FSIAX vs. FSKAX
Compare and contrast key facts about Fidelity Advisor Strategic Income Fund Class M (FSIAX) and Fidelity Total Market Index Fund (FSKAX).
FSIAX is managed by Fidelity. It was launched on Oct 31, 1994. FSKAX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSIAX or FSKAX.
Correlation
The correlation between FSIAX and FSKAX is 0.40, 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.
Performance
FSIAX vs. FSKAX - Performance Comparison
Key characteristics
FSIAX:
1.57
FSKAX:
0.27
FSIAX:
2.36
FSKAX:
0.51
FSIAX:
1.29
FSKAX:
1.07
FSIAX:
1.04
FSKAX:
0.27
FSIAX:
6.23
FSKAX:
1.17
FSIAX:
0.98%
FSKAX:
4.42%
FSIAX:
3.86%
FSKAX:
19.36%
FSIAX:
-17.80%
FSKAX:
-35.01%
FSIAX:
-2.20%
FSKAX:
-14.46%
Returns By Period
In the year-to-date period, FSIAX achieves a -0.34% return, which is significantly higher than FSKAX's -10.49% return. Over the past 10 years, FSIAX has underperformed FSKAX with an annualized return of 2.60%, while FSKAX has yielded a comparatively higher 10.65% annualized return.
FSIAX
-0.34%
-1.17%
-0.94%
6.08%
3.01%
2.60%
FSKAX
-10.49%
-7.16%
-9.87%
6.07%
14.28%
10.65%
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FSIAX vs. FSKAX - Expense Ratio Comparison
FSIAX has a 0.96% expense ratio, which is higher than FSKAX's 0.02% expense ratio.
Risk-Adjusted Performance
FSIAX vs. FSKAX — Risk-Adjusted Performance Rank
FSIAX
FSKAX
FSIAX vs. FSKAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Strategic Income Fund Class M (FSIAX) and Fidelity Total Market Index Fund (FSKAX). 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
FSIAX vs. FSKAX - Dividend Comparison
FSIAX's dividend yield for the trailing twelve months is around 3.89%, more than FSKAX's 1.14% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSIAX Fidelity Advisor Strategic Income Fund Class M | 3.89% | 3.92% | 4.05% | 3.37% | 2.44% | 3.06% | 3.18% | 3.40% | 2.88% | 3.23% | 3.46% | 5.09% |
FSKAX Fidelity Total Market Index Fund | 1.14% | 1.19% | 1.41% | 1.62% | 1.15% | 1.45% | 1.80% | 2.06% | 1.66% | 1.82% | 1.96% | 1.63% |
Drawdowns
FSIAX vs. FSKAX - Drawdown Comparison
The maximum FSIAX drawdown since its inception was -17.80%, smaller than the maximum FSKAX drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for FSIAX and FSKAX. For additional features, visit the drawdowns tool.
Volatility
FSIAX vs. FSKAX - Volatility Comparison
The current volatility for Fidelity Advisor Strategic Income Fund Class M (FSIAX) is 1.65%, while Fidelity Total Market Index Fund (FSKAX) has a volatility of 13.73%. This indicates that FSIAX experiences smaller price fluctuations and is considered to be less risky than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.