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Fidelity Advisor Global Commodity Stock Fund Class Z (FIQRX) Sharpe Ratio: 2.13

Mutual Fund · Currency in USD · Last updated Jun 24, 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 2.13 indicates that for each unit of volatility, it generates 2.13 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 24, 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.

FIQRX Sharpe Ratio Rank

FIQRX Sharpe Ratio Rank: 61.762
Above Average

FIQRX ranks above 61.7% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. 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

  • Above-average risk-adjusted returns with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio efficiency

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%): 1.30 or lower
  • Yellow zone (middle 50%): 1.30 to 2.32
  • Green zone (top 25%): 2.32 or higher
  • Top 1%: 4.30+
  • Median: 1.93 — 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 24, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
FIQRXFidelity Advisor Global Commodity Stock Fund Class Z2.13
FFGCXFidelity Global Commodity Stock Fund2.12
FFGIXFidelity Advisor Global Commodity Stock Fund Class I2.12
FFGAXFidelity Advisor Global Commodity Stock Fund Class A2.10
JCRAXALPS/CoreCommodity Management CompleteCommoditiesSM Strategy Fund2.08
FFGTXFidelity Advisor Global Commodity Stock Fund Class M2.08
FCGCXFidelity Advisor Global Commodity Stock Fund Class C2.04
EIPCXParametric Commodity Strategy Fund Class I2.02
EAPCXParametric Commodity Strategy Fund Class A1.99
BRCYXInvesco Balanced-Risk Commodity Strategy Fund1.89

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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How does FIQRX fit in your portfolio?

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