FSRKX vs. FFRHX
Compare and contrast key facts about Fidelity Strategic Real Return Fund Class K6 (FSRKX) and Fidelity Floating Rate High Income Fund (FFRHX).
FSRKX is managed by Fidelity. It was launched on Sep 7, 2005. FFRHX is managed by Fidelity. It was launched on Aug 16, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSRKX or FFRHX.
Correlation
The correlation between FSRKX and FFRHX is 0.39, 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
FSRKX vs. FFRHX - Performance Comparison
Key characteristics
FSRKX:
0.57
FFRHX:
3.19
FSRKX:
0.76
FFRHX:
9.29
FSRKX:
1.11
FFRHX:
3.17
FSRKX:
0.51
FFRHX:
9.22
FSRKX:
3.15
FFRHX:
47.10
FSRKX:
1.02%
FFRHX:
0.17%
FSRKX:
5.61%
FFRHX:
2.48%
FSRKX:
-19.93%
FFRHX:
-22.19%
FSRKX:
-4.57%
FFRHX:
-0.54%
Returns By Period
In the year-to-date period, FSRKX achieves a 3.09% return, which is significantly lower than FFRHX's 7.86% return.
FSRKX
3.09%
-3.69%
-0.40%
3.71%
4.88%
N/A
FFRHX
7.86%
-0.21%
3.75%
8.03%
5.30%
4.76%
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FSRKX vs. FFRHX - Expense Ratio Comparison
FSRKX has a 0.51% expense ratio, which is lower than FFRHX's 0.67% expense ratio.
Risk-Adjusted Performance
FSRKX vs. FFRHX - 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 Floating Rate High Income Fund (FFRHX). 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. FFRHX - Dividend Comparison
FSRKX's dividend yield for the trailing twelve months is around 3.40%, less than FFRHX's 7.69% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSRKX Fidelity Strategic Real Return Fund Class K6 | 3.40% | 5.38% | 7.38% | 5.43% | 2.31% | 1.16% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FFRHX Fidelity Floating Rate High Income Fund | 7.69% | 8.25% | 5.06% | 3.27% | 3.85% | 5.17% | 4.75% | 4.01% | 3.94% | 4.25% | 4.00% | 3.46% |
Drawdowns
FSRKX vs. FFRHX - Drawdown Comparison
The maximum FSRKX drawdown since its inception was -19.93%, smaller than the maximum FFRHX drawdown of -22.19%. Use the drawdown chart below to compare losses from any high point for FSRKX and FFRHX. For additional features, visit the drawdowns tool.
Volatility
FSRKX vs. FFRHX - Volatility Comparison
Fidelity Strategic Real Return Fund Class K6 (FSRKX) has a higher volatility of 2.97% compared to Fidelity Floating Rate High Income Fund (FFRHX) at 0.38%. This indicates that FSRKX's price experiences larger fluctuations and is considered to be riskier than FFRHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.