FIFOX vs. GXXIX

Last updated Jun 5, 2026

FIFOX (Fidelity Advisor Founders Fund Class A) and GXXIX (abrdn U.S. Sustainable Leaders Fund) are both Large Cap Growth Equities funds. Over the past 5 years, FIFOX returned 12.54%/yr vs 11.59%/yr for GXXIX. Their correlation of 0.88 suggests significant overlap in exposure. FIFOX charges 1.15%/yr vs 0.97%/yr for GXXIX.

Performance

FIFOX vs. GXXIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Founders Fund Class A (FIFOX) and abrdn U.S. Sustainable Leaders Fund (GXXIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FIFOX achieves a 8.11% return, which is significantly higher than GXXIX's 6.22% return.

FIFOX

• 1D: -0.84%
• 1M: 4.71%
• YTD: 8.11%
• 6M: 8.61%
• 1Y: 21.86%
• 3Y*: 24.76%
• 5Y*: 12.54%
• 10Y*: —

GXXIX

• 1D: -0.47%
• 1M: 3.75%
• YTD: 6.22%
• 6M: 5.19%
• 1Y: 11.93%
• 3Y*: 9.42%
• 5Y*: 11.59%
• 10Y*: 14.68%

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

FIFOX vs. GXXIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FIFOX Fidelity Advisor Founders Fund Class A	8.11%	15.98%	36.15%	33.53%	-26.85%	18.67%	46.72%	13.79%
GXXIX abrdn U.S. Sustainable Leaders Fund	6.22%	3.82%	10.11%	15.19%	-26.55%	81.37%	29.56%	20.29%

Correlation

The correlation between FIFOX and GXXIX is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (5Y) Calculated over the trailing 5-year period	0.89
Correlation (All Time) Calculated using the full available price history since Feb 25, 2019	0.88

The correlation between FIFOX and GXXIX has been stable across timeframes, ranging from 0.83 to 0.89 - a consistent structural relationship.

Return for Risk

FIFOX vs. GXXIX — Risk / Return Rank

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

FIFOX

FIFOX Risk / Return Rank: 28
FIFOX Sharpe Ratio Rank: 29
FIFOX Sortino Ratio Rank: 27
FIFOX Omega Ratio Rank: 28
FIFOX Calmar Ratio Rank: 25
FIFOX Martin Ratio Rank: 33

GXXIX

GXXIX Risk / Return Rank: 14
GXXIX Sharpe Ratio Rank: 14
GXXIX Sortino Ratio Rank: 14
GXXIX Omega Ratio Rank: 13
GXXIX Calmar Ratio Rank: 11
GXXIX Martin Ratio Rank: 14

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.

FIFOX vs. GXXIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Founders Fund Class A (FIFOX) and abrdn U.S. Sustainable Leaders Fund (GXXIX). 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.

	FIFOX	GXXIX	Difference
Sharpe ratio: Return per unit of total volatility	1.52	1.03	+0.49
Sortino ratio: Return per unit of downside risk	2.15	1.51	+0.64
Omega ratio: Gain probability vs. loss probability	1.27	1.18	+0.09
Calmar ratio: Return relative to maximum drawdown	1.82	1.04	+0.78
Martin ratio: Return relative to average drawdown	7.38	3.99	+3.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FIFOX vs. GXXIX - Sharpe Ratio Comparison

The current FIFOX Sharpe Ratio is 1.52, which is higher than the GXXIX Sharpe Ratio of 1.03. The chart below compares the historical Sharpe Ratios of FIFOX and GXXIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FIFOX	GXXIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.52	1.03	+0.49
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	0.42	+0.18
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.62	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.79	0.65	+0.15

Drawdowns

FIFOX vs. GXXIX - Drawdown Comparison

The maximum FIFOX drawdown since its inception was -32.69%, roughly equal to the maximum GXXIX drawdown of -33.65%. Use the drawdown chart below to compare losses from any high point for FIFOX and GXXIX.

Drawdown Indicators

	FIFOX	GXXIX	Difference
Max Drawdown Largest peak-to-trough decline	-32.69%	-33.65%	+0.96%
Max Drawdown (1Y) Largest decline over 1 year	-12.36%	-11.78%	-0.58%
Max Drawdown (3Y) Largest decline over 3 years	-23.30%	-19.74%	-3.56%
Max Drawdown (5Y) Largest decline over 5 years	-32.69%	-33.65%	+0.96%
Max Drawdown (10Y) Largest decline over 10 years	—	-33.65%	—
Current Drawdown Current decline from peak	-1.60%	-0.47%	-1.13%
Average Drawdown Average peak-to-trough decline	-8.08%	-6.16%	-1.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.04%	3.06%	-0.02%

Volatility

FIFOX vs. GXXIX - Volatility Comparison

Fidelity Advisor Founders Fund Class A (FIFOX) has a higher volatility of 4.78% compared to abrdn U.S. Sustainable Leaders Fund (GXXIX) at 2.96%. This indicates that FIFOX's price experiences larger fluctuations and is considered to be riskier than GXXIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FIFOX	GXXIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.78%	2.96%	+1.82%
Volatility (6M) Calculated over the trailing 6-month period	11.42%	9.34%	+2.08%
Volatility (1Y) Calculated over the trailing 1-year period	14.84%	11.91%	+2.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.19%	27.77%	-6.58%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.56%	23.72%	-1.16%

FIFOX vs. GXXIX - Expense Ratio Comparison

FIFOX has a 1.15% expense ratio, which is higher than GXXIX's 0.97% expense ratio.

Dividends

FIFOX vs. GXXIX - Dividend Comparison

FIFOX's dividend yield for the trailing twelve months is around 2.25%, more than GXXIX's 2.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIFOX Fidelity Advisor Founders Fund Class A	2.25%	2.44%	6.38%	0.00%	2.42%	5.91%	0.00%	0.03%	0.00%	0.00%	0.00%	0.00%
GXXIX abrdn U.S. Sustainable Leaders Fund	2.16%	2.30%	0.00%	0.28%	0.39%	59.39%	14.10%	9.76%	12.93%	10.11%	12.20%	5.82%

Frequently Asked Questions

Can I hold both FIFOX and GXXIX in my portfolio?

FIFOX and GXXIX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FIFOX or GXXIX?

FIFOX has higher volatility (4.78%) compared to GXXIX (2.96%). In terms of maximum drawdown, FIFOX dropped -32.69% vs GXXIX's -33.65%.

Which has better risk-adjusted returns?

FIFOX currently has the higher Sharpe Ratio (1.52 vs 1.03), 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.