FZAFX vs. SPLG
Compare and contrast key facts about Fidelity Advisor Equity Growth Fund Class Z (FZAFX) and SPDR Portfolio S&P 500 ETF (SPLG).
FZAFX is managed by Fidelity. It was launched on Aug 13, 2013. SPLG is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Nov 15, 2005.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FZAFX or SPLG.
Correlation
The correlation between FZAFX and SPLG is 0.87, 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
FZAFX vs. SPLG - Performance Comparison
Key characteristics
FZAFX:
-0.38
SPLG:
0.32
FZAFX:
-0.37
SPLG:
0.57
FZAFX:
0.95
SPLG:
1.08
FZAFX:
-0.32
SPLG:
0.32
FZAFX:
-1.00
SPLG:
1.42
FZAFX:
9.19%
SPLG:
4.19%
FZAFX:
24.16%
SPLG:
18.83%
FZAFX:
-36.83%
SPLG:
-54.52%
FZAFX:
-24.56%
SPLG:
-13.84%
Returns By Period
In the year-to-date period, FZAFX achieves a -13.51% return, which is significantly lower than SPLG's -9.89% return. Over the past 10 years, FZAFX has underperformed SPLG with an annualized return of 6.99%, while SPLG has yielded a comparatively higher 11.56% annualized return.
FZAFX
-13.51%
-8.22%
-21.80%
-5.34%
9.04%
6.99%
SPLG
-9.89%
-6.67%
-9.34%
7.74%
15.13%
11.56%
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FZAFX vs. SPLG - Expense Ratio Comparison
FZAFX has a 0.60% expense ratio, which is higher than SPLG's 0.03% expense ratio.
Risk-Adjusted Performance
FZAFX vs. SPLG — Risk-Adjusted Performance Rank
FZAFX
SPLG
FZAFX vs. SPLG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Equity Growth Fund Class Z (FZAFX) and SPDR Portfolio S&P 500 ETF (SPLG). 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
FZAFX vs. SPLG - Dividend Comparison
FZAFX has not paid dividends to shareholders, while SPLG's dividend yield for the trailing twelve months is around 1.45%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZAFX Fidelity Advisor Equity Growth Fund Class Z | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SPLG SPDR Portfolio S&P 500 ETF | 1.45% | 1.28% | 1.44% | 1.69% | 1.25% | 1.54% | 1.79% | 2.23% | 1.75% | 1.97% | 1.98% | 1.79% |
Drawdowns
FZAFX vs. SPLG - Drawdown Comparison
The maximum FZAFX drawdown since its inception was -36.83%, smaller than the maximum SPLG drawdown of -54.52%. Use the drawdown chart below to compare losses from any high point for FZAFX and SPLG. For additional features, visit the drawdowns tool.
Volatility
FZAFX vs. SPLG - Volatility Comparison
Fidelity Advisor Equity Growth Fund Class Z (FZAFX) has a higher volatility of 14.62% compared to SPDR Portfolio S&P 500 ETF (SPLG) at 13.53%. This indicates that FZAFX's price experiences larger fluctuations and is considered to be riskier than SPLG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.