- ISIN
- US3161284613
- CUSIP
- 316128461
- Issuer
- Fidelity
- Inception Date
- May 25, 2017
- Category
- Mid Cap Value Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
FCMVX Performance Chart
Fidelity Mid Cap Value K6 Fund (FCMVX) is up 22.7% since the beginning of the year. FCMVX is currently trading at $15 per share. Investors who bought $1,000 worth of FCMVX shares 5 years ago would now be looking at an investment worth $3,213.
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Returns By Period
Fidelity Mid Cap Value K6 Fund (FCMVX) has returned 22.74% so far this year and 40.91% over the past 12 months.
Fidelity Mid Cap Value K6 Fund
- 1D
- 1.38%
- 1M
- 5.25%
- YTD
- 22.74%
- 6M
- 21.24%
- 1Y
- 40.91%
- 3Y*
- 43.75%
- 5Y*
- 26.29%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FCMVX Monthly Returns History
Based on dividend-adjusted daily data since May 25, 2017, FCMVX's average daily return is +0.10%, while the average monthly return is +1.60%. At this rate, an investment would double in approximately 3.6 years.
Historically, 65% of months were positive and 35% were negative. The best month was Dec 2024 with a return of +51.4%, while the worst month was Mar 2020 at -21.5%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 3 months.
On a daily basis, FCMVX closed higher 51% of trading days. The best single day was Dec 20, 2024 with a return of +125.3%, while the worst single day was Dec 23, 2024 at -25.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.74% | 4.99% | -6.62% | 11.73% | 1.99% | 3.90% | 22.74% | ||||||
| 2025 | 3.33% | -3.38% | -4.65% | -3.50% | 5.20% | 4.51% | 0.93% | 4.52% | 0.40% | -0.64% | 4.42% | 1.47% | 12.62% |
| 2024 | -1.60% | 6.03% | 6.53% | -6.32% | 4.50% | -3.32% | 7.50% | 1.18% | 2.16% | -2.23% | 8.13% | 51.44% | 87.16% |
| 2023 | 10.53% | -2.93% | -4.78% | 0.64% | -3.47% | 10.30% | 5.63% | -2.60% | -4.18% | -5.49% | 10.50% | 9.19% | 23.07% |
| 2022 | -3.15% | 0.37% | 1.40% | -5.87% | 2.54% | -10.89% | 9.78% | -3.61% | -10.04% | 10.01% | 7.25% | -5.75% | -10.26% |
| 2021 | 0.57% | 6.86% | 9.23% | 4.03% | 2.63% | -2.41% | 1.70% | 3.19% | -4.05% | 4.91% | -3.29% | 7.34% | 34.12% |
Benchmark Metrics
Fidelity Mid Cap Value K6 Fund has an annualized alpha of 9.50%, beta of 1.04, and R2 of 0.17 versus S&P 500 Index. Calculated based on daily prices since May 25, 2017.
- This fund captured 100.79% of S&P 500 Index gains but only 82.29% of its losses - a favorable profile for investors.
- R2 of 0.17 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 9.50%
- Beta
- 1.04
- R²
- 0.17
- Upside Capture
- 100.79%
- Downside Capture
- 82.29%
Expense Ratio
FCMVX has an expense ratio of 0.45%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FCMVX ranks 82 for risk / return — in the top 82% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Mid Cap Value K6 Fund (FCMVX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FCMVX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.48 | ||
| Sortino ratioReturn per unit of downside risk | +0.79 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.37 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 4.09 | 2.78 | +1.31 |
| Martin ratioReturn relative to average drawdown | 15.71 | 12.44 | +3.27 |
Dividends
Dividend History
Fidelity Mid Cap Value K6 Fund provided a 4.03% dividend yield over the last twelve months, with an annual payout of $0.62 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.62 | $0.86 | $9.44 | $0.19 | $0.21 | $0.19 | $0.23 | $0.18 | $0.27 | $0.09 |
Dividend yield | 4.03% | 6.68% | 76.67% | 1.29% | 1.68% | 1.39% | 2.19% | 1.68% | 2.99% | 0.77% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Mid Cap Value K6 Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.00 | $0.33 | ||||||
| 2025 | $0.00 | $0.00 | $0.57 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.86 |
| 2024 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $9.39 | $9.44 |
| 2023 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.19 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.21 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.19 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Mid Cap Value K6 Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Mid Cap Value K6 Fund was 44.63%, occurring on Mar 23, 2020. Recovery took 200 trading sessions.
The current Fidelity Mid Cap Value K6 Fund drawdown is 0.26%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -44.63%Mar 2020 | 2y 1mo | 9mo 19d | 2y 11moJan 2018 - Jan 2021 |
2025 selloff2025 | -38.56%Apr 2025 | 3mo 16d | 1y 1mo | 1y 5moDec 2024 - Jun 2026 |
Bear market2022 | -20.38%Sep 2022 | 8mo 25d | 4mo 8d | 1y 28dJan 2022 - Feb 2023 |
2023 correction2023 | -14.44%Mar 2023 | 1mo 18d | 3mo 22d | 5mo 10dFeb 2023 - Jul 2023 |
2023 correction2023 | -13.25%Oct 2023 | 2mo 26d | 1mo 15d | 4mo 11dAug 2023 - Dec 2023 |
Drawdown Indicators
| FCMVX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.63% | -56.78% | +12.15% |
Max Drawdown (1Y)Largest decline over 1 year | -10.21% | -9.10% | -1.11% |
Max Drawdown (3Y)Largest decline over 3 years | -38.56% | -18.90% | -19.66% |
Max Drawdown (5Y)Largest decline over 5 years | -38.56% | -25.43% | -13.13% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.26% | -1.80% | +1.54% |
Average DrawdownAverage peak-to-trough decline | -9.30% | -10.71% | +1.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.65% | 2.03% | +0.62% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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