FFRIX vs. VOO
Compare and contrast key facts about Fidelity Advisor Floating Rate High Income Fund Class I (FFRIX) and Vanguard S&P 500 ETF (VOO).
FFRIX is managed by Fidelity. It was launched on Aug 16, 2000. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Performance
FFRIX vs. VOO - Performance Comparison
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FFRIX vs. VOO - 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% |
VOO Vanguard S&P 500 ETF | -4.42% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Returns By Period
In the year-to-date period, FFRIX achieves a -0.73% return, which is significantly higher than VOO's -4.42% return. Over the past 10 years, FFRIX has underperformed VOO with an annualized return of 4.85%, while VOO has yielded a comparatively higher 14.05% 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%
VOO
- 1D
- 2.86%
- 1M
- -5.01%
- YTD
- -4.42%
- 6M
- -1.84%
- 1Y
- 17.67%
- 3Y*
- 18.27%
- 5Y*
- 11.75%
- 10Y*
- 14.05%
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FFRIX vs. VOO - Expense Ratio Comparison
FFRIX has a 0.72% expense ratio, which is higher than VOO's 0.03% expense ratio.
Return for Risk
FFRIX vs. VOO — Risk / Return Rank
FFRIX
VOO
FFRIX vs. VOO - 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 Vanguard S&P 500 ETF (VOO). 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 | VOO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.47 | 0.98 | +0.49 |
Sortino ratioReturn per unit of downside risk | 2.07 | 1.50 | +0.57 |
Omega ratioGain probability vs. loss probability | 1.49 | 1.23 | +0.26 |
Calmar ratioReturn relative to maximum drawdown | 1.69 | 1.53 | +0.16 |
Martin ratioReturn relative to average drawdown | 8.29 | 7.29 | +1.00 |
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 | VOO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.47 | 0.98 | +0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.74 | 0.70 | +1.03 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.18 | 0.78 | +0.39 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.20 | 0.83 | +0.37 |
Correlation
The correlation between FFRIX and VOO is 0.27, 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. VOO - Dividend Comparison
FFRIX's dividend yield for the trailing twelve months is around 6.72%, more than VOO's 1.19% 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% |
VOO Vanguard S&P 500 ETF | 1.19% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Drawdowns
FFRIX vs. VOO - Drawdown Comparison
The maximum FFRIX drawdown since its inception was -22.12%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FFRIX and VOO.
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Drawdown Indicators
| FFRIX | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.12% | -33.99% | +11.87% |
Max Drawdown (1Y)Largest decline over 1 year | -2.74% | -11.98% | +9.24% |
Max Drawdown (5Y)Largest decline over 5 years | -5.92% | -24.52% | +18.60% |
Max Drawdown (10Y)Largest decline over 10 years | -22.12% | -33.99% | +11.87% |
Current DrawdownCurrent decline from peak | -0.86% | -6.29% | +5.43% |
Average DrawdownAverage peak-to-trough decline | -1.01% | -3.72% | +2.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.58% | 2.52% | -1.94% |
Volatility
FFRIX vs. VOO - Volatility Comparison
The current volatility for Fidelity Advisor Floating Rate High Income Fund Class I (FFRIX) is 0.71%, while Vanguard S&P 500 ETF (VOO) has a volatility of 5.29%. This indicates that FFRIX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FFRIX | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.71% | 5.29% | -4.58% |
Volatility (6M)Calculated over the trailing 6-month period | 1.74% | 9.44% | -7.70% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.38% | 18.10% | -14.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.88% | 16.82% | -13.94% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.14% | 17.99% | -13.85% |