Fidelity Advisor Value Fund Class Z (FVLZX) 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 FVLZX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FVLZX
FVLZX charges 0.75% annually. There are 29 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 | FVLZX vs FIMVX | |
| Vanguard Mid-Cap Value Index Fund Admiral Shares | 0.07% | 36.60B | Sep 2011 | FVLZX vs VMVAX | |
| Vanguard S&P Mid-Cap 400 Value Index Fund Institut... | 0.08% | — | Nov 2010 | FVLZX vs VMFVX | |
| Victory Integrity Small/Mid-Cap Value Fund | 0.09% | — | Jul 2011 | FVLZX vs MYISX | |
| Vanguard Mid-Cap Value Index Fund | 0.19% | — | Aug 2006 | FVLZX vs VMVIX |
Best Risk-Adjusted Alternatives to FVLZX
FVLZX has a PortfoliosLab risk / return rank of 73. There are 26 mutual funds in the Mid Cap Value Equities category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Ceredex Mid-Cap Value Equity Fund | 92 | — | Nov 2001 | FVLZX vs SMVTX | |
| Harbor Mid Cap Value Fund | 88 | — | Mar 2002 | FVLZX vs HAMVX | |
| Columbia Select Mid Cap Value Fund | 88 | — | Nov 2001 | FVLZX vs NAMAX | |
| Delaware Opportunity Fund | 87 | — | Aug 1992 | FVLZX vs FIUSX | |
| PGIM Quant Solutions Mid-Cap Value Fund | 85 | — | Aug 1998 | FVLZX vs NCBVX |
Top Performing FVLZX Alternatives (YTD)
FVLZX is at 19.83% YTD. There are 21 mutual funds in the Mid Cap Value Equities category with higher YTD returns, going as high as 25.14%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Ceredex Mid-Cap Value Equity Fund | 25.14% | — | Nov 2001 | FVLZX vs SMVTX | |
| Invesco V.I. American Value Fund | 24.46% | — | Jan 1997 | FVLZX vs UMCVX | |
| Invesco Value Opportunities Fund Class Y | 24.28% | — | Mar 2005 | FVLZX vs VVOIX | |
| Fidelity Value Strategies Fund | 24.18% | — | Dec 1983 | FVLZX vs FSLSX | |
| Fidelity Advisor Value Strategies Fund Class I | 24.15% | — | Jul 1995 | FVLZX vs FASOX |
Lowest Volatility Alternatives to FVLZX
FVLZX has 16.49% 1-year volatility. There are 84 mutual funds in the Mid Cap Value Equities category with lower 1-year volatility, going as low as 11.64%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Mid-Cap Value Index Fund Admiral Shares | 11.64% | 36.60B | Sep 2011 | FVLZX vs VMVAX | |
| Vanguard Mid-Cap Value Index Fund | 11.65% | — | Aug 2006 | FVLZX vs VMVIX | |
| Nuance Mid Cap Value Fund | 11.66% | — | Dec 2013 | FVLZX vs NMAVX | |
| American Century Mid Cap Value Fund | 11.98% | 5.65B | Mar 2004 | FVLZX vs ACMVX | |
| American Century Mid Cap Value Fund A Class | 12.00% | — | Mar 2004 | FVLZX vs ACLAX |
Lowest Drawdown Alternatives to FVLZX
FVLZX has a 1-year max drawdown of -9.92%. There are 82 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 | FVLZX vs NCBVX | |
| Glenmede Quantitative U.S. Total Market Equity Por... | -6.51% | — | Dec 2006 | FVLZX vs GTTMX | |
| Delaware Opportunity Fund | -6.75% | — | Aug 1992 | FVLZX vs FIUSX | |
| Harbor Mid Cap Value Fund | -6.84% | — | Mar 2002 | FVLZX vs HAMVX | |
| Vanguard Mid-Cap Value Index Fund Admiral Shares | -6.95% | 36.60B | Sep 2011 | FVLZX vs VMVAX |
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 | 65 | 9.79% | — | Feb 1988 | FVLZX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 96 | 89.12% | — | Jul 1985 | FVLZX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 65 | 10.41% | — | — | FVLZX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 64 | 10.43% | — | — | FVLZX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 21 | 3.18% | — | — | FVLZX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 68 | 16.84% | — | Dec 1987 | FVLZX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 37 | 8.62% | 176.32B | May 1967 | FVLZX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 62 | 9.63% | — | — | FVLZX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 39 | 10.74% | — | Nov 1997 | FVLZX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 66 | 15.70% | — | Jun 2016 | FVLZX vs FTIHX |
Often Compared With FVLZX
Investors most often compare FVLZX with PVMIX, FASPX, RSVAX. These 9 comparison targets span 1 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Principal MidCap Value Fund I | Mid Cap Value Equities | 44 | 12.75% | — | Dec 2003 | FVLZX vs PVMIX | |
| Fidelity Advisor Value Strategies Fund Class M | Mid Cap Value Equities | 79 | 23.85% | — | Aug 1986 | FVLZX vs FASPX | |
| Victory RS Value Fund | Mid Cap Value Equities | 19 | 6.30% | — | Jun 1993 | FVLZX vs RSVAX | |
| Fidelity Advisor Value Strategies Fund Class C | Mid Cap Value Equities | 77 | 23.56% | — | Aug 2001 | FVLZX vs FVCSX | |
| Nuveen Multi Cap Value Fund | Mid Cap Value Equities | 84 | 14.86% | — | Nov 1997 | FVLZX vs NQVRX | |
| Frank Value Fund | Mid Cap Value Equities | 26 | 9.96% | — | Jul 2004 | FVLZX vs FRNKX | |
| Fidelity Advisor Value Strategies Fund Class A | Mid Cap Value Equities | 34 | 23.99% | — | Sep 1996 | FVLZX vs FSOAX | |
| Ariel Focus Fund | Mid Cap Value Equities | 75 | 8.39% | — | Jun 2005 | FVLZX vs ARFFX | |
| Invesco Value Opportunities Fund | Mid Cap Value Equities | 85 | 24.13% | — | Jun 2001 | FVLZX vs VVOAX |
Compare FVLZX with Any Fund or Stock
Compare FVLZX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FVLZX with funds that move differently
Fidelity Advisor Value Fund Class Z alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FVLZX.
Explore FVLZX Diversifiers