FSRRX vs. FMSDX
Compare and contrast key facts about Fidelity Strategic Real Return Fund (FSRRX) and Fidelity Multi-Asset Income Fund (FMSDX).
FSRRX is managed by Fidelity. It was launched on Sep 7, 2005. FMSDX is managed by Fidelity. It was launched on Sep 9, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSRRX or FMSDX.
Key characteristics
| FSRRX | FMSDX | |
|---|---|---|
| YTD Return | 6.30% | 12.81% |
| 1Y Return | 10.58% | 20.02% |
| 3Y Return (Ann) | 2.56% | 2.67% |
| 5Y Return (Ann) | 5.61% | 9.09% |
| Sharpe Ratio | 2.00 | 2.72 |
| Sortino Ratio | 3.02 | 3.94 |
| Omega Ratio | 1.37 | 1.53 |
| Calmar Ratio | 1.27 | 2.09 |
| Martin Ratio | 11.49 | 18.27 |
| Ulcer Index | 0.94% | 1.02% |
| Daily Std Dev | 5.43% | 6.90% |
| Max Drawdown | -33.43% | -21.64% |
| Current Drawdown | -1.47% | -0.48% |
Correlation
The correlation between FSRRX and FMSDX is 0.67, 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
FSRRX vs. FMSDX - Performance Comparison
In the year-to-date period, FSRRX achieves a 6.30% return, which is significantly lower than FMSDX's 12.81% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FSRRX vs. FMSDX - Expense Ratio Comparison
FSRRX has a 0.70% expense ratio, which is lower than FMSDX's 0.78% expense ratio.
Risk-Adjusted Performance
FSRRX vs. FMSDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Strategic Real Return Fund (FSRRX) and Fidelity Multi-Asset Income Fund (FMSDX). 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
FSRRX vs. FMSDX - Dividend Comparison
FSRRX's dividend yield for the trailing twelve months is around 4.65%, more than FMSDX's 3.64% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSRRX Fidelity Strategic Real Return Fund | 4.65% | 5.29% | 7.31% | 5.35% | 2.25% | 3.05% | 3.96% | 2.49% | 2.14% | 1.63% | 2.18% | 2.24% |
FMSDX Fidelity Multi-Asset Income Fund | 3.64% | 4.24% | 3.88% | 2.98% | 3.26% | 2.76% | 1.90% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FSRRX vs. FMSDX - Drawdown Comparison
The maximum FSRRX drawdown since its inception was -33.43%, which is greater than FMSDX's maximum drawdown of -21.64%. Use the drawdown chart below to compare losses from any high point for FSRRX and FMSDX. For additional features, visit the drawdowns tool.
Volatility
FSRRX vs. FMSDX - Volatility Comparison
The current volatility for Fidelity Strategic Real Return Fund (FSRRX) is 1.51%, while Fidelity Multi-Asset Income Fund (FMSDX) has a volatility of 2.53%. This indicates that FSRRX experiences smaller price fluctuations and is considered to be less risky than FMSDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.