FGRCX vs. FSCSX

Last updated Aug 5, 2026

FGRCX (Fidelity Advisor Mega Cap Stock Fund Class C) and FSCSX (Fidelity Select Software & IT Services Portfolio) are both mutual funds - FGRCX is a Large Cap Blend Equities fund managed by Fidelity, while FSCSX is a Technology Equities fund actively managed by Fidelity. Over the past 10 years, FGRCX returned 15.25%/yr vs 16.52%/yr for FSCSX. Their 0.77 correlation means they have sometimes moved together and sometimes differently. FGRCX charges 1.67%/yr vs 0.67%/yr for FSCSX.

Performance

FGRCX vs. FSCSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Mega Cap Stock Fund Class C (FGRCX) and Fidelity Select Software & IT Services Portfolio (FSCSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FGRCX achieves a 13.51% return, which is significantly higher than FSCSX's -3.20% return. Over the past 10 years, FGRCX has underperformed FSCSX with an annualized return of 15.25%, while FSCSX has yielded a comparatively higher 16.52% annualized return.

FGRCX

• 1D: 2.05%
• 1M: 3.29%
• 6M: 10.29%
• YTD: 13.51%
• 1Y: 24.49%
• 3Y*: 23.64%
• 5Y*: 16.04%
• 10Y*: 15.25%
• ALL TIME*: 11.16%

FSCSX

• 1D: 3.43%
• 1M: 8.68%
• 6M: 20.60%
• YTD: -3.20%
• 1Y: -4.47%
• 3Y*: 12.97%
• 5Y*: 6.30%
• 10Y*: 16.52%
• ALL TIME*: 15.67%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FGRCX Fidelity Advisor Mega Cap Stock Fund Class C	$0.00	$0.00	$0.00
FSCSX Fidelity Select Software & IT Services Portfolio	$0.00	$0.00	$0.00

FGRCX vs. FSCSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FGRCX Fidelity Advisor Mega Cap Stock Fund Class C	13.51%	25.57%	24.67%	25.21%	-9.98%	24.96%	11.74%	29.78%	-8.37%	16.67%
FSCSX Fidelity Select Software & IT Services Portfolio	-3.20%	6.96%	19.66%	51.72%	-29.13%	18.13%	45.55%	38.99%	4.08%	38.60%

Correlation

The correlation between FGRCX and FSCSX is 0.44, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.44
Correlation (3Y) Balances recent behavior with more history.	0.63
Correlation (5Y) Shows whether the relationship held over a longer period.	0.71
Correlation (10Y) Provides a long-term view across more market conditions.	0.70
Correlation (All Time) Calculated using the full available price history since Feb 11, 2008	0.77

Over the past year, the correlation between FGRCX and FSCSX has dropped to 0.44 - well below their long-term average of 0.77, suggesting their price drivers have been diverging.

Return for Risk

FGRCX vs. FSCSX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FGRCX

FGRCX Risk / Return Rank: 79
FGRCX Sharpe Ratio Rank: 80
FGRCX Sortino Ratio Rank: 78
FGRCX Omega Ratio Rank: 74
FGRCX Calmar Ratio Rank: 79
FGRCX Martin Ratio Rank: 86

FSCSX

FSCSX Risk / Return Rank: 3
FSCSX Sharpe Ratio Rank: 3
FSCSX Sortino Ratio Rank: 4
FSCSX Omega Ratio Rank: 4
FSCSX Calmar Ratio Rank: 3
FSCSX Martin Ratio Rank: 3

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FGRCX vs. FSCSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Mega Cap Stock Fund Class C (FGRCX) and Fidelity Select Software & IT Services Portfolio (FSCSX). 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.

	FGRCX	FSCSX	Difference
Sharpe ratio: Return per unit of total volatility	2.02	-0.09	+2.12
Sortino ratio: Return per unit of downside risk	2.83	0.08	+2.76
Omega ratio: Gain probability vs. loss probability	1.36	1.01	+0.35
Calmar ratio: Return relative to maximum drawdown	2.87	-0.08	+2.95
Martin ratio: Return relative to average drawdown	12.31	-0.16	+12.47

FGRCX vs. FSCSX - Sharpe Ratio Comparison

The current FGRCX Sharpe Ratio is 2.02, which is higher than the FSCSX Sharpe Ratio of -0.09. The chart below compares the historical Sharpe Ratios of FGRCX and FSCSX, 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

FGRCX vs. FSCSX - Drawdown Comparison

The maximum FGRCX drawdown since its inception was -53.01%, smaller than the maximum FSCSX drawdown of -64.66%. Use the drawdown chart below to compare losses from any high point for FGRCX and FSCSX.

Drawdown Indicators

	FGRCX	FSCSX	Difference
Max Drawdown Largest peak-to-trough decline	-53.01%	-64.66%	+11.65%
Max Drawdown (1Y) Largest decline over 1 year	-9.13%	-34.24%	+25.11%
Max Drawdown (3Y) Largest decline over 3 years	-18.62%	-34.24%	+15.62%
Max Drawdown (5Y) Largest decline over 5 years	-23.86%	-37.06%	+13.20%
Max Drawdown (10Y) Largest decline over 10 years	-35.35%	-37.06%	+1.71%
Current Drawdown Current decline from peak	0.00%	-8.74%	+8.74%
Average Drawdown Average peak-to-trough decline	-6.95%	-13.24%	+6.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.12%	16.65%	-14.53%

Volatility

FGRCX vs. FSCSX - Volatility Comparison

The current volatility for Fidelity Advisor Mega Cap Stock Fund Class C (FGRCX) is 4.24%, while Fidelity Select Software & IT Services Portfolio (FSCSX) has a volatility of 7.99%. This indicates that FGRCX experiences smaller price fluctuations and is considered to be less risky than FSCSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FGRCX	FSCSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.24%	7.99%	-3.75%
Volatility (6M) Calculated over the trailing 6-month period	10.21%	25.49%	-15.28%
Volatility (1Y) Calculated over the trailing 1-year period	12.96%	29.81%	-16.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.76%	26.89%	-10.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.12%	24.79%	-6.67%

FGRCX vs. FSCSX - Expense Ratio Comparison

FGRCX has a 1.67% expense ratio, which is higher than FSCSX's 0.67% expense ratio.

Dividends

FGRCX vs. FSCSX - Dividend Comparison

FGRCX's dividend yield for the trailing twelve months is around 2.81%, less than FSCSX's 20.75% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FGRCX Fidelity Advisor Mega Cap Stock Fund Class C	2.81%	3.19%	1.88%	1.23%	3.43%	3.88%	7.29%	12.35%	21.04%	15.67%	1.05%	3.23%
FSCSX Fidelity Select Software & IT Services Portfolio	20.75%	15.40%	19.17%	7.72%	9.06%	6.54%	5.10%	12.70%	6.20%	7.15%	3.98%	5.22%

Frequently Asked Questions

Can I hold both FGRCX and FSCSX in my portfolio?

FGRCX and FSCSX have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FGRCX or FSCSX?

FSCSX has higher volatility (7.99%) compared to FGRCX (4.24%). In terms of maximum drawdown, FGRCX dropped -53.01% vs FSCSX's -64.66%.

Which has better risk-adjusted returns?

FGRCX currently has the higher Sharpe Ratio (2.02 vs -0.09), 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.