- ISIN
- US3158057055
- Issuer
- Fidelity
- Inception Date
- Feb 20, 1996
- Category
- Large Cap Value Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
FALGX Performance Chart
Fidelity Advisor Large Cap Fund Class M (FALGX) is up 0.0% since the beginning of the year. FALGX is currently trading at $54 per share. Investors who bought $1,000 worth of FALGX shares 5 years ago would now be looking at an investment worth $1,715.
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Returns By Period
Fidelity Advisor Large Cap Fund Class M (FALGX) has returned 0.00% so far this year and 11.21% over the past 12 months. Over the last ten years, FALGX has returned 13.17% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Fidelity Advisor Large Cap Fund Class M
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- 0.00%
- 1Y
- 11.21%
- 3Y*
- 15.55%
- 5Y*
- 11.39%
- 10Y*
- 13.17%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FALGX Monthly Returns History
Based on dividend-adjusted daily data since Feb 20, 1996, FALGX's average daily return is +0.04%, while the average monthly return is +0.84%. At this rate, an investment would double in approximately 6.9 years.
Historically, 61% of months were positive and 39% were negative. The best month was Apr 2009 with a return of +17.5%, while the worst month was Oct 2008 at -20.2%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 6 months.
On a daily basis, FALGX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +11.9%, while the worst single day was Mar 16, 2020 at -11.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | ||||||
| 2025 | 4.29% | -1.57% | -5.04% | -0.45% | 8.47% | 6.31% | 3.10% | 1.71% | 2.72% | 1.66% | -2.81% | 0.00% | 19.09% |
| 2024 | 1.42% | 5.04% | 4.96% | -2.10% | 4.53% | 1.83% | 1.39% | 1.98% | 1.80% | 0.41% | 5.59% | -8.75% | 18.68% |
| 2023 | 7.93% | -2.31% | 0.87% | 2.35% | -1.69% | 6.00% | 4.40% | -2.18% | -3.23% | -3.23% | 8.13% | 4.77% | 22.88% |
| 2022 | 0.21% | -0.99% | 0.67% | -7.43% | 2.80% | -9.86% | 8.01% | -2.60% | -9.62% | 11.83% | 5.89% | -5.05% | -8.40% |
| 2021 | -0.50% | 6.98% | 5.31% | 4.37% | 2.71% | -0.16% | -0.26% | 1.29% | -3.11% | 5.88% | -4.04% | 4.93% | 25.20% |
Benchmark Metrics
Fidelity Advisor Large Cap Fund Class M has an annualized alpha of 0.42%, beta of 1.04, and R2 of 0.93 versus S&P 500 Index. Calculated based on daily prices since February 20, 1996.
- This fund captured 106.72% of S&P 500 Index gains and 104.03% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- With beta of 1.04 and R2 of 0.93, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 0.42%
- Beta
- 1.04
- R²
- 0.93
- Upside Capture
- 106.72%
- Downside Capture
- 104.03%
Expense Ratio
FALGX has a high expense ratio of 1.05%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
FALGX ranks 43 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Advisor Large Cap Fund Class M (FALGX) and compare them to S&P 500 Index.
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.
| FALGX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.37 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 2.54 | 2.78 | -0.25 |
| Martin ratioReturn relative to average drawdown | 4.12 | 12.44 | -8.32 |
Dividends
Dividend History
Fidelity Advisor Large Cap Fund Class M provided a 5.76% dividend yield over the last twelve months, with an annual payout of $3.09 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.09 | $3.09 | $0.00 | $1.28 | $0.64 | $2.41 | $1.67 | $2.60 | $4.35 | $2.13 | $0.56 | $0.73 |
Dividend yield | 5.76% | 5.76% | 0.00% | 3.20% | 1.91% | 6.44% | 5.25% | 8.39% | 16.99% | 6.42% | 1.85% | 2.74% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Large Cap Fund Class M. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.09 | $0.00 | $3.09 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.28 | $1.28 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.64 | $0.64 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.41 | $2.41 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Advisor Large Cap Fund Class M. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Advisor Large Cap Fund Class M was 64.07%, occurring on Mar 9, 2009. Recovery took 962 trading sessions.
The current Fidelity Advisor Large Cap Fund Class M drawdown is 4.20%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -64.07%Mar 2009 | 8y 11mo | 3y 10mo | 12y 9moMar 2000 - Jan 2013 |
COVID crash2020 | -37.58%Mar 2020 | 2mo 2d | 7mo 28d | 10moJan 2020 - Nov 2020 |
2016 bear market2016 | -22.21%Feb 2016 | 7mo 22d | 9mo 2d | 1y 4moJun 2015 - Nov 2016 |
Rate-hike selloffLate 2018 | -22.05%Dec 2018 | 3mo 1d | 10mo 3d | 1y 29dSep 2018 - Oct 2019 |
2025 selloff2025 | -21.78%Apr 2025 | 4mo 4d | 2mo 19d | 6mo 23dDec 2024 - Jun 2025 |
Drawdown Indicators
| FALGX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.07% | -56.78% | -7.29% |
Max Drawdown (1Y)Largest decline over 1 year | -5.06% | -9.10% | +4.04% |
Max Drawdown (3Y)Largest decline over 3 years | -21.78% | -18.90% | -2.88% |
Max Drawdown (5Y)Largest decline over 5 years | -21.78% | -25.43% | +3.65% |
Max Drawdown (10Y)Largest decline over 10 years | -37.58% | -33.92% | -3.66% |
Current DrawdownCurrent decline from peak | -4.20% | -1.80% | -2.40% |
Average DrawdownAverage peak-to-trough decline | -14.41% | -10.71% | -3.70% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.92% | 2.03% | +0.89% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Build a portfolio with FALGX
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