FCMVX vs. HWMIX
Compare and contrast key facts about Fidelity Mid Cap Value K6 Fund (FCMVX) and Hotchkis & Wiley Mid-Cap Value Fund (HWMIX).
FCMVX is managed by Fidelity. It was launched on May 25, 2017. HWMIX is managed by Hotchkis & Wiley. It was launched on Jan 2, 1997.
Performance
FCMVX vs. HWMIX - Performance Comparison
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FCMVX vs. HWMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FCMVX Fidelity Mid Cap Value K6 Fund | 3.66% | 12.62% | 87.16% | 23.07% | -10.26% | 34.12% | 0.52% | 23.65% | -18.69% | 12.67% |
HWMIX Hotchkis & Wiley Mid-Cap Value Fund | 6.74% | 7.87% | 3.62% | 19.87% | 1.63% | 39.18% | 0.49% | 12.97% | -19.32% | 7.95% |
Returns By Period
In the year-to-date period, FCMVX achieves a 3.66% return, which is significantly lower than HWMIX's 6.74% return.
FCMVX
- 1D
- 2.92%
- 1M
- -6.62%
- YTD
- 3.66%
- 6M
- 8.52%
- 1Y
- 22.09%
- 3Y*
- 38.07%
- 5Y*
- 22.17%
- 10Y*
- —
HWMIX
- 1D
- 1.52%
- 1M
- -2.06%
- YTD
- 6.74%
- 6M
- 8.96%
- 1Y
- 22.13%
- 3Y*
- 12.01%
- 5Y*
- 9.76%
- 10Y*
- 9.08%
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FCMVX vs. HWMIX - Expense Ratio Comparison
FCMVX has a 0.45% expense ratio, which is lower than HWMIX's 1.01% expense ratio.
Return for Risk
FCMVX vs. HWMIX — Risk / Return Rank
FCMVX
HWMIX
FCMVX vs. HWMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Mid Cap Value K6 Fund (FCMVX) and Hotchkis & Wiley Mid-Cap Value Fund (HWMIX). 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.
| FCMVX | HWMIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.06 | 0.93 | +0.13 |
Sortino ratioReturn per unit of downside risk | 1.61 | 1.41 | +0.19 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.21 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.44 | 1.35 | +0.09 |
Martin ratioReturn relative to average drawdown | 5.84 | 5.49 | +0.35 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FCMVX | HWMIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.06 | 0.93 | +0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.37 | 0.44 | -0.07 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.36 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.33 | 0.47 | -0.14 |
Correlation
The correlation between FCMVX and HWMIX is 0.90, 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
FCMVX vs. HWMIX - Dividend Comparison
FCMVX's dividend yield for the trailing twelve months is around 4.77%, more than HWMIX's 1.31% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCMVX Fidelity Mid Cap Value K6 Fund | 4.77% | 6.68% | 76.67% | 1.29% | 1.68% | 1.39% | 2.19% | 1.68% | 2.99% | 0.77% | 0.00% | 0.00% |
HWMIX Hotchkis & Wiley Mid-Cap Value Fund | 1.31% | 1.39% | 1.15% | 0.28% | 0.49% | 1.28% | 2.25% | 1.60% | 2.99% | 6.72% | 1.53% | 14.67% |
Drawdowns
FCMVX vs. HWMIX - Drawdown Comparison
The maximum FCMVX drawdown since its inception was -44.63%, smaller than the maximum HWMIX drawdown of -69.84%. Use the drawdown chart below to compare losses from any high point for FCMVX and HWMIX.
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Drawdown Indicators
| FCMVX | HWMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -44.63% | -69.84% | +25.21% |
Max Drawdown (1Y)Largest decline over 1 year | -14.60% | -16.87% | +2.27% |
Max Drawdown (5Y)Largest decline over 5 years | -38.56% | -25.90% | -12.66% |
Max Drawdown (10Y)Largest decline over 10 years | — | -63.21% | — |
Current DrawdownCurrent decline from peak | -13.48% | -3.32% | -10.16% |
Average DrawdownAverage peak-to-trough decline | -9.44% | -10.89% | +1.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.60% | 4.15% | -0.55% |
Volatility
FCMVX vs. HWMIX - Volatility Comparison
Fidelity Mid Cap Value K6 Fund (FCMVX) has a higher volatility of 6.50% compared to Hotchkis & Wiley Mid-Cap Value Fund (HWMIX) at 4.30%. This indicates that FCMVX's price experiences larger fluctuations and is considered to be riskier than HWMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FCMVX | HWMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.50% | 4.30% | +2.20% |
Volatility (6M)Calculated over the trailing 6-month period | 12.02% | 12.42% | -0.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.54% | 23.86% | -2.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 60.56% | 22.34% | +38.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.20% | 25.62% | +22.58% |