- ISIN
- US3158051686
- CUSIP
- 315805168
- Issuer
- Fidelity
- Inception Date
- Jun 6, 2014
- Category
- Large Cap Growth Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
FMFMX Performance Chart
Fidelity Advisor Series Equity Growth Fund (FMFMX) is up 13.3% since the beginning of the year. FMFMX is currently trading at $18 per share. Investors who bought $1,000 worth of FMFMX shares 5 years ago would now be looking at an investment worth $1,909.
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Returns By Period
Fidelity Advisor Series Equity Growth Fund (FMFMX) has returned 13.31% so far this year and 28.27% over the past 12 months. Looking at the last ten years, FMFMX has achieved an annualized return of 19.50%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.
Fidelity Advisor Series Equity Growth Fund
- 1D
- 1.74%
- 1M
- 1.28%
- YTD
- 13.31%
- 6M
- 12.89%
- 1Y
- 28.27%
- 3Y*
- 23.83%
- 5Y*
- 13.80%
- 10Y*
- 19.50%
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%
FMFMX Monthly Returns History
Based on dividend-adjusted daily data since Jun 11, 2014, FMFMX's average daily return is +0.07%, while the average monthly return is +1.40%. At this rate, an investment would double in approximately 4.2 years.
Historically, 63% of months were positive and 37% were negative. The best month was Apr 2020 with a return of +15.0%, while the worst month was Mar 2020 at -10.9%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 4 months.
On a daily basis, FMFMX closed higher 54% of trading days. The best single day was Dec 13, 2024 with a return of +24.8%, while the worst single day was Dec 16, 2024 at -20.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.06% | -1.30% | -5.01% | 13.32% | 6.58% | -0.98% | 13.31% | ||||||
| 2025 | 2.45% | -3.19% | -7.54% | 0.55% | 8.59% | 6.21% | 3.55% | -0.29% | 4.12% | 2.97% | -1.39% | -0.96% | 14.98% |
| 2024 | 4.06% | 8.85% | 2.50% | -4.44% | 5.75% | 5.38% | -1.62% | 3.07% | 2.16% | -0.65% | 4.61% | -1.67% | 30.90% |
| 2023 | 6.77% | -1.64% | 5.25% | 0.08% | 4.69% | 6.71% | 3.79% | -0.65% | -5.45% | -2.15% | 10.78% | 5.07% | 37.23% |
| 2022 | -8.42% | -2.45% | 4.61% | -10.76% | -1.45% | -6.41% | 9.84% | -4.01% | -9.26% | 4.77% | 5.42% | -6.07% | -23.65% |
| 2021 | 1.05% | 1.60% | 0.54% | 6.01% | -0.34% | 4.32% | 1.80% | 4.60% | -6.04% | 8.17% | -0.60% | -3.12% | 18.56% |
Benchmark Metrics
Fidelity Advisor Series Equity Growth Fund has an annualized alpha of 4.30%, beta of 1.07, and R2 of 0.73 versus S&P 500 Index. Calculated based on daily prices since June 11, 2014.
- This fund captured 115.80% of S&P 500 Index gains but only 94.78% of its losses - a favorable profile for investors.
- This fund generated an annualized alpha of 4.30% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 1.07 and R2 of 0.73, 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
- 4.30%
- Beta
- 1.07
- R²
- 0.73
- Upside Capture
- 115.80%
- Downside Capture
- 94.78%
Expense Ratio
FMFMX has an expense ratio of 0.00%, meaning no management fees are charged.
Return for Risk
Risk / Return Rank
FMFMX ranks 35 for risk / return — below 35% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Advisor Series Equity Growth Fund (FMFMX) 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.
| FMFMX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.44 | ||
| Sortino ratioReturn per unit of downside risk | -0.61 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.37 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 2.20 | 2.78 | -0.59 |
| Martin ratioReturn relative to average drawdown | 8.01 | 12.44 | -4.42 |
Dividends
Dividend History
Fidelity Advisor Series Equity Growth Fund provided a 12.84% dividend yield over the last twelve months, with an annual payout of $2.33 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.33 | $2.33 | $4.53 | $0.87 | $0.68 | $2.66 | $4.36 | $1.92 | $1.12 | $2.39 | $0.01 | $0.02 |
Dividend yield | 12.84% | 14.54% | 28.50% | 5.57% | 5.69% | 16.12% | 27.01% | 13.51% | 9.43% | 18.29% | 0.12% | 0.15% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Series Equity Growth Fund. 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 | $0.00 | $2.33 | $2.33 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.53 | $4.53 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.87 | $0.87 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.68 | $0.68 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.66 | $2.66 |
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 Series Equity Growth Fund. 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 Series Equity Growth Fund was 36.89%, occurring on Apr 8, 2025. Recovery took 275 trading sessions.
The current Fidelity Advisor Series Equity Growth Fund drawdown is 2.11%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -36.89%Apr 2025 | 3mo 23d | 1y 1mo | 1y 4moDec 2024 - May 2026 |
Bear market2022 | -32.16%Oct 2022 | 10mo 26d | 1y 3mo | 2y 1moNov 2021 - Jan 2024 |
COVID crash2020 | -31.06%Mar 2020 | 1mo 2d | 2mo 14d | 3mo 16dFeb 2020 - Jun 2020 |
Rate-hike selloffLate 2018 | -21.87%Dec 2018 | 3mo 26d | 3mo 12d | 7mo 8dAug 2018 - Apr 2019 |
2016 correction2016 | -17.74%Feb 2016 | 6mo 22d | 11mo 2d | 1y 5moJul 2015 - Jan 2017 |
Drawdown Indicators
| FMFMX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.89% | -56.78% | +19.89% |
Max Drawdown (1Y)Largest decline over 1 year | -12.60% | -9.10% | -3.50% |
Max Drawdown (3Y)Largest decline over 3 years | -36.89% | -18.90% | -17.99% |
Max Drawdown (5Y)Largest decline over 5 years | -36.89% | -25.43% | -11.46% |
Max Drawdown (10Y)Largest decline over 10 years | -36.89% | -33.92% | -2.97% |
Current DrawdownCurrent decline from peak | -2.11% | -1.80% | -0.31% |
Average DrawdownAverage peak-to-trough decline | -7.31% | -10.71% | +3.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.45% | 2.03% | +1.42% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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