ARGFX vs. FVCSX
ARGFX (Ariel Fund) and FVCSX (Fidelity Advisor Value Strategies Fund Class C) are both Mid Cap Value Equities funds. Over the past 10 years, ARGFX returned 10.54%/yr vs 10.34%/yr for FVCSX. Their correlation of 0.81 means they have usually moved in the same direction. ARGFX charges 1.00%/yr vs 1.92%/yr for FVCSX.
Performance
ARGFX vs. FVCSX - Performance Comparison
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Returns By Period
In the year-to-date period, ARGFX achieves a 13.71% return, which is significantly lower than FVCSX's 28.24% return. Both investments have delivered pretty close results over the past 10 years, with ARGFX having a 10.54% annualized return and FVCSX not far behind at 10.34%.
ARGFX
- 1D
- -0.13%
- 1M
- 1.34%
- 6M
- 8.08%
- YTD
- 13.71%
- 1Y
- 27.30%
- 3Y*
- 13.24%
- 5Y*
- 6.92%
- 10Y*
- 10.54%
- ALL TIME*
- 10.93%
FVCSX
- 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%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
ARGFX Ariel Fund | $0.00 | $0.00 | $0.00 |
| $0.00 | $0.00 | $0.00 |
ARGFX vs. FVCSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ARGFX Ariel Fund | 13.71% | 14.08% | 11.56% | 15.78% | -18.68% | 30.29% | 10.05% | 24.64% | -13.59% | 15.99% |
FVCSX Fidelity Advisor Value Strategies Fund Class C | 28.24% | 7.23% | -6.69% | 19.32% | -8.35% | 31.94% | 7.10% | 33.09% | -17.58% | 16.92% |
Correlation
The correlation between ARGFX and FVCSX is 0.84, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.84 |
Correlation (3Y) Balances recent behavior with more history. | 0.88 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.90 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.91 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 1993 | 0.81 |
The correlation between ARGFX and FVCSX shifts across timeframes, from 0.81 (all time) to 0.91 (10 years), reflecting how their relationship changes across market environments.
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Return for Risk
ARGFX vs. FVCSX — Risk / Return Rank
ARGFX
FVCSX
ARGFX vs. FVCSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ariel Fund (ARGFX) and Fidelity Advisor Value Strategies Fund Class C (FVCSX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
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.
| ARGFX | FVCSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.94 | ||
| Sortino ratioReturn per unit of downside risk | -1.20 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.39 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.06 | 3.93 | -1.86 |
| Martin ratioReturn relative to average drawdown | 6.06 | 15.12 | -9.06 |
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Drawdowns
ARGFX vs. FVCSX - Drawdown Comparison
The maximum ARGFX drawdown since its inception was -71.02%, roughly equal to the maximum FVCSX drawdown of -70.38%. Use the drawdown chart below to compare losses from any high point for ARGFX and FVCSX.
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Drawdown Indicators
| ARGFX | FVCSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -71.02% | -70.38% | -0.64% |
Max Drawdown (1Y)Largest decline over 1 year | -12.36% | -9.89% | -2.47% |
Max Drawdown (3Y)Largest decline over 3 years | -28.07% | -37.07% | +9.00% |
Max Drawdown (5Y)Largest decline over 5 years | -33.00% | -37.07% | +4.07% |
Max Drawdown (10Y)Largest decline over 10 years | -45.29% | -48.07% | +2.78% |
Current DrawdownCurrent decline from peak | -0.99% | -0.94% | -0.05% |
Average DrawdownAverage peak-to-trough decline | -8.43% | -11.14% | +2.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.21% | 2.58% | +1.63% |
Volatility
ARGFX vs. FVCSX - Volatility Comparison
Ariel Fund (ARGFX) has a higher volatility of 4.62% compared to Fidelity Advisor Value Strategies Fund Class C (FVCSX) at 3.27%. This indicates that ARGFX's price experiences larger fluctuations and is considered to be riskier than FVCSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ARGFX | FVCSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.62% | 3.27% | +1.35% |
Volatility (6M)Calculated over the trailing 6-month period | 13.69% | 11.74% | +1.95% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.93% | 17.02% | +1.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.44% | 20.97% | +1.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.70% | 22.13% | +0.57% |
ARGFX vs. FVCSX - Expense Ratio Comparison
ARGFX has a 1.00% expense ratio, which is lower than FVCSX's 1.92% expense ratio.
Dividends
ARGFX vs. FVCSX - Dividend Comparison
ARGFX's dividend yield for the trailing twelve months is around 10.38%, more than FVCSX's 10.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ARGFX Ariel Fund | 10.38% | 11.80% | 5.49% | 5.09% | 9.01% | 5.56% | 5.33% | 5.81% | 10.35% | 6.30% | 6.56% | 16.28% |
FVCSX Fidelity Advisor Value Strategies Fund Class C | 10.20% | 13.08% | 0.00% | 2.96% | 2.23% | 9.80% | 0.33% | 5.50% | 18.83% | 8.78% | 25.66% | 0.43% |
Frequently Asked Questions
ARGFX and FVCSX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ARGFX has higher volatility (4.62%) compared to FVCSX (3.27%). In terms of maximum drawdown, ARGFX dropped -71.02% vs FVCSX's -70.38%.
FVCSX currently has the higher Sharpe Ratio (2.29 vs 1.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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