FAGOX vs. SPLG
Compare and contrast key facts about Fidelity Advisor Growth Opportunities Fund Class M (FAGOX) and SPDR Portfolio S&P 500 ETF (SPLG).
FAGOX is managed by Fidelity. It was launched on Nov 18, 1987. SPLG is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 15, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FAGOX or SPLG.
Key characteristics
| FAGOX | SPLG | |
|---|---|---|
| YTD Return | 38.96% | 27.16% |
| 1Y Return | 56.19% | 39.88% |
| 3Y Return (Ann) | 1.45% | 10.28% |
| 5Y Return (Ann) | 15.48% | 16.07% |
| 10Y Return (Ann) | 10.89% | 13.53% |
| Sharpe Ratio | 2.76 | 3.16 |
| Sortino Ratio | 3.52 | 4.21 |
| Omega Ratio | 1.49 | 1.59 |
| Calmar Ratio | 1.63 | 4.60 |
| Martin Ratio | 15.92 | 20.90 |
| Ulcer Index | 3.44% | 1.86% |
| Daily Std Dev | 19.85% | 12.27% |
| Max Drawdown | -65.31% | -54.50% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between FAGOX and SPLG is 0.78, 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
FAGOX vs. SPLG - Performance Comparison
In the year-to-date period, FAGOX achieves a 38.96% return, which is significantly higher than SPLG's 27.16% return. Over the past 10 years, FAGOX has underperformed SPLG with an annualized return of 10.89%, while SPLG has yielded a comparatively higher 13.53% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FAGOX vs. SPLG - Expense Ratio Comparison
FAGOX has a 1.28% expense ratio, which is higher than SPLG's 0.03% expense ratio.
Risk-Adjusted Performance
FAGOX vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Growth Opportunities Fund Class M (FAGOX) and SPDR Portfolio S&P 500 ETF (SPLG). 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
FAGOX vs. SPLG - Dividend Comparison
FAGOX has not paid dividends to shareholders, while SPLG's dividend yield for the trailing twelve months is around 1.22%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% | 0.00% |
SPLG SPDR Portfolio S&P 500 ETF | 1.22% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% | 1.71% |
Drawdowns
FAGOX vs. SPLG - Drawdown Comparison
The maximum FAGOX drawdown since its inception was -65.31%, which is greater than SPLG's maximum drawdown of -54.50%. Use the drawdown chart below to compare losses from any high point for FAGOX and SPLG. For additional features, visit the drawdowns tool.
Volatility
FAGOX vs. SPLG - Volatility Comparison
Fidelity Advisor Growth Opportunities Fund Class M (FAGOX) has a higher volatility of 5.47% compared to SPDR Portfolio S&P 500 ETF (SPLG) at 3.94%. This indicates that FAGOX's price experiences larger fluctuations and is considered to be riskier than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.