ACIHX vs. FZAPX

Last updated Jun 25, 2026

ACIHX (American Century Growth Fund G Class) and FZAPX (Fidelity Advisor Stock Selector All Cap Fund Class Z) are both Large Cap Growth Equities funds. Over the past 3 years, ACIHX returned 19.72%/yr vs 21.65%/yr for FZAPX. Their correlation of 0.93 suggests significant overlap in exposure. ACIHX charges 0.01%/yr vs 0.58%/yr for FZAPX.

Performance

ACIHX vs. FZAPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century Growth Fund G Class (ACIHX) 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, ACIHX achieves a 1.80% return, which is significantly lower than FZAPX's 13.19% return.

ACIHX

• 1D: -1.70%
• 1M: -3.26%
• YTD: 1.80%
• 6M: 0.44%
• 1Y: 16.74%
• 3Y*: 19.72%
• 5Y*: —
• 10Y*: —

FZAPX

• 1D: -1.69%
• 1M: -0.27%
• YTD: 13.19%
• 6M: 11.97%
• 1Y: 30.66%
• 3Y*: 21.65%
• 5Y*: 12.21%
• 10Y*: 15.58%

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

ACIHX vs. FZAPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
ACIHX American Century Growth Fund G Class	1.80%	16.26%	27.35%	44.64%	-6.24%
FZAPX Fidelity Advisor Stock Selector All Cap Fund Class Z	13.19%	18.98%	19.88%	27.05%	-2.80%

Correlation

The correlation between ACIHX and FZAPX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (All Time) Calculated using the full available price history since May 16, 2022	0.93

The correlation between ACIHX and FZAPX has been stable across timeframes, ranging from 0.91 to 0.93 - a consistent structural relationship.

Return for Risk

ACIHX vs. FZAPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ACIHX

ACIHX Risk / Return Rank: 16
ACIHX Sharpe Ratio Rank: 19
ACIHX Sortino Ratio Rank: 17
ACIHX Omega Ratio Rank: 18
ACIHX Calmar Ratio Rank: 13
ACIHX Martin Ratio Rank: 15

FZAPX

FZAPX Risk / Return Rank: 79
FZAPX Sharpe Ratio Rank: 78
FZAPX Sortino Ratio Rank: 71
FZAPX Omega Ratio Rank: 73
FZAPX Calmar Ratio Rank: 83
FZAPX Martin Ratio Rank: 91

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.

ACIHX vs. FZAPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century Growth Fund G Class (ACIHX) 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.

	ACIHX	FZAPX	Difference
Sharpe ratio: Return per unit of total volatility	1.12	2.31	-1.19
Sortino ratio: Return per unit of downside risk	1.59	3.08	-1.49
Omega ratio: Gain probability vs. loss probability	1.20	1.42	-0.22
Calmar ratio: Return relative to maximum drawdown	1.14	3.48	-2.34
Martin ratio: Return relative to average drawdown	3.71	16.32	-12.61

ACIHX vs. FZAPX - Sharpe Ratio Comparison

The current ACIHX Sharpe Ratio is 1.12, which is lower than the FZAPX Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of ACIHX 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

ACIHX vs. FZAPX - Drawdown Comparison

The maximum ACIHX drawdown since its inception was -24.00%, smaller than the maximum FZAPX drawdown of -34.37%. Use the drawdown chart below to compare losses from any high point for ACIHX and FZAPX.

Drawdown Indicators

	ACIHX	FZAPX	Difference
Max Drawdown Largest peak-to-trough decline	-24.00%	-34.37%	+10.37%
Max Drawdown (1Y) Largest decline over 1 year	-16.40%	-9.20%	-7.20%
Max Drawdown (3Y) Largest decline over 3 years	-24.00%	-20.84%	-3.16%
Max Drawdown (5Y) Largest decline over 5 years	—	-25.20%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.37%	—
Current Drawdown Current decline from peak	-7.04%	-2.31%	-4.73%
Average Drawdown Average peak-to-trough decline	-4.88%	-4.55%	-0.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.01%	1.96%	+3.05%

Volatility

ACIHX vs. FZAPX - Volatility Comparison

American Century Growth Fund G Class (ACIHX) has a higher volatility of 6.58% compared to Fidelity Advisor Stock Selector All Cap Fund Class Z (FZAPX) at 5.64%. This indicates that ACIHX'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

	ACIHX	FZAPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.58%	5.64%	+0.94%
Volatility (6M) Calculated over the trailing 6-month period	13.06%	11.11%	+1.95%
Volatility (1Y) Calculated over the trailing 1-year period	16.67%	13.90%	+2.77%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.12%	17.90%	+3.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.12%	18.60%	+2.52%

ACIHX vs. FZAPX - Expense Ratio Comparison

ACIHX has a 0.01% expense ratio, which is lower than FZAPX's 0.58% expense ratio.

Dividends

ACIHX vs. FZAPX - Dividend Comparison

ACIHX's dividend yield for the trailing twelve months is around 15.67%, more than FZAPX's 4.31% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
ACIHX American Century Growth Fund G Class	15.67%	15.95%	5.65%	4.61%	2.86%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FZAPX Fidelity Advisor Stock Selector All Cap Fund Class Z	4.31%	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 ACIHX and FZAPX in my portfolio?

With a correlation of 0.92, ACIHX 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, ACIHX or FZAPX?

ACIHX has higher volatility (6.58%) compared to FZAPX (5.64%). In terms of maximum drawdown, ACIHX dropped -24.00% vs FZAPX's -34.37%.

Which has better risk-adjusted returns?

FZAPX currently has the higher Sharpe Ratio (2.31 vs 1.12), 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.