FFRIX vs. PDI
Compare and contrast key facts about Fidelity Advisor Floating Rate High Income Fund Class I (FFRIX) and PIMCO Dynamic Income Fund (PDI).
FFRIX is managed by Fidelity. It was launched on Aug 16, 2000.
Performance
FFRIX vs. PDI - Performance Comparison
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FFRIX vs. PDI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FFRIX Fidelity Advisor Floating Rate High Income Fund Class I | -0.73% | 5.54% | 7.07% | 11.63% | -1.58% | 5.06% | 1.64% | 8.47% | 0.13% | 3.86% |
PDI PIMCO Dynamic Income Fund | 0.17% | 11.03% | 17.18% | 11.99% | -16.99% | 7.81% | -9.96% | 22.23% | 7.35% | 18.59% |
Returns By Period
In the year-to-date period, FFRIX achieves a -0.73% return, which is significantly lower than PDI's 0.17% return. Over the past 10 years, FFRIX has underperformed PDI with an annualized return of 4.85%, while PDI has yielded a comparatively higher 8.14% annualized return.
FFRIX
- 1D
- -0.11%
- 1M
- 0.00%
- YTD
- -0.73%
- 6M
- 0.64%
- 1Y
- 4.50%
- 3Y*
- 6.70%
- 5Y*
- 4.98%
- 10Y*
- 4.85%
PDI
- 1D
- 3.13%
- 1M
- -3.71%
- YTD
- 0.17%
- 6M
- -7.15%
- 1Y
- -0.44%
- 3Y*
- 13.14%
- 5Y*
- 3.57%
- 10Y*
- 8.14%
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Return for Risk
FFRIX vs. PDI — Risk / Return Rank
FFRIX
PDI
FFRIX vs. PDI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Floating Rate High Income Fund Class I (FFRIX) and PIMCO Dynamic Income Fund (PDI). 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.
| FFRIX | PDI | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.47 | -0.02 | +1.49 |
Sortino ratioReturn per unit of downside risk | 2.07 | 0.09 | +1.98 |
Omega ratioGain probability vs. loss probability | 1.49 | 1.02 | +0.47 |
Calmar ratioReturn relative to maximum drawdown | 1.69 | -0.01 | +1.70 |
Martin ratioReturn relative to average drawdown | 8.29 | -0.03 | +8.32 |
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
| FFRIX | PDI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.47 | -0.02 | +1.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.74 | 0.23 | +1.51 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.18 | 0.43 | +0.75 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.20 | 0.59 | +0.61 |
Correlation
The correlation between FFRIX and PDI is 0.23, 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
FFRIX vs. PDI - Dividend Comparison
FFRIX's dividend yield for the trailing twelve months is around 6.72%, less than PDI's 15.46% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FFRIX Fidelity Advisor Floating Rate High Income Fund Class I | 6.72% | 7.37% | 6.92% | 7.47% | 3.78% | 2.69% | 3.80% | 5.12% | 4.65% | 4.00% | 4.38% | 3.32% |
PDI PIMCO Dynamic Income Fund | 15.46% | 14.94% | 14.43% | 14.74% | 17.84% | 10.21% | 10.01% | 9.45% | 10.78% | 8.81% | 14.79% | 18.70% |
Drawdowns
FFRIX vs. PDI - Drawdown Comparison
The maximum FFRIX drawdown since its inception was -22.12%, smaller than the maximum PDI drawdown of -46.47%. Use the drawdown chart below to compare losses from any high point for FFRIX and PDI.
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Drawdown Indicators
| FFRIX | PDI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.12% | -46.47% | +24.35% |
Max Drawdown (1Y)Largest decline over 1 year | -2.74% | -14.34% | +11.60% |
Max Drawdown (5Y)Largest decline over 5 years | -5.92% | -27.23% | +21.31% |
Max Drawdown (10Y)Largest decline over 10 years | -22.12% | -46.47% | +24.35% |
Current DrawdownCurrent decline from peak | -0.86% | -7.66% | +6.80% |
Average DrawdownAverage peak-to-trough decline | -1.01% | -6.22% | +5.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.58% | 5.03% | -4.45% |
Volatility
FFRIX vs. PDI - Volatility Comparison
The current volatility for Fidelity Advisor Floating Rate High Income Fund Class I (FFRIX) is 0.71%, while PIMCO Dynamic Income Fund (PDI) has a volatility of 5.71%. This indicates that FFRIX experiences smaller price fluctuations and is considered to be less risky than PDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FFRIX | PDI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.71% | 5.71% | -5.00% |
Volatility (6M)Calculated over the trailing 6-month period | 1.74% | 9.96% | -8.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.38% | 18.36% | -14.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.88% | 15.66% | -12.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.14% | 19.06% | -14.92% |