FDTEX vs. FZACX
Compare and contrast key facts about Fidelity Advisor Diversified Stock Fund Class M (FDTEX) and Fidelity Advisor Diversified Stock Fund Class Z (FZACX).
FDTEX is managed by Fidelity. It was launched on Jul 12, 2005. FZACX is managed by Fidelity. It was launched on Aug 13, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDTEX or FZACX.
Correlation
The correlation between FDTEX and FZACX is 1.00, 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
FDTEX vs. FZACX - Performance Comparison
Key characteristics
FDTEX:
0.46
FZACX:
0.59
FDTEX:
0.66
FZACX:
0.82
FDTEX:
1.11
FZACX:
1.13
FDTEX:
0.48
FZACX:
0.71
FDTEX:
1.52
FZACX:
2.04
FDTEX:
5.77%
FZACX:
5.35%
FDTEX:
19.24%
FZACX:
18.58%
FDTEX:
-63.19%
FZACX:
-37.65%
FDTEX:
-11.99%
FZACX:
-10.72%
Returns By Period
The year-to-date returns for both investments are quite close, with FDTEX having a 4.45% return and FZACX slightly higher at 4.54%. Over the past 10 years, FDTEX has underperformed FZACX with an annualized return of 4.65%, while FZACX has yielded a comparatively higher 5.91% annualized return.
FDTEX
4.45%
1.98%
-1.85%
6.80%
5.29%
4.65%
FZACX
4.54%
2.06%
-0.25%
8.89%
6.78%
5.91%
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FDTEX vs. FZACX - Expense Ratio Comparison
FDTEX has a 1.13% expense ratio, which is higher than FZACX's 0.48% expense ratio.
Risk-Adjusted Performance
FDTEX vs. FZACX — Risk-Adjusted Performance Rank
FDTEX
FZACX
FDTEX vs. FZACX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Diversified Stock Fund Class M (FDTEX) and Fidelity Advisor Diversified Stock Fund Class Z (FZACX). 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.
Dividends
FDTEX vs. FZACX - Dividend Comparison
FDTEX has not paid dividends to shareholders, while FZACX's dividend yield for the trailing twelve months is around 0.55%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDTEX Fidelity Advisor Diversified Stock Fund Class M | 0.00% | 0.00% | 0.00% | 0.10% | 0.00% | 0.00% | 0.11% | 0.00% | 0.69% | 1.00% | 0.99% | 10.36% |
FZACX Fidelity Advisor Diversified Stock Fund Class Z | 0.55% | 0.57% | 0.52% | 0.80% | 0.54% | 0.47% | 0.77% | 0.77% | 1.33% | 1.56% | 1.72% | 11.11% |
Drawdowns
FDTEX vs. FZACX - Drawdown Comparison
The maximum FDTEX drawdown since its inception was -63.19%, which is greater than FZACX's maximum drawdown of -37.65%. Use the drawdown chart below to compare losses from any high point for FDTEX and FZACX. For additional features, visit the drawdowns tool.
Volatility
FDTEX vs. FZACX - Volatility Comparison
Fidelity Advisor Diversified Stock Fund Class M (FDTEX) and Fidelity Advisor Diversified Stock Fund Class Z (FZACX) have volatilities of 4.82% and 4.82%, 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.