FCVAX vs. FSKAX
Compare and contrast key facts about Fidelity Advisor Small Cap Value Fund Class A (FCVAX) and Fidelity Total Market Index Fund (FSKAX).
FCVAX is managed by Fidelity. It was launched on Nov 3, 2004. FSKAX is managed by Fidelity.
Performance
FCVAX vs. FSKAX - Performance Comparison
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FCVAX vs. FSKAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FCVAX Fidelity Advisor Small Cap Value Fund Class A | -0.94% | 7.75% | 7.72% | 17.47% | -13.29% | 37.77% | 10.82% | 20.47% | -15.50% | 11.99% |
FSKAX Fidelity Total Market Index Fund | -6.77% | 17.06% | 23.89% | 26.12% | -19.53% | 25.66% | 20.79% | 30.92% | -5.32% | 20.85% |
Returns By Period
In the year-to-date period, FCVAX achieves a -0.94% return, which is significantly higher than FSKAX's -6.77% return. Over the past 10 years, FCVAX has underperformed FSKAX with an annualized return of 9.03%, while FSKAX has yielded a comparatively higher 13.23% annualized return.
FCVAX
- 1D
- -1.14%
- 1M
- -8.95%
- YTD
- -0.94%
- 6M
- 0.53%
- 1Y
- 13.31%
- 3Y*
- 9.86%
- 5Y*
- 5.72%
- 10Y*
- 9.03%
FSKAX
- 1D
- -0.47%
- 1M
- -7.69%
- YTD
- -6.77%
- 6M
- -4.56%
- 1Y
- 14.73%
- 3Y*
- 16.72%
- 5Y*
- 10.13%
- 10Y*
- 13.23%
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FCVAX vs. FSKAX - Expense Ratio Comparison
FCVAX has a 1.26% expense ratio, which is higher than FSKAX's 0.02% expense ratio.
Return for Risk
FCVAX vs. FSKAX — Risk / Return Rank
FCVAX
FSKAX
FCVAX vs. FSKAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Small Cap Value Fund Class A (FCVAX) and Fidelity Total Market Index Fund (FSKAX). 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.
| FCVAX | FSKAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.61 | 0.83 | -0.22 |
Sortino ratioReturn per unit of downside risk | 1.01 | 1.29 | -0.28 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.19 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 0.78 | 1.04 | -0.26 |
Martin ratioReturn relative to average drawdown | 2.92 | 5.05 | -2.13 |
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
| FCVAX | FSKAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.61 | 0.83 | -0.22 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | 0.59 | -0.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 0.72 | -0.31 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 0.78 | -0.36 |
Correlation
The correlation between FCVAX and FSKAX is 0.84, 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
FCVAX vs. FSKAX - Dividend Comparison
FCVAX's dividend yield for the trailing twelve months is around 10.39%, more than FSKAX's 1.09% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCVAX Fidelity Advisor Small Cap Value Fund Class A | 10.39% | 10.30% | 4.77% | 5.19% | 6.11% | 7.94% | 0.30% | 3.32% | 37.11% | 3.43% | 7.01% | 11.07% |
FSKAX Fidelity Total Market Index Fund | 1.09% | 1.01% | 1.19% | 1.41% | 1.62% | 1.15% | 1.45% | 1.94% | 2.54% | 2.07% | 2.43% | 0.82% |
Drawdowns
FCVAX vs. FSKAX - Drawdown Comparison
The maximum FCVAX drawdown since its inception was -57.86%, which is greater than FSKAX's maximum drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for FCVAX and FSKAX.
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Drawdown Indicators
| FCVAX | FSKAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.86% | -35.01% | -22.85% |
Max Drawdown (1Y)Largest decline over 1 year | -14.47% | -12.42% | -2.05% |
Max Drawdown (5Y)Largest decline over 5 years | -24.90% | -25.39% | +0.49% |
Max Drawdown (10Y)Largest decline over 10 years | -44.71% | -35.01% | -9.70% |
Current DrawdownCurrent decline from peak | -10.41% | -8.92% | -1.49% |
Average DrawdownAverage peak-to-trough decline | -8.17% | -4.05% | -4.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.88% | 2.57% | +1.31% |
Volatility
FCVAX vs. FSKAX - Volatility Comparison
Fidelity Advisor Small Cap Value Fund Class A (FCVAX) has a higher volatility of 5.56% compared to Fidelity Total Market Index Fund (FSKAX) at 4.42%. This indicates that FCVAX's price experiences larger fluctuations and is considered to be riskier than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FCVAX | FSKAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.56% | 4.42% | +1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 11.83% | 9.40% | +2.43% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.82% | 18.50% | +3.32% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.80% | 17.38% | +3.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.24% | 18.42% | +3.82% |