Fidelity Advisor Value Strategies Fund Class M (FASPX) belongs to the Mid Cap Value Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FASPX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FASPX
FASPX charges 1.37% annually. There are 100 mutual funds in the Mid Cap Value Equities category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Mid Cap Value Index Fund | 0.05% | — | Jul 2019 | FASPX vs FIMVX | |
| Vanguard Mid-Cap Value Index Fund Admiral Shares | 0.07% | 36.70B | Sep 2011 | FASPX vs VMVAX | |
| Vanguard S&P Mid-Cap 400 Value Index Fund Institut... | 0.08% | — | Nov 2010 | FASPX vs VMFVX | |
| Victory Integrity Small/Mid-Cap Value Fund | 0.09% | — | Jul 2011 | FASPX vs MYISX | |
| Vanguard Mid-Cap Value Index Fund | 0.19% | — | Aug 2006 | FASPX vs VMVIX |
Best Risk-Adjusted Alternatives to FASPX
FASPX has a PortfoliosLab risk / return rank of 75. There are 14 mutual funds in the Mid Cap Value Equities category with higher risk-adjusted ranks, going as high as 89.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Ceredex Mid-Cap Value Equity Fund | 89 | — | Nov 2001 | FASPX vs SMVTX | |
| Invesco Value Opportunities Fund Class Y | 87 | — | Mar 2005 | FASPX vs VVOIX | |
| Invesco Value Opportunities Fund | 87 | — | Jun 2001 | FASPX vs VVOAX | |
| Invesco V.I. American Value Fund | 87 | — | Jan 1997 | FASPX vs UMCVX | |
| Harbor Mid Cap Value Fund | 86 | — | Mar 2002 | FASPX vs HAMVX |
Top Performing FASPX Alternatives (YTD)
FASPX is at 20.76% YTD. There are 7 mutual funds in the Mid Cap Value Equities category with higher YTD returns, going as high as 24.24%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco V.I. American Value Fund | 24.24% | — | Jan 1997 | FASPX vs UMCVX | |
| Invesco Value Opportunities Fund Class Y | 24.11% | — | Mar 2005 | FASPX vs VVOIX | |
| Invesco Value Opportunities Fund | 23.96% | — | Jun 2001 | FASPX vs VVOAX | |
| Virtus Ceredex Mid-Cap Value Equity Fund | 21.54% | — | Nov 2001 | FASPX vs SMVTX | |
| Fidelity Value Strategies Fund | 21.04% | — | Dec 1983 | FASPX vs FSLSX |
Lowest Volatility Alternatives to FASPX
FASPX has 17.00% 1-year volatility. There are 101 mutual funds in the Mid Cap Value Equities category with lower 1-year volatility, going as low as 11.41%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Mid-Cap Value Index Fund Admiral Shares | 11.41% | 36.70B | Sep 2011 | FASPX vs VMVAX | |
| Vanguard Mid-Cap Value Index Fund | 11.42% | — | Aug 2006 | FASPX vs VMVIX | |
| Nuance Mid Cap Value Fund | 11.52% | — | Dec 2013 | FASPX vs NMAVX | |
| Principal MidCap Value Fund I | 11.74% | — | Dec 2003 | FASPX vs PVMIX | |
| American Century Mid Cap Value Fund A Class | 11.88% | — | Mar 2004 | FASPX vs ACLAX |
Lowest Drawdown Alternatives to FASPX
FASPX has a 1-year max drawdown of -9.84%. There are 77 mutual funds in the Mid Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -6.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM Quant Solutions Mid-Cap Value Fund | -6.31% | — | Aug 1998 | FASPX vs NCBVX | |
| Glenmede Quantitative U.S. Total Market Equity Por... | -6.51% | — | Dec 2006 | FASPX vs GTTMX | |
| Delaware Opportunity Fund | -6.75% | — | Aug 1992 | FASPX vs FIUSX | |
| Harbor Mid Cap Value Fund | -6.84% | — | Mar 2002 | FASPX vs HAMVX | |
| Frank Value Fund | -6.95% | — | Jul 2004 | FASPX vs FRNKX |
Other Mutual Funds from Fidelity
The 10 most viewed Fidelity mutual funds shown here include FXAIX, FSELX, FZROX and span 6 categories. AUM among these funds goes as high as $176B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 73 | 11.71% | — | Feb 1988 | FASPX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 97 | 85.56% | — | Jul 1985 | FASPX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 72 | 12.01% | — | — | FASPX vs FZROX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 32 | 8.60% | — | — | FASPX vs FSPGX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 71 | 12.08% | — | — | FASPX vs FSKAX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 75 | 18.56% | — | Dec 1987 | FASPX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 35 | 7.76% | 176.32B | May 1967 | FASPX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 71 | 11.56% | — | — | FASPX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 27 | 9.51% | — | Nov 1997 | FASPX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 58 | 15.53% | — | Jun 2016 | FASPX vs FTIHX |
Often Compared With FASPX
Investors most often compare FASPX with QQQ, NAMAX, RSVAX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare FASPX with Any Fund or Stock
Compare FASPX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FASPX with funds that move differently
Fidelity Advisor Value Strategies Fund Class M alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FASPX.
Explore FASPX Diversifiers