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FSIAX vs. VONG
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FSIAX vs. VONG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Strategic Income Fund Class M (FSIAX) and Vanguard Russell 1000 Growth ETF (VONG). The values are adjusted to include any dividend payments, if applicable.

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FSIAX vs. VONG - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FSIAX
Fidelity Advisor Strategic Income Fund Class M
-0.88%8.59%5.03%8.83%-12.06%3.22%7.30%10.76%-2.93%7.54%
VONG
Vanguard Russell 1000 Growth ETF
-9.79%18.45%33.20%42.67%-29.18%27.60%38.30%36.06%-1.53%30.05%

Returns By Period

In the year-to-date period, FSIAX achieves a -0.88% return, which is significantly higher than VONG's -9.79% return. Over the past 10 years, FSIAX has underperformed VONG with an annualized return of 3.85%, while VONG has yielded a comparatively higher 16.65% annualized return.


FSIAX

1D
0.00%
1M
-2.66%
YTD
-0.88%
6M
0.34%
1Y
6.86%
3Y*
6.07%
5Y*
2.33%
10Y*
3.85%

VONG

1D
3.76%
1M
-5.21%
YTD
-9.79%
6M
-8.75%
1Y
18.79%
3Y*
21.10%
5Y*
12.35%
10Y*
16.65%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FSIAX vs. VONG - Expense Ratio Comparison

FSIAX has a 0.96% expense ratio, which is higher than VONG's 0.06% expense ratio.


Return for Risk

FSIAX vs. VONG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSIAX
FSIAX Risk / Return Rank: 9292
Overall Rank
FSIAX Sharpe Ratio Rank: 9393
Sharpe Ratio Rank
FSIAX Sortino Ratio Rank: 9393
Sortino Ratio Rank
FSIAX Omega Ratio Rank: 9090
Omega Ratio Rank
FSIAX Calmar Ratio Rank: 9292
Calmar Ratio Rank
FSIAX Martin Ratio Rank: 9191
Martin Ratio Rank

VONG
VONG Risk / Return Rank: 5151
Overall Rank
VONG Sharpe Ratio Rank: 5151
Sharpe Ratio Rank
VONG Sortino Ratio Rank: 5656
Sortino Ratio Rank
VONG Omega Ratio Rank: 5454
Omega Ratio Rank
VONG Calmar Ratio Rank: 5151
Calmar Ratio Rank
VONG Martin Ratio Rank: 4545
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FSIAX vs. VONG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Strategic Income Fund Class M (FSIAX) and Vanguard Russell 1000 Growth ETF (VONG). 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.


FSIAXVONGDifference

Sharpe ratio

Return per unit of total volatility

2.04

0.84

+1.20

Sortino ratio

Return per unit of downside risk

2.83

1.36

+1.47

Omega ratio

Gain probability vs. loss probability

1.41

1.19

+0.22

Calmar ratio

Return relative to maximum drawdown

2.71

1.16

+1.55

Martin ratio

Return relative to average drawdown

10.68

4.00

+6.67

FSIAX vs. VONG - Sharpe Ratio Comparison

The current FSIAX Sharpe Ratio is 2.04, which is higher than the VONG Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of FSIAX and VONG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FSIAXVONGDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.04

0.84

+1.20

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.53

0.58

-0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.87

0.80

+0.07

Sharpe Ratio (All Time)

Calculated using the full available price history

1.53

0.84

+0.69

Correlation

The correlation between FSIAX and VONG 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.


Dividends

FSIAX vs. VONG - Dividend Comparison

FSIAX's dividend yield for the trailing twelve months is around 3.80%, more than VONG's 0.51% yield.


TTM20252024202320222021202020192018201720162015
FSIAX
Fidelity Advisor Strategic Income Fund Class M
3.80%4.06%3.21%3.71%2.71%4.01%4.32%4.07%3.51%3.70%3.49%3.18%
VONG
Vanguard Russell 1000 Growth ETF
0.51%0.45%0.55%0.71%0.98%0.58%0.77%1.03%1.18%1.19%1.48%1.47%

Drawdowns

FSIAX vs. VONG - Drawdown Comparison

The maximum FSIAX drawdown since its inception was -17.81%, smaller than the maximum VONG drawdown of -32.72%. Use the drawdown chart below to compare losses from any high point for FSIAX and VONG.


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Drawdown Indicators


FSIAXVONGDifference

Max Drawdown

Largest peak-to-trough decline

-17.81%

-32.72%

+14.91%

Max Drawdown (1Y)

Largest decline over 1 year

-2.66%

-16.23%

+13.57%

Max Drawdown (5Y)

Largest decline over 5 years

-16.19%

-32.72%

+16.53%

Max Drawdown (10Y)

Largest decline over 10 years

-16.19%

-32.72%

+16.53%

Current Drawdown

Current decline from peak

-2.66%

-13.09%

+10.43%

Average Drawdown

Average peak-to-trough decline

-1.84%

-4.90%

+3.06%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.67%

4.72%

-4.05%

Volatility

FSIAX vs. VONG - Volatility Comparison

The current volatility for Fidelity Advisor Strategic Income Fund Class M (FSIAX) is 1.52%, while Vanguard Russell 1000 Growth ETF (VONG) has a volatility of 6.72%. This indicates that FSIAX experiences smaller price fluctuations and is considered to be less risky than VONG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FSIAXVONGDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.52%

6.72%

-5.20%

Volatility (6M)

Calculated over the trailing 6-month period

2.30%

12.34%

-10.04%

Volatility (1Y)

Calculated over the trailing 1-year period

3.55%

22.40%

-18.85%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.42%

21.35%

-16.93%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.42%

20.82%

-16.40%