FSSZX vs. FZROX
Compare and contrast key facts about Fidelity Advisor Stock Selector Small Cap Fund Class Z (FSSZX) and Fidelity ZERO Total Market Index Fund (FZROX).
FSSZX is managed by Fidelity. It was launched on Feb 1, 2017. FZROX is managed by Fidelity.
Performance
FSSZX vs. FZROX - Performance Comparison
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FSSZX vs. FZROX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
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% | -18.39% |
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, FSSZX achieves a 0.42% return, which is significantly higher than FZROX's -6.77% return.
FSSZX
- 1D
- -1.80%
- 1M
- -8.43%
- YTD
- 0.42%
- 6M
- 5.76%
- 1Y
- 26.47%
- 3Y*
- 14.62%
- 5Y*
- 7.43%
- 10Y*
- —
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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FSSZX vs. FZROX - Expense Ratio Comparison
FSSZX has a 0.79% expense ratio, which is higher than FZROX's 0.00% expense ratio.
Return for Risk
FSSZX vs. FZROX — Risk / Return Rank
FSSZX
FZROX
FSSZX vs. FZROX - 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 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.
| FSSZX | FZROX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.18 | 0.84 | +0.35 |
Sortino ratioReturn per unit of downside risk | 1.75 | 1.30 | +0.46 |
Omega ratioGain probability vs. loss probability | 1.23 | 1.20 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.72 | 1.05 | +0.67 |
Martin ratioReturn relative to average drawdown | 7.36 | 5.11 | +2.25 |
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
| FSSZX | FZROX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.18 | 0.84 | +0.35 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | 0.60 | -0.25 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.61 | -0.12 |
Correlation
The correlation between FSSZX and FZROX is 0.88, 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. FZROX - Dividend Comparison
FSSZX's dividend yield for the trailing twelve months is around 0.83%, less than FZROX's 1.10% 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% |
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% |
Drawdowns
FSSZX vs. FZROX - Drawdown Comparison
The maximum FSSZX drawdown since its inception was -38.43%, which is greater than FZROX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FSSZX and FZROX.
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Drawdown Indicators
| FSSZX | FZROX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -38.43% | -34.96% | -3.47% |
Max Drawdown (1Y)Largest decline over 1 year | -13.84% | -12.44% | -1.40% |
Max Drawdown (5Y)Largest decline over 5 years | -30.51% | -25.12% | -5.39% |
Current DrawdownCurrent decline from peak | -9.83% | -8.89% | -0.94% |
Average DrawdownAverage peak-to-trough decline | -8.24% | -5.61% | -2.63% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.24% | 2.56% | +0.68% |
Volatility
FSSZX vs. FZROX - Volatility Comparison
Fidelity Advisor Stock Selector Small Cap Fund Class Z (FSSZX) has a higher volatility of 6.91% compared to Fidelity ZERO Total Market Index Fund (FZROX) at 4.41%. This indicates that FSSZX'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
| FSSZX | FZROX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.91% | 4.41% | +2.50% |
Volatility (6M)Calculated over the trailing 6-month period | 13.00% | 9.34% | +3.66% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.18% | 18.49% | +3.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.55% | 17.40% | +4.15% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.35% | 20.25% | +2.10% |