PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FAEGX vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FAEGX and QQQ is 0.91, 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.


-0.50.00.51.00.9

Performance

FAEGX vs. QQQ - Performance Comparison

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

200.00%400.00%600.00%800.00%1,000.00%1,200.00%AugustSeptemberOctoberNovemberDecember2025
284.18%
1,120.21%
FAEGX
QQQ

Key characteristics

Sharpe Ratio

FAEGX:

0.80

QQQ:

1.42

Sortino Ratio

FAEGX:

1.06

QQQ:

1.94

Omega Ratio

FAEGX:

1.18

QQQ:

1.25

Calmar Ratio

FAEGX:

1.06

QQQ:

1.90

Martin Ratio

FAEGX:

3.44

QQQ:

6.64

Ulcer Index

FAEGX:

4.63%

QQQ:

3.89%

Daily Std Dev

FAEGX:

19.97%

QQQ:

18.18%

Max Drawdown

FAEGX:

-63.80%

QQQ:

-82.98%

Current Drawdown

FAEGX:

-10.61%

QQQ:

-1.43%

Returns By Period

In the year-to-date period, FAEGX achieves a 4.98% return, which is significantly higher than QQQ's 3.60% return. Over the past 10 years, FAEGX has underperformed QQQ with an annualized return of 8.33%, while QQQ has yielded a comparatively higher 19.02% annualized return.


FAEGX

YTD

4.98%

1M

2.17%

6M

0.81%

1Y

14.52%

5Y*

9.88%

10Y*

8.33%

QQQ

YTD

3.60%

1M

0.01%

6M

14.74%

1Y

25.71%

5Y*

20.25%

10Y*

19.02%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FAEGX vs. QQQ - Expense Ratio Comparison

FAEGX has a 1.21% expense ratio, which is higher than QQQ's 0.20% expense ratio.


FAEGX
Fidelity Advisor Equity Growth Fund Class M
Expense ratio chart for FAEGX: current value at 1.21% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.21%
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

FAEGX vs. QQQ — Risk-Adjusted Performance Rank

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

FAEGX
The Risk-Adjusted Performance Rank of FAEGX is 4343
Overall Rank
The Sharpe Ratio Rank of FAEGX is 3434
Sharpe Ratio Rank
The Sortino Ratio Rank of FAEGX is 3030
Sortino Ratio Rank
The Omega Ratio Rank of FAEGX is 4141
Omega Ratio Rank
The Calmar Ratio Rank of FAEGX is 6464
Calmar Ratio Rank
The Martin Ratio Rank of FAEGX is 4444
Martin Ratio Rank

QQQ
The Risk-Adjusted Performance Rank of QQQ is 5959
Overall Rank
The Sharpe Ratio Rank of QQQ is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQ is 5757
Sortino Ratio Rank
The Omega Ratio Rank of QQQ is 5858
Omega Ratio Rank
The Calmar Ratio Rank of QQQ is 6161
Calmar Ratio Rank
The Martin Ratio Rank of QQQ is 5959
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FAEGX vs. QQQ - Risk-Adjusted Performance Comparison

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


Sharpe ratio
The chart of Sharpe ratio for FAEGX, currently valued at 0.80, compared to the broader market-1.000.001.002.003.004.000.801.42
The chart of Sortino ratio for FAEGX, currently valued at 1.06, compared to the broader market0.005.0010.001.061.94
The chart of Omega ratio for FAEGX, currently valued at 1.18, compared to the broader market1.002.003.004.001.181.25
The chart of Calmar ratio for FAEGX, currently valued at 1.06, compared to the broader market0.005.0010.0015.0020.001.061.90
The chart of Martin ratio for FAEGX, currently valued at 3.44, compared to the broader market0.0020.0040.0060.0080.003.446.64
FAEGX
QQQ

The current FAEGX Sharpe Ratio is 0.80, which is lower than the QQQ Sharpe Ratio of 1.42. The chart below compares the historical Sharpe Ratios of FAEGX and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00AugustSeptemberOctoberNovemberDecember2025
0.80
1.42
FAEGX
QQQ

Dividends

FAEGX vs. QQQ - Dividend Comparison

FAEGX has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.54%.


TTM20242023202220212020201920182017201620152014
FAEGX
Fidelity Advisor Equity Growth Fund Class M
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%2.40%0.00%
QQQ
Invesco QQQ
0.54%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%

Drawdowns

FAEGX vs. QQQ - Drawdown Comparison

The maximum FAEGX drawdown since its inception was -63.80%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for FAEGX and QQQ. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%AugustSeptemberOctoberNovemberDecember2025
-10.61%
-1.43%
FAEGX
QQQ

Volatility

FAEGX vs. QQQ - Volatility Comparison

Fidelity Advisor Equity Growth Fund Class M (FAEGX) has a higher volatility of 13.22% compared to Invesco QQQ (QQQ) at 5.37%. This indicates that FAEGX's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%AugustSeptemberOctoberNovemberDecember2025
13.22%
5.37%
FAEGX
QQQ
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2025 PortfoliosLab