FIQTX vs. RITGX
Compare and contrast key facts about Fidelity Advisor High Income Advantage Fund Class Z (FIQTX) and American Funds American High-Income Trust® Class R-6 (RITGX).
FIQTX is managed by Fidelity. It was launched on Oct 2, 2018. RITGX is managed by American Funds. It was launched on Aug 4, 2008.
Performance
FIQTX vs. RITGX - Performance Comparison
Loading graphics...
FIQTX vs. RITGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
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% |
RITGX American Funds American High-Income Trust® Class R-6 | -0.47% | 8.69% | 9.91% | 12.54% | -10.10% | 8.74% | 7.44% | 12.28% | -4.08% |
Returns By Period
In the year-to-date period, FIQTX achieves a 0.47% return, which is significantly higher than RITGX's -0.47% return.
FIQTX
- 1D
- 1.21%
- 1M
- -1.84%
- YTD
- 0.47%
- 6M
- 1.90%
- 1Y
- 13.62%
- 3Y*
- 10.49%
- 5Y*
- 5.80%
- 10Y*
- —
RITGX
- 1D
- 0.62%
- 1M
- -1.61%
- YTD
- -0.47%
- 6M
- 0.81%
- 1Y
- 6.69%
- 3Y*
- 9.12%
- 5Y*
- 4.93%
- 10Y*
- 6.57%
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. RITGX - Expense Ratio Comparison
FIQTX has a 0.64% expense ratio, which is higher than RITGX's 0.32% expense ratio.
Return for Risk
FIQTX vs. RITGX — Risk / Return Rank
FIQTX
RITGX
FIQTX vs. RITGX - 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 American Funds American High-Income Trust® Class R-6 (RITGX). 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.
| FIQTX | RITGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.08 | 1.60 | +0.48 |
Sortino ratioReturn per unit of downside risk | 2.90 | 2.09 | +0.81 |
Omega ratioGain probability vs. loss probability | 1.44 | 1.38 | +0.06 |
Calmar ratioReturn relative to maximum drawdown | 3.30 | 2.15 | +1.14 |
Martin ratioReturn relative to average drawdown | 14.47 | 9.13 | +5.34 |
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
| FIQTX | RITGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.08 | 1.60 | +0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.92 | 0.99 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.20 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.83 | 1.18 | -0.35 |
Correlation
The correlation between FIQTX and RITGX is 0.80, 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
FIQTX vs. RITGX - Dividend Comparison
FIQTX's dividend yield for the trailing twelve months is around 4.44%, less than RITGX's 6.21% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
RITGX American Funds American High-Income Trust® Class R-6 | 6.21% | 6.63% | 6.66% | 6.80% | 4.50% | 4.65% | 6.19% | 6.56% | 6.68% | 6.36% | 5.36% | 7.29% |
Drawdowns
FIQTX vs. RITGX - Drawdown Comparison
The maximum FIQTX drawdown since its inception was -28.49%, which is greater than RITGX's maximum drawdown of -21.20%. Use the drawdown chart below to compare losses from any high point for FIQTX and RITGX.
Loading graphics...
Drawdown Indicators
| FIQTX | RITGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.49% | -21.20% | -7.29% |
Max Drawdown (1Y)Largest decline over 1 year | -4.34% | -3.38% | -0.96% |
Max Drawdown (5Y)Largest decline over 5 years | -15.16% | -13.75% | -1.41% |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.20% | — |
Current DrawdownCurrent decline from peak | -1.95% | -1.81% | -0.14% |
Average DrawdownAverage peak-to-trough decline | -3.37% | -2.25% | -1.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 0.80% | +0.19% |
Volatility
FIQTX vs. RITGX - Volatility Comparison
Fidelity Advisor High Income Advantage Fund Class Z (FIQTX) has a higher volatility of 2.65% compared to American Funds American High-Income Trust® Class R-6 (RITGX) at 1.37%. This indicates that FIQTX's price experiences larger fluctuations and is considered to be riskier than RITGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FIQTX | RITGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.65% | 1.37% | +1.28% |
Volatility (6M)Calculated over the trailing 6-month period | 4.31% | 2.39% | +1.92% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.72% | 4.34% | +2.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.32% | 4.98% | +1.34% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.40% | 5.52% | +2.88% |