FDESX vs. IWV
Compare and contrast key facts about Fidelity Advisor Diversified Stock Fund Class O (FDESX) and iShares Russell 3000 ETF (IWV).
FDESX is managed by Fidelity. It was launched on Jul 10, 1970. IWV is a passively managed fund by iShares that tracks the performance of the Russell 3000 Index. It was launched on May 22, 2000.
Performance
FDESX vs. IWV - Performance Comparison
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FDESX vs. IWV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FDESX Fidelity Advisor Diversified Stock Fund Class O | -5.66% | 14.07% | 28.08% | 28.34% | -19.86% | 28.26% | 27.46% | 28.23% | -5.62% | 17.76% |
IWV iShares Russell 3000 ETF | -3.99% | 16.96% | 23.49% | 25.82% | -19.28% | 25.54% | 20.55% | 30.66% | -5.43% | 20.97% |
Returns By Period
In the year-to-date period, FDESX achieves a -5.66% return, which is significantly lower than IWV's -3.99% return. Over the past 10 years, FDESX has outperformed IWV with an annualized return of 14.44%, while IWV has yielded a comparatively lower 13.46% annualized return.
FDESX
- 1D
- -0.71%
- 1M
- -8.67%
- YTD
- -5.66%
- 6M
- -3.22%
- 1Y
- 15.78%
- 3Y*
- 18.32%
- 5Y*
- 11.12%
- 10Y*
- 14.44%
IWV
- 1D
- 2.99%
- 1M
- -4.93%
- YTD
- -3.99%
- 6M
- -1.71%
- 1Y
- 17.86%
- 3Y*
- 17.68%
- 5Y*
- 10.40%
- 10Y*
- 13.46%
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FDESX vs. IWV - Expense Ratio Comparison
FDESX has a 0.45% expense ratio, which is higher than IWV's 0.20% expense ratio.
Return for Risk
FDESX vs. IWV — Risk / Return Rank
FDESX
IWV
FDESX vs. IWV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Diversified Stock Fund Class O (FDESX) and iShares Russell 3000 ETF (IWV). 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 | IWV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.85 | 0.97 | -0.12 |
Sortino ratioReturn per unit of downside risk | 1.29 | 1.49 | -0.20 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.22 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.09 | 1.50 | -0.41 |
Martin ratioReturn relative to average drawdown | 4.87 | 7.18 | -2.31 |
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 | IWV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.85 | 0.97 | -0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 0.61 | -0.04 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.74 | 0.73 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.42 | +0.05 |
Correlation
The correlation between FDESX and IWV 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. IWV - Dividend Comparison
FDESX's dividend yield for the trailing twelve months is around 6.98%, more than IWV's 0.99% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDESX Fidelity Advisor Diversified Stock Fund Class O | 6.98% | 6.58% | 13.97% | 3.55% | 9.06% | 16.87% | 5.28% | 3.23% | 13.54% | 7.61% | 1.67% | 8.53% |
IWV iShares Russell 3000 ETF | 0.99% | 0.96% | 1.08% | 1.30% | 1.56% | 1.04% | 1.30% | 1.69% | 1.97% | 1.58% | 1.79% | 1.99% |
Drawdowns
FDESX vs. IWV - Drawdown Comparison
The maximum FDESX drawdown since its inception was -65.36%, which is greater than IWV's maximum drawdown of -55.61%. Use the drawdown chart below to compare losses from any high point for FDESX and IWV.
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Drawdown Indicators
| FDESX | IWV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.36% | -55.61% | -9.75% |
Max Drawdown (1Y)Largest decline over 1 year | -12.56% | -12.31% | -0.25% |
Max Drawdown (5Y)Largest decline over 5 years | -27.06% | -25.11% | -1.95% |
Max Drawdown (10Y)Largest decline over 10 years | -30.39% | -35.22% | +4.83% |
Current DrawdownCurrent decline from peak | -9.99% | -6.17% | -3.82% |
Average DrawdownAverage peak-to-trough decline | -14.09% | -10.65% | -3.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.82% | 2.57% | +0.25% |
Volatility
FDESX vs. IWV - Volatility Comparison
Fidelity Advisor Diversified Stock Fund Class O (FDESX) and iShares Russell 3000 ETF (IWV) have volatilities of 5.40% and 5.43%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FDESX | IWV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.40% | 5.43% | -0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 11.12% | 9.68% | +1.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.16% | 18.45% | +0.71% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.63% | 17.25% | +2.38% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.50% | 18.39% | +1.11% |