FDESX vs. FSKAX
Compare and contrast key facts about Fidelity Advisor Diversified Stock Fund Class O (FDESX) and Fidelity Total Market Index Fund (FSKAX).
FDESX is managed by Fidelity. It was launched on Jul 10, 1970. FSKAX is managed by Fidelity.
Performance
FDESX vs. FSKAX - Performance Comparison
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FDESX vs. FSKAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FDESX Fidelity Advisor Diversified Stock Fund Class O | -2.35% | 14.07% | 28.08% | 28.34% | -19.86% | 28.26% | 27.46% | 28.23% | -5.62% | 17.76% |
FSKAX Fidelity Total Market Index Fund | -3.98% | 17.06% | 23.89% | 26.12% | -19.53% | 25.66% | 20.79% | 30.92% | -5.32% | 20.85% |
Returns By Period
In the year-to-date period, FDESX achieves a -2.35% return, which is significantly higher than FSKAX's -3.98% return. Over the past 10 years, FDESX has outperformed FSKAX with an annualized return of 14.83%, while FSKAX has yielded a comparatively lower 13.56% annualized return.
FDESX
- 1D
- 3.51%
- 1M
- -5.39%
- YTD
- -2.35%
- 6M
- 0.11%
- 1Y
- 19.24%
- 3Y*
- 19.69%
- 5Y*
- 11.52%
- 10Y*
- 14.83%
FSKAX
- 1D
- 2.99%
- 1M
- -5.06%
- YTD
- -3.98%
- 6M
- -2.04%
- 1Y
- 17.68%
- 3Y*
- 17.87%
- 5Y*
- 10.50%
- 10Y*
- 13.56%
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FDESX vs. FSKAX - Expense Ratio Comparison
FDESX has a 0.45% expense ratio, which is higher than FSKAX's 0.02% expense ratio.
Return for Risk
FDESX vs. FSKAX — Risk / Return Rank
FDESX
FSKAX
FDESX vs. FSKAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Diversified Stock Fund Class O (FDESX) and Fidelity Total Market Index Fund (FSKAX). 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.
| FDESX | FSKAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.03 | 0.98 | +0.05 |
Sortino ratioReturn per unit of downside risk | 1.53 | 1.49 | +0.03 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.23 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.62 | 1.50 | +0.11 |
Martin ratioReturn relative to average drawdown | 7.12 | 7.20 | -0.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FDESX | FSKAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.03 | 0.98 | +0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.61 | -0.02 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | 0.74 | +0.02 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.79 | -0.32 |
Correlation
The correlation between FDESX and FSKAX 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.
Dividends
FDESX vs. FSKAX - Dividend Comparison
FDESX's dividend yield for the trailing twelve months is around 6.74%, more than FSKAX's 1.06% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDESX Fidelity Advisor Diversified Stock Fund Class O | 6.74% | 6.58% | 13.97% | 3.55% | 9.06% | 16.87% | 5.28% | 3.23% | 13.54% | 7.61% | 1.67% | 8.53% |
FSKAX Fidelity Total Market Index Fund | 1.06% | 1.01% | 1.19% | 1.41% | 1.62% | 1.15% | 1.45% | 1.94% | 2.54% | 2.07% | 2.43% | 0.82% |
Drawdowns
FDESX vs. FSKAX - Drawdown Comparison
The maximum FDESX drawdown since its inception was -65.36%, which is greater than FSKAX's maximum drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for FDESX and FSKAX.
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Drawdown Indicators
| FDESX | FSKAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.36% | -35.01% | -30.35% |
Max Drawdown (1Y)Largest decline over 1 year | -12.56% | -12.42% | -0.14% |
Max Drawdown (5Y)Largest decline over 5 years | -27.06% | -25.39% | -1.67% |
Max Drawdown (10Y)Largest decline over 10 years | -30.39% | -35.01% | +4.62% |
Current DrawdownCurrent decline from peak | -6.82% | -6.20% | -0.62% |
Average DrawdownAverage peak-to-trough decline | -14.09% | -4.05% | -10.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.86% | 2.60% | +0.26% |
Volatility
FDESX vs. FSKAX - Volatility Comparison
Fidelity Advisor Diversified Stock Fund Class O (FDESX) has a higher volatility of 6.65% compared to Fidelity Total Market Index Fund (FSKAX) at 5.52%. This indicates that FDESX's price experiences larger fluctuations and is considered to be riskier than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FDESX | FSKAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.65% | 5.52% | +1.13% |
Volatility (6M)Calculated over the trailing 6-month period | 11.65% | 9.85% | +1.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.43% | 18.69% | +0.74% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.69% | 17.42% | +2.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.53% | 18.44% | +1.09% |