FDTEX vs. FAGOX
FDTEX (Fidelity Advisor Diversified Stock Fund Class M) and FAGOX (Fidelity Advisor Growth Opportunities Fund Class M) are both Large Cap Growth Equities funds from Fidelity. Over the past 10 years, FDTEX returned 16.49%/yr vs 20.43%/yr for FAGOX. Their correlation of 0.89 means they have usually moved in the same direction. FDTEX charges 1.13%/yr vs 1.28%/yr for FAGOX.
Performance
FDTEX vs. FAGOX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FDTEX achieves a 10.02% return, which is significantly higher than FAGOX's 7.18% return. Over the past 10 years, FDTEX has underperformed FAGOX with an annualized return of 16.49%, while FAGOX has yielded a comparatively higher 20.43% annualized return.
FDTEX
- 1D
- 2.03%
- 1M
- -1.98%
- 6M
- 6.98%
- YTD
- 10.02%
- 1Y
- 19.53%
- 3Y*
- 24.74%
- 5Y*
- 15.29%
- 10Y*
- 16.49%
- ALL TIME*
- 10.99%
FAGOX
- 1D
- 3.39%
- 1M
- -5.34%
- 6M
- 8.26%
- YTD
- 7.18%
- 1Y
- 17.59%
- 3Y*
- 23.67%
- 5Y*
- 9.64%
- 10Y*
- 20.43%
- ALL TIME*
- 12.41%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FDTEX vs. FAGOX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FDTEX Fidelity Advisor Diversified Stock Fund Class M | 10.02% | 13.31% | 48.66% | 27.49% | -20.43% | 27.39% | 26.58% | 27.30% | -6.27% | 17.69% |
FAGOX Fidelity Advisor Growth Opportunities Fund Class M | 7.18% | 21.86% | 38.37% | 44.80% | -38.56% | 11.05% | 68.19% | 39.94% | 14.61% | 34.34% |
Correlation
The correlation between FDTEX and FAGOX is 0.91, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.91 |
Correlation (3Y) Balances recent behavior with more history. | 0.92 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.92 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.90 |
Correlation (All Time) Calculated using the full available price history since Jun 1, 2004 | 0.89 |
The correlation between FDTEX and FAGOX has been stable across timeframes, ranging from 0.89 to 0.92 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FDTEX vs. FAGOX — Risk / Return Rank
FDTEX
FAGOX
FDTEX vs. FAGOX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Diversified Stock Fund Class M (FDTEX) and Fidelity Advisor Growth Opportunities Fund Class M (FAGOX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FDTEX | FAGOX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.36 | ||
| Sortino ratioReturn per unit of downside risk | +0.43 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.14 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 1.77 | 0.99 | +0.78 |
| Martin ratioReturn relative to average drawdown | 7.09 | 3.39 | +3.69 |
Loading charts...
Drawdowns
FDTEX vs. FAGOX - Drawdown Comparison
The maximum FDTEX drawdown since its inception was -63.20%, roughly equal to the maximum FAGOX drawdown of -65.31%. Use the drawdown chart below to compare losses from any high point for FDTEX and FAGOX.
Loading charts...
Drawdown Indicators
| FDTEX | FAGOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.20% | -65.31% | +2.11% |
Max Drawdown (1Y)Largest decline over 1 year | -10.05% | -16.27% | +6.22% |
Max Drawdown (3Y)Largest decline over 3 years | -27.44% | -26.64% | -0.80% |
Max Drawdown (5Y)Largest decline over 5 years | -27.44% | -44.84% | +17.40% |
Max Drawdown (10Y)Largest decline over 10 years | -30.43% | -44.84% | +14.41% |
Current DrawdownCurrent decline from peak | -4.06% | -8.16% | +4.10% |
Average DrawdownAverage peak-to-trough decline | -8.66% | -13.51% | +4.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.50% | 4.74% | -2.24% |
Volatility
FDTEX vs. FAGOX - Volatility Comparison
The current volatility for Fidelity Advisor Diversified Stock Fund Class M (FDTEX) is 4.60%, while Fidelity Advisor Growth Opportunities Fund Class M (FAGOX) has a volatility of 7.92%. This indicates that FDTEX experiences smaller price fluctuations and is considered to be less risky than FAGOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FDTEX | FAGOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.60% | 7.92% | -3.32% |
Volatility (6M)Calculated over the trailing 6-month period | 13.01% | 17.87% | -4.86% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.07% | 21.52% | -5.45% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.06% | 25.32% | -1.26% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.78% | 24.10% | -2.32% |
FDTEX vs. FAGOX - Expense Ratio Comparison
FDTEX has a 1.13% expense ratio, which is lower than FAGOX's 1.28% expense ratio.
Dividends
FDTEX vs. FAGOX - Dividend Comparison
FDTEX's dividend yield for the trailing twelve months is around 5.88%, more than FAGOX's 3.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAGOX Fidelity Advisor Growth Opportunities Fund Class M | 3.93% | 4.21% | 0.00% | 0.00% | 0.00% | 10.01% | 5.29% | 4.15% | 12.10% | 7.48% | 15.51% | 11.14% |
FDTEX Fidelity Advisor Diversified Stock Fund Class M | 5.88% | 6.47% | 28.65% | 3.15% | 8.76% | 17.04% | 4.97% | 2.62% | 13.14% | 7.87% | 1.03% | 7.93% |
Frequently Asked Questions
With a correlation of 0.91, FDTEX and FAGOX 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.
FAGOX has higher volatility (7.92%) compared to FDTEX (4.60%). In terms of maximum drawdown, FDTEX dropped -63.20% vs FAGOX's -65.31%.
FDTEX currently has the higher Sharpe Ratio (1.11 vs 0.75), 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.
Find the right allocation for FDTEX and FAGOX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer