FLFAX vs. FSPGX

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Advisor Latin America Fund Class A (FLFAX) and Fidelity Large Cap Growth Index Fund (FSPGX).

FLFAX is managed by Fidelity. It was launched on Sep 28, 2010. FSPGX is managed by Fidelity.

Performance

FLFAX vs. FSPGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Latin America Fund Class A (FLFAX) and Fidelity Large Cap Growth Index Fund (FSPGX). The values are adjusted to include any dividend payments, if applicable.

FLFAX vs. FSPGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLFAX Fidelity Advisor Latin America Fund Class A	0.00%	0.00%	-19.27%	23.58%	1.05%	-15.81%	-20.81%	40.23%	-10.73%	27.29%
FSPGX Fidelity Large Cap Growth Index Fund	-9.77%	18.54%	33.27%	42.77%	-29.17%	27.57%	38.46%	36.38%	-1.79%	27.70%

Returns By Period

FLFAX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FSPGX

• 1D: 3.75%
• 1M: -5.52%
• YTD: -9.77%
• 6M: -9.26%
• 1Y: 17.78%
• 3Y*: 21.16%
• 5Y*: 12.38%
• 10Y*: —

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

FLFAX vs. FSPGX - Expense Ratio Comparison

FLFAX has a 1.33% expense ratio, which is higher than FSPGX's 0.04% expense ratio.

FLFAX

Fidelity Advisor Latin America Fund Class A

FSPGX

Fidelity Large Cap Growth Index Fund

Return for Risk

FLFAX vs. FSPGX — Risk / Return Rank

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

FSPGX

FSPGX Risk / Return Rank: 41
FSPGX Sharpe Ratio Rank: 37
FSPGX Sortino Ratio Rank: 44
FSPGX Omega Ratio Rank: 41
FSPGX Calmar Ratio Rank: 46
FSPGX Martin Ratio Rank: 37

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.

FLFAX vs. FSPGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Latin America Fund Class A (FLFAX) and Fidelity Large Cap Growth Index Fund (FSPGX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	FLFAX	FSPGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.84	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.58	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.80	—

Correlation

The correlation between FLFAX and FSPGX is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

FLFAX vs. FSPGX - Dividend Comparison

FLFAX has not paid dividends to shareholders, while FSPGX's dividend yield for the trailing twelve months is around 0.38%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLFAX Fidelity Advisor Latin America Fund Class A	0.00%	0.00%	2.16%	3.91%	8.88%	2.44%	0.01%	2.03%	1.96%	1.18%	2.23%	1.86%
FSPGX Fidelity Large Cap Growth Index Fund	0.38%	0.34%	0.37%	0.73%	0.86%	2.22%	1.76%	1.04%	1.32%	0.22%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	FLFAX	FSPGX	Difference
Max Drawdown Largest peak-to-trough decline	—	-32.66%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-16.17%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.66%	—
Current Drawdown Current decline from peak	—	-13.03%	—
Average Drawdown Average peak-to-trough decline	—	-6.43%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.70%	—

Volatility

Volatility by Period

	FLFAX	FSPGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.71%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.37%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	22.58%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	21.52%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	21.66%	—