STXAX vs. FMFMX
Compare and contrast key facts about Western Asset Municipal High Income Fund (STXAX) and Fidelity Advisor Series Equity Growth Fund (FMFMX).
STXAX is managed by Franklin Templeton. It was launched on Nov 5, 1992. FMFMX is managed by Fidelity. It was launched on Jun 6, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: STXAX or FMFMX.
Correlation
The correlation between STXAX and FMFMX is 0.03, 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.
Performance
STXAX vs. FMFMX - Performance Comparison
Key characteristics
STXAX:
0.87
FMFMX:
-0.14
STXAX:
1.21
FMFMX:
0.01
STXAX:
1.17
FMFMX:
1.00
STXAX:
0.70
FMFMX:
-0.16
STXAX:
3.03
FMFMX:
-0.41
STXAX:
1.11%
FMFMX:
9.67%
STXAX:
3.90%
FMFMX:
27.65%
STXAX:
-21.99%
FMFMX:
-41.61%
STXAX:
-1.57%
FMFMX:
-22.07%
Returns By Period
In the year-to-date period, STXAX achieves a 0.17% return, which is significantly lower than FMFMX's 3.21% return. Over the past 10 years, STXAX has underperformed FMFMX with an annualized return of 2.60%, while FMFMX has yielded a comparatively higher 4.95% annualized return.
STXAX
0.17%
1.51%
0.27%
3.62%
1.14%
2.60%
FMFMX
3.21%
3.47%
-13.54%
-4.59%
1.86%
4.95%
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STXAX vs. FMFMX - Expense Ratio Comparison
STXAX has a 0.83% expense ratio, which is higher than FMFMX's 0.00% expense ratio.
Risk-Adjusted Performance
STXAX vs. FMFMX — Risk-Adjusted Performance Rank
STXAX
FMFMX
STXAX vs. FMFMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Western Asset Municipal High Income Fund (STXAX) and Fidelity Advisor Series Equity Growth Fund (FMFMX). 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
STXAX vs. FMFMX - Dividend Comparison
STXAX's dividend yield for the trailing twelve months is around 3.80%, more than FMFMX's 0.66% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
STXAX Western Asset Municipal High Income Fund | 3.80% | 3.81% | 3.90% | 3.61% | 2.98% | 3.33% | 4.12% | 4.30% | 4.29% | 4.12% | 4.41% | 4.40% |
FMFMX Fidelity Advisor Series Equity Growth Fund | 0.66% | 0.69% | 0.72% | 0.94% | 1.21% | 0.78% | 0.92% | 1.09% | 0.66% | 0.12% | 0.21% | 0.06% |
Drawdowns
STXAX vs. FMFMX - Drawdown Comparison
The maximum STXAX drawdown since its inception was -21.99%, smaller than the maximum FMFMX drawdown of -41.61%. Use the drawdown chart below to compare losses from any high point for STXAX and FMFMX. For additional features, visit the drawdowns tool.
Volatility
STXAX vs. FMFMX - Volatility Comparison
The current volatility for Western Asset Municipal High Income Fund (STXAX) is 1.25%, while Fidelity Advisor Series Equity Growth Fund (FMFMX) has a volatility of 5.68%. This indicates that STXAX experiences smaller price fluctuations and is considered to be less risky than FMFMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.