FALAX vs. FXAIX
Compare and contrast key facts about Fidelity Advisor Large Cap Fund Class A (FALAX) and Fidelity 500 Index Fund (FXAIX).
FALAX is managed by Fidelity. It was launched on Sep 3, 1996. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FALAX or FXAIX.
Correlation
The correlation between FALAX and FXAIX is 0.93, 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
FALAX vs. FXAIX - Performance Comparison
Key characteristics
FALAX:
1.51
FXAIX:
1.87
FALAX:
1.97
FXAIX:
2.52
FALAX:
1.30
FXAIX:
1.34
FALAX:
2.25
FXAIX:
2.82
FALAX:
7.14
FXAIX:
11.69
FALAX:
2.88%
FXAIX:
2.04%
FALAX:
13.65%
FXAIX:
12.77%
FALAX:
-62.96%
FXAIX:
-33.79%
FALAX:
-3.71%
FXAIX:
0.00%
Returns By Period
In the year-to-date period, FALAX achieves a 5.94% return, which is significantly higher than FXAIX's 4.63% return. Over the past 10 years, FALAX has underperformed FXAIX with an annualized return of 6.97%, while FXAIX has yielded a comparatively higher 13.14% annualized return.
FALAX
5.94%
2.06%
6.11%
21.57%
11.46%
6.97%
FXAIX
4.63%
2.57%
10.02%
25.15%
14.81%
13.14%
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FALAX vs. FXAIX - Expense Ratio Comparison
FALAX has a 0.80% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
FALAX vs. FXAIX — Risk-Adjusted Performance Rank
FALAX
FXAIX
FALAX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Large Cap Fund Class A (FALAX) and Fidelity 500 Index Fund (FXAIX). 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
FALAX vs. FXAIX - Dividend Comparison
FALAX's dividend yield for the trailing twelve months is around 0.50%, less than FXAIX's 1.19% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FALAX Fidelity Advisor Large Cap Fund Class A | 0.50% | 0.53% | 0.74% | 1.11% | 1.64% | 1.79% | 1.93% | 1.76% | 1.13% | 1.10% | 0.87% | 5.11% |
FXAIX Fidelity 500 Index Fund | 1.19% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
FALAX vs. FXAIX - Drawdown Comparison
The maximum FALAX drawdown since its inception was -62.96%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FALAX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
FALAX vs. FXAIX - Volatility Comparison
Fidelity Advisor Large Cap Fund Class A (FALAX) has a higher volatility of 3.65% compared to Fidelity 500 Index Fund (FXAIX) at 3.06%. This indicates that FALAX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.