FGDDX vs. AIGOX

Last updated Jul 14, 2026

FGDDX (Fidelity Advisor Dividend Growth Fund Class A) and AIGOX (Alger Growth & Income Portfolio) are both Large Cap Blend Equities funds. Their correlation of 0.88 suggests significant overlap in exposure. FGDDX charges 1.16%/yr vs 0.86%/yr for AIGOX.

Performance

FGDDX vs. AIGOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Dividend Growth Fund Class A (FGDDX) and Alger Growth & Income Portfolio (AIGOX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FGDDX

• 1D: 0.49%
• 1M: 1.45%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

AIGOX

• 1D: 0.12%
• 1M: 1.11%
• 6M: 11.84%
• YTD: 14.51%
• 1Y: 28.98%
• 3Y*: 22.70%
• 5Y*: 14.59%
• 10Y*: 15.49%

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

FGDDX vs. AIGOX - Yearly Performance Comparison

	2026 (YTD)
FGDDX Fidelity Advisor Dividend Growth Fund Class A	14.72%
AIGOX Alger Growth & Income Portfolio	15.57%

Correlation

The correlation between FGDDX and AIGOX is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 16, 2026	0.88

Return for Risk

FGDDX vs. AIGOX — Risk / Return Rank

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

FGDDX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

AIGOX

AIGOX Risk / Return Rank: 85
AIGOX Sharpe Ratio Rank: 84
AIGOX Sortino Ratio Rank: 82
AIGOX Omega Ratio Rank: 79
AIGOX Calmar Ratio Rank: 89
AIGOX Martin Ratio Rank: 93

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.

FGDDX vs. AIGOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Dividend Growth Fund Class A (FGDDX) and Alger Growth & Income Portfolio (AIGOX). 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.

	FGDDX	AIGOX	Difference
Sharpe ratio: Return per unit of total volatility	—	2.19	—
Sortino ratio: Return per unit of downside risk	—	3.07	—
Omega ratio: Gain probability vs. loss probability	—	1.39	—
Calmar ratio: Return relative to maximum drawdown	—	3.54	—
Martin ratio: Return relative to average drawdown	—	15.43	—

Drawdowns

FGDDX vs. AIGOX - Drawdown Comparison

The maximum FGDDX drawdown since its inception was -5.73%, smaller than the maximum AIGOX drawdown of -63.78%. Use the drawdown chart below to compare losses from any high point for FGDDX and AIGOX.

Drawdown Indicators

	FGDDX	AIGOX	Difference
Max Drawdown Largest peak-to-trough decline	-5.73%	-63.78%	+58.05%
Max Drawdown (1Y) Largest decline over 1 year	—	-8.11%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.83%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-23.30%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.18%	—
Current Drawdown Current decline from peak	-1.41%	-0.33%	-1.08%
Average Drawdown Average peak-to-trough decline	-1.30%	-15.35%	+14.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.86%	—

Volatility

Volatility by Period

	FGDDX	AIGOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.43%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.40%	—
Volatility (1Y) Calculated over the trailing 1-year period	17.90%	13.10%	+4.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.90%	17.33%	+0.57%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.90%	18.01%	-0.11%

FGDDX vs. AIGOX - Expense Ratio Comparison

FGDDX has a 1.16% expense ratio, which is higher than AIGOX's 0.86% expense ratio.

Dividends

FGDDX vs. AIGOX - Dividend Comparison

FGDDX's dividend yield for the trailing twelve months is around 0.15%, less than AIGOX's 11.87% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AIGOX Alger Growth & Income Portfolio	11.87%	13.51%	1.23%	4.06%	8.76%	8.32%	1.66%	10.86%	8.44%	1.42%	1.17%	1.72%
FGDDX Fidelity Advisor Dividend Growth Fund Class A	0.15%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FGDDX and AIGOX in my portfolio?

FGDDX and AIGOX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.