FIDZX vs. ^GSPC
Compare and contrast key facts about Fidelity Advisor International Capital Appreciation Fund Class Z (FIDZX) and S&P 500 (^GSPC).
FIDZX 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: FIDZX or ^GSPC.
Correlation
The correlation between FIDZX and ^GSPC is 0.80, 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
FIDZX vs. ^GSPC - Performance Comparison
Key characteristics
FIDZX:
0.50
^GSPC:
0.46
FIDZX:
0.85
^GSPC:
0.77
FIDZX:
1.11
^GSPC:
1.11
FIDZX:
0.62
^GSPC:
0.47
FIDZX:
2.38
^GSPC:
1.94
FIDZX:
4.20%
^GSPC:
4.61%
FIDZX:
19.91%
^GSPC:
19.44%
FIDZX:
-39.59%
^GSPC:
-56.78%
FIDZX:
-2.44%
^GSPC:
-10.07%
Returns By Period
In the year-to-date period, FIDZX achieves a 6.35% return, which is significantly higher than ^GSPC's -6.06% return.
FIDZX
6.35%
1.58%
3.74%
9.65%
10.22%
N/A
^GSPC
-6.06%
-2.95%
-4.87%
8.34%
13.98%
10.15%
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Risk-Adjusted Performance
FIDZX vs. ^GSPC — Risk-Adjusted Performance Rank
FIDZX
^GSPC
FIDZX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor International Capital Appreciation Fund Class Z (FIDZX) 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
FIDZX vs. ^GSPC - Drawdown Comparison
The maximum FIDZX drawdown since its inception was -39.59%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for FIDZX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
FIDZX vs. ^GSPC - Volatility Comparison
The current volatility for Fidelity Advisor International Capital Appreciation Fund Class Z (FIDZX) is 13.44%, while S&P 500 (^GSPC) has a volatility of 14.23%. This indicates that FIDZX 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.