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 managed by Charles Schwab.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FZAFX or SWPPX.
Key characteristics
| FZAFX | SWPPX | |
|---|---|---|
| YTD Return | 30.73% | 26.17% |
| 1Y Return | 38.37% | 33.93% |
| 3Y Return (Ann) | 4.91% | 10.00% |
| 5Y Return (Ann) | 12.84% | 15.61% |
| 10Y Return (Ann) | 10.38% | 13.31% |
| Sharpe Ratio | 2.43 | 2.80 |
| Sortino Ratio | 3.22 | 3.72 |
| Omega Ratio | 1.44 | 1.52 |
| Calmar Ratio | 2.20 | 4.04 |
| Martin Ratio | 13.60 | 18.23 |
| Ulcer Index | 2.79% | 1.87% |
| Daily Std Dev | 15.64% | 12.23% |
| Max Drawdown | -36.83% | -55.06% |
| Current Drawdown | -1.68% | -0.85% |
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.
Performance
FZAFX vs. SWPPX - Performance Comparison
In the year-to-date period, FZAFX achieves a 30.73% return, which is significantly higher than SWPPX's 26.17% return. Over the past 10 years, FZAFX has underperformed SWPPX with an annualized return of 10.38%, while SWPPX has yielded a comparatively higher 13.31% annualized return. 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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FZAFX vs. SWPPX - Expense Ratio Comparison
FZAFX has a 0.60% expense ratio, which is higher than SWPPX's 0.02% expense ratio.
Risk-Adjusted Performance
FZAFX vs. SWPPX - Risk-Adjusted Performance 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.
Dividends
FZAFX vs. SWPPX - Dividend Comparison
FZAFX has not paid dividends to shareholders, while SWPPX's dividend yield for the trailing twelve months is around 1.13%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZAFX Fidelity Advisor Equity Growth Fund Class Z | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
SWPPX Schwab S&P 500 Index Fund | 1.13% | 1.43% | 1.67% | 1.17% | 1.81% | 1.77% | 2.20% | 1.75% | 1.99% | 2.15% | 1.80% | 1.67% |
Drawdowns
FZAFX vs. SWPPX - Drawdown Comparison
The maximum FZAFX drawdown since its inception was -36.83%, 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. For additional features, visit the drawdowns tool.
Volatility
FZAFX vs. SWPPX - Volatility Comparison
Fidelity Advisor Equity Growth Fund Class Z (FZAFX) has a higher volatility of 4.20% compared to Schwab S&P 500 Index Fund (SWPPX) at 3.80%. 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.