SMMIX vs. FAGAX
Compare and contrast key facts about Invesco Summit Fund (SMMIX) and Fidelity Advisor Growth Opportunities Fund Class A (FAGAX).
SMMIX is managed by Invesco. It was launched on Nov 1, 1982. FAGAX is managed by Fidelity. It was launched on Sep 3, 1996.
Performance
SMMIX vs. FAGAX - Performance Comparison
Loading graphics...
SMMIX vs. FAGAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SMMIX Invesco Summit Fund | -13.57% | 11.08% | 34.36% | 36.82% | -33.12% | 10.71% | 42.22% | 38.69% | -3.04% | 29.88% |
FAGAX Fidelity Advisor Growth Opportunities Fund Class A | -13.66% | 22.17% | 38.71% | 45.14% | -38.40% | 11.31% | 68.60% | 40.26% | 14.87% | 34.66% |
Returns By Period
The year-to-date returns for both stocks are quite close, with SMMIX having a -13.57% return and FAGAX slightly lower at -13.66%. Over the past 10 years, SMMIX has underperformed FAGAX with an annualized return of 13.24%, while FAGAX has yielded a comparatively higher 18.64% annualized return.
SMMIX
- 1D
- -1.55%
- 1M
- -9.44%
- YTD
- -13.57%
- 6M
- -16.01%
- 1Y
- 12.23%
- 3Y*
- 16.44%
- 5Y*
- 4.95%
- 10Y*
- 13.24%
FAGAX
- 1D
- -1.17%
- 1M
- -9.95%
- YTD
- -13.66%
- 6M
- -12.33%
- 1Y
- 18.39%
- 3Y*
- 22.90%
- 5Y*
- 7.34%
- 10Y*
- 18.64%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SMMIX vs. FAGAX - Expense Ratio Comparison
SMMIX has a 0.84% expense ratio, which is lower than FAGAX's 1.04% expense ratio.
Return for Risk
SMMIX vs. FAGAX — Risk / Return Rank
SMMIX
FAGAX
SMMIX vs. FAGAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Summit Fund (SMMIX) and Fidelity Advisor Growth Opportunities Fund Class A (FAGAX). 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.
| SMMIX | FAGAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.46 | 0.75 | -0.29 |
Sortino ratioReturn per unit of downside risk | 0.82 | 1.19 | -0.37 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.17 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 0.36 | 0.93 | -0.56 |
Martin ratioReturn relative to average drawdown | 1.12 | 3.40 | -2.28 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| SMMIX | FAGAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.46 | 0.75 | -0.29 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.21 | 0.30 | -0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | 0.79 | -0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.45 | +0.02 |
Correlation
The correlation between SMMIX and FAGAX is 0.89, 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
SMMIX vs. FAGAX - Dividend Comparison
SMMIX's dividend yield for the trailing twelve months is around 17.10%, more than FAGAX's 4.76% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SMMIX Invesco Summit Fund | 17.10% | 14.78% | 2.01% | 0.00% | 10.02% | 20.10% | 6.46% | 8.44% | 12.16% | 3.77% | 6.28% | 6.88% |
FAGAX Fidelity Advisor Growth Opportunities Fund Class A | 4.76% | 4.11% | 0.00% | 0.00% | 0.00% | 10.19% | 5.45% | 4.10% | 11.99% | 7.67% | 15.44% | 11.12% |
Drawdowns
SMMIX vs. FAGAX - Drawdown Comparison
The maximum SMMIX drawdown since its inception was -69.64%, which is greater than FAGAX's maximum drawdown of -65.24%. Use the drawdown chart below to compare losses from any high point for SMMIX and FAGAX.
Loading graphics...
Drawdown Indicators
| SMMIX | FAGAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -69.64% | -65.24% | -4.40% |
Max Drawdown (1Y)Largest decline over 1 year | -19.95% | -16.19% | -3.76% |
Max Drawdown (5Y)Largest decline over 5 years | -40.62% | -44.70% | +4.08% |
Max Drawdown (10Y)Largest decline over 10 years | -40.62% | -44.70% | +4.08% |
Current DrawdownCurrent decline from peak | -19.95% | -16.19% | -3.76% |
Average DrawdownAverage peak-to-trough decline | -19.33% | -15.27% | -4.06% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.49% | 4.43% | +2.06% |
Volatility
SMMIX vs. FAGAX - Volatility Comparison
Invesco Summit Fund (SMMIX) has a higher volatility of 7.16% compared to Fidelity Advisor Growth Opportunities Fund Class A (FAGAX) at 6.78%. This indicates that SMMIX's price experiences larger fluctuations and is considered to be riskier than FAGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| SMMIX | FAGAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.16% | 6.78% | +0.38% |
Volatility (6M)Calculated over the trailing 6-month period | 15.76% | 14.04% | +1.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.83% | 24.01% | +1.82% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.93% | 24.80% | -0.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.77% | 23.78% | -1.01% |