FSOAX vs. FZROX
Compare and contrast key facts about Fidelity Advisor Value Strategies Fund Class A (FSOAX) and Fidelity ZERO Total Market Index Fund (FZROX).
FSOAX is managed by Fidelity. It was launched on Sep 3, 1996. FZROX is managed by Fidelity.
Performance
FSOAX vs. FZROX - Performance Comparison
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FSOAX vs. FZROX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FSOAX Fidelity Advisor Value Strategies Fund Class A | 3.38% | -2.17% | -3.64% | 20.24% | -7.61% | 32.95% | 7.95% | 34.16% | -17.41% |
FZROX Fidelity ZERO Total Market Index Fund | -6.77% | 17.23% | 23.94% | 26.20% | -19.21% | 26.00% | 20.51% | 31.15% | -12.72% |
Returns By Period
In the year-to-date period, FSOAX achieves a 3.38% return, which is significantly higher than FZROX's -6.77% return.
FSOAX
- 1D
- -0.87%
- 1M
- -8.93%
- YTD
- 3.38%
- 6M
- -2.14%
- 1Y
- 9.87%
- 3Y*
- 5.02%
- 5Y*
- 4.27%
- 10Y*
- 8.30%
FZROX
- 1D
- -0.45%
- 1M
- -7.71%
- YTD
- -6.77%
- 6M
- -4.49%
- 1Y
- 14.82%
- 3Y*
- 16.81%
- 5Y*
- 10.36%
- 10Y*
- —
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FSOAX vs. FZROX - Expense Ratio Comparison
FSOAX has a 1.13% expense ratio, which is higher than FZROX's 0.00% expense ratio.
Return for Risk
FSOAX vs. FZROX — Risk / Return Rank
FSOAX
FZROX
FSOAX vs. FZROX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Value Strategies Fund Class A (FSOAX) and Fidelity ZERO Total Market Index Fund (FZROX). 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.
| FSOAX | FZROX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.41 | 0.84 | -0.43 |
Sortino ratioReturn per unit of downside risk | 0.71 | 1.30 | -0.59 |
Omega ratioGain probability vs. loss probability | 1.10 | 1.20 | -0.09 |
Calmar ratioReturn relative to maximum drawdown | 0.50 | 1.05 | -0.55 |
Martin ratioReturn relative to average drawdown | 1.81 | 5.11 | -3.30 |
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
| FSOAX | FZROX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.41 | 0.84 | -0.43 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.20 | 0.60 | -0.40 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.37 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.38 | 0.61 | -0.23 |
Correlation
The correlation between FSOAX and FZROX is 0.83, 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
FSOAX vs. FZROX - Dividend Comparison
FSOAX has not paid dividends to shareholders, while FZROX's dividend yield for the trailing twelve months is around 1.10%.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSOAX Fidelity Advisor Value Strategies Fund Class A | 0.00% | 0.00% | 0.00% | 2.90% | 2.43% | 8.70% | 0.82% | 5.59% | 17.03% | 7.64% | 22.64% | 1.10% |
FZROX Fidelity ZERO Total Market Index Fund | 1.10% | 1.02% | 1.16% | 1.36% | 1.57% | 1.25% | 1.27% | 1.51% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FSOAX vs. FZROX - Drawdown Comparison
The maximum FSOAX drawdown since its inception was -70.02%, which is greater than FZROX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FSOAX and FZROX.
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Drawdown Indicators
| FSOAX | FZROX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.02% | -34.96% | -35.06% |
Max Drawdown (1Y)Largest decline over 1 year | -15.26% | -12.44% | -2.82% |
Max Drawdown (5Y)Largest decline over 5 years | -35.33% | -25.12% | -10.21% |
Max Drawdown (10Y)Largest decline over 10 years | -47.99% | — | — |
Current DrawdownCurrent decline from peak | -17.87% | -8.89% | -8.98% |
Average DrawdownAverage peak-to-trough decline | -10.00% | -5.61% | -4.39% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.24% | 2.56% | +1.68% |
Volatility
FSOAX vs. FZROX - Volatility Comparison
Fidelity Advisor Value Strategies Fund Class A (FSOAX) has a higher volatility of 5.24% compared to Fidelity ZERO Total Market Index Fund (FZROX) at 4.41%. This indicates that FSOAX's price experiences larger fluctuations and is considered to be riskier than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSOAX | FZROX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.24% | 4.41% | +0.83% |
Volatility (6M)Calculated over the trailing 6-month period | 16.23% | 9.34% | +6.89% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.58% | 18.49% | +6.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.20% | 17.40% | +3.80% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.24% | 20.25% | +1.99% |