FIIMX vs. FZROX
Compare and contrast key facts about Fidelity Advisor Mid Cap II Fund Class I (FIIMX) and Fidelity ZERO Total Market Index Fund (FZROX).
FIIMX is managed by Fidelity. It was launched on Aug 12, 2004. FZROX is managed by Fidelity.
Performance
FIIMX vs. FZROX - Performance Comparison
Loading graphics...
FIIMX vs. FZROX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FIIMX Fidelity Advisor Mid Cap II Fund Class I | 1.29% | 7.71% | 17.21% | 15.01% | -14.80% | 25.26% | 18.68% | 23.72% | -18.59% |
FZROX Fidelity ZERO Total Market Index Fund | -3.98% | 17.23% | 23.94% | 26.20% | -19.21% | 26.00% | 20.51% | 31.15% | -12.72% |
Returns By Period
In the year-to-date period, FIIMX achieves a 1.29% return, which is significantly higher than FZROX's -3.98% return.
FIIMX
- 1D
- -1.47%
- 1M
- -9.83%
- YTD
- 1.29%
- 6M
- 5.45%
- 1Y
- 21.19%
- 3Y*
- 12.50%
- 5Y*
- 7.19%
- 10Y*
- 10.20%
FZROX
- 1D
- 2.99%
- 1M
- -5.06%
- YTD
- -3.98%
- 6M
- -1.97%
- 1Y
- 17.77%
- 3Y*
- 17.96%
- 5Y*
- 10.74%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FIIMX vs. FZROX - Expense Ratio Comparison
FIIMX has a 0.73% expense ratio, which is higher than FZROX's 0.00% expense ratio.
Return for Risk
FIIMX vs. FZROX — Risk / Return Rank
FIIMX
FZROX
FIIMX vs. FZROX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Mid Cap II Fund Class I (FIIMX) and Fidelity ZERO Total Market Index Fund (FZROX). 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.
| FIIMX | FZROX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.00 | 0.98 | +0.02 |
Sortino ratioReturn per unit of downside risk | 1.46 | 1.50 | -0.04 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.23 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.31 | 1.51 | -0.21 |
Martin ratioReturn relative to average drawdown | 5.79 | 7.28 | -1.49 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FIIMX | FZROX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.00 | 0.98 | +0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | 0.62 | -0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.63 | -0.14 |
Correlation
The correlation between FIIMX and FZROX 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.
Dividends
FIIMX vs. FZROX - Dividend Comparison
FIIMX's dividend yield for the trailing twelve months is around 6.78%, more than FZROX's 1.07% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIIMX Fidelity Advisor Mid Cap II Fund Class I | 6.78% | 6.06% | 6.79% | 2.71% | 5.70% | 18.41% | 1.29% | 3.30% | 10.56% | 7.67% | 4.84% | 4.76% |
FZROX Fidelity ZERO Total Market Index Fund | 1.07% | 1.02% | 1.16% | 1.36% | 1.57% | 1.25% | 1.27% | 1.51% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FIIMX vs. FZROX - Drawdown Comparison
The maximum FIIMX drawdown since its inception was -53.22%, which is greater than FZROX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FIIMX and FZROX.
Loading graphics...
Drawdown Indicators
| FIIMX | FZROX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.22% | -34.96% | -18.26% |
Max Drawdown (1Y)Largest decline over 1 year | -14.84% | -12.44% | -2.40% |
Max Drawdown (5Y)Largest decline over 5 years | -28.06% | -25.12% | -2.94% |
Max Drawdown (10Y)Largest decline over 10 years | -42.29% | — | — |
Current DrawdownCurrent decline from peak | -9.83% | -6.16% | -3.67% |
Average DrawdownAverage peak-to-trough decline | -8.12% | -5.61% | -2.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.35% | 2.58% | +0.77% |
Volatility
FIIMX vs. FZROX - Volatility Comparison
Fidelity Advisor Mid Cap II Fund Class I (FIIMX) has a higher volatility of 7.70% compared to Fidelity ZERO Total Market Index Fund (FZROX) at 5.52%. This indicates that FIIMX's price experiences larger fluctuations and is considered to be riskier than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FIIMX | FZROX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.70% | 5.52% | +2.18% |
Volatility (6M)Calculated over the trailing 6-month period | 13.44% | 9.81% | +3.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.05% | 18.68% | +3.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.22% | 17.45% | +2.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.91% | 20.28% | +0.63% |