RTYS.L vs. FCIGX

Last updated Jun 4, 2026

RTYS.L (Invesco Russell 2000 UCITS ETF) and FCIGX (Fidelity Advisor Small Cap Growth Fund Class I) are both funds - RTYS.L is a Small Cap Blend Equities fund tracking the Russell 2000 TR USD, while FCIGX is a Small Cap Growth Equities fund managed by Fidelity. Over the past 10 years, RTYS.L returned 10.67%/yr vs 14.70%/yr for FCIGX. A 0.54 correlation means they provide meaningful diversification when combined. RTYS.L charges 0.25%/yr vs 1.04%/yr for FCIGX.

Performance

RTYS.L vs. FCIGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Russell 2000 UCITS ETF (RTYS.L) and Fidelity Advisor Small Cap Growth Fund Class I (FCIGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, RTYS.L achieves a 16.53% return, which is significantly lower than FCIGX's 18.54% return. Over the past 10 years, RTYS.L has underperformed FCIGX with an annualized return of 10.67%, while FCIGX has yielded a comparatively higher 14.70% annualized return.

RTYS.L

• 1D: -1.07%
• 1M: 3.46%
• YTD: 16.53%
• 6M: 16.96%
• 1Y: 39.75%
• 3Y*: 18.26%
• 5Y*: 5.95%
• 10Y*: 10.67%

FCIGX

• 1D: 0.80%
• 1M: 4.19%
• YTD: 18.54%
• 6M: 16.58%
• 1Y: 37.95%
• 3Y*: 20.78%
• 5Y*: 8.33%
• 10Y*: 14.70%

*Multi-year figures are annualized to reflect compound growth (CAGR)

RTYS.L vs. FCIGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RTYS.L Invesco Russell 2000 UCITS ETF	16.53%	12.51%	10.09%	18.90%	-21.01%	13.97%	19.89%	24.61%	-12.53%	14.83%
FCIGX Fidelity Advisor Small Cap Growth Fund Class I	18.54%	11.17%	20.53%	19.01%	-25.35%	10.45%	36.36%	36.31%	-4.57%	28.97%

Correlation

The correlation between RTYS.L and FCIGX is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (10Y) Calculated over the trailing 10-year period	0.58
Correlation (All Time) Calculated using the full available price history since Oct 31, 2011	0.54

The correlation between RTYS.L and FCIGX shifts across timeframes, from 0.54 (all time) to 0.68 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

RTYS.L vs. FCIGX — Risk / Return Rank

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

RTYS.L

RTYS.L Risk / Return Rank: 66
RTYS.L Sharpe Ratio Rank: 63
RTYS.L Sortino Ratio Rank: 66
RTYS.L Omega Ratio Rank: 58
RTYS.L Calmar Ratio Rank: 75
RTYS.L Martin Ratio Rank: 67

FCIGX

FCIGX Risk / Return Rank: 48
FCIGX Sharpe Ratio Rank: 42
FCIGX Sortino Ratio Rank: 38
FCIGX Omega Ratio Rank: 36
FCIGX Calmar Ratio Rank: 63
FCIGX Martin Ratio Rank: 62

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

RTYS.L vs. FCIGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Russell 2000 UCITS ETF (RTYS.L) and Fidelity Advisor Small Cap Growth Fund Class I (FCIGX). 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.

	RTYS.L	FCIGX	Difference
Sharpe ratio: Return per unit of total volatility	2.13	1.89	+0.23
Sortino ratio: Return per unit of downside risk	3.03	2.58	+0.45
Omega ratio: Gain probability vs. loss probability	1.36	1.32	+0.04
Calmar ratio: Return relative to maximum drawdown	3.74	3.05	+0.69
Martin ratio: Return relative to average drawdown	12.22	12.29	-0.08
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RTYS.L vs. FCIGX - Sharpe Ratio Comparison

The current RTYS.L Sharpe Ratio is 2.13, which is comparable to the FCIGX Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of RTYS.L and FCIGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RTYS.L	FCIGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.13	1.89	+0.23
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.27	0.36	-0.09
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.48	0.65	-0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.55	0.51	+0.04

Drawdowns

RTYS.L vs. FCIGX - Drawdown Comparison

The maximum RTYS.L drawdown since its inception was -42.15%, smaller than the maximum FCIGX drawdown of -61.04%. Use the drawdown chart below to compare losses from any high point for RTYS.L and FCIGX.

Drawdown Indicators

	RTYS.L	FCIGX	Difference
Max Drawdown Largest peak-to-trough decline	-42.15%	-61.04%	+18.89%
Max Drawdown (1Y) Largest decline over 1 year	-10.57%	-13.12%	+2.55%
Max Drawdown (3Y) Largest decline over 3 years	-28.71%	-28.69%	-0.02%
Max Drawdown (5Y) Largest decline over 5 years	-31.97%	-39.05%	+7.08%
Max Drawdown (10Y) Largest decline over 10 years	-42.15%	-39.05%	-3.10%
Current Drawdown Current decline from peak	-1.24%	-0.41%	-0.83%
Average Drawdown Average peak-to-trough decline	-9.15%	-11.34%	+2.19%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.24%	3.25%	-0.01%

Volatility

RTYS.L vs. FCIGX - Volatility Comparison

Invesco Russell 2000 UCITS ETF (RTYS.L) and Fidelity Advisor Small Cap Growth Fund Class I (FCIGX) have volatilities of 6.29% and 6.51%, 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.

Volatility by Period

	RTYS.L	FCIGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.29%	6.51%	-0.22%
Volatility (6M) Calculated over the trailing 6-month period	13.46%	16.32%	-2.86%
Volatility (1Y) Calculated over the trailing 1-year period	18.68%	21.19%	-2.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.27%	23.47%	-1.20%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.16%	22.84%	-0.68%

RTYS.L vs. FCIGX - Expense Ratio Comparison

RTYS.L has a 0.25% expense ratio, which is lower than FCIGX's 1.04% expense ratio.

Dividends

RTYS.L vs. FCIGX - Dividend Comparison

RTYS.L has not paid dividends to shareholders, while FCIGX's dividend yield for the trailing twelve months is around 5.37%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FCIGX Fidelity Advisor Small Cap Growth Fund Class I	5.37%	6.37%	1.36%	0.00%	0.00%	19.19%	8.16%	5.29%	14.29%	6.87%	0.76%	4.32%
RTYS.L Invesco Russell 2000 UCITS ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RTYS.L and FCIGX in my portfolio?

RTYS.L and FCIGX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.