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FDETX vs. FSPGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FDETXFSPGX
YTD Return29.55%26.31%
1Y Return42.50%38.11%
3Y Return (Ann)13.46%8.63%
5Y Return (Ann)15.95%19.12%
Sharpe Ratio3.482.42
Sortino Ratio4.663.11
Omega Ratio1.661.44
Calmar Ratio5.173.06
Martin Ratio26.1812.04
Ulcer Index1.62%3.34%
Daily Std Dev12.17%16.66%
Max Drawdown-78.92%-32.66%
Current Drawdown0.00%-1.45%

Correlation

-0.50.00.51.00.8

The correlation between FDETX and FSPGX is 0.78, 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

FDETX vs. FSPGX - Performance Comparison

In the year-to-date period, FDETX achieves a 29.55% return, which is significantly higher than FSPGX's 26.31% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
14.55%
14.01%
FDETX
FSPGX

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FDETX vs. FSPGX - Expense Ratio Comparison

FDETX has a 0.56% expense ratio, which is higher than FSPGX's 0.04% expense ratio.


FDETX
Fidelity Advisor Capital Development Fund Class O
Expense ratio chart for FDETX: current value at 0.56% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.56%
Expense ratio chart for FSPGX: current value at 0.04% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.04%

Risk-Adjusted Performance

FDETX vs. FSPGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Capital Development Fund Class O (FDETX) and Fidelity Large Cap Growth Index Fund (FSPGX). 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.


FDETX
Sharpe ratio
The chart of Sharpe ratio for FDETX, currently valued at 3.48, compared to the broader market0.002.004.003.48
Sortino ratio
The chart of Sortino ratio for FDETX, currently valued at 4.66, compared to the broader market0.005.0010.004.66
Omega ratio
The chart of Omega ratio for FDETX, currently valued at 1.66, compared to the broader market1.002.003.004.001.66
Calmar ratio
The chart of Calmar ratio for FDETX, currently valued at 5.17, compared to the broader market0.005.0010.0015.0020.005.17
Martin ratio
The chart of Martin ratio for FDETX, currently valued at 26.18, compared to the broader market0.0020.0040.0060.0080.00100.0026.18
FSPGX
Sharpe ratio
The chart of Sharpe ratio for FSPGX, currently valued at 2.37, compared to the broader market0.002.004.002.37
Sortino ratio
The chart of Sortino ratio for FSPGX, currently valued at 3.06, compared to the broader market0.005.0010.003.06
Omega ratio
The chart of Omega ratio for FSPGX, currently valued at 1.43, compared to the broader market1.002.003.004.001.43
Calmar ratio
The chart of Calmar ratio for FSPGX, currently valued at 3.00, compared to the broader market0.005.0010.0015.0020.003.00
Martin ratio
The chart of Martin ratio for FSPGX, currently valued at 11.80, compared to the broader market0.0020.0040.0060.0080.00100.0011.80

FDETX vs. FSPGX - Sharpe Ratio Comparison

The current FDETX Sharpe Ratio is 3.48, which is higher than the FSPGX Sharpe Ratio of 2.42. The chart below compares the historical Sharpe Ratios of FDETX and FSPGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.502.002.503.003.504.00JuneJulyAugustSeptemberOctoberNovember
3.48
2.37
FDETX
FSPGX

Dividends

FDETX vs. FSPGX - Dividend Comparison

FDETX's dividend yield for the trailing twelve months is around 0.98%, more than FSPGX's 0.44% yield.


TTM20232022202120202019201820172016201520142013
FDETX
Fidelity Advisor Capital Development Fund Class O
0.98%1.27%1.53%1.93%1.69%1.96%2.12%1.45%1.42%1.62%18.79%0.62%
FSPGX
Fidelity Large Cap Growth Index Fund
0.44%0.73%0.86%0.54%0.74%0.99%1.14%0.99%0.30%0.00%0.00%0.00%

Drawdowns

FDETX vs. FSPGX - Drawdown Comparison

The maximum FDETX drawdown since its inception was -78.92%, which is greater than FSPGX's maximum drawdown of -32.66%. Use the drawdown chart below to compare losses from any high point for FDETX and FSPGX. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember0
-1.45%
FDETX
FSPGX

Volatility

FDETX vs. FSPGX - Volatility Comparison

The current volatility for Fidelity Advisor Capital Development Fund Class O (FDETX) is 4.02%, while Fidelity Large Cap Growth Index Fund (FSPGX) has a volatility of 4.25%. This indicates that FDETX experiences smaller price fluctuations and is considered to be less risky than FSPGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
4.02%
4.25%
FDETX
FSPGX