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Fidelity Advisor Small Cap Growth Fund Class C (FCCGX) Sharpe Ratio: 1.38

Mutual Fund · Currency in USD · Last updated Aug 1, 2026

The investment seeks capital appreciation. The fund invests primarily in common stocks. It invests at least 80% of its assets in securities of companies with small market capitalizations. The fund invests in companies that Fidelity Management & Research Company LLC (FMR) believes have above-average growth potential (stocks of these companies are often called "growth" stocks). It invests in domestic and foreign issuers. The fund uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.

FCCGX's Sharpe Ratio of 1.38 indicates that for each unit of volatility, it generates 1.38 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Aug 1, 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.

FCCGX Sharpe Ratio Rank

FCCGX Sharpe Ratio Rank: 47.648
Average

FCCGX ranks above 47.6% of all investments in our database based on Sharpe Ratio over the past 12 months, showing balanced returns relative to total risk taken. 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

  • Returns are proportional to volatility—neither strong nor weak
  • Evaluate whether the volatility profile aligns with your risk tolerance
  • Review higher-ranked alternatives in the same category
  • Monitor rank direction to identify improving or deteriorating trends

FCCGX Sharpe Ratio Market Positioning

The chart shows FCCGX'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%): 0.93 or lower
  • Yellow zone (middle 50%): 0.93 to 1.81
  • Green zone (top 25%): 1.81 or higher
  • Top 1%: 3.74+
  • Median: 1.45 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Fidelity Advisor Small Cap Growth Fund Class C's Sharpe Ratio with other mutual funds in the Small Cap Growth Equities category across multiple time periods, showing how FCCGX'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 Aug 1, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
DSCIXDana Epiphany ESG Small Cap Equity Fund2.24
NESIXNeedham Small Cap Growth Fund Institutional1.97
DMCRXDriehaus Micro Cap Growth Fund1.95
NESGXNeedham Small Cap Growth Fund1.94
ORIGXNorth Square Spectrum Alpha Fund1.83
FGROXEmerald Growth Fund Institutional Class1.81
HSPGXEmerald Growth Fund1.79
OBMCXOberweis Micro Cap Fund1.79
RYWCXRydex S&P SmallCap 600 Pure Growth Fund1.69
GSIOXGoldman Sachs Small Cap Growth Insights Fund1.62
FCCGXFidelity Advisor Small Cap Growth Fund Class C1.38
Benchmark

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Time Period

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Historical Sharpe Ratio

The chart shows FCCGX'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 FCCGX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does FCCGX fit in your portfolio?

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