WMKGX vs. FZAPX

Last updated Jun 24, 2026

WMKGX (WesMark Large Company Fund) and FZAPX (Fidelity Advisor Stock Selector All Cap Fund Class Z) are both Large Cap Growth Equities funds. Over the past 10 years, WMKGX returned 14.35%/yr vs 15.78%/yr for FZAPX. With a 0.96 correlation, they move nearly in lockstep. WMKGX charges 1.12%/yr vs 0.58%/yr for FZAPX.

Performance

WMKGX vs. FZAPX - Performance Comparison

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

Returns By Period

In the year-to-date period, WMKGX achieves a 11.60% return, which is significantly lower than FZAPX's 15.13% return. Over the past 10 years, WMKGX has underperformed FZAPX with an annualized return of 14.35%, while FZAPX has yielded a comparatively higher 15.78% annualized return.

WMKGX

• 1D: -0.73%
• 1M: 1.07%
• YTD: 11.60%
• 6M: 10.45%
• 1Y: 30.97%
• 3Y*: 20.65%
• 5Y*: 10.95%
• 10Y*: 14.35%

FZAPX

• 1D: -0.40%
• 1M: 1.44%
• YTD: 15.13%
• 6M: 14.27%
• 1Y: 34.10%
• 3Y*: 22.34%
• 5Y*: 12.74%
• 10Y*: 15.78%

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

WMKGX vs. FZAPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
WMKGX WesMark Large Company Fund	11.60%	16.60%	21.35%	21.94%	-21.71%	25.97%	26.40%	26.58%	-6.36%	24.23%
FZAPX Fidelity Advisor Stock Selector All Cap Fund Class Z	15.13%	18.98%	19.88%	27.05%	-19.49%	23.25%	25.03%	32.34%	-8.52%	24.38%

Correlation

The correlation between WMKGX and FZAPX is 0.96 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.96
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.96
Correlation (All Time) Calculated using the full available price history since Aug 20, 2013	0.96

The correlation between WMKGX and FZAPX has been stable across timeframes, ranging from 0.96 to 0.96 - a consistent structural relationship.

Return for Risk

WMKGX vs. FZAPX — Risk / Return Rank

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

WMKGX

WMKGX Risk / Return Rank: 64
WMKGX Sharpe Ratio Rank: 69
WMKGX Sortino Ratio Rank: 60
WMKGX Omega Ratio Rank: 62
WMKGX Calmar Ratio Rank: 62
WMKGX Martin Ratio Rank: 66

FZAPX

FZAPX Risk / Return Rank: 84
FZAPX Sharpe Ratio Rank: 86
FZAPX Sortino Ratio Rank: 78
FZAPX Omega Ratio Rank: 79
FZAPX Calmar Ratio Rank: 86
FZAPX Martin Ratio Rank: 93

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.

WMKGX vs. FZAPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WesMark Large Company Fund (WMKGX) and Fidelity Advisor Stock Selector All Cap Fund Class Z (FZAPX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	WMKGX	FZAPX	Difference
Sharpe ratio: Return per unit of total volatility	2.23	2.58	-0.35
Sortino ratio: Return per unit of downside risk	2.97	3.42	-0.44
Omega ratio: Gain probability vs. loss probability	1.40	1.47	-0.07
Calmar ratio: Return relative to maximum drawdown	2.88	3.86	-0.98
Martin ratio: Return relative to average drawdown	12.15	18.18	-6.03

WMKGX vs. FZAPX - Sharpe Ratio Comparison

The current WMKGX Sharpe Ratio is 2.23, which is comparable to the FZAPX Sharpe Ratio of 2.58. The chart below compares the historical Sharpe Ratios of WMKGX and FZAPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

WMKGX vs. FZAPX - Drawdown Comparison

The maximum WMKGX drawdown since its inception was -49.55%, which is greater than FZAPX's maximum drawdown of -34.37%. Use the drawdown chart below to compare losses from any high point for WMKGX and FZAPX.

Drawdown Indicators

	WMKGX	FZAPX	Difference
Max Drawdown Largest peak-to-trough decline	-49.55%	-34.37%	-15.18%
Max Drawdown (1Y) Largest decline over 1 year	-11.06%	-9.20%	-1.86%
Max Drawdown (3Y) Largest decline over 3 years	-21.35%	-20.84%	-0.51%
Max Drawdown (5Y) Largest decline over 5 years	-31.06%	-25.20%	-5.86%
Max Drawdown (10Y) Largest decline over 10 years	-34.60%	-34.37%	-0.23%
Current Drawdown Current decline from peak	-2.15%	-0.64%	-1.51%
Average Drawdown Average peak-to-trough decline	-9.64%	-4.55%	-5.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.62%	1.95%	+0.67%

Volatility

WMKGX vs. FZAPX - Volatility Comparison

WesMark Large Company Fund (WMKGX) and Fidelity Advisor Stock Selector All Cap Fund Class Z (FZAPX) have volatilities of 5.31% and 5.36%, 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

	WMKGX	FZAPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.31%	5.36%	-0.05%
Volatility (6M) Calculated over the trailing 6-month period	11.19%	11.00%	+0.19%
Volatility (1Y) Calculated over the trailing 1-year period	14.33%	13.81%	+0.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.76%	17.88%	+0.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.29%	18.63%	+0.66%

WMKGX vs. FZAPX - Expense Ratio Comparison

WMKGX has a 1.12% expense ratio, which is higher than FZAPX's 0.58% expense ratio.

Dividends

WMKGX vs. FZAPX - Dividend Comparison

WMKGX's dividend yield for the trailing twelve months is around 18.94%, more than FZAPX's 4.24% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FZAPX Fidelity Advisor Stock Selector All Cap Fund Class Z	4.24%	4.88%	4.91%	2.12%	0.39%	1.47%	5.33%	6.18%	4.59%	3.07%	1.13%	5.24%
WMKGX WesMark Large Company Fund	18.94%	21.23%	14.72%	7.64%	12.78%	7.52%	7.53%	6.49%	11.44%	7.92%	4.76%	3.64%

Frequently Asked Questions

Can I hold both WMKGX and FZAPX in my portfolio?

With a correlation of 0.96, WMKGX and FZAPX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, WMKGX or FZAPX?

FZAPX has higher volatility (5.36%) compared to WMKGX (5.31%). In terms of maximum drawdown, WMKGX dropped -49.55% vs FZAPX's -34.37%.

Which has better risk-adjusted returns?

FZAPX currently has the higher Sharpe Ratio (2.58 vs 2.23), 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.