RIRGX vs. FIQDX

Last updated Jun 27, 2026

RIRGX (American Funds Capital Income Builder Fund Class R6) and FIQDX (Fidelity Advisor Strategic Real Return Fund Class Z) are both Diversified Portfolio funds. Over the past 5 years, RIRGX returned 8.71%/yr vs 5.91%/yr for FIQDX. A 0.70 correlation means they provide meaningful diversification when combined. RIRGX charges 0.26%/yr vs 0.61%/yr for FIQDX.

Performance

RIRGX vs. FIQDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds Capital Income Builder Fund Class R6 (RIRGX) and Fidelity Advisor Strategic Real Return Fund Class Z (FIQDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RIRGX achieves a 7.60% return, which is significantly higher than FIQDX's 6.22% return.

RIRGX

• 1D: 0.33%
• 1M: 0.07%
• YTD: 7.60%
• 6M: 7.18%
• 1Y: 16.51%
• 3Y*: 14.99%
• 5Y*: 8.71%
• 10Y*: 8.45%

FIQDX

• 1D: 0.32%
• 1M: -1.89%
• YTD: 6.22%
• 6M: 5.62%
• 1Y: 12.58%
• 3Y*: 9.05%
• 5Y*: 5.91%
• 10Y*: —

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

RIRGX vs. FIQDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
RIRGX American Funds Capital Income Builder Fund Class R6	7.60%	20.76%	9.78%	9.31%	-6.85%	15.39%	3.31%	17.61%	-5.53%
FIQDX Fidelity Advisor Strategic Real Return Fund Class Z	6.22%	10.40%	6.03%	4.55%	-3.17%	15.96%	3.79%	10.63%	-4.90%

Correlation

The correlation between RIRGX and FIQDX is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.58
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (All Time) Calculated using the full available price history since Oct 4, 2018	0.70

The correlation between RIRGX and FIQDX shifts across timeframes, from 0.58 (1 year) to 0.71 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

RIRGX vs. FIQDX — Risk / Return Rank

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

RIRGX

RIRGX Risk / Return Rank: 71
RIRGX Sharpe Ratio Rank: 75
RIRGX Sortino Ratio Rank: 74
RIRGX Omega Ratio Rank: 74
RIRGX Calmar Ratio Rank: 66
RIRGX Martin Ratio Rank: 65

FIQDX

FIQDX Risk / Return Rank: 90
FIQDX Sharpe Ratio Rank: 93
FIQDX Sortino Ratio Rank: 88
FIQDX Omega Ratio Rank: 87
FIQDX Calmar Ratio Rank: 89
FIQDX Martin Ratio Rank: 94

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.

RIRGX vs. FIQDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds Capital Income Builder Fund Class R6 (RIRGX) and Fidelity Advisor Strategic Real Return Fund Class Z (FIQDX). 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.

	RIRGX	FIQDX	Difference
Sharpe ratio: Return per unit of total volatility	2.12	2.73	-0.61
Sortino ratio: Return per unit of downside risk	3.02	3.78	-0.76
Omega ratio: Gain probability vs. loss probability	1.40	1.53	-0.13
Calmar ratio: Return relative to maximum drawdown	2.69	3.85	-1.15
Martin ratio: Return relative to average drawdown	10.68	17.34	-6.66

RIRGX vs. FIQDX - Sharpe Ratio Comparison

The current RIRGX Sharpe Ratio is 2.12, which is comparable to the FIQDX Sharpe Ratio of 2.73. The chart below compares the historical Sharpe Ratios of RIRGX and FIQDX, 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

RIRGX vs. FIQDX - Drawdown Comparison

The maximum RIRGX drawdown since its inception was -25.25%, which is greater than FIQDX's maximum drawdown of -19.98%. Use the drawdown chart below to compare losses from any high point for RIRGX and FIQDX.

Drawdown Indicators

	RIRGX	FIQDX	Difference
Max Drawdown Largest peak-to-trough decline	-25.25%	-19.98%	-5.27%
Max Drawdown (1Y) Largest decline over 1 year	-6.47%	-3.42%	-3.05%
Max Drawdown (3Y) Largest decline over 3 years	-8.88%	-5.91%	-2.97%
Max Drawdown (5Y) Largest decline over 5 years	-17.45%	-12.79%	-4.66%
Max Drawdown (10Y) Largest decline over 10 years	-25.25%	—	—
Current Drawdown Current decline from peak	-0.69%	-3.11%	+2.42%
Average Drawdown Average peak-to-trough decline	-3.05%	-2.97%	-0.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.63%	0.76%	+0.87%

Volatility

RIRGX vs. FIQDX - Volatility Comparison

American Funds Capital Income Builder Fund Class R6 (RIRGX) has a higher volatility of 2.50% compared to Fidelity Advisor Strategic Real Return Fund Class Z (FIQDX) at 1.51%. This indicates that RIRGX's price experiences larger fluctuations and is considered to be riskier than FIQDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RIRGX	FIQDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.50%	1.51%	+0.99%
Volatility (6M) Calculated over the trailing 6-month period	6.63%	3.76%	+2.87%
Volatility (1Y) Calculated over the trailing 1-year period	8.22%	4.83%	+3.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	10.02%	6.92%	+3.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.81%	7.40%	+3.41%

RIRGX vs. FIQDX - Expense Ratio Comparison

RIRGX has a 0.26% expense ratio, which is lower than FIQDX's 0.61% expense ratio.

Dividends

RIRGX vs. FIQDX - Dividend Comparison

RIRGX's dividend yield for the trailing twelve months is around 7.61%, more than FIQDX's 4.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIQDX Fidelity Advisor Strategic Real Return Fund Class Z	4.29%	4.75%	4.88%	5.38%	7.39%	5.44%	2.29%	3.17%	8.46%	0.00%	0.00%	0.00%
RIRGX American Funds Capital Income Builder Fund Class R6	7.61%	8.03%	5.35%	3.79%	3.77%	3.46%	3.49%	4.41%	4.12%	4.73%	2.88%	3.92%

Frequently Asked Questions

Can I hold both RIRGX and FIQDX in my portfolio?

RIRGX and FIQDX have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RIRGX or FIQDX?

RIRGX has higher volatility (2.50%) compared to FIQDX (1.51%). In terms of maximum drawdown, RIRGX dropped -25.25% vs FIQDX's -19.98%.

Which has better risk-adjusted returns?

FIQDX currently has the higher Sharpe Ratio (2.73 vs 2.12), 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.