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

Correlation

The correlation between FSTAX and FAHDX is 0.29, 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.


-0.50.00.51.0
Correlation: 0.3

Performance

FSTAX vs. FAHDX - 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 Advisor High Income Advantage Fund Class A (FAHDX). The values are adjusted to include any dividend payments, if applicable.

150.00%200.00%250.00%300.00%350.00%400.00%450.00%500.00%NovemberDecember2025FebruaryMarchApril
182.87%
447.67%
FSTAX
FAHDX

Key characteristics

Sharpe Ratio

FSTAX:

1.75

FAHDX:

0.90

Sortino Ratio

FSTAX:

2.60

FAHDX:

1.26

Omega Ratio

FSTAX:

1.33

FAHDX:

1.18

Calmar Ratio

FSTAX:

1.28

FAHDX:

0.88

Martin Ratio

FSTAX:

6.90

FAHDX:

3.46

Ulcer Index

FSTAX:

0.99%

FAHDX:

1.77%

Daily Std Dev

FSTAX:

3.91%

FAHDX:

6.79%

Max Drawdown

FSTAX:

-17.81%

FAHDX:

-48.83%

Current Drawdown

FSTAX:

-1.16%

FAHDX:

-3.32%

Returns By Period

In the year-to-date period, FSTAX achieves a 0.72% return, which is significantly higher than FAHDX's -1.11% return. Over the past 10 years, FSTAX has underperformed FAHDX with an annualized return of 2.68%, while FAHDX has yielded a comparatively higher 5.05% annualized return.


FSTAX

YTD

0.72%

1M

0.05%

6M

0.80%

1Y

7.11%

5Y*

3.40%

10Y*

2.68%

FAHDX

YTD

-1.11%

1M

-0.57%

6M

-0.14%

1Y

6.69%

5Y*

7.98%

10Y*

5.05%

*Annualized

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FSTAX vs. FAHDX - Expense Ratio Comparison

FSTAX has a 0.97% expense ratio, which is lower than FAHDX's 0.99% expense ratio.


Expense ratio chart for FAHDX: current value is 0.99%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FAHDX: 0.99%
Expense ratio chart for FSTAX: current value is 0.97%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FSTAX: 0.97%

Risk-Adjusted Performance

FSTAX vs. FAHDX — 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 8989
Overall Rank
The Sharpe Ratio Rank of FSTAX is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of FSTAX is 9090
Sortino Ratio Rank
The Omega Ratio Rank of FSTAX is 8888
Omega Ratio Rank
The Calmar Ratio Rank of FSTAX is 8888
Calmar Ratio Rank
The Martin Ratio Rank of FSTAX is 9090
Martin Ratio Rank

FAHDX
The Risk-Adjusted Performance Rank of FAHDX is 7676
Overall Rank
The Sharpe Ratio Rank of FAHDX is 7474
Sharpe Ratio Rank
The Sortino Ratio Rank of FAHDX is 7373
Sortino Ratio Rank
The Omega Ratio Rank of FAHDX is 7474
Omega Ratio Rank
The Calmar Ratio Rank of FAHDX is 8383
Calmar Ratio Rank
The Martin Ratio Rank of FAHDX is 7676
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. FAHDX - 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 Advisor High Income Advantage Fund Class A (FAHDX). 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.


The chart of Sharpe ratio for FSTAX, currently valued at 1.75, compared to the broader market-1.000.001.002.003.00
FSTAX: 1.75
FAHDX: 0.90
The chart of Sortino ratio for FSTAX, currently valued at 2.60, compared to the broader market-2.000.002.004.006.008.00
FSTAX: 2.60
FAHDX: 1.26
The chart of Omega ratio for FSTAX, currently valued at 1.33, compared to the broader market0.501.001.502.002.503.00
FSTAX: 1.33
FAHDX: 1.18
The chart of Calmar ratio for FSTAX, currently valued at 1.28, compared to the broader market0.002.004.006.008.0010.00
FSTAX: 1.28
FAHDX: 0.88
The chart of Martin ratio for FSTAX, currently valued at 6.90, compared to the broader market0.0010.0020.0030.0040.0050.00
FSTAX: 6.90
FAHDX: 3.46

The current FSTAX Sharpe Ratio is 1.75, which is higher than the FAHDX Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of FSTAX and FAHDX, 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 Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
1.75
0.90
FSTAX
FAHDX

Dividends

FSTAX vs. FAHDX - Dividend Comparison

FSTAX's dividend yield for the trailing twelve months is around 3.85%, less than FAHDX's 4.71% yield.


TTM20242023202220212020201920182017201620152014
FSTAX
Fidelity Advisor Strategic Income Fund Class A
3.85%3.92%4.03%3.37%2.44%3.06%3.17%3.40%2.87%3.23%3.45%5.09%
FAHDX
Fidelity Advisor High Income Advantage Fund Class A
4.71%4.69%4.87%4.42%2.96%3.47%4.21%5.74%4.65%4.50%5.08%4.24%

Drawdowns

FSTAX vs. FAHDX - Drawdown Comparison

The maximum FSTAX drawdown since its inception was -17.81%, smaller than the maximum FAHDX drawdown of -48.83%. Use the drawdown chart below to compare losses from any high point for FSTAX and FAHDX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-1.16%
-3.32%
FSTAX
FAHDX

Volatility

FSTAX vs. FAHDX - Volatility Comparison

The current volatility for Fidelity Advisor Strategic Income Fund Class A (FSTAX) is 1.91%, while Fidelity Advisor High Income Advantage Fund Class A (FAHDX) has a volatility of 4.36%. This indicates that FSTAX experiences smaller price fluctuations and is considered to be less risky than FAHDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%NovemberDecember2025FebruaryMarchApril
1.91%
4.36%
FSTAX
FAHDX