- ISIN
- US3161288754
- Issuer
- Fidelity
- Inception Date
- Feb 13, 2007
- 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
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
FMPAX Performance Chart
Fidelity Advisor Mid Cap Value Fund Class A (FMPAX) is up 22.4% since the beginning of the year. FMPAX is currently trading at $36 per share. Investors who bought $1,000 worth of FMPAX shares 5 years ago would now be looking at an investment worth $1,926.
Loading charts...
Returns By Period
Fidelity Advisor Mid Cap Value Fund Class A (FMPAX) has returned 22.38% so far this year and 40.15% over the past 12 months. Over the last ten years, FMPAX has returned 11.36% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Fidelity Advisor Mid Cap Value Fund Class A
- 1D
- 1.37%
- 1M
- 5.34%
- YTD
- 22.38%
- 6M
- 20.84%
- 1Y
- 40.15%
- 3Y*
- 21.73%
- 5Y*
- 14.01%
- 10Y*
- 11.36%
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%
FMPAX Monthly Returns History
Based on dividend-adjusted daily data since Jan 3, 2006, FMPAX's average daily return is +0.04%, while the average monthly return is +0.87%. At this rate, an investment would double in approximately 6.7 years.
Historically, 63% of months were positive and 37% were negative. The best month was Apr 2009 with a return of +17.0%, while the worst month was Mar 2020 at -21.7%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.
On a daily basis, FMPAX closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +11.5%, while the worst single day was Mar 16, 2020 at -12.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.70% | 4.87% | -6.68% | 11.64% | 1.90% | 4.01% | 22.38% | ||||||
| 2025 | 3.49% | -3.44% | -4.69% | -3.37% | 5.44% | 4.55% | 0.80% | 4.55% | 0.40% | -0.72% | 4.34% | 1.40% | 12.75% |
| 2024 | -1.61% | 6.02% | 6.46% | -6.38% | 4.51% | -3.37% | 7.42% | 1.06% | 2.23% | -2.00% | 8.31% | -7.64% | 14.22% |
| 2023 | 10.42% | -3.03% | -4.83% | 0.63% | -3.57% | 10.20% | 5.59% | -2.70% | -4.22% | -5.56% | 10.55% | 9.14% | 22.18% |
| 2022 | -3.12% | 0.28% | 1.29% | -5.92% | 2.48% | -10.88% | 9.69% | -3.66% | -10.04% | 9.85% | 7.24% | -5.88% | -10.89% |
| 2021 | 0.58% | 6.75% | 9.26% | 3.97% | 2.66% | -2.48% | 1.64% | 3.18% | -4.12% | 4.88% | -3.27% | 7.28% | 33.60% |
Benchmark Metrics
Fidelity Advisor Mid Cap Value Fund Class A has an annualized alpha of -0.24%, beta of 1.07, and R2 of 0.85 versus S&P 500 Index. Calculated based on daily prices since January 03, 2006.
- This fund participated in 109.61% of S&P 500 Index downside but only 109.37% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 1.07 and R2 of 0.85, 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
- -0.24%
- Beta
- 1.07
- R²
- 0.85
- Upside Capture
- 109.37%
- Downside Capture
- 109.61%
Expense Ratio
FMPAX has an expense ratio of 0.86%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FMPAX ranks 81 for risk / return — in the top 81% 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 Advisor Mid Cap Value Fund Class A (FMPAX) 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.
| FMPAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.42 | ||
| Sortino ratioReturn per unit of downside risk | +0.71 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.37 | +0.06 |
| Calmar ratioReturn relative to maximum drawdown | 3.96 | 2.78 | +1.17 |
| Martin ratioReturn relative to average drawdown | 15.18 | 12.44 | +2.74 |
Dividends
Dividend History
Fidelity Advisor Mid Cap Value Fund Class A provided a 6.39% dividend yield over the last twelve months, with an annual payout of $2.32 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.32 | $2.52 | $3.06 | $0.28 | $3.09 | $0.32 | $0.40 | $0.37 | $2.75 | $2.30 | $0.27 | $1.10 |
Dividend yield | 6.39% | 8.24% | 10.38% | 0.96% | 13.09% | 1.08% | 1.78% | 1.61% | 14.62% | 8.77% | 1.11% | 4.99% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Mid Cap Value Fund Class A. 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 | $0.90 | $0.00 | $0.00 | $0.00 | $0.90 | ||||||
| 2025 | $0.00 | $0.00 | $1.09 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.42 | $2.52 |
| 2024 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.87 | $3.06 |
| 2023 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.28 |
| 2022 | $0.00 | $0.00 | $1.43 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.66 | $3.09 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.32 |
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 Mid Cap Value Fund Class A. 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 Mid Cap Value Fund Class A was 63.15%, occurring on Mar 9, 2009. Recovery took 888 trading sessions.
The current Fidelity Advisor Mid Cap Value Fund Class A drawdown is 0.25%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -63.15%Mar 2009 | 1y 9mo | 3y 6mo | 5y 3moJun 2007 - Sep 2012 |
COVID crash2020 | -45.47%Mar 2020 | 2y 1mo | 9mo 20d | 2y 11moJan 2018 - Jan 2021 |
2025 selloff2025 | -23.79%Apr 2025 | 4mo 13d | 6mo 22d | 11mo 5dNov 2024 - Oct 2025 |
2016 bear market2016 | -21.94%Feb 2016 | 8mo 18d | 10mo | 1y 6moMay 2015 - Dec 2016 |
Bear market2022 | -20.69%Sep 2022 | 8mo 25d | 10mo 1d | 1y 6moJan 2022 - Jul 2023 |
Drawdown Indicators
| FMPAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.15% | -56.78% | -6.37% |
Max Drawdown (1Y)Largest decline over 1 year | -10.34% | -9.10% | -1.24% |
Max Drawdown (3Y)Largest decline over 3 years | -23.79% | -18.90% | -4.89% |
Max Drawdown (5Y)Largest decline over 5 years | -23.79% | -25.43% | +1.64% |
Max Drawdown (10Y)Largest decline over 10 years | -45.47% | -33.92% | -11.55% |
Current DrawdownCurrent decline from peak | -0.25% | -1.80% | +1.55% |
Average DrawdownAverage peak-to-trough decline | -9.71% | -10.71% | +1.00% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.69% | 2.03% | +0.66% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with FMPAX
Add Fidelity Advisor Mid Cap Value Fund Class A 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 FMPAX