NHS vs. FIQTX
Compare and contrast key facts about Neuberger Berman High Yield Strategies Fund (NHS) and Fidelity Advisor High Income Advantage Fund Class Z (FIQTX).
NHS is an actively managed fund by Neuberger Berman. It was launched on Jul 28, 2003. FIQTX is managed by Fidelity. It was launched on Oct 2, 2018.
Performance
NHS vs. FIQTX - Performance Comparison
Loading graphics...
NHS vs. FIQTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
NHS Neuberger Berman High Yield Strategies Fund | -9.47% | 14.81% | 11.04% | 6.12% | -22.99% | 15.78% | 4.57% | 39.03% | -8.13% |
FIQTX Fidelity Advisor High Income Advantage Fund Class Z | 0.47% | 12.17% | 10.38% | 12.37% | -11.16% | 11.13% | 9.06% | 17.93% | -6.84% |
Returns By Period
In the year-to-date period, NHS achieves a -9.47% return, which is significantly lower than FIQTX's 0.47% return.
NHS
- 1D
- 0.15%
- 1M
- -14.94%
- YTD
- -9.47%
- 6M
- -6.82%
- 1Y
- -1.78%
- 3Y*
- 5.86%
- 5Y*
- -0.76%
- 10Y*
- 6.10%
FIQTX
- 1D
- 1.21%
- 1M
- -1.84%
- YTD
- 0.47%
- 6M
- 1.90%
- 1Y
- 13.62%
- 3Y*
- 10.49%
- 5Y*
- 5.80%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
NHS vs. FIQTX - Expense Ratio Comparison
NHS has a 4.14% expense ratio, which is higher than FIQTX's 0.64% expense ratio.
Return for Risk
NHS vs. FIQTX — Risk / Return Rank
NHS
FIQTX
NHS vs. FIQTX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Neuberger Berman High Yield Strategies Fund (NHS) 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.
| NHS | FIQTX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | -0.11 | 2.08 | -2.20 |
Sortino ratioReturn per unit of downside risk | -0.04 | 2.90 | -2.95 |
Omega ratioGain probability vs. loss probability | 0.99 | 1.44 | -0.44 |
Calmar ratioReturn relative to maximum drawdown | -0.09 | 3.30 | -3.39 |
Martin ratioReturn relative to average drawdown | -0.41 | 14.47 | -14.88 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| NHS | FIQTX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.11 | 2.08 | -2.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.05 | 0.92 | -0.97 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.83 | -0.48 |
Correlation
The correlation between NHS and FIQTX is 0.48, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
NHS vs. FIQTX - Dividend Comparison
NHS's dividend yield for the trailing twelve months is around 16.73%, more than FIQTX's 4.44% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
NHS Neuberger Berman High Yield Strategies Fund | 16.73% | 14.60% | 14.50% | 13.94% | 12.75% | 8.74% | 9.29% | 7.99% | 8.37% | 7.59% | 8.23% | 9.81% |
FIQTX Fidelity Advisor High Income Advantage Fund Class Z | 4.44% | 4.83% | 5.06% | 4.79% | 7.43% | 5.01% | 3.80% | 4.61% | 2.54% | 0.00% | 0.00% | 0.00% |
Drawdowns
NHS vs. FIQTX - Drawdown Comparison
The maximum NHS drawdown since its inception was -64.67%, which is greater than FIQTX's maximum drawdown of -28.49%. Use the drawdown chart below to compare losses from any high point for NHS and FIQTX.
Loading graphics...
Drawdown Indicators
| NHS | FIQTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.67% | -28.49% | -36.18% |
Max Drawdown (1Y)Largest decline over 1 year | -17.43% | -4.34% | -13.09% |
Max Drawdown (5Y)Largest decline over 5 years | -37.43% | -15.16% | -22.27% |
Max Drawdown (10Y)Largest decline over 10 years | -42.97% | — | — |
Current DrawdownCurrent decline from peak | -14.94% | -1.95% | -12.99% |
Average DrawdownAverage peak-to-trough decline | -8.82% | -3.37% | -5.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.00% | 0.99% | +3.01% |
Volatility
NHS vs. FIQTX - Volatility Comparison
Neuberger Berman High Yield Strategies Fund (NHS) has a higher volatility of 6.23% compared to Fidelity Advisor High Income Advantage Fund Class Z (FIQTX) at 2.65%. This indicates that NHS's price experiences larger fluctuations and is considered to be riskier than FIQTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| NHS | FIQTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.23% | 2.65% | +3.58% |
Volatility (6M)Calculated over the trailing 6-month period | 10.99% | 4.31% | +6.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.02% | 6.72% | +9.30% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.17% | 6.32% | +9.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.67% | 8.40% | +8.27% |