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

Correlation

The correlation between FAGOX and CMTFX 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.


-0.50.00.51.00.9

Performance

FAGOX vs. CMTFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Growth Opportunities Fund Class M (FAGOX) and Columbia Global Technology Growth Fund (CMTFX). The values are adjusted to include any dividend payments, if applicable.

300.00%400.00%500.00%600.00%700.00%800.00%900.00%1,000.00%JulyAugustSeptemberOctoberNovemberDecember
442.99%
937.45%
FAGOX
CMTFX

Key characteristics

Sharpe Ratio

FAGOX:

2.17

CMTFX:

1.51

Sortino Ratio

FAGOX:

2.83

CMTFX:

2.03

Omega Ratio

FAGOX:

1.39

CMTFX:

1.27

Calmar Ratio

FAGOX:

1.59

CMTFX:

2.03

Martin Ratio

FAGOX:

12.66

CMTFX:

6.72

Ulcer Index

FAGOX:

3.49%

CMTFX:

5.02%

Daily Std Dev

FAGOX:

20.35%

CMTFX:

22.37%

Max Drawdown

FAGOX:

-65.31%

CMTFX:

-68.25%

Current Drawdown

FAGOX:

-3.18%

CMTFX:

-3.03%

Returns By Period

In the year-to-date period, FAGOX achieves a 40.69% return, which is significantly higher than CMTFX's 31.82% return. Over the past 10 years, FAGOX has underperformed CMTFX with an annualized return of 10.89%, while CMTFX has yielded a comparatively higher 17.27% annualized return.


FAGOX

YTD

40.69%

1M

2.63%

6M

13.44%

1Y

41.78%

5Y*

14.25%

10Y*

10.89%

CMTFX

YTD

31.82%

1M

2.04%

6M

4.97%

1Y

31.86%

5Y*

17.66%

10Y*

17.27%

Compare stocks, funds, or ETFs

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


FAGOX vs. CMTFX - Expense Ratio Comparison

FAGOX has a 1.28% expense ratio, which is higher than CMTFX's 0.92% expense ratio.


FAGOX
Fidelity Advisor Growth Opportunities Fund Class M
Expense ratio chart for FAGOX: current value at 1.28% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.28%
Expense ratio chart for CMTFX: current value at 0.92% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.92%

Risk-Adjusted Performance

FAGOX vs. CMTFX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Growth Opportunities Fund Class M (FAGOX) and Columbia Global Technology Growth Fund (CMTFX). 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 FAGOX, currently valued at 2.17, compared to the broader market-1.000.001.002.003.004.002.171.51
The chart of Sortino ratio for FAGOX, currently valued at 2.83, compared to the broader market-2.000.002.004.006.008.0010.002.832.03
The chart of Omega ratio for FAGOX, currently valued at 1.39, compared to the broader market0.501.001.502.002.503.003.501.391.27
The chart of Calmar ratio for FAGOX, currently valued at 1.59, compared to the broader market0.002.004.006.008.0010.0012.0014.001.592.03
The chart of Martin ratio for FAGOX, currently valued at 12.66, compared to the broader market0.0020.0040.0060.0012.666.72
FAGOX
CMTFX

The current FAGOX Sharpe Ratio is 2.17, which is higher than the CMTFX Sharpe Ratio of 1.51. The chart below compares the historical Sharpe Ratios of FAGOX and CMTFX, 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 Ratio1.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
2.17
1.51
FAGOX
CMTFX

Dividends

FAGOX vs. CMTFX - Dividend Comparison

Neither FAGOX nor CMTFX has paid dividends to shareholders.


TTM2023202220212020201920182017201620152014
FAGOX
Fidelity Advisor Growth Opportunities Fund Class M
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
CMTFX
Columbia Global Technology Growth Fund
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.52%

Drawdowns

FAGOX vs. CMTFX - Drawdown Comparison

The maximum FAGOX drawdown since its inception was -65.31%, roughly equal to the maximum CMTFX drawdown of -68.25%. Use the drawdown chart below to compare losses from any high point for FAGOX and CMTFX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.18%
-3.03%
FAGOX
CMTFX

Volatility

FAGOX vs. CMTFX - Volatility Comparison

Fidelity Advisor Growth Opportunities Fund Class M (FAGOX) and Columbia Global Technology Growth Fund (CMTFX) have volatilities of 5.81% and 5.76%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%12.00%JulyAugustSeptemberOctoberNovemberDecember
5.81%
5.76%
FAGOX
CMTFX
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 © 2024 PortfoliosLab