FCMVX vs. MDY
Compare and contrast key facts about Fidelity Mid Cap Value K6 Fund (FCMVX) and SPDR S&P MidCap 400 ETF (MDY).
FCMVX is managed by Fidelity. It was launched on May 25, 2017. MDY is a passively managed fund by State Street that tracks the performance of the S&P MidCap 400 Index. It was launched on May 4, 1995.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FCMVX or MDY.
Correlation
The correlation between FCMVX and MDY is 0.95, 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.
Performance
FCMVX vs. MDY - Performance Comparison
Key characteristics
FCMVX:
-0.45
MDY:
1.09
FCMVX:
-0.34
MDY:
1.61
FCMVX:
0.92
MDY:
1.20
FCMVX:
-0.40
MDY:
2.02
FCMVX:
-1.09
MDY:
4.72
FCMVX:
12.22%
MDY:
3.62%
FCMVX:
29.35%
MDY:
15.65%
FCMVX:
-44.87%
MDY:
-55.33%
FCMVX:
-30.43%
MDY:
-5.48%
Returns By Period
In the year-to-date period, FCMVX achieves a 2.68% return, which is significantly higher than MDY's 2.53% return.
FCMVX
2.68%
-0.47%
-22.73%
-15.70%
5.41%
N/A
MDY
2.53%
-1.20%
5.81%
14.45%
10.27%
9.22%
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FCMVX vs. MDY - Expense Ratio Comparison
FCMVX has a 0.45% expense ratio, which is higher than MDY's 0.23% expense ratio.
Risk-Adjusted Performance
FCMVX vs. MDY — Risk-Adjusted Performance Rank
FCMVX
MDY
FCMVX vs. MDY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Mid Cap Value K6 Fund (FCMVX) and SPDR S&P MidCap 400 ETF (MDY). 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.
Dividends
FCMVX vs. MDY - Dividend Comparison
FCMVX's dividend yield for the trailing twelve months is around 3.08%, more than MDY's 1.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCMVX Fidelity Mid Cap Value K6 Fund | 3.08% | 3.16% | 1.11% | 1.68% | 1.39% | 2.19% | 1.68% | 2.47% | 0.77% | 0.00% | 0.00% | 0.00% |
MDY SPDR S&P MidCap 400 ETF | 1.15% | 1.18% | 1.21% | 1.37% | 0.96% | 1.12% | 1.34% | 1.39% | 1.18% | 1.31% | 1.35% | 1.17% |
Drawdowns
FCMVX vs. MDY - Drawdown Comparison
The maximum FCMVX drawdown since its inception was -44.87%, smaller than the maximum MDY drawdown of -55.33%. Use the drawdown chart below to compare losses from any high point for FCMVX and MDY. For additional features, visit the drawdowns tool.
Volatility
FCMVX vs. MDY - Volatility Comparison
Fidelity Mid Cap Value K6 Fund (FCMVX) and SPDR S&P MidCap 400 ETF (MDY) have volatilities of 3.57% and 3.68%, 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.