FIQDX vs. CAIBX
FIQDX (Fidelity Advisor Strategic Real Return Fund Class Z) and CAIBX (American Funds Capital Income Builder Class A) are both Diversified Portfolio funds. Over the past 5 years, FIQDX returned 5.62%/yr vs 9.17%/yr for CAIBX. Their 0.70 correlation means they have sometimes moved together and sometimes differently. FIQDX charges 0.61%/yr vs 0.58%/yr for CAIBX.
Performance
FIQDX vs. CAIBX - Performance Comparison
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Returns By Period
In the year-to-date period, FIQDX achieves a 6.68% return, which is significantly lower than CAIBX's 11.17% return.
FIQDX
- 1D
- 0.11%
- 1M
- -0.11%
- 6M
- 2.84%
- YTD
- 6.68%
- 1Y
- 12.23%
- 3Y*
- 8.48%
- 5Y*
- 5.62%
- 10Y*
- —
- ALL TIME*
- 6.19%
CAIBX
- 1D
- 0.74%
- 1M
- 1.91%
- 6M
- 6.93%
- YTD
- 11.17%
- 1Y
- 18.61%
- 3Y*
- 15.72%
- 5Y*
- 9.17%
- 10Y*
- 8.02%
- ALL TIME*
- 9.82%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FIQDX vs. CAIBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FIQDX Fidelity Advisor Strategic Real Return Fund Class Z | 6.68% | 10.40% | 6.03% | 4.55% | -3.17% | 15.96% | 3.79% | 10.63% | -4.90% |
CAIBX American Funds Capital Income Builder Class A | 11.17% | 20.39% | 10.24% | 8.95% | -7.14% | 14.99% | 3.20% | 17.23% | -5.84% |
Correlation
The correlation between FIQDX and CAIBX is 0.53, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.53 |
Correlation (3Y) Balances recent behavior with more history. | 0.65 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.70 |
Correlation (All Time) Calculated using the full available price history since Oct 4, 2018 | 0.70 |
The correlation between FIQDX and CAIBX shifts across timeframes, from 0.53 (1 year) to 0.70 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
FIQDX vs. CAIBX — Risk / Return Rank
FIQDX
CAIBX
FIQDX vs. CAIBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Strategic Real Return Fund Class Z (FIQDX) and American Funds Capital Income Builder Class A (CAIBX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FIQDX | CAIBX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.28 | ||
| Sortino ratioReturn per unit of downside risk | +0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.50 | 1.43 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.46 | 2.87 | +0.59 |
| Martin ratioReturn relative to average drawdown | 10.81 | 11.47 | -0.65 |
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Drawdowns
FIQDX vs. CAIBX - Drawdown Comparison
The maximum FIQDX drawdown since its inception was -19.98%, smaller than the maximum CAIBX drawdown of -43.68%. Use the drawdown chart below to compare losses from any high point for FIQDX and CAIBX.
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Drawdown Indicators
| FIQDX | CAIBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.98% | -43.68% | +23.70% |
Max Drawdown (1Y)Largest decline over 1 year | -3.63% | -6.47% | +2.84% |
Max Drawdown (3Y)Largest decline over 3 years | -5.91% | -8.89% | +2.98% |
Max Drawdown (5Y)Largest decline over 5 years | -12.79% | -17.65% | +4.86% |
Max Drawdown (10Y)Largest decline over 10 years | — | -25.28% | — |
Current DrawdownCurrent decline from peak | -2.69% | 0.00% | -2.69% |
Average DrawdownAverage peak-to-trough decline | -2.96% | -3.79% | +0.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.16% | 1.62% | -0.46% |
Volatility
FIQDX vs. CAIBX - Volatility Comparison
The current volatility for Fidelity Advisor Strategic Real Return Fund Class Z (FIQDX) is 1.65%, while American Funds Capital Income Builder Class A (CAIBX) has a volatility of 1.84%. This indicates that FIQDX experiences smaller price fluctuations and is considered to be less risky than CAIBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FIQDX | CAIBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.65% | 1.84% | -0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 3.54% | 6.58% | -3.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.89% | 8.17% | -3.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.91% | 9.98% | -3.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.37% | 10.77% | -3.40% |
FIQDX vs. CAIBX - Expense Ratio Comparison
FIQDX has a 0.61% expense ratio, which is higher than CAIBX's 0.58% expense ratio.
Dividends
FIQDX vs. CAIBX - Dividend Comparison
FIQDX's dividend yield for the trailing twelve months is around 3.27%, less than CAIBX's 7.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAIBX American Funds Capital Income Builder Class A | 7.06% | 7.71% | 5.76% | 3.47% | 3.43% | 3.14% | 3.38% | 4.10% | 3.55% | 4.44% | 3.52% | 3.62% |
FIQDX Fidelity Advisor Strategic Real Return Fund Class Z | 3.27% | 4.75% | 4.88% | 5.38% | 7.39% | 5.44% | 2.29% | 3.17% | 8.46% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FIQDX and CAIBX have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CAIBX has higher volatility (1.84%) compared to FIQDX (1.65%). In terms of maximum drawdown, FIQDX dropped -19.98% vs CAIBX's -43.68%.
FIQDX currently has the higher Sharpe Ratio (2.57 vs 2.29), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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