FSRKX vs. PHIYX
Compare and contrast key facts about Fidelity Strategic Real Return Fund Class K6 (FSRKX) and PIMCO High Yield Fund (PHIYX).
FSRKX is managed by Fidelity. It was launched on Sep 7, 2005. PHIYX is managed by PIMCO. It was launched on Dec 15, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSRKX or PHIYX.
Correlation
The correlation between FSRKX and PHIYX is 0.50, 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. PHIYX - Performance Comparison
Key characteristics
FSRKX:
0.57
PHIYX:
1.97
FSRKX:
0.76
PHIYX:
2.94
FSRKX:
1.11
PHIYX:
1.41
FSRKX:
0.51
PHIYX:
2.72
FSRKX:
3.15
PHIYX:
11.51
FSRKX:
1.02%
PHIYX:
0.58%
FSRKX:
5.61%
PHIYX:
3.41%
FSRKX:
-19.93%
PHIYX:
-32.73%
FSRKX:
-4.57%
PHIYX:
-1.35%
Returns By Period
In the year-to-date period, FSRKX achieves a 3.09% return, which is significantly lower than PHIYX's 5.51% return.
FSRKX
3.09%
-3.69%
-0.40%
3.71%
4.88%
N/A
PHIYX
5.51%
-0.62%
3.61%
6.46%
2.79%
4.07%
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FSRKX vs. PHIYX - Expense Ratio Comparison
FSRKX has a 0.51% expense ratio, which is lower than PHIYX's 0.56% expense ratio.
Risk-Adjusted Performance
FSRKX vs. PHIYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Strategic Real Return Fund Class K6 (FSRKX) and PIMCO High Yield Fund (PHIYX). 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. PHIYX - Dividend Comparison
FSRKX's dividend yield for the trailing twelve months is around 3.40%, less than PHIYX's 5.61% 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% |
PHIYX PIMCO High Yield Fund | 5.61% | 5.62% | 5.42% | 4.53% | 4.56% | 5.04% | 5.63% | 5.12% | 5.38% | 6.16% | 6.58% | 5.94% |
Drawdowns
FSRKX vs. PHIYX - Drawdown Comparison
The maximum FSRKX drawdown since its inception was -19.93%, smaller than the maximum PHIYX drawdown of -32.73%. Use the drawdown chart below to compare losses from any high point for FSRKX and PHIYX. For additional features, visit the drawdowns tool.
Volatility
FSRKX vs. PHIYX - Volatility Comparison
Fidelity Strategic Real Return Fund Class K6 (FSRKX) has a higher volatility of 2.97% compared to PIMCO High Yield Fund (PHIYX) at 0.78%. This indicates that FSRKX's price experiences larger fluctuations and is considered to be riskier than PHIYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.