FFRIX vs. DLHIX
Compare and contrast key facts about Fidelity Advisor Floating Rate High Income Fund Class I (FFRIX) and Delaware Healthcare Fund (DLHIX).
FFRIX is managed by Fidelity. It was launched on Aug 16, 2000. DLHIX is managed by Delaware Funds by Macquarie. It was launched on Sep 27, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FFRIX or DLHIX.
Key characteristics
| FFRIX | DLHIX | |
|---|---|---|
| YTD Return | 7.95% | 15.30% |
| 1Y Return | 9.94% | 21.40% |
| 3Y Return (Ann) | 6.32% | 0.05% |
| 5Y Return (Ann) | 5.60% | 2.69% |
| 10Y Return (Ann) | 4.53% | 3.92% |
| Sharpe Ratio | 3.82 | 1.60 |
| Sortino Ratio | 11.32 | 2.14 |
| Omega Ratio | 3.64 | 1.29 |
| Calmar Ratio | 11.37 | 1.04 |
| Martin Ratio | 59.04 | 7.98 |
| Ulcer Index | 0.17% | 2.76% |
| Daily Std Dev | 2.56% | 13.72% |
| Max Drawdown | -22.13% | -37.64% |
| Current Drawdown | 0.00% | -6.08% |
Correlation
The correlation between FFRIX and DLHIX is 0.22, 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.
Performance
FFRIX vs. DLHIX - Performance Comparison
In the year-to-date period, FFRIX achieves a 7.95% return, which is significantly lower than DLHIX's 15.30% return. Over the past 10 years, FFRIX has outperformed DLHIX with an annualized return of 4.53%, while DLHIX has yielded a comparatively lower 3.92% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FFRIX vs. DLHIX - Expense Ratio Comparison
FFRIX has a 0.72% expense ratio, which is lower than DLHIX's 0.98% expense ratio.
Risk-Adjusted Performance
FFRIX vs. DLHIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Floating Rate High Income Fund Class I (FFRIX) and Delaware Healthcare Fund (DLHIX). 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
FFRIX vs. DLHIX - Dividend Comparison
FFRIX's dividend yield for the trailing twelve months is around 8.35%, more than DLHIX's 0.76% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFRIX Fidelity Advisor Floating Rate High Income Fund Class I | 8.35% | 8.21% | 5.00% | 3.20% | 3.79% | 5.11% | 4.66% | 3.95% | 3.86% | 4.21% | 3.94% | 3.40% |
DLHIX Delaware Healthcare Fund | 0.76% | 0.87% | 0.25% | 0.16% | 0.44% | 0.10% | 0.91% | 3.23% | 1.27% | 1.12% | 0.32% | 0.00% |
Drawdowns
FFRIX vs. DLHIX - Drawdown Comparison
The maximum FFRIX drawdown since its inception was -22.13%, smaller than the maximum DLHIX drawdown of -37.64%. Use the drawdown chart below to compare losses from any high point for FFRIX and DLHIX. For additional features, visit the drawdowns tool.
Volatility
FFRIX vs. DLHIX - Volatility Comparison
The current volatility for Fidelity Advisor Floating Rate High Income Fund Class I (FFRIX) is 0.62%, while Delaware Healthcare Fund (DLHIX) has a volatility of 3.58%. This indicates that FFRIX experiences smaller price fluctuations and is considered to be less risky than DLHIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.