Fidelity Advisor Equity Growth Fund Class Z (FZAFX)

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 Equity Growth Fund Class Z, 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 Equity Growth Fund Class Z (FZAFX) has returned -9.30% so far this year and 13.42% over the past 12 months. Looking at the last ten years, FZAFX has achieved an annualized return of 15.70%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.

Based on dividend-adjusted daily data since Aug 20, 2013, FZAFX's average daily return is +0.06%, while the average monthly return is +1.25%. At this rate, your investment would double in approximately 4.6 years.

Historically, 63% of months were positive and 37% were negative. The best month was Apr 2020 with a return of +14.9%, while the worst month was Apr 2022 at -10.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, FZAFX closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +10.1%, while the worst single day was Mar 16, 2020 at -13.0%.

Fidelity Advisor Equity Growth Fund Class Z has an annualized alpha of 2.61%, beta of 1.07, and R² of 0.88 versus S&P 500 Index. Calculated based on daily prices since August 21, 2013.

• This fund captured 112.84% of S&P 500 Index gains but only 98.25% of its losses — a favorable profile for investors.
• This fund generated an annualized alpha of 2.61% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• With beta of 1.07 and R² of 0.88, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

FZAFX has an expense ratio of 0.60%, placing it in the medium range.

FZAFX ranks 25 for risk / return — below 25% 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.

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

Fidelity Advisor Equity Growth Fund Class Z provided a 0.57% dividend yield over the last twelve months, with an annual payout of $0.14 per share.

The table displays the monthly dividend distributions for Fidelity Advisor Equity Growth Fund Class Z. 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 Equity Growth Fund Class Z. 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 Equity Growth Fund Class Z was 31.13%, occurring on Mar 23, 2020. Recovery took 52 trading sessions.

The current Fidelity Advisor Equity Growth Fund Class Z drawdown is 12.55%.

The chart below shows the rolling one-month volatility.