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Fidelity Advisor Large Cap Fund Class Z (FIDLX) Sharpe Ratio: 1.71
Delisted

Mutual Fund · Currency in USD · Last updated Jun 25, 2026

The fund normally invests at least 80% of its assets in securities of companies with large market capitalizations (which, for purposes of this fund, are those companies with market capitalizations similar to companies in the Russell 1000 Index or the S&P 500 Index). The fund invests in domestic and foreign issuers. It invests in either "growth" stocks or "value" stocks or both.

FIDLX's Sharpe Ratio of 1.71 indicates that for each unit of volatility, it generates 1.71 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 25, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

FIDLX Sharpe Ratio Market Positioning

The chart shows FIDLX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.19 or lower
  • Yellow zone (middle 50%): 1.19 to 2.13
  • Green zone (top 25%): 2.13 or higher
  • Top 1%: 4.05+
  • Median: 1.76 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Fidelity Advisor Large Cap Fund Class Z's Sharpe Ratio with other mutual funds in the Large Cap Value Equities category across multiple time periods, showing how FIDLX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 25, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
FGIPXNomura Growth and Income Fund Institutional Class3.53
FGINXDelaware Growth and Income Fund3.52
VALAXAl Frank Fund3.38
SABTXSA U.S. Value Fund3.21
IDIVXIntegrity Dividend Harvest Fund3.19
AVLVXAvantis U.S. Large Cap Value Fund Institutional Class3.13
NPRTXNeuberger Berman Large Cap Value Fund3.11
MALVXBlackRock Advantage Large Cap Value Fund3.09
LSVVXLSV Conservative Value Equity Fund3.02
SLVIXColumbia Select Large Cap Value Fund Institutional Class 23.02
FIDLXFidelity Advisor Large Cap Fund Class Z—

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows FIDLX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when FIDLX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does FIDLX fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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