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FHKAX vs. FTBFX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FHKAX vs. FTBFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor China Region Fund Class A (FHKAX) and Fidelity Total Bond Fund (FTBFX). The values are adjusted to include any dividend payments, if applicable.

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FHKAX vs. FTBFX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FHKAX
Fidelity Advisor China Region Fund Class A
5.42%42.19%22.84%-0.60%-24.09%-13.95%47.37%34.71%-17.67%51.46%
FTBFX
Fidelity Total Bond Fund
-0.49%7.50%2.50%7.25%-13.58%-0.44%9.34%9.89%-0.66%4.19%

Returns By Period

In the year-to-date period, FHKAX achieves a 5.42% return, which is significantly higher than FTBFX's -0.49% return. Over the past 10 years, FHKAX has outperformed FTBFX with an annualized return of 11.83%, while FTBFX has yielded a comparatively lower 2.58% annualized return.


FHKAX

1D
-0.67%
1M
-9.06%
YTD
5.42%
6M
6.13%
1Y
43.43%
3Y*
19.54%
5Y*
2.51%
10Y*
11.83%

FTBFX

1D
0.42%
1M
-2.35%
YTD
-0.49%
6M
0.46%
1Y
4.07%
3Y*
4.43%
5Y*
0.85%
10Y*
2.58%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FHKAX vs. FTBFX - Expense Ratio Comparison

FHKAX has a 1.21% expense ratio, which is higher than FTBFX's 0.45% expense ratio.


Return for Risk

FHKAX vs. FTBFX — Risk / Return Rank

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

FHKAX
FHKAX Risk / Return Rank: 8888
Overall Rank
FHKAX Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
FHKAX Sortino Ratio Rank: 8888
Sortino Ratio Rank
FHKAX Omega Ratio Rank: 8585
Omega Ratio Rank
FHKAX Calmar Ratio Rank: 9090
Calmar Ratio Rank
FHKAX Martin Ratio Rank: 8888
Martin Ratio Rank

FTBFX
FTBFX Risk / Return Rank: 6363
Overall Rank
FTBFX Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
FTBFX Sortino Ratio Rank: 6363
Sortino Ratio Rank
FTBFX Omega Ratio Rank: 5050
Omega Ratio Rank
FTBFX Calmar Ratio Rank: 7979
Calmar Ratio Rank
FTBFX Martin Ratio Rank: 6060
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.

FHKAX vs. FTBFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor China Region Fund Class A (FHKAX) and Fidelity Total Bond Fund (FTBFX). 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.


FHKAXFTBFXDifference

Sharpe ratio

Return per unit of total volatility

1.85

1.10

+0.76

Sortino ratio

Return per unit of downside risk

2.39

1.57

+0.83

Omega ratio

Gain probability vs. loss probability

1.34

1.20

+0.15

Calmar ratio

Return relative to maximum drawdown

2.48

1.86

+0.62

Martin ratio

Return relative to average drawdown

9.62

5.73

+3.89

FHKAX vs. FTBFX - Sharpe Ratio Comparison

The current FHKAX Sharpe Ratio is 1.85, which is higher than the FTBFX Sharpe Ratio of 1.10. The chart below compares the historical Sharpe Ratios of FHKAX and FTBFX, 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


FHKAXFTBFXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.85

1.10

+0.76

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.11

0.15

-0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.54

0.55

-0.01

Sharpe Ratio (All Time)

Calculated using the full available price history

0.31

0.93

-0.62

Correlation

The correlation between FHKAX and FTBFX is -0.05. 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.


Dividends

FHKAX vs. FTBFX - Dividend Comparison

FHKAX's dividend yield for the trailing twelve months is around 1.51%, less than FTBFX's 4.02% yield.


TTM20252024202320222021202020192018201720162015
FHKAX
Fidelity Advisor China Region Fund Class A
1.51%1.59%1.22%1.58%0.59%10.80%4.71%0.38%0.39%0.21%0.99%15.33%
FTBFX
Fidelity Total Bond Fund
4.02%4.36%4.51%4.15%2.54%1.89%5.22%3.03%3.19%2.97%3.61%3.30%

Drawdowns

FHKAX vs. FTBFX - Drawdown Comparison

The maximum FHKAX drawdown since its inception was -58.62%, which is greater than FTBFX's maximum drawdown of -18.25%. Use the drawdown chart below to compare losses from any high point for FHKAX and FTBFX.


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Drawdown Indicators


FHKAXFTBFXDifference

Max Drawdown

Largest peak-to-trough decline

-58.62%

-18.25%

-40.37%

Max Drawdown (1Y)

Largest decline over 1 year

-15.97%

-2.81%

-13.16%

Max Drawdown (5Y)

Largest decline over 5 years

-54.04%

-18.25%

-35.79%

Max Drawdown (10Y)

Largest decline over 10 years

-58.62%

-18.25%

-40.37%

Current Drawdown

Current decline from peak

-10.83%

-2.35%

-8.48%

Average Drawdown

Average peak-to-trough decline

-19.15%

-2.31%

-16.84%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.12%

0.91%

+3.21%

Volatility

FHKAX vs. FTBFX - Volatility Comparison

Fidelity Advisor China Region Fund Class A (FHKAX) has a higher volatility of 9.26% compared to Fidelity Total Bond Fund (FTBFX) at 1.48%. This indicates that FHKAX's price experiences larger fluctuations and is considered to be riskier than FTBFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FHKAXFTBFXDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.26%

1.48%

+7.78%

Volatility (6M)

Calculated over the trailing 6-month period

16.44%

2.46%

+13.98%

Volatility (1Y)

Calculated over the trailing 1-year period

23.16%

4.30%

+18.86%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.95%

5.62%

+18.33%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.09%

4.70%

+17.39%