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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FAGAX or IVV.
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.
Performance
FAGAX vs. IVV - Performance Comparison
Key characteristics
FAGAX:
1.99
IVV:
2.04
FAGAX:
2.63
IVV:
2.72
FAGAX:
1.35
IVV:
1.38
FAGAX:
1.63
IVV:
3.10
FAGAX:
11.60
IVV:
12.98
FAGAX:
3.55%
IVV:
2.01%
FAGAX:
20.69%
IVV:
12.78%
FAGAX:
-65.24%
IVV:
-55.25%
FAGAX:
-2.80%
IVV:
-2.15%
Returns By Period
In the year-to-date period, FAGAX achieves a 2.06% return, which is significantly higher than IVV's 1.18% return. Over the past 10 years, FAGAX has underperformed IVV with an annualized return of 12.66%, while IVV has yielded a comparatively higher 13.44% annualized return.
FAGAX
2.06%
-2.80%
14.61%
41.35%
14.15%
12.66%
IVV
1.18%
-1.99%
7.15%
26.50%
14.12%
13.44%
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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.
Risk-Adjusted Performance
FAGAX vs. IVV — Risk-Adjusted Performance Rank
FAGAX
IVV
FAGAX vs. IVV - Risk-Adjusted Performance 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.
Dividends
FAGAX vs. IVV - Dividend Comparison
FAGAX has not paid dividends to shareholders, while IVV's dividend yield for the trailing twelve months is around 1.28%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAGAX Fidelity Advisor Growth Opportunities Fund Class A | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 11.12% | 0.00% |
IVV iShares Core S&P 500 ETF | 1.28% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.21% | 1.75% | 2.01% | 2.27% | 1.83% |
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. For additional features, visit the drawdowns tool.
Volatility
FAGAX vs. IVV - Volatility Comparison
Fidelity Advisor Growth Opportunities Fund Class A (FAGAX) has a higher volatility of 6.97% compared to iShares Core S&P 500 ETF (IVV) at 4.96%. 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.