FTRIX vs. CHTRX

Last updated Jun 24, 2026

FTRIX (Fidelity Advisor Mega Cap Stock Fund Class I) and CHTRX (Invesco Charter Fund) are both Large Cap Blend Equities funds. Over the past 10 years, FTRIX returned 16.92%/yr vs 11.70%/yr for CHTRX. Their correlation of 0.94 suggests significant overlap in exposure. FTRIX charges 0.65%/yr vs 1.03%/yr for CHTRX.

Performance

FTRIX vs. CHTRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Mega Cap Stock Fund Class I (FTRIX) and Invesco Charter Fund (CHTRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FTRIX achieves a 9.27% return, which is significantly higher than CHTRX's 5.11% return. Over the past 10 years, FTRIX has outperformed CHTRX with an annualized return of 16.92%, while CHTRX has yielded a comparatively lower 11.70% annualized return.

FTRIX

• 1D: -0.75%
• 1M: -0.12%
• YTD: 9.27%
• 6M: 8.75%
• 1Y: 28.06%
• 3Y*: 25.10%
• 5Y*: 16.38%
• 10Y*: 16.92%

CHTRX

• 1D: -0.84%
• 1M: -0.84%
• YTD: 5.11%
• 6M: 4.18%
• 1Y: 18.12%
• 3Y*: 18.06%
• 5Y*: 10.59%
• 10Y*: 11.70%

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

FTRIX vs. CHTRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FTRIX Fidelity Advisor Mega Cap Stock Fund Class I	9.27%	26.92%	26.00%	26.46%	-9.00%	26.26%	12.96%	31.06%	-7.43%	17.82%
CHTRX Invesco Charter Fund	5.11%	16.02%	25.31%	23.03%	-20.75%	27.21%	13.53%	27.95%	-9.82%	13.24%

Correlation

The correlation between FTRIX and CHTRX is 0.95, 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	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.91
Correlation (All Time) Calculated using the full available price history since Feb 7, 2008	0.94

The correlation between FTRIX and CHTRX has been stable across timeframes, ranging from 0.91 to 0.95 - a consistent structural relationship.

Return for Risk

FTRIX vs. CHTRX — Risk / Return Rank

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

FTRIX

FTRIX Risk / Return Rank: 74
FTRIX Sharpe Ratio Rank: 75
FTRIX Sortino Ratio Rank: 71
FTRIX Omega Ratio Rank: 68
FTRIX Calmar Ratio Rank: 75
FTRIX Martin Ratio Rank: 83

CHTRX

CHTRX Risk / Return Rank: 32
CHTRX Sharpe Ratio Rank: 33
CHTRX Sortino Ratio Rank: 31
CHTRX Omega Ratio Rank: 32
CHTRX Calmar Ratio Rank: 27
CHTRX Martin Ratio Rank: 36

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.

FTRIX vs. CHTRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Mega Cap Stock Fund Class I (FTRIX) and Invesco Charter Fund (CHTRX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FTRIX	CHTRX	Difference
Sharpe ratio: Return per unit of total volatility	2.32	1.52	+0.80
Sortino ratio: Return per unit of downside risk	3.19	2.15	+1.04
Omega ratio: Gain probability vs. loss probability	1.42	1.28	+0.14
Calmar ratio: Return relative to maximum drawdown	3.23	1.80	+1.43
Martin ratio: Return relative to average drawdown	14.38	7.57	+6.81

FTRIX vs. CHTRX - Sharpe Ratio Comparison

The current FTRIX Sharpe Ratio is 2.32, which is higher than the CHTRX Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of FTRIX and CHTRX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FTRIX vs. CHTRX - Drawdown Comparison

The maximum FTRIX drawdown since its inception was -52.46%, smaller than the maximum CHTRX drawdown of -56.30%. Use the drawdown chart below to compare losses from any high point for FTRIX and CHTRX.

Drawdown Indicators

	FTRIX	CHTRX	Difference
Max Drawdown Largest peak-to-trough decline	-52.46%	-56.30%	+3.84%
Max Drawdown (1Y) Largest decline over 1 year	-9.01%	-10.77%	+1.76%
Max Drawdown (3Y) Largest decline over 3 years	-18.49%	-18.50%	+0.01%
Max Drawdown (5Y) Largest decline over 5 years	-23.31%	-26.77%	+3.46%
Max Drawdown (10Y) Largest decline over 10 years	-35.22%	-41.18%	+5.96%
Current Drawdown Current decline from peak	-1.41%	-1.67%	+0.26%
Average Drawdown Average peak-to-trough decline	-6.52%	-13.27%	+6.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.02%	2.55%	-0.53%

Volatility

FTRIX vs. CHTRX - Volatility Comparison

The current volatility for Fidelity Advisor Mega Cap Stock Fund Class I (FTRIX) is 4.34%, while Invesco Charter Fund (CHTRX) has a volatility of 4.83%. This indicates that FTRIX experiences smaller price fluctuations and is considered to be less risky than CHTRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTRIX	CHTRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.34%	4.83%	-0.49%
Volatility (6M) Calculated over the trailing 6-month period	9.69%	10.18%	-0.49%
Volatility (1Y) Calculated over the trailing 1-year period	12.57%	12.75%	-0.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.75%	16.87%	-0.12%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.16%	19.23%	-1.07%

FTRIX vs. CHTRX - Expense Ratio Comparison

FTRIX has a 0.65% expense ratio, which is lower than CHTRX's 1.03% expense ratio.

Dividends

FTRIX vs. CHTRX - Dividend Comparison

FTRIX's dividend yield for the trailing twelve months is around 3.58%, less than CHTRX's 6.87% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CHTRX Invesco Charter Fund	6.87%	7.22%	7.91%	6.24%	4.25%	16.30%	2.35%	17.60%	11.71%	6.92%	10.39%	14.54%
FTRIX Fidelity Advisor Mega Cap Stock Fund Class I	3.58%	3.91%	2.68%	2.09%	4.38%	4.75%	8.02%	12.76%	21.72%	16.33%	1.96%	4.15%

Frequently Asked Questions

Can I hold both FTRIX and CHTRX in my portfolio?

With a correlation of 0.95, FTRIX and CHTRX 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.

Which is riskier, FTRIX or CHTRX?

CHTRX has higher volatility (4.83%) compared to FTRIX (4.34%). In terms of maximum drawdown, FTRIX dropped -52.46% vs CHTRX's -56.30%.

Which has better risk-adjusted returns?

FTRIX currently has the higher Sharpe Ratio (2.32 vs 1.52), 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.