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ISIN
US3160718694
Issuer
Fidelity
Inception Date
Aug 13, 2013
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

FZANX Performance Chart

Fidelity Advisor New Insights Fund Class Z (FZANX) is up 14.2% since the beginning of the year. FZANX is currently trading at $56 per share. Investors who bought $1,000 worth of FZANX shares 5 years ago would now be looking at an investment worth $2,124.


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S&P 500 Index

Returns By Period

Fidelity Advisor New Insights Fund Class Z (FZANX) has returned 14.20% so far this year and 32.12% over the past 12 months. Looking at the last ten years, FZANX has achieved an annualized return of 17.32%, outperforming the S&P 500 Index benchmark, which averaged 13.88% per year.


Fidelity Advisor New Insights Fund Class Z

1D
1.10%
1M
5.51%
YTD
14.20%
6M
13.94%
1Y
32.12%
3Y*
28.32%
5Y*
16.26%
10Y*
17.32%

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%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FZANX Monthly Returns History

Based on dividend-adjusted daily data since Aug 20, 2013, FZANX's average daily return is +0.06%, while the average monthly return is +1.30%. At this rate, an investment would double in approximately 4.5 years.

Historically, 66% of months were positive and 34% were negative. The best month was Apr 2020 with a return of +13.7%, while the worst month was Mar 2020 at -12.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, FZANX closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +9.7%, while the worst single day was Mar 16, 2020 at -11.7%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.99%0.04%-5.96%10.47%3.49%4.11%14.20%
20254.79%-3.74%-7.37%1.12%8.64%7.27%3.42%0.22%2.90%1.55%-0.33%2.40%21.71%
20244.13%8.71%3.07%-4.11%6.66%4.74%-1.46%3.08%2.25%-0.32%4.89%-0.21%35.44%
20237.04%-2.21%5.30%2.69%2.45%6.06%4.17%-1.01%-3.56%-1.18%8.17%4.39%36.45%
2022-7.34%-4.42%2.60%-11.34%-0.24%-8.79%8.87%-4.12%-8.18%5.24%5.44%-5.52%-26.34%
2021-0.93%2.07%1.50%6.78%0.59%4.32%1.95%4.55%-5.70%6.89%-0.11%1.16%24.88%

Benchmark Metrics

Fidelity Advisor New Insights Fund Class Z has an annualized alpha of 2.56%, beta of 1.02, and R2 of 0.92 versus S&P 500 Index. Calculated based on daily prices since August 20, 2013.

  • This fund captured 106.56% of S&P 500 Index gains but only 93.02% of its losses - a favorable profile for investors.
  • This fund generated an annualized alpha of 2.56% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
  • With beta of 1.02 and R2 of 0.92, 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
2.56%
Beta
1.02
0.92
Upside Capture
106.56%
Downside Capture
93.02%

Expense Ratio

FZANX has an expense ratio of 0.56%, placing it in the medium range.


Return for Risk

Risk / Return Rank

FZANX ranks 62 for risk / return — better than 62% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


FZANX Risk / Return Rank: 6262
Overall Rank
FZANX Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
FZANX Sortino Ratio Rank: 5454
Sortino Ratio Rank
FZANX Omega Ratio Rank: 5454
Omega Ratio Rank
FZANX Calmar Ratio Rank: 6969
Calmar Ratio Rank
FZANX Martin Ratio Rank: 7676
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Fidelity Advisor New Insights Fund Class Z (FZANX) 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.


FZANXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

+0.03

Sortino ratioReturn per unit of downside risk

+0.07

Omega ratioGain probability vs. loss probability

1.37

1.37

0.00

Calmar ratioReturn relative to maximum drawdown

3.05

2.78

+0.26

Martin ratioReturn relative to average drawdown

13.30

12.44

+0.86

Dividends

Dividend History

Fidelity Advisor New Insights Fund Class Z provided a 7.66% dividend yield over the last twelve months, with an annual payout of $4.29 per share. The fund has been increasing its distributions for 2 consecutive years.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%$0.00$1.00$2.00$3.00$4.00$5.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$4.29$4.12$2.43$2.12$4.49$5.09$2.98$2.20$3.77$2.52$1.43$1.26

Dividend yield

7.66%8.39%5.53%6.22%16.81%12.15%7.88%6.68%13.88%7.86%5.31%4.72%

Monthly Dividends

The table displays the monthly dividend distributions for Fidelity Advisor New Insights Fund Class Z. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.16$0.00$0.00$0.00$0.00$0.16
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$4.12$4.12
2024$0.00$0.19$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.23$2.43
2023$0.00$0.40$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.73$2.12
2022$0.54$0.54$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$3.42$4.49
2021$0.00$0.91$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$4.18$5.09

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 New Insights 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 New Insights Fund Class Z was 31.93%, occurring on Mar 23, 2020. Recovery took 75 trading sessions.

The current Fidelity Advisor New Insights Fund Class Z drawdown is 0.44%.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-31.93%Mar 2020
1mo 2d3mo 18d
4mo 20dFeb 2020 - Jul 2020
Bear market2022
-31.78%Oct 2022
10mo 26d1y 3mo
2y 1moNov 2021 - Jan 2024
Rate-hike selloffLate 2018
-21.91%Dec 2018
3mo 26d4mo 3d
7mo 29dAug 2018 - Apr 2019
2025 selloff2025
-20.49%Apr 2025
2mo2mo 17d
4mo 17dFeb 2025 - Jun 2025
2016 correction2016
-16.62%Feb 2016
6mo 25d5mo 10d
1yJul 2015 - Jul 2016

Drawdown Indicators


FZANXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-31.93%

-56.78%

+24.85%

Max Drawdown (1Y)

Largest decline over 1 year

-10.38%

-9.10%

-1.28%

Max Drawdown (3Y)

Largest decline over 3 years

-20.49%

-18.90%

-1.59%

Max Drawdown (5Y)

Largest decline over 5 years

-31.78%

-25.43%

-6.35%

Max Drawdown (10Y)

Largest decline over 10 years

-31.93%

-33.92%

+1.99%

Current Drawdown

Current decline from peak

-0.44%

-1.80%

+1.36%

Average Drawdown

Average peak-to-trough decline

-5.35%

-10.71%

+5.36%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.37%

2.03%

+0.34%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

Build a portfolio with FZANX

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