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BIGTX vs. FITIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

BIGTX vs. FITIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in The Texas Fund (BIGTX) and Fidelity Advisor Mid Cap II Fund Class M (FITIX). The values are adjusted to include any dividend payments, if applicable.

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BIGTX vs. FITIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
BIGTX
The Texas Fund
9.34%5.98%15.76%11.32%-6.93%23.90%13.11%9.61%-11.44%11.58%
FITIX
Fidelity Advisor Mid Cap II Fund Class M
4.84%11.29%22.41%14.40%-15.22%24.61%18.05%23.04%-15.37%19.97%

Returns By Period

In the year-to-date period, BIGTX achieves a 9.34% return, which is significantly higher than FITIX's 4.84% return. Over the past 10 years, BIGTX has underperformed FITIX with an annualized return of 9.58%, while FITIX has yielded a comparatively higher 11.41% annualized return.


BIGTX

1D
2.09%
1M
-3.58%
YTD
9.34%
6M
4.74%
1Y
22.70%
3Y*
14.81%
5Y*
7.05%
10Y*
9.58%

FITIX

1D
3.64%
1M
-6.59%
YTD
4.84%
6M
9.02%
1Y
25.02%
3Y*
16.58%
5Y*
8.99%
10Y*
11.41%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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BIGTX vs. FITIX - Expense Ratio Comparison

BIGTX has a 1.67% expense ratio, which is higher than FITIX's 1.25% expense ratio.


Return for Risk

BIGTX vs. FITIX — Risk / Return Rank

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

BIGTX
BIGTX Risk / Return Rank: 7474
Overall Rank
BIGTX Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
BIGTX Sortino Ratio Rank: 7373
Sortino Ratio Rank
BIGTX Omega Ratio Rank: 6363
Omega Ratio Rank
BIGTX Calmar Ratio Rank: 8080
Calmar Ratio Rank
BIGTX Martin Ratio Rank: 8282
Martin Ratio Rank

FITIX
FITIX Risk / Return Rank: 6363
Overall Rank
FITIX Sharpe Ratio Rank: 5959
Sharpe Ratio Rank
FITIX Sortino Ratio Rank: 5959
Sortino Ratio Rank
FITIX Omega Ratio Rank: 5757
Omega Ratio Rank
FITIX Calmar Ratio Rank: 6767
Calmar Ratio Rank
FITIX Martin Ratio Rank: 7272
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.

BIGTX vs. FITIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for The Texas Fund (BIGTX) and Fidelity Advisor Mid Cap II Fund Class M (FITIX). 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.


BIGTXFITIXDifference

Sharpe ratio

Return per unit of total volatility

1.33

1.15

+0.18

Sortino ratio

Return per unit of downside risk

1.91

1.66

+0.26

Omega ratio

Gain probability vs. loss probability

1.26

1.24

+0.02

Calmar ratio

Return relative to maximum drawdown

2.06

1.73

+0.33

Martin ratio

Return relative to average drawdown

8.80

7.56

+1.24

BIGTX vs. FITIX - Sharpe Ratio Comparison

The current BIGTX Sharpe Ratio is 1.33, which is comparable to the FITIX Sharpe Ratio of 1.15. The chart below compares the historical Sharpe Ratios of BIGTX and FITIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


BIGTXFITIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.33

1.15

+0.18

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.01

0.44

-0.44

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.01

0.54

-0.53

Sharpe Ratio (All Time)

Calculated using the full available price history

0.01

0.51

-0.50

Correlation

The correlation between BIGTX and FITIX is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

BIGTX vs. FITIX - Dividend Comparison

BIGTX's dividend yield for the trailing twelve months is around 6.75%, less than FITIX's 7.09% yield.


TTM20252024202320222021202020192018201720162015
BIGTX
The Texas Fund
6.75%7.38%3.52%2.51%3.06%5.27%0.07%0.08%2.27%0.00%0.00%0.00%
FITIX
Fidelity Advisor Mid Cap II Fund Class M
7.09%10.82%11.68%2.52%5.82%19.35%1.01%3.07%10.58%7.57%9.20%4.84%

Drawdowns

BIGTX vs. FITIX - Drawdown Comparison

The maximum BIGTX drawdown since its inception was -97.22%, which is greater than FITIX's maximum drawdown of -53.22%. Use the drawdown chart below to compare losses from any high point for BIGTX and FITIX.


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Drawdown Indicators


BIGTXFITIXDifference

Max Drawdown

Largest peak-to-trough decline

-97.22%

-53.22%

-44.00%

Max Drawdown (1Y)

Largest decline over 1 year

-11.70%

-14.86%

+3.16%

Max Drawdown (5Y)

Largest decline over 5 years

-97.22%

-25.10%

-72.12%

Max Drawdown (10Y)

Largest decline over 10 years

-97.22%

-42.59%

-54.63%

Current Drawdown

Current decline from peak

-96.18%

-6.59%

-89.59%

Average Drawdown

Average peak-to-trough decline

-18.89%

-8.10%

-10.79%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.74%

3.39%

-0.65%

Volatility

BIGTX vs. FITIX - Volatility Comparison

The current volatility for The Texas Fund (BIGTX) is 5.26%, while Fidelity Advisor Mid Cap II Fund Class M (FITIX) has a volatility of 8.56%. This indicates that BIGTX experiences smaller price fluctuations and is considered to be less risky than FITIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


BIGTXFITIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.26%

8.56%

-3.30%

Volatility (6M)

Calculated over the trailing 6-month period

10.77%

13.90%

-3.13%

Volatility (1Y)

Calculated over the trailing 1-year period

17.93%

22.34%

-4.41%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

1,245.70%

20.52%

+1,225.18%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

880.79%

21.08%

+859.71%