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FTKFX vs. FIQTX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FTKFX and FIQTX is 0.07, 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.


Performance

FTKFX vs. FIQTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Total Bond K6 Fund (FTKFX) and Fidelity Advisor High Income Advantage Fund Class Z (FIQTX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FTKFX:

0.89

FIQTX:

1.14

Sortino Ratio

FTKFX:

1.41

FIQTX:

1.65

Omega Ratio

FTKFX:

1.17

FIQTX:

1.24

Calmar Ratio

FTKFX:

0.46

FIQTX:

1.17

Martin Ratio

FTKFX:

2.70

FIQTX:

4.50

Ulcer Index

FTKFX:

1.83%

FIQTX:

1.81%

Daily Std Dev

FTKFX:

5.29%

FIQTX:

6.89%

Max Drawdown

FTKFX:

-18.64%

FIQTX:

-28.49%

Current Drawdown

FTKFX:

-5.05%

FIQTX:

-0.01%

Returns By Period

In the year-to-date period, FTKFX achieves a 1.85% return, which is significantly lower than FIQTX's 2.35% return.


FTKFX

YTD

1.85%

1M

0.49%

6M

1.94%

1Y

4.69%

5Y*

0.09%

10Y*

N/A

FIQTX

YTD

2.35%

1M

5.04%

6M

2.21%

1Y

7.86%

5Y*

8.59%

10Y*

N/A

*Annualized

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FTKFX vs. FIQTX - Expense Ratio Comparison

FTKFX has a 0.30% expense ratio, which is lower than FIQTX's 0.64% expense ratio.


Risk-Adjusted Performance

FTKFX vs. FIQTX — Risk-Adjusted Performance Rank

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

FTKFX
The Risk-Adjusted Performance Rank of FTKFX is 7272
Overall Rank
The Sharpe Ratio Rank of FTKFX is 7878
Sharpe Ratio Rank
The Sortino Ratio Rank of FTKFX is 8080
Sortino Ratio Rank
The Omega Ratio Rank of FTKFX is 7373
Omega Ratio Rank
The Calmar Ratio Rank of FTKFX is 5757
Calmar Ratio Rank
The Martin Ratio Rank of FTKFX is 6969
Martin Ratio Rank

FIQTX
The Risk-Adjusted Performance Rank of FIQTX is 8585
Overall Rank
The Sharpe Ratio Rank of FIQTX is 8585
Sharpe Ratio Rank
The Sortino Ratio Rank of FIQTX is 8484
Sortino Ratio Rank
The Omega Ratio Rank of FIQTX is 8686
Omega Ratio Rank
The Calmar Ratio Rank of FIQTX is 8787
Calmar Ratio Rank
The Martin Ratio Rank of FIQTX is 8484
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.

FTKFX vs. FIQTX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Total Bond K6 Fund (FTKFX) and Fidelity Advisor High Income Advantage Fund Class Z (FIQTX). 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 current FTKFX Sharpe Ratio is 0.89, which is comparable to the FIQTX Sharpe Ratio of 1.14. The chart below compares the historical Sharpe Ratios of FTKFX and FIQTX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FTKFX vs. FIQTX - Dividend Comparison

FTKFX's dividend yield for the trailing twelve months is around 4.74%, less than FIQTX's 4.95% yield.


TTM20242023202220212020201920182017
FTKFX
Fidelity Total Bond K6 Fund
4.74%4.75%4.24%3.33%2.27%2.53%3.07%2.94%0.74%
FIQTX
Fidelity Advisor High Income Advantage Fund Class Z
4.95%5.05%5.22%4.84%3.32%3.81%4.53%2.55%0.00%

Drawdowns

FTKFX vs. FIQTX - Drawdown Comparison

The maximum FTKFX drawdown since its inception was -18.64%, smaller than the maximum FIQTX drawdown of -28.49%. Use the drawdown chart below to compare losses from any high point for FTKFX and FIQTX. For additional features, visit the drawdowns tool.


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Volatility

FTKFX vs. FIQTX - Volatility Comparison

The current volatility for Fidelity Total Bond K6 Fund (FTKFX) is 1.37%, while Fidelity Advisor High Income Advantage Fund Class Z (FIQTX) has a volatility of 2.18%. This indicates that FTKFX experiences smaller price fluctuations and is considered to be less risky than FIQTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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