FZAFX vs. SWPPX
Compare and contrast key facts about Fidelity Advisor Equity Growth Fund Class Z (FZAFX) and Schwab S&P 500 Index Fund (SWPPX).
FZAFX is managed by Fidelity. It was launched on Aug 13, 2013. SWPPX is a passively managed fund by Charles Schwab that tracks the performance of the S&P 500 Index. It was launched on May 19, 1997.
Performance
FZAFX vs. SWPPX - Performance Comparison
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FZAFX vs. SWPPX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FZAFX Fidelity Advisor Equity Growth Fund Class Z | -9.30% | 14.68% | 18.15% | 35.80% | -24.36% | 23.09% | 43.86% | 35.68% | 0.36% | 35.37% |
SWPPX Schwab S&P 500 Index Fund | -7.07% | 17.87% | 24.96% | 26.26% | -18.14% | 28.67% | 18.38% | 31.46% | -4.47% | 21.81% |
Returns By Period
In the year-to-date period, FZAFX achieves a -9.30% return, which is significantly lower than SWPPX's -7.07% return. Over the past 10 years, FZAFX has outperformed SWPPX with an annualized return of 15.70%, while SWPPX has yielded a comparatively lower 13.71% annualized return.
FZAFX
- 1D
- -0.85%
- 1M
- -9.03%
- YTD
- -9.30%
- 6M
- -8.57%
- 1Y
- 13.42%
- 3Y*
- 14.83%
- 5Y*
- 8.58%
- 10Y*
- 15.70%
SWPPX
- 1D
- -0.37%
- 1M
- -7.65%
- YTD
- -7.07%
- 6M
- -4.58%
- 1Y
- 14.43%
- 3Y*
- 17.15%
- 5Y*
- 11.39%
- 10Y*
- 13.71%
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FZAFX vs. SWPPX - Expense Ratio Comparison
FZAFX has a 0.60% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Return for Risk
FZAFX vs. SWPPX — Risk / Return Rank
FZAFX
SWPPX
FZAFX vs. SWPPX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Equity Growth Fund Class Z (FZAFX) and Schwab S&P 500 Index Fund (SWPPX). 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.
| FZAFX | SWPPX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.62 | 0.84 | -0.21 |
Sortino ratioReturn per unit of downside risk | 1.02 | 1.30 | -0.28 |
Omega ratioGain probability vs. loss probability | 1.14 | 1.20 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 0.83 | 1.06 | -0.23 |
Martin ratioReturn relative to average drawdown | 2.95 | 5.14 | -2.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FZAFX | SWPPX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.62 | 0.84 | -0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.42 | 0.68 | -0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.76 | 0.76 | +0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 0.48 | +0.26 |
Correlation
The correlation between FZAFX and SWPPX is 0.91, 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. SWPPX - Dividend Comparison
FZAFX's dividend yield for the trailing twelve months is around 0.57%, less than SWPPX's 1.19% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZAFX Fidelity Advisor Equity Growth Fund Class Z | 0.57% | 0.51% | 0.00% | 0.48% | 1.93% | 11.39% | 10.84% | 9.53% | 6.38% | 11.66% | 5.87% | 0.00% |
SWPPX Schwab S&P 500 Index Fund | 1.19% | 1.11% | 1.23% | 1.43% | 1.67% | 1.27% | 1.81% | 1.95% | 2.67% | 1.79% | 2.55% | 3.17% |
Drawdowns
FZAFX vs. SWPPX - Drawdown Comparison
The maximum FZAFX drawdown since its inception was -31.13%, smaller than the maximum SWPPX drawdown of -55.06%. Use the drawdown chart below to compare losses from any high point for FZAFX and SWPPX.
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Drawdown Indicators
| FZAFX | SWPPX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.13% | -55.06% | +23.93% |
Max Drawdown (1Y)Largest decline over 1 year | -12.75% | -12.10% | -0.65% |
Max Drawdown (5Y)Largest decline over 5 years | -29.73% | -24.51% | -5.22% |
Max Drawdown (10Y)Largest decline over 10 years | -31.13% | -33.80% | +2.67% |
Current DrawdownCurrent decline from peak | -12.55% | -8.89% | -3.66% |
Average DrawdownAverage peak-to-trough decline | -5.84% | -10.00% | +4.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.57% | 2.49% | +1.08% |
Volatility
FZAFX vs. SWPPX - Volatility Comparison
Fidelity Advisor Equity Growth Fund Class Z (FZAFX) has a higher volatility of 6.24% compared to Schwab S&P 500 Index Fund (SWPPX) at 4.29%. This indicates that FZAFX's price experiences larger fluctuations and is considered to be riskier than SWPPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FZAFX | SWPPX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.24% | 4.29% | +1.95% |
Volatility (6M)Calculated over the trailing 6-month period | 12.64% | 9.11% | +3.53% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.45% | 18.14% | +3.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.51% | 16.89% | +3.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.65% | 18.19% | +2.46% |