FDTCX vs. VHCAX

Last updated Jun 6, 2026

FDTCX (Fidelity Advisor Diversified Stock Fund Class C) and VHCAX (Vanguard Capital Opportunity Fund Admiral Shares) are both Large Cap Growth Equities funds. Over the past 10 years, FDTCX returned 16.82%/yr vs 17.09%/yr for VHCAX. Their correlation of 0.90 suggests significant overlap in exposure. FDTCX charges 1.70%/yr vs 0.36%/yr for VHCAX.

Performance

FDTCX vs. VHCAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Diversified Stock Fund Class C (FDTCX) and Vanguard Capital Opportunity Fund Admiral Shares (VHCAX). 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 VHCAX's 25.40% return. Both investments have delivered pretty close results over the past 10 years, with FDTCX having a 16.82% annualized return and VHCAX not far ahead at 17.09%.

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%

VHCAX

• 1D: -0.20%
• 1M: 8.92%
• YTD: 25.40%
• 6M: 26.34%
• 1Y: 54.19%
• 3Y*: 26.98%
• 5Y*: 14.47%
• 10Y*: 17.09%

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

FDTCX vs. VHCAX - 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%
VHCAX Vanguard Capital Opportunity Fund Admiral Shares	25.40%	25.83%	14.07%	25.63%	-17.56%	20.92%	22.83%	27.30%	-3.71%	28.37%

Correlation

The correlation between FDTCX and VHCAX is 0.86, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.86
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (10Y) Calculated over the trailing 10-year period	0.90
Correlation (All Time) Calculated using the full available price history since Jun 2, 2004	0.90

The correlation between FDTCX and VHCAX has been stable across timeframes, ranging from 0.86 to 0.90 - a consistent structural relationship.

Return for Risk

FDTCX vs. VHCAX — 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

VHCAX

VHCAX Risk / Return Rank: 91
VHCAX Sharpe Ratio Rank: 95
VHCAX Sortino Ratio Rank: 90
VHCAX Omega Ratio Rank: 85
VHCAX Calmar Ratio Rank: 90
VHCAX Martin Ratio Rank: 94

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. VHCAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Diversified Stock Fund Class C (FDTCX) and Vanguard Capital Opportunity Fund Admiral Shares (VHCAX). 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	VHCAX	Difference
Sharpe ratio: Return per unit of total volatility	2.12	3.28	-1.16
Sortino ratio: Return per unit of downside risk	2.86	4.41	-1.55
Omega ratio: Gain probability vs. loss probability	1.38	1.58	-0.20
Calmar ratio: Return relative to maximum drawdown	2.99	4.49	-1.50
Martin ratio: Return relative to average drawdown	13.10	20.14	-7.04
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. VHCAX - Sharpe Ratio Comparison

The current FDTCX Sharpe Ratio is 2.12, which is lower than the VHCAX Sharpe Ratio of 3.28. The chart below compares the historical Sharpe Ratios of FDTCX and VHCAX, 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	VHCAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.12	3.28	-1.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	0.73	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.76	0.84	-0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.60	-0.11

Drawdowns

FDTCX vs. VHCAX - Drawdown Comparison

The maximum FDTCX drawdown since its inception was -63.44%, which is greater than VHCAX's maximum drawdown of -54.27%. Use the drawdown chart below to compare losses from any high point for FDTCX and VHCAX.

Drawdown Indicators

	FDTCX	VHCAX	Difference
Max Drawdown Largest peak-to-trough decline	-63.44%	-54.27%	-9.17%
Max Drawdown (1Y) Largest decline over 1 year	-10.10%	-12.42%	+2.32%
Max Drawdown (3Y) Largest decline over 3 years	-28.24%	-23.92%	-4.32%
Max Drawdown (5Y) Largest decline over 5 years	-28.24%	-27.55%	-0.69%
Max Drawdown (10Y) Largest decline over 10 years	-30.45%	-33.78%	+3.33%
Current Drawdown Current decline from peak	0.00%	-0.20%	+0.20%
Average Drawdown Average peak-to-trough decline	-9.08%	-8.40%	-0.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.30%	2.76%	-0.46%

Volatility

FDTCX vs. VHCAX - Volatility Comparison

The current volatility for Fidelity Advisor Diversified Stock Fund Class C (FDTCX) is 4.19%, while Vanguard Capital Opportunity Fund Admiral Shares (VHCAX) has a volatility of 6.50%. This indicates that FDTCX experiences smaller price fluctuations and is considered to be less risky than VHCAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDTCX	VHCAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.19%	6.50%	-2.31%
Volatility (6M) Calculated over the trailing 6-month period	11.18%	13.71%	-2.53%
Volatility (1Y) Calculated over the trailing 1-year period	14.26%	16.98%	-2.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.82%	19.82%	+5.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.28%	20.31%	+1.97%

FDTCX vs. VHCAX - Expense Ratio Comparison

FDTCX has a 1.70% expense ratio, which is higher than VHCAX's 0.36% expense ratio.

Dividends

FDTCX vs. VHCAX - Dividend Comparison

FDTCX's dividend yield for the trailing twelve months is around 6.16%, less than VHCAX's 7.75% 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%
VHCAX Vanguard Capital Opportunity Fund Admiral Shares	7.75%	9.71%	8.24%	2.40%	9.35%	10.55%	9.19%	6.48%	12.23%	3.87%	5.74%	5.39%

Frequently Asked Questions

Can I hold both FDTCX and VHCAX in my portfolio?

FDTCX and VHCAX have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDTCX or VHCAX?

VHCAX has higher volatility (6.50%) compared to FDTCX (4.19%). In terms of maximum drawdown, FDTCX dropped -63.44% vs VHCAX's -54.27%.

Which has better risk-adjusted returns?

VHCAX currently has the higher Sharpe Ratio (3.28 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.