PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FZAHX vs. FZAFX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FZAHX and FZAFX 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.


-0.50.00.51.01.0

Performance

FZAHX vs. FZAFX - 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 Advisor Equity Growth Fund Class Z (FZAFX). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%15.00%JulyAugustSeptemberOctoberNovemberDecember
15.54%
-1.85%
FZAHX
FZAFX

Key characteristics

Sharpe Ratio

FZAHX:

2.20

FZAFX:

1.15

Sortino Ratio

FZAHX:

2.87

FZAFX:

1.48

Omega Ratio

FZAHX:

1.39

FZAFX:

1.23

Calmar Ratio

FZAHX:

1.70

FZAFX:

1.42

Martin Ratio

FZAHX:

12.92

FZAFX:

7.31

Ulcer Index

FZAHX:

3.47%

FZAFX:

2.94%

Daily Std Dev

FZAHX:

20.33%

FZAFX:

18.65%

Max Drawdown

FZAHX:

-49.18%

FZAFX:

-36.83%

Current Drawdown

FZAHX:

-0.96%

FZAFX:

-10.35%

Returns By Period

In the year-to-date period, FZAHX achieves a 44.77% return, which is significantly higher than FZAFX's 21.43% return. Over the past 10 years, FZAHX has outperformed FZAFX with an annualized return of 12.08%, while FZAFX has yielded a comparatively lower 9.40% annualized return.


FZAHX

YTD

44.77%

1M

4.05%

6M

15.55%

1Y

44.07%

5Y*

16.36%

10Y*

12.08%

FZAFX

YTD

21.43%

1M

-7.99%

6M

-1.85%

1Y

21.07%

5Y*

11.74%

10Y*

9.40%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FZAHX vs. FZAFX - Expense Ratio Comparison

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


FZAHX
Fidelity Advisor Growth Opportunities Fund Class Z
Expense ratio chart for FZAHX: current value at 0.67% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.67%
Expense ratio chart for FZAFX: current value at 0.60% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.60%

Risk-Adjusted Performance

FZAHX vs. FZAFX - Risk-Adjusted Performance Comparison

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


Sharpe ratio
The chart of Sharpe ratio for FZAHX, currently valued at 2.20, compared to the broader market-1.000.001.002.003.004.002.201.15
The chart of Sortino ratio for FZAHX, currently valued at 2.87, compared to the broader market-2.000.002.004.006.008.0010.002.871.48
The chart of Omega ratio for FZAHX, currently valued at 1.39, compared to the broader market0.501.001.502.002.503.003.501.391.23
The chart of Calmar ratio for FZAHX, currently valued at 1.70, compared to the broader market0.002.004.006.008.0010.0012.001.701.42
The chart of Martin ratio for FZAHX, currently valued at 12.92, compared to the broader market0.0010.0020.0030.0040.0050.0060.0012.927.31
FZAHX
FZAFX

The current FZAHX Sharpe Ratio is 2.20, which is higher than the FZAFX Sharpe Ratio of 1.15. The chart below compares the historical Sharpe Ratios of FZAHX and FZAFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
2.20
1.15
FZAHX
FZAFX

Dividends

FZAHX vs. FZAFX - Dividend Comparison

Neither FZAHX nor FZAFX has paid dividends to shareholders.


TTM2023202220212020201920182017
FZAHX
Fidelity Advisor Growth Opportunities Fund Class Z
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.07%
FZAFX
Fidelity Advisor Equity Growth Fund Class Z
0.00%0.00%0.00%0.00%0.00%1.05%0.00%0.00%

Drawdowns

FZAHX vs. FZAFX - Drawdown Comparison

The maximum FZAHX drawdown since its inception was -49.18%, which is greater than FZAFX's maximum drawdown of -36.83%. Use the drawdown chart below to compare losses from any high point for FZAHX and FZAFX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.96%
-10.35%
FZAHX
FZAFX

Volatility

FZAHX vs. FZAFX - Volatility Comparison

The current volatility for Fidelity Advisor Growth Opportunities Fund Class Z (FZAHX) is 5.99%, while Fidelity Advisor Equity Growth Fund Class Z (FZAFX) has a volatility of 10.79%. This indicates that FZAHX experiences smaller price fluctuations and is considered to be less risky than FZAFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.99%
10.79%
FZAHX
FZAFX
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab