FZACX vs. FDESX
Compare and contrast key facts about Fidelity Advisor Diversified Stock Fund Class Z (FZACX) and Fidelity Advisor Diversified Stock Fund Class O (FDESX).
FZACX is managed by Fidelity. It was launched on Aug 13, 2013. FDESX is managed by Fidelity. It was launched on Jul 10, 1970.
Performance
FZACX vs. FDESX - Performance Comparison
Loading graphics...
FZACX vs. FDESX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FZACX Fidelity Advisor Diversified Stock Fund Class Z | -5.68% | 14.06% | 28.02% | 28.33% | -19.88% | 28.19% | 27.41% | 28.17% | -5.57% | 17.70% |
FDESX Fidelity Advisor Diversified Stock Fund Class O | -5.66% | 14.07% | 28.08% | 28.34% | -19.86% | 28.26% | 27.46% | 28.23% | -5.62% | 17.76% |
Returns By Period
The year-to-date returns for both investments are quite close, with FZACX having a -5.68% return and FDESX slightly higher at -5.66%. Both investments have delivered pretty close results over the past 10 years, with FZACX having a 14.41% annualized return and FDESX not far ahead at 14.44%.
FZACX
- 1D
- -0.71%
- 1M
- -8.67%
- YTD
- -5.68%
- 6M
- -3.24%
- 1Y
- 15.77%
- 3Y*
- 18.29%
- 5Y*
- 11.08%
- 10Y*
- 14.41%
FDESX
- 1D
- -0.71%
- 1M
- -8.67%
- YTD
- -5.66%
- 6M
- -3.22%
- 1Y
- 15.78%
- 3Y*
- 18.32%
- 5Y*
- 11.12%
- 10Y*
- 14.44%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FZACX vs. FDESX - Expense Ratio Comparison
FZACX has a 0.48% expense ratio, which is higher than FDESX's 0.45% expense ratio.
Return for Risk
FZACX vs. FDESX — Risk / Return Rank
FZACX
FDESX
FZACX vs. FDESX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Diversified Stock Fund Class Z (FZACX) and Fidelity Advisor Diversified Stock Fund Class O (FDESX). 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.
| FZACX | FDESX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.85 | 0.85 | 0.00 |
Sortino ratioReturn per unit of downside risk | 1.29 | 1.29 | 0.00 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.19 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.09 | 1.09 | 0.00 |
Martin ratioReturn relative to average drawdown | 4.85 | 4.87 | -0.02 |
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 graphics...
Sharpe Ratios by Period
| FZACX | FDESX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.85 | 0.85 | 0.00 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.57 | 0.57 | 0.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.74 | 0.74 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.69 | 0.47 | +0.22 |
Correlation
The correlation between FZACX and FDESX is 1.00, 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
FZACX vs. FDESX - Dividend Comparison
FZACX's dividend yield for the trailing twelve months is around 6.66%, less than FDESX's 6.98% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZACX Fidelity Advisor Diversified Stock Fund Class Z | 6.66% | 6.28% | 13.41% | 3.39% | 8.71% | 16.27% | 5.10% | 3.12% | 13.16% | 7.44% | 1.60% | 8.32% |
FDESX Fidelity Advisor Diversified Stock Fund Class O | 6.98% | 6.58% | 13.97% | 3.55% | 9.06% | 16.87% | 5.28% | 3.23% | 13.54% | 7.61% | 1.67% | 8.53% |
Drawdowns
FZACX vs. FDESX - Drawdown Comparison
The maximum FZACX drawdown since its inception was -30.35%, smaller than the maximum FDESX drawdown of -65.36%. Use the drawdown chart below to compare losses from any high point for FZACX and FDESX.
Loading graphics...
Drawdown Indicators
| FZACX | FDESX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -30.35% | -65.36% | +35.01% |
Max Drawdown (1Y)Largest decline over 1 year | -12.57% | -12.56% | -0.01% |
Max Drawdown (5Y)Largest decline over 5 years | -26.71% | -27.06% | +0.35% |
Max Drawdown (10Y)Largest decline over 10 years | -30.35% | -30.39% | +0.04% |
Current DrawdownCurrent decline from peak | -9.99% | -9.99% | 0.00% |
Average DrawdownAverage peak-to-trough decline | -5.13% | -14.09% | +8.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.83% | 2.82% | +0.01% |
Volatility
FZACX vs. FDESX - Volatility Comparison
Fidelity Advisor Diversified Stock Fund Class Z (FZACX) and Fidelity Advisor Diversified Stock Fund Class O (FDESX) have volatilities of 5.39% and 5.40%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FZACX | FDESX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.39% | 5.40% | -0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 11.13% | 11.12% | +0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.17% | 19.16% | +0.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.51% | 19.63% | -0.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.44% | 19.50% | -0.06% |