- ISIN
- US31641Q6492
- Issuer
- Fidelity
- Inception Date
- May 1, 2019
- Category
- Large Cap Blend Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
FWOEX Performance Chart
Fidelity Advisor Women's Leadership Fund Class M (FWOEX) is up 15.0% since the beginning of the year. FWOEX is currently trading at $21 per share. Investors who bought $1,000 worth of FWOEX shares 5 years ago would now be looking at an investment worth $1,559.
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Returns By Period
Fidelity Advisor Women's Leadership Fund Class M (FWOEX) has returned 15.00% so far this year and 35.71% over the past 12 months.
Fidelity Advisor Women's Leadership Fund Class M
- 1D
- 1.10%
- 1M
- 3.28%
- YTD
- 15.00%
- 6M
- 14.54%
- 1Y
- 35.71%
- 3Y*
- 17.81%
- 5Y*
- 9.29%
- 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%
FWOEX Monthly Returns History
Based on dividend-adjusted daily data since May 21, 2019, FWOEX's average daily return is +0.06%, while the average monthly return is +1.17%. At this rate, an investment would double in approximately 5.0 years.
Historically, 62% of months were positive and 38% were negative. The best month was Apr 2020 with a return of +14.0%, while the worst month was Mar 2020 at -16.0%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 3 months.
On a daily basis, FWOEX closed higher 53% of trading days. The best single day was Mar 24, 2020 with a return of +9.9%, while the worst single day was Mar 16, 2020 at -13.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.64% | -0.05% | -5.95% | 12.60% | 6.01% | 0.83% | 15.00% | ||||||
| 2025 | 3.74% | -3.66% | -6.65% | -0.76% | 7.24% | 5.02% | 2.83% | 1.78% | 3.21% | 3.22% | 1.32% | 0.59% | 18.49% |
| 2024 | -0.20% | 5.37% | 4.34% | -5.07% | 3.68% | 0.74% | 1.64% | 1.38% | 2.13% | -2.77% | 5.53% | -5.07% | 11.52% |
| 2023 | 8.20% | -1.99% | 0.90% | -0.74% | -0.52% | 6.48% | 2.97% | -2.20% | -6.25% | -3.07% | 9.90% | 6.54% | 20.54% |
| 2022 | -8.61% | -2.29% | 1.84% | -8.50% | -0.46% | -8.03% | 9.48% | -4.40% | -9.37% | 9.82% | 6.62% | -5.71% | -20.22% |
| 2021 | -0.59% | 3.77% | 3.71% | 4.68% | -0.33% | 2.93% | 0.91% | 2.56% | -5.38% | 6.87% | -3.34% | 2.28% | 18.88% |
Benchmark Metrics
Fidelity Advisor Women's Leadership Fund Class M has an annualized alpha of -1.21%, beta of 1.00, and R2 of 0.94 versus S&P 500 Index. Calculated based on daily prices since May 21, 2019.
- This fund participated in 108.48% of S&P 500 Index downside but only 102.33% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 1.00 and R2 of 0.94, 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
- -1.21%
- Beta
- 1.00
- R²
- 0.94
- Upside Capture
- 102.33%
- Downside Capture
- 108.48%
Expense Ratio
FWOEX has a high expense ratio of 1.35%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
FWOEX ranks 81 for risk / return — in the top 81% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Advisor Women's Leadership Fund Class M (FWOEX) 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.
| FWOEX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.50 | ||
| Sortino ratioReturn per unit of downside risk | +0.67 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.37 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.43 | 2.78 | +0.64 |
| Martin ratioReturn relative to average drawdown | 16.42 | 12.44 | +3.98 |
Dividends
Dividend History
Fidelity Advisor Women's Leadership Fund Class M provided a 4.52% dividend yield over the last twelve months, with an annual payout of $0.96 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.96 | $1.01 | $0.00 | $0.03 | $0.04 | $0.35 | $0.00 | $0.01 |
Dividend yield | 4.52% | 5.38% | 0.00% | 0.19% | 0.30% | 2.22% | 0.01% | 0.08% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Advisor Women's Leadership Fund Class M. 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 | $0.53 | $0.53 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.59 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $1.01 |
| 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 | $0.03 | $0.03 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.04 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.35 |
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 Women's Leadership Fund Class M. 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 Women's Leadership Fund Class M was 36.54%, occurring on Mar 23, 2020. Recovery took 94 trading sessions.
The current Fidelity Advisor Women's Leadership Fund Class M drawdown is 0.69%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -36.54%Mar 2020 | 1mo 2d | 4mo 15d | 5mo 17dFeb 2020 - Aug 2020 |
Bear market2022 | -30.32%Sep 2022 | 10mo 25d | 1y 5mo | 2y 4moNov 2021 - Mar 2024 |
2025 selloff2025 | -22.73%Apr 2025 | 4mo 4d | 3mo 15d | 7mo 19dDec 2024 - Jul 2025 |
2026 correction2026 | -10.34%Mar 2026 | 1mo 18d | 15d | 2mo 3dFeb 2026 - Apr 2026 |
2024 pullback2024 | -9.23%Aug 2024 | 19d | 1mo 15d | 2mo 4dJul 2024 - Sep 2024 |
Drawdown Indicators
| FWOEX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.54% | -56.78% | +20.24% |
Max Drawdown (1Y)Largest decline over 1 year | -10.34% | -9.10% | -1.24% |
Max Drawdown (3Y)Largest decline over 3 years | -22.73% | -18.90% | -3.83% |
Max Drawdown (5Y)Largest decline over 5 years | -30.32% | -25.43% | -4.89% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.69% | -1.80% | +1.11% |
Average DrawdownAverage peak-to-trough decline | -7.59% | -10.71% | +3.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.16% | 2.03% | +0.13% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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