INPFX vs. FASIX

Last updated Aug 1, 2026

INPFX (American Funds Conservative Growth and Income Portfolio Class F-1) and FASIX (Fidelity Asset Manager 20% Fund) are both Diversified Portfolio funds. Over the past 10 years, INPFX returned 7.02%/yr vs 4.24%/yr for FASIX. Their correlation of 0.82 means they have usually moved in the same direction. INPFX charges 0.66%/yr vs 0.51%/yr for FASIX.

Performance

INPFX vs. FASIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds Conservative Growth and Income Portfolio Class F-1 (INPFX) and Fidelity Asset Manager 20% Fund (FASIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, INPFX achieves a 5.60% return, which is significantly higher than FASIX's 3.85% return. Over the past 10 years, INPFX has outperformed FASIX with an annualized return of 7.02%, while FASIX has yielded a comparatively lower 4.24% annualized return.

INPFX

• 1D: 0.48%
• 1M: 0.14%
• 6M: 3.63%
• YTD: 5.60%
• 1Y: 11.79%
• 3Y*: 11.09%
• 5Y*: 6.45%
• 10Y*: 7.02%
• ALL TIME*: 7.25%

FASIX

• 1D: 0.55%
• 1M: -0.47%
• 6M: 2.56%
• YTD: 3.85%
• 1Y: 8.46%
• 3Y*: 7.28%
• 5Y*: 3.21%
• 10Y*: 4.24%
• ALL TIME*: 5.07%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FASIX Fidelity Asset Manager 20% Fund	$0.00	$0.00	$0.00
INPFX American Funds Conservative Growth and Income Portfolio Class F-1	$0.00	$0.00	$0.00

INPFX vs. FASIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
INPFX American Funds Conservative Growth and Income Portfolio Class F-1	5.60%	14.29%	9.20%	9.46%	-8.74%	12.90%	5.67%	15.76%	-3.57%	11.43%
FASIX Fidelity Asset Manager 20% Fund	3.85%	9.58%	5.34%	8.00%	-10.20%	4.04%	8.62%	10.64%	-1.63%	6.60%

Correlation

The correlation between INPFX and FASIX is 0.88, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.88
Correlation (3Y) Balances recent behavior with more history.	0.86
Correlation (5Y) Shows whether the relationship held over a longer period.	0.85
Correlation (10Y) Provides a long-term view across more market conditions.	0.82
Correlation (All Time) Calculated using the full available price history since May 21, 2012	0.82

The correlation between INPFX and FASIX has been stable across timeframes, ranging from 0.82 to 0.88 - a consistent structural relationship.

Return for Risk

INPFX vs. FASIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

INPFX

INPFX Risk / Return Rank: 75
INPFX Sharpe Ratio Rank: 79
INPFX Sortino Ratio Rank: 77
INPFX Omega Ratio Rank: 78
INPFX Calmar Ratio Rank: 66
INPFX Martin Ratio Rank: 76

FASIX

FASIX Risk / Return Rank: 80
FASIX Sharpe Ratio Rank: 80
FASIX Sortino Ratio Rank: 79
FASIX Omega Ratio Rank: 79
FASIX Calmar Ratio Rank: 78
FASIX Martin Ratio Rank: 85

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

INPFX vs. FASIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds Conservative Growth and Income Portfolio Class F-1 (INPFX) and Fidelity Asset Manager 20% Fund (FASIX). 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.

	INPFX	FASIX	Difference
Sharpe ratio: Return per unit of total volatility	1.82	1.85	-0.04
Sortino ratio: Return per unit of downside risk	2.61	2.68	-0.07
Omega ratio: Gain probability vs. loss probability	1.34	1.36	-0.02
Calmar ratio: Return relative to maximum drawdown	2.14	2.52	-0.38
Martin ratio: Return relative to average drawdown	9.03	10.59	-1.56

INPFX vs. FASIX - Sharpe Ratio Comparison

The current INPFX Sharpe Ratio is 1.82, which is comparable to the FASIX Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of INPFX and FASIX, 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

INPFX vs. FASIX - Drawdown Comparison

The maximum INPFX drawdown since its inception was -21.31%, which is greater than FASIX's maximum drawdown of -19.61%. Use the drawdown chart below to compare losses from any high point for INPFX and FASIX.

Drawdown Indicators

	INPFX	FASIX	Difference
Max Drawdown Largest peak-to-trough decline	-21.31%	-19.61%	-1.70%
Max Drawdown (1Y) Largest decline over 1 year	-5.20%	-3.35%	-1.85%
Max Drawdown (3Y) Largest decline over 3 years	-7.02%	-3.99%	-3.03%
Max Drawdown (5Y) Largest decline over 5 years	-15.37%	-13.86%	-1.51%
Max Drawdown (10Y) Largest decline over 10 years	-21.31%	-13.86%	-7.45%
Current Drawdown Current decline from peak	-0.14%	-0.81%	+0.67%
Average Drawdown Average peak-to-trough decline	-2.28%	-1.77%	-0.51%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.23%	0.80%	+0.43%

Volatility

INPFX vs. FASIX - Volatility Comparison

American Funds Conservative Growth and Income Portfolio Class F-1 (INPFX) has a higher volatility of 1.41% compared to Fidelity Asset Manager 20% Fund (FASIX) at 1.31%. This indicates that INPFX's price experiences larger fluctuations and is considered to be riskier than FASIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	INPFX	FASIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.41%	1.31%	+0.10%
Volatility (6M) Calculated over the trailing 6-month period	4.90%	3.90%	+1.00%
Volatility (1Y) Calculated over the trailing 1-year period	6.13%	4.56%	+1.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	7.54%	5.13%	+2.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	8.31%	4.68%	+3.63%

INPFX vs. FASIX - Expense Ratio Comparison

INPFX has a 0.66% expense ratio, which is higher than FASIX's 0.51% expense ratio.

Dividends

INPFX vs. FASIX - Dividend Comparison

INPFX's dividend yield for the trailing twelve months is around 5.39%, more than FASIX's 3.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FASIX Fidelity Asset Manager 20% Fund	2.78%	3.21%	3.34%	3.17%	4.55%	1.63%	2.16%	3.02%	4.11%	3.23%	1.85%	3.95%
INPFX American Funds Conservative Growth and Income Portfolio Class F-1	5.39%	5.61%	5.15%	4.76%	4.84%	4.38%	5.54%	4.53%	4.79%	3.25%	3.53%	3.85%

Frequently Asked Questions

Can I hold both INPFX and FASIX in my portfolio?

INPFX and FASIX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, INPFX or FASIX?

INPFX has higher volatility (1.41%) compared to FASIX (1.31%). In terms of maximum drawdown, INPFX dropped -21.31% vs FASIX's -19.61%.

Which has better risk-adjusted returns?

FASIX currently has the higher Sharpe Ratio (1.85 vs 1.82), 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.