FIFWX vs. IOLZX
FIFWX (Fidelity Advisor Founders Fund Class Z) and IOLZX (ICON Equity Fund) are both Large Cap Growth Equities funds. Over the past 5 years, FIFWX returned 11.91%/yr vs 10.81%/yr for IOLZX. Their 0.77 correlation means they have sometimes moved together and sometimes differently. FIFWX charges 0.75%/yr vs 1.04%/yr for IOLZX.
Performance
FIFWX vs. IOLZX - Performance Comparison
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Returns By Period
In the year-to-date period, FIFWX achieves a 6.31% return, which is significantly lower than IOLZX's 28.40% return.
FIFWX
- 1D
- 1.77%
- 1M
- -0.65%
- 6M
- 5.72%
- YTD
- 6.31%
- 1Y
- 13.15%
- 3Y*
- 20.96%
- 5Y*
- 11.91%
- 10Y*
- —
- ALL TIME*
- 17.61%
IOLZX
- 1D
- 2.38%
- 1M
- 1.29%
- 6M
- 21.25%
- YTD
- 28.40%
- 1Y
- 43.63%
- 3Y*
- 20.92%
- 5Y*
- 10.81%
- 10Y*
- 14.43%
- ALL TIME*
- 8.20%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
IOLZX ICON Equity Fund | $0.00 | $0.00 | $0.00 |
FIFWX vs. IOLZX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FIFWX Fidelity Advisor Founders Fund Class Z | 6.31% | 16.53% | 36.54% | 34.14% | -26.58% | 19.13% | 47.37% | 14.14% |
IOLZX ICON Equity Fund | 28.40% | 15.81% | 16.87% | 12.13% | -17.78% | 26.72% | 16.00% | 16.91% |
Correlation
The correlation between FIFWX and IOLZX is 0.73, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.73 |
Correlation (3Y) Balances recent behavior with more history. | 0.68 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.78 |
Correlation (All Time) Calculated using the full available price history since Feb 22, 2019 | 0.77 |
The correlation between FIFWX and IOLZX has been stable across timeframes, ranging from 0.68 to 0.78 - a consistent structural relationship.
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Return for Risk
FIFWX vs. IOLZX — Risk / Return Rank
FIFWX
IOLZX
FIFWX vs. IOLZX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Founders Fund Class Z (FIFWX) and ICON Equity Fund (IOLZX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FIFWX | IOLZX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.21 | ||
| Sortino ratioReturn per unit of downside risk | -1.61 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.33 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 0.97 | 2.74 | -1.78 |
| Martin ratioReturn relative to average drawdown | 3.67 | 9.60 | -5.93 |
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Drawdowns
FIFWX vs. IOLZX - Drawdown Comparison
The maximum FIFWX drawdown since its inception was -32.44%, smaller than the maximum IOLZX drawdown of -56.03%. Use the drawdown chart below to compare losses from any high point for FIFWX and IOLZX.
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Drawdown Indicators
| FIFWX | IOLZX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.44% | -56.03% | +23.59% |
Max Drawdown (1Y)Largest decline over 1 year | -12.23% | -14.35% | +2.12% |
Max Drawdown (3Y)Largest decline over 3 years | -23.27% | -24.71% | +1.44% |
Max Drawdown (5Y)Largest decline over 5 years | -32.44% | -27.77% | -4.67% |
Max Drawdown (10Y)Largest decline over 10 years | — | -41.04% | — |
Current DrawdownCurrent decline from peak | -3.34% | -1.89% | -1.45% |
Average DrawdownAverage peak-to-trough decline | -7.84% | -12.56% | +4.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.22% | 4.10% | -0.88% |
Volatility
FIFWX vs. IOLZX - Volatility Comparison
The current volatility for Fidelity Advisor Founders Fund Class Z (FIFWX) is 4.18%, while ICON Equity Fund (IOLZX) has a volatility of 5.99%. This indicates that FIFWX experiences smaller price fluctuations and is considered to be less risky than IOLZX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FIFWX | IOLZX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.18% | 5.99% | -1.81% |
Volatility (6M)Calculated over the trailing 6-month period | 12.91% | 16.34% | -3.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.93% | 20.18% | -4.25% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.30% | 21.55% | -0.25% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.49% | 22.33% | +0.16% |
FIFWX vs. IOLZX - Expense Ratio Comparison
FIFWX has a 0.75% expense ratio, which is lower than IOLZX's 1.04% expense ratio.
Dividends
FIFWX vs. IOLZX - Dividend Comparison
FIFWX's dividend yield for the trailing twelve months is around 2.41%, less than IOLZX's 8.32% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
FIFWX Fidelity Advisor Founders Fund Class Z | 2.41% | 2.39% | 6.29% | 0.22% | 2.62% | 6.36% | 0.00% | 0.09% | 0.00% |
IOLZX ICON Equity Fund | 8.32% | 10.69% | 22.21% | 4.75% | 18.57% | 14.12% | 0.00% | 3.46% | 1.60% |
Frequently Asked Questions
FIFWX and IOLZX have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IOLZX has higher volatility (5.99%) compared to FIFWX (4.18%). In terms of maximum drawdown, FIFWX dropped -32.44% vs IOLZX's -56.03%.
IOLZX currently has the higher Sharpe Ratio (1.95 vs 0.74), 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.
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