FNITX vs. FSSKX
FNITX (Fidelity Advisor New Insights Fund Class M) and FSSKX (Fidelity Advisor Stock Selector All Cap Fund Class K) are both Large Cap Growth Equities funds from Fidelity. Over the past 10 years, FNITX returned 16.12%/yr vs 15.45%/yr for FSSKX. With a 0.95 correlation, they move nearly in lockstep. FNITX charges 1.18%/yr vs 0.58%/yr for FSSKX.
Performance
FNITX vs. FSSKX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FNITX achieves a 9.30% return, which is significantly lower than FSSKX's 15.87% return. Both investments have delivered pretty close results over the past 10 years, with FNITX having a 16.12% annualized return and FSSKX not far behind at 15.45%.
FNITX
- 1D
- 0.02%
- 1M
- 3.48%
- YTD
- 9.30%
- 6M
- 12.43%
- 1Y
- 27.44%
- 3Y*
- 27.24%
- 5Y*
- 15.24%
- 10Y*
- 16.12%
FSSKX
- 1D
- 0.34%
- 1M
- 5.90%
- YTD
- 15.87%
- 6M
- 16.43%
- 1Y
- 37.51%
- 3Y*
- 22.95%
- 5Y*
- 13.25%
- 10Y*
- 15.45%
FNITX vs. FSSKX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FNITX Fidelity Advisor New Insights Fund Class M | 9.30% | 22.36% | 34.61% | 35.61% | -26.67% | 24.10% | 23.30% | 28.81% | -4.89% | 27.76% |
FSSKX Fidelity Advisor Stock Selector All Cap Fund Class K | 15.87% | 18.98% | 19.89% | 27.04% | -19.47% | 23.28% | 25.01% | 32.33% | -8.52% | 24.38% |
Correlation
The correlation between FNITX and FSSKX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.92 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.91 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.94 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.94 |
Correlation (All Time) Calculated using the full available price history since May 12, 2008 | 0.95 |
The correlation between FNITX and FSSKX has been stable across timeframes, ranging from 0.91 to 0.95 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FNITX vs. FSSKX — Risk / Return Rank
FNITX
FSSKX
FNITX vs. FSSKX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor New Insights Fund Class M (FNITX) and Fidelity Advisor Stock Selector All Cap Fund Class K (FSSKX). 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.
| FNITX | FSSKX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.99 | ||
| Sortino ratioReturn per unit of downside risk | -1.25 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.54 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 2.68 | 4.20 | -1.51 |
| Martin ratioReturn relative to average drawdown | 11.92 | 20.28 | -8.36 |
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 charts...
Sharpe Ratios by Period
| FNITX | FSSKX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.98 | 2.97 | -0.99 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.81 | 0.75 | +0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.84 | 0.83 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.63 | 0.55 | +0.08 |
Drawdowns
FNITX vs. FSSKX - Drawdown Comparison
The maximum FNITX drawdown since its inception was -49.84%, smaller than the maximum FSSKX drawdown of -53.43%. Use the drawdown chart below to compare losses from any high point for FNITX and FSSKX.
Loading charts...
Drawdown Indicators
| FNITX | FSSKX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.84% | -53.43% | +3.59% |
Max Drawdown (1Y)Largest decline over 1 year | -10.45% | -9.20% | -1.25% |
Max Drawdown (3Y)Largest decline over 3 years | -20.11% | -20.84% | +0.73% |
Max Drawdown (5Y)Largest decline over 5 years | -32.06% | -25.20% | -6.86% |
Max Drawdown (10Y)Largest decline over 10 years | -32.06% | -34.37% | +2.31% |
Current DrawdownCurrent decline from peak | -0.39% | 0.00% | -0.39% |
Average DrawdownAverage peak-to-trough decline | -7.34% | -7.71% | +0.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.35% | 1.90% | +0.45% |
Volatility
FNITX vs. FSSKX - Volatility Comparison
Fidelity Advisor New Insights Fund Class M (FNITX) has a higher volatility of 3.54% compared to Fidelity Advisor Stock Selector All Cap Fund Class K (FSSKX) at 3.37%. This indicates that FNITX's price experiences larger fluctuations and is considered to be riskier than FSSKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FNITX | FSSKX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.54% | 3.37% | +0.17% |
Volatility (6M)Calculated over the trailing 6-month period | 10.81% | 10.00% | +0.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.19% | 13.01% | +1.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.03% | 17.79% | +1.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.29% | 18.59% | +0.70% |
FNITX vs. FSSKX - Expense Ratio Comparison
FNITX has a 1.18% expense ratio, which is higher than FSSKX's 0.58% expense ratio.
Dividends
FNITX vs. FSSKX - Dividend Comparison
FNITX's dividend yield for the trailing twelve months is around 9.36%, more than FSSKX's 4.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNITX Fidelity Advisor New Insights Fund Class M | 9.36% | 11.08% | 6.33% | 6.43% | 18.00% | 13.42% | 8.54% | 6.62% | 14.33% | 7.86% | 4.99% | 4.45% |
FSSKX Fidelity Advisor Stock Selector All Cap Fund Class K | 4.12% | 4.78% | 4.87% | 2.11% | 0.38% | 1.44% | 5.29% | 6.17% | 4.37% | 3.07% | 1.12% | 5.23% |
Frequently Asked Questions
With a correlation of 0.92, FNITX and FSSKX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FNITX has higher volatility (3.54%) compared to FSSKX (3.37%). In terms of maximum drawdown, FNITX dropped -49.84% vs FSSKX's -53.43%.
FSSKX currently has the higher Sharpe Ratio (2.97 vs 1.98), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FNITX and FSSKX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer