FSIGX vs. PHIYX
Compare and contrast key facts about Fidelity Series Investment Grade Bond Fund (FSIGX) and PIMCO High Yield Fund (PHIYX).
FSIGX is managed by Fidelity. PHIYX is managed by PIMCO. It was launched on Dec 15, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSIGX or PHIYX.
Correlation
The correlation between FSIGX and PHIYX is 0.24, 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
FSIGX vs. PHIYX - Performance Comparison
Key characteristics
FSIGX:
0.51
PHIYX:
2.11
FSIGX:
0.76
PHIYX:
3.27
FSIGX:
1.09
PHIYX:
1.45
FSIGX:
0.23
PHIYX:
3.08
FSIGX:
1.37
PHIYX:
12.21
FSIGX:
2.13%
PHIYX:
0.59%
FSIGX:
5.73%
PHIYX:
3.42%
FSIGX:
-19.36%
PHIYX:
-32.73%
FSIGX:
-8.37%
PHIYX:
-0.55%
Returns By Period
In the year-to-date period, FSIGX achieves a -0.40% return, which is significantly lower than PHIYX's 0.12% return. Over the past 10 years, FSIGX has underperformed PHIYX with an annualized return of 1.47%, while PHIYX has yielded a comparatively higher 4.17% annualized return.
FSIGX
-0.40%
-1.40%
-0.05%
2.40%
-0.17%
1.47%
PHIYX
0.12%
-0.18%
3.35%
7.76%
2.93%
4.17%
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FSIGX vs. PHIYX - Expense Ratio Comparison
Risk-Adjusted Performance
FSIGX vs. PHIYX — Risk-Adjusted Performance Rank
FSIGX
PHIYX
FSIGX vs. PHIYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Investment Grade Bond Fund (FSIGX) and PIMCO High Yield Fund (PHIYX). 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
FSIGX vs. PHIYX - Dividend Comparison
FSIGX's dividend yield for the trailing twelve months is around 4.03%, less than PHIYX's 6.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSIGX Fidelity Series Investment Grade Bond Fund | 4.03% | 4.02% | 4.00% | 3.16% | 2.17% | 2.58% | 3.09% | 3.20% | 2.52% | 2.78% | 3.50% | 2.68% |
PHIYX PIMCO High Yield Fund | 6.18% | 6.18% | 5.62% | 5.42% | 4.53% | 4.56% | 5.04% | 5.63% | 5.12% | 5.38% | 6.16% | 6.58% |
Drawdowns
FSIGX vs. PHIYX - Drawdown Comparison
The maximum FSIGX drawdown since its inception was -19.36%, smaller than the maximum PHIYX drawdown of -32.73%. Use the drawdown chart below to compare losses from any high point for FSIGX and PHIYX. For additional features, visit the drawdowns tool.
Volatility
FSIGX vs. PHIYX - Volatility Comparison
Fidelity Series Investment Grade Bond Fund (FSIGX) has a higher volatility of 1.57% compared to PIMCO High Yield Fund (PHIYX) at 1.22%. This indicates that FSIGX's price experiences larger fluctuations and is considered to be riskier than PHIYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.