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

Key characteristics


FDETXFXAIX
YTD Return30.43%27.16%
1Y Return44.42%39.89%
3Y Return (Ann)13.58%10.29%
5Y Return (Ann)16.08%16.01%
10Y Return (Ann)12.59%13.33%
Sharpe Ratio3.573.13
Sortino Ratio4.774.16
Omega Ratio1.681.59
Calmar Ratio5.304.59
Martin Ratio26.8820.80
Ulcer Index1.62%1.86%
Daily Std Dev12.18%12.39%
Max Drawdown-78.92%-33.79%
Current Drawdown0.00%0.00%

Correlation

-0.50.00.51.00.9

The correlation between FDETX and FXAIX is 0.93, 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. FXAIX - Performance Comparison

In the year-to-date period, FDETX achieves a 30.43% return, which is significantly higher than FXAIX's 27.16% return. Over the past 10 years, FDETX has underperformed FXAIX with an annualized return of 12.59%, while FXAIX has yielded a comparatively higher 13.33% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


300.00%350.00%400.00%450.00%JuneJulyAugustSeptemberOctoberNovember
383.69%
465.16%
FDETX
FXAIX

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FDETX vs. FXAIX - Expense Ratio Comparison

FDETX has a 0.56% expense ratio, which is higher than FXAIX's 0.02% 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 FXAIX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

Risk-Adjusted Performance

FDETX vs. FXAIX - 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 500 Index Fund (FXAIX). 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 3.57, compared to the broader market0.002.004.003.57
Sortino ratio
The chart of Sortino ratio for FDETX, currently valued at 4.77, compared to the broader market0.005.0010.004.77
Omega ratio
The chart of Omega ratio for FDETX, currently valued at 1.68, compared to the broader market1.002.003.004.001.68
Calmar ratio
The chart of Calmar ratio for FDETX, currently valued at 5.30, compared to the broader market0.005.0010.0015.0020.005.30
Martin ratio
The chart of Martin ratio for FDETX, currently valued at 26.88, compared to the broader market0.0020.0040.0060.0080.00100.0026.88
FXAIX
Sharpe ratio
The chart of Sharpe ratio for FXAIX, currently valued at 3.13, compared to the broader market0.002.004.003.13
Sortino ratio
The chart of Sortino ratio for FXAIX, currently valued at 4.16, compared to the broader market0.005.0010.004.16
Omega ratio
The chart of Omega ratio for FXAIX, currently valued at 1.59, compared to the broader market1.002.003.004.001.59
Calmar ratio
The chart of Calmar ratio for FXAIX, currently valued at 4.59, compared to the broader market0.005.0010.0015.0020.004.59
Martin ratio
The chart of Martin ratio for FXAIX, currently valued at 20.80, compared to the broader market0.0020.0040.0060.0080.00100.0020.80

FDETX vs. FXAIX - Sharpe Ratio Comparison

The current FDETX Sharpe Ratio is 3.57, which is comparable to the FXAIX Sharpe Ratio of 3.13. The chart below compares the historical Sharpe Ratios of FDETX and FXAIX, 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
3.57
3.13
FDETX
FXAIX

Dividends

FDETX vs. FXAIX - Dividend Comparison

FDETX's dividend yield for the trailing twelve months is around 0.97%, less than FXAIX's 1.21% yield.


TTM20232022202120202019201820172016201520142013
FDETX
Fidelity Advisor Capital Development Fund Class O
0.97%1.27%1.53%1.93%1.69%1.96%2.12%1.45%1.42%1.62%18.79%0.62%
FXAIX
Fidelity 500 Index Fund
1.21%1.45%1.69%1.22%1.60%1.95%2.07%1.81%2.01%2.56%2.63%1.84%

Drawdowns

FDETX vs. FXAIX - Drawdown Comparison

The maximum FDETX drawdown since its inception was -78.92%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FDETX and FXAIX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember00
FDETX
FXAIX

Volatility

FDETX vs. FXAIX - Volatility Comparison

Fidelity Advisor Capital Development Fund Class O (FDETX) and Fidelity 500 Index Fund (FXAIX) have volatilities of 4.00% and 3.91%, 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.


2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
4.00%
3.91%
FDETX
FXAIX