FGEMX vs. FXAIX
Compare and contrast key facts about Fidelity Advisor Communication Services Class M (FGEMX) and Fidelity 500 Index Fund (FXAIX).
FGEMX is managed by Fidelity. It was launched on Nov 30, 2018. FXAIX is a passively managed fund by Fidelity that tracks the performance of the S&P 500 Index. It was launched on Feb 17, 1988.
Performance
FGEMX vs. FXAIX - Performance Comparison
Loading graphics...
FGEMX vs. FXAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FGEMX Fidelity Advisor Communication Services Class M | -11.81% | 35.78% | 35.16% | 56.03% | -38.63% | 15.37% | 34.73% | 32.42% | -7.45% |
FXAIX Fidelity 500 Index Fund | -7.05% | 17.84% | 25.01% | 26.29% | -18.14% | 28.71% | 18.42% | 31.48% | -9.05% |
Returns By Period
In the year-to-date period, FGEMX achieves a -11.81% return, which is significantly lower than FXAIX's -7.05% return.
FGEMX
- 1D
- -0.18%
- 1M
- -11.53%
- YTD
- -11.81%
- 6M
- -9.42%
- 1Y
- 26.29%
- 3Y*
- 27.80%
- 5Y*
- 10.35%
- 10Y*
- —
FXAIX
- 1D
- -0.39%
- 1M
- -7.68%
- YTD
- -7.05%
- 6M
- -4.59%
- 1Y
- 14.42%
- 3Y*
- 17.17%
- 5Y*
- 11.40%
- 10Y*
- 13.75%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FGEMX vs. FXAIX - Expense Ratio Comparison
FGEMX has a 1.27% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Return for Risk
FGEMX vs. FXAIX — Risk / Return Rank
FGEMX
FXAIX
FGEMX vs. FXAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Communication Services Class M (FGEMX) and Fidelity 500 Index Fund (FXAIX). 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.
| FGEMX | FXAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.15 | 0.84 | +0.32 |
Sortino ratioReturn per unit of downside risk | 1.70 | 1.30 | +0.41 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.20 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.31 | 1.05 | +0.26 |
Martin ratioReturn relative to average drawdown | 5.02 | 5.13 | -0.11 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FGEMX | FXAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.15 | 0.84 | +0.32 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.68 | -0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.77 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.67 | 0.75 | -0.08 |
Correlation
The correlation between FGEMX and FXAIX is 0.83, 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.
Dividends
FGEMX vs. FXAIX - Dividend Comparison
FGEMX's dividend yield for the trailing twelve months is around 8.26%, more than FXAIX's 1.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGEMX Fidelity Advisor Communication Services Class M | 8.26% | 7.28% | 6.99% | 0.00% | 0.00% | 5.61% | 3.78% | 35.33% | 8.81% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
Drawdowns
FGEMX vs. FXAIX - Drawdown Comparison
The maximum FGEMX drawdown since its inception was -47.74%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FGEMX and FXAIX.
Loading graphics...
Drawdown Indicators
| FGEMX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.74% | -33.79% | -13.95% |
Max Drawdown (1Y)Largest decline over 1 year | -16.98% | -12.13% | -4.85% |
Max Drawdown (5Y)Largest decline over 5 years | -47.74% | -24.50% | -23.24% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.79% | — |
Current DrawdownCurrent decline from peak | -16.98% | -8.89% | -8.09% |
Average DrawdownAverage peak-to-trough decline | -11.18% | -3.83% | -7.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.44% | 2.50% | +1.94% |
Volatility
FGEMX vs. FXAIX - Volatility Comparison
Fidelity Advisor Communication Services Class M (FGEMX) has a higher volatility of 7.07% compared to Fidelity 500 Index Fund (FXAIX) at 4.24%. This indicates that FGEMX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FGEMX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.07% | 4.24% | +2.83% |
Volatility (6M)Calculated over the trailing 6-month period | 13.79% | 9.08% | +4.71% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.02% | 18.13% | +4.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.13% | 16.88% | +6.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.00% | 18.03% | +5.97% |