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FALGX vs. FZROX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FALGX vs. FZROX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Large Cap Fund Class M (FALGX) and Fidelity ZERO Total Market Index Fund (FZROX). The values are adjusted to include any dividend payments, if applicable.

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FALGX vs. FZROX - Yearly Performance Comparison


2026 (YTD)20252024202320222021202020192018
FALGX
Fidelity Advisor Large Cap Fund Class M
0.00%19.09%18.68%22.88%-8.40%25.20%8.27%31.01%-13.37%
FZROX
Fidelity ZERO Total Market Index Fund
-6.77%17.23%23.94%26.20%-19.21%26.00%20.51%31.15%-12.72%

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%

FZROX

1D
-0.45%
1M
-7.71%
YTD
-6.77%
6M
-4.49%
1Y
14.82%
3Y*
16.81%
5Y*
10.36%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FALGX vs. FZROX - Expense Ratio Comparison

FALGX has a 1.05% expense ratio, which is higher than FZROX's 0.00% expense ratio.


Return for Risk

FALGX vs. FZROX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FALGX
FALGX Risk / Return Rank: 6868
Overall Rank
FALGX Sharpe Ratio Rank: 7979
Sharpe Ratio Rank
FALGX Sortino Ratio Rank: 8181
Sortino Ratio Rank
FALGX Omega Ratio Rank: 9292
Omega Ratio Rank
FALGX Calmar Ratio Rank: 4545
Calmar Ratio Rank
FALGX Martin Ratio Rank: 4444
Martin Ratio Rank

FZROX
FZROX Risk / Return Rank: 4646
Overall Rank
FZROX Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
FZROX Sortino Ratio Rank: 4545
Sortino Ratio Rank
FZROX Omega Ratio Rank: 4949
Omega Ratio Rank
FZROX Calmar Ratio Rank: 4141
Calmar Ratio Rank
FZROX Martin Ratio Rank: 5353
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FALGX vs. FZROX - 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 Total Market Index Fund (FZROX). 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.


FALGXFZROXDifference

Sharpe ratio

Return per unit of total volatility

1.44

0.84

+0.61

Sortino ratio

Return per unit of downside risk

2.06

1.30

+0.77

Omega ratio

Gain probability vs. loss probability

1.45

1.20

+0.25

Calmar ratio

Return relative to maximum drawdown

1.12

1.05

+0.07

Martin ratio

Return relative to average drawdown

4.56

5.11

-0.56

FALGX vs. FZROX - Sharpe Ratio Comparison

The current FALGX Sharpe Ratio is 1.44, which is higher than the FZROX Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of FALGX and FZROX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FALGXFZROXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.44

0.84

+0.61

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.74

0.60

+0.14

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

0.61

-0.16

Correlation

The correlation between FALGX and FZROX is 0.90, 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. FZROX - Dividend Comparison

FALGX's dividend yield for the trailing twelve months is around 5.76%, more than FZROX's 1.10% yield.


TTM20252024202320222021202020192018201720162015
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%
FZROX
Fidelity ZERO Total Market Index Fund
1.10%1.02%1.16%1.36%1.57%1.25%1.27%1.51%0.00%0.00%0.00%0.00%

Drawdowns

FALGX vs. FZROX - Drawdown Comparison

The maximum FALGX drawdown since its inception was -64.07%, which is greater than FZROX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FALGX and FZROX.


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Drawdown Indicators


FALGXFZROXDifference

Max Drawdown

Largest peak-to-trough decline

-64.07%

-34.96%

-29.11%

Max Drawdown (1Y)

Largest decline over 1 year

-12.31%

-12.44%

+0.13%

Max Drawdown (5Y)

Largest decline over 5 years

-21.78%

-25.12%

+3.34%

Max Drawdown (10Y)

Largest decline over 10 years

-37.58%

Current Drawdown

Current decline from peak

-4.20%

-8.89%

+4.69%

Average Drawdown

Average peak-to-trough decline

-14.48%

-5.61%

-8.87%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.93%

2.56%

+1.37%

Volatility

FALGX vs. FZROX - Volatility Comparison

The current volatility for Fidelity Advisor Large Cap Fund Class M (FALGX) is 0.00%, while Fidelity ZERO Total Market Index Fund (FZROX) has a volatility of 4.41%. This indicates that FALGX experiences smaller price fluctuations and is considered to be less risky than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FALGXFZROXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.00%

4.41%

-4.41%

Volatility (6M)

Calculated over the trailing 6-month period

5.84%

9.34%

-3.50%

Volatility (1Y)

Calculated over the trailing 1-year period

17.20%

18.49%

-1.29%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

16.76%

17.40%

-0.64%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.71%

20.25%

-1.54%