FYMIX vs. VASGX

Last updated Jun 24, 2026

FYMIX (Fidelity Sustainable Multi-Asset Fund) and VASGX (Vanguard LifeStrategy Growth Fund) are both Diversified Portfolio funds. Over the past 3 years, FYMIX returned 15.73%/yr vs 17.41%/yr for VASGX. With a 0.97 correlation, they move nearly in lockstep. FYMIX charges 0.05%/yr vs 0.14%/yr for VASGX.

Performance

FYMIX vs. VASGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Sustainable Multi-Asset Fund (FYMIX) and Vanguard LifeStrategy Growth Fund (VASGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with FYMIX having a 9.89% return and VASGX slightly higher at 10.19%.

FYMIX

• 1D: -0.15%
• 1M: 1.64%
• YTD: 9.89%
• 6M: 9.48%
• 1Y: 23.19%
• 3Y*: 15.73%
• 5Y*: —
• 10Y*: —

VASGX

• 1D: -0.16%
• 1M: 1.45%
• YTD: 10.19%
• 6M: 9.63%
• 1Y: 23.77%
• 3Y*: 17.41%
• 5Y*: 8.92%
• 10Y*: 11.05%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FYMIX vs. VASGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FYMIX Fidelity Sustainable Multi-Asset Fund	9.89%	18.95%	11.09%	16.15%	-15.71%
VASGX Vanguard LifeStrategy Growth Fund	10.19%	19.65%	12.95%	18.76%	-14.75%

Correlation

The correlation between FYMIX and VASGX is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.98
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (All Time) Calculated using the full available price history since Feb 10, 2022	0.97

The correlation between FYMIX and VASGX has been stable across timeframes, ranging from 0.97 to 0.98 - a consistent structural relationship.

Return for Risk

FYMIX vs. VASGX — Risk / Return Rank

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

FYMIX

FYMIX Risk / Return Rank: 59
FYMIX Sharpe Ratio Rank: 60
FYMIX Sortino Ratio Rank: 58
FYMIX Omega Ratio Rank: 61
FYMIX Calmar Ratio Rank: 56
FYMIX Martin Ratio Rank: 63

VASGX

VASGX Risk / Return Rank: 70
VASGX Sharpe Ratio Rank: 71
VASGX Sortino Ratio Rank: 67
VASGX Omega Ratio Rank: 68
VASGX Calmar Ratio Rank: 68
VASGX Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FYMIX vs. VASGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Sustainable Multi-Asset Fund (FYMIX) and Vanguard LifeStrategy Growth Fund (VASGX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FYMIX	VASGX	Difference
Sharpe ratio: Return per unit of total volatility	2.10	2.25	-0.15
Sortino ratio: Return per unit of downside risk	2.92	3.11	-0.19
Omega ratio: Gain probability vs. loss probability	1.39	1.42	-0.02
Calmar ratio: Return relative to maximum drawdown	2.74	3.03	-0.29
Martin ratio: Return relative to average drawdown	11.69	13.08	-1.39

FYMIX vs. VASGX - Sharpe Ratio Comparison

The current FYMIX Sharpe Ratio is 2.10, which is comparable to the VASGX Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of FYMIX and VASGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FYMIX vs. VASGX - Drawdown Comparison

The maximum FYMIX drawdown since its inception was -22.70%, smaller than the maximum VASGX drawdown of -51.16%. Use the drawdown chart below to compare losses from any high point for FYMIX and VASGX.

Drawdown Indicators

	FYMIX	VASGX	Difference
Max Drawdown Largest peak-to-trough decline	-22.70%	-51.16%	+28.46%
Max Drawdown (1Y) Largest decline over 1 year	-8.80%	-8.17%	-0.63%
Max Drawdown (3Y) Largest decline over 3 years	-12.72%	-12.89%	+0.17%
Max Drawdown (5Y) Largest decline over 5 years	—	-24.43%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-28.53%	—
Current Drawdown Current decline from peak	-0.23%	-0.60%	+0.37%
Average Drawdown Average peak-to-trough decline	-5.58%	-7.24%	+1.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.06%	1.89%	+0.17%

Volatility

FYMIX vs. VASGX - Volatility Comparison

Fidelity Sustainable Multi-Asset Fund (FYMIX) and Vanguard LifeStrategy Growth Fund (VASGX) have volatilities of 4.53% and 4.37%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FYMIX	VASGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.53%	4.37%	+0.16%
Volatility (6M) Calculated over the trailing 6-month period	9.72%	9.11%	+0.61%
Volatility (1Y) Calculated over the trailing 1-year period	11.47%	11.00%	+0.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.81%	12.88%	-0.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	12.81%	13.52%	-0.71%

FYMIX vs. VASGX - Expense Ratio Comparison

FYMIX has a 0.05% expense ratio, which is lower than VASGX's 0.14% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

FYMIX vs. VASGX - Dividend Comparison

FYMIX's dividend yield for the trailing twelve months is around 3.35%, less than VASGX's 3.72% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FYMIX Fidelity Sustainable Multi-Asset Fund	3.35%	3.69%	1.84%	1.78%	1.79%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
VASGX Vanguard LifeStrategy Growth Fund	3.72%	4.09%	6.15%	3.00%	2.10%	3.54%	3.54%	2.34%	4.36%	2.13%	2.23%	4.54%

Frequently Asked Questions

Can I hold both FYMIX and VASGX in my portfolio?

With a correlation of 0.98, FYMIX and VASGX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FYMIX or VASGX?

FYMIX has higher volatility (4.53%) compared to VASGX (4.37%). In terms of maximum drawdown, FYMIX dropped -22.70% vs VASGX's -51.16%.

Which has better risk-adjusted returns?

VASGX currently has the higher Sharpe Ratio (2.25 vs 2.10), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.