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FSTAX vs. FADMX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FSTAX and FADMX is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.01.0

Performance

FSTAX vs. FADMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Strategic Income Fund Class A (FSTAX) and Fidelity Strategic Income Fund (FADMX). The values are adjusted to include any dividend payments, if applicable.

-1.00%0.00%1.00%2.00%3.00%4.00%AugustSeptemberOctoberNovemberDecember2025
1.43%
1.24%
FSTAX
FADMX

Key characteristics

Sharpe Ratio

FSTAX:

1.72

FADMX:

1.67

Sortino Ratio

FSTAX:

2.51

FADMX:

2.47

Omega Ratio

FSTAX:

1.32

FADMX:

1.31

Calmar Ratio

FSTAX:

1.00

FADMX:

1.09

Martin Ratio

FSTAX:

7.79

FADMX:

7.25

Ulcer Index

FSTAX:

0.82%

FADMX:

0.85%

Daily Std Dev

FSTAX:

3.73%

FADMX:

3.72%

Max Drawdown

FSTAX:

-17.81%

FADMX:

-16.68%

Current Drawdown

FSTAX:

-2.33%

FADMX:

-2.70%

Returns By Period

The year-to-date returns for both investments are quite close, with FSTAX having a -0.53% return and FADMX slightly higher at -0.52%.


FSTAX

YTD

-0.53%

1M

-1.32%

6M

1.43%

1Y

5.51%

5Y*

1.67%

10Y*

2.85%

FADMX

YTD

-0.52%

1M

-1.71%

6M

1.24%

1Y

5.42%

5Y*

1.89%

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FSTAX vs. FADMX - Expense Ratio Comparison

FSTAX has a 0.97% expense ratio, which is higher than FADMX's 0.66% expense ratio.


FSTAX
Fidelity Advisor Strategic Income Fund Class A
Expense ratio chart for FSTAX: current value at 0.97% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.97%
Expense ratio chart for FADMX: current value at 0.66% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.66%

Risk-Adjusted Performance

FSTAX vs. FADMX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSTAX
The Risk-Adjusted Performance Rank of FSTAX is 8585
Overall Rank
The Sharpe Ratio Rank of FSTAX is 8989
Sharpe Ratio Rank
The Sortino Ratio Rank of FSTAX is 8989
Sortino Ratio Rank
The Omega Ratio Rank of FSTAX is 8888
Omega Ratio Rank
The Calmar Ratio Rank of FSTAX is 7474
Calmar Ratio Rank
The Martin Ratio Rank of FSTAX is 8585
Martin Ratio Rank

FADMX
The Risk-Adjusted Performance Rank of FADMX is 8484
Overall Rank
The Sharpe Ratio Rank of FADMX is 8888
Sharpe Ratio Rank
The Sortino Ratio Rank of FADMX is 8989
Sortino Ratio Rank
The Omega Ratio Rank of FADMX is 8787
Omega Ratio Rank
The Calmar Ratio Rank of FADMX is 7676
Calmar Ratio Rank
The Martin Ratio Rank of FADMX is 8383
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FSTAX vs. FADMX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Strategic Income Fund Class A (FSTAX) 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.


Sharpe ratio
The chart of Sharpe ratio for FSTAX, currently valued at 1.72, compared to the broader market-1.000.001.002.003.004.001.721.67
The chart of Sortino ratio for FSTAX, currently valued at 2.51, compared to the broader market0.002.004.006.008.0010.002.512.47
The chart of Omega ratio for FSTAX, currently valued at 1.32, compared to the broader market1.002.003.001.321.31
The chart of Calmar ratio for FSTAX, currently valued at 1.00, compared to the broader market0.005.0010.0015.001.001.09
The chart of Martin ratio for FSTAX, currently valued at 7.79, compared to the broader market0.0020.0040.0060.007.797.25
FSTAX
FADMX

The current FSTAX Sharpe Ratio is 1.72, which is comparable to the FADMX Sharpe Ratio of 1.67. The chart below compares the historical Sharpe Ratios of FSTAX and FADMX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.504.00AugustSeptemberOctoberNovemberDecember2025
1.72
1.67
FSTAX
FADMX

Dividends

FSTAX vs. FADMX - Dividend Comparison

FSTAX's dividend yield for the trailing twelve months is around 3.94%, more than FADMX's 3.79% yield.


TTM20242023202220212020201920182017201620152014
FSTAX
Fidelity Advisor Strategic Income Fund Class A
3.94%3.92%4.03%3.37%2.44%3.06%3.17%3.39%2.87%3.23%3.45%5.08%
FADMX
Fidelity Strategic Income Fund
3.79%3.77%4.32%3.67%2.75%3.33%3.46%2.61%0.00%0.00%0.00%0.00%

Drawdowns

FSTAX vs. FADMX - Drawdown Comparison

The maximum FSTAX drawdown since its inception was -17.81%, which is greater than FADMX's maximum drawdown of -16.68%. Use the drawdown chart below to compare losses from any high point for FSTAX and FADMX. For additional features, visit the drawdowns tool.


-3.00%-2.50%-2.00%-1.50%-1.00%-0.50%0.00%AugustSeptemberOctoberNovemberDecember2025
-2.33%
-2.70%
FSTAX
FADMX

Volatility

FSTAX vs. FADMX - Volatility Comparison

Fidelity Advisor Strategic Income Fund Class A (FSTAX) has a higher volatility of 1.24% compared to Fidelity Strategic Income Fund (FADMX) at 1.05%. This indicates that FSTAX'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.


0.60%0.80%1.00%1.20%1.40%AugustSeptemberOctoberNovemberDecember2025
1.24%
1.05%
FSTAX
FADMX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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