FIKQX vs. PIMIX
Compare and contrast key facts about Fidelity Advisor Investment Grade Bond Fund Class Z (FIKQX) and PIMCO Income Fund Institutional Class (PIMIX).
FIKQX is managed by Fidelity. It was launched on Oct 2, 2018. PIMIX is managed by PIMCO. It was launched on Mar 30, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIKQX or PIMIX.
Correlation
The correlation between FIKQX and PIMIX is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FIKQX vs. PIMIX - Performance Comparison
Key characteristics
FIKQX:
0.80
PIMIX:
1.98
FIKQX:
1.19
PIMIX:
2.98
FIKQX:
1.14
PIMIX:
1.39
FIKQX:
0.31
PIMIX:
3.38
FIKQX:
2.08
PIMIX:
8.42
FIKQX:
2.06%
PIMIX:
0.95%
FIKQX:
5.36%
PIMIX:
4.02%
FIKQX:
-19.94%
PIMIX:
-13.39%
FIKQX:
-8.72%
PIMIX:
0.00%
Returns By Period
In the year-to-date period, FIKQX achieves a 0.62% return, which is significantly lower than PIMIX's 1.76% return.
FIKQX
0.62%
0.76%
-1.27%
4.29%
-0.36%
N/A
PIMIX
1.76%
1.67%
2.58%
7.97%
3.10%
4.45%
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FIKQX vs. PIMIX - Expense Ratio Comparison
FIKQX has a 0.36% expense ratio, which is lower than PIMIX's 0.62% expense ratio.
Risk-Adjusted Performance
FIKQX vs. PIMIX — Risk-Adjusted Performance Rank
FIKQX
PIMIX
FIKQX vs. PIMIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Investment Grade Bond Fund Class Z (FIKQX) and PIMCO Income Fund Institutional Class (PIMIX). 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.
Dividends
FIKQX vs. PIMIX - Dividend Comparison
FIKQX's dividend yield for the trailing twelve months is around 4.07%, less than PIMIX's 6.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIKQX Fidelity Advisor Investment Grade Bond Fund Class Z | 4.07% | 4.08% | 3.64% | 2.75% | 1.66% | 1.94% | 2.84% | 1.07% | 0.00% | 0.00% | 0.00% | 0.00% |
PIMIX PIMCO Income Fund Institutional Class | 6.20% | 6.27% | 6.21% | 6.40% | 4.02% | 4.89% | 5.86% | 5.68% | 5.41% | 5.57% | 7.84% | 6.30% |
Drawdowns
FIKQX vs. PIMIX - Drawdown Comparison
The maximum FIKQX drawdown since its inception was -19.94%, which is greater than PIMIX's maximum drawdown of -13.39%. Use the drawdown chart below to compare losses from any high point for FIKQX and PIMIX. For additional features, visit the drawdowns tool.
Volatility
FIKQX vs. PIMIX - Volatility Comparison
Fidelity Advisor Investment Grade Bond Fund Class Z (FIKQX) has a higher volatility of 1.41% compared to PIMCO Income Fund Institutional Class (PIMIX) at 0.86%. This indicates that FIKQX's price experiences larger fluctuations and is considered to be riskier than PIMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.