- ISIN
- US3159203484
- Issuer
- Fidelity
- Inception Date
- Jun 17, 2003
- Category
- Large Cap Value Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
FVLAX Performance Chart
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Returns By Period
Fidelity Advisor Value Leaders Fund Class A
- 1D
- —
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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%
FVLAX Monthly Returns History
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.95% | -0.25% | 0.20% | -2.62% | 1.12% | 2.76% | -1.86% | 3.33% | 1.22% | 0.00% | 4.80% | ||
| 2024 | -0.37% | 2.63% | 4.81% | -3.37% | 2.08% | -1.91% | 4.43% | 2.21% | -0.80% | -1.84% | 5.61% | -8.33% | 4.34% |
| 2023 | 2.56% | -5.04% | -1.02% | 2.95% | -3.82% | 4.27% | 4.72% | -3.41% | -0.90% | -2.33% | 5.16% | 4.25% | 6.82% |
| 2022 | -0.52% | 0.38% | 1.46% | -4.14% | 3.20% | -7.28% | 4.86% | -1.26% | -7.49% | 10.89% | 5.20% | -2.66% | 1.10% |
| 2021 | -0.60% | 2.79% | 7.39% | 4.11% | 2.57% | -1.76% | 1.23% | 2.56% | -3.73% | 4.86% | -3.96% | 7.47% | 24.51% |
Benchmark Metrics
Fidelity Advisor Value Leaders Fund Class A has an annualized alpha of -2.97%, beta of 0.97, and R2 of 0.84 versus S&P 500 Index. Calculated based on daily prices since January 08, 2003.
- This fund participated in 102.44% of S&P 500 Index downside but only 85.41% of its upside - more exposed to losses than it benefited from rallies.
- This fund had an annualized alpha of -2.97% versus S&P 500 Index - delivering less than market exposure alone would predict.
- With beta of 0.97 and R2 of 0.84, 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
- -2.97%
- Beta
- 0.97
- R²
- 0.84
- Upside Capture
- 85.41%
- Downside Capture
- 102.44%
Expense Ratio
FVLAX has a high expense ratio of 1.15%, indicating above-average management fees.
Return for Risk
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Advisor Value Leaders Fund Class A (FVLAX) 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.
| FVLAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.37 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.78 | — |
| Martin ratioReturn relative to average drawdown | — | 12.44 | — |
Dividends
Dividend History
Fidelity Advisor Value Leaders Fund Class A provided a 2.48% dividend yield over the last twelve months, with an annual payout of $0.51 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.51 | $2.28 | $1.13 | $0.40 | $1.60 | $0.11 | $0.29 | $1.47 | $0.13 | $0.08 | $0.02 |
Dividend yield | 2.48% | 11.39% | 5.28% | 1.87% | 7.54% | 0.61% | 1.48% | 8.96% | 0.64% | 0.45% | 0.11% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Value Leaders 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.51 | $0.00 | $0.51 | ||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.28 | $2.28 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.13 | $1.13 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 | $0.40 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.60 | $1.60 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.11 |
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 Value Leaders 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 Value Leaders Fund Class A was 64.14%, occurring on Mar 9, 2009. Recovery took 1274 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -64.14%Mar 2009 | 1y 7mo | 5y 23d | 6y 8moJul 2007 - Mar 2014 |
COVID crash2020 | -42.01%Mar 2020 | 2mo 20d | 11mo 20d | 1y 2moJan 2020 - Mar 2021 |
Rate-hike selloffLate 2018 | -19.11%Dec 2018 | 10mo 29d | 11mo 6d | 1y 10moJan 2018 - Nov 2019 |
2016 correction2016 | -18.57%Feb 2016 | 6mo 26d | 10mo | 1y 4moJul 2015 - Dec 2016 |
2003 correction2003 | -17.12%Aug 2003 | 1mo 19d | 5mo 6d | 6mo 25dJun 2003 - Jan 2004 |
Drawdown Indicators
| FVLAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | — | -56.78% | — |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | — | -1.80% | — |
Average DrawdownAverage peak-to-trough decline | — | -10.71% | — |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.03% | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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