FSTAX vs. OPSIX
Compare and contrast key facts about Fidelity Advisor Strategic Income Fund Class A (FSTAX) and Invesco Global Strategic Income Fund (OPSIX).
FSTAX is managed by Fidelity. It was launched on Sep 3, 1996. OPSIX is managed by Invesco. It was launched on Oct 15, 1989.
Performance
FSTAX vs. OPSIX - Performance Comparison
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FSTAX vs. OPSIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSTAX Fidelity Advisor Strategic Income Fund Class A | -0.88% | 8.68% | 4.93% | 8.82% | -11.98% | 3.22% | 7.21% | 10.74% | -2.94% | 7.63% |
OPSIX Invesco Global Strategic Income Fund | -6.99% | 11.76% | 2.79% | 7.62% | -12.37% | -3.32% | 3.52% | 10.60% | -4.67% | 6.22% |
Returns By Period
In the year-to-date period, FSTAX achieves a -0.88% return, which is significantly higher than OPSIX's -6.99% return. Over the past 10 years, FSTAX has outperformed OPSIX with an annualized return of 3.84%, while OPSIX has yielded a comparatively lower 1.67% annualized return.
FSTAX
- 1D
- 0.00%
- 1M
- -2.65%
- YTD
- -0.88%
- 6M
- 0.34%
- 1Y
- 6.86%
- 3Y*
- 6.09%
- 5Y*
- 2.33%
- 10Y*
- 3.84%
OPSIX
- 1D
- 0.66%
- 1M
- -8.11%
- YTD
- -6.99%
- 6M
- -5.12%
- 1Y
- 0.60%
- 3Y*
- 3.84%
- 5Y*
- 0.11%
- 10Y*
- 1.67%
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FSTAX vs. OPSIX - Expense Ratio Comparison
FSTAX has a 0.97% expense ratio, which is lower than OPSIX's 1.00% expense ratio.
Return for Risk
FSTAX vs. OPSIX — Risk / Return Rank
FSTAX
OPSIX
FSTAX vs. OPSIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Strategic Income Fund Class A (FSTAX) and Invesco Global Strategic Income Fund (OPSIX). 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.
| FSTAX | OPSIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.03 | 0.09 | +1.94 |
Sortino ratioReturn per unit of downside risk | 2.82 | 0.17 | +2.64 |
Omega ratioGain probability vs. loss probability | 1.40 | 1.03 | +0.38 |
Calmar ratioReturn relative to maximum drawdown | 2.71 | 0.10 | +2.61 |
Martin ratioReturn relative to average drawdown | 10.69 | 0.47 | +10.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FSTAX | OPSIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.03 | 0.09 | +1.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.53 | 0.02 | +0.51 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.88 | 0.24 | +0.63 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 1.00 | -0.52 |
Correlation
The correlation between FSTAX and OPSIX is 0.59, 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.
Dividends
FSTAX vs. OPSIX - Dividend Comparison
FSTAX's dividend yield for the trailing twelve months is around 3.80%, more than OPSIX's 3.33% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSTAX Fidelity Advisor Strategic Income Fund Class A | 3.80% | 4.05% | 3.21% | 3.70% | 2.70% | 4.01% | 4.32% | 4.06% | 3.50% | 3.70% | 3.49% | 2.89% |
OPSIX Invesco Global Strategic Income Fund | 3.33% | 4.39% | 5.02% | 4.03% | 2.89% | 2.63% | 2.71% | 4.57% | 5.28% | 4.24% | 3.51% | 4.50% |
Drawdowns
FSTAX vs. OPSIX - Drawdown Comparison
The maximum FSTAX drawdown since its inception was -23.29%, smaller than the maximum OPSIX drawdown of -25.45%. Use the drawdown chart below to compare losses from any high point for FSTAX and OPSIX.
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Drawdown Indicators
| FSTAX | OPSIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -23.29% | -25.45% | +2.16% |
Max Drawdown (1Y)Largest decline over 1 year | -2.65% | -8.71% | +6.06% |
Max Drawdown (5Y)Largest decline over 5 years | -16.18% | -21.80% | +5.62% |
Max Drawdown (10Y)Largest decline over 10 years | -16.18% | -25.13% | +8.95% |
Current DrawdownCurrent decline from peak | -2.65% | -8.11% | +5.46% |
Average DrawdownAverage peak-to-trough decline | -4.86% | -2.91% | -1.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.67% | 1.83% | -1.16% |
Volatility
FSTAX vs. OPSIX - Volatility Comparison
The current volatility for Fidelity Advisor Strategic Income Fund Class A (FSTAX) is 1.53%, while Invesco Global Strategic Income Fund (OPSIX) has a volatility of 5.47%. This indicates that FSTAX experiences smaller price fluctuations and is considered to be less risky than OPSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSTAX | OPSIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.53% | 5.47% | -3.94% |
Volatility (6M)Calculated over the trailing 6-month period | 2.38% | 6.55% | -4.17% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.57% | 8.74% | -5.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.42% | 6.96% | -2.54% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.40% | 6.94% | -2.54% |