FSRIX vs. FSCSX
Compare and contrast key facts about Fidelity Advisor Strategic Income Fund Class I (FSRIX) and Fidelity Select Software & IT Services Portfolio (FSCSX).
FSRIX is managed by Fidelity. It was launched on Jul 3, 1995. FSCSX is managed by Fidelity. It was launched on Jul 29, 1985.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSRIX or FSCSX.
Key characteristics
| FSRIX | FSCSX | |
|---|---|---|
| YTD Return | 6.50% | 9.04% |
| 1Y Return | 11.96% | 11.58% |
| 3Y Return (Ann) | 0.62% | -2.92% |
| 5Y Return (Ann) | 2.38% | 9.14% |
| 10Y Return (Ann) | 3.13% | 10.70% |
| Sharpe Ratio | 2.96 | 0.62 |
| Sortino Ratio | 4.68 | 0.88 |
| Omega Ratio | 1.61 | 1.13 |
| Calmar Ratio | 1.24 | 0.46 |
| Martin Ratio | 17.48 | 1.40 |
| Ulcer Index | 0.65% | 8.28% |
| Daily Std Dev | 3.82% | 18.74% |
| Max Drawdown | -17.71% | -58.42% |
| Current Drawdown | -1.01% | -9.37% |
Correlation
The correlation between FSRIX and FSCSX is 0.23, 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
FSRIX vs. FSCSX - Performance Comparison
In the year-to-date period, FSRIX achieves a 6.50% return, which is significantly lower than FSCSX's 9.04% return. Over the past 10 years, FSRIX has underperformed FSCSX with an annualized return of 3.13%, while FSCSX has yielded a comparatively higher 10.70% annualized 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. FSCSX - Expense Ratio Comparison
FSRIX has a 0.71% expense ratio, which is higher than FSCSX's 0.67% expense ratio.
Risk-Adjusted Performance
FSRIX vs. FSCSX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Strategic Income Fund Class I (FSRIX) and Fidelity Select Software & IT Services Portfolio (FSCSX). 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. FSCSX - Dividend Comparison
FSRIX's dividend yield for the trailing twelve months is around 4.29%, while FSCSX has not paid dividends to shareholders.
| 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% |
FSCSX Fidelity Select Software & IT Services Portfolio | 0.00% | 0.00% | 0.00% | 0.00% | 0.55% | 0.23% | 0.04% | 0.00% | 0.03% | 2.35% | 10.43% | 4.72% |
Drawdowns
FSRIX vs. FSCSX - Drawdown Comparison
The maximum FSRIX drawdown since its inception was -17.71%, smaller than the maximum FSCSX drawdown of -58.42%. Use the drawdown chart below to compare losses from any high point for FSRIX and FSCSX. For additional features, visit the drawdowns tool.
Volatility
FSRIX vs. FSCSX - Volatility Comparison
The current volatility for Fidelity Advisor Strategic Income Fund Class I (FSRIX) is 0.94%, while Fidelity Select Software & IT Services Portfolio (FSCSX) has a volatility of 5.23%. This indicates that FSRIX experiences smaller price fluctuations and is considered to be less risky than FSCSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.