PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

Fidelity Advisor Small Cap Value Fund Class M (FCVTX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

The investment seeks capital appreciation. The fund invests primarily in common stocks. It invests at least 80% of assets in securities of companies with small market capitalizations. The fund invests in securities of companies that Fidelity Management & Research Company LLC (FMR) believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry (stocks of these companies are often called "value" stocks). It invests in domestic and foreign issuers.

Looking to diversify beyond FCVTX? The mutual funds below have the lowest correlation with FCVTX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from FCVTX.

Best Diversifiers for FCVTX

0 mutual funds have low correlation with FCVTX (below 0.3), 0 of which are negatively correlated. The least correlated is Aegis Value Fund (AVALX) (Small Cap Value Equities) with a 1Y correlation of 0.44, down from 0.58 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
AVALX
Aegis Value Fund0.440.520.58
87
Small Cap Value EquitiesFCVTX vs AVALX
FSELX
Fidelity Select Semiconductors Portfolio0.510.520.60
96
Semiconductors, Technology EquitiesFCVTX vs FSELX
FBGRX
Fidelity Blue Chip Growth Fund0.510.550.66
73
Large Cap Growth EquitiesFCVTX vs FBGRX
FTIHX
Fidelity Total International Index Fund0.680.680.72
62
Foreign Large Cap EquitiesFCVTX vs FTIHX
FNILX
Fidelity ZERO Large Cap Index Fund0.700.710.78
63
Large Cap Blend EquitiesFCVTX vs FNILX
See all 34 diversifiers for FCVTX

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements FCVTX

Add FCVTX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with FCVTX