FZACX vs. FPPFX
Compare and contrast key facts about Fidelity Advisor Diversified Stock Fund Class Z (FZACX) and FPA U.S. Core Equity Fund (FPPFX).
FZACX is managed by Fidelity. It was launched on Aug 13, 2013. FPPFX is managed by FPA. It was launched on Apr 2, 1984.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FZACX or FPPFX.
Key characteristics
| FZACX | FPPFX |
|---|
Correlation
The correlation between FZACX and FPPFX is 0.85, 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.
Performance
FZACX vs. FPPFX - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FZACX vs. FPPFX - Expense Ratio Comparison
FZACX has a 0.48% expense ratio, which is lower than FPPFX's 1.16% expense ratio.
Risk-Adjusted Performance
FZACX vs. FPPFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Diversified Stock Fund Class Z (FZACX) and FPA U.S. Core Equity Fund (FPPFX). 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.
Dividends
FZACX vs. FPPFX - Dividend Comparison
FZACX's dividend yield for the trailing twelve months is around 2.80%, while FPPFX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZACX Fidelity Advisor Diversified Stock Fund Class Z | 2.80% | 3.39% | 8.71% | 16.27% | 5.10% | 3.12% | 13.16% | 8.76% | 1.60% | 1.72% | 11.11% | 2.45% |
FPPFX FPA U.S. Core Equity Fund | 0.00% | 0.00% | 15.72% | 7.86% | 2.72% | 2.01% | 1.24% | 0.45% | 0.88% | 424.63% | 7.53% | 7.14% |
Drawdowns
FZACX vs. FPPFX - Drawdown Comparison
Volatility
FZACX vs. FPPFX - Volatility Comparison
Fidelity Advisor Diversified Stock Fund Class Z (FZACX) has a higher volatility of 4.64% compared to FPA U.S. Core Equity Fund (FPPFX) at 0.00%. This indicates that FZACX's price experiences larger fluctuations and is considered to be riskier than FPPFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.