FIWDX vs. FXAIX
Compare and contrast key facts about Fidelity Advisor Strategic Income Fund Class Z (FIWDX) and Fidelity 500 Index Fund (FXAIX).
FIWDX is managed by Fidelity. It was launched on Oct 2, 2018. FXAIX is a passively managed fund by Fidelity that tracks the performance of the S&P 500 Index. It was launched on Feb 17, 1988.
Performance
FIWDX vs. FXAIX - Performance Comparison
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FIWDX vs. FXAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FIWDX Fidelity Advisor Strategic Income Fund Class Z | -0.80% | 8.98% | 6.07% | 9.20% | -11.76% | 3.51% | 7.60% | 11.20% | -1.63% |
FXAIX Fidelity 500 Index Fund | -7.05% | 17.84% | 25.01% | 26.29% | -18.14% | 28.71% | 18.42% | 31.48% | -10.39% |
Returns By Period
In the year-to-date period, FIWDX achieves a -0.80% return, which is significantly higher than FXAIX's -7.05% return.
FIWDX
- 1D
- 0.00%
- 1M
- -2.61%
- YTD
- -0.80%
- 6M
- 0.50%
- 1Y
- 7.24%
- 3Y*
- 6.67%
- 5Y*
- 2.79%
- 10Y*
- —
FXAIX
- 1D
- -0.39%
- 1M
- -7.68%
- YTD
- -7.05%
- 6M
- -4.59%
- 1Y
- 14.42%
- 3Y*
- 17.17%
- 5Y*
- 11.40%
- 10Y*
- 13.75%
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FIWDX vs. FXAIX - Expense Ratio Comparison
FIWDX has a 0.61% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Return for Risk
FIWDX vs. FXAIX — Risk / Return Rank
FIWDX
FXAIX
FIWDX vs. FXAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Strategic Income Fund Class Z (FIWDX) and Fidelity 500 Index Fund (FXAIX). 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.
| FIWDX | FXAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.18 | 0.84 | +1.34 |
Sortino ratioReturn per unit of downside risk | 3.05 | 1.30 | +1.76 |
Omega ratioGain probability vs. loss probability | 1.44 | 1.20 | +0.24 |
Calmar ratioReturn relative to maximum drawdown | 2.91 | 1.05 | +1.85 |
Martin ratioReturn relative to average drawdown | 11.43 | 5.13 | +6.30 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FIWDX | FXAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.18 | 0.84 | +1.34 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | 0.68 | -0.05 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.77 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.84 | 0.75 | +0.09 |
Correlation
The correlation between FIWDX and FXAIX is 0.49, 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
FIWDX vs. FXAIX - Dividend Comparison
FIWDX's dividend yield for the trailing twelve months is around 4.12%, more than FXAIX's 1.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIWDX Fidelity Advisor Strategic Income Fund Class Z | 4.12% | 4.39% | 4.21% | 4.02% | 2.99% | 4.28% | 4.62% | 4.39% | 1.13% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
Drawdowns
FIWDX vs. FXAIX - Drawdown Comparison
The maximum FIWDX drawdown since its inception was -15.96%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FIWDX and FXAIX.
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Drawdown Indicators
| FIWDX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.96% | -33.79% | +17.83% |
Max Drawdown (1Y)Largest decline over 1 year | -2.61% | -12.13% | +9.52% |
Max Drawdown (5Y)Largest decline over 5 years | -15.96% | -24.50% | +8.54% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.79% | — |
Current DrawdownCurrent decline from peak | -2.61% | -8.89% | +6.28% |
Average DrawdownAverage peak-to-trough decline | -3.27% | -3.83% | +0.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.67% | 2.50% | -1.83% |
Volatility
FIWDX vs. FXAIX - Volatility Comparison
The current volatility for Fidelity Advisor Strategic Income Fund Class Z (FIWDX) is 1.49%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.24%. This indicates that FIWDX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FIWDX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.49% | 4.24% | -2.75% |
Volatility (6M)Calculated over the trailing 6-month period | 2.29% | 9.08% | -6.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.51% | 18.13% | -14.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.45% | 16.88% | -12.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.87% | 18.03% | -13.16% |