FCIGX vs. WMKSX

Last updated Jun 4, 2026

FCIGX (Fidelity Advisor Small Cap Growth Fund Class I) and WMKSX (WesMark Small Company Fund) are both Small Cap Growth Equities funds. Over the past 10 years, FCIGX returned 14.70%/yr vs 13.28%/yr for WMKSX. Their correlation of 0.92 suggests significant overlap in exposure. FCIGX charges 1.04%/yr vs 1.24%/yr for WMKSX.

Performance

FCIGX vs. WMKSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Small Cap Growth Fund Class I (FCIGX) 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, FCIGX achieves a 18.54% return, which is significantly higher than WMKSX's 15.68% return. Over the past 10 years, FCIGX has outperformed WMKSX with an annualized return of 14.70%, while WMKSX has yielded a comparatively lower 13.28% annualized return.

FCIGX

• 1D: 0.80%
• 1M: 4.19%
• YTD: 18.54%
• 6M: 16.58%
• 1Y: 37.95%
• 3Y*: 20.78%
• 5Y*: 8.33%
• 10Y*: 14.70%

WMKSX

• 1D: 0.60%
• 1M: 2.80%
• YTD: 15.68%
• 6M: 13.63%
• 1Y: 31.01%
• 3Y*: 23.77%
• 5Y*: 10.53%
• 10Y*: 13.28%

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

FCIGX vs. WMKSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FCIGX Fidelity Advisor Small Cap Growth Fund Class I	18.54%	11.17%	20.53%	19.01%	-25.35%	10.45%	36.36%	36.31%	-4.57%	28.97%
WMKSX WesMark Small Company Fund	15.68%	16.19%	22.12%	19.42%	-20.72%	22.81%	36.78%	20.32%	-13.92%	13.21%

Correlation

The correlation between FCIGX and WMKSX is 0.91, 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	0.91
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 11, 2004	0.92

The correlation between FCIGX and WMKSX has been stable across timeframes, ranging from 0.91 to 0.92 - a consistent structural relationship.

Return for Risk

FCIGX vs. WMKSX — Risk / Return Rank

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

FCIGX

FCIGX Risk / Return Rank: 48
FCIGX Sharpe Ratio Rank: 42
FCIGX Sortino Ratio Rank: 38
FCIGX Omega Ratio Rank: 36
FCIGX Calmar Ratio Rank: 63
FCIGX Martin Ratio Rank: 62

WMKSX

WMKSX Risk / Return Rank: 54
WMKSX Sharpe Ratio Rank: 42
WMKSX Sortino Ratio Rank: 40
WMKSX Omega Ratio Rank: 37
WMKSX Calmar Ratio Rank: 84
WMKSX Martin Ratio Rank: 69

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.

FCIGX vs. WMKSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Small Cap Growth Fund Class I (FCIGX) 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.

	FCIGX	WMKSX	Difference
Sharpe ratio: Return per unit of total volatility	1.89	1.90	-0.01
Sortino ratio: Return per unit of downside risk	2.58	2.68	-0.10
Omega ratio: Gain probability vs. loss probability	1.32	1.32	0.00
Calmar ratio: Return relative to maximum drawdown	3.05	3.96	-0.91
Martin ratio: Return relative to average drawdown	12.29	13.23	-0.93
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FCIGX vs. WMKSX - Sharpe Ratio Comparison

The current FCIGX Sharpe Ratio is 1.89, which is comparable to the WMKSX Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of FCIGX 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.

Sharpe Ratios by Period

	FCIGX	WMKSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.89	1.90	-0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.36	0.41	-0.05
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.65	0.56	+0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.37	+0.14

Drawdowns

FCIGX vs. WMKSX - Drawdown Comparison

The maximum FCIGX drawdown since its inception was -61.04%, roughly equal to the maximum WMKSX drawdown of -64.09%. Use the drawdown chart below to compare losses from any high point for FCIGX and WMKSX.

Drawdown Indicators

	FCIGX	WMKSX	Difference
Max Drawdown Largest peak-to-trough decline	-61.04%	-64.09%	+3.05%
Max Drawdown (1Y) Largest decline over 1 year	-13.12%	-8.50%	-4.62%
Max Drawdown (3Y) Largest decline over 3 years	-28.69%	-24.20%	-4.49%
Max Drawdown (5Y) Largest decline over 5 years	-39.05%	-39.84%	+0.79%
Max Drawdown (10Y) Largest decline over 10 years	-39.05%	-39.84%	+0.79%
Current Drawdown Current decline from peak	-0.41%	-0.35%	-0.06%
Average Drawdown Average peak-to-trough decline	-11.34%	-15.68%	+4.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.25%	2.54%	+0.71%

Volatility

FCIGX vs. WMKSX - Volatility Comparison

Fidelity Advisor Small Cap Growth Fund Class I (FCIGX) has a higher volatility of 6.51% compared to WesMark Small Company Fund (WMKSX) at 4.76%. This indicates that FCIGX'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

	FCIGX	WMKSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.51%	4.76%	+1.75%
Volatility (6M) Calculated over the trailing 6-month period	16.32%	12.05%	+4.27%
Volatility (1Y) Calculated over the trailing 1-year period	21.19%	17.71%	+3.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.47%	26.10%	-2.63%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.84%	23.97%	-1.13%

FCIGX vs. WMKSX - Expense Ratio Comparison

FCIGX has a 1.04% expense ratio, which is lower than WMKSX's 1.24% expense ratio.

Dividends

FCIGX vs. WMKSX - Dividend Comparison

FCIGX's dividend yield for the trailing twelve months is around 5.37%, less than WMKSX's 19.80% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FCIGX Fidelity Advisor Small Cap Growth Fund Class I	5.37%	6.37%	1.36%	0.00%	0.00%	19.19%	8.16%	5.29%	14.29%	6.87%	0.76%	4.32%
WMKSX WesMark Small Company Fund	19.80%	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 FCIGX and WMKSX in my portfolio?

With a correlation of 0.91, FCIGX 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, FCIGX or WMKSX?

FCIGX has higher volatility (6.51%) compared to WMKSX (4.76%). In terms of maximum drawdown, FCIGX dropped -61.04% vs WMKSX's -64.09%.

Which has better risk-adjusted returns?

WMKSX currently has the higher Sharpe Ratio (1.90 vs 1.89), 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.