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Fidelity Advisor Global Commodity Stock Fund Class Z (FIQRX) Sharpe Ratio: 3.21

Mutual Fund · Currency in USD · Last updated Jun 3, 2026

The investment seeks capital appreciation. The fund invests in securities issued throughout the world. It invests primarily in common stocks. The fund invests at least 80% of assets in stocks of companies principally engaged in the energy, metals, and agriculture group of industries. It allocates investments across different countries and regions. The fund uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments. It is non-diversified.

FIQRX's Sharpe Ratio of 3.21 indicates that for each unit of volatility, it generates 3.21 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 3, 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.

FIQRX Sharpe Ratio Rank

FIQRX Sharpe Ratio Rank: 93.794
Exceptional

FIQRX ranks above 93.7% of all investments in our database based on Sharpe Ratio over the past 12 months, demonstrating exceptional risk-adjusted returns. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Suitable as a core holding given strong risk-adjusted returns
  • Monitor rank changes to detect deteriorating return-to-volatility profile
  • Exceptional Sharpe ratio supports larger position sizes
  • Compare with category peers to assess whether strength is investment-specific or category-wide

FIQRX Sharpe Ratio Market Positioning

The chart shows FIQRX'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%): 1.42 or lower
  • Yellow zone (middle 50%): 1.42 to 2.51
  • Green zone (top 25%): 2.51 or higher
  • Top 1%: 4.64+
  • Median: 2.09 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Fidelity Advisor Global Commodity Stock Fund Class Z's Sharpe Ratio with other mutual funds in the Commodities category across multiple time periods, showing how FIQRX'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 3, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
JCRAXALPS/CoreCommodity Management CompleteCommoditiesSM Strategy Fund3.42
FIQRXFidelity Advisor Global Commodity Stock Fund Class Z3.21
FFGCXFidelity Global Commodity Stock Fund3.20
EIPCXParametric Commodity Strategy Fund Class I3.20
FFGIXFidelity Advisor Global Commodity Stock Fund Class I3.19
FFGAXFidelity Advisor Global Commodity Stock Fund Class A3.17
BRCYXInvesco Balanced-Risk Commodity Strategy Fund3.16
EAPCXParametric Commodity Strategy Fund Class A3.15
FFGTXFidelity Advisor Global Commodity Stock Fund Class M3.14
BRCAXInvesco Balanced-Risk Commodity Strategy Fund Class A3.12

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows FIQRX'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 FIQRX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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