FAEGX vs. FIFNX

Last updated Jun 24, 2026

FAEGX (Fidelity Advisor Equity Growth Fund Class M) and FIFNX (Fidelity Founders Fund) are both Large Cap Growth Equities funds from Fidelity. Over the past 5 years, FAEGX returned 10.12%/yr vs 12.51%/yr for FIFNX. Their correlation of 0.95 suggests significant overlap in exposure. FAEGX charges 1.21%/yr vs 0.90%/yr for FIFNX.

Performance

FAEGX vs. FIFNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Equity Growth Fund Class M (FAEGX) and Fidelity Founders Fund (FIFNX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FAEGX achieves a 11.80% return, which is significantly higher than FIFNX's 8.56% return.

FAEGX

• 1D: -0.79%
• 1M: 0.38%
• YTD: 11.80%
• 6M: 10.60%
• 1Y: 25.30%
• 3Y*: 17.85%
• 5Y*: 10.12%
• 10Y*: 17.32%

FIFNX

• 1D: -0.57%
• 1M: 2.89%
• YTD: 8.56%
• 6M: 7.02%
• 1Y: 20.88%
• 3Y*: 24.46%
• 5Y*: 12.51%
• 10Y*: —

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

FAEGX vs. FIFNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FAEGX Fidelity Advisor Equity Growth Fund Class M	11.80%	13.98%	14.72%	34.88%	-24.83%	22.39%	43.02%	19.54%
FIFNX Fidelity Founders Fund	8.56%	16.34%	36.44%	33.95%	-26.69%	19.00%	47.20%	13.95%

Correlation

The correlation between FAEGX and FIFNX is 0.91, 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	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (All Time) Calculated using the full available price history since Feb 22, 2019	0.95

The correlation between FAEGX and FIFNX has been stable across timeframes, ranging from 0.91 to 0.95 - a consistent structural relationship.

Return for Risk

FAEGX vs. FIFNX — Risk / Return Rank

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

FAEGX

FAEGX Risk / Return Rank: 32
FAEGX Sharpe Ratio Rank: 32
FAEGX Sortino Ratio Rank: 29
FAEGX Omega Ratio Rank: 31
FAEGX Calmar Ratio Rank: 34
FAEGX Martin Ratio Rank: 36

FIFNX

FIFNX Risk / Return Rank: 29
FIFNX Sharpe Ratio Rank: 28
FIFNX Sortino Ratio Rank: 27
FIFNX Omega Ratio Rank: 27
FIFNX Calmar Ratio Rank: 27
FIFNX Martin Ratio Rank: 34

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.

FAEGX vs. FIFNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Equity Growth Fund Class M (FAEGX) and Fidelity Founders Fund (FIFNX). 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.

	FAEGX	FIFNX	Difference
Sharpe ratio: Return per unit of total volatility	1.51	1.41	+0.10
Sortino ratio: Return per unit of downside risk	2.06	2.00	+0.06
Omega ratio: Gain probability vs. loss probability	1.27	1.25	+0.02
Calmar ratio: Return relative to maximum drawdown	2.07	1.80	+0.27
Martin ratio: Return relative to average drawdown	7.57	7.16	+0.42

FAEGX vs. FIFNX - Sharpe Ratio Comparison

The current FAEGX Sharpe Ratio is 1.51, which is comparable to the FIFNX Sharpe Ratio of 1.41. The chart below compares the historical Sharpe Ratios of FAEGX and FIFNX, 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

FAEGX vs. FIFNX - Drawdown Comparison

The maximum FAEGX drawdown since its inception was -63.85%, which is greater than FIFNX's maximum drawdown of -32.52%. Use the drawdown chart below to compare losses from any high point for FAEGX and FIFNX.

Drawdown Indicators

	FAEGX	FIFNX	Difference
Max Drawdown Largest peak-to-trough decline	-63.85%	-32.52%	-31.33%
Max Drawdown (1Y) Largest decline over 1 year	-12.75%	-12.27%	-0.48%
Max Drawdown (3Y) Largest decline over 3 years	-31.02%	-23.26%	-7.76%
Max Drawdown (5Y) Largest decline over 5 years	-31.02%	-32.52%	+1.50%
Max Drawdown (10Y) Largest decline over 10 years	-31.16%	—	—
Current Drawdown Current decline from peak	-2.97%	-1.28%	-1.69%
Average Drawdown Average peak-to-trough decline	-16.13%	-7.95%	-8.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.48%	3.07%	+0.41%

Volatility

FAEGX vs. FIFNX - Volatility Comparison

Fidelity Advisor Equity Growth Fund Class M (FAEGX) has a higher volatility of 7.09% compared to Fidelity Founders Fund (FIFNX) at 5.99%. This indicates that FAEGX's price experiences larger fluctuations and is considered to be riskier than FIFNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FAEGX	FIFNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.09%	5.99%	+1.10%
Volatility (6M) Calculated over the trailing 6-month period	14.07%	12.51%	+1.56%
Volatility (1Y) Calculated over the trailing 1-year period	17.52%	15.65%	+1.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.03%	21.30%	-0.27%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.96%	22.58%	-1.62%

FAEGX vs. FIFNX - Expense Ratio Comparison

FAEGX has a 1.21% expense ratio, which is higher than FIFNX's 0.90% expense ratio.

Dividends

FAEGX vs. FIFNX - Dividend Comparison

FAEGX's dividend yield for the trailing twelve months is around 0.58%, less than FIFNX's 2.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FAEGX Fidelity Advisor Equity Growth Fund Class M	0.58%	0.65%	0.00%	0.58%	2.34%	13.01%	12.18%	9.80%	7.24%	12.32%	6.48%	2.40%
FIFNX Fidelity Founders Fund	2.38%	2.40%	6.31%	0.11%	2.54%	6.17%	0.00%	0.09%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FAEGX and FIFNX in my portfolio?

With a correlation of 0.91, FAEGX and FIFNX 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, FAEGX or FIFNX?

FAEGX has higher volatility (7.09%) compared to FIFNX (5.99%). In terms of maximum drawdown, FAEGX dropped -63.85% vs FIFNX's -32.52%.

Which has better risk-adjusted returns?

FAEGX currently has the higher Sharpe Ratio (1.51 vs 1.41), 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.