Correlation
The correlation between FCNAX and FNIAX is 0.86, 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.
FCNAX vs. FNIAX
Compare and contrast key facts about Fidelity Advisor Consumer Discretionary Fund Class A (FCNAX) and Fidelity Advisor New Insights Fund Class A (FNIAX).
FCNAX is managed by Fidelity. It was launched on Sep 3, 1996. FNIAX is managed by Fidelity. It was launched on Jul 31, 2003.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCNAX or FNIAX.
Performance
FCNAX vs. FNIAX - Performance Comparison
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Key characteristics
FCNAX:
0.52
FNIAX:
0.81
FCNAX:
0.94
FNIAX:
1.13
FCNAX:
1.12
FNIAX:
1.16
FCNAX:
0.51
FNIAX:
0.79
FCNAX:
1.44
FNIAX:
2.68
FCNAX:
9.79%
FNIAX:
5.93%
FCNAX:
26.58%
FNIAX:
22.08%
FCNAX:
-57.71%
FNIAX:
-49.35%
FCNAX:
-12.02%
FNIAX:
-3.06%
Returns By Period
In the year-to-date period, FCNAX achieves a -6.55% return, which is significantly lower than FNIAX's 3.68% return. Over the past 10 years, FCNAX has underperformed FNIAX with an annualized return of 10.58%, while FNIAX has yielded a comparatively higher 13.40% annualized return.
FCNAX
-6.55%
8.84%
-5.27%
13.79%
13.13%
11.20%
10.58%
FNIAX
3.68%
8.62%
3.45%
17.78%
20.27%
16.76%
13.40%
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FCNAX vs. FNIAX - Expense Ratio Comparison
FCNAX has a 1.01% expense ratio, which is higher than FNIAX's 0.93% expense ratio.
Risk-Adjusted Performance
FCNAX vs. FNIAX — Risk-Adjusted Performance Rank
FCNAX
FNIAX
FCNAX vs. FNIAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Consumer Discretionary Fund Class A (FCNAX) and Fidelity Advisor New Insights Fund Class A (FNIAX). 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.
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Dividends
FCNAX vs. FNIAX - Dividend Comparison
FCNAX's dividend yield for the trailing twelve months is around 6.27%, less than FNIAX's 6.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCNAX Fidelity Advisor Consumer Discretionary Fund Class A | 6.27% | 5.86% | 0.00% | 4.78% | 6.38% | 1.43% | 2.68% | 1.09% | 0.00% | 0.44% | 2.30% | 11.55% |
FNIAX Fidelity Advisor New Insights Fund Class A | 6.53% | 5.85% | 6.18% | 17.12% | 12.63% | 8.14% | 6.48% | 13.78% | 7.61% | 4.99% | 4.40% | 7.60% |
Drawdowns
FCNAX vs. FNIAX - Drawdown Comparison
The maximum FCNAX drawdown since its inception was -57.71%, which is greater than FNIAX's maximum drawdown of -49.35%. Use the drawdown chart below to compare losses from any high point for FCNAX and FNIAX.
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Volatility
FCNAX vs. FNIAX - Volatility Comparison
Fidelity Advisor Consumer Discretionary Fund Class A (FCNAX) has a higher volatility of 7.94% compared to Fidelity Advisor New Insights Fund Class A (FNIAX) at 4.83%. This indicates that FCNAX's price experiences larger fluctuations and is considered to be riskier than FNIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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