FIWDX vs. FBKWX
Compare and contrast key facts about Fidelity Advisor Strategic Income Fund Class Z (FIWDX) and Fidelity Advisor Total Bond Fund Class Z (FBKWX).
FIWDX is managed by Fidelity. It was launched on Oct 2, 2018. FBKWX is managed by Fidelity. It was launched on Oct 15, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIWDX or FBKWX.
Key characteristics
| FIWDX | FBKWX | |
|---|---|---|
| YTD Return | 6.68% | 3.06% |
| 1Y Return | 13.09% | 9.65% |
| 3Y Return (Ann) | 0.70% | -1.25% |
| 5Y Return (Ann) | 2.52% | 0.61% |
| Sharpe Ratio | 3.10 | 1.49 |
| Sortino Ratio | 4.88 | 2.22 |
| Omega Ratio | 1.64 | 1.27 |
| Calmar Ratio | 1.31 | 0.66 |
| Martin Ratio | 18.69 | 5.63 |
| Ulcer Index | 0.64% | 1.48% |
| Daily Std Dev | 3.99% | 5.73% |
| Max Drawdown | -16.65% | -18.08% |
| Current Drawdown | -0.92% | -5.29% |
Correlation
The correlation between FIWDX and FBKWX is 0.75, 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.
Performance
FIWDX vs. FBKWX - Performance Comparison
In the year-to-date period, FIWDX achieves a 6.68% return, which is significantly higher than FBKWX's 3.06% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FIWDX vs. FBKWX - Expense Ratio Comparison
FIWDX has a 0.61% expense ratio, which is higher than FBKWX's 0.36% expense ratio.
Risk-Adjusted Performance
FIWDX vs. FBKWX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Strategic Income Fund Class Z (FIWDX) and Fidelity Advisor Total Bond Fund Class Z (FBKWX). 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
FIWDX vs. FBKWX - Dividend Comparison
FIWDX's dividend yield for the trailing twelve months is around 4.38%, less than FBKWX's 4.44% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FIWDX Fidelity Advisor Strategic Income Fund Class Z | 4.38% | 4.38% | 3.76% | 2.80% | 3.39% | 3.52% | 1.14% | 0.00% | 0.00% | 0.00% | 0.00% |
FBKWX Fidelity Advisor Total Bond Fund Class Z | 4.44% | 4.23% | 3.42% | 2.29% | 2.62% | 3.02% | 3.31% | 2.84% | 3.06% | 3.81% | 0.22% |
Drawdowns
FIWDX vs. FBKWX - Drawdown Comparison
The maximum FIWDX drawdown since its inception was -16.65%, smaller than the maximum FBKWX drawdown of -18.08%. Use the drawdown chart below to compare losses from any high point for FIWDX and FBKWX. For additional features, visit the drawdowns tool.
Volatility
FIWDX vs. FBKWX - Volatility Comparison
The current volatility for Fidelity Advisor Strategic Income Fund Class Z (FIWDX) is 0.96%, while Fidelity Advisor Total Bond Fund Class Z (FBKWX) has a volatility of 1.75%. This indicates that FIWDX experiences smaller price fluctuations and is considered to be less risky than FBKWX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.