FMFMX vs. STXAX
Compare and contrast key facts about Fidelity Advisor Series Equity Growth Fund (FMFMX) and Western Asset Municipal High Income Fund (STXAX).
FMFMX is managed by Fidelity. It was launched on Jun 6, 2014. STXAX is managed by Franklin Templeton. It was launched on Nov 5, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FMFMX or STXAX.
Correlation
The correlation between FMFMX and STXAX is 0.03, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FMFMX vs. STXAX - Performance Comparison
Key characteristics
FMFMX:
-0.08
STXAX:
0.99
FMFMX:
0.08
STXAX:
1.38
FMFMX:
1.02
STXAX:
1.20
FMFMX:
-0.09
STXAX:
0.79
FMFMX:
-0.23
STXAX:
3.45
FMFMX:
9.77%
STXAX:
1.12%
FMFMX:
27.58%
STXAX:
3.90%
FMFMX:
-41.61%
STXAX:
-21.99%
FMFMX:
-21.74%
STXAX:
-1.42%
Returns By Period
In the year-to-date period, FMFMX achieves a 3.65% return, which is significantly higher than STXAX's 0.33% return. Over the past 10 years, FMFMX has outperformed STXAX with an annualized return of 4.96%, while STXAX has yielded a comparatively lower 2.61% annualized return.
FMFMX
3.65%
1.79%
-13.35%
-4.35%
1.94%
4.96%
STXAX
0.33%
1.19%
0.42%
3.62%
1.17%
2.61%
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FMFMX vs. STXAX - Expense Ratio Comparison
FMFMX has a 0.00% expense ratio, which is lower than STXAX's 0.83% expense ratio.
Risk-Adjusted Performance
FMFMX vs. STXAX — Risk-Adjusted Performance Rank
FMFMX
STXAX
FMFMX vs. STXAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Series Equity Growth Fund (FMFMX) and Western Asset Municipal High Income Fund (STXAX). 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
FMFMX vs. STXAX - Dividend Comparison
FMFMX's dividend yield for the trailing twelve months is around 0.66%, less than STXAX's 3.80% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMFMX Fidelity Advisor Series Equity Growth Fund | 0.66% | 0.69% | 0.72% | 0.94% | 1.21% | 0.78% | 0.92% | 1.09% | 0.66% | 0.12% | 0.21% | 0.06% |
STXAX Western Asset Municipal High Income Fund | 3.80% | 3.81% | 3.90% | 3.61% | 2.98% | 3.33% | 4.12% | 4.30% | 4.29% | 4.12% | 4.41% | 4.40% |
Drawdowns
FMFMX vs. STXAX - Drawdown Comparison
The maximum FMFMX drawdown since its inception was -41.61%, which is greater than STXAX's maximum drawdown of -21.99%. Use the drawdown chart below to compare losses from any high point for FMFMX and STXAX. For additional features, visit the drawdowns tool.
Volatility
FMFMX vs. STXAX - Volatility Comparison
Fidelity Advisor Series Equity Growth Fund (FMFMX) has a higher volatility of 5.33% compared to Western Asset Municipal High Income Fund (STXAX) at 1.19%. This indicates that FMFMX's price experiences larger fluctuations and is considered to be riskier than STXAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.