FCLCX vs. VINAX

Last updated Jun 23, 2026

FCLCX (Fidelity Advisor Industrials Fund Class C) and VINAX (Vanguard Industrials Index Fund Admiral Shares) are both Industrials Equities funds. Over the past 10 years, FCLCX returned 13.58%/yr vs 14.36%/yr for VINAX. With a 0.97 correlation, they move nearly in lockstep. FCLCX charges 1.77%/yr vs 0.10%/yr for VINAX.

Performance

FCLCX vs. VINAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Industrials Fund Class C (FCLCX) and Vanguard Industrials Index Fund Admiral Shares (VINAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with FCLCX having a 19.18% return and VINAX slightly lower at 18.74%. Over the past 10 years, FCLCX has underperformed VINAX with an annualized return of 13.58%, while VINAX has yielded a comparatively higher 14.36% annualized return.

FCLCX

• 1D: 1.02%
• 1M: 7.13%
• YTD: 19.18%
• 6M: 17.36%
• 1Y: 33.47%
• 3Y*: 29.57%
• 5Y*: 17.98%
• 10Y*: 13.58%

VINAX

• 1D: 1.05%
• 1M: 5.13%
• YTD: 18.74%
• 6M: 16.69%
• 1Y: 32.25%
• 3Y*: 22.18%
• 5Y*: 14.60%
• 10Y*: 14.36%

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

FCLCX vs. VINAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FCLCX Fidelity Advisor Industrials Fund Class C	19.18%	23.55%	28.16%	21.74%	-11.33%	15.36%	10.36%	26.81%	-16.46%	18.67%
VINAX Vanguard Industrials Index Fund Admiral Shares	18.74%	18.53%	16.95%	22.38%	-8.51%	20.66%	12.25%	30.16%	-13.93%	21.50%

Correlation

The correlation between FCLCX and VINAX is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.97
Correlation (All Time) Calculated using the full available price history since Sep 29, 2004	0.97

The correlation between FCLCX and VINAX has been stable across timeframes, ranging from 0.96 to 0.97 - a consistent structural relationship.

Return for Risk

FCLCX vs. VINAX — Risk / Return Rank

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

FCLCX

FCLCX Risk / Return Rank: 45
FCLCX Sharpe Ratio Rank: 43
FCLCX Sortino Ratio Rank: 42
FCLCX Omega Ratio Rank: 37
FCLCX Calmar Ratio Rank: 49
FCLCX Martin Ratio Rank: 53

VINAX

VINAX Risk / Return Rank: 49
VINAX Sharpe Ratio Rank: 48
VINAX Sortino Ratio Rank: 46
VINAX Omega Ratio Rank: 41
VINAX Calmar Ratio Rank: 53
VINAX Martin Ratio Rank: 58

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.

FCLCX vs. VINAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Industrials Fund Class C (FCLCX) and Vanguard Industrials Index Fund Admiral Shares (VINAX). 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.

	FCLCX	VINAX	Difference
Sharpe ratio: Return per unit of total volatility	1.77	1.88	-0.11
Sortino ratio: Return per unit of downside risk	2.52	2.64	-0.12
Omega ratio: Gain probability vs. loss probability	1.30	1.32	-0.02
Calmar ratio: Return relative to maximum drawdown	2.57	2.65	-0.08
Martin ratio: Return relative to average drawdown	10.28	10.98	-0.69

FCLCX vs. VINAX - Sharpe Ratio Comparison

The current FCLCX Sharpe Ratio is 1.77, which is comparable to the VINAX Sharpe Ratio of 1.88. The chart below compares the historical Sharpe Ratios of FCLCX and VINAX, 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

FCLCX vs. VINAX - Drawdown Comparison

The maximum FCLCX drawdown since its inception was -61.33%, roughly equal to the maximum VINAX drawdown of -63.43%. Use the drawdown chart below to compare losses from any high point for FCLCX and VINAX.

Drawdown Indicators

	FCLCX	VINAX	Difference
Max Drawdown Largest peak-to-trough decline	-61.33%	-63.43%	+2.10%
Max Drawdown (1Y) Largest decline over 1 year	-13.16%	-12.25%	-0.91%
Max Drawdown (3Y) Largest decline over 3 years	-21.44%	-20.59%	-0.85%
Max Drawdown (5Y) Largest decline over 5 years	-26.82%	-23.07%	-3.75%
Max Drawdown (10Y) Largest decline over 10 years	-42.77%	-42.45%	-0.32%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-8.16%	-8.34%	+0.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.28%	2.95%	+0.33%

Volatility

FCLCX vs. VINAX - Volatility Comparison

Fidelity Advisor Industrials Fund Class C (FCLCX) has a higher volatility of 6.79% compared to Vanguard Industrials Index Fund Admiral Shares (VINAX) at 6.26%. This indicates that FCLCX's price experiences larger fluctuations and is considered to be riskier than VINAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FCLCX	VINAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.79%	6.26%	+0.53%
Volatility (6M) Calculated over the trailing 6-month period	15.85%	14.34%	+1.51%
Volatility (1Y) Calculated over the trailing 1-year period	19.08%	17.27%	+1.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.15%	18.51%	+2.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.65%	20.53%	+1.12%

FCLCX vs. VINAX - Expense Ratio Comparison

FCLCX has a 1.77% expense ratio, which is higher than VINAX's 0.10% expense ratio.

Dividends

FCLCX vs. VINAX - Dividend Comparison

FCLCX's dividend yield for the trailing twelve months is around 1.84%, more than VINAX's 0.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FCLCX Fidelity Advisor Industrials Fund Class C	1.84%	2.19%	9.45%	10.59%	4.10%	24.59%	0.68%	7.65%	13.22%	2.98%	5.82%	9.58%
VINAX Vanguard Industrials Index Fund Admiral Shares	0.86%	1.01%	1.23%	1.36%	1.51%	1.06%	1.39%	1.68%	1.90%	1.60%	1.82%	1.94%

Frequently Asked Questions

Can I hold both FCLCX and VINAX in my portfolio?

With a correlation of 0.97, FCLCX and VINAX 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, FCLCX or VINAX?

FCLCX has higher volatility (6.79%) compared to VINAX (6.26%). In terms of maximum drawdown, FCLCX dropped -61.33% vs VINAX's -63.43%.

Which has better risk-adjusted returns?

VINAX currently has the higher Sharpe Ratio (1.88 vs 1.77), 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.