FSHGX vs. FSHNX
Compare and contrast key facts about Fidelity SAI High Income Fund (FSHGX) and Fidelity Series High Income Fund (FSHNX).
FSHGX is managed by Fidelity. It was launched on May 20, 2021. FSHNX is managed by Fidelity. It was launched on Mar 10, 2011.
Performance
FSHGX vs. FSHNX - Performance Comparison
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FSHGX vs. FSHNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
FSHGX Fidelity SAI High Income Fund | -0.69% | 10.26% | 9.79% | 10.82% | -12.03% | 2.72% |
FSHNX Fidelity Series High Income Fund | -0.85% | 11.17% | 8.75% | 11.25% | -11.52% | 5.17% |
Returns By Period
In the year-to-date period, FSHGX achieves a -0.69% return, which is significantly higher than FSHNX's -0.85% return.
FSHGX
- 1D
- 0.00%
- 1M
- -2.31%
- YTD
- -0.69%
- 6M
- 0.79%
- 1Y
- 8.50%
- 3Y*
- 9.00%
- 5Y*
- —
- 10Y*
- —
FSHNX
- 1D
- 0.00%
- 1M
- -2.13%
- YTD
- -0.85%
- 6M
- 1.07%
- 1Y
- 9.23%
- 3Y*
- 9.00%
- 5Y*
- 4.58%
- 10Y*
- 6.22%
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FSHGX vs. FSHNX - Expense Ratio Comparison
FSHGX has a 0.60% expense ratio, which is higher than FSHNX's 0.00% expense ratio.
Return for Risk
FSHGX vs. FSHNX — Risk / Return Rank
FSHGX
FSHNX
FSHGX vs. FSHNX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity SAI High Income Fund (FSHGX) and Fidelity Series High Income Fund (FSHNX). 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.
| FSHGX | FSHNX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.24 | 2.40 | -0.16 |
Sortino ratioReturn per unit of downside risk | 3.21 | 3.54 | -0.33 |
Omega ratioGain probability vs. loss probability | 1.53 | 1.59 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 2.67 | 2.82 | -0.15 |
Martin ratioReturn relative to average drawdown | 11.44 | 13.13 | -1.70 |
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
| FSHGX | FSHNX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.24 | 2.40 | -0.16 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.88 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.07 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 0.96 | -0.22 |
Correlation
The correlation between FSHGX and FSHNX is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
FSHGX vs. FSHNX - Dividend Comparison
FSHGX's dividend yield for the trailing twelve months is around 5.92%, less than FSHNX's 6.57% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSHGX Fidelity SAI High Income Fund | 5.92% | 6.34% | 6.15% | 5.47% | 3.99% | 2.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FSHNX Fidelity Series High Income Fund | 6.57% | 7.04% | 5.97% | 6.21% | 4.90% | 5.01% | 5.57% | 6.35% | 6.95% | 6.03% | 6.24% | 5.79% |
Drawdowns
FSHGX vs. FSHNX - Drawdown Comparison
The maximum FSHGX drawdown since its inception was -15.77%, smaller than the maximum FSHNX drawdown of -21.98%. Use the drawdown chart below to compare losses from any high point for FSHGX and FSHNX.
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Drawdown Indicators
| FSHGX | FSHNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.77% | -21.98% | +6.21% |
Max Drawdown (1Y)Largest decline over 1 year | -3.17% | -3.26% | +0.09% |
Max Drawdown (5Y)Largest decline over 5 years | — | -15.32% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.98% | — |
Current DrawdownCurrent decline from peak | -2.31% | -2.13% | -0.18% |
Average DrawdownAverage peak-to-trough decline | -3.96% | -2.44% | -1.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.74% | 0.70% | +0.04% |
Volatility
FSHGX vs. FSHNX - Volatility Comparison
Fidelity SAI High Income Fund (FSHGX) and Fidelity Series High Income Fund (FSHNX) have volatilities of 1.29% and 1.23%, 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.
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Volatility by Period
| FSHGX | FSHNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.29% | 1.23% | +0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 2.30% | 2.26% | +0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.96% | 4.02% | -0.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.26% | 5.27% | -0.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.26% | 5.83% | -0.57% |