EQPGX vs. FHCIX

Last updated Jun 25, 2026

EQPGX (Fidelity Advisor Equity Growth Fund Class I) and FHCIX (Fidelity Advisor Health Care Fund Class I) are both mutual funds - EQPGX is a Large Cap Growth Equities fund managed by Fidelity, while FHCIX is a Health & Biotech Equities fund managed by Fidelity. Over the past 10 years, EQPGX returned 19.03%/yr vs 9.89%/yr for FHCIX. A 0.75 correlation means they provide meaningful diversification when combined. Both charge a 0.71% expense ratio.

Performance

EQPGX vs. FHCIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Equity Growth Fund Class I (EQPGX) and Fidelity Advisor Health Care Fund Class I (FHCIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EQPGX achieves a 9.32% return, which is significantly higher than FHCIX's 2.28% return. Over the past 10 years, EQPGX has outperformed FHCIX with an annualized return of 19.03%, while FHCIX has yielded a comparatively lower 9.89% annualized return.

EQPGX

• 1D: -2.42%
• 1M: -2.05%
• YTD: 9.32%
• 6M: 7.90%
• 1Y: 20.88%
• 3Y*: 22.26%
• 5Y*: 12.66%
• 10Y*: 19.03%

FHCIX

• 1D: 1.12%
• 1M: 5.61%
• YTD: 2.28%
• 6M: 0.49%
• 1Y: 21.90%
• 3Y*: 7.39%
• 5Y*: 2.51%
• 10Y*: 9.89%

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

EQPGX vs. FHCIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EQPGX Fidelity Advisor Equity Growth Fund Class I	9.32%	14.60%	29.99%	35.60%	-24.45%	22.94%	43.80%	34.01%	0.17%	35.19%
FHCIX Fidelity Advisor Health Care Fund Class I	2.28%	14.48%	4.22%	4.07%	-12.84%	11.53%	21.40%	28.22%	7.51%	24.38%

Correlation

The correlation between EQPGX and FHCIX is 0.42, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.42
Correlation (3Y) Calculated over the trailing 3-year period	0.53
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (10Y) Calculated over the trailing 10-year period	0.71
Correlation (All Time) Calculated using the full available price history since Aug 30, 1996	0.75

Over the past year, the correlation between EQPGX and FHCIX has dropped to 0.42 - well below their long-term average of 0.75, suggesting their price drivers have been diverging.

Return for Risk

EQPGX vs. FHCIX — Risk / Return Rank

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

EQPGX

EQPGX Risk / Return Rank: 27
EQPGX Sharpe Ratio Rank: 26
EQPGX Sortino Ratio Rank: 23
EQPGX Omega Ratio Rank: 25
EQPGX Calmar Ratio Rank: 29
EQPGX Martin Ratio Rank: 32

FHCIX

FHCIX Risk / Return Rank: 29
FHCIX Sharpe Ratio Rank: 32
FHCIX Sortino Ratio Rank: 35
FHCIX Omega Ratio Rank: 28
FHCIX Calmar Ratio Rank: 28
FHCIX Martin Ratio Rank: 22

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.

EQPGX vs. FHCIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Equity Growth Fund Class I (EQPGX) and Fidelity Advisor Health Care Fund Class I (FHCIX). 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.

	EQPGX	FHCIX	Difference
Sharpe ratio: Return per unit of total volatility	1.30	1.46	-0.15
Sortino ratio: Return per unit of downside risk	1.80	2.21	-0.41
Omega ratio: Gain probability vs. loss probability	1.24	1.25	-0.01
Calmar ratio: Return relative to maximum drawdown	1.83	1.79	+0.03
Martin ratio: Return relative to average drawdown	6.70	4.73	+1.97

EQPGX vs. FHCIX - Sharpe Ratio Comparison

The current EQPGX Sharpe Ratio is 1.30, which is comparable to the FHCIX Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of EQPGX and FHCIX, 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

EQPGX vs. FHCIX - Drawdown Comparison

The maximum EQPGX drawdown since its inception was -62.00%, which is greater than FHCIX's maximum drawdown of -44.75%. Use the drawdown chart below to compare losses from any high point for EQPGX and FHCIX.

Drawdown Indicators

	EQPGX	FHCIX	Difference
Max Drawdown Largest peak-to-trough decline	-62.00%	-44.75%	-17.25%
Max Drawdown (1Y) Largest decline over 1 year	-12.57%	-13.37%	+0.80%
Max Drawdown (3Y) Largest decline over 3 years	-23.04%	-17.38%	-5.66%
Max Drawdown (5Y) Largest decline over 5 years	-29.81%	-29.24%	-0.57%
Max Drawdown (10Y) Largest decline over 10 years	-31.11%	-29.24%	-1.87%
Current Drawdown Current decline from peak	-5.31%	-2.00%	-3.31%
Average Drawdown Average peak-to-trough decline	-13.74%	-9.19%	-4.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.42%	5.06%	-1.64%

Volatility

EQPGX vs. FHCIX - Volatility Comparison

Fidelity Advisor Equity Growth Fund Class I (EQPGX) has a higher volatility of 7.49% compared to Fidelity Advisor Health Care Fund Class I (FHCIX) at 5.92%. This indicates that EQPGX's price experiences larger fluctuations and is considered to be riskier than FHCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EQPGX	FHCIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.49%	5.92%	+1.57%
Volatility (6M) Calculated over the trailing 6-month period	14.21%	12.73%	+1.48%
Volatility (1Y) Calculated over the trailing 1-year period	17.62%	16.46%	+1.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.42%	18.01%	+2.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.64%	18.78%	+1.86%

EQPGX vs. FHCIX - Expense Ratio Comparison

Both EQPGX and FHCIX have an expense ratio of 0.71%.

Dividends

EQPGX vs. FHCIX - Dividend Comparison

EQPGX's dividend yield for the trailing twelve months is around 0.48%, less than FHCIX's 11.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EQPGX Fidelity Advisor Equity Growth Fund Class I	0.48%	0.52%	10.64%	0.48%	1.96%	11.42%	10.84%	8.56%	6.43%	11.57%	5.90%	2.21%
FHCIX Fidelity Advisor Health Care Fund Class I	11.30%	11.56%	10.92%	0.00%	0.00%	5.64%	5.72%	0.48%	4.65%	0.06%	0.00%	6.29%

Frequently Asked Questions

Can I hold both EQPGX and FHCIX in my portfolio?

EQPGX and FHCIX have a correlation of 0.42, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EQPGX or FHCIX?

EQPGX has higher volatility (7.49%) compared to FHCIX (5.92%). In terms of maximum drawdown, EQPGX dropped -62.00% vs FHCIX's -44.75%.

Which has better risk-adjusted returns?

FHCIX currently has the higher Sharpe Ratio (1.46 vs 1.30), 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.