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:
1.03
^GSPC:
1.98
FIDZX:
1.51
^GSPC:
2.64
FIDZX:
1.18
^GSPC:
1.36
FIDZX:
1.32
^GSPC:
3.00
FIDZX:
4.10
^GSPC:
12.30
FIDZX:
3.55%
^GSPC:
2.07%
FIDZX:
14.09%
^GSPC:
12.87%
FIDZX:
-39.59%
^GSPC:
-56.78%
FIDZX:
-1.89%
^GSPC:
-0.29%
Returns By Period
In the year-to-date period, FIDZX achieves a 5.66% return, which is significantly higher than ^GSPC's 3.73% return.
FIDZX
5.66%
3.97%
5.30%
13.02%
7.19%
N/A
^GSPC
3.73%
1.05%
11.76%
24.74%
13.51%
11.82%
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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 3.63%, while S&P 500 (^GSPC) has a volatility of 4.02%. 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.