Correlation
The correlation between FDTTX and FDESX is 0.93, 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.
FDTTX vs. FDESX
Compare and contrast key facts about Fidelity Advisor Capital Development Fund Class A (FDTTX) and Fidelity Advisor Diversified Stock Fund Class O (FDESX).
FDTTX is managed by Fidelity. It was launched on Apr 30, 1999. FDESX is managed by Fidelity. It was launched on Jul 10, 1970.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDTTX or FDESX.
Performance
FDTTX vs. FDESX - Performance Comparison
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Key characteristics
FDTTX:
0.88
FDESX:
0.40
FDTTX:
1.21
FDESX:
0.59
FDTTX:
1.18
FDESX:
1.08
FDTTX:
0.83
FDESX:
0.31
FDTTX:
3.22
FDESX:
1.00
FDTTX:
4.93%
FDESX:
6.85%
FDTTX:
20.00%
FDESX:
21.56%
FDTTX:
-56.87%
FDESX:
-62.74%
FDTTX:
-1.12%
FDESX:
-7.34%
Returns By Period
In the year-to-date period, FDTTX achieves a 5.44% return, which is significantly higher than FDESX's -1.79% return. Over the past 10 years, FDTTX has underperformed FDESX with an annualized return of 11.98%, while FDESX has yielded a comparatively higher 12.64% annualized return.
FDTTX
5.44%
7.48%
2.01%
16.40%
16.83%
19.07%
11.98%
FDESX
-1.79%
5.99%
-3.92%
8.49%
14.20%
15.96%
12.64%
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FDTTX vs. FDESX - Expense Ratio Comparison
FDTTX has a 0.85% expense ratio, which is higher than FDESX's 0.45% expense ratio.
Risk-Adjusted Performance
FDTTX vs. FDESX — Risk-Adjusted Performance Rank
FDTTX
FDESX
FDTTX vs. FDESX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Capital Development Fund Class A (FDTTX) and Fidelity Advisor Diversified Stock Fund Class O (FDESX). 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.
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Dividends
FDTTX vs. FDESX - Dividend Comparison
FDTTX's dividend yield for the trailing twelve months is around 8.73%, less than FDESX's 14.23% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDTTX Fidelity Advisor Capital Development Fund Class A | 8.73% | 9.20% | 4.34% | 5.64% | 5.60% | 4.40% | 7.49% | 16.04% | 6.73% | 2.74% | 5.82% | 17.46% |
FDESX Fidelity Advisor Diversified Stock Fund Class O | 14.23% | 13.97% | 3.55% | 9.06% | 16.87% | 5.28% | 3.23% | 13.54% | 8.97% | 1.67% | 8.53% | 10.00% |
Drawdowns
FDTTX vs. FDESX - Drawdown Comparison
The maximum FDTTX drawdown since its inception was -56.87%, smaller than the maximum FDESX drawdown of -62.74%. Use the drawdown chart below to compare losses from any high point for FDTTX and FDESX.
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Volatility
FDTTX vs. FDESX - Volatility Comparison
Fidelity Advisor Capital Development Fund Class A (FDTTX) and Fidelity Advisor Diversified Stock Fund Class O (FDESX) have volatilities of 4.26% and 4.25%, 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.
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