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FWATX vs. IDIVX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FWATX and IDIVX is 0.71, 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.


-0.50.00.51.00.7

Performance

FWATX vs. IDIVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Multi-Asset Income Fund Class A (FWATX) and Integrity Dividend Harvest Fund (IDIVX). The values are adjusted to include any dividend payments, if applicable.

80.00%90.00%100.00%110.00%120.00%JulyAugustSeptemberOctoberNovemberDecember
91.21%
114.95%
FWATX
IDIVX

Key characteristics

Sharpe Ratio

FWATX:

1.30

IDIVX:

2.13

Sortino Ratio

FWATX:

1.78

IDIVX:

2.96

Omega Ratio

FWATX:

1.24

IDIVX:

1.38

Calmar Ratio

FWATX:

1.81

IDIVX:

4.16

Martin Ratio

FWATX:

8.57

IDIVX:

14.64

Ulcer Index

FWATX:

1.16%

IDIVX:

1.51%

Daily Std Dev

FWATX:

7.63%

IDIVX:

10.37%

Max Drawdown

FWATX:

-21.66%

IDIVX:

-33.38%

Current Drawdown

FWATX:

-4.03%

IDIVX:

-4.01%

Returns By Period

In the year-to-date period, FWATX achieves a 10.44% return, which is significantly lower than IDIVX's 19.92% return.


FWATX

YTD

10.44%

1M

-2.99%

6M

3.73%

1Y

10.61%

5Y*

7.65%

10Y*

N/A

IDIVX

YTD

19.92%

1M

-1.72%

6M

7.33%

1Y

21.04%

5Y*

8.61%

10Y*

7.18%

Compare stocks, funds, or ETFs

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


FWATX vs. IDIVX - Expense Ratio Comparison

FWATX has a 1.05% expense ratio, which is higher than IDIVX's 0.95% expense ratio.


FWATX
Fidelity Advisor Multi-Asset Income Fund Class A
Expense ratio chart for FWATX: current value at 1.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.05%
Expense ratio chart for IDIVX: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

FWATX vs. IDIVX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Multi-Asset Income Fund Class A (FWATX) and Integrity Dividend Harvest Fund (IDIVX). 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 FWATX, currently valued at 1.30, compared to the broader market-1.000.001.002.003.004.001.301.92
The chart of Sortino ratio for FWATX, currently valued at 1.78, compared to the broader market-2.000.002.004.006.008.0010.001.782.69
The chart of Omega ratio for FWATX, currently valued at 1.24, compared to the broader market0.501.001.502.002.503.003.501.241.34
The chart of Calmar ratio for FWATX, currently valued at 1.81, compared to the broader market0.002.004.006.008.0010.0012.0014.001.813.72
The chart of Martin ratio for FWATX, currently valued at 8.57, compared to the broader market0.0020.0040.0060.008.5713.10
FWATX
IDIVX

The current FWATX Sharpe Ratio is 1.30, which is lower than the IDIVX Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of FWATX and IDIVX, 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 Ratio1.001.502.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
1.30
1.92
FWATX
IDIVX

Dividends

FWATX vs. IDIVX - Dividend Comparison

FWATX's dividend yield for the trailing twelve months is around 3.08%, more than IDIVX's 2.42% yield.


TTM20232022202120202019201820172016201520142013
FWATX
Fidelity Advisor Multi-Asset Income Fund Class A
3.08%3.97%3.59%2.74%3.05%2.54%2.20%2.44%4.34%0.98%0.00%0.00%
IDIVX
Integrity Dividend Harvest Fund
2.42%3.13%3.08%2.94%3.42%3.21%3.44%2.81%2.71%3.05%2.82%2.82%

Drawdowns

FWATX vs. IDIVX - Drawdown Comparison

The maximum FWATX drawdown since its inception was -21.66%, smaller than the maximum IDIVX drawdown of -33.38%. Use the drawdown chart below to compare losses from any high point for FWATX and IDIVX. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.03%
-4.01%
FWATX
IDIVX

Volatility

FWATX vs. IDIVX - Volatility Comparison

The current volatility for Fidelity Advisor Multi-Asset Income Fund Class A (FWATX) is 3.67%, while Integrity Dividend Harvest Fund (IDIVX) has a volatility of 3.95%. This indicates that FWATX experiences smaller price fluctuations and is considered to be less risky than IDIVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%3.00%3.50%4.00%4.50%JulyAugustSeptemberOctoberNovemberDecember
3.67%
3.95%
FWATX
IDIVX
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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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