PortfoliosLab logoPortfoliosLab logo
FIQTX vs. CWFIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FIQTX vs. CWFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor High Income Advantage Fund Class Z (FIQTX) and Chartwell Short Duration High Yield Fund (CWFIX). The values are adjusted to include any dividend payments, if applicable.

Loading graphics...

FIQTX vs. CWFIX - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
FIQTX
Fidelity Advisor High Income Advantage Fund Class Z
0.47%12.17%10.38%12.37%-11.16%11.13%9.06%17.93%-6.84%
CWFIX
Chartwell Short Duration High Yield Fund
-0.09%6.99%5.78%7.80%-3.17%2.40%4.38%7.33%-0.60%

Returns By Period

In the year-to-date period, FIQTX achieves a 0.47% return, which is significantly higher than CWFIX's -0.09% return.


FIQTX

1D
1.21%
1M
-1.84%
YTD
0.47%
6M
1.90%
1Y
13.62%
3Y*
10.49%
5Y*
5.80%
10Y*

CWFIX

1D
0.32%
1M
-0.62%
YTD
-0.09%
6M
1.41%
1Y
5.29%
3Y*
6.27%
5Y*
3.71%
10Y*
4.03%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FIQTX vs. CWFIX - Expense Ratio Comparison

FIQTX has a 0.64% expense ratio, which is higher than CWFIX's 0.49% expense ratio.


Return for Risk

FIQTX vs. CWFIX — Risk / Return Rank

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

FIQTX
FIQTX Risk / Return Rank: 9494
Overall Rank
FIQTX Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
FIQTX Sortino Ratio Rank: 9393
Sortino Ratio Rank
FIQTX Omega Ratio Rank: 9292
Omega Ratio Rank
FIQTX Calmar Ratio Rank: 9595
Calmar Ratio Rank
FIQTX Martin Ratio Rank: 9696
Martin Ratio Rank

CWFIX
CWFIX Risk / Return Rank: 9898
Overall Rank
CWFIX Sharpe Ratio Rank: 9898
Sharpe Ratio Rank
CWFIX Sortino Ratio Rank: 9898
Sortino Ratio Rank
CWFIX Omega Ratio Rank: 9898
Omega Ratio Rank
CWFIX Calmar Ratio Rank: 9797
Calmar Ratio Rank
CWFIX Martin Ratio Rank: 9797
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.

FIQTX vs. CWFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor High Income Advantage Fund Class Z (FIQTX) and Chartwell Short Duration High Yield Fund (CWFIX). 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.


FIQTXCWFIXDifference

Sharpe ratio

Return per unit of total volatility

2.08

3.13

-1.05

Sortino ratio

Return per unit of downside risk

2.90

4.52

-1.62

Omega ratio

Gain probability vs. loss probability

1.44

1.85

-0.41

Calmar ratio

Return relative to maximum drawdown

3.30

3.96

-0.67

Martin ratio

Return relative to average drawdown

14.47

18.37

-3.90

FIQTX vs. CWFIX - Sharpe Ratio Comparison

The current FIQTX Sharpe Ratio is 2.08, which is lower than the CWFIX Sharpe Ratio of 3.13. The chart below compares the historical Sharpe Ratios of FIQTX and CWFIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Loading graphics...

Sharpe Ratios by Period


FIQTXCWFIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.08

3.13

-1.05

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.92

1.35

-0.43

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.31

Sharpe Ratio (All Time)

Calculated using the full available price history

0.83

1.09

-0.25

Correlation

The correlation between FIQTX and CWFIX is 0.66, 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.


Dividends

FIQTX vs. CWFIX - Dividend Comparison

FIQTX's dividend yield for the trailing twelve months is around 4.44%, less than CWFIX's 4.77% yield.


TTM20252024202320222021202020192018201720162015
FIQTX
Fidelity Advisor High Income Advantage Fund Class Z
4.44%4.83%5.06%4.79%7.43%5.01%3.80%4.61%2.54%0.00%0.00%0.00%
CWFIX
Chartwell Short Duration High Yield Fund
4.77%5.17%5.09%4.41%3.17%2.79%3.38%3.60%3.24%2.82%3.79%3.32%

Drawdowns

FIQTX vs. CWFIX - Drawdown Comparison

The maximum FIQTX drawdown since its inception was -28.49%, which is greater than CWFIX's maximum drawdown of -12.41%. Use the drawdown chart below to compare losses from any high point for FIQTX and CWFIX.


Loading graphics...

Drawdown Indicators


FIQTXCWFIXDifference

Max Drawdown

Largest peak-to-trough decline

-28.49%

-12.41%

-16.08%

Max Drawdown (1Y)

Largest decline over 1 year

-4.34%

-1.37%

-2.97%

Max Drawdown (5Y)

Largest decline over 5 years

-15.16%

-6.36%

-8.80%

Max Drawdown (10Y)

Largest decline over 10 years

-12.41%

Current Drawdown

Current decline from peak

-1.95%

-0.71%

-1.24%

Average Drawdown

Average peak-to-trough decline

-3.37%

-0.87%

-2.50%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.99%

0.29%

+0.70%

Volatility

FIQTX vs. CWFIX - Volatility Comparison

Fidelity Advisor High Income Advantage Fund Class Z (FIQTX) has a higher volatility of 2.65% compared to Chartwell Short Duration High Yield Fund (CWFIX) at 0.79%. This indicates that FIQTX's price experiences larger fluctuations and is considered to be riskier than CWFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


Loading graphics...

Volatility by Period


FIQTXCWFIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.65%

0.79%

+1.86%

Volatility (6M)

Calculated over the trailing 6-month period

4.31%

1.07%

+3.24%

Volatility (1Y)

Calculated over the trailing 1-year period

6.72%

1.74%

+4.98%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.32%

2.75%

+3.57%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

8.40%

3.09%

+5.31%