FIKOX vs. FSKAX
Compare and contrast key facts about Fidelity Advisor Corporate Bond Fund Class Z (FIKOX) and Fidelity Total Market Index Fund (FSKAX).
FIKOX is managed by Fidelity. It was launched on Oct 2, 2018. FSKAX is managed by Fidelity.
Performance
FIKOX vs. FSKAX - Performance Comparison
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FIKOX vs. FSKAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FIKOX Fidelity Advisor Corporate Bond Fund Class Z | -1.19% | 7.96% | 2.83% | 8.64% | -17.06% | -1.60% | 10.91% | 14.58% | 0.53% |
FSKAX Fidelity Total Market Index Fund | -3.98% | 17.06% | 23.89% | 26.12% | -19.53% | 25.66% | 20.79% | 30.92% | -10.87% |
Returns By Period
In the year-to-date period, FIKOX achieves a -1.19% return, which is significantly higher than FSKAX's -3.98% return.
FIKOX
- 1D
- 0.48%
- 1M
- -2.76%
- YTD
- -1.19%
- 6M
- -0.38%
- 1Y
- 4.07%
- 3Y*
- 4.76%
- 5Y*
- 0.47%
- 10Y*
- —
FSKAX
- 1D
- 2.99%
- 1M
- -5.06%
- YTD
- -3.98%
- 6M
- -2.04%
- 1Y
- 17.68%
- 3Y*
- 17.87%
- 5Y*
- 10.50%
- 10Y*
- 13.56%
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FIKOX vs. FSKAX - Expense Ratio Comparison
FIKOX has a 0.36% expense ratio, which is higher than FSKAX's 0.02% expense ratio.
Return for Risk
FIKOX vs. FSKAX — Risk / Return Rank
FIKOX
FSKAX
FIKOX vs. FSKAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Corporate Bond Fund Class Z (FIKOX) and Fidelity Total Market Index Fund (FSKAX). 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.
| FIKOX | FSKAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.97 | 0.98 | 0.00 |
Sortino ratioReturn per unit of downside risk | 1.38 | 1.49 | -0.11 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.23 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.56 | 1.50 | +0.05 |
Martin ratioReturn relative to average drawdown | 5.15 | 7.20 | -2.05 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FIKOX | FSKAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | 0.98 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | 0.61 | -0.53 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.74 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.79 | -0.34 |
Correlation
The correlation between FIKOX and FSKAX is 0.09, 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
FIKOX vs. FSKAX - Dividend Comparison
FIKOX's dividend yield for the trailing twelve months is around 3.94%, more than FSKAX's 1.06% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIKOX Fidelity Advisor Corporate Bond Fund Class Z | 3.94% | 4.20% | 4.05% | 3.51% | 2.62% | 2.90% | 3.47% | 3.37% | 0.98% | 0.00% | 0.00% | 0.00% |
FSKAX Fidelity Total Market Index Fund | 1.06% | 1.01% | 1.19% | 1.41% | 1.62% | 1.15% | 1.45% | 1.94% | 2.54% | 2.07% | 2.43% | 0.82% |
Drawdowns
FIKOX vs. FSKAX - Drawdown Comparison
The maximum FIKOX drawdown since its inception was -23.22%, smaller than the maximum FSKAX drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for FIKOX and FSKAX.
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Drawdown Indicators
| FIKOX | FSKAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.22% | -35.01% | +11.79% |
Max Drawdown (1Y)Largest decline over 1 year | -3.31% | -12.42% | +9.11% |
Max Drawdown (5Y)Largest decline over 5 years | -23.22% | -25.39% | +2.17% |
Max Drawdown (10Y)Largest decline over 10 years | — | -35.01% | — |
Current DrawdownCurrent decline from peak | -2.76% | -6.20% | +3.44% |
Average DrawdownAverage peak-to-trough decline | -6.77% | -4.05% | -2.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.00% | 2.60% | -1.60% |
Volatility
FIKOX vs. FSKAX - Volatility Comparison
The current volatility for Fidelity Advisor Corporate Bond Fund Class Z (FIKOX) is 1.74%, while Fidelity Total Market Index Fund (FSKAX) has a volatility of 5.52%. This indicates that FIKOX experiences smaller price fluctuations and is considered to be less risky than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FIKOX | FSKAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.74% | 5.52% | -3.78% |
Volatility (6M)Calculated over the trailing 6-month period | 2.79% | 9.85% | -7.06% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.81% | 18.69% | -13.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.69% | 17.42% | -10.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.57% | 18.44% | -11.87% |