Fidelity Advisor Mid Cap Value Fund Class A (FMPAX) belongs to the Mid Cap Value Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FMPAX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FMPAX
FMPAX charges 0.86% annually. There are 46 mutual funds in the Mid Cap Value Equities category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Mid Cap Value Index Fund | 0.05% | — | Jul 2019 | FMPAX vs FIMVX | |
| Vanguard Mid-Cap Value Index Fund Admiral Shares | 0.07% | 37.20B | Sep 2011 | FMPAX vs VMVAX | |
| Vanguard S&P Mid-Cap 400 Value Index Fund Institut... | 0.08% | — | Nov 2010 | FMPAX vs VMFVX | |
| Victory Integrity Small/Mid-Cap Value Fund | 0.09% | — | Jul 2011 | FMPAX vs MYISX | |
| Vanguard Mid-Cap Value Index Fund | 0.19% | — | Aug 2006 | FMPAX vs VMVIX |
Best Risk-Adjusted Alternatives to FMPAX
FMPAX has a PortfoliosLab risk / return rank of 90. There are 12 mutual funds in the Mid Cap Value Equities category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Harbor Mid Cap Value Fund Retirement Class | 97 | — | Mar 2016 | FMPAX vs HNMVX | |
| Harbor Mid Cap Value Fund | 97 | — | Mar 2002 | FMPAX vs HAMVX | |
| PGIM Quant Solutions Mid-Cap Value Fund | 94 | — | Aug 1998 | FMPAX vs NCBVX | |
| Columbia Select Mid Cap Value Fund | 92 | — | Nov 2001 | FMPAX vs NAMAX | |
| Fidelity Advisor Value Strategies Fund Class I | 92 | — | Jul 1995 | FMPAX vs FASOX |
Top Performing FMPAX Alternatives (YTD)
FMPAX is at 25.85% YTD. There are 9 mutual funds in the Mid Cap Value Equities category with higher YTD returns, going as high as 28.77%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Value Strategies Fund | 28.77% | — | Dec 1983 | FMPAX vs FSLSX | |
| Fidelity Advisor Value Strategies Fund Class I | 28.73% | — | Jul 1995 | FMPAX vs FASOX | |
| Fidelity Advisor Value Strategies Fund Class A | 28.54% | — | Sep 1996 | FMPAX vs FSOAX | |
| Fidelity Advisor Value Strategies Fund Class M | 28.35% | — | Aug 1986 | FMPAX vs FASPX | |
| Fidelity Advisor Value Strategies Fund Class C | 27.96% | — | Aug 2001 | FMPAX vs FVCSX |
Lowest Volatility Alternatives to FMPAX
FMPAX has 16.53% 1-year volatility. There are 90 mutual funds in the Mid Cap Value Equities category with lower 1-year volatility, going as low as 11.35%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Mid-Cap Value Index Fund Admiral Shares | 11.35% | 37.20B | Sep 2011 | FMPAX vs VMVAX | |
| Vanguard Mid-Cap Value Index Fund | 11.36% | — | Aug 2006 | FMPAX vs VMVIX | |
| Principal MidCap Value Fund I | 11.76% | — | Dec 2003 | FMPAX vs PVMIX | |
| American Century Mid Cap Value Fund A Class | 11.79% | — | Mar 2004 | FMPAX vs ACLAX | |
| American Century Mid Cap Value Fund | 11.79% | 5.65B | Mar 2004 | FMPAX vs ACMVX |
Lowest Drawdown Alternatives to FMPAX
FMPAX has a 1-year max drawdown of -10.34%. There are 94 mutual funds in the Mid Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -6.31%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM Quant Solutions Mid-Cap Value Fund | -6.31% | — | Aug 1998 | FMPAX vs NCBVX | |
| Glenmede Quantitative U.S. Total Market Equity Por... | -6.51% | — | Dec 2006 | FMPAX vs GTTMX | |
| Delaware Opportunity Fund | -6.75% | — | Aug 1992 | FMPAX vs FIUSX | |
| Harbor Mid Cap Value Fund Retirement Class | -6.84% | — | Mar 2016 | FMPAX vs HNMVX | |
| Harbor Mid Cap Value Fund | -6.84% | — | Mar 2002 | FMPAX vs HAMVX |
Other Mutual Funds from Fidelity
The 10 most viewed Fidelity mutual funds shown here include FXAIX, FSELX, FZROX and span 6 categories. AUM among these funds goes as high as $176B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 59 | 10.13% | — | Feb 1988 | FMPAX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 80 | 49.63% | — | Jul 1985 | FMPAX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 59 | 10.58% | — | — | FMPAX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 58 | 10.51% | — | — | FMPAX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 10 | 0.30% | — | — | FMPAX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 35 | 11.25% | — | Dec 1987 | FMPAX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 23 | 6.89% | 176.32B | May 1967 | FMPAX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 54 | 9.84% | — | — | FMPAX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 64 | 11.79% | — | Nov 1997 | FMPAX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 70 | 12.93% | — | Jun 2016 | FMPAX vs FTIHX |
Often Compared With FMPAX
Investors most often compare FMPAX with FIIAX, FMCDX, TRMCX. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.
Compare FMPAX with Any Fund or Stock
Compare FMPAX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FMPAX with funds that move differently
Fidelity Advisor Mid Cap Value Fund Class A alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FMPAX.
Explore FMPAX Diversifiers