FAVFX Alternatives & Similar Mutual Funds

Fidelity Advisor Value Fund Class A (FAVFX) 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 FAVFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to FAVFX

FAVFX charges 1.15% annually. There are 82 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
FIMVX	Fidelity Mid Cap Value Index Fund	0.05%	—	Jul 2019	FAVFX vs FIMVX
VMVAX	Vanguard Mid-Cap Value Index Fund Admiral Shares	0.07%	36.70B	Sep 2011	FAVFX vs VMVAX
VMFVX	Vanguard S&P Mid-Cap 400 Value Index Fund Institut...	0.08%	—	Nov 2010	FAVFX vs VMFVX
MYISX	Victory Integrity Small/Mid-Cap Value Fund	0.09%	—	Jul 2011	FAVFX vs MYISX
VMVIX	Vanguard Mid-Cap Value Index Fund	0.19%	—	Aug 2006	FAVFX vs VMVIX

Best Risk-Adjusted Alternatives to FAVFX

FAVFX has a PortfoliosLab risk / return rank of 61. There are 31 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
SMVTX	Virtus Ceredex Mid-Cap Value Equity Fund	89	—	Nov 2001	FAVFX vs SMVTX
VVOIX	Invesco Value Opportunities Fund Class Y	87	—	Mar 2005	FAVFX vs VVOIX
VVOAX	Invesco Value Opportunities Fund	87	—	Jun 2001	FAVFX vs VVOAX
HAMVX	Harbor Mid Cap Value Fund	86	—	Mar 2002	FAVFX vs HAMVX
ARFFX	Ariel Focus Fund	83	—	Jun 2005	FAVFX vs ARFFX

Top Performing FAVFX Alternatives (YTD)

FAVFX is at 16.23% YTD. There are 27 mutual funds in the Mid Cap Value Equities category with higher YTD returns, going as high as 24.11%.

Symbol	Name	YTD Return	AUM	Inception
VVOIX	Invesco Value Opportunities Fund Class Y	24.11%	—	Mar 2005	FAVFX vs VVOIX
VVOAX	Invesco Value Opportunities Fund	23.96%	—	Jun 2001	FAVFX vs VVOAX
SMVTX	Virtus Ceredex Mid-Cap Value Equity Fund	21.54%	—	Nov 2001	FAVFX vs SMVTX
FSLSX	Fidelity Value Strategies Fund	21.04%	—	Dec 1983	FAVFX vs FSLSX
FASOX	Fidelity Advisor Value Strategies Fund Class I	21.02%	—	Jul 1995	FAVFX vs FASOX

Lowest Volatility Alternatives to FAVFX

FAVFX has 16.10% 1-year volatility. There are 86 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
VMVAX	Vanguard Mid-Cap Value Index Fund Admiral Shares	11.41%	36.70B	Sep 2011	FAVFX vs VMVAX
VMVIX	Vanguard Mid-Cap Value Index Fund	11.42%	—	Aug 2006	FAVFX vs VMVIX
NMAVX	Nuance Mid Cap Value Fund	11.52%	—	Dec 2013	FAVFX vs NMAVX
PVMIX	Principal MidCap Value Fund I	11.73%	—	Dec 2003	FAVFX vs PVMIX
ACLAX	American Century Mid Cap Value Fund A Class	11.88%	—	Mar 2004	FAVFX vs ACLAX

Lowest Drawdown Alternatives to FAVFX

FAVFX has a 1-year max drawdown of -9.93%. There are 84 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
NCBVX	PGIM Quant Solutions Mid-Cap Value Fund	-6.31%	—	Aug 1998	FAVFX vs NCBVX
GTTMX	Glenmede Quantitative U.S. Total Market Equity Por...	-6.51%	—	Dec 2006	FAVFX vs GTTMX
FIUSX	Delaware Opportunity Fund	-6.75%	—	Aug 1992	FAVFX vs FIUSX
HAMVX	Harbor Mid Cap Value Fund	-6.84%	—	Mar 2002	FAVFX vs HAMVX
VMVAX	Vanguard Mid-Cap Value Index Fund Admiral Shares	-6.95%	36.70B	Sep 2011	FAVFX vs VMVAX

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
FXAIX	Fidelity 500 Index Fund	S&P 500	73	11.71%	—	Feb 1988	FAVFX vs FXAIX
FSELX	Fidelity Select Semiconductors Portfolio	Semiconductors, Technology Equities	97	85.56%	—	Jul 1985	FAVFX vs FSELX
FZROX	Fidelity ZERO Total Market Index Fund	Large Cap Blend Equities	72	12.01%	—	—	FAVFX vs FZROX
FSPGX	Fidelity Large Cap Growth Index Fund	Large Cap Growth Equities	32	8.60%	—	—	FAVFX vs FSPGX
FSKAX	Fidelity Total Market Index Fund	Large Cap Blend Equities	71	12.08%	—	—	FAVFX vs FSKAX
FBGRX	Fidelity Blue Chip Growth Fund	Large Cap Growth Equities	75	18.56%	—	Dec 1987	FAVFX vs FBGRX
FCNTX	Fidelity Contrafund	Large Cap Growth Equities	35	7.76%	176.32B	May 1967	FAVFX vs FCNTX
FNILX	Fidelity ZERO Large Cap Index Fund	Large Cap Blend Equities	71	11.56%	—	—	FAVFX vs FNILX
FSPSX	Fidelity International Index Fund	Foreign Large Cap Equities	27	9.51%	—	Nov 1997	FAVFX vs FSPSX
FTIHX	Fidelity Total International Index Fund	Foreign Large Cap Equities	58	15.53%	—	Jun 2016	FAVFX vs FTIHX

Often Compared With FAVFX

Investors most often compare FAVFX with RSVAX, NQVRX, FSOAX. These 7 comparison targets span 1 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
RSVAX	Victory RS Value Fund	Mid Cap Value Equities	17	5.96%	—	Jun 1993	FAVFX vs RSVAX
NQVRX	Nuveen Multi Cap Value Fund	Mid Cap Value Equities	79	13.39%	—	Nov 1997	FAVFX vs NQVRX
FSOAX	Fidelity Advisor Value Strategies Fund Class A	Mid Cap Value Equities	33	20.88%	—	Sep 1996	FAVFX vs FSOAX
UMCVX	Invesco V.I. American Value Fund	Mid Cap Value Equities	80	19.06%	—	Jan 1997	FAVFX vs UMCVX
FASPX	Fidelity Advisor Value Strategies Fund Class M	Mid Cap Value Equities	75	20.76%	—	Aug 1986	FAVFX vs FASPX
FRNKX	Frank Value Fund	Mid Cap Value Equities	23	10.33%	—	Jul 2004	FAVFX vs FRNKX
FVCSX	Fidelity Advisor Value Strategies Fund Class C	Mid Cap Value Equities	69	20.11%	—	Aug 2001	FAVFX vs FVCSX

Compare FAVFX with Any Fund or Stock

Compare FAVFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair FAVFX with funds that move differently

Fidelity Advisor Value Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FAVFX.

Explore FAVFX Diversifiers

Fidelity Advisor Value Fund Class A (FAVFX) Alternatives