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FNIAX vs. FDFIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FNIAX vs. FDFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor New Insights Fund Class A (FNIAX) and Fidelity Flex 500 Index Fund (FDFIX). The values are adjusted to include any dividend payments, if applicable.

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FNIAX vs. FDFIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FNIAX
Fidelity Advisor New Insights Fund Class A
-7.49%21.17%34.94%35.97%-26.57%24.40%23.62%29.17%-4.67%18.93%
FDFIX
Fidelity Flex 500 Index Fund
-7.27%17.59%25.06%26.27%-18.10%28.69%18.46%31.47%-4.45%14.41%

Returns By Period

The year-to-date returns for both investments are quite close, with FNIAX having a -7.49% return and FDFIX slightly higher at -7.27%.


FNIAX

1D
-0.52%
1M
-9.26%
YTD
-7.49%
6M
-4.20%
1Y
20.18%
3Y*
23.16%
5Y*
12.88%
10Y*
14.58%

FDFIX

1D
-0.33%
1M
-7.59%
YTD
-7.27%
6M
-4.96%
1Y
13.90%
3Y*
17.02%
5Y*
11.31%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FNIAX vs. FDFIX - Expense Ratio Comparison

FNIAX has a 0.93% expense ratio, which is higher than FDFIX's 0.00% expense ratio.


Return for Risk

FNIAX vs. FDFIX — Risk / Return Rank

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

FNIAX
FNIAX Risk / Return Rank: 6464
Overall Rank
FNIAX Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
FNIAX Sortino Ratio Rank: 6262
Sortino Ratio Rank
FNIAX Omega Ratio Rank: 6060
Omega Ratio Rank
FNIAX Calmar Ratio Rank: 7171
Calmar Ratio Rank
FNIAX Martin Ratio Rank: 6868
Martin Ratio Rank

FDFIX
FDFIX Risk / Return Rank: 4242
Overall Rank
FDFIX Sharpe Ratio Rank: 3939
Sharpe Ratio Rank
FDFIX Sortino Ratio Rank: 4343
Sortino Ratio Rank
FDFIX Omega Ratio Rank: 4747
Omega Ratio Rank
FDFIX Calmar Ratio Rank: 3636
Calmar Ratio Rank
FDFIX Martin Ratio Rank: 4646
Martin Ratio Rank
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.

FNIAX vs. FDFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor New Insights Fund Class A (FNIAX) and Fidelity Flex 500 Index Fund (FDFIX). 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.


FNIAXFDFIXDifference

Sharpe ratio

Return per unit of total volatility

1.04

0.81

+0.23

Sortino ratio

Return per unit of downside risk

1.56

1.26

+0.31

Omega ratio

Gain probability vs. loss probability

1.23

1.19

+0.04

Calmar ratio

Return relative to maximum drawdown

1.59

0.96

+0.63

Martin ratio

Return relative to average drawdown

6.45

4.59

+1.85

FNIAX vs. FDFIX - Sharpe Ratio Comparison

The current FNIAX Sharpe Ratio is 1.04, which is comparable to the FDFIX Sharpe Ratio of 0.81. The chart below compares the historical Sharpe Ratios of FNIAX and FDFIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FNIAXFDFIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.04

0.81

+0.23

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.68

0.67

+0.01

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.76

Sharpe Ratio (All Time)

Calculated using the full available price history

0.60

0.71

-0.12

Correlation

The correlation between FNIAX and FDFIX 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.


Dividends

FNIAX vs. FDFIX - Dividend Comparison

FNIAX's dividend yield for the trailing twelve months is around 10.10%, more than FDFIX's 1.20% yield.


TTM20252024202320222021202020192018201720162015
FNIAX
Fidelity Advisor New Insights Fund Class A
10.10%8.96%5.85%6.18%17.12%12.66%8.14%6.48%13.78%7.61%4.99%4.40%
FDFIX
Fidelity Flex 500 Index Fund
1.20%1.11%1.26%1.48%1.70%1.27%1.52%1.78%2.16%0.50%0.00%0.00%

Drawdowns

FNIAX vs. FDFIX - Drawdown Comparison

The maximum FNIAX drawdown since its inception was -49.69%, which is greater than FDFIX's maximum drawdown of -33.77%. Use the drawdown chart below to compare losses from any high point for FNIAX and FDFIX.


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Drawdown Indicators


FNIAXFDFIXDifference

Max Drawdown

Largest peak-to-trough decline

-49.69%

-33.77%

-15.92%

Max Drawdown (1Y)

Largest decline over 1 year

-10.85%

-12.13%

+1.28%

Max Drawdown (5Y)

Largest decline over 5 years

-31.98%

-24.51%

-7.47%

Max Drawdown (10Y)

Largest decline over 10 years

-31.98%

Current Drawdown

Current decline from peak

-10.41%

-8.99%

-1.42%

Average Drawdown

Average peak-to-trough decline

-7.28%

-4.64%

-2.64%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.68%

2.60%

+0.08%

Volatility

FNIAX vs. FDFIX - Volatility Comparison

Fidelity Advisor New Insights Fund Class A (FNIAX) has a higher volatility of 5.30% compared to Fidelity Flex 500 Index Fund (FDFIX) at 4.22%. This indicates that FNIAX's price experiences larger fluctuations and is considered to be riskier than FDFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FNIAXFDFIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.30%

4.22%

+1.08%

Volatility (6M)

Calculated over the trailing 6-month period

10.84%

9.16%

+1.68%

Volatility (1Y)

Calculated over the trailing 1-year period

19.55%

18.20%

+1.35%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.01%

16.91%

+2.10%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

19.22%

18.68%

+0.54%