FFRCX vs. FXAIX
Compare and contrast key facts about Fidelity Advisor Floating Rate High Income Fund Class C (FFRCX) and Fidelity 500 Index Fund (FXAIX).
FFRCX is managed by Fidelity. It was launched on Aug 16, 2000. FXAIX is a passively managed fund by Fidelity that tracks the performance of the S&P 500 Index. It was launched on Feb 17, 1988.
Performance
FFRCX vs. FXAIX - Performance Comparison
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FFRCX vs. FXAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% | -0.95% | 2.85% |
FXAIX Fidelity 500 Index Fund | -7.05% | 17.84% | 25.01% | 26.29% | -18.14% | 28.71% | 18.42% | 31.48% | -4.43% | 21.82% |
Returns By Period
In the year-to-date period, FFRCX achieves a -0.78% return, which is significantly higher than FXAIX's -7.05% return. Over the past 10 years, FFRCX has underperformed FXAIX with an annualized return of 3.88%, while FXAIX has yielded a comparatively higher 13.75% annualized 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%
FXAIX
- 1D
- -0.39%
- 1M
- -7.68%
- YTD
- -7.05%
- 6M
- -4.59%
- 1Y
- 14.42%
- 3Y*
- 17.17%
- 5Y*
- 11.40%
- 10Y*
- 13.75%
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FFRCX vs. FXAIX - Expense Ratio Comparison
FFRCX has a 1.73% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Return for Risk
FFRCX vs. FXAIX — Risk / Return Rank
FFRCX
FXAIX
FFRCX vs. FXAIX - 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 500 Index Fund (FXAIX). 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 | FXAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.23 | 0.84 | +0.39 |
Sortino ratioReturn per unit of downside risk | 1.67 | 1.30 | +0.38 |
Omega ratioGain probability vs. loss probability | 1.39 | 1.20 | +0.19 |
Calmar ratioReturn relative to maximum drawdown | 1.33 | 1.05 | +0.27 |
Martin ratioReturn relative to average drawdown | 6.17 | 5.13 | +1.04 |
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
| FFRCX | FXAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.23 | 0.84 | +0.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.52 | 0.68 | +0.85 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.97 | 0.77 | +0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.97 | 0.75 | +0.22 |
Correlation
The correlation between FFRCX and FXAIX is 0.29, 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. FXAIX - Dividend Comparison
FFRCX's dividend yield for the trailing twelve months is around 5.79%, more than FXAIX's 1.20% 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% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
Drawdowns
FFRCX vs. FXAIX - Drawdown Comparison
The maximum FFRCX drawdown since its inception was -22.31%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FFRCX and FXAIX.
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Drawdown Indicators
| FFRCX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.31% | -33.79% | +11.48% |
Max Drawdown (1Y)Largest decline over 1 year | -2.73% | -12.13% | +9.40% |
Max Drawdown (5Y)Largest decline over 5 years | -6.30% | -24.50% | +18.20% |
Max Drawdown (10Y)Largest decline over 10 years | -22.31% | -33.79% | +11.48% |
Current DrawdownCurrent decline from peak | -1.00% | -8.89% | +7.89% |
Average DrawdownAverage peak-to-trough decline | -1.13% | -3.83% | +2.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.61% | 2.50% | -1.89% |
Volatility
FFRCX vs. FXAIX - Volatility Comparison
The current volatility for Fidelity Advisor Floating Rate High Income Fund Class C (FFRCX) is 0.72%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.24%. This indicates that FFRCX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FFRCX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.72% | 4.24% | -3.52% |
Volatility (6M)Calculated over the trailing 6-month period | 1.51% | 9.08% | -7.57% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.18% | 18.13% | -14.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.67% | 16.88% | -14.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.01% | 18.03% | -14.02% |