Correlation
The correlation between FGQMX and PHIYX is 0.51, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
FGQMX vs. PHIYX
Compare and contrast key facts about Fidelity Advisor High Income Fund Class A (FGQMX) and PIMCO High Yield Fund (PHIYX).
FGQMX is managed by Fidelity. It was launched on Dec 4, 2018. PHIYX is managed by PIMCO. It was launched on Dec 15, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FGQMX or PHIYX.
Performance
FGQMX vs. PHIYX - Performance Comparison
Loading data...
Key characteristics
FGQMX:
2.29
PHIYX:
2.20
FGQMX:
2.95
PHIYX:
3.04
FGQMX:
1.49
PHIYX:
1.47
FGQMX:
2.00
PHIYX:
2.31
FGQMX:
8.43
PHIYX:
9.82
FGQMX:
0.96%
PHIYX:
0.82%
FGQMX:
3.87%
PHIYX:
3.81%
FGQMX:
-22.40%
PHIYX:
-32.73%
FGQMX:
-0.30%
PHIYX:
0.00%
Returns By Period
In the year-to-date period, FGQMX achieves a 1.73% return, which is significantly lower than PHIYX's 2.07% return.
FGQMX
1.73%
1.16%
1.68%
8.92%
5.34%
4.15%
N/A
PHIYX
2.07%
1.13%
1.76%
8.33%
5.93%
4.64%
4.43%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FGQMX vs. PHIYX - Expense Ratio Comparison
FGQMX has a 0.99% expense ratio, which is higher than PHIYX's 0.56% expense ratio.
Risk-Adjusted Performance
FGQMX vs. PHIYX — Risk-Adjusted Performance Rank
FGQMX
PHIYX
FGQMX vs. PHIYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor High Income Fund Class A (FGQMX) and PIMCO High Yield Fund (PHIYX). 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.
Loading data...
Dividends
FGQMX vs. PHIYX - Dividend Comparison
FGQMX's dividend yield for the trailing twelve months is around 5.95%, less than PHIYX's 6.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGQMX Fidelity Advisor High Income Fund Class A | 5.95% | 5.84% | 5.13% | 4.86% | 4.45% | 4.44% | 4.83% | 0.85% | 0.00% | 0.00% | 0.00% | 0.00% |
PHIYX PIMCO High Yield Fund | 6.23% | 6.18% | 5.62% | 7.38% | 4.53% | 4.56% | 5.04% | 5.63% | 5.12% | 5.38% | 8.80% | 8.63% |
Drawdowns
FGQMX vs. PHIYX - Drawdown Comparison
The maximum FGQMX drawdown since its inception was -22.40%, smaller than the maximum PHIYX drawdown of -32.73%. Use the drawdown chart below to compare losses from any high point for FGQMX and PHIYX.
Loading data...
Volatility
FGQMX vs. PHIYX - Volatility Comparison
Fidelity Advisor High Income Fund Class A (FGQMX) has a higher volatility of 1.10% compared to PIMCO High Yield Fund (PHIYX) at 0.99%. This indicates that FGQMX's price experiences larger fluctuations and is considered to be riskier than PHIYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...