FRQIX vs. ASFYX
Compare and contrast key facts about Fidelity Advisor Managed Retirement 2010 Fund Class I (FRQIX) and AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX).
FRQIX is managed by BlackRock. It was launched on Aug 30, 2007. ASFYX is managed by BlackRock. It was launched on Jul 30, 2010.
Performance
FRQIX vs. ASFYX - Performance Comparison
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FRQIX vs. ASFYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FRQIX Fidelity Advisor Managed Retirement 2010 Fund Class I | -0.50% | 9.97% | 4.48% | 8.52% | -12.39% | 3.82% | 9.58% | 12.63% | -2.84% | 10.64% |
ASFYX AlphaSimplex Managed Futures Strategy Fund Class Y | 6.59% | -9.67% | -3.22% | -10.33% | 35.67% | 3.52% | 13.59% | 8.99% | -12.59% | 6.78% |
Returns By Period
In the year-to-date period, FRQIX achieves a -0.50% return, which is significantly lower than ASFYX's 6.59% return. Over the past 10 years, FRQIX has outperformed ASFYX with an annualized return of 4.73%, while ASFYX has yielded a comparatively lower 1.87% annualized return.
FRQIX
- 1D
- 0.27%
- 1M
- -3.17%
- YTD
- -0.50%
- 6M
- 0.77%
- 1Y
- 7.09%
- 3Y*
- 6.12%
- 5Y*
- 2.48%
- 10Y*
- 4.73%
ASFYX
- 1D
- 0.00%
- 1M
- -1.55%
- YTD
- 6.59%
- 6M
- 10.95%
- 1Y
- 3.41%
- 3Y*
- -2.89%
- 5Y*
- 2.30%
- 10Y*
- 1.87%
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FRQIX vs. ASFYX - Expense Ratio Comparison
FRQIX has a 0.46% expense ratio, which is lower than ASFYX's 1.47% expense ratio.
Return for Risk
FRQIX vs. ASFYX — Risk / Return Rank
FRQIX
ASFYX
FRQIX vs. ASFYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Managed Retirement 2010 Fund Class I (FRQIX) and AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX). 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.
| FRQIX | ASFYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.56 | 0.18 | +1.39 |
Sortino ratioReturn per unit of downside risk | 2.17 | 0.30 | +1.87 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.04 | +0.27 |
Calmar ratioReturn relative to maximum drawdown | 2.10 | 0.10 | +2.00 |
Martin ratioReturn relative to average drawdown | 8.45 | 0.16 | +8.29 |
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
| FRQIX | ASFYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.56 | 0.18 | +1.39 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.17 | +0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.89 | 0.15 | +0.74 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.53 | 0.31 | +0.22 |
Correlation
The correlation between FRQIX and ASFYX is 0.17, 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
FRQIX vs. ASFYX - Dividend Comparison
FRQIX's dividend yield for the trailing twelve months is around 3.07%, more than ASFYX's 1.43% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FRQIX Fidelity Advisor Managed Retirement 2010 Fund Class I | 3.07% | 3.14% | 2.97% | 2.75% | 5.01% | 6.00% | 3.51% | 3.14% | 5.60% | 16.32% | 2.43% | 4.08% |
ASFYX AlphaSimplex Managed Futures Strategy Fund Class Y | 1.43% | 1.52% | 1.46% | 0.99% | 32.48% | 6.07% | 3.40% | 5.51% | 1.30% | 0.07% | 0.01% | 5.06% |
Drawdowns
FRQIX vs. ASFYX - Drawdown Comparison
The maximum FRQIX drawdown since its inception was -38.01%, roughly equal to the maximum ASFYX drawdown of -36.43%. Use the drawdown chart below to compare losses from any high point for FRQIX and ASFYX.
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Drawdown Indicators
| FRQIX | ASFYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.01% | -36.43% | -1.58% |
Max Drawdown (1Y)Largest decline over 1 year | -3.43% | -13.51% | +10.08% |
Max Drawdown (5Y)Largest decline over 5 years | -17.04% | -36.43% | +19.39% |
Max Drawdown (10Y)Largest decline over 10 years | -17.04% | -36.43% | +19.39% |
Current DrawdownCurrent decline from peak | -3.17% | -24.37% | +21.20% |
Average DrawdownAverage peak-to-trough decline | -4.47% | -13.09% | +8.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.85% | 8.72% | -7.87% |
Volatility
FRQIX vs. ASFYX - Volatility Comparison
The current volatility for Fidelity Advisor Managed Retirement 2010 Fund Class I (FRQIX) is 1.95%, while AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX) has a volatility of 3.86%. This indicates that FRQIX experiences smaller price fluctuations and is considered to be less risky than ASFYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FRQIX | ASFYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.95% | 3.86% | -1.91% |
Volatility (6M)Calculated over the trailing 6-month period | 2.85% | 10.01% | -7.16% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.61% | 13.02% | -8.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.52% | 13.68% | -8.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.33% | 12.68% | -7.35% |