FHIFX vs. VWEAX
Compare and contrast key facts about Fidelity Focused High Income Fund (FHIFX) and Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX).
FHIFX is managed by Fidelity. It was launched on Sep 8, 2004. VWEAX is managed by Vanguard. It was launched on Nov 12, 2001.
Performance
FHIFX vs. VWEAX - Performance Comparison
Loading graphics...
FHIFX vs. VWEAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
VWEAX Vanguard High-Yield Corporate Fund Admiral Shares | -1.68% | 9.49% | 6.42% | 11.79% | -8.95% | 3.04% | 5.41% | 15.92% | -2.80% | 7.17% |
Returns By Period
In the year-to-date period, FHIFX achieves a -1.22% return, which is significantly higher than VWEAX's -1.68% return. Over the past 10 years, FHIFX has underperformed VWEAX with an annualized return of 4.41%, while VWEAX has yielded a comparatively higher 5.22% 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%
VWEAX
- 1D
- 0.18%
- 1M
- -2.34%
- YTD
- -1.68%
- 6M
- 0.04%
- 1Y
- 5.98%
- 3Y*
- 7.45%
- 5Y*
- 3.91%
- 10Y*
- 5.22%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FHIFX vs. VWEAX - Expense Ratio Comparison
FHIFX has a 0.75% expense ratio, which is higher than VWEAX's 0.13% expense ratio.
Return for Risk
FHIFX vs. VWEAX — Risk / Return Rank
FHIFX
VWEAX
FHIFX vs. VWEAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Focused High Income Fund (FHIFX) and Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX). 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.
| FHIFX | VWEAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.01 | 1.92 | +0.09 |
Sortino ratioReturn per unit of downside risk | 2.85 | 2.89 | -0.03 |
Omega ratioGain probability vs. loss probability | 1.46 | 1.47 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 2.25 | 2.52 | -0.27 |
Martin ratioReturn relative to average drawdown | 9.69 | 10.45 | -0.76 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FHIFX | VWEAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.01 | 1.92 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 0.81 | -0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.86 | 1.00 | -0.13 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.02 | 1.22 | -0.20 |
Correlation
The correlation between FHIFX and VWEAX is 0.82, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
FHIFX vs. VWEAX - Dividend Comparison
FHIFX's dividend yield for the trailing twelve months is around 5.33%, less than VWEAX's 5.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
VWEAX Vanguard High-Yield Corporate Fund Admiral Shares | 5.91% | 6.25% | 6.20% | 5.79% | 5.21% | 3.49% | 4.71% | 5.33% | 6.07% | 5.39% | 5.51% | 6.53% |
Drawdowns
FHIFX vs. VWEAX - Drawdown Comparison
The maximum FHIFX drawdown since its inception was -27.06%, smaller than the maximum VWEAX drawdown of -30.05%. Use the drawdown chart below to compare losses from any high point for FHIFX and VWEAX.
Loading graphics...
Drawdown Indicators
| FHIFX | VWEAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.06% | -30.05% | +2.99% |
Max Drawdown (1Y)Largest decline over 1 year | -2.83% | -2.52% | -0.31% |
Max Drawdown (5Y)Largest decline over 5 years | -15.60% | -13.77% | -1.83% |
Max Drawdown (10Y)Largest decline over 10 years | -19.11% | -19.68% | +0.57% |
Current DrawdownCurrent decline from peak | -2.16% | -2.34% | +0.18% |
Average DrawdownAverage peak-to-trough decline | -2.40% | -2.13% | -0.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.66% | 0.61% | +0.05% |
Volatility
FHIFX vs. VWEAX - Volatility Comparison
Fidelity Focused High Income Fund (FHIFX) and Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX) have volatilities of 1.17% and 1.23%, 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.
Loading graphics...
Volatility by Period
| FHIFX | VWEAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.17% | 1.23% | -0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 2.08% | 2.25% | -0.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.32% | 3.43% | -0.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.80% | 4.86% | -0.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.13% | 5.27% | -0.14% |