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Fidelity Advisor Value Fund Class A (FAVFX) Sharpe Ratio: 2.02

Mutual Fund · Currency in USD · Last updated Jul 3, 2026

The investment seeks capital appreciation. The fund invests primarily in common stocks. It invests in securities of companies that possess valuable fixed assets or that Fidelity Management & Research Company (FMR) believes are undervalued in the marketplace in relation to factors such as assets, earnings, or growth potential (stocks of these companies are often called "value" stocks). The fund adviser focuses investments in medium-sized companies, but also may invest substantially in larger or small companies. The fund invests in domestic and foreign issuers.

FAVFX's Sharpe Ratio of 2.02 indicates that for each unit of volatility, it generates 2.02 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 3, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

FAVFX Sharpe Ratio Rank

FAVFX Sharpe Ratio Rank: 75.575
Above Average

FAVFX ranks above 75.5% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Above-average risk-adjusted returns with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio efficiency

FAVFX Sharpe Ratio Market Positioning

The chart shows FAVFX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.08 or lower
  • Yellow zone (middle 50%): 1.08 to 1.99
  • Green zone (top 25%): 1.99 or higher
  • Top 1%: 3.98+
  • Median: 1.63 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Fidelity Advisor Value Fund Class A's Sharpe Ratio with other mutual funds in the Mid Cap Value Equities category across multiple time periods, showing how FAVFX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 3, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
HAMVXHarbor Mid Cap Value Fund2.48
NAMAXColumbia Select Mid Cap Value Fund2.45
SMVTXVirtus Ceredex Mid-Cap Value Equity Fund2.40
FCMVXFidelity Mid Cap Value K6 Fund2.23
TGVOXTCW Relative Value Mid Cap Fund2.22
FIUSXDelaware Opportunity Fund2.22
FIDFXFidelity Advisor Mid Cap Value Fund Class Z2.21
FSMVXFidelity Mid Cap Value Fund2.20
FMUEXRBB Free Market U.S. Equity Fund2.20
FMPOXFidelity Advisor Mid Cap Value Fund Class I2.20
FAVFXFidelity Advisor Value Fund Class A2.02

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows FAVFX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when FAVFX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does FAVFX fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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