FGIRX vs. SPY
Compare and contrast key facts about Fidelity Advisor Growth & Income Fund Class A (FGIRX) and SPDR S&P 500 ETF (SPY).
FGIRX is managed by Fidelity. It was launched on Dec 31, 1996. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FGIRX or SPY.
Correlation
The correlation between FGIRX and SPY 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.
Performance
FGIRX vs. SPY - Performance Comparison
Key characteristics
FGIRX:
1.98
SPY:
2.21
FGIRX:
2.76
SPY:
2.93
FGIRX:
1.37
SPY:
1.41
FGIRX:
3.10
SPY:
3.26
FGIRX:
13.36
SPY:
14.43
FGIRX:
1.63%
SPY:
1.90%
FGIRX:
11.00%
SPY:
12.41%
FGIRX:
-56.33%
SPY:
-55.19%
FGIRX:
-3.93%
SPY:
-2.74%
Returns By Period
In the year-to-date period, FGIRX achieves a 21.68% return, which is significantly lower than SPY's 25.54% return. Over the past 10 years, FGIRX has underperformed SPY with an annualized return of 6.49%, while SPY has yielded a comparatively higher 12.97% annualized return.
FGIRX
21.68%
-2.08%
7.10%
20.65%
10.24%
6.49%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
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FGIRX vs. SPY - Expense Ratio Comparison
FGIRX has a 0.92% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FGIRX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Growth & Income Fund Class A (FGIRX) and SPDR S&P 500 ETF (SPY). 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
FGIRX vs. SPY - Dividend Comparison
FGIRX's dividend yield for the trailing twelve months is around 1.07%, more than SPY's 0.86% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGIRX Fidelity Advisor Growth & Income Fund Class A | 1.07% | 1.31% | 1.30% | 1.63% | 1.75% | 1.76% | 2.09% | 1.25% | 1.53% | 1.99% | 9.80% | 1.28% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
FGIRX vs. SPY - Drawdown Comparison
The maximum FGIRX drawdown since its inception was -56.33%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FGIRX and SPY. For additional features, visit the drawdowns tool.
Volatility
FGIRX vs. SPY - Volatility Comparison
The current volatility for Fidelity Advisor Growth & Income Fund Class A (FGIRX) is 3.26%, while SPDR S&P 500 ETF (SPY) has a volatility of 3.72%. This indicates that FGIRX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.