AAAGX vs. FZAPX

Last updated Aug 4, 2026

AAAGX (Thrivent Large Cap Growth Fund) and FZAPX (Fidelity Advisor Stock Selector All Cap Fund Class Z) are both Large Cap Growth Equities funds. Over the past 10 years, AAAGX returned 16.51%/yr vs 15.09%/yr for FZAPX. Their correlation of 0.91 means they have usually moved in the same direction. AAAGX charges 1.03%/yr vs 0.58%/yr for FZAPX.

Performance

AAAGX vs. FZAPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Thrivent Large Cap Growth Fund (AAAGX) and Fidelity Advisor Stock Selector All Cap Fund Class Z (FZAPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AAAGX achieves a 2.41% return, which is significantly lower than FZAPX's 15.39% return. Over the past 10 years, AAAGX has outperformed FZAPX with an annualized return of 16.51%, while FZAPX has yielded a comparatively lower 15.09% annualized return.

AAAGX

• 1D: 2.01%
• 1M: -0.62%
• 6M: 3.59%
• YTD: 2.41%
• 1Y: 12.18%
• 3Y*: 21.37%
• 5Y*: 10.82%
• 10Y*: 16.51%
• ALL TIME*: 7.17%

FZAPX

• 1D: 0.73%
• 1M: -0.06%
• 6M: 11.78%
• YTD: 15.39%
• 1Y: 29.38%
• 3Y*: 20.18%
• 5Y*: 12.25%
• 10Y*: 15.09%
• ALL TIME*: 13.82%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AAAGX Thrivent Large Cap Growth Fund	$0.00	$0.00	$0.00
FZAPX Fidelity Advisor Stock Selector All Cap Fund Class Z	$0.00	$0.00	$0.00

AAAGX vs. FZAPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AAAGX Thrivent Large Cap Growth Fund	2.41%	16.12%	39.55%	46.09%	-34.10%	22.05%	42.49%	31.64%	1.43%	24.42%
FZAPX Fidelity Advisor Stock Selector All Cap Fund Class Z	15.39%	18.98%	19.88%	27.05%	-19.49%	23.25%	25.03%	32.34%	-8.52%	24.38%

Correlation

The correlation between AAAGX and FZAPX is 0.95, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.95
Correlation (3Y) Balances recent behavior with more history.	0.92
Correlation (5Y) Shows whether the relationship held over a longer period.	0.93
Correlation (10Y) Provides a long-term view across more market conditions.	0.91
Correlation (All Time) Calculated using the full available price history since Aug 20, 2013	0.91

The correlation between AAAGX and FZAPX has been stable across timeframes, ranging from 0.91 to 0.95 - a consistent structural relationship.

Return for Risk

AAAGX vs. FZAPX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AAAGX

AAAGX Risk / Return Rank: 12
AAAGX Sharpe Ratio Rank: 12
AAAGX Sortino Ratio Rank: 12
AAAGX Omega Ratio Rank: 12
AAAGX Calmar Ratio Rank: 11
AAAGX Martin Ratio Rank: 12

FZAPX

FZAPX Risk / Return Rank: 80
FZAPX Sharpe Ratio Rank: 78
FZAPX Sortino Ratio Rank: 74
FZAPX Omega Ratio Rank: 73
FZAPX Calmar Ratio Rank: 83
FZAPX Martin Ratio Rank: 91

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AAAGX vs. FZAPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Thrivent Large Cap Growth Fund (AAAGX) and Fidelity Advisor Stock Selector All Cap Fund Class Z (FZAPX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

	AAAGX	FZAPX	Difference
Sharpe ratio: Return per unit of total volatility	0.54	1.90	-1.35
Sortino ratio: Return per unit of downside risk	0.86	2.59	-1.73
Omega ratio: Gain probability vs. loss probability	1.10	1.34	-0.23
Calmar ratio: Return relative to maximum drawdown	0.58	2.95	-2.37
Martin ratio: Return relative to average drawdown	1.83	13.35	-11.52

AAAGX vs. FZAPX - Sharpe Ratio Comparison

The current AAAGX Sharpe Ratio is 0.54, which is lower than the FZAPX Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of AAAGX and FZAPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AAAGX vs. FZAPX - Drawdown Comparison

The maximum AAAGX drawdown since its inception was -64.98%, which is greater than FZAPX's maximum drawdown of -34.37%. Use the drawdown chart below to compare losses from any high point for AAAGX and FZAPX.

Drawdown Indicators

	AAAGX	FZAPX	Difference
Max Drawdown Largest peak-to-trough decline	-64.98%	-34.37%	-30.61%
Max Drawdown (1Y) Largest decline over 1 year	-16.76%	-9.20%	-7.56%
Max Drawdown (3Y) Largest decline over 3 years	-23.44%	-20.84%	-2.60%
Max Drawdown (5Y) Largest decline over 5 years	-40.41%	-25.20%	-15.21%
Max Drawdown (10Y) Largest decline over 10 years	-40.41%	-34.37%	-6.04%
Current Drawdown Current decline from peak	-3.79%	-1.57%	-2.22%
Average Drawdown Average peak-to-trough decline	-23.75%	-4.52%	-19.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.25%	2.03%	+3.22%

Volatility

AAAGX vs. FZAPX - Volatility Comparison

Thrivent Large Cap Growth Fund (AAAGX) has a higher volatility of 5.73% compared to Fidelity Advisor Stock Selector All Cap Fund Class Z (FZAPX) at 3.79%. This indicates that AAAGX's price experiences larger fluctuations and is considered to be riskier than FZAPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AAAGX	FZAPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.73%	3.79%	+1.94%
Volatility (6M) Calculated over the trailing 6-month period	14.27%	11.41%	+2.86%
Volatility (1Y) Calculated over the trailing 1-year period	17.79%	14.28%	+3.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.98%	17.91%	+5.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.82%	18.58%	+3.24%

AAAGX vs. FZAPX - Expense Ratio Comparison

AAAGX has a 1.03% expense ratio, which is higher than FZAPX's 0.58% expense ratio.

Dividends

AAAGX vs. FZAPX - Dividend Comparison

AAAGX's dividend yield for the trailing twelve months is around 3.68%, less than FZAPX's 4.23% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AAAGX Thrivent Large Cap Growth Fund	3.68%	3.77%	14.46%	3.55%	9.38%	6.93%	7.74%	5.39%	12.26%	0.00%	0.60%	0.00%
FZAPX Fidelity Advisor Stock Selector All Cap Fund Class Z	4.23%	4.88%	4.91%	2.12%	0.39%	1.47%	5.33%	6.18%	4.59%	3.07%	1.13%	5.24%

Frequently Asked Questions

Can I hold both AAAGX and FZAPX in my portfolio?

With a correlation of 0.95, AAAGX and FZAPX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, AAAGX or FZAPX?

AAAGX has higher volatility (5.73%) compared to FZAPX (3.79%). In terms of maximum drawdown, AAAGX dropped -64.98% vs FZAPX's -34.37%.

Which has better risk-adjusted returns?

FZAPX currently has the higher Sharpe Ratio (1.90 vs 0.54), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.