FAEGX vs. QQQ
Compare and contrast key facts about Fidelity Advisor Equity Growth Fund Class M (FAEGX) and Invesco QQQ (QQQ).
FAEGX is managed by Fidelity. It was launched on Sep 10, 1992. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FAEGX or QQQ.
Correlation
The correlation between FAEGX and QQQ is 0.87, 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.
Performance
FAEGX vs. QQQ - Performance Comparison
Key characteristics
FAEGX:
-0.23
QQQ:
0.45
FAEGX:
-0.15
QQQ:
0.81
FAEGX:
0.98
QQQ:
1.11
FAEGX:
-0.19
QQQ:
0.51
FAEGX:
-0.52
QQQ:
1.65
FAEGX:
11.57%
QQQ:
6.96%
FAEGX:
25.24%
QQQ:
25.14%
FAEGX:
-63.80%
QQQ:
-82.98%
FAEGX:
-19.73%
QQQ:
-9.42%
Returns By Period
In the year-to-date period, FAEGX achieves a -5.73% return, which is significantly lower than QQQ's -4.41% return. Over the past 10 years, FAEGX has underperformed QQQ with an annualized return of 6.69%, while QQQ has yielded a comparatively higher 17.26% annualized return.
FAEGX
-5.73%
5.64%
-18.18%
-5.83%
7.54%
6.69%
QQQ
-4.41%
4.71%
-4.80%
11.32%
17.54%
17.26%
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.
Risk-Adjusted Performance
FAEGX vs. QQQ — Risk-Adjusted Performance Rank
FAEGX
QQQ
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.
Dividends
FAEGX vs. QQQ - Dividend Comparison
FAEGX's dividend yield for the trailing twelve months is around 13.97%, more than QQQ's 0.61% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAEGX Fidelity Advisor Equity Growth Fund Class M | 13.97% | 13.17% | 0.58% | 2.34% | 13.01% | 12.18% | 9.80% | 7.24% | 12.32% | 6.48% | 2.40% | 0.00% |
QQQ Invesco QQQ | 0.61% | 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.
Volatility
FAEGX vs. QQQ - Volatility Comparison
The current volatility for Fidelity Advisor Equity Growth Fund Class M (FAEGX) is 7.77%, while Invesco QQQ (QQQ) has a volatility of 8.24%. This indicates that FAEGX experiences smaller price fluctuations and is considered to be less risky than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.