FALGX vs. FNILX
Compare and contrast key facts about Fidelity Advisor Large Cap Fund Class M (FALGX) and Fidelity ZERO Large Cap Index Fund (FNILX).
FALGX is managed by Fidelity. It was launched on Feb 20, 1996. FNILX is managed by Fidelity.
Performance
FALGX vs. FNILX - Performance Comparison
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FALGX vs. FNILX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FALGX Fidelity Advisor Large Cap Fund Class M | 0.00% | 19.09% | 18.68% | 22.88% | -8.40% | 25.20% | 8.27% | 31.01% | -15.66% |
FNILX Fidelity ZERO Large Cap Index Fund | -7.30% | 17.81% | 25.47% | 27.45% | -19.37% | 26.67% | 21.13% | 31.79% | -13.60% |
Returns By Period
FALGX
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- -1.20%
- 1Y
- 22.17%
- 3Y*
- 17.76%
- 5Y*
- 12.19%
- 10Y*
- 13.44%
FNILX
- 1D
- -0.35%
- 1M
- -7.60%
- YTD
- -7.30%
- 6M
- -5.00%
- 1Y
- 14.41%
- 3Y*
- 17.43%
- 5Y*
- 11.17%
- 10Y*
- —
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FALGX vs. FNILX - Expense Ratio Comparison
FALGX has a 1.05% expense ratio, which is higher than FNILX's 0.00% expense ratio.
Return for Risk
FALGX vs. FNILX — Risk / Return Rank
FALGX
FNILX
FALGX vs. FNILX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Large Cap Fund Class M (FALGX) and Fidelity ZERO Large Cap Index Fund (FNILX). 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.
| FALGX | FNILX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.44 | 0.83 | +0.62 |
Sortino ratioReturn per unit of downside risk | 2.06 | 1.28 | +0.78 |
Omega ratioGain probability vs. loss probability | 1.45 | 1.20 | +0.25 |
Calmar ratioReturn relative to maximum drawdown | 1.12 | 1.04 | +0.08 |
Martin ratioReturn relative to average drawdown | 4.56 | 5.01 | -0.46 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FALGX | FNILX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.44 | 0.83 | +0.62 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.74 | 0.65 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.44 | 0.64 | -0.19 |
Correlation
The correlation between FALGX and FNILX 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.
Dividends
FALGX vs. FNILX - Dividend Comparison
FALGX's dividend yield for the trailing twelve months is around 5.76%, more than FNILX's 1.09% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FALGX Fidelity Advisor Large Cap Fund Class M | 5.76% | 5.76% | 0.00% | 3.20% | 1.91% | 6.44% | 5.25% | 8.39% | 16.99% | 6.42% | 1.85% | 2.74% |
FNILX Fidelity ZERO Large Cap Index Fund | 1.09% | 1.01% | 1.09% | 1.34% | 1.53% | 0.95% | 1.20% | 1.17% | 0.53% | 0.00% | 0.00% | 0.00% |
Drawdowns
FALGX vs. FNILX - Drawdown Comparison
The maximum FALGX drawdown since its inception was -64.07%, which is greater than FNILX's maximum drawdown of -33.76%. Use the drawdown chart below to compare losses from any high point for FALGX and FNILX.
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Drawdown Indicators
| FALGX | FNILX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -64.07% | -33.76% | -30.31% |
Max Drawdown (1Y)Largest decline over 1 year | -12.31% | -12.18% | -0.13% |
Max Drawdown (5Y)Largest decline over 5 years | -21.78% | -25.40% | +3.62% |
Max Drawdown (10Y)Largest decline over 10 years | -37.58% | — | — |
Current DrawdownCurrent decline from peak | -4.20% | -9.01% | +4.81% |
Average DrawdownAverage peak-to-trough decline | -14.48% | -5.47% | -9.01% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.93% | 2.54% | +1.39% |
Volatility
FALGX vs. FNILX - Volatility Comparison
The current volatility for Fidelity Advisor Large Cap Fund Class M (FALGX) is 0.00%, while Fidelity ZERO Large Cap Index Fund (FNILX) has a volatility of 4.23%. This indicates that FALGX experiences smaller price fluctuations and is considered to be less risky than FNILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FALGX | FNILX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 4.23% | -4.23% |
Volatility (6M)Calculated over the trailing 6-month period | 5.84% | 9.14% | -3.30% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.20% | 18.26% | -1.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.76% | 17.22% | -0.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.71% | 20.17% | -1.46% |