FMSDX vs. FOCIX
Compare and contrast key facts about Fidelity Multi-Asset Income Fund (FMSDX) and Fairholme Focused Income Fund (FOCIX).
FMSDX is managed by Fidelity. It was launched on Sep 9, 2015. FOCIX is managed by Fairholme. It was launched on Dec 31, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FMSDX or FOCIX.
Correlation
The correlation between FMSDX and FOCIX is 0.50, 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.
Performance
FMSDX vs. FOCIX - Performance Comparison
Key characteristics
FMSDX:
0.45
FOCIX:
1.11
FMSDX:
0.69
FOCIX:
1.57
FMSDX:
1.09
FOCIX:
1.23
FMSDX:
0.39
FOCIX:
1.34
FMSDX:
1.48
FOCIX:
5.05
FMSDX:
3.48%
FOCIX:
1.99%
FMSDX:
11.37%
FOCIX:
9.08%
FMSDX:
-21.64%
FOCIX:
-22.33%
FMSDX:
-6.90%
FOCIX:
-3.41%
Returns By Period
In the year-to-date period, FMSDX achieves a -2.36% return, which is significantly lower than FOCIX's 1.22% return.
FMSDX
-2.36%
-1.27%
-1.99%
5.76%
8.43%
N/A
FOCIX
1.22%
-2.94%
6.34%
10.16%
10.24%
5.36%
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FMSDX vs. FOCIX - Expense Ratio Comparison
FMSDX has a 0.78% expense ratio, which is lower than FOCIX's 1.00% expense ratio.
Risk-Adjusted Performance
FMSDX vs. FOCIX — Risk-Adjusted Performance Rank
FMSDX
FOCIX
FMSDX vs. FOCIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Multi-Asset Income Fund (FMSDX) and Fairholme Focused Income Fund (FOCIX). 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
FMSDX vs. FOCIX - Dividend Comparison
FMSDX's dividend yield for the trailing twelve months is around 3.95%, more than FOCIX's 2.28% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMSDX Fidelity Multi-Asset Income Fund | 3.95% | 3.84% | 4.24% | 3.88% | 2.98% | 3.26% | 2.76% | 1.90% | 0.00% | 0.00% | 0.00% | 0.00% |
FOCIX Fairholme Focused Income Fund | 2.28% | 2.47% | 2.81% | 2.24% | 1.12% | 0.65% | 2.74% | 4.57% | 5.12% | 4.78% | 4.77% | 2.34% |
Drawdowns
FMSDX vs. FOCIX - Drawdown Comparison
The maximum FMSDX drawdown since its inception was -21.64%, roughly equal to the maximum FOCIX drawdown of -22.33%. Use the drawdown chart below to compare losses from any high point for FMSDX and FOCIX. For additional features, visit the drawdowns tool.
Volatility
FMSDX vs. FOCIX - Volatility Comparison
Fidelity Multi-Asset Income Fund (FMSDX) has a higher volatility of 7.55% compared to Fairholme Focused Income Fund (FOCIX) at 5.92%. This indicates that FMSDX's price experiences larger fluctuations and is considered to be riskier than FOCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.