FMSCX vs. FSPGX
Compare and contrast key facts about Fidelity Advisor Mortgage Securities Fund Class I (FMSCX) and Fidelity Large Cap Growth Index Fund (FSPGX).
FMSCX is managed by Fidelity. It was launched on Mar 3, 1997. FSPGX is managed by Fidelity.
Performance
FMSCX vs. FSPGX - Performance Comparison
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FMSCX vs. FSPGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FMSCX Fidelity Advisor Mortgage Securities Fund Class I | -0.13% | 8.25% | 0.29% | 4.54% | -12.63% | -1.17% | 4.27% | 6.17% | 0.74% | 2.30% |
FSPGX Fidelity Large Cap Growth Index Fund | -13.03% | 18.54% | 33.27% | 42.77% | -29.17% | 27.57% | 38.46% | 36.38% | -1.79% | 27.70% |
Returns By Period
In the year-to-date period, FMSCX achieves a -0.13% return, which is significantly higher than FSPGX's -13.03% return.
FMSCX
- 1D
- 0.51%
- 1M
- -2.17%
- YTD
- -0.13%
- 6M
- 1.31%
- 1Y
- 4.83%
- 3Y*
- 3.44%
- 5Y*
- -0.20%
- 10Y*
- 1.11%
FSPGX
- 1D
- -0.45%
- 1M
- -8.63%
- YTD
- -13.03%
- 6M
- -12.06%
- 1Y
- 14.49%
- 3Y*
- 19.68%
- 5Y*
- 11.91%
- 10Y*
- —
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FMSCX vs. FSPGX - Expense Ratio Comparison
FMSCX has a 0.51% expense ratio, which is higher than FSPGX's 0.04% expense ratio.
Return for Risk
FMSCX vs. FSPGX — Risk / Return Rank
FMSCX
FSPGX
FMSCX vs. FSPGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Mortgage Securities Fund Class I (FMSCX) 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.
| FMSCX | FSPGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.14 | 0.66 | +0.48 |
Sortino ratioReturn per unit of downside risk | 1.64 | 1.10 | +0.53 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.15 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.96 | 0.72 | +1.24 |
Martin ratioReturn relative to average drawdown | 5.53 | 2.51 | +3.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FMSCX | FSPGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.14 | 0.66 | +0.48 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.03 | 0.56 | -0.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.22 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.84 | 0.78 | +0.06 |
Correlation
The correlation between FMSCX and FSPGX is 0.06, 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
FMSCX vs. FSPGX - Dividend Comparison
FMSCX's dividend yield for the trailing twelve months is around 3.48%, more than FSPGX's 0.40% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMSCX Fidelity Advisor Mortgage Securities Fund Class I | 3.48% | 3.78% | 3.42% | 3.18% | 1.37% | 0.75% | 2.26% | 2.37% | 2.53% | 2.55% | 2.60% | 2.00% |
FSPGX Fidelity Large Cap Growth Index Fund | 0.40% | 0.34% | 0.37% | 0.73% | 0.86% | 2.22% | 1.76% | 1.04% | 1.32% | 0.22% | 0.00% | 0.00% |
Drawdowns
FMSCX vs. FSPGX - Drawdown Comparison
The maximum FMSCX drawdown since its inception was -18.90%, smaller than the maximum FSPGX drawdown of -32.66%. Use the drawdown chart below to compare losses from any high point for FMSCX and FSPGX.
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Drawdown Indicators
| FMSCX | FSPGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.90% | -32.66% | +13.76% |
Max Drawdown (1Y)Largest decline over 1 year | -3.02% | -16.17% | +13.15% |
Max Drawdown (5Y)Largest decline over 5 years | -18.67% | -32.66% | +13.99% |
Max Drawdown (10Y)Largest decline over 10 years | -18.90% | — | — |
Current DrawdownCurrent decline from peak | -2.35% | -16.17% | +13.82% |
Average DrawdownAverage peak-to-trough decline | -1.98% | -6.43% | +4.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.07% | 4.63% | -3.56% |
Volatility
FMSCX vs. FSPGX - Volatility Comparison
The current volatility for Fidelity Advisor Mortgage Securities Fund Class I (FMSCX) is 1.58%, while Fidelity Large Cap Growth Index Fund (FSPGX) has a volatility of 5.33%. This indicates that FMSCX experiences smaller price fluctuations and is considered to be less risky than FSPGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FMSCX | FSPGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.58% | 5.33% | -3.75% |
Volatility (6M)Calculated over the trailing 6-month period | 2.57% | 11.79% | -9.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.65% | 22.32% | -17.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.76% | 21.46% | -14.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.10% | 21.63% | -16.53% |