FSRKX vs. FADMX
Compare and contrast key facts about Fidelity Strategic Real Return Fund Class K6 (FSRKX) and Fidelity Strategic Income Fund (FADMX).
FSRKX is managed by Fidelity. It was launched on Sep 7, 2005. FADMX is managed by Fidelity. It was launched on Oct 31, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSRKX or FADMX.
Correlation
The correlation between FSRKX and FADMX is 0.53, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FSRKX vs. FADMX - Performance Comparison
Key characteristics
FSRKX:
0.57
FADMX:
1.57
FSRKX:
0.76
FADMX:
2.32
FSRKX:
1.11
FADMX:
1.29
FSRKX:
0.51
FADMX:
1.02
FSRKX:
3.15
FADMX:
8.35
FSRKX:
1.02%
FADMX:
0.69%
FSRKX:
5.61%
FADMX:
3.67%
FSRKX:
-19.93%
FADMX:
-16.68%
FSRKX:
-4.57%
FADMX:
-2.11%
Returns By Period
In the year-to-date period, FSRKX achieves a 3.09% return, which is significantly lower than FADMX's 5.71% return.
FSRKX
3.09%
-3.69%
-0.40%
3.71%
4.88%
N/A
FADMX
5.71%
-0.85%
2.58%
5.89%
2.16%
N/A
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FSRKX vs. FADMX - Expense Ratio Comparison
FSRKX has a 0.51% expense ratio, which is lower than FADMX's 0.66% expense ratio.
Risk-Adjusted Performance
FSRKX vs. FADMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Strategic Real Return Fund Class K6 (FSRKX) and Fidelity Strategic Income Fund (FADMX). 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
FSRKX vs. FADMX - Dividend Comparison
FSRKX's dividend yield for the trailing twelve months is around 3.40%, less than FADMX's 4.03% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
FSRKX Fidelity Strategic Real Return Fund Class K6 | 3.40% | 5.38% | 7.38% | 5.43% | 2.31% | 1.16% | 0.00% |
FADMX Fidelity Strategic Income Fund | 4.03% | 4.32% | 3.67% | 2.75% | 3.33% | 3.46% | 2.61% |
Drawdowns
FSRKX vs. FADMX - Drawdown Comparison
The maximum FSRKX drawdown since its inception was -19.93%, which is greater than FADMX's maximum drawdown of -16.68%. Use the drawdown chart below to compare losses from any high point for FSRKX and FADMX. For additional features, visit the drawdowns tool.
Volatility
FSRKX vs. FADMX - Volatility Comparison
Fidelity Strategic Real Return Fund Class K6 (FSRKX) has a higher volatility of 2.97% compared to Fidelity Strategic Income Fund (FADMX) at 1.12%. This indicates that FSRKX's price experiences larger fluctuations and is considered to be riskier than FADMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.