LCCMX vs. FADMX
Compare and contrast key facts about Leader Short Term High Yield Bond Fund (LCCMX) and Fidelity Strategic Income Fund (FADMX).
LCCMX is managed by LEADER. It was launched on Jul 14, 2005. FADMX is managed by Fidelity. It was launched on Oct 31, 1994.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LCCMX or FADMX.
Performance
LCCMX vs. FADMX - Performance Comparison
Returns By Period
In the year-to-date period, LCCMX achieves a 16.89% return, which is significantly higher than FADMX's 6.62% return.
LCCMX
16.89%
1.61%
5.59%
22.60%
5.34%
2.42%
FADMX
6.62%
0.01%
4.57%
11.38%
2.45%
N/A
Key characteristics
| LCCMX | FADMX | |
|---|---|---|
| Sharpe Ratio | 4.94 | 2.90 |
| Sortino Ratio | 12.74 | 4.63 |
| Omega Ratio | 3.05 | 1.59 |
| Calmar Ratio | 3.37 | 1.30 |
| Martin Ratio | 60.42 | 17.03 |
| Ulcer Index | 0.37% | 0.66% |
| Daily Std Dev | 4.54% | 3.84% |
| Max Drawdown | -24.81% | -16.68% |
| Current Drawdown | -0.12% | -0.92% |
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LCCMX vs. FADMX - Expense Ratio Comparison
LCCMX has a 2.55% expense ratio, which is higher than FADMX's 0.66% expense ratio.
Correlation
The correlation between LCCMX and FADMX is 0.39, 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.
Risk-Adjusted Performance
LCCMX vs. FADMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Leader Short Term High Yield Bond Fund (LCCMX) and Fidelity Strategic Income Fund (FADMX). 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.
Dividends
LCCMX vs. FADMX - Dividend Comparison
LCCMX's dividend yield for the trailing twelve months is around 10.74%, more than FADMX's 4.33% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LCCMX Leader Short Term High Yield Bond Fund | 10.74% | 9.70% | 6.24% | 2.11% | 2.11% | 2.99% | 2.89% | 2.11% | 2.19% | 2.54% | 2.35% | 2.44% |
FADMX Fidelity Strategic Income Fund | 4.33% | 4.32% | 3.67% | 2.75% | 3.33% | 3.46% | 2.61% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
LCCMX vs. FADMX - Drawdown Comparison
The maximum LCCMX drawdown since its inception was -24.81%, which is greater than FADMX's maximum drawdown of -16.68%. Use the drawdown chart below to compare losses from any high point for LCCMX and FADMX. For additional features, visit the drawdowns tool.
Volatility
LCCMX vs. FADMX - Volatility Comparison
Leader Short Term High Yield Bond Fund (LCCMX) and Fidelity Strategic Income Fund (FADMX) have volatilities of 0.92% and 0.89%, 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.