FDESX vs. FZACX
Compare and contrast key facts about Fidelity Advisor Diversified Stock Fund Class O (FDESX) and Fidelity Advisor Diversified Stock Fund Class Z (FZACX).
FDESX is managed by Fidelity. It was launched on Jul 10, 1970. FZACX is managed by Fidelity. It was launched on Aug 13, 2013.
Performance
FDESX vs. FZACX - Performance Comparison
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FDESX vs. FZACX - 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% |
FZACX Fidelity Advisor Diversified Stock Fund Class Z | -5.68% | 14.06% | 28.02% | 28.33% | -19.88% | 28.19% | 27.41% | 28.17% | -5.57% | 17.70% |
Returns By Period
In the year-to-date period, FDESX achieves a -2.35% return, which is significantly higher than FZACX's -5.68% return. Both investments have delivered pretty close results over the past 10 years, with FDESX having a 14.83% annualized return and FZACX not far behind at 14.41%.
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%
FZACX
- 1D
- -0.71%
- 1M
- -8.60%
- YTD
- -5.68%
- 6M
- -3.31%
- 1Y
- 15.18%
- 3Y*
- 18.29%
- 5Y*
- 11.08%
- 10Y*
- 14.41%
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FDESX vs. FZACX - Expense Ratio Comparison
FDESX has a 0.45% expense ratio, which is lower than FZACX's 0.48% expense ratio.
Return for Risk
FDESX vs. FZACX — Risk / Return Rank
FDESX
FZACX
FDESX vs. FZACX - 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 Advisor Diversified Stock Fund Class Z (FZACX). 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 | FZACX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.03 | 0.85 | +0.18 |
Sortino ratioReturn per unit of downside risk | 1.53 | 1.29 | +0.24 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.19 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.62 | 1.09 | +0.53 |
Martin ratioReturn relative to average drawdown | 7.12 | 4.85 | +2.27 |
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 | FZACX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.03 | 0.85 | +0.18 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.59 | 0.57 | +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 | 0.69 | -0.22 |
Correlation
The correlation between FDESX and FZACX is 1.00, 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. FZACX - Dividend Comparison
FDESX's dividend yield for the trailing twelve months is around 6.74%, more than FZACX's 6.66% 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% |
FZACX Fidelity Advisor Diversified Stock Fund Class Z | 6.66% | 6.28% | 13.41% | 3.39% | 8.71% | 16.27% | 5.10% | 3.12% | 13.16% | 7.44% | 1.60% | 8.32% |
Drawdowns
FDESX vs. FZACX - Drawdown Comparison
The maximum FDESX drawdown since its inception was -65.36%, which is greater than FZACX's maximum drawdown of -30.35%. Use the drawdown chart below to compare losses from any high point for FDESX and FZACX.
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Drawdown Indicators
| FDESX | FZACX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.36% | -30.35% | -35.01% |
Max Drawdown (1Y)Largest decline over 1 year | -12.56% | -12.57% | +0.01% |
Max Drawdown (5Y)Largest decline over 5 years | -27.06% | -26.71% | -0.35% |
Max Drawdown (10Y)Largest decline over 10 years | -30.39% | -30.35% | -0.04% |
Current DrawdownCurrent decline from peak | -6.82% | -9.99% | +3.17% |
Average DrawdownAverage peak-to-trough decline | -14.09% | -5.13% | -8.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.86% | 2.83% | +0.03% |
Volatility
FDESX vs. FZACX - Volatility Comparison
Fidelity Advisor Diversified Stock Fund Class O (FDESX) has a higher volatility of 6.65% compared to Fidelity Advisor Diversified Stock Fund Class Z (FZACX) at 5.39%. This indicates that FDESX's price experiences larger fluctuations and is considered to be riskier than FZACX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FDESX | FZACX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.65% | 5.39% | +1.26% |
Volatility (6M)Calculated over the trailing 6-month period | 11.65% | 11.13% | +0.52% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.43% | 19.17% | +0.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.69% | 19.51% | +0.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.53% | 19.44% | +0.09% |