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FSATX vs. PMAIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FSATX vs. PMAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Asset Manager 60% Fund Class M (FSATX) and Pioneer Multi-Asset Income Fund A (PMAIX). The values are adjusted to include any dividend payments, if applicable.

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FSATX vs. PMAIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FSATX
Fidelity Advisor Asset Manager 60% Fund Class M
-2.67%15.89%8.90%14.20%-16.71%11.24%15.43%19.93%-7.11%15.06%
PMAIX
Pioneer Multi-Asset Income Fund A
0.80%23.03%6.09%7.32%-0.79%12.00%5.35%10.88%-6.10%17.97%

Returns By Period

In the year-to-date period, FSATX achieves a -2.67% return, which is significantly lower than PMAIX's 0.80% return. Over the past 10 years, FSATX has underperformed PMAIX with an annualized return of 7.24%, while PMAIX has yielded a comparatively higher 8.45% annualized return.


FSATX

1D
-0.18%
1M
-6.75%
YTD
-2.67%
6M
-0.21%
1Y
13.32%
3Y*
9.96%
5Y*
4.97%
10Y*
7.24%

PMAIX

1D
0.15%
1M
-3.62%
YTD
0.80%
6M
4.12%
1Y
16.77%
3Y*
11.84%
5Y*
7.92%
10Y*
8.45%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FSATX vs. PMAIX - Expense Ratio Comparison

FSATX has a 1.25% expense ratio, which is higher than PMAIX's 0.85% expense ratio.


Return for Risk

FSATX vs. PMAIX — Risk / Return Rank

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

FSATX
FSATX Risk / Return Rank: 6767
Overall Rank
FSATX Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
FSATX Sortino Ratio Rank: 6767
Sortino Ratio Rank
FSATX Omega Ratio Rank: 6565
Omega Ratio Rank
FSATX Calmar Ratio Rank: 6565
Calmar Ratio Rank
FSATX Martin Ratio Rank: 6969
Martin Ratio Rank

PMAIX
PMAIX Risk / Return Rank: 9393
Overall Rank
PMAIX Sharpe Ratio Rank: 9696
Sharpe Ratio Rank
PMAIX Sortino Ratio Rank: 9494
Sortino Ratio Rank
PMAIX Omega Ratio Rank: 9595
Omega Ratio Rank
PMAIX Calmar Ratio Rank: 8888
Calmar Ratio Rank
PMAIX Martin Ratio Rank: 9292
Martin Ratio Rank
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.

FSATX vs. PMAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Asset Manager 60% Fund Class M (FSATX) and Pioneer Multi-Asset Income Fund A (PMAIX). 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.


FSATXPMAIXDifference

Sharpe ratio

Return per unit of total volatility

1.20

2.39

-1.19

Sortino ratio

Return per unit of downside risk

1.71

3.02

-1.32

Omega ratio

Gain probability vs. loss probability

1.25

1.51

-0.26

Calmar ratio

Return relative to maximum drawdown

1.52

2.32

-0.80

Martin ratio

Return relative to average drawdown

6.57

10.88

-4.31

FSATX vs. PMAIX - Sharpe Ratio Comparison

The current FSATX Sharpe Ratio is 1.20, which is lower than the PMAIX Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of FSATX and PMAIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FSATXPMAIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.20

2.39

-1.19

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.47

1.11

-0.64

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.67

1.12

-0.45

Sharpe Ratio (All Time)

Calculated using the full available price history

0.45

1.12

-0.66

Correlation

The correlation between FSATX and PMAIX is 0.66, 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.


Dividends

FSATX vs. PMAIX - Dividend Comparison

FSATX's dividend yield for the trailing twelve months is around 5.49%, less than PMAIX's 5.82% yield.


TTM20252024202320222021202020192018201720162015
FSATX
Fidelity Advisor Asset Manager 60% Fund Class M
5.49%5.34%2.74%1.42%3.88%2.01%1.37%3.59%3.94%1.79%0.20%3.56%
PMAIX
Pioneer Multi-Asset Income Fund A
5.82%6.29%5.30%5.14%4.53%5.50%5.39%5.78%5.83%6.69%5.53%5.92%

Drawdowns

FSATX vs. PMAIX - Drawdown Comparison

The maximum FSATX drawdown since its inception was -41.95%, which is greater than PMAIX's maximum drawdown of -24.12%. Use the drawdown chart below to compare losses from any high point for FSATX and PMAIX.


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Drawdown Indicators


FSATXPMAIXDifference

Max Drawdown

Largest peak-to-trough decline

-41.95%

-24.12%

-17.83%

Max Drawdown (1Y)

Largest decline over 1 year

-7.99%

-7.06%

-0.93%

Max Drawdown (5Y)

Largest decline over 5 years

-22.75%

-13.97%

-8.78%

Max Drawdown (10Y)

Largest decline over 10 years

-24.42%

-24.12%

-0.30%

Current Drawdown

Current decline from peak

-7.18%

-3.62%

-3.56%

Average Drawdown

Average peak-to-trough decline

-5.76%

-2.68%

-3.08%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.85%

1.51%

+0.34%

Volatility

FSATX vs. PMAIX - Volatility Comparison

Fidelity Advisor Asset Manager 60% Fund Class M (FSATX) has a higher volatility of 4.07% compared to Pioneer Multi-Asset Income Fund A (PMAIX) at 2.19%. This indicates that FSATX's price experiences larger fluctuations and is considered to be riskier than PMAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FSATXPMAIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

4.07%

2.19%

+1.88%

Volatility (6M)

Calculated over the trailing 6-month period

6.82%

4.15%

+2.67%

Volatility (1Y)

Calculated over the trailing 1-year period

11.12%

7.19%

+3.93%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

10.68%

7.20%

+3.48%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

10.87%

7.58%

+3.29%