- ISIN
- US3159126008
- CUSIP
- 315912600
- Issuer
- Fidelity
- Inception Date
- Sep 26, 2000
- Category
- Small Cap Blend Equities
- 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
FSCRX Performance Chart
Fidelity Small Cap Discovery Fund (FSCRX) is up 15.9% since the beginning of the year. FSCRX is currently trading at $26 per share. Investors who bought $1,000 worth of FSCRX shares 5 years ago would now be looking at an investment worth $1,424.
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Compare this symbol against anything
Returns By Period
Fidelity Small Cap Discovery Fund (FSCRX) has returned 15.93% so far this year and 27.16% over the past 12 months. Over the last ten years, FSCRX has returned 9.73% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
Fidelity Small Cap Discovery Fund
- 1D
- 2.33%
- 1M
- -1.09%
- 6M
- 11.70%
- YTD
- 15.93%
- 1Y
- 27.16%
- 3Y*
- 11.32%
- 5Y*
- 7.32%
- 10Y*
- 9.73%
- ALL TIME*
- 10.42%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
FSCRX Monthly Returns History
Based on dividend-adjusted daily data since Sep 26, 2000, FSCRX's average daily return is +0.05%, while the average monthly return is +0.98%. At this rate, an investment would double in approximately 5.9 years.
Historically, 61% of months were positive and 39% were negative. The best month was Apr 2009 with a return of +21.4%, while the worst month was Mar 2020 at -26.5%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 5 months.
On a daily basis, FSCRX closed higher 52% of trading days. The best single day was Mar 24, 2020 with a return of +9.8%, 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 | 3.78% | -0.25% | -5.10% | 11.10% | 3.38% | 7.11% | -4.08% | 15.93% | |||||
| 2025 | 4.76% | -6.17% | -4.17% | -2.46% | 4.60% | 4.92% | 2.07% | 5.34% | 0.08% | -2.99% | 4.01% | 1.28% | 10.89% |
| 2024 | -1.43% | 5.68% | 3.93% | -7.57% | 3.08% | -2.73% | 7.43% | -0.71% | 0.30% | -4.72% | 8.00% | -6.98% | 2.75% |
| 2023 | 10.24% | -1.15% | -3.36% | -1.94% | -2.24% | 8.28% | 6.21% | -2.39% | -6.54% | -5.58% | 9.97% | 10.28% | 21.28% |
| 2022 | -5.12% | -0.14% | -0.41% | -6.88% | 0.11% | -9.11% | 9.77% | -4.93% | -10.16% | 9.29% | 5.71% | -3.78% | -16.68% |
| 2021 | 1.54% | 9.21% | 5.21% | 5.27% | 2.34% | -0.94% | 2.17% | 1.82% | -2.91% | 4.36% | -2.77% | 6.33% | 35.66% |
Benchmark Metrics
Fidelity Small Cap Discovery Fund has an annualized alpha of 4.33%, beta of 0.98, and R2 of 0.75 versus S&P 500 Index. Calculated based on daily prices since September 26, 2000.
- This fund captured 116.85% of S&P 500 Index gains but only 98.52% of its losses - a favorable profile for investors.
- This fund generated an annualized alpha of 4.33% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 0.98 and R2 of 0.75, 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
- 4.33%
- Beta
- 0.98
- R²
- 0.75
- Upside Capture
- 116.85%
- Downside Capture
- 98.52%
Expense Ratio
FSCRX has a high expense ratio of 0.98%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
FSCRX ranks 42 for risk / return — above 42% of mutual funds peers on PortfoliosLab. Its historical combined result is near the middle of the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Fidelity Small Cap Discovery Fund (FSCRX) 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.
| FSCRX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.17 | ||
| Sortino ratioReturn per unit of downside risk | -0.08 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.25 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.08 | 2.00 | +0.08 |
| Martin ratioReturn relative to average drawdown | 6.63 | 8.49 | -1.87 |
Dividends
Dividend History
Fidelity Small Cap Discovery Fund provided a 13.06% dividend yield over the last twelve months, with an annual payout of $3.44 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.44 | $3.42 | $3.15 | $1.18 | $2.65 | $1.88 | $0.67 | $1.73 | $6.95 | $4.09 | $0.14 | $1.92 |
Dividend yield | 13.06% | 14.70% | 13.03% | 4.44% | 11.56% | 6.12% | 2.79% | 7.46% | 35.48% | 13.68% | 0.44% | 7.28% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Small Cap Discovery 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 | $0.69 | $0.00 | $0.69 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.68 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.75 | $3.42 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.93 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.22 | $3.15 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.88 | $1.18 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.91 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.74 | $2.65 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.89 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.98 | $1.88 |
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 Small Cap Discovery 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 Small Cap Discovery Fund was 56.27%, occurring on Mar 9, 2009. Recovery took 257 trading sessions.
The current Fidelity Small Cap Discovery Fund drawdown is 4.08%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-56.27%Mar 2009 | 1y 7mo | 1y 7d | 2y 8moJul 2007 - Mar 2010 | Financial crisis2007–2009 |
-47.06%Mar 2020 | 2mo 1d | 8mo 10d | 10mo 11dJan 2020 - Nov 2020 | COVID crash2020 |
-32.09%Mar 2003 | 10mo | 9mo 22d | 1y 7moMay 2002 - Dec 2003 | — |
-28.41%Oct 2011 | 5mo 4d | 4mo 3d | 9mo 7dMay 2011 - Feb 2012 | — |
-25.91%Sep 2022 | 8mo 28d | 1y 2mo | 1y 11moJan 2022 - Dec 2023 | Bear market2022 |
Drawdown Indicators
| FSCRX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.27% | -56.78% | +0.51% |
Max Drawdown (1Y)Largest decline over 1 year | -11.34% | -9.10% | -2.24% |
Max Drawdown (3Y)Largest decline over 3 years | -22.51% | -18.90% | -3.61% |
Max Drawdown (5Y)Largest decline over 5 years | -25.91% | -25.43% | -0.48% |
Max Drawdown (10Y)Largest decline over 10 years | -47.06% | -33.92% | -13.14% |
Current DrawdownCurrent decline from peak | -4.08% | -1.58% | -2.50% |
Average DrawdownAverage peak-to-trough decline | -7.89% | -10.70% | +2.81% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.57% | 2.14% | +1.43% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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