FPIOX vs. RSIIX
Compare and contrast key facts about Strategic Advisers Income Opportunities Fund (FPIOX) and RiverPark Strategic Income Fund (RSIIX).
FPIOX is managed by Fidelity. It was launched on Sep 27, 2007. RSIIX is managed by RiverPark Funds. It was launched on Sep 30, 2013.
Performance
FPIOX vs. RSIIX - Performance Comparison
Loading graphics...
FPIOX vs. RSIIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FPIOX Strategic Advisers Income Opportunities Fund | -2.22% | 8.47% | 7.89% | 11.85% | -11.84% | 5.35% | 5.64% | 14.77% | -3.53% | 8.21% |
RSIIX RiverPark Strategic Income Fund | 0.36% | 6.04% | 8.44% | 9.59% | -3.31% | 11.60% | 3.42% | 3.50% | 1.36% | 4.84% |
Returns By Period
In the year-to-date period, FPIOX achieves a -2.22% return, which is significantly lower than RSIIX's 0.36% return. Both investments have delivered pretty close results over the past 10 years, with FPIOX having a 5.31% annualized return and RSIIX not far ahead at 5.50%.
FPIOX
- 1D
- -0.34%
- 1M
- -2.44%
- YTD
- -2.22%
- 6M
- -1.31%
- 1Y
- 5.22%
- 3Y*
- 7.29%
- 5Y*
- 3.37%
- 10Y*
- 5.31%
RSIIX
- 1D
- 0.12%
- 1M
- -0.59%
- YTD
- 0.36%
- 6M
- 0.82%
- 1Y
- 5.26%
- 3Y*
- 7.43%
- 5Y*
- 5.21%
- 10Y*
- 5.50%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FPIOX vs. RSIIX - Expense Ratio Comparison
FPIOX has a 0.49% expense ratio, which is lower than RSIIX's 1.18% expense ratio.
Return for Risk
FPIOX vs. RSIIX — Risk / Return Rank
FPIOX
RSIIX
FPIOX vs. RSIIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Strategic Advisers Income Opportunities Fund (FPIOX) and RiverPark Strategic Income Fund (RSIIX). 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.
| FPIOX | RSIIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.66 | 2.29 | -0.64 |
Sortino ratioReturn per unit of downside risk | 2.39 | 2.92 | -0.53 |
Omega ratioGain probability vs. loss probability | 1.37 | 1.62 | -0.25 |
Calmar ratioReturn relative to maximum drawdown | 1.20 | 3.50 | -2.31 |
Martin ratioReturn relative to average drawdown | 5.01 | 14.92 | -9.91 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FPIOX | RSIIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.66 | 2.29 | -0.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.70 | 2.28 | -1.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.98 | 1.98 | -1.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.92 | 1.70 | -0.78 |
Correlation
The correlation between FPIOX and RSIIX is 0.39, 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.
Dividends
FPIOX vs. RSIIX - Dividend Comparison
FPIOX's dividend yield for the trailing twelve months is around 3.99%, less than RSIIX's 7.62% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FPIOX Strategic Advisers Income Opportunities Fund | 3.99% | 5.34% | 5.81% | 5.52% | 4.34% | 4.70% | 5.20% | 5.53% | 5.48% | 5.02% | 5.88% | 6.58% |
RSIIX RiverPark Strategic Income Fund | 7.62% | 7.75% | 7.67% | 7.61% | 6.58% | 5.12% | 5.77% | 4.84% | 4.59% | 4.98% | 5.10% | 6.57% |
Drawdowns
FPIOX vs. RSIIX - Drawdown Comparison
The maximum FPIOX drawdown since its inception was -36.95%, which is greater than RSIIX's maximum drawdown of -15.55%. Use the drawdown chart below to compare losses from any high point for FPIOX and RSIIX.
Loading graphics...
Drawdown Indicators
| FPIOX | RSIIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.95% | -15.55% | -21.40% |
Max Drawdown (1Y)Largest decline over 1 year | -3.10% | -1.50% | -1.60% |
Max Drawdown (5Y)Largest decline over 5 years | -15.14% | -5.61% | -9.53% |
Max Drawdown (10Y)Largest decline over 10 years | -21.77% | -15.55% | -6.22% |
Current DrawdownCurrent decline from peak | -2.66% | -0.87% | -1.79% |
Average DrawdownAverage peak-to-trough decline | -3.68% | -1.18% | -2.50% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.94% | 0.35% | +0.59% |
Volatility
FPIOX vs. RSIIX - Volatility Comparison
Strategic Advisers Income Opportunities Fund (FPIOX) and RiverPark Strategic Income Fund (RSIIX) have volatilities of 1.11% and 1.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FPIOX | RSIIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.11% | 1.14% | -0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 2.13% | 1.62% | +0.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.00% | 2.31% | +1.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.03% | 2.30% | +2.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.52% | 2.78% | +2.74% |