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RCRYX vs. FIQTX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

RCRYX vs. FIQTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pioneer Corporate High Yield Fund (RCRYX) and Fidelity Advisor High Income Advantage Fund Class Z (FIQTX). The values are adjusted to include any dividend payments, if applicable.

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RCRYX vs. FIQTX - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
RCRYX
Pioneer Corporate High Yield Fund
0.29%7.00%8.07%8.30%-12.08%5.65%4.25%9.77%-1.94%
FIQTX
Fidelity Advisor High Income Advantage Fund Class Z
-0.73%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, RCRYX achieves a 0.29% return, which is significantly higher than FIQTX's -0.73% return.


RCRYX

1D
0.00%
1M
-1.07%
YTD
0.29%
6M
1.39%
1Y
5.94%
3Y*
6.94%
5Y*
2.81%
10Y*
4.17%

FIQTX

1D
-0.52%
1M
-2.85%
YTD
-0.73%
6M
0.86%
1Y
12.57%
3Y*
10.05%
5Y*
5.63%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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RCRYX vs. FIQTX - Expense Ratio Comparison

RCRYX has a 0.60% expense ratio, which is lower than FIQTX's 0.64% expense ratio.


Return for Risk

RCRYX vs. FIQTX — Risk / Return Rank

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

RCRYX
RCRYX Risk / Return Rank: 9797
Overall Rank
RCRYX Sharpe Ratio Rank: 9797
Sharpe Ratio Rank
RCRYX Sortino Ratio Rank: 9898
Sortino Ratio Rank
RCRYX Omega Ratio Rank: 9797
Omega Ratio Rank
RCRYX Calmar Ratio Rank: 9595
Calmar Ratio Rank
RCRYX Martin Ratio Rank: 9696
Martin Ratio Rank

FIQTX
FIQTX Risk / Return Rank: 9292
Overall Rank
FIQTX Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
FIQTX Sortino Ratio Rank: 9292
Sortino Ratio Rank
FIQTX Omega Ratio Rank: 9191
Omega Ratio Rank
FIQTX Calmar Ratio Rank: 9292
Calmar Ratio Rank
FIQTX Martin Ratio Rank: 9494
Martin Ratio Rank
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.

RCRYX vs. FIQTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pioneer Corporate High Yield Fund (RCRYX) 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.


RCRYXFIQTXDifference

Sharpe ratio

Return per unit of total volatility

2.61

1.96

+0.65

Sortino ratio

Return per unit of downside risk

4.37

2.71

+1.66

Omega ratio

Gain probability vs. loss probability

1.73

1.41

+0.33

Calmar ratio

Return relative to maximum drawdown

3.35

2.79

+0.56

Martin ratio

Return relative to average drawdown

15.13

12.34

+2.78

RCRYX vs. FIQTX - Sharpe Ratio Comparison

The current RCRYX Sharpe Ratio is 2.61, which is higher than the FIQTX Sharpe Ratio of 1.96. The chart below compares the historical Sharpe Ratios of RCRYX and FIQTX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


RCRYXFIQTXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.61

1.96

+0.65

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.68

0.90

-0.22

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.93

Sharpe Ratio (All Time)

Calculated using the full available price history

1.00

0.82

+0.18

Correlation

The correlation between RCRYX and FIQTX is 0.58, 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

RCRYX vs. FIQTX - Dividend Comparison

RCRYX's dividend yield for the trailing twelve months is around 4.81%, more than FIQTX's 4.50% yield.


TTM20252024202320222021202020192018201720162015
RCRYX
Pioneer Corporate High Yield Fund
4.81%5.39%5.13%3.95%4.45%4.71%4.76%4.51%4.44%5.01%6.44%4.43%
FIQTX
Fidelity Advisor High Income Advantage Fund Class Z
4.50%4.83%5.06%4.79%7.43%5.01%3.80%4.61%2.54%0.00%0.00%0.00%

Drawdowns

RCRYX vs. FIQTX - Drawdown Comparison

The maximum RCRYX drawdown since its inception was -21.13%, smaller than the maximum FIQTX drawdown of -28.49%. Use the drawdown chart below to compare losses from any high point for RCRYX and FIQTX.


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Drawdown Indicators


RCRYXFIQTXDifference

Max Drawdown

Largest peak-to-trough decline

-21.13%

-28.49%

+7.36%

Max Drawdown (1Y)

Largest decline over 1 year

-1.81%

-4.34%

+2.53%

Max Drawdown (5Y)

Largest decline over 5 years

-14.92%

-15.16%

+0.24%

Max Drawdown (10Y)

Largest decline over 10 years

-21.13%

Current Drawdown

Current decline from peak

-1.07%

-3.12%

+2.05%

Average Drawdown

Average peak-to-trough decline

-2.47%

-3.37%

+0.90%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.40%

0.98%

-0.58%

Volatility

RCRYX vs. FIQTX - Volatility Comparison

The current volatility for Pioneer Corporate High Yield Fund (RCRYX) is 0.66%, while Fidelity Advisor High Income Advantage Fund Class Z (FIQTX) has a volatility of 2.30%. This indicates that RCRYX experiences smaller price fluctuations and is considered to be less risky than FIQTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


RCRYXFIQTXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.66%

2.30%

-1.64%

Volatility (6M)

Calculated over the trailing 6-month period

1.56%

4.15%

-2.59%

Volatility (1Y)

Calculated over the trailing 1-year period

2.44%

6.63%

-4.19%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.17%

6.30%

-2.13%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.51%

8.39%

-3.88%