FIQVX vs. CPXIX

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Advisor Convertible Securities Fund Class Z (FIQVX) and Cohen & Steers Preferred Securities and Income Fund, Inc. (CPXIX).

FIQVX is managed by Fidelity. It was launched on Oct 2, 2018. CPXIX is managed by Cohen & Steers. It was launched on May 2, 2010.

Performance

FIQVX vs. CPXIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Convertible Securities Fund Class Z (FIQVX) and Cohen & Steers Preferred Securities and Income Fund, Inc. (CPXIX). The values are adjusted to include any dividend payments, if applicable.

FIQVX vs. CPXIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
FIQVX Fidelity Advisor Convertible Securities Fund Class Z	4.10%	18.42%	8.21%	11.53%	-15.27%	10.04%	42.63%	28.74%	-6.03%
CPXIX Cohen & Steers Preferred Securities and Income Fund, Inc.	-1.38%	8.44%	10.39%	6.38%	-12.37%	2.75%	6.47%	18.11%	-2.88%

Returns By Period

In the year-to-date period, FIQVX achieves a 4.10% return, which is significantly higher than CPXIX's -1.38% return.

FIQVX

• 1D: 2.66%
• 1M: -4.06%
• YTD: 4.10%
• 6M: 4.29%
• 1Y: 27.33%
• 3Y*: 12.65%
• 5Y*: 5.66%
• 10Y*: —

CPXIX

• 1D: 0.00%
• 1M: -2.38%
• YTD: -1.38%
• 6M: -0.13%
• 1Y: 5.83%
• 3Y*: 9.11%
• 5Y*: 2.48%
• 10Y*: 4.63%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FIQVX vs. CPXIX - Expense Ratio Comparison

FIQVX has a 0.59% expense ratio, which is lower than CPXIX's 0.84% expense ratio.

CPXIX

Cohen & Steers Preferred Securities and Income Fund, Inc.

FIQVX

Fidelity Advisor Convertible Securities Fund Class Z

Return for Risk

FIQVX vs. CPXIX — Risk / Return Rank

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

FIQVX

FIQVX Risk / Return Rank: 88
FIQVX Sharpe Ratio Rank: 86
FIQVX Sortino Ratio Rank: 86
FIQVX Omega Ratio Rank: 80
FIQVX Calmar Ratio Rank: 95
FIQVX Martin Ratio Rank: 95

CPXIX

CPXIX Risk / Return Rank: 81
CPXIX Sharpe Ratio Rank: 90
CPXIX Sortino Ratio Rank: 86
CPXIX Omega Ratio Rank: 93
CPXIX Calmar Ratio Rank: 69
CPXIX Martin Ratio Rank: 68

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.

FIQVX vs. CPXIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Convertible Securities Fund Class Z (FIQVX) and Cohen & Steers Preferred Securities and Income Fund, Inc. (CPXIX). 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.

	FIQVX	CPXIX	Difference
Sharpe ratio Return per unit of total volatility	1.78	1.90	-0.12
Sortino ratio Return per unit of downside risk	2.41	2.36	+0.05
Omega ratio Gain probability vs. loss probability	1.33	1.46	-0.13
Calmar ratio Return relative to maximum drawdown	3.56	1.71	+1.84
Martin ratio Return relative to average drawdown	13.36	6.83	+6.54
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FIQVX vs. CPXIX - Sharpe Ratio Comparison

The current FIQVX Sharpe Ratio is 1.78, which is comparable to the CPXIX Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of FIQVX and CPXIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FIQVX	CPXIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.78	1.90	-0.12
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.42	0.54	-0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.76	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.83	1.14	-0.31

Correlation

The correlation between FIQVX and CPXIX is 0.42, 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

FIQVX vs. CPXIX - Dividend Comparison

FIQVX's dividend yield for the trailing twelve months is around 11.07%, more than CPXIX's 5.26% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIQVX Fidelity Advisor Convertible Securities Fund Class Z	11.07%	11.52%	2.13%	2.24%	3.88%	20.80%	10.85%	3.40%	8.28%	0.00%	0.00%	0.00%
CPXIX Cohen & Steers Preferred Securities and Income Fund, Inc.	5.26%	5.54%	5.52%	5.76%	5.40%	4.89%	5.17%	5.30%	5.88%	5.01%	5.75%	5.91%

Drawdowns

FIQVX vs. CPXIX - Drawdown Comparison

The maximum FIQVX drawdown since its inception was -25.04%, roughly equal to the maximum CPXIX drawdown of -25.56%. Use the drawdown chart below to compare losses from any high point for FIQVX and CPXIX.

Drawdown Indicators

	FIQVX	CPXIX	Difference
Max Drawdown Largest peak-to-trough decline	-25.04%	-25.56%	+0.52%
Max Drawdown (1Y) Largest decline over 1 year	-7.74%	-3.26%	-4.48%
Max Drawdown (5Y) Largest decline over 5 years	-24.16%	-20.00%	-4.16%
Max Drawdown (10Y) Largest decline over 10 years	—	-25.56%	—
Current Drawdown Current decline from peak	-4.30%	-3.00%	-1.30%
Average Drawdown Average peak-to-trough decline	-6.83%	-2.72%	-4.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.06%	0.82%	+1.24%

Volatility

FIQVX vs. CPXIX - Volatility Comparison

Fidelity Advisor Convertible Securities Fund Class Z (FIQVX) has a higher volatility of 6.85% compared to Cohen & Steers Preferred Securities and Income Fund, Inc. (CPXIX) at 1.21%. This indicates that FIQVX's price experiences larger fluctuations and is considered to be riskier than CPXIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIQVX	CPXIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.85%	1.21%	+5.64%
Volatility (6M) Calculated over the trailing 6-month period	12.31%	1.76%	+10.55%
Volatility (1Y) Calculated over the trailing 1-year period	15.83%	3.15%	+12.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.40%	4.67%	+8.73%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.03%	6.14%	+8.89%