FHZTX vs. QCELX

Last updated Jun 5, 2026

FHZTX (Fidelity Advisor Large Cap Stock Fund Class I) and QCELX (AQR Large Cap Multi-Style Fund) are both Large Cap Blend Equities funds. Their correlation of 0.90 suggests significant overlap in exposure. FHZTX charges 0.77%/yr vs 0.41%/yr for QCELX.

Performance

FHZTX vs. QCELX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Large Cap Stock Fund Class I (FHZTX) and AQR Large Cap Multi-Style Fund (QCELX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FHZTX

• 1D: -0.88%
• 1M: 1.51%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QCELX

• 1D: -0.80%
• 1M: 4.85%
• YTD: 17.15%
• 6M: 18.57%
• 1Y: 37.68%
• 3Y*: 27.14%
• 5Y*: 15.79%
• 10Y*: 15.11%

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

FHZTX vs. QCELX - Yearly Performance Comparison

	2026 (YTD)
FHZTX Fidelity Advisor Large Cap Stock Fund Class I	8.85%
QCELX AQR Large Cap Multi-Style Fund	15.37%

Correlation

The correlation between FHZTX and QCELX is 0.90, 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 17, 2026	0.90

Return for Risk

FHZTX vs. QCELX — Risk / Return Rank

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

QCELX

QCELX Risk / Return Rank: 87
QCELX Sharpe Ratio Rank: 89
QCELX Sortino Ratio Rank: 83
QCELX Omega Ratio Rank: 79
QCELX Calmar Ratio Rank: 91
QCELX Martin Ratio Rank: 95

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.

FHZTX vs. QCELX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Large Cap Stock Fund Class I (FHZTX) and AQR Large Cap Multi-Style Fund (QCELX). 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.

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

Sharpe Ratios by Period

	FHZTX	QCELX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.93	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.84	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.80	—
Sharpe Ratio (All Time) Calculated using the full available price history	3.28	0.72	+2.56

Drawdowns

FHZTX vs. QCELX - Drawdown Comparison

The maximum FHZTX drawdown since its inception was -5.31%, smaller than the maximum QCELX drawdown of -33.52%. Use the drawdown chart below to compare losses from any high point for FHZTX and QCELX.

Drawdown Indicators

	FHZTX	QCELX	Difference
Max Drawdown Largest peak-to-trough decline	-5.31%	-33.52%	+28.21%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.92%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.38%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-28.70%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.52%	—
Current Drawdown Current decline from peak	-1.12%	-1.05%	-0.07%
Average Drawdown Average peak-to-trough decline	-0.83%	-5.65%	+4.82%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.72%	—

Volatility

Volatility by Period

	FHZTX	QCELX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.22%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.37%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.62%	12.78%	+1.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.62%	18.93%	-4.31%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.62%	18.97%	-4.35%

FHZTX vs. QCELX - Expense Ratio Comparison

FHZTX has a 0.77% expense ratio, which is higher than QCELX's 0.41% expense ratio.

Dividends

FHZTX vs. QCELX - Dividend Comparison

FHZTX has not paid dividends to shareholders, while QCELX's dividend yield for the trailing twelve months is around 12.29%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FHZTX Fidelity Advisor Large Cap Stock Fund Class I	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QCELX AQR Large Cap Multi-Style Fund	12.29%	14.40%	12.89%	13.67%	11.05%	12.41%	9.94%	5.36%	7.81%	0.99%	1.28%	0.89%

Frequently Asked Questions

Can I hold both FHZTX and QCELX in my portfolio?

FHZTX and QCELX have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.