FDTEX vs. QILGX

Last updated Jun 24, 2026

FDTEX (Fidelity Advisor Diversified Stock Fund Class M) and QILGX (Federated Hermes MDT Large Cap Growth Fund) are both Large Cap Growth Equities funds. Over the past 10 years, FDTEX returned 17.81%/yr vs 20.19%/yr for QILGX. Their correlation of 0.87 suggests significant overlap in exposure. FDTEX charges 1.13%/yr vs 0.75%/yr for QILGX.

Performance

FDTEX vs. QILGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Diversified Stock Fund Class M (FDTEX) and Federated Hermes MDT Large Cap Growth Fund (QILGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDTEX achieves a 14.00% return, which is significantly higher than QILGX's 4.35% return. Over the past 10 years, FDTEX has underperformed QILGX with an annualized return of 17.81%, while QILGX has yielded a comparatively higher 20.19% annualized return.

FDTEX

• 1D: -0.22%
• 1M: 2.29%
• YTD: 14.00%
• 6M: 12.67%
• 1Y: 29.29%
• 3Y*: 28.61%
• 5Y*: 16.52%
• 10Y*: 17.81%

QILGX

• 1D: -0.82%
• 1M: -1.24%
• YTD: 4.35%
• 6M: 4.18%
• 1Y: 19.88%
• 3Y*: 25.72%
• 5Y*: 16.65%
• 10Y*: 20.19%

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

FDTEX vs. QILGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FDTEX Fidelity Advisor Diversified Stock Fund Class M	14.00%	13.31%	48.66%	27.49%	-20.43%	27.39%	26.58%	27.30%	-6.27%	17.69%
QILGX Federated Hermes MDT Large Cap Growth Fund	4.35%	19.46%	40.83%	39.63%	-24.86%	30.46%	38.39%	32.01%	1.52%	25.42%

Correlation

The correlation between FDTEX and QILGX is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.31
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (10Y) Calculated over the trailing 10-year period	0.83
Correlation (All Time) Calculated using the full available price history since Jan 3, 2006	0.87

Over the past year, the correlation between FDTEX and QILGX has dropped to 0.31 - well below their long-term average of 0.87, suggesting their price drivers have been diverging.

Return for Risk

FDTEX vs. QILGX — Risk / Return Rank

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

FDTEX

FDTEX Risk / Return Rank: 58
FDTEX Sharpe Ratio Rank: 53
FDTEX Sortino Ratio Rank: 46
FDTEX Omega Ratio Rank: 50
FDTEX Calmar Ratio Rank: 67
FDTEX Martin Ratio Rank: 73

QILGX

QILGX Risk / Return Rank: 21
QILGX Sharpe Ratio Rank: 22
QILGX Sortino Ratio Rank: 21
QILGX Omega Ratio Rank: 28
QILGX Calmar Ratio Rank: 17
QILGX Martin Ratio Rank: 18

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.

FDTEX vs. QILGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Diversified Stock Fund Class M (FDTEX) and Federated Hermes MDT Large Cap Growth Fund (QILGX). 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	QILGX	Difference
Sharpe ratio: Return per unit of total volatility	1.99	1.26	+0.73
Sortino ratio: Return per unit of downside risk	2.65	1.80	+0.86
Omega ratio: Gain probability vs. loss probability	1.36	1.25	+0.10
Calmar ratio: Return relative to maximum drawdown	3.02	1.37	+1.65
Martin ratio: Return relative to average drawdown	12.98	4.30	+8.68

FDTEX vs. QILGX - Sharpe Ratio Comparison

The current FDTEX Sharpe Ratio is 1.99, which is higher than the QILGX Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of FDTEX and QILGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FDTEX vs. QILGX - Drawdown Comparison

The maximum FDTEX drawdown since its inception was -63.20%, which is greater than QILGX's maximum drawdown of -53.48%. Use the drawdown chart below to compare losses from any high point for FDTEX and QILGX.

Drawdown Indicators

	FDTEX	QILGX	Difference
Max Drawdown Largest peak-to-trough decline	-63.20%	-53.48%	-9.72%
Max Drawdown (1Y) Largest decline over 1 year	-10.05%	-15.55%	+5.50%
Max Drawdown (3Y) Largest decline over 3 years	-27.44%	-24.71%	-2.73%
Max Drawdown (5Y) Largest decline over 5 years	-27.44%	-30.05%	+2.61%
Max Drawdown (10Y) Largest decline over 10 years	-30.43%	-31.68%	+1.25%
Current Drawdown Current decline from peak	-0.59%	-4.91%	+4.32%
Average Drawdown Average peak-to-trough decline	-8.69%	-8.94%	+0.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.34%	4.95%	-2.61%

Volatility

FDTEX vs. QILGX - Volatility Comparison

Fidelity Advisor Diversified Stock Fund Class M (FDTEX) and Federated Hermes MDT Large Cap Growth Fund (QILGX) have volatilities of 6.15% and 6.24%, 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.

Volatility by Period

	FDTEX	QILGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.15%	6.24%	-0.09%
Volatility (6M) Calculated over the trailing 6-month period	12.30%	13.16%	-0.86%
Volatility (1Y) Calculated over the trailing 1-year period	15.31%	16.96%	-1.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.00%	21.17%	+2.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.83%	21.32%	+0.51%

FDTEX vs. QILGX - Expense Ratio Comparison

FDTEX has a 1.13% expense ratio, which is higher than QILGX's 0.75% expense ratio.

Dividends

FDTEX vs. QILGX - Dividend Comparison

FDTEX's dividend yield for the trailing twelve months is around 5.67%, more than QILGX's 2.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDTEX Fidelity Advisor Diversified Stock Fund Class M	5.67%	6.47%	28.65%	3.15%	8.76%	17.04%	4.97%	2.62%	13.14%	7.87%	1.03%	7.93%
QILGX Federated Hermes MDT Large Cap Growth Fund	2.96%	3.09%	6.60%	1.47%	13.57%	19.44%	7.47%	5.07%	10.33%	7.40%	0.55%	11.76%

Frequently Asked Questions

Can I hold both FDTEX and QILGX in my portfolio?

FDTEX and QILGX have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDTEX or QILGX?

QILGX has higher volatility (6.24%) compared to FDTEX (6.15%). In terms of maximum drawdown, FDTEX dropped -63.20% vs QILGX's -53.48%.

Which has better risk-adjusted returns?

FDTEX currently has the higher Sharpe Ratio (1.99 vs 1.26), 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.