Fidelity Advisor Small Cap Value Fund Class I (FCVIX)

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Fidelity Advisor Small Cap Value Fund Class I (FCVIX) is up 16.9% since the beginning of the year. FCVIX is currently trading at $23 per share. Investors who bought $1,000 worth of FCVIX shares 5 years ago would now be looking at an investment worth $1,454.

Fidelity Advisor Small Cap Value Fund Class I (FCVIX) has returned 16.90% so far this year and 34.74% over the past 12 months. Over the last ten years, FCVIX has returned 10.88% per year, falling short of the S&P 500 Index benchmark, which averaged 13.75% annually.

Based on dividend-adjusted daily data since Nov 4, 2004, FCVIX's average daily return is +0.05%, while the average monthly return is +1.01%. At this rate, an investment would double in approximately 5.7 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 -22.9%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.

On a daily basis, FCVIX closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +10.4%, while the worst single day was Dec 1, 2008 at -11.3%.

Fidelity Advisor Small Cap Value Fund Class I has an annualized alpha of 1.50%, beta of 1.09, and R2 of 0.78 versus S&P 500 Index. Calculated based on daily prices since November 05, 2004.

• This fund captured 114.01% of S&P 500 Index gains and 106.50% 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.

FCVIX has a high expense ratio of 0.99%, indicating above-average management fees.

FCVIX ranks 51 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Fidelity Advisor Small Cap Value Fund Class I (FCVIX) and compare them to S&P 500 Index.

Fidelity Advisor Small Cap Value Fund Class I provided a 8.64% dividend yield over the last twelve months, with an annual payout of $2.02 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Fidelity Advisor Small Cap Value Fund Class I. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Fidelity Advisor Small Cap Value Fund Class I. 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 I was 57.61%, occurring on Mar 9, 2009. Recovery took 283 trading sessions.

The current Fidelity Advisor Small Cap Value Fund Class I drawdown is 2.42%.

The chart below shows the rolling one-month volatility.