FCAGX vs. WMKSX

Last updated Jun 24, 2026

FCAGX (Fidelity Advisor Small Cap Growth Fund Class A) and WMKSX (WesMark Small Company Fund) are both Small Cap Growth Equities funds. Over the past 10 years, FCAGX returned 15.36%/yr vs 14.18%/yr for WMKSX. Their correlation of 0.92 suggests significant overlap in exposure. FCAGX charges 1.29%/yr vs 1.24%/yr for WMKSX.

Performance

FCAGX vs. WMKSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Small Cap Growth Fund Class A (FCAGX) and WesMark Small Company Fund (WMKSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FCAGX achieves a 25.08% return, which is significantly higher than WMKSX's 20.89% return. Over the past 10 years, FCAGX has outperformed WMKSX with an annualized return of 15.36%, while WMKSX has yielded a comparatively lower 14.18% annualized return.

FCAGX

• 1D: 1.21%
• 1M: 7.46%
• YTD: 25.08%
• 6M: 21.38%
• 1Y: 44.42%
• 3Y*: 22.50%
• 5Y*: 8.36%
• 10Y*: 15.36%

WMKSX

• 1D: 0.17%
• 1M: 5.31%
• YTD: 20.89%
• 6M: 18.78%
• 1Y: 35.88%
• 3Y*: 25.78%
• 5Y*: 11.59%
• 10Y*: 14.18%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FCAGX vs. WMKSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FCAGX Fidelity Advisor Small Cap Growth Fund Class A	25.08%	10.88%	20.21%	18.72%	-25.57%	10.19%	36.01%	35.97%	-4.85%	28.62%
WMKSX WesMark Small Company Fund	20.89%	16.19%	22.12%	19.42%	-20.72%	22.81%	36.78%	20.32%	-13.92%	13.21%

Correlation

The correlation between FCAGX and WMKSX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.92
Correlation (10Y) Calculated over the trailing 10-year period	0.91
Correlation (All Time) Calculated using the full available price history since Nov 4, 2004	0.92

The correlation between FCAGX and WMKSX has been stable across timeframes, ranging from 0.90 to 0.92 - a consistent structural relationship.

Return for Risk

FCAGX vs. WMKSX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FCAGX

FCAGX Risk / Return Rank: 62
FCAGX Sharpe Ratio Rank: 57
FCAGX Sortino Ratio Rank: 50
FCAGX Omega Ratio Rank: 46
FCAGX Calmar Ratio Rank: 80
FCAGX Martin Ratio Rank: 79

WMKSX

WMKSX Risk / Return Rank: 69
WMKSX Sharpe Ratio Rank: 60
WMKSX Sortino Ratio Rank: 58
WMKSX Omega Ratio Rank: 49
WMKSX Calmar Ratio Rank: 90
WMKSX Martin Ratio Rank: 85

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FCAGX vs. WMKSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Small Cap Growth Fund Class A (FCAGX) and WesMark Small Company Fund (WMKSX). 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.

	FCAGX	WMKSX	Difference
Sharpe ratio: Return per unit of total volatility	2.05	2.11	-0.05
Sortino ratio: Return per unit of downside risk	2.74	2.93	-0.19
Omega ratio: Gain probability vs. loss probability	1.34	1.35	-0.01
Calmar ratio: Return relative to maximum drawdown	3.46	4.43	-0.97
Martin ratio: Return relative to average drawdown	13.80	14.85	-1.05

FCAGX vs. WMKSX - Sharpe Ratio Comparison

The current FCAGX Sharpe Ratio is 2.05, which is comparable to the WMKSX Sharpe Ratio of 2.11. The chart below compares the historical Sharpe Ratios of FCAGX and WMKSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FCAGX vs. WMKSX - Drawdown Comparison

The maximum FCAGX drawdown since its inception was -61.19%, roughly equal to the maximum WMKSX drawdown of -64.09%. Use the drawdown chart below to compare losses from any high point for FCAGX and WMKSX.

Drawdown Indicators

	FCAGX	WMKSX	Difference
Max Drawdown Largest peak-to-trough decline	-61.19%	-64.09%	+2.90%
Max Drawdown (1Y) Largest decline over 1 year	-13.19%	-8.50%	-4.69%
Max Drawdown (3Y) Largest decline over 3 years	-28.76%	-24.20%	-4.56%
Max Drawdown (5Y) Largest decline over 5 years	-39.13%	-39.84%	+0.71%
Max Drawdown (10Y) Largest decline over 10 years	-39.13%	-39.84%	+0.71%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-11.46%	-15.66%	+4.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.30%	2.53%	+0.77%

Volatility

FCAGX vs. WMKSX - Volatility Comparison

Fidelity Advisor Small Cap Growth Fund Class A (FCAGX) has a higher volatility of 7.85% compared to WesMark Small Company Fund (WMKSX) at 4.52%. This indicates that FCAGX's price experiences larger fluctuations and is considered to be riskier than WMKSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FCAGX	WMKSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.85%	4.52%	+3.33%
Volatility (6M) Calculated over the trailing 6-month period	17.33%	12.32%	+5.01%
Volatility (1Y) Calculated over the trailing 1-year period	22.28%	17.93%	+4.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.67%	26.13%	-2.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.95%	23.99%	-1.04%

FCAGX vs. WMKSX - Expense Ratio Comparison

FCAGX has a 1.29% expense ratio, which is higher than WMKSX's 1.24% expense ratio.

Dividends

FCAGX vs. WMKSX - Dividend Comparison

FCAGX's dividend yield for the trailing twelve months is around 5.55%, less than WMKSX's 18.95% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FCAGX Fidelity Advisor Small Cap Growth Fund Class A	5.55%	6.94%	1.20%	0.00%	0.00%	20.36%	8.58%	5.58%	14.80%	7.05%	0.79%	4.32%
WMKSX WesMark Small Company Fund	18.95%	22.91%	4.69%	5.93%	6.23%	25.75%	8.21%	0.00%	12.53%	8.59%	5.26%	6.57%

Frequently Asked Questions

Can I hold both FCAGX and WMKSX in my portfolio?

With a correlation of 0.90, FCAGX and WMKSX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FCAGX or WMKSX?

FCAGX has higher volatility (7.85%) compared to WMKSX (4.52%). In terms of maximum drawdown, FCAGX dropped -61.19% vs WMKSX's -64.09%.

Which has better risk-adjusted returns?

WMKSX currently has the higher Sharpe Ratio (2.11 vs 2.05), 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.