SRHQ vs. FACGX

Last updated Jun 3, 2026

SRHQ (SRH U.S. Quality ETF) and FACGX (Fidelity Advisor Growth Opportunities Fund Class C) are both funds - SRHQ is a Mid Cap Blend Equities fund tracking the SRH US Quality Index - Benchmark TR Gross, while FACGX is a Large Cap Growth Equities fund managed by Fidelity. Over the past 3 years, SRHQ returned 17.34%/yr vs 30.76%/yr for FACGX. A 0.64 correlation means they provide meaningful diversification when combined. SRHQ charges 0.35%/yr vs 1.80%/yr for FACGX.

Performance

SRHQ vs. FACGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in SRH U.S. Quality ETF (SRHQ) and Fidelity Advisor Growth Opportunities Fund Class C (FACGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, SRHQ achieves a 12.38% return, which is significantly lower than FACGX's 16.45% return.

SRHQ

• 1D: -1.15%
• 1M: 2.00%
• YTD: 12.38%
• 6M: 14.63%
• 1Y: 24.30%
• 3Y*: 17.34%
• 5Y*: —
• 10Y*: —

FACGX

• 1D: 0.74%
• 1M: 9.13%
• YTD: 16.45%
• 6M: 17.33%
• 1Y: 40.66%
• 3Y*: 30.76%
• 5Y*: 12.34%
• 10Y*: 21.22%

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

SRHQ vs. FACGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
SRHQ SRH U.S. Quality ETF	12.38%	7.34%	16.49%	21.81%	4.20%
FACGX Fidelity Advisor Growth Opportunities Fund Class C	16.45%	21.26%	37.68%	44.06%	-6.97%

Correlation

The correlation between SRHQ and FACGX is 0.52, 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	0.52
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (All Time) Calculated using the full available price history since Oct 6, 2022	0.64

The correlation between SRHQ and FACGX shifts across timeframes, from 0.52 (1 year) to 0.64 (all time), reflecting how their relationship changes across market environments.

Return for Risk

SRHQ vs. FACGX — Risk / Return Rank

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

SRHQ

SRHQ Risk / Return Rank: 56
SRHQ Sharpe Ratio Rank: 47
SRHQ Sortino Ratio Rank: 48
SRHQ Omega Ratio Rank: 44
SRHQ Calmar Ratio Rank: 73
SRHQ Martin Ratio Rank: 68

FACGX

FACGX Risk / Return Rank: 50
FACGX Sharpe Ratio Rank: 61
FACGX Sortino Ratio Rank: 50
FACGX Omega Ratio Rank: 51
FACGX Calmar Ratio Rank: 44
FACGX Martin Ratio Rank: 44

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.

SRHQ vs. FACGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SRH U.S. Quality ETF (SRHQ) and Fidelity Advisor Growth Opportunities Fund Class C (FACGX). 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.

	SRHQ	FACGX	Difference
Sharpe ratio Return per unit of total volatility	1.66	2.31	-0.65
Sortino ratio Return per unit of downside risk	2.39	2.98	-0.59
Omega ratio Gain probability vs. loss probability	1.29	1.40	-0.11
Calmar ratio Return relative to maximum drawdown	3.75	2.56	+1.19
Martin ratio Return relative to average drawdown	12.89	9.48	+3.41
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

SRHQ vs. FACGX - Sharpe Ratio Comparison

The current SRHQ Sharpe Ratio is 1.66, which is comparable to the FACGX Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of SRHQ and FACGX, 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

	SRHQ	FACGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.66	2.31	-0.65
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.50	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.89	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.08	0.46	+0.62

Drawdowns

SRHQ vs. FACGX - Drawdown Comparison

The maximum SRHQ drawdown since its inception was -18.50%, smaller than the maximum FACGX drawdown of -65.53%. Use the drawdown chart below to compare losses from any high point for SRHQ and FACGX.

Drawdown Indicators

	SRHQ	FACGX	Difference
Max Drawdown Largest peak-to-trough decline	-18.50%	-65.53%	+47.03%
Max Drawdown (1Y) Largest decline over 1 year	-6.31%	-16.45%	+10.14%
Max Drawdown (3Y) Largest decline over 3 years	-18.50%	-26.70%	+8.20%
Max Drawdown (5Y) Largest decline over 5 years	—	-45.17%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-45.17%	—
Current Drawdown Current decline from peak	-1.15%	0.00%	-1.15%
Average Drawdown Average peak-to-trough decline	-3.08%	-16.14%	+13.06%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.84%	4.44%	-2.60%

Volatility

SRHQ vs. FACGX - Volatility Comparison

The current volatility for SRH U.S. Quality ETF (SRHQ) is 3.45%, while Fidelity Advisor Growth Opportunities Fund Class C (FACGX) has a volatility of 4.46%. This indicates that SRHQ experiences smaller price fluctuations and is considered to be less risky than FACGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	SRHQ	FACGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.45%	4.46%	-1.01%
Volatility (6M) Calculated over the trailing 6-month period	10.73%	14.26%	-3.53%
Volatility (1Y) Calculated over the trailing 1-year period	14.75%	18.30%	-3.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.03%	24.84%	-8.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.03%	23.90%	-7.87%

SRHQ vs. FACGX - Expense Ratio Comparison

SRHQ has a 0.35% expense ratio, which is lower than FACGX's 1.80% expense ratio.

Dividends

SRHQ vs. FACGX - Dividend Comparison

SRHQ's dividend yield for the trailing twelve months is around 0.70%, less than FACGX's 4.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FACGX Fidelity Advisor Growth Opportunities Fund Class C	4.52%	5.26%	0.00%	0.00%	0.00%	11.75%	6.13%	4.87%	14.01%	8.00%	17.39%	12.23%
SRHQ SRH U.S. Quality ETF	0.70%	0.76%	0.66%	0.84%	0.27%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both SRHQ and FACGX in my portfolio?

SRHQ and FACGX have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, SRHQ or FACGX?

FACGX has higher volatility (4.46%) compared to SRHQ (3.45%). In terms of maximum drawdown, SRHQ dropped -18.50% vs FACGX's -65.53%.

Which has better risk-adjusted returns?

FACGX currently has the higher Sharpe Ratio (2.31 vs 1.66), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.