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FSRIX vs. VFIDX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

FSRIX vs. VFIDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Strategic Income Fund Class I (FSRIX) and Vanguard Intermediate-Term Investment-Grade Fund Admiral Shares (VFIDX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FSRIX achieves a 1.74% return, which is significantly higher than VFIDX's -0.87% return. Over the past 10 years, FSRIX has outperformed VFIDX with an annualized return of 3.98%, while VFIDX has yielded a comparatively lower 2.48% annualized return.


FSRIX

1D
0.33%
1M
-1.23%
6M
1.08%
YTD
1.74%
1Y
5.46%
3Y*
7.06%
5Y*
2.64%
10Y*
3.98%
ALL TIME*
2.13%

VFIDX

1D
0.12%
1M
-1.37%
6M
-0.95%
YTD
-0.87%
1Y
2.14%
3Y*
5.55%
5Y*
0.70%
10Y*
2.48%
ALL TIME*
4.32%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$0.00$0.00$0.00
$0.00$0.00$0.00

FSRIX vs. VFIDX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FSRIX
Fidelity Advisor Strategic Income Fund Class I
1.74%8.97%5.97%9.51%-11.91%3.50%7.50%11.01%-2.70%8.08%
VFIDX
Vanguard Intermediate-Term Investment-Grade Fund Admiral Shares
-0.87%9.67%3.29%8.63%-13.77%-1.51%10.44%10.50%-0.44%4.28%

Correlation

The correlation between FSRIX and VFIDX is 0.72, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.


Correlation
Correlation (1Y)
Focuses on recent behavior, but can change the most.

0.72

Correlation (3Y)
Balances recent behavior with more history.

0.80

Correlation (5Y)
Shows whether the relationship held over a longer period.

0.83

Correlation (10Y)
Provides a long-term view across more market conditions.

0.70

Correlation (All Time)
Calculated using the full available price history since Feb 12, 2001

0.57

The correlation between FSRIX and VFIDX shifts across timeframes, from 0.57 (all time) to 0.83 (5 years), reflecting how their relationship changes across market environments.

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Return for Risk

FSRIX vs. VFIDX — Risk / Return Rank

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

FSRIX
FSRIX Risk / Return Rank: 6969
Overall Rank
FSRIX Sharpe Ratio Rank: 6767
Sharpe Ratio Rank
FSRIX Sortino Ratio Rank: 6767
Sortino Ratio Rank
FSRIX Omega Ratio Rank: 7070
Omega Ratio Rank
FSRIX Calmar Ratio Rank: 6868
Calmar Ratio Rank
FSRIX Martin Ratio Rank: 7070
Martin Ratio Rank

VFIDX
VFIDX Risk / Return Rank: 2323
Overall Rank
VFIDX Sharpe Ratio Rank: 2424
Sharpe Ratio Rank
VFIDX Sortino Ratio Rank: 2424
Sortino Ratio Rank
VFIDX Omega Ratio Rank: 2323
Omega Ratio Rank
VFIDX Calmar Ratio Rank: 2323
Calmar Ratio Rank
VFIDX Martin Ratio Rank: 2222
Martin Ratio Rank
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.

FSRIX vs. VFIDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Strategic Income Fund Class I (FSRIX) and Vanguard Intermediate-Term Investment-Grade Fund Admiral Shares (VFIDX). 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.


FSRIXVFIDXDifference
Sharpe ratioReturn per unit of total volatility

+0.73

Sortino ratioReturn per unit of downside risk

+1.05

Omega ratioGain probability vs. loss probability

1.30

1.15

+0.15

Calmar ratioReturn relative to maximum drawdown

2.20

1.02

+1.18

Martin ratioReturn relative to average drawdown

8.52

2.96

+5.57

FSRIX vs. VFIDX - Sharpe Ratio Comparison

The current FSRIX Sharpe Ratio is 1.55, which is higher than the VFIDX Sharpe Ratio of 0.82. The chart below compares the historical Sharpe Ratios of FSRIX and VFIDX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Drawdowns

FSRIX vs. VFIDX - Drawdown Comparison

The maximum FSRIX drawdown since its inception was -22.98%, which is greater than VFIDX's maximum drawdown of -20.14%. Use the drawdown chart below to compare losses from any high point for FSRIX and VFIDX.


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Drawdown Indicators


FSRIXVFIDXDifference

Max Drawdown

Largest peak-to-trough decline

-22.98%

-20.14%

-2.84%

Max Drawdown (1Y)

Largest decline over 1 year

-2.70%

-3.34%

+0.64%

Max Drawdown (3Y)

Largest decline over 3 years

-3.64%

-5.40%

+1.76%

Max Drawdown (5Y)

Largest decline over 5 years

-15.99%

-20.14%

+4.15%

Max Drawdown (10Y)

Largest decline over 10 years

-15.99%

-20.14%

+4.15%

Current Drawdown

Current decline from peak

-1.71%

-2.34%

+0.63%

Average Drawdown

Average peak-to-trough decline

-4.67%

-2.60%

-2.07%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.69%

1.15%

-0.46%

Volatility

FSRIX vs. VFIDX - Volatility Comparison

Fidelity Advisor Strategic Income Fund Class I (FSRIX) and Vanguard Intermediate-Term Investment-Grade Fund Admiral Shares (VFIDX) have volatilities of 1.04% and 1.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FSRIXVFIDXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.04%

1.01%

+0.03%

Volatility (6M)

Calculated over the trailing 6-month period

3.30%

3.34%

-0.04%

Volatility (1Y)

Calculated over the trailing 1-year period

3.83%

4.15%

-0.32%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.58%

6.40%

-1.82%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.46%

5.20%

-0.74%

FSRIX vs. VFIDX - Expense Ratio Comparison

FSRIX has a 0.71% expense ratio, which is higher than VFIDX's 0.09% expense ratio.


Dividends

FSRIX vs. VFIDX - Dividend Comparison

FSRIX's dividend yield for the trailing twelve months is around 4.00%, less than VFIDX's 4.76% yield.


PositionTTM20252024202320222021202020192018201720162015
FSRIX
Fidelity Advisor Strategic Income Fund Class I
4.00%4.29%4.11%4.28%2.91%4.18%4.53%4.30%3.74%4.17%3.75%3.09%
VFIDX
Vanguard Intermediate-Term Investment-Grade Fund Admiral Shares
4.76%4.91%4.65%3.90%3.20%3.61%5.80%3.13%3.32%3.06%3.94%3.64%

Frequently Asked Questions


FSRIX and VFIDX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FSRIX has higher volatility (1.04%) compared to VFIDX (1.01%). In terms of maximum drawdown, FSRIX dropped -22.98% vs VFIDX's -20.14%.

FSRIX currently has the higher Sharpe Ratio (1.55 vs 0.82), 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.

Portfolio Optimizer

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