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.
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.
Performance
FDESX vs. FDFIX - Performance Comparison
Key characteristics
FDESX:
0.74
FDFIX:
1.98
FDESX:
0.98
FDFIX:
2.65
FDESX:
1.17
FDFIX:
1.36
FDESX:
0.89
FDFIX:
2.96
FDESX:
3.80
FDFIX:
12.79
FDESX:
3.63%
FDFIX:
1.95%
FDESX:
18.77%
FDFIX:
12.64%
FDESX:
-62.74%
FDFIX:
-33.77%
FDESX:
-15.36%
FDFIX:
-3.92%
Returns By Period
In the year-to-date period, FDESX achieves a 0.11% return, which is significantly higher than FDFIX's -0.24% return.
FDESX
0.11%
-14.53%
-7.21%
14.93%
13.51%
11.22%
FDFIX
-0.24%
-3.25%
6.30%
25.97%
14.39%
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 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.
Dividends
FDESX vs. FDFIX - Dividend Comparison
FDESX has not paid dividends to shareholders, while FDFIX's dividend yield for the trailing twelve months is around 0.89%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDESX Fidelity Advisor Diversified Stock Fund Class O | 0.00% | 0.00% | 0.57% | 0.87% | 0.59% | 0.52% | 0.82% | 0.82% | 1.36% | 1.63% | 1.78% | 11.34% |
FDFIX Fidelity Flex 500 Index Fund | 0.89% | 0.89% | 1.48% | 1.70% | 1.18% | 1.52% | 1.78% | 1.81% | 0.85% | 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. For additional features, visit the drawdowns tool.
Volatility
FDESX vs. FDFIX - Volatility Comparison
Fidelity Advisor Diversified Stock Fund Class O (FDESX) has a higher volatility of 12.36% compared to Fidelity Flex 500 Index Fund (FDFIX) at 4.03%. This indicates that FDESX's price experiences larger fluctuations and is considered to be riskier than FDFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.