FZAFX Performance — Fidelity Advisor Equity Growth Fund, Class Z
Data updated: 2026-07-24
FZAFX returned +14.23% year to date and +31.12% over one year to May 2026. Annualised returns are +26.18% over 3 years and +14.61% over 5 years. The fund beat its US Large Growth category average: $100 invested three years ago grew to $201, against $187 for the category, and to $131 over one year, against $125. Volatility over the past three years was 16.15% a year. In the 12 months to May 2026 the fund lost a net $1.4B, and assets reached $13.57B.
FZAFX Growth of $100
What $100 invested in Fidelity Advisor Equity Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Growth category average over the same months.
| Period | FZAFX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $131 | $125 |
| 3 years (Jun 2023 – May 2026) | $201 | $187 |
| 5 years (Jun 2021 – May 2026) | $198 | $176 |
| Since data start (Sep 2019 – May 2026) | $343 | $274 |
FZAFX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +14.23% |
| 1 year | +31.12% |
| 3 years (annualised) | +26.18% |
| 5 years (annualised) | +14.61% |
FZAFX Annual Returns
Calendar-year total returns of Fidelity Advisor Equity Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +14.23% |
| 2025 | +14.66% |
| 2024 | +30.15% |
| 2023 | +35.83% |
| 2022 | −24.39% |
| 2021 | +23.01% |
| 2020 | +43.92% |
| 2019 (Sep–Dec) | +10.56% |
FZAFX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.1% | −1.4% | −5.1% | +13.4% | +6.5% | — | — | — | — | — | — | — |
| 2025 | +2.4% | −3.2% | −7.5% | +0.5% | +8.4% | +6.1% | +3.5% | −0.2% | +4.0% | +3.0% | −1.4% | −0.7% |
| 2024 | +4.0% | +8.6% | +2.4% | −4.4% | +5.7% | +5.4% | −1.7% | +3.0% | +2.1% | −0.7% | +4.5% | −1.6% |
| 2023 | +6.6% | −1.7% | +5.2% | +0.1% | +4.5% | +6.7% | +3.6% | −0.6% | −5.5% | −2.1% | +10.6% | +4.9% |
| 2022 | −8.4% | −2.6% | +4.5% | −10.9% | −1.5% | −6.4% | +9.6% | −4.0% | −9.3% | +4.6% | +5.3% | −6.2% |
| 2021 | +0.9% | +1.5% | +0.5% | +6.1% | −0.4% | +4.2% | +1.8% | +4.5% | −6.1% | +8.2% | −0.7% | +1.1% |
| 2020 | +2.5% | −5.1% | −10.9% | +14.9% | +8.0% | +6.0% | +7.0% | +8.9% | −3.9% | −1.6% | +10.0% | +4.1% |
| 2019 | — | — | — | — | — | — | — | — | −0.7% | +3.2% | +4.1% | +3.7% |
FZAFX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 16.15%
- 3-year Sharpe ratio: 1.34 (vs 4.5% risk-free rate)
- Best month: +13.37% (Apr 2026)
- Worst month: −7.51% (Mar 2025)
FZAFX Fund Flows
Monthly money in and out of Fidelity Advisor Equity Growth Fund, from SEC Form N-PORT.
- 12-month net flow: −$1.4B
- 12-month gross sales (incl. reinvestments): $4.5B
- Sales ÷ redemptions: 0.77×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $129.2M | $231.6M | −$102.4M |
| Apr 2026 | $150.0M | $217.6M | −$67.6M |
| Mar 2026 | $169.1M | $260.4M | −$91.3M |
| Feb 2026 | $172.8M | $277.6M | −$104.8M |
| Jan 2026 | $147.5M | $301.4M | −$153.9M |
| Dec 2025 | $197.8M | $274.3M | −$76.5M |
| Nov 2025 | $106.1M | $356.8M | −$250.7M |
| Oct 2025 | $170.1M | $434.3M | −$264.2M |
| Sep 2025 | $792.2M | $913.2M | −$121.0M |
| Aug 2025 | $2.1B | $2.1B | −$37.9M |
| Jul 2025 | $184.5M | $257.1M | −$72.7M |
| Jun 2025 | $181.6M | $207.0M | −$25.4M |
FZAFX Assets Under Management
Net assets of Fidelity Advisor Equity Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $13.57B |
| 2026-02-28 | $12.11B |
| 2025-11-30 | $12.64B |
| 2025-08-31 | $12.59B |
| 2025-05-31 | $11.63B |
| 2025-02-28 | $11.66B |
| 2024-11-30 | $11.84B |
| 2024-08-31 | $11.05B |
| 2024-05-31 | $10.01B |
| 2024-02-29 | $9.41B |
| 2023-11-30 | $7.70B |
| 2023-08-31 | $7.34B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.