FMFMX vs. SWLGX
Compare and contrast key facts about Fidelity Advisor Series Equity Growth Fund (FMFMX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX).
FMFMX is managed by Fidelity. It was launched on Jun 6, 2014. SWLGX is a passively managed fund by Charles Schwab that tracks the performance of the Russell 1000 Growth Index. It was launched on Dec 20, 2017.
Performance
FMFMX vs. SWLGX - Performance Comparison
Loading graphics...
FMFMX vs. SWLGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FMFMX Fidelity Advisor Series Equity Growth Fund | -5.25% | 14.98% | 30.90% | 37.23% | -23.65% | 18.56% | 45.18% | 35.17% | -0.07% | -0.31% |
SWLGX Schwab U.S. Large-Cap Growth Index Fund | -9.81% | 18.55% | 33.30% | 42.67% | -29.17% | 27.55% | 38.43% | 36.30% | -1.59% | -0.60% |
Returns By Period
In the year-to-date period, FMFMX achieves a -5.25% return, which is significantly higher than SWLGX's -9.81% return.
FMFMX
- 1D
- 4.26%
- 1M
- -5.31%
- YTD
- -5.25%
- 6M
- -4.92%
- 1Y
- 17.91%
- 3Y*
- 20.97%
- 5Y*
- 11.03%
- 10Y*
- 17.40%
SWLGX
- 1D
- 3.74%
- 1M
- -5.56%
- YTD
- -9.81%
- 6M
- -9.30%
- 1Y
- 17.72%
- 3Y*
- 21.15%
- 5Y*
- 12.37%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FMFMX vs. SWLGX - Expense Ratio Comparison
FMFMX has a 0.00% expense ratio, which is lower than SWLGX's 0.04% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Return for Risk
FMFMX vs. SWLGX — Risk / Return Rank
FMFMX
SWLGX
FMFMX vs. SWLGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Series Equity Growth Fund (FMFMX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX). 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.
| FMFMX | SWLGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.86 | 0.83 | +0.03 |
Sortino ratioReturn per unit of downside risk | 1.35 | 1.35 | -0.01 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.19 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.44 | 1.17 | +0.27 |
Martin ratioReturn relative to average drawdown | 5.05 | 4.02 | +1.03 |
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
| FMFMX | SWLGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 0.83 | +0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.58 | -0.13 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.70 | 0.00 |
Correlation
The correlation between FMFMX and SWLGX is 0.97, 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
FMFMX vs. SWLGX - Dividend Comparison
FMFMX's dividend yield for the trailing twelve months is around 15.35%, more than SWLGX's 0.51% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMFMX Fidelity Advisor Series Equity Growth Fund | 15.35% | 14.54% | 28.50% | 5.57% | 5.69% | 16.12% | 27.01% | 13.51% | 9.43% | 18.29% | 0.12% | 0.15% |
SWLGX Schwab U.S. Large-Cap Growth Index Fund | 0.51% | 0.46% | 0.52% | 0.67% | 0.93% | 1.76% | 0.67% | 0.96% | 1.03% | 0.00% | 0.00% | 0.00% |
Drawdowns
FMFMX vs. SWLGX - Drawdown Comparison
The maximum FMFMX drawdown since its inception was -36.89%, which is greater than SWLGX's maximum drawdown of -32.69%. Use the drawdown chart below to compare losses from any high point for FMFMX and SWLGX.
Loading graphics...
Drawdown Indicators
| FMFMX | SWLGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.89% | -32.69% | -4.20% |
Max Drawdown (1Y)Largest decline over 1 year | -12.96% | -16.16% | +3.20% |
Max Drawdown (5Y)Largest decline over 5 years | -36.89% | -32.69% | -4.20% |
Max Drawdown (10Y)Largest decline over 10 years | -36.89% | — | — |
Current DrawdownCurrent decline from peak | -15.20% | -13.03% | -2.17% |
Average DrawdownAverage peak-to-trough decline | -7.37% | -7.13% | -0.24% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.69% | 4.69% | -1.00% |
Volatility
FMFMX vs. SWLGX - Volatility Comparison
Fidelity Advisor Series Equity Growth Fund (FMFMX) has a higher volatility of 7.71% compared to Schwab U.S. Large-Cap Growth Index Fund (SWLGX) at 6.73%. This indicates that FMFMX's price experiences larger fluctuations and is considered to be riskier than SWLGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FMFMX | SWLGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.71% | 6.73% | +0.98% |
Volatility (6M)Calculated over the trailing 6-month period | 13.30% | 12.40% | +0.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.99% | 22.57% | -0.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.83% | 21.52% | +3.31% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.91% | 22.81% | +0.10% |