FZALX vs. IWL
Compare and contrast key facts about Fidelity Advisor Mega Cap Stock Fund Class Z (FZALX) and iShares Russell Top 200 ETF (IWL).
FZALX is managed by Fidelity. It was launched on Aug 13, 2013. IWL is a passively managed fund by iShares that tracks the performance of the Russell Top 200 Index. It was launched on Sep 22, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FZALX or IWL.
Correlation
The correlation between FZALX and IWL is 0.90, 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
FZALX vs. IWL - Performance Comparison
Key characteristics
FZALX:
2.19
IWL:
1.97
FZALX:
2.96
IWL:
2.62
FZALX:
1.41
IWL:
1.36
FZALX:
3.27
IWL:
2.94
FZALX:
13.51
IWL:
12.54
FZALX:
1.99%
IWL:
2.12%
FZALX:
12.27%
IWL:
13.45%
FZALX:
-42.95%
IWL:
-32.71%
FZALX:
-0.26%
IWL:
0.00%
Returns By Period
In the year-to-date period, FZALX achieves a 5.89% return, which is significantly higher than IWL's 4.36% return. Over the past 10 years, FZALX has underperformed IWL with an annualized return of 7.09%, while IWL has yielded a comparatively higher 14.17% annualized return.
FZALX
5.89%
3.18%
11.25%
24.72%
13.55%
7.09%
IWL
4.36%
3.11%
11.83%
24.74%
15.34%
14.17%
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FZALX vs. IWL - Expense Ratio Comparison
FZALX has a 0.51% expense ratio, which is higher than IWL's 0.15% expense ratio.
Risk-Adjusted Performance
FZALX vs. IWL — Risk-Adjusted Performance Rank
FZALX
IWL
FZALX vs. IWL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Mega Cap Stock Fund Class Z (FZALX) and iShares Russell Top 200 ETF (IWL). 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
FZALX vs. IWL - Dividend Comparison
FZALX's dividend yield for the trailing twelve months is around 1.11%, more than IWL's 1.00% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZALX Fidelity Advisor Mega Cap Stock Fund Class Z | 1.11% | 1.18% | 1.16% | 1.46% | 1.86% | 3.09% | 2.16% | 2.36% | 1.80% | 1.63% | 4.32% | 5.63% |
IWL iShares Russell Top 200 ETF | 1.00% | 1.04% | 1.30% | 1.53% | 1.12% | 1.30% | 1.96% | 1.93% | 1.69% | 1.96% | 2.14% | 1.68% |
Drawdowns
FZALX vs. IWL - Drawdown Comparison
The maximum FZALX drawdown since its inception was -42.95%, which is greater than IWL's maximum drawdown of -32.71%. Use the drawdown chart below to compare losses from any high point for FZALX and IWL. For additional features, visit the drawdowns tool.
Volatility
FZALX vs. IWL - Volatility Comparison
Fidelity Advisor Mega Cap Stock Fund Class Z (FZALX) and iShares Russell Top 200 ETF (IWL) have volatilities of 3.61% and 3.45%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.