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FZAHX vs. FSPGX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FZAHX vs. FSPGX - Performance Comparison

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

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FZAHX vs. FSPGX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%34.06%
FSPGX
Fidelity Large Cap Growth Index Fund
-9.77%18.54%33.27%42.77%-29.17%27.57%38.46%36.38%-1.79%27.70%

Returns By Period

The year-to-date returns for both stocks are quite close, with FZAHX having a -9.46% return and FSPGX slightly lower at -9.77%.


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%

FSPGX

1D
3.75%
1M
-5.52%
YTD
-9.77%
6M
-9.26%
1Y
17.78%
3Y*
21.16%
5Y*
12.38%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FZAHX vs. FSPGX - Expense Ratio Comparison

FZAHX has a 0.67% expense ratio, which is higher than FSPGX's 0.04% expense ratio.


Return for Risk

FZAHX vs. FSPGX — Risk / Return Rank

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

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

FSPGX
FSPGX Risk / Return Rank: 4141
Overall Rank
FSPGX Sharpe Ratio Rank: 3737
Sharpe Ratio Rank
FSPGX Sortino Ratio Rank: 4444
Sortino Ratio Rank
FSPGX Omega Ratio Rank: 4141
Omega Ratio Rank
FSPGX Calmar Ratio Rank: 4646
Calmar Ratio Rank
FSPGX Martin Ratio Rank: 3737
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.

FZAHX vs. FSPGX - Risk-Adjusted Trends Comparison

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


FZAHXFSPGXDifference

Sharpe ratio

Return per unit of total volatility

1.01

0.84

+0.17

Sortino ratio

Return per unit of downside risk

1.53

1.36

+0.18

Omega ratio

Gain probability vs. loss probability

1.22

1.19

+0.03

Calmar ratio

Return relative to maximum drawdown

1.50

1.17

+0.33

Martin ratio

Return relative to average drawdown

5.41

4.02

+1.39

FZAHX vs. FSPGX - Sharpe Ratio Comparison

The current FZAHX Sharpe Ratio is 1.01, which is comparable to the FSPGX Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of FZAHX and FSPGX, 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


FZAHXFSPGXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.01

0.84

+0.17

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.34

0.58

-0.24

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.83

Sharpe Ratio (All Time)

Calculated using the full available price history

0.78

0.80

-0.02

Correlation

The correlation between FZAHX and FSPGX 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

FZAHX vs. FSPGX - Dividend Comparison

FZAHX's dividend yield for the trailing twelve months is around 3.98%, more than FSPGX's 0.38% yield.


TTM20252024202320222021202020192018201720162015
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%
FSPGX
Fidelity Large Cap Growth Index Fund
0.38%0.34%0.37%0.73%0.86%2.22%1.76%1.04%1.32%0.22%0.00%0.00%

Drawdowns

FZAHX vs. FSPGX - Drawdown Comparison

The maximum FZAHX drawdown since its inception was -44.45%, which is greater than FSPGX's maximum drawdown of -32.66%. Use the drawdown chart below to compare losses from any high point for FZAHX and FSPGX.


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Drawdown Indicators


FZAHXFSPGXDifference

Max Drawdown

Largest peak-to-trough decline

-44.45%

-32.66%

-11.79%

Max Drawdown (1Y)

Largest decline over 1 year

-16.06%

-16.17%

+0.11%

Max Drawdown (5Y)

Largest decline over 5 years

-44.45%

-32.66%

-11.79%

Max Drawdown (10Y)

Largest decline over 10 years

-44.45%

Current Drawdown

Current decline from peak

-12.06%

-13.03%

+0.97%

Average Drawdown

Average peak-to-trough decline

-8.30%

-6.43%

-1.87%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.45%

4.70%

-0.25%

Volatility

FZAHX vs. FSPGX - Volatility Comparison

Fidelity Advisor Growth Opportunities Fund Class Z (FZAHX) has a higher volatility of 8.51% compared to Fidelity Large Cap Growth Index Fund (FSPGX) at 6.71%. This indicates that FZAHX's price experiences larger fluctuations and is considered to be riskier than FSPGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FZAHXFSPGXDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.51%

6.71%

+1.80%

Volatility (6M)

Calculated over the trailing 6-month period

14.81%

12.37%

+2.44%

Volatility (1Y)

Calculated over the trailing 1-year period

24.42%

22.58%

+1.84%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

24.88%

21.52%

+3.36%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.82%

21.66%

+2.16%