FSIAX vs. FZROX
Compare and contrast key facts about Fidelity Advisor Strategic Income Fund Class M (FSIAX) and Fidelity ZERO Total Market Index Fund (FZROX).
FSIAX is managed by Fidelity. It was launched on Oct 31, 1994. FZROX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSIAX or FZROX.
Key characteristics
| FSIAX | FZROX | |
|---|---|---|
| YTD Return | 6.58% | 25.87% |
| 1Y Return | 12.42% | 38.79% |
| 3Y Return (Ann) | 0.28% | 8.71% |
| 5Y Return (Ann) | 2.23% | 15.39% |
| Sharpe Ratio | 3.21 | 3.04 |
| Sortino Ratio | 5.20 | 4.06 |
| Omega Ratio | 1.69 | 1.57 |
| Calmar Ratio | 1.27 | 4.38 |
| Martin Ratio | 20.06 | 19.82 |
| Ulcer Index | 0.64% | 1.96% |
| Daily Std Dev | 4.01% | 12.76% |
| Max Drawdown | -17.80% | -34.96% |
| Current Drawdown | -0.71% | 0.00% |
Correlation
The correlation between FSIAX and FZROX is 0.48, 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.
Performance
FSIAX vs. FZROX - Performance Comparison
In the year-to-date period, FSIAX achieves a 6.58% return, which is significantly lower than FZROX's 25.87% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FSIAX vs. FZROX - Expense Ratio Comparison
FSIAX has a 0.96% expense ratio, which is higher than FZROX's 0.00% expense ratio.
Risk-Adjusted Performance
FSIAX vs. FZROX - 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 ZERO Total Market Index Fund (FZROX). 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. FZROX - Dividend Comparison
FSIAX's dividend yield for the trailing twelve months is around 4.05%, more than FZROX's 1.08% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
FZROX Fidelity ZERO Total Market Index Fund | 1.08% | 1.36% | 1.57% | 1.08% | 1.27% | 1.45% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FSIAX vs. FZROX - Drawdown Comparison
The maximum FSIAX drawdown since its inception was -17.80%, smaller than the maximum FZROX drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FSIAX and FZROX. For additional features, visit the drawdowns tool.
Volatility
FSIAX vs. FZROX - Volatility Comparison
The current volatility for Fidelity Advisor Strategic Income Fund Class M (FSIAX) is 0.88%, while Fidelity ZERO Total Market Index Fund (FZROX) has a volatility of 4.07%. This indicates that FSIAX experiences smaller price fluctuations and is considered to be less risky than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.