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FZAFX vs. FZAHX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FZAFX vs. FZAHX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Equity Growth Fund Class Z (FZAFX) and Fidelity Advisor Growth Opportunities Fund Class Z (FZAHX). The values are adjusted to include any dividend payments, if applicable.

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FZAFX vs. FZAHX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FZAFX
Fidelity Advisor Equity Growth Fund Class Z
-5.39%14.68%18.15%35.80%-24.36%23.09%43.86%35.68%0.36%35.37%
FZAHX
Fidelity Advisor Growth Opportunities Fund Class Z
-9.46%22.61%39.23%45.70%-38.18%11.74%69.25%40.80%15.25%35.10%

Returns By Period

In the year-to-date period, FZAFX achieves a -5.39% return, which is significantly higher than FZAHX's -9.46% return. Over the past 10 years, FZAFX has underperformed FZAHX with an annualized return of 16.19%, while FZAHX has yielded a comparatively higher 19.64% annualized return.


FZAFX

1D
4.31%
1M
-5.39%
YTD
-5.39%
6M
-4.84%
1Y
17.55%
3Y*
16.46%
5Y*
9.11%
10Y*
16.19%

FZAHX

1D
4.77%
1M
-5.79%
YTD
-9.46%
6M
-8.34%
1Y
23.15%
3Y*
25.28%
5Y*
8.31%
10Y*
19.64%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FZAFX vs. FZAHX - Expense Ratio Comparison

FZAFX has a 0.60% expense ratio, which is lower than FZAHX's 0.67% expense ratio.


Return for Risk

FZAFX vs. FZAHX — Risk / Return Rank

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

FZAFX
FZAFX Risk / Return Rank: 4444
Overall Rank
FZAFX Sharpe Ratio Rank: 3636
Sharpe Ratio Rank
FZAFX Sortino Ratio Rank: 4141
Sortino Ratio Rank
FZAFX Omega Ratio Rank: 3838
Omega Ratio Rank
FZAFX Calmar Ratio Rank: 5757
Calmar Ratio Rank
FZAFX Martin Ratio Rank: 4848
Martin Ratio Rank

FZAHX
FZAHX Risk / Return Rank: 5454
Overall Rank
FZAHX Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
FZAHX Sortino Ratio Rank: 5454
Sortino Ratio Rank
FZAHX Omega Ratio Rank: 5151
Omega Ratio Rank
FZAHX Calmar Ratio Rank: 6161
Calmar Ratio Rank
FZAHX Martin Ratio Rank: 5353
Martin Ratio Rank
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.

FZAFX vs. FZAHX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Equity Growth Fund Class Z (FZAFX) and Fidelity Advisor Growth Opportunities Fund Class Z (FZAHX). 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.


FZAFXFZAHXDifference

Sharpe ratio

Return per unit of total volatility

0.84

1.01

-0.16

Sortino ratio

Return per unit of downside risk

1.32

1.53

-0.21

Omega ratio

Gain probability vs. loss probability

1.19

1.22

-0.03

Calmar ratio

Return relative to maximum drawdown

1.42

1.50

-0.07

Martin ratio

Return relative to average drawdown

5.02

5.41

-0.39

FZAFX vs. FZAHX - Sharpe Ratio Comparison

The current FZAFX Sharpe Ratio is 0.84, which is comparable to the FZAHX Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of FZAFX and FZAHX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FZAFXFZAHXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.84

1.01

-0.16

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.45

0.34

+0.11

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.78

0.83

-0.04

Sharpe Ratio (All Time)

Calculated using the full available price history

0.76

0.78

-0.02

Correlation

The correlation between FZAFX and FZAHX is 0.95, 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

FZAFX vs. FZAHX - Dividend Comparison

FZAFX's dividend yield for the trailing twelve months is around 0.54%, less than FZAHX's 3.98% yield.


TTM20252024202320222021202020192018201720162015
FZAFX
Fidelity Advisor Equity Growth Fund Class Z
0.54%0.51%0.00%0.48%1.93%11.39%10.84%9.53%6.38%11.66%5.87%0.00%
FZAHX
Fidelity Advisor Growth Opportunities Fund Class Z
3.98%3.61%0.00%0.00%0.00%9.45%5.15%3.74%11.00%7.50%14.42%10.52%

Drawdowns

FZAFX vs. FZAHX - Drawdown Comparison

The maximum FZAFX drawdown since its inception was -31.13%, smaller than the maximum FZAHX drawdown of -44.45%. Use the drawdown chart below to compare losses from any high point for FZAFX and FZAHX.


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Drawdown Indicators


FZAFXFZAHXDifference

Max Drawdown

Largest peak-to-trough decline

-31.13%

-44.45%

+13.32%

Max Drawdown (1Y)

Largest decline over 1 year

-12.75%

-16.06%

+3.31%

Max Drawdown (5Y)

Largest decline over 5 years

-29.73%

-44.45%

+14.72%

Max Drawdown (10Y)

Largest decline over 10 years

-31.13%

-44.45%

+13.32%

Current Drawdown

Current decline from peak

-8.78%

-12.06%

+3.28%

Average Drawdown

Average peak-to-trough decline

-5.84%

-8.30%

+2.46%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.62%

4.45%

-0.83%

Volatility

FZAFX vs. FZAHX - Volatility Comparison

The current volatility for Fidelity Advisor Equity Growth Fund Class Z (FZAFX) is 7.78%, while Fidelity Advisor Growth Opportunities Fund Class Z (FZAHX) has a volatility of 8.51%. This indicates that FZAFX experiences smaller price fluctuations and is considered to be less risky than FZAHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FZAFXFZAHXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.78%

8.51%

-0.73%

Volatility (6M)

Calculated over the trailing 6-month period

13.34%

14.81%

-1.47%

Volatility (1Y)

Calculated over the trailing 1-year period

21.83%

24.42%

-2.59%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.59%

24.88%

-4.29%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.70%

23.82%

-3.12%