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:
1.92
^GSPC:
1.83
FIDLX:
2.69
^GSPC:
2.46
FIDLX:
1.38
^GSPC:
1.34
FIDLX:
3.14
^GSPC:
2.72
FIDLX:
13.22
^GSPC:
11.89
FIDLX:
1.93%
^GSPC:
1.94%
FIDLX:
13.28%
^GSPC:
12.57%
FIDLX:
-37.51%
^GSPC:
-56.78%
FIDLX:
-4.56%
^GSPC:
-3.66%
Returns By Period
In the year-to-date period, FIDLX achieves a 25.67% return, which is significantly higher than ^GSPC's 23.00% return.
FIDLX
25.67%
-2.37%
7.48%
27.45%
14.63%
N/A
^GSPC
23.00%
-0.84%
7.20%
24.88%
12.77%
10.96%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
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 -37.51%, 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
The current volatility for Fidelity Advisor Large Cap Fund Class Z (FIDLX) is 3.29%, while S&P 500 (^GSPC) has a volatility of 3.62%. This indicates that FIDLX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.