FIKOX vs. PRPIX
Compare and contrast key facts about Fidelity Advisor Corporate Bond Fund Class Z (FIKOX) and T. Rowe Price Corporate Income Fund (PRPIX).
FIKOX is managed by Fidelity. It was launched on Oct 2, 2018. PRPIX is managed by T. Rowe Price. It was launched on Oct 31, 1995.
Performance
FIKOX vs. PRPIX - Performance Comparison
Loading graphics...
FIKOX vs. PRPIX - 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% |
PRPIX T. Rowe Price Corporate Income Fund | -0.95% | 11.87% | 3.20% | 8.81% | -17.71% | -0.76% | 7.87% | 15.77% | 1.47% |
Returns By Period
In the year-to-date period, FIKOX achieves a -1.19% return, which is significantly lower than PRPIX's -0.95% return.
FIKOX
- 1D
- 0.48%
- 1M
- -2.76%
- YTD
- -1.19%
- 6M
- -0.38%
- 1Y
- 4.07%
- 3Y*
- 4.76%
- 5Y*
- 0.47%
- 10Y*
- —
PRPIX
- 1D
- 0.50%
- 1M
- -2.80%
- YTD
- -0.95%
- 6M
- 1.06%
- 1Y
- 8.14%
- 3Y*
- 6.22%
- 5Y*
- 1.16%
- 10Y*
- 2.89%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FIKOX vs. PRPIX - Expense Ratio Comparison
FIKOX has a 0.36% expense ratio, which is lower than PRPIX's 0.56% expense ratio.
Return for Risk
FIKOX vs. PRPIX — Risk / Return Rank
FIKOX
PRPIX
FIKOX vs. PRPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Corporate Bond Fund Class Z (FIKOX) and T. Rowe Price Corporate Income Fund (PRPIX). 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 | PRPIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.97 | 1.83 | -0.86 |
Sortino ratioReturn per unit of downside risk | 1.38 | 2.64 | -1.26 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.33 | -0.16 |
Calmar ratioReturn relative to maximum drawdown | 1.56 | 2.54 | -0.98 |
Martin ratioReturn relative to average drawdown | 5.15 | 9.06 | -3.91 |
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
| FIKOX | PRPIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.97 | 1.83 | -0.86 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.07 | 0.18 | -0.11 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.48 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.87 | -0.42 |
Correlation
The correlation between FIKOX and PRPIX is 0.95, 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
FIKOX vs. PRPIX - Dividend Comparison
FIKOX's dividend yield for the trailing twelve months is around 3.94%, less than PRPIX's 8.71% 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% |
PRPIX T. Rowe Price Corporate Income Fund | 8.71% | 8.26% | 5.18% | 4.13% | 2.42% | 5.61% | 3.82% | 5.47% | 3.47% | 3.95% | 3.20% | 4.23% |
Drawdowns
FIKOX vs. PRPIX - Drawdown Comparison
The maximum FIKOX drawdown since its inception was -23.22%, roughly equal to the maximum PRPIX drawdown of -24.24%. Use the drawdown chart below to compare losses from any high point for FIKOX and PRPIX.
Loading graphics...
Drawdown Indicators
| FIKOX | PRPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.22% | -24.24% | +1.02% |
Max Drawdown (1Y)Largest decline over 1 year | -3.31% | -3.59% | +0.28% |
Max Drawdown (5Y)Largest decline over 5 years | -23.22% | -24.24% | +1.02% |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.24% | — |
Current DrawdownCurrent decline from peak | -2.76% | -2.80% | +0.04% |
Average DrawdownAverage peak-to-trough decline | -6.77% | -3.21% | -3.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.00% | 1.01% | -0.01% |
Volatility
FIKOX vs. PRPIX - Volatility Comparison
Fidelity Advisor Corporate Bond Fund Class Z (FIKOX) and T. Rowe Price Corporate Income Fund (PRPIX) have volatilities of 1.74% and 1.72%, 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
| FIKOX | PRPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.74% | 1.72% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 2.79% | 2.92% | -0.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.81% | 4.78% | +0.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.69% | 6.57% | +0.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.57% | 6.01% | +0.56% |