FBCKX vs. FSPGX

Last updated Aug 4, 2026

FBCKX (Fidelity Advisor Blue Chip Growth Fund Class Z) and FSPGX (Fidelity Large Cap Growth Index Fund) are both mutual funds - FBCKX is a Diversified Portfolio fund managed by Fidelity, while FSPGX is a Large Cap Growth Equities fund managed by Fidelity. Over the past year, FBCKX returned 25.51% vs 10.13% for FSPGX. Their 0.96 correlation means they have historically moved very closely together. FBCKX charges 0.61%/yr vs 0.04%/yr for FSPGX.

Performance

FBCKX vs. FSPGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Blue Chip Growth Fund Class Z (FBCKX) and Fidelity Large Cap Growth Index Fund (FSPGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FBCKX achieves a 11.30% return, which is significantly higher than FSPGX's 0.30% return.

FBCKX

• 1D: 1.00%
• 1M: -3.21%
• 6M: 10.86%
• YTD: 11.30%
• 1Y: 25.51%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 22.19%

FSPGX

• 1D: 0.83%
• 1M: -2.42%
• 6M: 1.53%
• YTD: 0.30%
• 1Y: 10.13%
• 3Y*: 19.35%
• 5Y*: 11.86%
• 10Y*: —
• ALL TIME*: 17.91%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FBCKX Fidelity Advisor Blue Chip Growth Fund Class Z	$0.00	$0.00	$0.00
FSPGX Fidelity Large Cap Growth Index Fund	$0.00	$0.00	$0.00

FBCKX vs. FSPGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FBCKX Fidelity Advisor Blue Chip Growth Fund Class Z	11.30%	19.99%	7.26%
FSPGX Fidelity Large Cap Growth Index Fund	0.30%	18.54%	5.74%

Correlation

The correlation between FBCKX and FSPGX is 0.95 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.95
Correlation (All Time) Calculated using the full available price history since Oct 14, 2024	0.96

The correlation between FBCKX and FSPGX has been stable across timeframes, ranging from 0.95 to 0.96 - a consistent structural relationship.

Return for Risk

FBCKX vs. FSPGX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FBCKX

FBCKX Risk / Return Rank: 35
FBCKX Sharpe Ratio Rank: 32
FBCKX Sortino Ratio Rank: 31
FBCKX Omega Ratio Rank: 30
FBCKX Calmar Ratio Rank: 41
FBCKX Martin Ratio Rank: 41

FSPGX

FSPGX Risk / Return Rank: 10
FSPGX Sharpe Ratio Rank: 11
FSPGX Sortino Ratio Rank: 11
FSPGX Omega Ratio Rank: 10
FSPGX Calmar Ratio Rank: 10
FSPGX Martin Ratio Rank: 10

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FBCKX vs. FSPGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Blue Chip Growth Fund Class Z (FBCKX) and Fidelity Large Cap Growth Index Fund (FSPGX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FBCKX	FSPGX	Difference
Sharpe ratio: Return per unit of total volatility	1.13	0.46	+0.67
Sortino ratio: Return per unit of downside risk	1.62	0.75	+0.87
Omega ratio: Gain probability vs. loss probability	1.20	1.09	+0.11
Calmar ratio: Return relative to maximum drawdown	1.79	0.50	+1.29
Martin ratio: Return relative to average drawdown	6.35	1.49	+4.87

FBCKX vs. FSPGX - Sharpe Ratio Comparison

The current FBCKX Sharpe Ratio is 1.13, which is higher than the FSPGX Sharpe Ratio of 0.46. The chart below compares the historical Sharpe Ratios of FBCKX and FSPGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FBCKX vs. FSPGX - Drawdown Comparison

The maximum FBCKX drawdown since its inception was -27.06%, smaller than the maximum FSPGX drawdown of -32.66%. Use the drawdown chart below to compare losses from any high point for FBCKX and FSPGX.

Drawdown Indicators

	FBCKX	FSPGX	Difference
Max Drawdown Largest peak-to-trough decline	-27.06%	-32.66%	+5.60%
Max Drawdown (1Y) Largest decline over 1 year	-12.63%	-16.17%	+3.54%
Max Drawdown (3Y) Largest decline over 3 years	—	-23.32%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.66%	—
Current Drawdown Current decline from peak	-6.86%	-7.99%	+1.13%
Average Drawdown Average peak-to-trough decline	-4.05%	-6.36%	+2.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.56%	5.40%	-1.84%

Volatility

FBCKX vs. FSPGX - Volatility Comparison

Fidelity Advisor Blue Chip Growth Fund Class Z (FBCKX) and Fidelity Large Cap Growth Index Fund (FSPGX) have volatilities of 6.63% and 6.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FBCKX	FSPGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.63%	6.43%	+0.20%
Volatility (6M) Calculated over the trailing 6-month period	16.11%	14.04%	+2.07%
Volatility (1Y) Calculated over the trailing 1-year period	20.07%	17.51%	+2.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.20%	21.80%	+2.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.20%	21.58%	+2.62%

FBCKX vs. FSPGX - Expense Ratio Comparison

FBCKX has a 0.61% expense ratio, which is higher than FSPGX's 0.04% expense ratio.

Dividends

FBCKX vs. FSPGX - Dividend Comparison

FBCKX's dividend yield for the trailing twelve months is around 1.71%, more than FSPGX's 0.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FBCKX Fidelity Advisor Blue Chip Growth Fund Class Z	1.71%	1.90%	2.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FSPGX Fidelity Large Cap Growth Index Fund	0.39%	0.34%	0.37%	0.73%	0.86%	2.22%	1.76%	1.04%	1.32%	0.22%

Frequently Asked Questions

Can I hold both FBCKX and FSPGX in my portfolio?

With a correlation of 0.95, FBCKX and FSPGX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FBCKX or FSPGX?

FBCKX has higher volatility (6.63%) compared to FSPGX (6.43%). In terms of maximum drawdown, FBCKX dropped -27.06% vs FSPGX's -32.66%.

Which has better risk-adjusted returns?

FBCKX currently has the higher Sharpe Ratio (1.13 vs 0.46), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.