FAGCX vs. SPY
Compare and contrast key facts about Fidelity Advisor Growth Opportunities Fund Class I (FAGCX) and SPDR S&P 500 ETF (SPY).
FAGCX is managed by Fidelity. It was launched on Jul 3, 1995. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FAGCX or SPY.
Correlation
The correlation between FAGCX and SPY is 0.88, 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
FAGCX vs. SPY - Performance Comparison
Key characteristics
FAGCX:
1.99
SPY:
2.17
FAGCX:
2.64
SPY:
2.88
FAGCX:
1.36
SPY:
1.41
FAGCX:
1.53
SPY:
3.19
FAGCX:
11.73
SPY:
14.10
FAGCX:
3.46%
SPY:
1.90%
FAGCX:
20.45%
SPY:
12.39%
FAGCX:
-65.09%
SPY:
-55.19%
FAGCX:
-4.31%
SPY:
-3.19%
Returns By Period
In the year-to-date period, FAGCX achieves a 39.72% return, which is significantly higher than SPY's 24.97% return. Over the past 10 years, FAGCX has underperformed SPY with an annualized return of 11.61%, while SPY has yielded a comparatively higher 12.92% annualized return.
FAGCX
39.72%
1.21%
11.91%
43.18%
14.79%
11.61%
SPY
24.97%
-0.32%
8.25%
26.85%
14.57%
12.92%
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FAGCX vs. SPY - Expense Ratio Comparison
FAGCX has a 0.79% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FAGCX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Growth Opportunities Fund Class I (FAGCX) and SPDR S&P 500 ETF (SPY). 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
FAGCX vs. SPY - Dividend Comparison
FAGCX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.87%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAGCX Fidelity Advisor Growth Opportunities Fund Class I | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPY SPDR S&P 500 ETF | 0.87% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
FAGCX vs. SPY - Drawdown Comparison
The maximum FAGCX drawdown since its inception was -65.09%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FAGCX and SPY. For additional features, visit the drawdowns tool.
Volatility
FAGCX vs. SPY - Volatility Comparison
Fidelity Advisor Growth Opportunities Fund Class I (FAGCX) has a higher volatility of 5.70% compared to SPDR S&P 500 ETF (SPY) at 3.64%. This indicates that FAGCX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.