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FSIAX vs. FSPGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FSIAX vs. FSPGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Strategic Income Fund Class M (FSIAX) and Fidelity Large Cap Growth Index Fund (FSPGX). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
4.73%
14.25%
FSIAX
FSPGX

Returns By Period

In the year-to-date period, FSIAX achieves a 6.48% return, which is significantly lower than FSPGX's 30.71% return.


FSIAX

YTD

6.48%

1M

0.59%

6M

4.73%

1Y

11.18%

5Y (annualized)

2.18%

10Y (annualized)

2.83%

FSPGX

YTD

30.71%

1M

4.10%

6M

14.25%

1Y

36.35%

5Y (annualized)

19.58%

10Y (annualized)

N/A

Key characteristics


FSIAXFSPGX
Sharpe Ratio2.642.16
Sortino Ratio4.142.82
Omega Ratio1.541.40
Calmar Ratio1.192.77
Martin Ratio15.2110.84
Ulcer Index0.67%3.35%
Daily Std Dev3.87%16.80%
Max Drawdown-17.80%-32.66%
Current Drawdown-0.79%-1.13%

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FSIAX vs. FSPGX - Expense Ratio Comparison

FSIAX has a 0.96% expense ratio, which is higher than FSPGX's 0.04% expense ratio.


FSIAX
Fidelity Advisor Strategic Income Fund Class M
Expense ratio chart for FSIAX: current value at 0.96% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.96%
Expense ratio chart for FSPGX: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Correlation

-0.50.00.51.00.4

The correlation between FSIAX and FSPGX is 0.43, 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.

Risk-Adjusted Performance

FSIAX vs. FSPGX - 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 Large Cap Growth Index Fund (FSPGX). 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.


Sharpe ratio
The chart of Sharpe ratio for FSIAX, currently valued at 2.64, compared to the broader market-1.000.001.002.003.004.005.002.642.18
The chart of Sortino ratio for FSIAX, currently valued at 4.14, compared to the broader market0.005.0010.004.142.83
The chart of Omega ratio for FSIAX, currently valued at 1.54, compared to the broader market1.002.003.004.001.541.40
The chart of Calmar ratio for FSIAX, currently valued at 1.19, compared to the broader market0.005.0010.0015.0020.001.192.78
The chart of Martin ratio for FSIAX, currently valued at 15.21, compared to the broader market0.0020.0040.0060.0080.00100.0015.2110.86
FSIAX
FSPGX

The current FSIAX Sharpe Ratio is 2.64, which is comparable to the FSPGX Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of FSIAX and FSPGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.502.002.503.003.504.00JuneJulyAugustSeptemberOctoberNovember
2.64
2.18
FSIAX
FSPGX

Dividends

FSIAX vs. FSPGX - Dividend Comparison

FSIAX's dividend yield for the trailing twelve months is around 4.05%, more than FSPGX's 0.43% yield.


TTM20232022202120202019201820172016201520142013
FSIAX
Fidelity Advisor Strategic Income Fund Class M
4.05%4.05%3.37%2.44%3.06%3.18%3.39%2.88%3.23%3.46%5.08%4.94%
FSPGX
Fidelity Large Cap Growth Index Fund
0.43%0.73%0.86%0.54%0.74%0.99%1.14%0.99%0.30%0.00%0.00%0.00%

Drawdowns

FSIAX vs. FSPGX - Drawdown Comparison

The maximum FSIAX drawdown since its inception was -17.80%, smaller than the maximum FSPGX drawdown of -32.66%. Use the drawdown chart below to compare losses from any high point for FSIAX and FSPGX. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.79%
-1.13%
FSIAX
FSPGX

Volatility

FSIAX vs. FSPGX - Volatility Comparison

The current volatility for Fidelity Advisor Strategic Income Fund Class M (FSIAX) is 0.78%, while Fidelity Large Cap Growth Index Fund (FSPGX) has a volatility of 5.29%. This indicates that FSIAX experiences smaller price fluctuations and is considered to be less risky than FSPGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
0.78%
5.29%
FSIAX
FSPGX