ACTIX vs. FIDLX

Last updated Jul 17, 2026

ACTIX (Advisors Capital Tactical Fixed Income Fund) and FIDLX (Fidelity Advisor Large Cap Fund Class Z) are both Large Cap Value Equities funds. At a 0.34 correlation, their price movements are largely independent. ACTIX charges 2.09%/yr vs 0.42%/yr for FIDLX.

Performance

ACTIX vs. FIDLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Advisors Capital Tactical Fixed Income Fund (ACTIX) and Fidelity Advisor Large Cap Fund Class Z (FIDLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ACTIX

• 1D: 0.21%
• 1M: -0.42%
• 6M: -0.42%
• YTD: -0.10%
• 1Y: 3.08%
• 3Y*: 4.34%
• 5Y*: 0.59%
• 10Y*: —

FIDLX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ACTIX vs. FIDLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
ACTIX Advisors Capital Tactical Fixed Income Fund	-0.10%	6.08%	3.07%	5.97%	-9.94%	0.75%
FIDLX Fidelity Advisor Large Cap Fund Class Z	0.02%	19.77%	26.52%	23.65%	-7.81%	14.92%

Correlation

The correlation between ACTIX and FIDLX is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.11
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.34
Correlation (All Time) Calculated using the full available price history since Mar 25, 2021	0.34

Over the past year, the correlation between ACTIX and FIDLX has dropped to 0.11 - well below their long-term average of 0.34, suggesting their price drivers have been diverging.

Return for Risk

ACTIX vs. FIDLX — Risk / Return Rank

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

ACTIX

ACTIX Risk / Return Rank: 18
ACTIX Sharpe Ratio Rank: 17
ACTIX Sortino Ratio Rank: 17
ACTIX Omega Ratio Rank: 17
ACTIX Calmar Ratio Rank: 18
ACTIX Martin Ratio Rank: 19

FIDLX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

ACTIX vs. FIDLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Advisors Capital Tactical Fixed Income Fund (ACTIX) and Fidelity Advisor Large Cap Fund Class Z (FIDLX). 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.

	ACTIX	FIDLX	Difference
Sharpe ratio: Return per unit of total volatility	0.91	—	—
Sortino ratio: Return per unit of downside risk	1.33	—	—
Omega ratio: Gain probability vs. loss probability	1.17	—	—
Calmar ratio: Return relative to maximum drawdown	1.14	—	—
Martin ratio: Return relative to average drawdown	3.67	—	—

Drawdowns

Drawdown Indicators

	ACTIX	FIDLX	Difference
Max Drawdown Largest peak-to-trough decline	-14.29%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-2.90%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-3.95%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-14.29%	—	—
Current Drawdown Current decline from peak	-1.24%	—	—
Average Drawdown Average peak-to-trough decline	-4.92%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.90%	—	—

Volatility

Volatility by Period

	ACTIX	FIDLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.00%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.93%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.63%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.69%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.59%	—	—

ACTIX vs. FIDLX - Expense Ratio Comparison

ACTIX has a 2.09% expense ratio, which is higher than FIDLX's 0.42% expense ratio.

Dividends

ACTIX vs. FIDLX - Dividend Comparison

ACTIX's dividend yield for the trailing twelve months is around 3.09%, while FIDLX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
ACTIX Advisors Capital Tactical Fixed Income Fund	3.09%	3.09%	3.18%	2.44%	1.10%	0.45%	0.00%	0.00%	0.00%	0.00%
FIDLX Fidelity Advisor Large Cap Fund Class Z	5.87%	5.87%	6.23%	3.56%	2.42%	6.64%	5.53%	8.55%	17.01%	6.13%

Frequently Asked Questions

Can I hold both ACTIX and FIDLX in my portfolio?

ACTIX and FIDLX have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.