FIDLX vs. ^GSPC
Compare and contrast key facts about Fidelity Advisor Large Cap Fund Class Z (FIDLX) and S&P 500 (^GSPC).
FIDLX is managed by Fidelity. It was launched on Feb 1, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIDLX or ^GSPC.
Correlation
The correlation between FIDLX and ^GSPC is 0.90, 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
FIDLX vs. ^GSPC - Performance Comparison
Key characteristics
FIDLX:
1.68
^GSPC:
1.77
FIDLX:
2.19
^GSPC:
2.39
FIDLX:
1.33
^GSPC:
1.32
FIDLX:
2.61
^GSPC:
2.66
FIDLX:
8.29
^GSPC:
10.85
FIDLX:
2.75%
^GSPC:
2.08%
FIDLX:
13.54%
^GSPC:
12.79%
FIDLX:
-40.12%
^GSPC:
-56.78%
FIDLX:
-3.25%
^GSPC:
0.00%
Returns By Period
In the year-to-date period, FIDLX achieves a 6.01% return, which is significantly higher than ^GSPC's 4.22% return.
FIDLX
6.01%
2.11%
7.06%
21.84%
11.95%
N/A
^GSPC
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
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Risk-Adjusted Performance
FIDLX vs. ^GSPC — Risk-Adjusted Performance Rank
FIDLX
^GSPC
FIDLX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Large Cap Fund Class Z (FIDLX) and S&P 500 (^GSPC). 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.
Drawdowns
FIDLX vs. ^GSPC - Drawdown Comparison
The maximum FIDLX drawdown since its inception was -40.12%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for FIDLX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
FIDLX vs. ^GSPC - Volatility Comparison
Fidelity Advisor Large Cap Fund Class Z (FIDLX) has a higher volatility of 3.76% compared to S&P 500 (^GSPC) at 3.19%. This indicates that FIDLX's price experiences larger fluctuations and is considered to be riskier than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.