FPDIX vs. BERIX

Last updated Jun 4, 2026

FPDIX (Fidelity Advisor 529 Aggressive Growth Portfolio Class I) and BERIX (Chartwell Income Fund) are both Diversified Portfolio funds. Over the past 5 years, FPDIX returned 10.94%/yr vs 4.53%/yr for BERIX. A 0.61 correlation means they provide meaningful diversification when combined.

Performance

FPDIX vs. BERIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor 529 Aggressive Growth Portfolio Class I (FPDIX) and Chartwell Income Fund (BERIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FPDIX achieves a 13.21% return, which is significantly higher than BERIX's 4.49% return.

FPDIX

• 1D: 0.53%
• 1M: 4.88%
• YTD: 13.21%
• 6M: 15.06%
• 1Y: 29.69%
• 3Y*: 21.50%
• 5Y*: 10.94%
• 10Y*: —

BERIX

• 1D: -0.27%
• 1M: -0.55%
• YTD: 4.49%
• 6M: 5.12%
• 1Y: 13.18%
• 3Y*: 9.75%
• 5Y*: 4.53%
• 10Y*: 4.94%

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

FPDIX vs. BERIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FPDIX Fidelity Advisor 529 Aggressive Growth Portfolio Class I	13.21%	24.03%	15.81%	20.91%	-17.98%	17.54%	18.10%	9.07%
BERIX Chartwell Income Fund	4.49%	13.23%	7.20%	7.77%	-10.14%	7.35%	4.49%	3.45%

Correlation

The correlation between FPDIX and BERIX is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.49
Correlation (5Y) Calculated over the trailing 5-year period	0.56
Correlation (All Time) Calculated using the full available price history since Jun 21, 2019	0.61

Over the past year, the correlation between FPDIX and BERIX has dropped to 0.39 - well below their long-term average of 0.61, suggesting their price drivers have been diverging.

Return for Risk

FPDIX vs. BERIX — Risk / Return Rank

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

FPDIX

FPDIX Risk / Return Rank: 69
FPDIX Sharpe Ratio Rank: 69
FPDIX Sortino Ratio Rank: 64
FPDIX Omega Ratio Rank: 66
FPDIX Calmar Ratio Rank: 72
FPDIX Martin Ratio Rank: 74

BERIX

BERIX Risk / Return Rank: 86
BERIX Sharpe Ratio Rank: 85
BERIX Sortino Ratio Rank: 74
BERIX Omega Ratio Rank: 84
BERIX Calmar Ratio Rank: 94
BERIX Martin Ratio Rank: 92

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.

FPDIX vs. BERIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor 529 Aggressive Growth Portfolio Class I (FPDIX) and Chartwell Income Fund (BERIX). 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.

	FPDIX	BERIX	Difference
Sharpe ratio: Return per unit of total volatility	2.44	2.76	-0.32
Sortino ratio: Return per unit of downside risk	3.36	3.60	-0.24
Omega ratio: Gain probability vs. loss probability	1.45	1.57	-0.12
Calmar ratio: Return relative to maximum drawdown	3.31	5.38	-2.08
Martin ratio: Return relative to average drawdown	14.04	19.09	-5.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FPDIX vs. BERIX - Sharpe Ratio Comparison

The current FPDIX Sharpe Ratio is 2.44, which is comparable to the BERIX Sharpe Ratio of 2.76. The chart below compares the historical Sharpe Ratios of FPDIX and BERIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FPDIX	BERIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.44	2.76	-0.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.67	0.77	-0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.82	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.74	1.07	-0.32

Drawdowns

FPDIX vs. BERIX - Drawdown Comparison

The maximum FPDIX drawdown since its inception was -32.81%, which is greater than BERIX's maximum drawdown of -20.34%. Use the drawdown chart below to compare losses from any high point for FPDIX and BERIX.

Drawdown Indicators

	FPDIX	BERIX	Difference
Max Drawdown Largest peak-to-trough decline	-32.81%	-20.34%	-12.47%
Max Drawdown (1Y) Largest decline over 1 year	-10.12%	-2.51%	-7.61%
Max Drawdown (3Y) Largest decline over 3 years	-16.38%	-5.82%	-10.56%
Max Drawdown (5Y) Largest decline over 5 years	-27.82%	-15.73%	-12.09%
Max Drawdown (10Y) Largest decline over 10 years	—	-20.34%	—
Current Drawdown Current decline from peak	0.00%	-1.35%	+1.35%
Average Drawdown Average peak-to-trough decline	-6.19%	-2.59%	-3.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.28%	0.71%	+1.57%

Volatility

FPDIX vs. BERIX - Volatility Comparison

Fidelity Advisor 529 Aggressive Growth Portfolio Class I (FPDIX) has a higher volatility of 4.17% compared to Chartwell Income Fund (BERIX) at 1.36%. This indicates that FPDIX's price experiences larger fluctuations and is considered to be riskier than BERIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FPDIX	BERIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.17%	1.36%	+2.81%
Volatility (6M) Calculated over the trailing 6-month period	11.27%	4.23%	+7.04%
Volatility (1Y) Calculated over the trailing 1-year period	13.74%	4.89%	+8.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.76%	5.94%	+10.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.81%	6.01%	+12.80%

Dividends

FPDIX vs. BERIX - Dividend Comparison

FPDIX has not paid dividends to shareholders, while BERIX's dividend yield for the trailing twelve months is around 4.07%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BERIX Chartwell Income Fund	4.07%	3.97%	3.90%	3.36%	3.54%	2.58%	3.07%	3.03%	5.83%	5.22%	2.76%	2.45%
FPDIX Fidelity Advisor 529 Aggressive Growth Portfolio Class I	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FPDIX and BERIX in my portfolio?

FPDIX and BERIX have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FPDIX or BERIX?

FPDIX has higher volatility (4.17%) compared to BERIX (1.36%). In terms of maximum drawdown, FPDIX dropped -32.81% vs BERIX's -20.34%.

Which has better risk-adjusted returns?

BERIX currently has the higher Sharpe Ratio (2.76 vs 2.44), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.