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Fidelity Advisor Small Cap Fund Class C (FSCEX)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

ISIN
US3158056719
Issuer
Fidelity
Inception Date
Sep 9, 1998
Min. Investment
$0
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Small-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Fidelity Advisor Small Cap Fund Class C, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

Fidelity Advisor Small Cap Fund Class C (FSCEX) has returned 0.43% so far this year and 21.77% over the past 12 months. Over the last ten years, FSCEX has returned 6.41% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.


Fidelity Advisor Small Cap Fund Class C

1D
-1.75%
1M
-7.93%
YTD
0.43%
6M
3.68%
1Y
21.77%
3Y*
3.18%
5Y*
0.65%
10Y*
6.41%

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Sep 9, 1998, FSCEX's average daily return is +0.04%, while the average monthly return is +0.80%. At this rate, your investment would double in approximately 7.2 years.

Historically, 62% of months were positive and 38% were negative. The best month was Jun 2000 with a return of +19.0%, while the worst month was Dec 2024 at -26.9%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.

On a daily basis, FSCEX closed higher 52% of trading days. The best single day was Apr 9, 2025 with a return of +9.0%, while the worst single day was Dec 26, 2024 at -19.8%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20264.64%4.25%-7.93%0.43%
20253.65%-6.08%-5.93%-1.52%4.56%6.33%1.39%4.70%1.06%0.99%3.30%-1.04%11.04%
2024-1.52%5.40%3.66%-6.30%6.14%-0.93%7.49%-0.05%0.87%-3.10%8.18%-26.87%-11.92%
20239.18%-0.31%-3.63%-2.49%-2.88%8.97%4.71%-2.13%-5.50%-6.52%7.46%11.41%17.31%
2022-10.67%0.60%-0.65%-9.35%-0.12%-9.72%11.64%-3.16%-9.72%10.22%5.19%-4.73%-21.33%
20212.23%8.40%3.09%4.14%-0.23%0.78%0.91%4.05%-2.94%6.02%-2.65%3.44%30.13%

Benchmark Metrics

Fidelity Advisor Small Cap Fund Class C has an annualized alpha of 2.01%, beta of 0.92, and R² of 0.71 versus S&P 500 Index. Calculated based on daily prices since September 10, 1998.

  • This fund captured 115.31% of S&P 500 Index gains and 109.20% of its losses — amplifying both gains and losses, but participating more in upside than downside.
  • This fund generated an annualized alpha of 2.01% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
  • With beta of 0.92 and R² of 0.71, 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
2.01%
Beta
0.92
0.71
Upside Capture
115.31%
Downside Capture
109.20%

Expense Ratio

FSCEX has a high expense ratio of 2.04%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

FSCEX ranks 54 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.


FSCEX Risk / Return Rank: 5454
Overall Rank
FSCEX Sharpe Ratio Rank: 5050
Sharpe Ratio Rank
FSCEX Sortino Ratio Rank: 5454
Sortino Ratio Rank
FSCEX Omega Ratio Rank: 4545
Omega Ratio Rank
FSCEX Calmar Ratio Rank: 5858
Calmar Ratio Rank
FSCEX Martin Ratio Rank: 6262
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Fidelity Advisor Small Cap Fund Class C (FSCEX) and compare them to a chosen benchmark (S&P 500 Index).


FSCEXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

0.99

0.90

+0.09

Sortino ratio

Return per unit of downside risk

1.51

1.39

+0.12

Omega ratio

Gain probability vs. loss probability

1.20

1.21

-0.01

Calmar ratio

Return relative to maximum drawdown

1.40

1.40

0.00

Martin ratio

Return relative to average drawdown

5.96

6.61

-0.64

Explore FSCEX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

Fidelity Advisor Small Cap Fund Class C provided a 3.56% dividend yield over the last twelve months, with an annual payout of $0.58 per share.


0.00%5.00%10.00%15.00%20.00%$0.00$1.00$2.00$3.00$4.0020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.58$0.58$0.00$0.38$1.29$3.37$0.73$0.94$2.72$3.62$0.53$2.04

Dividend yield

3.56%3.58%0.00%2.23%8.66%16.35%3.97%5.72%20.54%18.60%2.60%10.50%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.58$0.58
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.38$0.38
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.29$1.29
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$3.37$3.37

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 Advisor Small Cap Fund Class C. 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 Fund Class C was 51.02%, occurring on Oct 9, 2002. Recovery took 692 trading sessions.

The current Fidelity Advisor Small Cap Fund Class C drawdown is 19.11%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-51.02%Mar 10, 2000648Oct 9, 2002692Jul 11, 20051340
-42.56%Jul 20, 2007412Mar 9, 2009420Nov 4, 2010832
-41.37%Nov 26, 202490Apr 8, 2025
-40.52%Jan 17, 202045Mar 23, 2020159Nov 5, 2020204
-32.76%Nov 9, 2021152Jun 16, 2022521Jul 16, 2024673

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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