FHJMX vs. FBGRX

Last updated Jun 24, 2026

FHJMX (Fidelity Advisor Europe Fund Class I) and FBGRX (Fidelity Blue Chip Growth Fund) are both mutual funds - FHJMX is a Europe Equities fund managed by Fidelity, while FBGRX is a Large Cap Growth Equities fund managed by Fidelity. Over the past 10 years, FHJMX returned 9.35%/yr vs 22.38%/yr for FBGRX. A 0.62 correlation means they provide meaningful diversification when combined. FHJMX charges 1.06%/yr vs 0.79%/yr for FBGRX.

Performance

FHJMX vs. FBGRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Europe Fund Class I (FHJMX) and Fidelity Blue Chip Growth Fund (FBGRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FHJMX achieves a 8.98% return, which is significantly lower than FBGRX's 16.84% return. Over the past 10 years, FHJMX has underperformed FBGRX with an annualized return of 9.35%, while FBGRX has yielded a comparatively higher 22.38% annualized return.

FHJMX

• 1D: 0.45%
• 1M: 2.40%
• YTD: 8.98%
• 6M: 9.01%
• 1Y: 21.19%
• 3Y*: 18.01%
• 5Y*: 6.36%
• 10Y*: 9.35%

FBGRX

• 1D: -1.86%
• 1M: 2.83%
• YTD: 16.84%
• 6M: 15.60%
• 1Y: 40.72%
• 3Y*: 30.85%
• 5Y*: 15.32%
• 10Y*: 22.38%

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

FHJMX vs. FBGRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FHJMX Fidelity Advisor Europe Fund Class I	8.98%	37.51%	4.20%	13.70%	-20.60%	6.63%	18.31%	24.49%	-17.19%	29.18%
FBGRX Fidelity Blue Chip Growth Fund	16.84%	19.91%	39.77%	55.61%	-38.45%	22.64%	62.20%	33.43%	1.02%	36.01%

Correlation

The correlation between FHJMX and FBGRX is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (10Y) Calculated over the trailing 10-year period	0.62
Correlation (All Time) Calculated using the full available price history since Mar 25, 2014	0.62

The correlation between FHJMX and FBGRX has been stable across timeframes, ranging from 0.60 to 0.68 - a consistent structural relationship.

Return for Risk

FHJMX vs. FBGRX — Risk / Return Rank

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

FHJMX

FHJMX Risk / Return Rank: 27
FHJMX Sharpe Ratio Rank: 25
FHJMX Sortino Ratio Rank: 26
FHJMX Omega Ratio Rank: 24
FHJMX Calmar Ratio Rank: 27
FHJMX Martin Ratio Rank: 31

FBGRX

FBGRX Risk / Return Rank: 68
FBGRX Sharpe Ratio Rank: 69
FBGRX Sortino Ratio Rank: 56
FBGRX Omega Ratio Rank: 57
FBGRX Calmar Ratio Rank: 77
FBGRX Martin Ratio Rank: 78

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.

FHJMX vs. FBGRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Europe Fund Class I (FHJMX) and Fidelity Blue Chip Growth Fund (FBGRX). 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.

	FHJMX	FBGRX	Difference
Sharpe ratio: Return per unit of total volatility	1.31	2.23	-0.91
Sortino ratio: Return per unit of downside risk	1.94	2.89	-0.96
Omega ratio: Gain probability vs. loss probability	1.24	1.38	-0.14
Calmar ratio: Return relative to maximum drawdown	1.80	3.31	-1.51
Martin ratio: Return relative to average drawdown	6.69	13.66	-6.97

FHJMX vs. FBGRX - Sharpe Ratio Comparison

The current FHJMX Sharpe Ratio is 1.31, which is lower than the FBGRX Sharpe Ratio of 2.23. The chart below compares the historical Sharpe Ratios of FHJMX and FBGRX, 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

FHJMX vs. FBGRX - Drawdown Comparison

The maximum FHJMX drawdown since its inception was -38.02%, smaller than the maximum FBGRX drawdown of -58.64%. Use the drawdown chart below to compare losses from any high point for FHJMX and FBGRX.

Drawdown Indicators

	FHJMX	FBGRX	Difference
Max Drawdown Largest peak-to-trough decline	-38.02%	-58.64%	+20.62%
Max Drawdown (1Y) Largest decline over 1 year	-12.37%	-12.65%	+0.28%
Max Drawdown (3Y) Largest decline over 3 years	-13.27%	-27.07%	+13.80%
Max Drawdown (5Y) Largest decline over 5 years	-38.02%	-43.08%	+5.06%
Max Drawdown (10Y) Largest decline over 10 years	-38.02%	-43.08%	+5.06%
Current Drawdown Current decline from peak	0.00%	-2.19%	+2.19%
Average Drawdown Average peak-to-trough decline	-9.79%	-12.51%	+2.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.33%	3.06%	+0.27%

Volatility

FHJMX vs. FBGRX - Volatility Comparison

The current volatility for Fidelity Advisor Europe Fund Class I (FHJMX) is 5.82%, while Fidelity Blue Chip Growth Fund (FBGRX) has a volatility of 8.03%. This indicates that FHJMX experiences smaller price fluctuations and is considered to be less risky than FBGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FHJMX	FBGRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.82%	8.03%	-2.21%
Volatility (6M) Calculated over the trailing 6-month period	14.79%	14.72%	+0.07%
Volatility (1Y) Calculated over the trailing 1-year period	17.03%	18.85%	-1.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.43%	25.09%	-7.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.90%	23.80%	-5.90%

FHJMX vs. FBGRX - Expense Ratio Comparison

FHJMX has a 1.06% expense ratio, which is higher than FBGRX's 0.79% expense ratio.

Dividends

FHJMX vs. FBGRX - Dividend Comparison

FHJMX's dividend yield for the trailing twelve months is around 2.14%, more than FBGRX's 1.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FBGRX Fidelity Blue Chip Growth Fund	1.63%	1.90%	5.95%	0.93%	0.57%	8.73%	6.40%	3.70%	6.32%	4.23%	4.05%	5.30%
FHJMX Fidelity Advisor Europe Fund Class I	2.14%	2.33%	3.09%	1.64%	0.00%	16.02%	1.20%	7.46%	11.95%	2.58%	1.59%	1.66%

Frequently Asked Questions

Can I hold both FHJMX and FBGRX in my portfolio?

FHJMX and FBGRX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FHJMX or FBGRX?

FBGRX has higher volatility (8.03%) compared to FHJMX (5.82%). In terms of maximum drawdown, FHJMX dropped -38.02% vs FBGRX's -58.64%.

Which has better risk-adjusted returns?

FBGRX currently has the higher Sharpe Ratio (2.23 vs 1.31), 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.