Correlation
The correlation between FDESX and FDFIX is 0.96, 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.
FDESX vs. FDFIX
Compare and contrast key facts about Fidelity Advisor Diversified Stock Fund Class O (FDESX) and Fidelity Flex 500 Index Fund (FDFIX).
FDESX is managed by Fidelity. It was launched on Jul 10, 1970. FDFIX is managed by Fidelity. It was launched on Mar 9, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDESX or FDFIX.
Performance
FDESX vs. FDFIX - Performance Comparison
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Key characteristics
FDESX:
0.43
FDFIX:
0.71
FDESX:
0.69
FDFIX:
1.13
FDESX:
1.10
FDFIX:
1.17
FDESX:
0.38
FDFIX:
0.76
FDESX:
1.25
FDFIX:
2.89
FDESX:
6.86%
FDFIX:
4.93%
FDESX:
21.60%
FDFIX:
19.80%
FDESX:
-62.74%
FDFIX:
-33.77%
FDESX:
-6.71%
FDFIX:
-3.01%
Returns By Period
In the year-to-date period, FDESX achieves a -1.12% return, which is significantly lower than FDFIX's 1.47% return.
FDESX
-1.12%
5.10%
-3.52%
9.23%
14.40%
15.66%
12.75%
FDFIX
1.47%
4.53%
-1.19%
14.00%
14.77%
15.45%
N/A
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FDESX vs. FDFIX - Expense Ratio Comparison
FDESX has a 0.45% expense ratio, which is higher than FDFIX's 0.00% expense ratio.
Risk-Adjusted Performance
FDESX vs. FDFIX — Risk-Adjusted Performance Rank
FDESX
FDFIX
FDESX vs. FDFIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Diversified Stock Fund Class O (FDESX) and Fidelity Flex 500 Index Fund (FDFIX). 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
FDESX vs. FDFIX - Dividend Comparison
FDESX's dividend yield for the trailing twelve months is around 14.13%, more than FDFIX's 1.26% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDESX Fidelity Advisor Diversified Stock Fund Class O | 14.13% | 13.97% | 3.55% | 9.06% | 16.87% | 5.28% | 3.23% | 13.54% | 8.97% | 1.67% | 8.53% | 10.00% |
FDFIX Fidelity Flex 500 Index Fund | 1.26% | 1.26% | 1.48% | 1.70% | 1.27% | 1.52% | 1.78% | 2.16% | 0.92% | 0.00% | 0.00% | 0.00% |
Drawdowns
FDESX vs. FDFIX - Drawdown Comparison
The maximum FDESX drawdown since its inception was -62.74%, which is greater than FDFIX's maximum drawdown of -33.77%. Use the drawdown chart below to compare losses from any high point for FDESX and FDFIX.
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Volatility
FDESX vs. FDFIX - Volatility Comparison
The current volatility for Fidelity Advisor Diversified Stock Fund Class O (FDESX) is 4.24%, while Fidelity Flex 500 Index Fund (FDFIX) has a volatility of 4.77%. This indicates that FDESX experiences smaller price fluctuations and is considered to be less risky than FDFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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