FSAAX vs. ASFYX
Compare and contrast key facts about Fidelity Advisor Asset Manager 60% Fund Class A (FSAAX) and AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX).
FSAAX is managed by BlackRock. It was launched on Oct 9, 2007. ASFYX is managed by BlackRock. It was launched on Jul 30, 2010.
Performance
FSAAX vs. ASFYX - Performance Comparison
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FSAAX vs. ASFYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSAAX Fidelity Advisor Asset Manager 60% Fund Class A | -2.59% | 16.24% | 9.13% | 14.38% | -16.42% | 11.48% | 15.71% | 20.23% | -6.88% | 14.98% |
ASFYX AlphaSimplex Managed Futures Strategy Fund Class Y | 6.72% | -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, FSAAX achieves a -2.59% return, which is significantly lower than ASFYX's 6.72% return. Over the past 10 years, FSAAX has outperformed ASFYX with an annualized return of 7.46%, while ASFYX has yielded a comparatively lower 1.88% annualized return.
FSAAX
- 1D
- -0.18%
- 1M
- -6.24%
- YTD
- -2.59%
- 6M
- -0.41%
- 1Y
- 13.07%
- 3Y*
- 10.24%
- 5Y*
- 5.24%
- 10Y*
- 7.46%
ASFYX
- 1D
- 0.12%
- 1M
- -0.84%
- YTD
- 6.72%
- 6M
- 10.49%
- 1Y
- 3.28%
- 3Y*
- -2.85%
- 5Y*
- 2.28%
- 10Y*
- 1.88%
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FSAAX vs. ASFYX - Expense Ratio Comparison
FSAAX has a 1.00% expense ratio, which is lower than ASFYX's 1.47% expense ratio.
Return for Risk
FSAAX vs. ASFYX — Risk / Return Rank
FSAAX
ASFYX
FSAAX vs. ASFYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Asset Manager 60% Fund Class A (FSAAX) 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.
| FSAAX | ASFYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.22 | 0.27 | +0.95 |
Sortino ratioReturn per unit of downside risk | 1.74 | 0.42 | +1.32 |
Omega ratioGain probability vs. loss probability | 1.25 | 1.06 | +0.19 |
Calmar ratioReturn relative to maximum drawdown | 1.57 | 0.18 | +1.39 |
Martin ratioReturn relative to average drawdown | 6.83 | 0.29 | +6.54 |
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
| FSAAX | ASFYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.22 | 0.27 | +0.95 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | 0.17 | +0.33 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.69 | 0.15 | +0.54 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.31 | +0.16 |
Correlation
The correlation between FSAAX and ASFYX is 0.23, 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
FSAAX vs. ASFYX - Dividend Comparison
FSAAX's dividend yield for the trailing twelve months is around 5.72%, more than ASFYX's 1.42% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSAAX Fidelity Advisor Asset Manager 60% Fund Class A | 5.72% | 5.57% | 2.99% | 1.64% | 4.12% | 2.27% | 1.60% | 3.83% | 4.15% | 1.78% | 0.20% | 3.80% |
ASFYX AlphaSimplex Managed Futures Strategy Fund Class Y | 1.42% | 1.52% | 1.46% | 0.99% | 32.48% | 6.07% | 3.40% | 5.51% | 1.30% | 0.07% | 0.01% | 5.06% |
Drawdowns
FSAAX vs. ASFYX - Drawdown Comparison
The maximum FSAAX drawdown since its inception was -41.63%, which is greater than ASFYX's maximum drawdown of -36.43%. Use the drawdown chart below to compare losses from any high point for FSAAX and ASFYX.
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Drawdown Indicators
| FSAAX | ASFYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.63% | -36.43% | -5.20% |
Max Drawdown (1Y)Largest decline over 1 year | -7.95% | -13.51% | +5.56% |
Max Drawdown (5Y)Largest decline over 5 years | -22.62% | -36.43% | +13.81% |
Max Drawdown (10Y)Largest decline over 10 years | -24.38% | -36.43% | +12.05% |
Current DrawdownCurrent decline from peak | -7.13% | -24.28% | +17.15% |
Average DrawdownAverage peak-to-trough decline | -5.62% | -13.10% | +7.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.83% | 8.26% | -6.43% |
Volatility
FSAAX vs. ASFYX - Volatility Comparison
Fidelity Advisor Asset Manager 60% Fund Class A (FSAAX) has a higher volatility of 4.08% compared to AlphaSimplex Managed Futures Strategy Fund Class Y (ASFYX) at 3.82%. This indicates that FSAAX's price experiences larger fluctuations and is considered to be riskier 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
| FSAAX | ASFYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.08% | 3.82% | +0.26% |
Volatility (6M)Calculated over the trailing 6-month period | 6.83% | 10.00% | -3.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.14% | 13.00% | -1.86% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 10.67% | 13.67% | -3.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.90% | 12.68% | -1.78% |