FSHNX vs. VWEAX
Compare and contrast key facts about Fidelity Series High Income Fund (FSHNX) and Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX).
FSHNX is managed by Fidelity. It was launched on Mar 10, 2011. VWEAX is managed by Vanguard. It was launched on Nov 12, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSHNX or VWEAX.
Correlation
The correlation between FSHNX and VWEAX is 0.83, 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.
Performance
FSHNX vs. VWEAX - Performance Comparison
Key characteristics
FSHNX:
3.24
VWEAX:
2.67
FSHNX:
5.30
VWEAX:
4.46
FSHNX:
1.77
VWEAX:
1.66
FSHNX:
5.91
VWEAX:
4.52
FSHNX:
21.37
VWEAX:
14.86
FSHNX:
0.49%
VWEAX:
0.57%
FSHNX:
3.24%
VWEAX:
3.14%
FSHNX:
-21.98%
VWEAX:
-30.03%
FSHNX:
-0.23%
VWEAX:
-0.18%
Returns By Period
In the year-to-date period, FSHNX achieves a 1.35% return, which is significantly higher than VWEAX's 1.26% return. Over the past 10 years, FSHNX has outperformed VWEAX with an annualized return of 4.99%, while VWEAX has yielded a comparatively lower 4.52% annualized return.
FSHNX
1.35%
0.65%
4.27%
10.52%
4.33%
4.99%
VWEAX
1.26%
0.70%
2.79%
8.20%
3.63%
4.52%
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FSHNX vs. VWEAX - Expense Ratio Comparison
FSHNX has a 0.00% expense ratio, which is lower than VWEAX's 0.13% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FSHNX vs. VWEAX — Risk-Adjusted Performance Rank
FSHNX
VWEAX
FSHNX vs. VWEAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series High Income Fund (FSHNX) and Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX). 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
FSHNX vs. VWEAX - Dividend Comparison
FSHNX's dividend yield for the trailing twelve months is around 6.49%, more than VWEAX's 6.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSHNX Fidelity Series High Income Fund | 6.49% | 6.50% | 6.20% | 6.34% | 5.39% | 5.58% | 6.32% | 6.96% | 6.04% | 5.61% | 7.04% | 9.19% |
VWEAX Vanguard High-Yield Corporate Fund Admiral Shares | 6.15% | 6.18% | 5.79% | 5.20% | 4.24% | 4.72% | 5.32% | 6.10% | 5.42% | 5.49% | 5.99% | 5.71% |
Drawdowns
FSHNX vs. VWEAX - Drawdown Comparison
The maximum FSHNX drawdown since its inception was -21.98%, smaller than the maximum VWEAX drawdown of -30.03%. Use the drawdown chart below to compare losses from any high point for FSHNX and VWEAX. For additional features, visit the drawdowns tool.
Volatility
FSHNX vs. VWEAX - Volatility Comparison
Fidelity Series High Income Fund (FSHNX) and Vanguard High-Yield Corporate Fund Admiral Shares (VWEAX) have volatilities of 0.84% and 0.88%, 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.