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FMFMX vs. FZAAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

FMFMX vs. FZAAX

Last updated May 15, 2025

Compare and contrast key facts about Fidelity Advisor Series Equity Growth Fund (FMFMX) and Fidelity Advisor Balanced Fund Class Z (FZAAX).

FMFMX is managed by Fidelity. It was launched on Jun 6, 2014. FZAAX is managed by Fidelity. It was launched on Aug 13, 2013.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FMFMX or FZAAX.

Correlation

The correlation between FMFMX and FZAAX is 0.94, 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

FMFMX vs. FZAAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Series Equity Growth Fund (FMFMX) and Fidelity Advisor Balanced Fund Class Z (FZAAX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Returns By Period

FMFMX

YTD

0.19%

1M

13.45%

6M

-21.91%

1Y

-10.98%

5Y*

2.66%

10Y*

4.36%

FZAAX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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FMFMX vs. FZAAX - Expense Ratio Comparison

FMFMX has a 0.00% expense ratio, which is lower than FZAAX's 0.45% expense ratio.

FZAAX
Fidelity Advisor Balanced Fund Class Z
FMFMX
Fidelity Advisor Series Equity Growth Fund

Risk-Adjusted Performance

FMFMX vs. FZAAX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FMFMX
The Risk-Adjusted Performance Rank of FMFMX is 66
Overall Rank
The Sharpe Ratio Rank of FMFMX is 55
Sharpe Ratio Rank
The Sortino Ratio Rank of FMFMX is 77
Sortino Ratio Rank
The Omega Ratio Rank of FMFMX is 66
Omega Ratio Rank
The Calmar Ratio Rank of FMFMX is 44
Calmar Ratio Rank
The Martin Ratio Rank of FMFMX is 66
Martin Ratio Rank
FZAAX
The Risk-Adjusted Performance Rank of FZAAX is 9292
Overall Rank
The Sharpe Ratio Rank of FZAAX is 9292
Sharpe Ratio Rank
The Sortino Ratio Rank of FZAAX is 9292
Sortino Ratio Rank
The Omega Ratio Rank of FZAAX is 9292
Omega Ratio Rank
The Calmar Ratio Rank of FZAAX is 9393
Calmar Ratio Rank
The Martin Ratio Rank of FZAAX is 9393
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FMFMX vs. FZAAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Series Equity Growth Fund (FMFMX) and Fidelity Advisor Balanced Fund Class Z (FZAAX). 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.

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Dividends

FMFMX vs. FZAAX - Dividend Comparison

FMFMX's dividend yield for the trailing twelve months is around 0.68%, while FZAAX has not paid dividends to shareholders.

TTM20242023202220212020201920182017201620152014
FMFMX
Fidelity Advisor Series Equity Growth Fund		0.68%0.69%0.72%0.94%1.21%0.78%0.92%1.09%0.66%0.12%0.21%0.06%
FZAAX
Fidelity Advisor Balanced Fund Class Z		3.63%4.03%1.70%1.47%0.83%1.25%1.63%1.78%1.59%1.55%5.74%8.42%

Drawdowns

FMFMX vs. FZAAX - Drawdown Comparison

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Volatility

FMFMX vs. FZAAX - Volatility Comparison

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