USBOX vs. FZALX

Last updated Jun 3, 2026

USBOX (Pear Tree Quality Fund) and FZALX (Fidelity Advisor Mega Cap Stock Fund Class Z) are both Large Cap Blend Equities funds. Over the past 10 years, USBOX returned 13.78%/yr vs 16.75%/yr for FZALX. Their correlation of 0.88 suggests significant overlap in exposure. USBOX charges 1.16%/yr vs 0.51%/yr for FZALX.

Performance

USBOX vs. FZALX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pear Tree Quality Fund (USBOX) and Fidelity Advisor Mega Cap Stock Fund Class Z (FZALX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, USBOX achieves a 5.57% return, which is significantly lower than FZALX's 10.90% return. Over the past 10 years, USBOX has underperformed FZALX with an annualized return of 13.78%, while FZALX has yielded a comparatively higher 16.75% annualized return.

USBOX

• 1D: 0.05%
• 1M: 3.77%
• YTD: 5.57%
• 6M: 6.69%
• 1Y: 19.82%
• 3Y*: 16.77%
• 5Y*: 9.53%
• 10Y*: 13.78%

FZALX

• 1D: 0.41%
• 1M: 3.21%
• YTD: 10.90%
• 6M: 13.34%
• 1Y: 32.73%
• 3Y*: 25.87%
• 5Y*: 16.43%
• 10Y*: 16.75%

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

USBOX vs. FZALX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
USBOX Pear Tree Quality Fund	5.57%	15.77%	17.99%	29.20%	-16.25%	16.50%	18.06%	31.18%	-1.97%	28.49%
FZALX Fidelity Advisor Mega Cap Stock Fund Class Z	10.90%	27.07%	26.13%	26.63%	-8.89%	26.44%	13.06%	31.25%	-7.31%	18.01%

Correlation

The correlation between USBOX and FZALX is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.87
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (10Y) Calculated over the trailing 10-year period	0.87
Correlation (All Time) Calculated using the full available price history since Aug 21, 2013	0.88

The correlation between USBOX and FZALX has been stable across timeframes, ranging from 0.83 to 0.88 - a consistent structural relationship.

Return for Risk

USBOX vs. FZALX — Risk / Return Rank

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

USBOX

USBOX Risk / Return Rank: 26
USBOX Sharpe Ratio Rank: 31
USBOX Sortino Ratio Rank: 30
USBOX Omega Ratio Rank: 29
USBOX Calmar Ratio Rank: 17
USBOX Martin Ratio Rank: 23

FZALX

FZALX Risk / Return Rank: 83
FZALX Sharpe Ratio Rank: 87
FZALX Sortino Ratio Rank: 82
FZALX Omega Ratio Rank: 78
FZALX Calmar Ratio Rank: 81
FZALX Martin Ratio Rank: 87

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.

USBOX vs. FZALX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pear Tree Quality Fund (USBOX) and Fidelity Advisor Mega Cap Stock Fund Class Z (FZALX). 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.

	USBOX	FZALX	Difference
Sharpe ratio Return per unit of total volatility	1.63	2.82	-1.19
Sortino ratio Return per unit of downside risk	2.32	3.85	-1.53
Omega ratio Gain probability vs. loss probability	1.28	1.51	-0.23
Calmar ratio Return relative to maximum drawdown	1.55	3.73	-2.18
Martin ratio Return relative to average drawdown	6.06	16.99	-10.92
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

USBOX vs. FZALX - Sharpe Ratio Comparison

The current USBOX Sharpe Ratio is 1.63, which is lower than the FZALX Sharpe Ratio of 2.82. The chart below compares the historical Sharpe Ratios of USBOX and FZALX, 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

	USBOX	FZALX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.63	2.82	-1.19
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.60	0.99	-0.39
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.81	0.93	-0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.86	-0.39

Drawdowns

USBOX vs. FZALX - Drawdown Comparison

The maximum USBOX drawdown since its inception was -65.67%, which is greater than FZALX's maximum drawdown of -35.23%. Use the drawdown chart below to compare losses from any high point for USBOX and FZALX.

Drawdown Indicators

	USBOX	FZALX	Difference
Max Drawdown Largest peak-to-trough decline	-65.67%	-35.23%	-30.44%
Max Drawdown (1Y) Largest decline over 1 year	-12.76%	-8.99%	-3.77%
Max Drawdown (3Y) Largest decline over 3 years	-15.41%	-18.49%	+3.08%
Max Drawdown (5Y) Largest decline over 5 years	-30.42%	-23.25%	-7.17%
Max Drawdown (10Y) Largest decline over 10 years	-30.42%	-35.23%	+4.81%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-17.11%	-3.78%	-13.33%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.27%	1.98%	+1.29%

Volatility

USBOX vs. FZALX - Volatility Comparison

Pear Tree Quality Fund (USBOX) and Fidelity Advisor Mega Cap Stock Fund Class Z (FZALX) have volatilities of 2.76% and 2.71%, 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

	USBOX	FZALX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.76%	2.71%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	9.69%	9.07%	+0.62%
Volatility (1Y) Calculated over the trailing 1-year period	12.54%	12.00%	+0.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.08%	16.70%	-0.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.15%	18.14%	-0.99%

USBOX vs. FZALX - Expense Ratio Comparison

USBOX has a 1.16% expense ratio, which is higher than FZALX's 0.51% expense ratio.

Dividends

USBOX vs. FZALX - Dividend Comparison

USBOX's dividend yield for the trailing twelve months is around 27.63%, more than FZALX's 3.64% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FZALX Fidelity Advisor Mega Cap Stock Fund Class Z	3.64%	4.04%	2.83%	2.17%	4.51%	4.92%	8.14%	13.19%	21.94%	16.56%	2.12%	4.33%
USBOX Pear Tree Quality Fund	27.63%	29.17%	8.71%	4.37%	14.55%	0.88%	7.47%	19.65%	15.43%	6.92%	6.19%	12.85%

Frequently Asked Questions

Can I hold both USBOX and FZALX in my portfolio?

USBOX and FZALX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, USBOX or FZALX?

USBOX has higher volatility (2.76%) compared to FZALX (2.71%). In terms of maximum drawdown, USBOX dropped -65.67% vs FZALX's -35.23%.

Which has better risk-adjusted returns?

FZALX currently has the higher Sharpe Ratio (2.82 vs 1.63), 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.