FACGX vs. FAGAX

Last updated Jun 4, 2026

FACGX (Fidelity Advisor Growth Opportunities Fund Class C) and FAGAX (Fidelity Advisor Growth Opportunities Fund Class A) are both Large Cap Growth Equities funds from Fidelity. Over the past 10 years, FACGX returned 21.22%/yr vs 22.12%/yr for FAGAX. With a 0.98 correlation, they move nearly in lockstep. FACGX charges 1.80%/yr vs 1.04%/yr for FAGAX.

Performance

FACGX vs. FAGAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Growth Opportunities Fund Class C (FACGX) and Fidelity Advisor Growth Opportunities Fund Class A (FAGAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with FACGX having a 16.37% return and FAGAX slightly higher at 16.73%. Both investments have delivered pretty close results over the past 10 years, with FACGX having a 21.22% annualized return and FAGAX not far ahead at 22.12%.

FACGX

• 1D: -0.07%
• 1M: 8.70%
• YTD: 16.37%
• 6M: 17.48%
• 1Y: 39.58%
• 3Y*: 30.73%
• 5Y*: 12.65%
• 10Y*: 21.22%

FAGAX

• 1D: -0.07%
• 1M: 8.77%
• YTD: 16.73%
• 6M: 17.92%
• 1Y: 40.62%
• 3Y*: 31.72%
• 5Y*: 13.50%
• 10Y*: 22.12%

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

FACGX vs. FAGAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FACGX Fidelity Advisor Growth Opportunities Fund Class C	16.37%	21.26%	37.68%	44.06%	-38.87%	10.46%	67.34%	39.19%	14.13%	33.63%
FAGAX Fidelity Advisor Growth Opportunities Fund Class A	16.73%	22.17%	38.71%	45.14%	-38.40%	11.31%	68.60%	40.26%	14.87%	34.66%

Correlation

The correlation between FACGX and FAGAX is 1.00 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	1.00
Correlation (3Y) Calculated over the trailing 3-year period	1.00
Correlation (5Y) Calculated over the trailing 5-year period	1.00
Correlation (10Y) Calculated over the trailing 10-year period	1.00
Correlation (All Time) Calculated using the full available price history since Jan 3, 1994	0.98

The correlation between FACGX and FAGAX has been stable across timeframes, ranging from 0.98 to 1.00 - a consistent structural relationship.

Return for Risk

FACGX vs. FAGAX — Risk / Return Rank

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

FACGX

FACGX Risk / Return Rank: 48
FACGX Sharpe Ratio Rank: 58
FACGX Sortino Ratio Rank: 47
FACGX Omega Ratio Rank: 49
FACGX Calmar Ratio Rank: 42
FACGX Martin Ratio Rank: 43

FAGAX

FAGAX Risk / Return Rank: 51
FAGAX Sharpe Ratio Rank: 61
FAGAX Sortino Ratio Rank: 50
FAGAX Omega Ratio Rank: 52
FAGAX Calmar Ratio Rank: 46
FAGAX Martin Ratio Rank: 46

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.

FACGX vs. FAGAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Growth Opportunities Fund Class C (FACGX) and Fidelity Advisor Growth Opportunities Fund Class A (FAGAX). 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.

	FACGX	FAGAX	Difference
Sharpe ratio: Return per unit of total volatility	2.23	2.29	-0.06
Sortino ratio: Return per unit of downside risk	2.90	2.97	-0.07
Omega ratio: Gain probability vs. loss probability	1.39	1.40	-0.01
Calmar ratio: Return relative to maximum drawdown	2.48	2.58	-0.11
Martin ratio: Return relative to average drawdown	9.16	9.64	-0.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FACGX vs. FAGAX - Sharpe Ratio Comparison

The current FACGX Sharpe Ratio is 2.23, which is comparable to the FAGAX Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of FACGX and FAGAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FACGX	FAGAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.23	2.29	-0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.51	0.55	-0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.89	0.93	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.46	0.50	-0.04

Drawdowns

FACGX vs. FAGAX - Drawdown Comparison

The maximum FACGX drawdown since its inception was -65.53%, roughly equal to the maximum FAGAX drawdown of -65.24%. Use the drawdown chart below to compare losses from any high point for FACGX and FAGAX.

Drawdown Indicators

	FACGX	FAGAX	Difference
Max Drawdown Largest peak-to-trough decline	-65.53%	-65.24%	-0.29%
Max Drawdown (1Y) Largest decline over 1 year	-16.45%	-16.19%	-0.26%
Max Drawdown (3Y) Largest decline over 3 years	-26.70%	-26.62%	-0.08%
Max Drawdown (5Y) Largest decline over 5 years	-45.17%	-44.70%	-0.47%
Max Drawdown (10Y) Largest decline over 10 years	-45.17%	-44.70%	-0.47%
Current Drawdown Current decline from peak	-0.07%	-0.07%	0.00%
Average Drawdown Average peak-to-trough decline	-16.14%	-15.20%	-0.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.44%	4.33%	+0.11%

Volatility

FACGX vs. FAGAX - Volatility Comparison

Fidelity Advisor Growth Opportunities Fund Class C (FACGX) and Fidelity Advisor Growth Opportunities Fund Class A (FAGAX) have volatilities of 4.48% and 4.48%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FACGX	FAGAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.48%	4.48%	0.00%
Volatility (6M) Calculated over the trailing 6-month period	14.26%	14.26%	0.00%
Volatility (1Y) Calculated over the trailing 1-year period	18.26%	18.26%	0.00%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.84%	24.84%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.90%	23.89%	+0.01%

FACGX vs. FAGAX - Expense Ratio Comparison

FACGX has a 1.80% expense ratio, which is higher than FAGAX's 1.04% expense ratio.

Dividends

FACGX vs. FAGAX - Dividend Comparison

FACGX's dividend yield for the trailing twelve months is around 4.52%, more than FAGAX's 3.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FACGX Fidelity Advisor Growth Opportunities Fund Class C	4.52%	5.26%	0.00%	0.00%	0.00%	11.75%	6.13%	4.87%	14.01%	8.00%	17.39%	12.23%
FAGAX Fidelity Advisor Growth Opportunities Fund Class A	3.52%	4.11%	0.00%	0.00%	0.00%	10.19%	5.45%	4.10%	11.99%	7.67%	15.44%	11.12%

Frequently Asked Questions

Can I hold both FACGX and FAGAX in my portfolio?

With a correlation of 1.00, FACGX and FAGAX 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, FACGX or FAGAX?

FAGAX has higher volatility (4.48%) compared to FACGX (4.48%). In terms of maximum drawdown, FACGX dropped -65.53% vs FAGAX's -65.24%.

Which has better risk-adjusted returns?

FAGAX currently has the higher Sharpe Ratio (2.29 vs 2.23), 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.