FDTCX vs. FTQGX

Last updated Jun 6, 2026

FDTCX (Fidelity Advisor Diversified Stock Fund Class C) and FTQGX (Fidelity Focused Stock Fund) are both Large Cap Growth Equities funds from Fidelity. Over the past 10 years, FDTCX returned 16.82%/yr vs 19.15%/yr for FTQGX. Their correlation of 0.93 suggests significant overlap in exposure. FDTCX charges 1.70%/yr vs 0.86%/yr for FTQGX.

Performance

FDTCX vs. FTQGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Diversified Stock Fund Class C (FDTCX) and Fidelity Focused Stock Fund (FTQGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDTCX achieves a 14.36% return, which is significantly lower than FTQGX's 27.67% return. Over the past 10 years, FDTCX has underperformed FTQGX with an annualized return of 16.82%, while FTQGX has yielded a comparatively higher 19.15% annualized return.

FDTCX

• 1D: 0.65%
• 1M: 4.38%
• YTD: 14.36%
• 6M: 13.78%
• 1Y: 29.37%
• 3Y*: 29.48%
• 5Y*: 16.35%
• 10Y*: 16.82%

FTQGX

• 1D: 0.74%
• 1M: 7.27%
• YTD: 27.67%
• 6M: 25.94%
• 1Y: 51.59%
• 3Y*: 31.01%
• 5Y*: 16.69%
• 10Y*: 19.15%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FDTCX vs. FTQGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FDTCX Fidelity Advisor Diversified Stock Fund Class C	14.36%	12.73%	49.84%	26.75%	-20.84%	26.66%	25.83%	26.59%	-6.74%	17.64%
FTQGX Fidelity Focused Stock Fund	27.67%	13.65%	36.95%	28.94%	-26.68%	26.91%	33.41%	31.44%	4.90%	30.66%

Correlation

The correlation between FDTCX and FTQGX is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since Jun 2, 2004	0.93

The correlation between FDTCX and FTQGX has been stable across timeframes, ranging from 0.93 to 0.95 - a consistent structural relationship.

Return for Risk

FDTCX vs. FTQGX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FDTCX

FDTCX Risk / Return Rank: 58
FDTCX Sharpe Ratio Rank: 55
FDTCX Sortino Ratio Rank: 49
FDTCX Omega Ratio Rank: 51
FDTCX Calmar Ratio Rank: 65
FDTCX Martin Ratio Rank: 71

FTQGX

FTQGX Risk / Return Rank: 81
FTQGX Sharpe Ratio Rank: 84
FTQGX Sortino Ratio Rank: 72
FTQGX Omega Ratio Rank: 71
FTQGX Calmar Ratio Rank: 88
FTQGX Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FDTCX vs. FTQGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Diversified Stock Fund Class C (FDTCX) and Fidelity Focused Stock Fund (FTQGX). 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.

	FDTCX	FTQGX	Difference
Sharpe ratio: Return per unit of total volatility	2.12	2.70	-0.58
Sortino ratio: Return per unit of downside risk	2.86	3.45	-0.59
Omega ratio: Gain probability vs. loss probability	1.38	1.46	-0.08
Calmar ratio: Return relative to maximum drawdown	2.99	4.22	-1.22
Martin ratio: Return relative to average drawdown	13.10	18.14	-5.04
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FDTCX vs. FTQGX - Sharpe Ratio Comparison

The current FDTCX Sharpe Ratio is 2.12, which is comparable to the FTQGX Sharpe Ratio of 2.70. The chart below compares the historical Sharpe Ratios of FDTCX and FTQGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FDTCX	FTQGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.12	2.70	-0.58
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	0.77	-0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.76	0.89	-0.13
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.51	-0.02

Drawdowns

FDTCX vs. FTQGX - Drawdown Comparison

The maximum FDTCX drawdown since its inception was -63.44%, roughly equal to the maximum FTQGX drawdown of -61.29%. Use the drawdown chart below to compare losses from any high point for FDTCX and FTQGX.

Drawdown Indicators

	FDTCX	FTQGX	Difference
Max Drawdown Largest peak-to-trough decline	-63.44%	-61.29%	-2.15%
Max Drawdown (1Y) Largest decline over 1 year	-10.10%	-12.76%	+2.66%
Max Drawdown (3Y) Largest decline over 3 years	-28.24%	-26.84%	-1.40%
Max Drawdown (5Y) Largest decline over 5 years	-28.24%	-32.31%	+4.07%
Max Drawdown (10Y) Largest decline over 10 years	-30.45%	-32.31%	+1.86%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-9.08%	-14.19%	+5.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.30%	2.96%	-0.66%

Volatility

FDTCX vs. FTQGX - Volatility Comparison

The current volatility for Fidelity Advisor Diversified Stock Fund Class C (FDTCX) is 4.19%, while Fidelity Focused Stock Fund (FTQGX) has a volatility of 6.94%. This indicates that FDTCX experiences smaller price fluctuations and is considered to be less risky than FTQGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDTCX	FTQGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.19%	6.94%	-2.75%
Volatility (6M) Calculated over the trailing 6-month period	11.18%	15.40%	-4.22%
Volatility (1Y) Calculated over the trailing 1-year period	14.26%	19.91%	-5.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.82%	21.66%	+3.16%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.28%	21.56%	+0.72%

FDTCX vs. FTQGX - Expense Ratio Comparison

FDTCX has a 1.70% expense ratio, which is higher than FTQGX's 0.86% expense ratio.

Dividends

FDTCX vs. FTQGX - Dividend Comparison

FDTCX's dividend yield for the trailing twelve months is around 6.16%, less than FTQGX's 9.75% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDTCX Fidelity Advisor Diversified Stock Fund Class C	6.16%	7.04%	30.85%	3.35%	9.12%	17.12%	5.16%	2.41%	12.90%	8.05%	0.59%	7.48%
FTQGX Fidelity Focused Stock Fund	9.75%	12.44%	9.94%	0.61%	7.96%	13.53%	11.41%	5.07%	14.71%	5.89%	1.08%	5.91%

Frequently Asked Questions

Can I hold both FDTCX and FTQGX in my portfolio?

With a correlation of 0.95, FDTCX and FTQGX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FDTCX or FTQGX?

FTQGX has higher volatility (6.94%) compared to FDTCX (4.19%). In terms of maximum drawdown, FDTCX dropped -63.44% vs FTQGX's -61.29%.

Which has better risk-adjusted returns?

FTQGX currently has the higher Sharpe Ratio (2.70 vs 2.12), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.