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

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.


-0.50.00.51.01.0

Performance

FZAPX vs. FZROX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Stock Selector All Cap Fund Class Z (FZAPX) and Fidelity ZERO Total Market Index Fund (FZROX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%SeptemberOctoberNovemberDecember2025February
4.53%
9.32%
FZAPX
FZROX

Key characteristics

Sharpe Ratio

FZAPX:

1.04

FZROX:

1.78

Sortino Ratio

FZAPX:

1.39

FZROX:

2.41

Omega Ratio

FZAPX:

1.20

FZROX:

1.33

Calmar Ratio

FZAPX:

1.57

FZROX:

2.70

Martin Ratio

FZAPX:

4.44

FZROX:

10.66

Ulcer Index

FZAPX:

3.24%

FZROX:

2.17%

Daily Std Dev

FZAPX:

13.90%

FZROX:

13.01%

Max Drawdown

FZAPX:

-34.37%

FZROX:

-34.96%

Current Drawdown

FZAPX:

-5.32%

FZROX:

-0.52%

Returns By Period

In the year-to-date period, FZAPX achieves a 3.48% return, which is significantly lower than FZROX's 4.07% return.


FZAPX

YTD

3.48%

1M

0.43%

6M

5.91%

1Y

15.14%

5Y*

11.16%

10Y*

9.16%

FZROX

YTD

4.07%

1M

0.81%

6M

10.79%

1Y

23.92%

5Y*

14.05%

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

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


FZAPX vs. FZROX - Expense Ratio Comparison

FZAPX has a 0.58% expense ratio, which is higher than FZROX's 0.00% expense ratio.


FZAPX
Fidelity Advisor Stock Selector All Cap Fund Class Z
Expense ratio chart for FZAPX: current value at 0.58% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.58%
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

FZAPX vs. FZROX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FZAPX
The Risk-Adjusted Performance Rank of FZAPX is 5959
Overall Rank
The Sharpe Ratio Rank of FZAPX is 5353
Sharpe Ratio Rank
The Sortino Ratio Rank of FZAPX is 5050
Sortino Ratio Rank
The Omega Ratio Rank of FZAPX is 5454
Omega Ratio Rank
The Calmar Ratio Rank of FZAPX is 7878
Calmar Ratio Rank
The Martin Ratio Rank of FZAPX is 6060
Martin Ratio Rank

FZROX
The Risk-Adjusted Performance Rank of FZROX is 8686
Overall Rank
The Sharpe Ratio Rank of FZROX is 8484
Sharpe Ratio Rank
The Sortino Ratio Rank of FZROX is 8383
Sortino Ratio Rank
The Omega Ratio Rank of FZROX is 8383
Omega Ratio Rank
The Calmar Ratio Rank of FZROX is 8989
Calmar Ratio Rank
The Martin Ratio Rank of FZROX is 8989
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.

FZAPX vs. FZROX - Risk-Adjusted Performance 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.


Sharpe ratio
The chart of Sharpe ratio for FZAPX, currently valued at 1.04, compared to the broader market-1.000.001.002.003.004.001.041.78
The chart of Sortino ratio for FZAPX, currently valued at 1.39, compared to the broader market0.002.004.006.008.0010.0012.001.392.41
The chart of Omega ratio for FZAPX, currently valued at 1.20, compared to the broader market1.002.003.004.001.201.33
The chart of Calmar ratio for FZAPX, currently valued at 1.57, compared to the broader market0.005.0010.0015.0020.001.572.70
The chart of Martin ratio for FZAPX, currently valued at 4.44, compared to the broader market0.0020.0040.0060.0080.004.4410.66
FZAPX
FZROX

The current FZAPX Sharpe Ratio is 1.04, which is lower than the FZROX Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of FZAPX 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 Ratio1.001.502.002.503.003.50SeptemberOctoberNovemberDecember2025February
1.04
1.78
FZAPX
FZROX

Dividends

FZAPX vs. FZROX - Dividend Comparison

FZAPX's dividend yield for the trailing twelve months is around 0.88%, less than FZROX's 1.11% yield.


TTM20242023202220212020201920182017201620152014
FZAPX
Fidelity Advisor Stock Selector All Cap Fund Class Z
0.88%0.91%0.79%0.39%0.67%0.91%1.00%0.95%0.78%0.89%0.75%12.71%
FZROX
Fidelity ZERO Total Market Index Fund
1.11%1.16%1.36%1.57%1.08%1.27%1.45%0.63%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. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%SeptemberOctoberNovemberDecember2025February
-5.32%
-0.52%
FZAPX
FZROX

Volatility

FZAPX vs. FZROX - Volatility Comparison

Fidelity Advisor Stock Selector All Cap Fund Class Z (FZAPX) has a higher volatility of 3.76% compared to Fidelity ZERO Total Market Index Fund (FZROX) at 3.04%. This indicates that FZAPX'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%3.00%4.00%5.00%6.00%7.00%SeptemberOctoberNovemberDecember2025February
3.76%
3.04%
FZAPX
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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