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FSRIX vs. FUTBX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FSRIX and FUTBX is -0.13. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

FSRIX vs. FUTBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Strategic Income Fund Class I (FSRIX) and Fidelity SAI U.S. Treasury Bond Index Fund (FUTBX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FSRIX:

1.65

FUTBX:

0.80

Sortino Ratio

FSRIX:

2.24

FUTBX:

1.04

Omega Ratio

FSRIX:

1.28

FUTBX:

1.12

Calmar Ratio

FSRIX:

1.55

FUTBX:

0.20

Martin Ratio

FSRIX:

5.77

FUTBX:

1.55

Ulcer Index

FSRIX:

1.00%

FUTBX:

2.25%

Daily Std Dev

FSRIX:

3.82%

FUTBX:

5.11%

Max Drawdown

FSRIX:

-17.71%

FUTBX:

-21.39%

Current Drawdown

FSRIX:

-0.20%

FUTBX:

-13.55%

Returns By Period

In the year-to-date period, FSRIX achieves a 1.72% return, which is significantly higher than FUTBX's 1.50% return.


FSRIX

YTD

1.72%

1M

2.16%

6M

1.62%

1Y

6.34%

5Y*

3.62%

10Y*

3.06%

FUTBX

YTD

1.50%

1M

-0.60%

6M

1.54%

1Y

4.09%

5Y*

-2.65%

10Y*

N/A

*Annualized

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FSRIX vs. FUTBX - Expense Ratio Comparison

FSRIX has a 0.71% expense ratio, which is higher than FUTBX's 0.03% expense ratio.


Risk-Adjusted Performance

FSRIX vs. FUTBX — Risk-Adjusted Performance Rank

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

FSRIX
The Risk-Adjusted Performance Rank of FSRIX is 8989
Overall Rank
The Sharpe Ratio Rank of FSRIX is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of FSRIX is 8989
Sortino Ratio Rank
The Omega Ratio Rank of FSRIX is 8888
Omega Ratio Rank
The Calmar Ratio Rank of FSRIX is 9090
Calmar Ratio Rank
The Martin Ratio Rank of FSRIX is 8888
Martin Ratio Rank

FUTBX
The Risk-Adjusted Performance Rank of FUTBX is 5454
Overall Rank
The Sharpe Ratio Rank of FUTBX is 7272
Sharpe Ratio Rank
The Sortino Ratio Rank of FUTBX is 6363
Sortino Ratio Rank
The Omega Ratio Rank of FUTBX is 5353
Omega Ratio Rank
The Calmar Ratio Rank of FUTBX is 3434
Calmar Ratio Rank
The Martin Ratio Rank of FUTBX is 4848
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FSRIX vs. FUTBX - 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 SAI U.S. Treasury Bond Index Fund (FUTBX). 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.


The current FSRIX Sharpe Ratio is 1.65, which is higher than the FUTBX Sharpe Ratio of 0.80. The chart below compares the historical Sharpe Ratios of FSRIX and FUTBX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FSRIX vs. FUTBX - Dividend Comparison

FSRIX's dividend yield for the trailing twelve months is around 4.05%, more than FUTBX's 2.88% yield.


TTM20242023202220212020201920182017201620152014
FSRIX
Fidelity Advisor Strategic Income Fund Class I
4.05%4.16%4.28%3.65%2.69%3.30%3.41%3.64%3.35%3.48%3.68%5.27%
FUTBX
Fidelity SAI U.S. Treasury Bond Index Fund
2.88%2.91%2.11%1.52%1.00%1.84%2.15%2.04%1.64%0.92%0.00%0.00%

Drawdowns

FSRIX vs. FUTBX - Drawdown Comparison

The maximum FSRIX drawdown since its inception was -17.71%, smaller than the maximum FUTBX drawdown of -21.39%. Use the drawdown chart below to compare losses from any high point for FSRIX and FUTBX. For additional features, visit the drawdowns tool.


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Volatility

FSRIX vs. FUTBX - Volatility Comparison

The current volatility for Fidelity Advisor Strategic Income Fund Class I (FSRIX) is 0.99%, while Fidelity SAI U.S. Treasury Bond Index Fund (FUTBX) has a volatility of 1.32%. This indicates that FSRIX experiences smaller price fluctuations and is considered to be less risky than FUTBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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