Correlation
The correlation between FGBCX and AMAGX is -0.15. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
FGBCX vs. AMAGX
Compare and contrast key facts about Fidelity Advisor Investment Grade Bond Fund Class C (FGBCX) and Amana Mutual Funds Trust Growth Fund (AMAGX).
FGBCX is managed by Fidelity. It was launched on Aug 27, 2002. AMAGX is managed by Amana. It was launched on Feb 3, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FGBCX or AMAGX.
Performance
FGBCX vs. AMAGX - Performance Comparison
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Key characteristics
FGBCX:
0.89
AMAGX:
0.27
FGBCX:
1.18
AMAGX:
0.37
FGBCX:
1.14
AMAGX:
1.05
FGBCX:
0.33
AMAGX:
0.15
FGBCX:
1.80
AMAGX:
0.52
FGBCX:
2.36%
AMAGX:
6.38%
FGBCX:
5.38%
AMAGX:
21.52%
FGBCX:
-19.53%
AMAGX:
-57.64%
FGBCX:
-9.48%
AMAGX:
-4.52%
Returns By Period
In the year-to-date period, FGBCX achieves a 1.92% return, which is significantly higher than AMAGX's -0.67% return. Over the past 10 years, FGBCX has underperformed AMAGX with an annualized return of 0.97%, while AMAGX has yielded a comparatively higher 14.06% annualized return.
FGBCX
1.92%
-0.97%
0.34%
4.80%
0.72%
-1.31%
0.97%
AMAGX
-0.67%
7.21%
-2.16%
5.72%
12.25%
14.86%
14.06%
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FGBCX vs. AMAGX - Expense Ratio Comparison
FGBCX has a 1.53% expense ratio, which is higher than AMAGX's 0.91% expense ratio.
Risk-Adjusted Performance
FGBCX vs. AMAGX — Risk-Adjusted Performance Rank
FGBCX
AMAGX
FGBCX vs. AMAGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Investment Grade Bond Fund Class C (FGBCX) and Amana Mutual Funds Trust Growth Fund (AMAGX). 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.
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Dividends
FGBCX vs. AMAGX - Dividend Comparison
FGBCX's dividend yield for the trailing twelve months is around 2.87%, less than AMAGX's 3.98% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGBCX Fidelity Advisor Investment Grade Bond Fund Class C | 2.87% | 2.91% | 2.50% | 1.60% | 0.55% | 3.73% | 1.68% | 1.75% | 1.00% | 1.41% | 1.82% | 1.53% |
AMAGX Amana Mutual Funds Trust Growth Fund | 3.98% | 3.95% | 0.65% | 3.64% | 0.52% | 5.44% | 3.15% | 3.47% | 10.90% | 13.67% | 7.45% | 6.51% |
Drawdowns
FGBCX vs. AMAGX - Drawdown Comparison
The maximum FGBCX drawdown since its inception was -19.53%, smaller than the maximum AMAGX drawdown of -57.64%. Use the drawdown chart below to compare losses from any high point for FGBCX and AMAGX.
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Volatility
FGBCX vs. AMAGX - Volatility Comparison
The current volatility for Fidelity Advisor Investment Grade Bond Fund Class C (FGBCX) is 1.42%, while Amana Mutual Funds Trust Growth Fund (AMAGX) has a volatility of 5.07%. This indicates that FGBCX experiences smaller price fluctuations and is considered to be less risky than AMAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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