FSBHX vs. FBNAX
Compare and contrast key facts about Fidelity Advisor Short Duration High Income Fund Class A (FSBHX) and Fidelity Advisor Short-Term Bond Fund Class A (FBNAX).
FSBHX is managed by Fidelity. It was launched on Nov 5, 2013. FBNAX is managed by Fidelity. It was launched on Jul 12, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSBHX or FBNAX.
Correlation
The correlation between FSBHX and FBNAX is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
FSBHX vs. FBNAX - Performance Comparison
Key characteristics
FSBHX:
2.13
FBNAX:
2.65
FSBHX:
3.08
FBNAX:
4.64
FSBHX:
1.56
FBNAX:
1.61
FSBHX:
1.94
FBNAX:
5.74
FSBHX:
8.75
FBNAX:
15.03
FSBHX:
0.74%
FBNAX:
0.37%
FSBHX:
3.00%
FBNAX:
2.12%
FSBHX:
-16.79%
FBNAX:
-6.86%
FSBHX:
-0.74%
FBNAX:
-0.47%
Returns By Period
In the year-to-date period, FSBHX achieves a 0.69% return, which is significantly lower than FBNAX's 1.69% return.
FSBHX
0.69%
2.55%
1.39%
6.43%
4.60%
3.30%
FBNAX
1.69%
0.21%
2.25%
5.64%
1.50%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FSBHX vs. FBNAX - Expense Ratio Comparison
FSBHX has a 1.00% expense ratio, which is higher than FBNAX's 0.65% expense ratio.
Risk-Adjusted Performance
FSBHX vs. FBNAX — Risk-Adjusted Performance Rank
FSBHX
FBNAX
FSBHX vs. FBNAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Short Duration High Income Fund Class A (FSBHX) and Fidelity Advisor Short-Term Bond Fund Class A (FBNAX). 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.
Dividends
FSBHX vs. FBNAX - Dividend Comparison
FSBHX's dividend yield for the trailing twelve months is around 6.30%, more than FBNAX's 3.93% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSBHX Fidelity Advisor Short Duration High Income Fund Class A | 6.30% | 6.25% | 5.70% | 4.10% | 3.14% | 3.23% | 3.97% | 4.25% | 3.84% | 4.07% | 4.56% | 3.35% |
FBNAX Fidelity Advisor Short-Term Bond Fund Class A | 3.93% | 3.80% | 2.80% | 0.88% | 1.03% | 2.53% | 1.93% | 1.57% | 1.07% | 0.45% | 0.00% | 0.00% |
Drawdowns
FSBHX vs. FBNAX - Drawdown Comparison
The maximum FSBHX drawdown since its inception was -16.79%, which is greater than FBNAX's maximum drawdown of -6.86%. Use the drawdown chart below to compare losses from any high point for FSBHX and FBNAX. For additional features, visit the drawdowns tool.
Volatility
FSBHX vs. FBNAX - Volatility Comparison
Fidelity Advisor Short Duration High Income Fund Class A (FSBHX) has a higher volatility of 1.07% compared to Fidelity Advisor Short-Term Bond Fund Class A (FBNAX) at 0.73%. This indicates that FSBHX's price experiences larger fluctuations and is considered to be riskier than FBNAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.