FAGAX vs. IVV
Compare and contrast key facts about Fidelity Advisor Growth Opportunities Fund Class A (FAGAX) and iShares Core S&P 500 ETF (IVV).
FAGAX is managed by Fidelity. It was launched on Sep 3, 1996. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000.
Performance
FAGAX vs. IVV - Performance Comparison
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FAGAX vs. IVV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FAGAX Fidelity Advisor Growth Opportunities Fund Class A | -9.54% | 22.17% | 38.71% | 45.14% | -38.40% | 11.31% | 68.60% | 40.26% | 14.87% | 34.66% |
IVV iShares Core S&P 500 ETF | -3.67% | 17.85% | 24.93% | 26.31% | -18.16% | 28.76% | 18.40% | 31.07% | -4.49% | 21.75% |
Returns By Period
In the year-to-date period, FAGAX achieves a -9.54% return, which is significantly lower than IVV's -3.67% return. Over the past 10 years, FAGAX has outperformed IVV with an annualized return of 19.20%, while IVV has yielded a comparatively lower 14.11% annualized return.
FAGAX
- 1D
- 4.77%
- 1M
- -5.81%
- YTD
- -9.54%
- 6M
- -8.51%
- 1Y
- 22.71%
- 3Y*
- 24.82%
- 5Y*
- 7.91%
- 10Y*
- 19.20%
IVV
- 1D
- 0.74%
- 1M
- -4.30%
- YTD
- -3.67%
- 6M
- -1.44%
- 1Y
- 18.17%
- 3Y*
- 18.58%
- 5Y*
- 11.92%
- 10Y*
- 14.11%
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FAGAX vs. IVV - Expense Ratio Comparison
FAGAX has a 1.04% expense ratio, which is higher than IVV's 0.03% expense ratio.
Return for Risk
FAGAX vs. IVV — Risk / Return Rank
FAGAX
IVV
FAGAX vs. IVV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Growth Opportunities Fund Class A (FAGAX) and iShares Core S&P 500 ETF (IVV). 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.
| FAGAX | IVV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.99 | 1.00 | -0.01 |
Sortino ratioReturn per unit of downside risk | 1.51 | 1.52 | -0.01 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.23 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.46 | 1.54 | -0.08 |
Martin ratioReturn relative to average drawdown | 5.25 | 7.28 | -2.03 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FAGAX | IVV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.99 | 1.00 | -0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | 0.71 | -0.39 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.81 | 0.78 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.42 | +0.04 |
Correlation
The correlation between FAGAX and IVV is 0.89, 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.
Dividends
FAGAX vs. IVV - Dividend Comparison
FAGAX's dividend yield for the trailing twelve months is around 4.54%, more than IVV's 1.22% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAGAX Fidelity Advisor Growth Opportunities Fund Class A | 4.54% | 4.11% | 0.00% | 0.00% | 0.00% | 10.19% | 5.45% | 4.10% | 11.99% | 7.67% | 15.44% | 11.12% |
IVV iShares Core S&P 500 ETF | 1.22% | 1.17% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.85% | 2.21% | 1.75% | 2.01% | 2.27% |
Drawdowns
FAGAX vs. IVV - Drawdown Comparison
The maximum FAGAX drawdown since its inception was -65.24%, which is greater than IVV's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for FAGAX and IVV.
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Drawdown Indicators
| FAGAX | IVV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.24% | -55.25% | -9.99% |
Max Drawdown (1Y)Largest decline over 1 year | -16.19% | -12.06% | -4.13% |
Max Drawdown (5Y)Largest decline over 5 years | -44.70% | -24.53% | -20.17% |
Max Drawdown (10Y)Largest decline over 10 years | -44.70% | -33.90% | -10.80% |
Current DrawdownCurrent decline from peak | -12.20% | -5.57% | -6.63% |
Average DrawdownAverage peak-to-trough decline | -15.27% | -10.84% | -4.43% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.49% | 2.55% | +1.94% |
Volatility
FAGAX vs. IVV - Volatility Comparison
Fidelity Advisor Growth Opportunities Fund Class A (FAGAX) has a higher volatility of 8.51% compared to iShares Core S&P 500 ETF (IVV) at 5.34%. This indicates that FAGAX's price experiences larger fluctuations and is considered to be riskier than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FAGAX | IVV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.51% | 5.34% | +3.17% |
Volatility (6M)Calculated over the trailing 6-month period | 14.81% | 9.47% | +5.34% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.42% | 18.31% | +6.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.87% | 16.89% | +7.98% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.82% | 18.03% | +5.79% |