FZAPX vs. FZROX
Compare and contrast key facts about Fidelity Advisor Stock Selector All Cap Fund Class Z (FZAPX) and Fidelity ZERO Total Market Index Fund (FZROX).
FZAPX is managed by Fidelity. It was launched on Aug 13, 2013. FZROX is managed by Fidelity.
Performance
FZAPX vs. FZROX - Performance Comparison
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FZAPX vs. FZROX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FZAPX Fidelity Advisor Stock Selector All Cap Fund Class Z | -5.84% | 18.98% | 19.88% | 27.05% | -19.49% | 23.25% | 25.03% | 32.34% | -15.13% |
FZROX Fidelity ZERO Total Market Index Fund | -3.98% | 17.23% | 23.94% | 26.20% | -19.21% | 26.00% | 20.51% | 31.15% | -12.72% |
Returns By Period
In the year-to-date period, FZAPX achieves a -5.84% return, which is significantly lower than FZROX's -3.98% return.
FZAPX
- 1D
- -0.70%
- 1M
- -8.03%
- YTD
- -5.84%
- 6M
- -1.99%
- 1Y
- 19.54%
- 3Y*
- 16.38%
- 5Y*
- 9.77%
- 10Y*
- 13.40%
FZROX
- 1D
- 2.99%
- 1M
- -5.06%
- YTD
- -3.98%
- 6M
- -1.97%
- 1Y
- 17.77%
- 3Y*
- 17.96%
- 5Y*
- 10.74%
- 10Y*
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FZAPX vs. FZROX - Expense Ratio Comparison
FZAPX has a 0.58% expense ratio, which is higher than FZROX's 0.00% expense ratio.
Return for Risk
FZAPX vs. FZROX — Risk / Return Rank
FZAPX
FZROX
FZAPX vs. FZROX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Stock Selector All Cap Fund Class Z (FZAPX) 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.
| FZAPX | FZROX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.07 | 0.98 | +0.09 |
Sortino ratioReturn per unit of downside risk | 1.60 | 1.50 | +0.10 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.23 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.42 | 1.51 | -0.10 |
Martin ratioReturn relative to average drawdown | 6.88 | 7.28 | -0.40 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FZAPX | FZROX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.07 | 0.98 | +0.09 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.56 | 0.62 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.73 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.63 | +0.08 |
Correlation
The correlation between FZAPX and FZROX is 0.99, 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
FZAPX vs. FZROX - Dividend Comparison
FZAPX's dividend yield for the trailing twelve months is around 5.19%, more than FZROX's 1.07% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FZAPX Fidelity Advisor Stock Selector All Cap Fund Class Z | 5.19% | 4.88% | 4.91% | 2.12% | 0.39% | 1.47% | 5.33% | 6.18% | 4.59% | 3.07% | 1.13% | 5.24% |
FZROX Fidelity ZERO Total Market Index Fund | 1.07% | 1.02% | 1.16% | 1.36% | 1.57% | 1.25% | 1.27% | 1.51% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FZAPX vs. FZROX - Drawdown Comparison
The maximum FZAPX drawdown since its inception was -34.37%, roughly equal to the maximum FZROX drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FZAPX and FZROX.
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Drawdown Indicators
| FZAPX | FZROX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -34.37% | -34.96% | +0.59% |
Max Drawdown (1Y)Largest decline over 1 year | -12.31% | -12.44% | +0.13% |
Max Drawdown (5Y)Largest decline over 5 years | -25.20% | -25.12% | -0.08% |
Max Drawdown (10Y)Largest decline over 10 years | -34.37% | — | — |
Current DrawdownCurrent decline from peak | -9.20% | -6.16% | -3.04% |
Average DrawdownAverage peak-to-trough decline | -4.61% | -5.61% | +1.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.53% | 2.58% | -0.05% |
Volatility
FZAPX vs. FZROX - Volatility Comparison
The current volatility for Fidelity Advisor Stock Selector All Cap Fund Class Z (FZAPX) is 4.98%, while Fidelity ZERO Total Market Index Fund (FZROX) has a volatility of 5.52%. This indicates that FZAPX experiences smaller price fluctuations and is considered to be less risky than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FZAPX | FZROX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.98% | 5.52% | -0.54% |
Volatility (6M)Calculated over the trailing 6-month period | 9.90% | 9.81% | +0.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.74% | 18.68% | +0.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.68% | 17.45% | +0.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.51% | 20.28% | -1.77% |