- ISIN
- US3163897909
- Issuer
- Fidelity
- Inception Date
- Nov 3, 2004
- Category
- Small Cap Value Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Small-Cap
- Asset Class Style
- Value
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
FCVCX Performance Chart
Fidelity Advisor Small Cap Value Fund Class C (FCVCX) is up 24.9% since the beginning of the year. FCVCX is currently trading at $19 per share. Investors who bought $1,000 worth of FCVCX shares 5 years ago would now be looking at an investment worth $1,546.
Loading charts...
Compare this symbol against anything
Returns By Period
Fidelity Advisor Small Cap Value Fund Class C (FCVCX) has returned 24.90% so far this year and 37.49% over the past 12 months. Over the last ten years, FCVCX has returned 10.31% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
Fidelity Advisor Small Cap Value Fund Class C
- 1D
- 0.31%
- 1M
- -0.98%
- 6M
- 19.15%
- YTD
- 24.90%
- 1Y
- 37.49%
- 3Y*
- 14.10%
- 5Y*
- 9.10%
- 10Y*
- 10.31%
- ALL TIME*
- 9.84%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
FCVCX Monthly Returns History
Based on dividend-adjusted daily data since Nov 4, 2004, FCVCX's average daily return is +0.05%, while the average monthly return is +0.94%. At this rate, an investment would double in approximately 6.2 years.
Historically, 61% of months were positive and 39% were negative. The best month was Nov 2020 with a return of +19.9%, while the worst month was Mar 2020 at -23.0%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.
On a daily basis, FCVCX closed higher 51% of trading days. The best single day was Mar 24, 2020 with a return of +10.4%, while the worst single day was Mar 16, 2020 at -11.3%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.82% | 3.67% | -6.48% | 13.53% | 1.30% | 9.54% | -2.44% | 24.90% | |||||
| 2025 | 4.16% | -5.13% | -4.84% | -4.03% | 4.13% | 4.36% | 0.76% | 6.47% | 0.31% | -2.30% | 4.90% | -1.15% | 6.93% |
| 2024 | -2.83% | 3.88% | 5.04% | -7.11% | 3.06% | -2.54% | 11.82% | -0.57% | -0.66% | -2.25% | 9.25% | -8.47% | 6.82% |
| 2023 | 10.12% | -1.75% | -5.98% | -1.56% | -2.82% | 7.92% | 6.68% | -3.62% | -5.22% | -5.37% | 8.15% | 11.38% | 16.65% |
| 2022 | -3.59% | 2.23% | -0.50% | -7.44% | 2.31% | -10.77% | 9.20% | -4.82% | -9.52% | 10.24% | 5.37% | -4.96% | -13.97% |
| 2021 | 3.26% | 11.83% | 5.53% | 6.09% | 2.63% | -3.35% | -1.24% | 3.18% | -0.68% | 3.75% | -4.70% | 6.53% | 36.71% |
Benchmark Metrics
Fidelity Advisor Small Cap Value Fund Class C has an annualized alpha of 0.80%, beta of 1.09, and R2 of 0.78 versus S&P 500 Index. Calculated based on daily prices since November 04, 2004.
- This fund captured 110.54% of S&P 500 Index gains and 106.61% of its losses - amplifying both gains and losses, but participating more in upside than downside.
- With beta of 1.09 and R2 of 0.78, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 0.80%
- Beta
- 1.09
- R²
- 0.78
- Upside Capture
- 110.54%
- Downside Capture
- 106.61%
Expense Ratio
FCVCX has a high expense ratio of 2.02%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
FCVCX ranks 81 for risk / return — above 81% of mutual funds peers on PortfoliosLab. Its historical combined result is among the stronger results in the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Fidelity Advisor Small Cap Value Fund Class C (FCVCX) 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.
| FCVCX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.46 | ||
| Sortino ratioReturn per unit of downside risk | +0.83 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.25 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.21 | 2.00 | +1.21 |
| Martin ratioReturn relative to average drawdown | 11.38 | 8.49 | +2.89 |
Dividends
Dividend History
Fidelity Advisor Small Cap Value Fund Class C provided a 9.89% dividend yield over the last twelve months, with an annual payout of $1.89 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.89 | $1.89 | $0.88 | $0.95 | $1.05 | $1.54 | $0.02 | $0.44 | $4.72 | $0.55 | $1.23 | $1.75 |
Dividend yield | 9.89% | 12.35% | 5.46% | 5.97% | 7.23% | 8.53% | 0.13% | 3.34% | 41.61% | 3.03% | 7.26% | 11.44% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Small Cap Value Fund Class C. 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.34 | $0.00 | $0.00 | $0.56 | $1.89 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.88 | $0.00 | $0.00 | $0.00 | $0.88 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.75 | $0.00 | $0.00 | $0.20 | $0.95 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.03 | $0.00 | $0.00 | $0.02 | $1.05 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.86 | $0.00 | $0.00 | $0.68 | $1.54 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Advisor Small Cap Value Fund Class C. 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 Advisor Small Cap Value Fund Class C was 58.55%, occurring on Mar 9, 2009. Recovery took 451 trading sessions.
The current Fidelity Advisor Small Cap Value Fund Class C drawdown is 2.44%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-58.55%Mar 2009 | 1y 7mo | 1y 9mo | 3y 5moJul 2007 - Dec 2010 | Financial crisis2007–2009 |
-45.31%Mar 2020 | 1y 6mo | 8mo 6d | 2y 2moAug 2018 - Nov 2020 | COVID crash2020 |
-28.19%Oct 2011 | 5mo 29d | 5mo 12d | 11mo 11dApr 2011 - Mar 2012 | — |
-25.11%Apr 2025 | 4mo 13d | 8mo 6d | 1y 14dNov 2024 - Dec 2025 | 2025 selloff2025 |
-24.20%Sep 2022 | 10mo 26d | 1y 5mo | 2y 4moNov 2021 - Mar 2024 | Bear market2022 |
Drawdown Indicators
| FCVCX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.55% | -56.78% | -1.77% |
Max Drawdown (1Y)Largest decline over 1 year | -10.45% | -9.10% | -1.35% |
Max Drawdown (3Y)Largest decline over 3 years | -25.11% | -18.90% | -6.21% |
Max Drawdown (5Y)Largest decline over 5 years | -25.11% | -25.43% | +0.32% |
Max Drawdown (10Y)Largest decline over 10 years | -45.31% | -33.92% | -11.39% |
Current DrawdownCurrent decline from peak | -2.44% | -1.58% | -0.86% |
Average DrawdownAverage peak-to-trough decline | -8.42% | -10.70% | +2.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.95% | 2.14% | +0.81% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with FCVCX
Add Fidelity Advisor Small Cap Value Fund Class C to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with FCVCX