FIDGX vs. VGT

Last updated Jun 24, 2026

FIDGX (Fidelity Advisor Small Cap Growth Fund Class Z) and VGT (Vanguard Information Technology ETF) are both funds - FIDGX is a Small Cap Growth Equities fund managed by Fidelity, while VGT is a Technology Equities fund tracking the MSCI USA IMI Information Technology 25/50 Index. Over the past 5 years, FIDGX returned 8.77%/yr vs 19.51%/yr for VGT. A 0.79 correlation means they provide meaningful diversification when combined. FIDGX charges 0.90%/yr vs 0.09%/yr for VGT.

Performance

FIDGX vs. VGT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Small Cap Growth Fund Class Z (FIDGX) and Vanguard Information Technology ETF (VGT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FIDGX achieves a 25.29% return, which is significantly higher than VGT's 23.32% return.

FIDGX

• 1D: 1.21%
• 1M: 7.49%
• YTD: 25.29%
• 6M: 21.58%
• 1Y: 45.01%
• 3Y*: 22.97%
• 5Y*: 8.77%
• 10Y*: —

VGT

• 1D: -3.68%
• 1M: 0.28%
• YTD: 23.32%
• 6M: 21.50%
• 1Y: 46.82%
• 3Y*: 30.13%
• 5Y*: 19.51%
• 10Y*: 25.49%

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

FIDGX vs. VGT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FIDGX Fidelity Advisor Small Cap Growth Fund Class Z	25.29%	11.29%	20.67%	19.17%	-25.25%	10.63%	36.52%	36.54%	-4.45%	22.27%
VGT Vanguard Information Technology ETF	23.32%	21.77%	29.30%	52.66%	-29.70%	30.45%	46.04%	48.62%	2.46%	28.53%

Correlation

The correlation between FIDGX and VGT is 0.73, 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	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (5Y) Calculated over the trailing 5-year period	0.78
Correlation (All Time) Calculated using the full available price history since Feb 9, 2017	0.79

The correlation between FIDGX and VGT has been stable across timeframes, ranging from 0.73 to 0.79 - a consistent structural relationship.

FIDGX vs. VGT - Sectors Allocation Comparison

Sectors	FIDGX	VGT
Healthcare	29.0%	0.0%
Industrials	24.5%	0.4%
Technology	20.8%	98.5%
Consumer Cyclical	8.3%	0.1%
Financial Services	6.2%	0.5%
Energy	3.1%	0.3%
Consumer Defensive	3.0%	-
Basic Materials	2.6%	0.0%
Communication Services	1.0%	0.5%
Real Estate	0.9%	-
Utilities	0.5%	-

Return for Risk

FIDGX vs. VGT — Risk / Return Rank

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

FIDGX

FIDGX Risk / Return Rank: 64
FIDGX Sharpe Ratio Rank: 58
FIDGX Sortino Ratio Rank: 51
FIDGX Omega Ratio Rank: 47
FIDGX Calmar Ratio Rank: 81
FIDGX Martin Ratio Rank: 81

VGT

VGT Risk / Return Rank: 58
VGT Sharpe Ratio Rank: 65
VGT Sortino Ratio Rank: 56
VGT Omega Ratio Rank: 58
VGT Calmar Ratio Rank: 60
VGT Martin Ratio Rank: 52

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.

FIDGX vs. VGT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Small Cap Growth Fund Class Z (FIDGX) and Vanguard Information Technology ETF (VGT). 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.

	FIDGX	VGT	Difference
Sharpe ratio: Return per unit of total volatility	2.08	2.07	+0.01
Sortino ratio: Return per unit of downside risk	2.76	2.61	+0.16
Omega ratio: Gain probability vs. loss probability	1.35	1.35	0.00
Calmar ratio: Return relative to maximum drawdown	3.53	2.87	+0.66
Martin ratio: Return relative to average drawdown	14.08	8.76	+5.32

FIDGX vs. VGT - Sharpe Ratio Comparison

The current FIDGX Sharpe Ratio is 2.08, which is comparable to the VGT Sharpe Ratio of 2.07. The chart below compares the historical Sharpe Ratios of FIDGX and VGT, 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

FIDGX vs. VGT - Drawdown Comparison

The maximum FIDGX drawdown since its inception was -38.99%, smaller than the maximum VGT drawdown of -54.63%. Use the drawdown chart below to compare losses from any high point for FIDGX and VGT.

Drawdown Indicators

	FIDGX	VGT	Difference
Max Drawdown Largest peak-to-trough decline	-38.99%	-54.63%	+15.64%
Max Drawdown (1Y) Largest decline over 1 year	-13.09%	-16.40%	+3.31%
Max Drawdown (3Y) Largest decline over 3 years	-28.68%	-27.23%	-1.45%
Max Drawdown (5Y) Largest decline over 5 years	-38.99%	-35.07%	-3.92%
Max Drawdown (10Y) Largest decline over 10 years	—	-35.07%	—
Current Drawdown Current decline from peak	0.00%	-7.71%	+7.71%
Average Drawdown Average peak-to-trough decline	-10.73%	-7.95%	-2.78%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.27%	5.36%	-2.09%

Volatility

FIDGX vs. VGT - Volatility Comparison

The current volatility for Fidelity Advisor Small Cap Growth Fund Class Z (FIDGX) is 7.83%, while Vanguard Information Technology ETF (VGT) has a volatility of 11.39%. This indicates that FIDGX experiences smaller price fluctuations and is considered to be less risky than VGT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIDGX	VGT	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.83%	11.39%	-3.56%
Volatility (6M) Calculated over the trailing 6-month period	17.33%	18.58%	-1.25%
Volatility (1Y) Calculated over the trailing 1-year period	22.26%	22.72%	-0.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.68%	25.55%	-1.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.39%	24.77%	-1.38%

FIDGX vs. VGT - Expense Ratio Comparison

FIDGX has a 0.90% expense ratio, which is higher than VGT's 0.09% expense ratio.

Dividends

FIDGX vs. VGT - Dividend Comparison

FIDGX's dividend yield for the trailing twelve months is around 5.03%, more than VGT's 0.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIDGX Fidelity Advisor Small Cap Growth Fund Class Z	5.03%	6.31%	1.49%	0.00%	0.00%	19.26%	8.17%	5.27%	14.38%	6.92%	0.00%	0.00%
VGT Vanguard Information Technology ETF	0.33%	0.40%	0.60%	0.65%	0.91%	0.64%	0.82%	1.11%	1.29%	0.99%	1.31%	1.28%

Frequently Asked Questions

Can I hold both FIDGX and VGT in my portfolio?

FIDGX and VGT have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FIDGX or VGT?

VGT has higher volatility (11.39%) compared to FIDGX (7.83%). In terms of maximum drawdown, FIDGX dropped -38.99% vs VGT's -54.63%.

Which has better risk-adjusted returns?

FIDGX currently has the higher Sharpe Ratio (2.08 vs 2.07), 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.