FSSZX vs. FIDGX

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Advisor Stock Selector Small Cap Fund Class Z (FSSZX) and Fidelity Advisor Small Cap Growth Fund Class Z (FIDGX).

FSSZX is managed by Fidelity. It was launched on Feb 1, 2017. FIDGX is managed by Fidelity. It was launched on Feb 1, 2017.

Performance

FSSZX vs. FIDGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Stock Selector Small Cap Fund Class Z (FSSZX) and Fidelity Advisor Small Cap Growth Fund Class Z (FIDGX). The values are adjusted to include any dividend payments, if applicable.

FSSZX vs. FIDGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSSZX Fidelity Advisor Stock Selector Small Cap Fund Class Z	0.42%	14.49%	14.62%	19.60%	-18.17%	24.90%	21.91%	30.62%	-8.79%	9.74%
FIDGX Fidelity Advisor Small Cap Growth Fund Class Z	-5.48%	11.29%	20.67%	19.17%	-25.25%	10.63%	36.52%	36.54%	-4.45%	22.27%

Returns By Period

In the year-to-date period, FSSZX achieves a 0.42% return, which is significantly higher than FIDGX's -5.48% return.

FSSZX

• 1D: -1.80%
• 1M: -8.43%
• YTD: 0.42%
• 6M: 5.76%
• 1Y: 26.47%
• 3Y*: 14.62%
• 5Y*: 7.43%
• 10Y*: —

FIDGX

• 1D: -2.45%
• 1M: -10.06%
• YTD: -5.48%
• 6M: -2.52%
• 1Y: 18.22%
• 3Y*: 12.16%
• 5Y*: 3.60%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FSSZX vs. FIDGX - Expense Ratio Comparison

FSSZX has a 0.79% expense ratio, which is lower than FIDGX's 0.90% expense ratio.

FIDGX

Fidelity Advisor Small Cap Growth Fund Class Z

FSSZX

Fidelity Advisor Stock Selector Small Cap Fund Class Z

Return for Risk

FSSZX vs. FIDGX — Risk / Return Rank

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

FSSZX

FSSZX Risk / Return Rank: 70
FSSZX Sharpe Ratio Rank: 68
FSSZX Sortino Ratio Rank: 71
FSSZX Omega Ratio Rank: 62
FSSZX Calmar Ratio Rank: 74
FSSZX Martin Ratio Rank: 76

FIDGX

FIDGX Risk / Return Rank: 36
FIDGX Sharpe Ratio Rank: 32
FIDGX Sortino Ratio Rank: 34
FIDGX Omega Ratio Rank: 29
FIDGX Calmar Ratio Rank: 43
FIDGX Martin Ratio Rank: 40

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.

FSSZX vs. FIDGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Stock Selector Small Cap Fund Class Z (FSSZX) and Fidelity Advisor Small Cap Growth Fund Class Z (FIDGX). 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.

	FSSZX	FIDGX	Difference
Sharpe ratio Return per unit of total volatility	1.18	0.73	+0.46
Sortino ratio Return per unit of downside risk	1.75	1.15	+0.60
Omega ratio Gain probability vs. loss probability	1.23	1.15	+0.08
Calmar ratio Return relative to maximum drawdown	1.72	1.10	+0.62
Martin ratio Return relative to average drawdown	7.36	4.17	+3.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FSSZX vs. FIDGX - Sharpe Ratio Comparison

The current FSSZX Sharpe Ratio is 1.18, which is higher than the FIDGX Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of FSSZX and FIDGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FSSZX	FIDGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.18	0.73	+0.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.35	0.16	+0.19
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.50	-0.01

Correlation

The correlation between FSSZX and FIDGX 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

FSSZX vs. FIDGX - Dividend Comparison

FSSZX's dividend yield for the trailing twelve months is around 0.83%, less than FIDGX's 6.67% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSSZX Fidelity Advisor Stock Selector Small Cap Fund Class Z	0.83%	0.84%	2.93%	0.35%	0.15%	10.95%	1.40%	2.29%	22.58%	10.60%
FIDGX Fidelity Advisor Small Cap Growth Fund Class Z	6.67%	6.31%	1.49%	0.00%	0.00%	19.26%	8.17%	5.27%	14.38%	6.92%

Drawdowns

FSSZX vs. FIDGX - Drawdown Comparison

The maximum FSSZX drawdown since its inception was -38.43%, roughly equal to the maximum FIDGX drawdown of -38.99%. Use the drawdown chart below to compare losses from any high point for FSSZX and FIDGX.

Drawdown Indicators

	FSSZX	FIDGX	Difference
Max Drawdown Largest peak-to-trough decline	-38.43%	-38.99%	+0.56%
Max Drawdown (1Y) Largest decline over 1 year	-13.84%	-13.78%	-0.06%
Max Drawdown (5Y) Largest decline over 5 years	-30.51%	-38.99%	+8.48%
Current Drawdown Current decline from peak	-9.83%	-13.09%	+3.26%
Average Drawdown Average peak-to-trough decline	-8.24%	-10.96%	+2.72%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.24%	3.64%	-0.40%

Volatility

FSSZX vs. FIDGX - Volatility Comparison

The current volatility for Fidelity Advisor Stock Selector Small Cap Fund Class Z (FSSZX) is 6.91%, while Fidelity Advisor Small Cap Growth Fund Class Z (FIDGX) has a volatility of 8.45%. This indicates that FSSZX experiences smaller price fluctuations and is considered to be less risky than FIDGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSSZX	FIDGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.91%	8.45%	-1.54%
Volatility (6M) Calculated over the trailing 6-month period	13.00%	16.05%	-3.05%
Volatility (1Y) Calculated over the trailing 1-year period	22.18%	24.52%	-2.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.55%	23.33%	-1.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.35%	23.30%	-0.95%