FSIDX vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Advisor Strategic Dividend & Income Fund Class I (FSIDX) and S&P 500 Index (^GSPC).

FSIDX is managed by Fidelity. It was launched on Dec 23, 2003.

Performance

FSIDX vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Strategic Dividend & Income Fund Class I (FSIDX) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

FSIDX vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSIDX Fidelity Advisor Strategic Dividend & Income Fund Class I	4.85%	12.99%	11.46%	9.45%	-9.90%	18.98%	11.25%	22.47%	-4.43%	11.26%
^GSPC S&P 500 Index	-3.95%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	28.88%	-6.24%	19.42%

Returns By Period

In the year-to-date period, FSIDX achieves a 4.85% return, which is significantly higher than ^GSPC's -3.95% return. Over the past 10 years, FSIDX has underperformed ^GSPC with an annualized return of 9.35%, while ^GSPC has yielded a comparatively higher 12.24% annualized return.

FSIDX

• 1D: 1.49%
• 1M: -4.37%
• YTD: 4.85%
• 6M: 6.53%
• 1Y: 16.66%
• 3Y*: 12.24%
• 5Y*: 7.85%
• 10Y*: 9.35%

^GSPC

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: 12.24%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

FSIDX vs. ^GSPC — Risk / Return Rank

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

FSIDX

FSIDX Risk / Return Rank: 78
FSIDX Sharpe Ratio Rank: 76
FSIDX Sortino Ratio Rank: 77
FSIDX Omega Ratio Rank: 77
FSIDX Calmar Ratio Rank: 74
FSIDX Martin Ratio Rank: 84

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

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.

FSIDX vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Strategic Dividend & Income Fund Class I (FSIDX) and S&P 500 Index (^GSPC). 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.

	FSIDX	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.43	0.92	+0.51
Sortino ratio Return per unit of downside risk	1.99	1.41	+0.57
Omega ratio Gain probability vs. loss probability	1.31	1.21	+0.09
Calmar ratio Return relative to maximum drawdown	1.82	1.41	+0.41
Martin ratio Return relative to average drawdown	8.93	6.61	+2.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FSIDX vs. ^GSPC - Sharpe Ratio Comparison

The current FSIDX Sharpe Ratio is 1.43, which is higher than the ^GSPC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of FSIDX and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FSIDX	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.43	0.92	+0.51
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.72	0.61	+0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.76	0.68	+0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.46	+0.07

Correlation

The correlation between FSIDX and ^GSPC is 0.91, 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.

Drawdowns

FSIDX vs. ^GSPC - Drawdown Comparison

The maximum FSIDX drawdown since its inception was -58.94%, roughly equal to the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for FSIDX and ^GSPC.

Drawdown Indicators

	FSIDX	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-58.94%	-56.78%	-2.16%
Max Drawdown (1Y) Largest decline over 1 year	-9.55%	-12.14%	+2.59%
Max Drawdown (5Y) Largest decline over 5 years	-17.10%	-25.43%	+8.33%
Max Drawdown (10Y) Largest decline over 10 years	-30.01%	-33.92%	+3.91%
Current Drawdown Current decline from peak	-4.37%	-5.78%	+1.41%
Average Drawdown Average peak-to-trough decline	-6.38%	-10.75%	+4.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.95%	2.60%	-0.65%

Volatility

FSIDX vs. ^GSPC - Volatility Comparison

The current volatility for Fidelity Advisor Strategic Dividend & Income Fund Class I (FSIDX) is 3.80%, while S&P 500 Index (^GSPC) has a volatility of 5.37%. This indicates that FSIDX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSIDX	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.80%	5.37%	-1.57%
Volatility (6M) Calculated over the trailing 6-month period	6.46%	9.55%	-3.09%
Volatility (1Y) Calculated over the trailing 1-year period	11.82%	18.33%	-6.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.96%	16.90%	-5.94%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.40%	18.05%	-5.65%