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FZAHX vs. FZROX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FZAHX and FZROX is 0.89, 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.


-0.50.00.51.00.9

Performance

FZAHX vs. FZROX - 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 ZERO Total Market Index Fund (FZROX). The values are adjusted to include any dividend payments, if applicable.

90.00%100.00%110.00%120.00%130.00%140.00%150.00%JulyAugustSeptemberOctoberNovemberDecember
141.55%
122.70%
FZAHX
FZROX

Key characteristics

Sharpe Ratio

FZAHX:

2.21

FZROX:

2.10

Sortino Ratio

FZAHX:

2.88

FZROX:

2.79

Omega Ratio

FZAHX:

1.39

FZROX:

1.39

Calmar Ratio

FZAHX:

1.71

FZROX:

3.15

Martin Ratio

FZAHX:

13.00

FZROX:

13.39

Ulcer Index

FZAHX:

3.46%

FZROX:

2.02%

Daily Std Dev

FZAHX:

20.35%

FZROX:

12.88%

Max Drawdown

FZAHX:

-49.18%

FZROX:

-34.96%

Current Drawdown

FZAHX:

-3.17%

FZROX:

-3.08%

Returns By Period

In the year-to-date period, FZAHX achieves a 41.53% return, which is significantly higher than FZROX's 24.97% return.


FZAHX

YTD

41.53%

1M

2.68%

6M

13.79%

1Y

42.66%

5Y*

15.19%

10Y*

11.97%

FZROX

YTD

24.97%

1M

0.05%

6M

9.96%

1Y

25.61%

5Y*

14.18%

10Y*

N/A

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. FZROX - Expense Ratio Comparison

FZAHX has a 0.67% expense ratio, which is higher than FZROX's 0.00% 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 FZROX: current value at 0.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.00%

Risk-Adjusted Performance

FZAHX vs. FZROX - 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 ZERO Total Market Index Fund (FZROX). 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 2.21, compared to the broader market-1.000.001.002.003.004.002.212.10
The chart of Sortino ratio for FZAHX, currently valued at 2.88, compared to the broader market-2.000.002.004.006.008.0010.002.882.79
The chart of Omega ratio for FZAHX, currently valued at 1.39, compared to the broader market0.501.001.502.002.503.003.501.391.39
The chart of Calmar ratio for FZAHX, currently valued at 1.71, compared to the broader market0.002.004.006.008.0010.0012.0014.001.713.15
The chart of Martin ratio for FZAHX, currently valued at 13.00, compared to the broader market0.0020.0040.0060.0013.0013.39
FZAHX
FZROX

The current FZAHX Sharpe Ratio is 2.21, which is comparable to the FZROX Sharpe Ratio of 2.10. The chart below compares the historical Sharpe Ratios of FZAHX and FZROX, 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
2.21
2.10
FZAHX
FZROX

Dividends

FZAHX vs. FZROX - Dividend Comparison

FZAHX has not paid dividends to shareholders, while FZROX's dividend yield for the trailing twelve months is around 1.17%.


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%
FZROX
Fidelity ZERO Total Market Index Fund
1.17%1.36%1.57%1.08%1.27%1.45%0.63%0.00%

Drawdowns

FZAHX vs. FZROX - Drawdown Comparison

The maximum FZAHX drawdown since its inception was -49.18%, which is greater than FZROX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FZAHX and FZROX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.17%
-3.08%
FZAHX
FZROX

Volatility

FZAHX vs. FZROX - Volatility Comparison

Fidelity Advisor Growth Opportunities Fund Class Z (FZAHX) has a higher volatility of 5.81% compared to Fidelity ZERO Total Market Index Fund (FZROX) at 4.03%. This indicates that FZAHX's price experiences larger fluctuations and is considered to be riskier than FZROX 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
5.81%
4.03%
FZAHX
FZROX
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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.

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