- ISIN
- US31635T7990
- CUSIP
- 31635T799
- Issuer
- Fidelity
- Inception Date
- Jul 11, 2019
- 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
FIMVX Performance Chart
Fidelity Mid Cap Value Index Fund (FIMVX) is up 16.4% since the beginning of the year. FIMVX is currently trading at $34 per share. Investors who bought $1,000 worth of FIMVX shares 5 years ago would now be looking at an investment worth $1,601.
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Returns By Period
Fidelity Mid Cap Value Index Fund (FIMVX) has returned 16.37% so far this year and 28.52% over the past 12 months.
Fidelity Mid Cap Value Index Fund
- 1D
- 1.00%
- 1M
- 3.04%
- YTD
- 16.37%
- 6M
- 14.69%
- 1Y
- 28.52%
- 3Y*
- 16.57%
- 5Y*
- 9.87%
- 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%
FIMVX Monthly Returns History
Based on dividend-adjusted daily data since Jul 17, 2019, FIMVX's average daily return is +0.05%, while the average monthly return is +1.04%. At this rate, an investment would double in approximately 5.6 years.
Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +14.0%, while the worst month was Mar 2020 at -22.7%. The longest winning streak lasted 5 consecutive months, and the longest losing streak was 3 months.
On a daily basis, FIMVX closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +11.1%, while the worst single day was Mar 16, 2020 at -13.6%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.29% | 4.70% | -5.05% | 7.58% | 2.32% | 1.97% | 16.37% | ||||||
| 2025 | 3.54% | -1.85% | -3.70% | -2.48% | 4.36% | 3.51% | 1.79% | 3.01% | 1.25% | -0.99% | 2.38% | 0.06% | 11.01% |
| 2024 | -1.79% | 4.78% | 5.18% | -5.26% | 3.61% | -1.61% | 6.05% | 1.88% | 1.86% | -1.25% | 7.37% | -7.34% | 13.02% |
| 2023 | 8.10% | -3.22% | -3.15% | 0.04% | -4.43% | 8.67% | 4.35% | -3.54% | -5.07% | -4.99% | 9.43% | 7.80% | 12.75% |
| 2022 | -4.26% | -0.47% | 3.04% | -5.98% | 1.92% | -11.01% | 8.64% | -3.05% | -9.70% | 9.45% | 6.31% | -5.11% | -12.08% |
| 2021 | -0.23% | 7.72% | 5.13% | 4.84% | 1.96% | -1.17% | 0.61% | 2.18% | -3.70% | 5.34% | -3.07% | 6.25% | 28.21% |
Benchmark Metrics
Fidelity Mid Cap Value Index Fund has an annualized alpha of -1.91%, beta of 0.98, and R2 of 0.82 versus S&P 500 Index. Calculated based on daily prices since July 17, 2019.
- This fund participated in 105.66% of S&P 500 Index downside but only 94.64% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 0.98 and R2 of 0.82, 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
- -1.91%
- Beta
- 0.98
- R²
- 0.82
- Upside Capture
- 94.64%
- Downside Capture
- 105.66%
Expense Ratio
FIMVX has an expense ratio of 0.05%, which is considered low.
Return for Risk
Risk / Return Rank
FIMVX ranks 70 for risk / return — better than 70% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Mid Cap Value Index Fund (FIMVX) 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.
| FIMVX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.37 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.85 | 2.78 | +1.06 |
| Martin ratioReturn relative to average drawdown | 14.40 | 12.44 | +1.96 |
Dividends
Dividend History
Fidelity Mid Cap Value Index Fund provided a 2.13% dividend yield over the last twelve months, with an annual payout of $0.73 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.73 | $0.73 | $1.21 | $0.48 | $0.62 | $1.49 | $0.27 | $0.13 |
Dividend yield | 2.13% | 2.48% | 4.44% | 1.89% | 2.75% | 5.62% | 1.23% | 0.63% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Mid Cap Value Index 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 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.46 | $0.00 | $0.00 | $0.00 | $0.27 | $0.73 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.96 | $0.00 | $0.00 | $0.00 | $0.25 | $1.21 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.00 | $0.26 | $0.48 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.00 | $0.29 | $0.62 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.22 | $0.00 | $0.00 | $0.00 | $0.27 | $1.49 |
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 Index 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 Index Fund was 43.61%, occurring on Mar 23, 2020. Recovery took 172 trading sessions.
The current Fidelity Mid Cap Value Index Fund drawdown is 0.78%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -43.61%Mar 2020 | 1mo 1d | 8mo 6d | 9mo 7dFeb 2020 - Nov 2020 |
Bear market2022 | -21.23%Sep 2022 | 8mo 28d | 1y 5mo | 2y 1moJan 2022 - Feb 2024 |
2025 selloff2025 | -20.40%Apr 2025 | 4mo 13d | 4mo 16d | 8mo 29dNov 2024 - Aug 2025 |
2026 pullback2026 | -7.52%Mar 2026 | 27d | 17d | 1mo 14dMar 2026 - Apr 2026 |
2021 pullback2021 | -7.09%Dec 2021 | 14d | 28d | 1mo 12dNov 2021 - Dec 2021 |
Drawdown Indicators
| FIMVX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.61% | -56.78% | +13.17% |
Max Drawdown (1Y)Largest decline over 1 year | -7.52% | -9.10% | +1.58% |
Max Drawdown (3Y)Largest decline over 3 years | -20.40% | -18.90% | -1.50% |
Max Drawdown (5Y)Largest decline over 5 years | -21.23% | -25.43% | +4.20% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.78% | -1.80% | +1.02% |
Average DrawdownAverage peak-to-trough decline | -6.39% | -10.71% | +4.32% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.01% | 2.03% | -0.02% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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