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FHIFX vs. RSIIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FHIFX vs. RSIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Focused High Income Fund (FHIFX) and RiverPark Strategic Income Fund (RSIIX). The values are adjusted to include any dividend payments, if applicable.

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FHIFX vs. RSIIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FHIFX
Fidelity Focused High Income Fund
-1.22%8.91%5.23%10.28%-11.88%2.86%4.51%15.49%-2.90%7.00%
RSIIX
RiverPark Strategic Income Fund
0.36%6.04%8.44%9.59%-3.31%11.60%3.42%3.50%1.36%4.84%

Returns By Period

In the year-to-date period, FHIFX achieves a -1.22% return, which is significantly lower than RSIIX's 0.36% return. Over the past 10 years, FHIFX has underperformed RSIIX with an annualized return of 4.41%, while RSIIX has yielded a comparatively higher 5.50% annualized return.


FHIFX

1D
0.12%
1M
-2.16%
YTD
-1.22%
6M
0.57%
1Y
6.19%
3Y*
6.51%
5Y*
2.74%
10Y*
4.41%

RSIIX

1D
0.12%
1M
-0.59%
YTD
0.36%
6M
0.82%
1Y
5.26%
3Y*
7.43%
5Y*
5.21%
10Y*
5.50%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FHIFX vs. RSIIX - Expense Ratio Comparison

FHIFX has a 0.75% expense ratio, which is lower than RSIIX's 1.18% expense ratio.


Return for Risk

FHIFX vs. RSIIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FHIFX
FHIFX Risk / Return Rank: 9191
Overall Rank
FHIFX Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
FHIFX Sortino Ratio Rank: 9393
Sortino Ratio Rank
FHIFX Omega Ratio Rank: 9393
Omega Ratio Rank
FHIFX Calmar Ratio Rank: 8787
Calmar Ratio Rank
FHIFX Martin Ratio Rank: 8888
Martin Ratio Rank

RSIIX
RSIIX Risk / Return Rank: 9696
Overall Rank
RSIIX Sharpe Ratio Rank: 9595
Sharpe Ratio Rank
RSIIX Sortino Ratio Rank: 9494
Sortino Ratio Rank
RSIIX Omega Ratio Rank: 9797
Omega Ratio Rank
RSIIX Calmar Ratio Rank: 9696
Calmar Ratio Rank
RSIIX Martin Ratio Rank: 9696
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FHIFX vs. RSIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Focused High Income Fund (FHIFX) and RiverPark Strategic Income Fund (RSIIX). 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.


FHIFXRSIIXDifference

Sharpe ratio

Return per unit of total volatility

2.01

2.29

-0.28

Sortino ratio

Return per unit of downside risk

2.85

2.92

-0.07

Omega ratio

Gain probability vs. loss probability

1.46

1.62

-0.16

Calmar ratio

Return relative to maximum drawdown

2.25

3.50

-1.25

Martin ratio

Return relative to average drawdown

9.69

14.92

-5.24

FHIFX vs. RSIIX - Sharpe Ratio Comparison

The current FHIFX Sharpe Ratio is 2.01, which is comparable to the RSIIX Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of FHIFX and RSIIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FHIFXRSIIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.01

2.29

-0.28

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.57

2.28

-1.71

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.86

1.98

-1.12

Sharpe Ratio (All Time)

Calculated using the full available price history

1.02

1.70

-0.68

Correlation

The correlation between FHIFX and RSIIX is 0.39, 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

FHIFX vs. RSIIX - Dividend Comparison

FHIFX's dividend yield for the trailing twelve months is around 5.33%, less than RSIIX's 7.62% yield.


TTM20252024202320222021202020192018201720162015
FHIFX
Fidelity Focused High Income Fund
5.33%5.54%4.09%4.36%3.43%3.37%3.81%4.27%5.00%4.19%4.84%4.44%
RSIIX
RiverPark Strategic Income Fund
7.62%7.75%7.67%7.61%6.58%5.12%5.77%4.84%4.59%4.98%5.10%6.57%

Drawdowns

FHIFX vs. RSIIX - Drawdown Comparison

The maximum FHIFX drawdown since its inception was -27.06%, which is greater than RSIIX's maximum drawdown of -15.55%. Use the drawdown chart below to compare losses from any high point for FHIFX and RSIIX.


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Drawdown Indicators


FHIFXRSIIXDifference

Max Drawdown

Largest peak-to-trough decline

-27.06%

-15.55%

-11.51%

Max Drawdown (1Y)

Largest decline over 1 year

-2.83%

-1.50%

-1.33%

Max Drawdown (5Y)

Largest decline over 5 years

-15.60%

-5.61%

-9.99%

Max Drawdown (10Y)

Largest decline over 10 years

-19.11%

-15.55%

-3.56%

Current Drawdown

Current decline from peak

-2.16%

-0.87%

-1.29%

Average Drawdown

Average peak-to-trough decline

-2.40%

-1.18%

-1.22%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.66%

0.35%

+0.31%

Volatility

FHIFX vs. RSIIX - Volatility Comparison

Fidelity Focused High Income Fund (FHIFX) and RiverPark Strategic Income Fund (RSIIX) have volatilities of 1.17% and 1.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FHIFXRSIIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.17%

1.14%

+0.03%

Volatility (6M)

Calculated over the trailing 6-month period

2.08%

1.62%

+0.46%

Volatility (1Y)

Calculated over the trailing 1-year period

3.32%

2.31%

+1.01%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.80%

2.30%

+2.50%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.13%

2.78%

+2.35%