FSNIX vs. FYMIX

Last updated Aug 1, 2026

FSNIX (Fidelity Advisor Asset Manager 60% Fund Class I) and FYMIX (Fidelity Sustainable Multi-Asset Fund) are both Diversified Portfolio funds. Over the past 3 years, FSNIX returned 12.73%/yr vs 13.83%/yr for FYMIX. Their 0.98 correlation means they have historically moved very closely together. FSNIX charges 0.75%/yr vs 0.05%/yr for FYMIX.

Performance

FSNIX vs. FYMIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Asset Manager 60% Fund Class I (FSNIX) and Fidelity Sustainable Multi-Asset Fund (FYMIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FSNIX achieves a 8.79% return, which is significantly higher than FYMIX's 8.03% return.

FSNIX

• 1D: 1.48%
• 1M: -0.75%
• 6M: 5.93%
• YTD: 8.79%
• 1Y: 17.79%
• 3Y*: 12.73%
• 5Y*: 6.46%
• 10Y*: 8.39%
• ALL TIME*: 6.52%

FYMIX

• 1D: 1.91%
• 1M: -1.01%
• 6M: 5.01%
• YTD: 8.03%
• 1Y: 18.08%
• 3Y*: 13.83%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 7.79%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FSNIX Fidelity Advisor Asset Manager 60% Fund Class I	$0.00	$0.00	$0.00
FYMIX Fidelity Sustainable Multi-Asset Fund	$0.00	$0.00	$0.00

FSNIX vs. FYMIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FSNIX Fidelity Advisor Asset Manager 60% Fund Class I	8.79%	16.52%	9.42%	14.74%	-13.68%
FYMIX Fidelity Sustainable Multi-Asset Fund	8.03%	18.95%	11.09%	16.15%	-15.71%

Correlation

The correlation between FSNIX and FYMIX is 0.98 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.98
Correlation (3Y) Balances recent behavior with more history.	0.98
Correlation (All Time) Calculated using the full available price history since Feb 10, 2022	0.98

The correlation between FSNIX and FYMIX has been stable across timeframes, ranging from 0.98 to 0.98 - a consistent structural relationship.

Return for Risk

FSNIX vs. FYMIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FSNIX

FSNIX Risk / Return Rank: 69
FSNIX Sharpe Ratio Rank: 66
FSNIX Sortino Ratio Rank: 65
FSNIX Omega Ratio Rank: 66
FSNIX Calmar Ratio Rank: 68
FSNIX Martin Ratio Rank: 77

FYMIX

FYMIX Risk / Return Rank: 58
FYMIX Sharpe Ratio Rank: 58
FYMIX Sortino Ratio Rank: 57
FYMIX Omega Ratio Rank: 58
FYMIX Calmar Ratio Rank: 55
FYMIX Martin Ratio Rank: 64

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FSNIX vs. FYMIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Asset Manager 60% Fund Class I (FSNIX) and Fidelity Sustainable Multi-Asset Fund (FYMIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FSNIX	FYMIX	Difference
Sharpe ratio: Return per unit of total volatility	1.65	1.42	+0.23
Sortino ratio: Return per unit of downside risk	2.34	2.03	+0.31
Omega ratio: Gain probability vs. loss probability	1.30	1.26	+0.04
Calmar ratio: Return relative to maximum drawdown	2.35	1.92	+0.43
Martin ratio: Return relative to average drawdown	9.82	7.94	+1.88

FSNIX vs. FYMIX - Sharpe Ratio Comparison

The current FSNIX Sharpe Ratio is 1.65, which is comparable to the FYMIX Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of FSNIX and FYMIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FSNIX vs. FYMIX - Drawdown Comparison

The maximum FSNIX drawdown since its inception was -41.49%, which is greater than FYMIX's maximum drawdown of -22.70%. Use the drawdown chart below to compare losses from any high point for FSNIX and FYMIX.

Drawdown Indicators

	FSNIX	FYMIX	Difference
Max Drawdown Largest peak-to-trough decline	-41.49%	-22.70%	-18.79%
Max Drawdown (1Y) Largest decline over 1 year	-7.15%	-8.80%	+1.65%
Max Drawdown (3Y) Largest decline over 3 years	-10.99%	-12.72%	+1.73%
Max Drawdown (5Y) Largest decline over 5 years	-22.45%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-24.40%	—	—
Current Drawdown Current decline from peak	-1.54%	-1.92%	+0.38%
Average Drawdown Average peak-to-trough decline	-5.41%	-5.49%	+0.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.71%	2.13%	-0.42%

Volatility

FSNIX vs. FYMIX - Volatility Comparison

The current volatility for Fidelity Advisor Asset Manager 60% Fund Class I (FSNIX) is 2.95%, while Fidelity Sustainable Multi-Asset Fund (FYMIX) has a volatility of 3.40%. This indicates that FSNIX experiences smaller price fluctuations and is considered to be less risky than FYMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSNIX	FYMIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.95%	3.40%	-0.45%
Volatility (6M) Calculated over the trailing 6-month period	8.68%	10.16%	-1.48%
Volatility (1Y) Calculated over the trailing 1-year period	10.21%	11.92%	-1.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.97%	12.79%	-1.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.01%	12.79%	-1.78%

FSNIX vs. FYMIX - Expense Ratio Comparison

FSNIX has a 0.75% expense ratio, which is higher than FYMIX's 0.05% expense ratio.

Dividends

FSNIX vs. FYMIX - Dividend Comparison

FSNIX's dividend yield for the trailing twelve months is around 5.30%, more than FYMIX's 3.41% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSNIX Fidelity Advisor Asset Manager 60% Fund Class I	5.30%	5.76%	3.30%	1.87%	4.38%	2.50%	1.83%	4.09%	4.39%	1.77%	0.20%	4.07%
FYMIX Fidelity Sustainable Multi-Asset Fund	3.41%	3.69%	1.84%	1.78%	1.79%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FSNIX and FYMIX in my portfolio?

With a correlation of 0.98, FSNIX and FYMIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FSNIX or FYMIX?

FYMIX has higher volatility (3.40%) compared to FSNIX (2.95%). In terms of maximum drawdown, FSNIX dropped -41.49% vs FYMIX's -22.70%.

Which has better risk-adjusted returns?

FSNIX currently has the higher Sharpe Ratio (1.65 vs 1.42), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.