FCCVX vs. FICVX

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Advisor Convertible Securities Fund Class C (FCCVX) and Fidelity Advisor Convertible Securities Fund Class I (FICVX).

FCCVX is managed by Fidelity. It was launched on Feb 19, 2009. FICVX is managed by Fidelity. It was launched on Feb 19, 2009.

Performance

FCCVX vs. FICVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Convertible Securities Fund Class C (FCCVX) and Fidelity Advisor Convertible Securities Fund Class I (FICVX). The values are adjusted to include any dividend payments, if applicable.

FCCVX vs. FICVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FCCVX Fidelity Advisor Convertible Securities Fund Class C	1.14%	17.04%	7.28%	10.24%	-16.22%	8.77%	41.00%	27.26%	-2.32%	8.22%
FICVX Fidelity Advisor Convertible Securities Fund Class I	1.37%	18.28%	8.11%	11.39%	-15.38%	9.93%	42.46%	28.58%	-1.31%	9.03%

Returns By Period

In the year-to-date period, FCCVX achieves a 1.14% return, which is significantly lower than FICVX's 1.37% return. Over the past 10 years, FCCVX has underperformed FICVX with an annualized return of 10.03%, while FICVX has yielded a comparatively higher 11.11% annualized return.

FCCVX

• 1D: -1.68%
• 1M: -5.66%
• YTD: 1.14%
• 6M: 2.02%
• 1Y: 23.28%
• 3Y*: 10.49%
• 5Y*: 4.24%
• 10Y*: 10.03%

FICVX

• 1D: -1.71%
• 1M: -5.61%
• YTD: 1.37%
• 6M: 2.53%
• 1Y: 24.52%
• 3Y*: 11.55%
• 5Y*: 5.27%
• 10Y*: 11.11%

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

FCCVX vs. FICVX - Expense Ratio Comparison

FCCVX has a 1.74% expense ratio, which is higher than FICVX's 0.70% expense ratio.

FCCVX

Fidelity Advisor Convertible Securities Fund Class C

FICVX

Fidelity Advisor Convertible Securities Fund Class I

Return for Risk

FCCVX vs. FICVX — Risk / Return Rank

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

FCCVX

FCCVX Risk / Return Rank: 83
FCCVX Sharpe Ratio Rank: 80
FCCVX Sortino Ratio Rank: 80
FCCVX Omega Ratio Rank: 73
FCCVX Calmar Ratio Rank: 92
FCCVX Martin Ratio Rank: 90

FICVX

FICVX Risk / Return Rank: 85
FICVX Sharpe Ratio Rank: 82
FICVX Sortino Ratio Rank: 82
FICVX Omega Ratio Rank: 76
FICVX Calmar Ratio Rank: 93
FICVX Martin Ratio Rank: 92

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.

FCCVX vs. FICVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Convertible Securities Fund Class C (FCCVX) and Fidelity Advisor Convertible Securities Fund Class I (FICVX). 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.

	FCCVX	FICVX	Difference
Sharpe ratio Return per unit of total volatility	1.47	1.55	-0.08
Sortino ratio Return per unit of downside risk	2.02	2.11	-0.10
Omega ratio Gain probability vs. loss probability	1.27	1.29	-0.01
Calmar ratio Return relative to maximum drawdown	2.71	2.87	-0.16
Martin ratio Return relative to average drawdown	10.09	10.86	-0.77
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FCCVX vs. FICVX - Sharpe Ratio Comparison

The current FCCVX Sharpe Ratio is 1.47, which is comparable to the FICVX Sharpe Ratio of 1.55. The chart below compares the historical Sharpe Ratios of FCCVX and FICVX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FCCVX	FICVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.47	1.55	-0.08
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.32	0.40	-0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.75	0.83	-0.08
Sharpe Ratio (All Time) Calculated using the full available price history	0.86	0.95	-0.08

Correlation

The correlation between FCCVX and FICVX is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

FCCVX vs. FICVX - Dividend Comparison

FCCVX's dividend yield for the trailing twelve months is around 10.35%, less than FICVX's 11.23% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FCCVX Fidelity Advisor Convertible Securities Fund Class C	10.35%	10.47%	1.32%	1.12%	2.62%	19.63%	9.96%	2.31%	8.75%	3.35%	3.85%	9.24%
FICVX Fidelity Advisor Convertible Securities Fund Class I	11.23%	11.38%	2.02%	2.12%	3.73%	20.65%	10.73%	3.28%	9.85%	4.09%	4.90%	10.39%

Drawdowns

FCCVX vs. FICVX - Drawdown Comparison

The maximum FCCVX drawdown since its inception was -25.13%, roughly equal to the maximum FICVX drawdown of -25.06%. Use the drawdown chart below to compare losses from any high point for FCCVX and FICVX.

Drawdown Indicators

	FCCVX	FICVX	Difference
Max Drawdown Largest peak-to-trough decline	-25.13%	-25.06%	-0.07%
Max Drawdown (1Y) Largest decline over 1 year	-7.75%	-7.75%	0.00%
Max Drawdown (5Y) Largest decline over 5 years	-24.66%	-24.20%	-0.46%
Max Drawdown (10Y) Largest decline over 10 years	-25.13%	-25.06%	-0.07%
Current Drawdown Current decline from peak	-6.87%	-6.80%	-0.07%
Average Drawdown Average peak-to-trough decline	-6.24%	-5.68%	-0.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.08%	2.05%	+0.03%

Volatility

FCCVX vs. FICVX - Volatility Comparison

Fidelity Advisor Convertible Securities Fund Class C (FCCVX) and Fidelity Advisor Convertible Securities Fund Class I (FICVX) have volatilities of 6.32% and 6.34%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FCCVX	FICVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.32%	6.34%	-0.02%
Volatility (6M) Calculated over the trailing 6-month period	12.07%	12.08%	-0.01%
Volatility (1Y) Calculated over the trailing 1-year period	15.64%	15.65%	-0.01%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.34%	13.36%	-0.02%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.50%	13.50%	0.00%