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FZALX vs. MGC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

FZALX vs. MGC

Last updated May 12, 2025

Compare and contrast key facts about Fidelity Advisor Mega Cap Stock Fund Class Z (FZALX) and Vanguard Mega Cap ETF (MGC).

FZALX is managed by Fidelity. It was launched on Aug 13, 2013. MGC is a passively managed fund by Vanguard that tracks the performance of the CRSP US Mega Cap Index. It was launched on Dec 17, 2007.

Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FZALX or MGC.

Correlation

The correlation between FZALX and MGC is 1.00, 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. MGC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Mega Cap Stock Fund Class Z (FZALX) and Vanguard Mega Cap ETF (MGC). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Daily Std Dev

FZALX:

6.68%

MGC:

10.32%

Max Drawdown

FZALX:

-0.47%

MGC:

-0.83%

Current Drawdown

FZALX:

0.00%

MGC:

-0.20%

Returns By Period

FZALX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

MGC

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

*Annualized

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FZALX vs. MGC - Expense Ratio Comparison

FZALX has a 0.51% expense ratio, which is higher than MGC's 0.07% expense ratio.

FZALX
Fidelity Advisor Mega Cap Stock Fund Class Z
MGC
Vanguard Mega Cap ETF

Risk-Adjusted Performance

FZALX vs. MGC — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FZALX
The Risk-Adjusted Performance Rank of FZALX is 6262
Overall Rank
The Sharpe Ratio Rank of FZALX is 5757
Sharpe Ratio Rank
The Sortino Ratio Rank of FZALX is 5959
Sortino Ratio Rank
The Omega Ratio Rank of FZALX is 6464
Omega Ratio Rank
The Calmar Ratio Rank of FZALX is 6969
Calmar Ratio Rank
The Martin Ratio Rank of FZALX is 6262
Martin Ratio Rank
MGC
The Risk-Adjusted Performance Rank of MGC is 6464
Overall Rank
The Sharpe Ratio Rank of MGC is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of MGC is 6262
Sortino Ratio Rank
The Omega Ratio Rank of MGC is 6565
Omega Ratio Rank
The Calmar Ratio Rank of MGC is 6868
Calmar Ratio Rank
The Martin Ratio Rank of MGC is 6565
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FZALX vs. MGC - 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 Vanguard Mega Cap ETF (MGC). 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.

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Dividends

FZALX vs. MGC - Dividend Comparison

FZALX's dividend yield for the trailing twelve months is around 1.18%, less than MGC's 1.21% yield.

TTM20242023202220212020201920182017201620152014
FZALX
Fidelity Advisor Mega Cap Stock Fund Class Z		1.18%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
MGC
Vanguard Mega Cap ETF		1.21%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

FZALX vs. MGC - Drawdown Comparison

The maximum FZALX drawdown since its inception was -0.47%, smaller than the maximum MGC drawdown of -0.83%. Use the drawdown chart below to compare losses from any high point for FZALX and MGC. For additional features, visit the drawdowns tool.

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Volatility

FZALX vs. MGC - Volatility Comparison

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