FMFMX vs. VOO
Compare and contrast key facts about Fidelity Advisor Series Equity Growth Fund (FMFMX) and Vanguard S&P 500 ETF (VOO).
FMFMX is managed by Fidelity. It was launched on Jun 6, 2014. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Performance
FMFMX vs. VOO - Performance Comparison
Loading graphics...
FMFMX vs. VOO - 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% | 36.89% |
VOO Vanguard S&P 500 ETF | -3.66% | 17.82% | 24.98% | 26.32% | -18.17% | 28.79% | 18.32% | 31.37% | -4.50% | 21.77% |
Returns By Period
In the year-to-date period, FMFMX achieves a -5.25% return, which is significantly lower than VOO's -3.66% return. Over the past 10 years, FMFMX has outperformed VOO with an annualized return of 17.40%, while VOO has yielded a comparatively lower 14.14% annualized 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%
VOO
- 1D
- 0.79%
- 1M
- -4.29%
- YTD
- -3.66%
- 6M
- -1.41%
- 1Y
- 18.17%
- 3Y*
- 18.58%
- 5Y*
- 11.93%
- 10Y*
- 14.14%
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. VOO - Expense Ratio Comparison
FMFMX has a 0.00% expense ratio, which is lower than VOO's 0.03% 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. VOO — Risk / Return Rank
FMFMX
VOO
FMFMX vs. VOO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Series Equity Growth Fund (FMFMX) and Vanguard S&P 500 ETF (VOO). 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 | VOO | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.86 | 1.01 | -0.15 |
Sortino ratioReturn per unit of downside risk | 1.35 | 1.53 | -0.19 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.23 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.44 | 1.55 | -0.11 |
Martin ratioReturn relative to average drawdown | 5.05 | 7.31 | -2.26 |
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 | VOO | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.86 | 1.01 | -0.15 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.71 | -0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | 0.79 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.83 | -0.14 |
Correlation
The correlation between FMFMX and VOO is 0.91, 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. VOO - Dividend Comparison
FMFMX's dividend yield for the trailing twelve months is around 15.35%, more than VOO's 1.18% 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% |
VOO Vanguard S&P 500 ETF | 1.18% | 1.13% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% |
Drawdowns
FMFMX vs. VOO - Drawdown Comparison
The maximum FMFMX drawdown since its inception was -36.89%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FMFMX and VOO.
Loading graphics...
Drawdown Indicators
| FMFMX | VOO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.89% | -33.99% | -2.90% |
Max Drawdown (1Y)Largest decline over 1 year | -12.96% | -11.98% | -0.98% |
Max Drawdown (5Y)Largest decline over 5 years | -36.89% | -24.52% | -12.37% |
Max Drawdown (10Y)Largest decline over 10 years | -36.89% | -33.99% | -2.90% |
Current DrawdownCurrent decline from peak | -15.20% | -5.55% | -9.65% |
Average DrawdownAverage peak-to-trough decline | -7.37% | -3.72% | -3.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.69% | 2.55% | +1.14% |
Volatility
FMFMX vs. VOO - Volatility Comparison
Fidelity Advisor Series Equity Growth Fund (FMFMX) has a higher volatility of 7.71% compared to Vanguard S&P 500 ETF (VOO) at 5.34%. This indicates that FMFMX's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FMFMX | VOO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.71% | 5.34% | +2.37% |
Volatility (6M)Calculated over the trailing 6-month period | 13.30% | 9.47% | +3.83% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.99% | 18.11% | +3.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.83% | 16.82% | +8.01% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.91% | 17.99% | +4.92% |