FALIX vs. FSKAX
Compare and contrast key facts about Fidelity Advisor Large Cap Fund Class I (FALIX) and Fidelity Total Market Index Fund (FSKAX).
FALIX is managed by Fidelity. It was launched on Feb 20, 1996. FSKAX is managed by Fidelity.
Performance
FALIX vs. FSKAX - Performance Comparison
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FALIX vs. FSKAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FALIX Fidelity Advisor Large Cap Fund Class I | 0.00% | 19.65% | 26.36% | 23.49% | -7.91% | 25.81% | 8.85% | 31.71% | -8.42% | 16.93% |
FSKAX Fidelity Total Market Index Fund | -6.77% | 17.06% | 23.89% | 26.12% | -19.53% | 25.66% | 20.79% | 30.92% | -5.32% | 20.85% |
Returns By Period
Over the past 10 years, FALIX has outperformed FSKAX with an annualized return of 14.62%, while FSKAX has yielded a comparatively lower 13.23% annualized return.
FALIX
- 1D
- 0.00%
- 1M
- 0.00%
- YTD
- 0.00%
- 6M
- -1.12%
- 1Y
- 22.56%
- 3Y*
- 20.59%
- 5Y*
- 14.03%
- 10Y*
- 14.62%
FSKAX
- 1D
- -0.47%
- 1M
- -7.69%
- YTD
- -6.77%
- 6M
- -4.56%
- 1Y
- 14.73%
- 3Y*
- 16.72%
- 5Y*
- 10.13%
- 10Y*
- 13.23%
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FALIX vs. FSKAX - Expense Ratio Comparison
FALIX has a 0.54% expense ratio, which is higher than FSKAX's 0.02% expense ratio.
Return for Risk
FALIX vs. FSKAX — Risk / Return Rank
FALIX
FSKAX
FALIX vs. FSKAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Large Cap Fund Class I (FALIX) and Fidelity Total Market Index Fund (FSKAX). 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.
| FALIX | FSKAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.47 | 0.83 | +0.64 |
Sortino ratioReturn per unit of downside risk | 2.10 | 1.29 | +0.81 |
Omega ratioGain probability vs. loss probability | 1.45 | 1.19 | +0.26 |
Calmar ratioReturn relative to maximum drawdown | 1.15 | 1.04 | +0.11 |
Martin ratioReturn relative to average drawdown | 4.70 | 5.05 | -0.35 |
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
| FALIX | FSKAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.47 | 0.83 | +0.64 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.87 | 0.59 | +0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.79 | 0.72 | +0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.78 | -0.30 |
Correlation
The correlation between FALIX and FSKAX 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.
Dividends
FALIX vs. FSKAX - Dividend Comparison
FALIX's dividend yield for the trailing twelve months is around 5.86%, more than FSKAX's 1.09% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FALIX Fidelity Advisor Large Cap Fund Class I | 5.86% | 5.86% | 6.10% | 3.43% | 2.28% | 6.51% | 5.39% | 8.35% | 16.78% | 6.13% | 2.25% | 3.16% |
FSKAX Fidelity Total Market Index Fund | 1.09% | 1.01% | 1.19% | 1.41% | 1.62% | 1.15% | 1.45% | 1.94% | 2.54% | 2.07% | 2.43% | 0.82% |
Drawdowns
FALIX vs. FSKAX - Drawdown Comparison
The maximum FALIX drawdown since its inception was -62.37%, which is greater than FSKAX's maximum drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for FALIX and FSKAX.
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Drawdown Indicators
| FALIX | FSKAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.37% | -35.01% | -27.36% |
Max Drawdown (1Y)Largest decline over 1 year | -12.28% | -12.42% | +0.14% |
Max Drawdown (5Y)Largest decline over 5 years | -21.48% | -25.39% | +3.91% |
Max Drawdown (10Y)Largest decline over 10 years | -37.51% | -35.01% | -2.50% |
Current DrawdownCurrent decline from peak | -4.17% | -8.92% | +4.75% |
Average DrawdownAverage peak-to-trough decline | -13.32% | -4.05% | -9.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.90% | 2.57% | +1.33% |
Volatility
FALIX vs. FSKAX - Volatility Comparison
The current volatility for Fidelity Advisor Large Cap Fund Class I (FALIX) is 0.00%, while Fidelity Total Market Index Fund (FSKAX) has a volatility of 4.42%. This indicates that FALIX experiences smaller price fluctuations and is considered to be less risky than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FALIX | FSKAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.00% | 4.42% | -4.42% |
Volatility (6M)Calculated over the trailing 6-month period | 5.85% | 9.40% | -3.55% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.16% | 18.50% | -1.34% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.55% | 17.38% | -0.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.62% | 18.42% | +0.20% |