Fidelity Advisor Gold Fund Class I (FGDIX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in Fidelity Advisor Gold Fund Class I, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Fidelity Advisor Gold Fund Class I (FGDIX) has returned 1.81% so far this year and 84.61% over the past 12 months. Looking at the last ten years, FGDIX has achieved an annualized return of 14.04%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.

Based on dividend-adjusted daily data since Dec 1, 2005, FGDIX's average daily return is +0.05%, while the average monthly return is +0.94%. At this rate, your investment would double in approximately 6.2 years.

Historically, 52% of months were positive and 48% were negative. The best month was Apr 2020 with a return of +38.9%, while the worst month was Oct 2008 at -35.3%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 9 months.

On a daily basis, FGDIX closed higher 50% of trading days. The best single day was Nov 21, 2008 with a return of +24.0%, while the worst single day was Oct 22, 2008 at -15.4%.

Fidelity Advisor Gold Fund Class I has an annualized alpha of 6.17%, beta of 0.58, and R² of 0.10 versus S&P 500 Index. Calculated based on daily prices since December 02, 2005.

• This fund participated in 54.85% of S&P 500 Index downside but only 49.43% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.58 may look defensive, but with R² of 0.10 this fund is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R² of 0.10 means this fund moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

FGDIX has an expense ratio of 0.76%, placing it in the medium range.

FGDIX ranks 89 for risk / return — in the top 89% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for Fidelity Advisor Gold Fund Class I (FGDIX) and compare them to a chosen benchmark (S&P 500 Index).

Fidelity Advisor Gold Fund Class I provided a 2.06% dividend yield over the last twelve months, with an annual payout of $1.23 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for Fidelity Advisor Gold Fund Class I. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Fidelity Advisor Gold Fund Class I. 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 Gold Fund Class I was 77.15%, occurring on Jan 19, 2016. Recovery took 2422 trading sessions.

The current Fidelity Advisor Gold Fund Class I drawdown is 25.43%.

The chart below shows the rolling one-month volatility.