FSRIX vs. FIWGX
Compare and contrast key facts about Fidelity Advisor Strategic Income Fund Class I (FSRIX) and Strategic Advisers Fidelity Core Income Fund (FIWGX).
FSRIX is managed by Fidelity. It was launched on Jul 3, 1995. FIWGX is managed by Fidelity. It was launched on Oct 16, 2018.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSRIX or FIWGX.
Key characteristics
| FSRIX | FIWGX | |
|---|---|---|
| YTD Return | 6.50% | 2.50% |
| 1Y Return | 11.96% | 8.33% |
| 3Y Return (Ann) | 0.62% | -1.70% |
| 5Y Return (Ann) | 2.38% | -0.08% |
| Sharpe Ratio | 2.96 | 1.30 |
| Sortino Ratio | 4.68 | 1.93 |
| Omega Ratio | 1.61 | 1.23 |
| Calmar Ratio | 1.24 | 0.49 |
| Martin Ratio | 17.48 | 4.73 |
| Ulcer Index | 0.65% | 1.60% |
| Daily Std Dev | 3.82% | 5.87% |
| Max Drawdown | -17.71% | -20.11% |
| Current Drawdown | -1.01% | -8.92% |
Correlation
The correlation between FSRIX and FIWGX is 0.71, 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.
Performance
FSRIX vs. FIWGX - Performance Comparison
In the year-to-date period, FSRIX achieves a 6.50% return, which is significantly higher than FIWGX's 2.50% 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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FSRIX vs. FIWGX - Expense Ratio Comparison
FSRIX has a 0.71% expense ratio, which is higher than FIWGX's 0.46% expense ratio.
Risk-Adjusted Performance
FSRIX vs. FIWGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Strategic Income Fund Class I (FSRIX) and Strategic Advisers Fidelity Core Income Fund (FIWGX). 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
FSRIX vs. FIWGX - Dividend Comparison
FSRIX's dividend yield for the trailing twelve months is around 4.29%, more than FIWGX's 4.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSRIX Fidelity Advisor Strategic Income Fund Class I | 4.29% | 4.28% | 3.65% | 2.69% | 3.30% | 3.41% | 3.63% | 3.35% | 3.48% | 3.68% | 5.26% | 3.76% |
FIWGX Strategic Advisers Fidelity Core Income Fund | 4.18% | 3.80% | 3.01% | 2.02% | 2.50% | 3.01% | 0.55% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FSRIX vs. FIWGX - Drawdown Comparison
The maximum FSRIX drawdown since its inception was -17.71%, smaller than the maximum FIWGX drawdown of -20.11%. Use the drawdown chart below to compare losses from any high point for FSRIX and FIWGX. For additional features, visit the drawdowns tool.
Volatility
FSRIX vs. FIWGX - Volatility Comparison
The current volatility for Fidelity Advisor Strategic Income Fund Class I (FSRIX) is 0.94%, while Strategic Advisers Fidelity Core Income Fund (FIWGX) has a volatility of 1.77%. This indicates that FSRIX experiences smaller price fluctuations and is considered to be less risky than FIWGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.