- ISIN
- US3158053179
- Issuer
- Fidelity
- Inception Date
- Aug 16, 2001
- 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
FVCSX Performance Chart
Fidelity Advisor Value Strategies Fund Class C (FVCSX) is up 28.2% since the beginning of the year. FVCSX is currently trading at $41 per share. Investors who bought $1,000 worth of FVCSX shares 5 years ago would now be looking at an investment worth $1,511.
Loading charts...
Compare this symbol against anything
Returns By Period
Fidelity Advisor Value Strategies Fund Class C (FVCSX) has returned 28.24% so far this year and 42.56% over the past 12 months. Over the last ten years, FVCSX has returned 10.34% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
Fidelity Advisor Value Strategies Fund Class C
- 1D
- -0.10%
- 1M
- 1.97%
- 6M
- 18.57%
- YTD
- 28.24%
- 1Y
- 42.56%
- 3Y*
- 10.30%
- 5Y*
- 8.61%
- 10Y*
- 10.34%
- ALL TIME*
- 6.50%
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%
FVCSX Monthly Returns History
Based on dividend-adjusted daily data since Dec 31, 1993, FVCSX's average daily return is +0.03%, while the average monthly return is +0.71%. At this rate, an investment would double in approximately 8.2 years.
Historically, 58% of months were positive and 42% were negative. The best month was Apr 2009 with a return of +24.4%, while the worst month was Oct 2008 at -28.1%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.
On a daily basis, FVCSX closed higher 41% of trading days. The best single day was May 30, 1997 with a return of +13.0%, while the worst single day was Aug 31, 1998 at -20.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 8.16% | 4.82% | -6.43% | 11.26% | 1.60% | 4.35% | 2.48% | 28.24% | |||||
| 2025 | 2.12% | -4.45% | -5.83% | -4.43% | 4.73% | 5.32% | 1.25% | 4.99% | -0.20% | 0.32% | 2.20% | 1.77% | 7.23% |
| 2024 | -2.83% | 4.95% | 6.10% | -5.82% | 4.48% | -4.13% | 6.04% | 0.43% | 1.16% | -1.78% | 8.61% | -20.45% | -6.69% |
| 2023 | 10.42% | -3.32% | -5.37% | 0.54% | -3.42% | 9.07% | 6.64% | -2.15% | -4.20% | -5.22% | 8.33% | 8.65% | 19.32% |
| 2022 | -3.43% | 0.59% | 3.30% | -5.38% | 3.46% | -11.41% | 8.70% | -3.78% | -11.37% | 12.89% | 6.28% | -5.32% | -8.35% |
| 2021 | 1.03% | 8.05% | 6.76% | 5.07% | 3.00% | -2.07% | -0.81% | 2.55% | -3.91% | 5.57% | -3.99% | 7.81% | 31.94% |
Benchmark Metrics
Fidelity Advisor Value Strategies Fund Class C has an annualized alpha of -0.69%, beta of 0.93, and R2 of 0.60 versus S&P 500 Index. Calculated based on daily prices since December 31, 1993.
- This fund participated in 112.99% of S&P 500 Index downside but only 102.97% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 0.93 and R2 of 0.60, 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
- -0.69%
- Beta
- 0.93
- R²
- 0.60
- Upside Capture
- 102.97%
- Downside Capture
- 112.99%
Expense Ratio
FVCSX has a high expense ratio of 1.92%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
FVCSX ranks 89 for risk / return — above 89% of mutual funds peers on PortfoliosLab. Its historical combined result is among the stronger results in the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Fidelity Advisor Value Strategies Fund Class C (FVCSX) 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.
| FVCSX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.88 | ||
| Sortino ratioReturn per unit of downside risk | +1.28 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.25 | +0.14 |
| Calmar ratioReturn relative to maximum drawdown | 3.93 | 2.00 | +1.92 |
| Martin ratioReturn relative to average drawdown | 15.12 | 8.49 | +6.63 |
Dividends
Dividend History
Fidelity Advisor Value Strategies Fund Class C provided a 10.20% dividend yield over the last twelve months, with an annual payout of $4.21 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $4.21 | $4.21 | $0.00 | $1.08 | $0.70 | $3.43 | $0.10 | $1.50 | $4.07 | $2.77 | $7.52 | $0.14 |
Dividend yield | 10.20% | 13.08% | 0.00% | 2.96% | 2.23% | 9.80% | 0.33% | 5.50% | 18.83% | 8.78% | 25.66% | 0.43% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Value Strategies Fund Class C. 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 | $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 | $4.21 | $4.21 |
| 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 | $1.08 | $1.08 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.70 | $0.70 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.43 | $3.43 |
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 Value Strategies 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 Value Strategies Fund Class C was 70.38%, occurring on Mar 9, 2009. Recovery took 991 trading sessions.
The current Fidelity Advisor Value Strategies Fund Class C drawdown is 0.94%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-70.38%Mar 2009 | 1y 7mo | 3y 11mo | 5y 7moJul 2007 - Feb 2013 | Financial crisis2007–2009 |
-48.07%Mar 2020 | 2mo 2d | 8mo 6d | 10mo 8dJan 2020 - Nov 2020 | COVID crash2020 |
-44.14%Oct 2002 | 4y 11mo | 11mo 4d | 5y 10moOct 1997 - Sep 2003 | Dot-com crash2000–2002 |
-37.07%Apr 2025 | 4mo 13d | 1y 22d | 1y 5moNov 2024 - Apr 2026 | 2025 selloff2025 |
-26.05%Dec 2018 | 10mo 29d | 10mo 18d | 1y 9moJan 2018 - Nov 2019 | Rate-hike selloffLate 2018 |
Drawdown Indicators
| FVCSX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.38% | -56.78% | -13.60% |
Max Drawdown (1Y)Largest decline over 1 year | -9.89% | -9.10% | -0.79% |
Max Drawdown (3Y)Largest decline over 3 years | -37.07% | -18.90% | -18.17% |
Max Drawdown (5Y)Largest decline over 5 years | -37.07% | -25.43% | -11.64% |
Max Drawdown (10Y)Largest decline over 10 years | -48.07% | -33.92% | -14.15% |
Current DrawdownCurrent decline from peak | -0.94% | -1.58% | +0.64% |
Average DrawdownAverage peak-to-trough decline | -11.14% | -10.70% | -0.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.58% | 2.14% | +0.44% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with FVCSX
Add Fidelity Advisor Value Strategies Fund Class C 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 FVCSX