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FCVAX vs. FSPSX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FCVAX vs. FSPSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Small Cap Value Fund Class A (FCVAX) and Fidelity International Index Fund (FSPSX). The values are adjusted to include any dividend payments, if applicable.

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FCVAX vs. FSPSX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
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%
FSPSX
Fidelity International Index Fund
-1.94%31.98%3.70%18.31%-14.23%11.45%8.16%22.03%-13.55%25.37%

Returns By Period

In the year-to-date period, FCVAX achieves a -0.94% return, which is significantly higher than FSPSX's -1.94% return. Both investments have delivered pretty close results over the past 10 years, with FCVAX having a 9.03% annualized return and FSPSX not far behind at 8.65%.


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%

FSPSX

1D
0.42%
1M
-10.86%
YTD
-1.94%
6M
2.58%
1Y
19.89%
3Y*
13.50%
5Y*
7.96%
10Y*
8.65%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FCVAX vs. FSPSX - Expense Ratio Comparison

FCVAX has a 1.26% expense ratio, which is higher than FSPSX's 0.04% expense ratio.


Return for Risk

FCVAX vs. FSPSX — Risk / Return Rank

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

FCVAX
FCVAX Risk / Return Rank: 2525
Overall Rank
FCVAX Sharpe Ratio Rank: 2424
Sharpe Ratio Rank
FCVAX Sortino Ratio Rank: 2626
Sortino Ratio Rank
FCVAX Omega Ratio Rank: 2222
Omega Ratio Rank
FCVAX Calmar Ratio Rank: 2727
Calmar Ratio Rank
FCVAX Martin Ratio Rank: 2727
Martin Ratio Rank

FSPSX
FSPSX Risk / Return Rank: 6464
Overall Rank
FSPSX Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
FSPSX Sortino Ratio Rank: 6262
Sortino Ratio Rank
FSPSX Omega Ratio Rank: 6060
Omega Ratio Rank
FSPSX Calmar Ratio Rank: 6969
Calmar Ratio Rank
FSPSX Martin Ratio Rank: 6363
Martin Ratio Rank
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.

FCVAX vs. FSPSX - 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 International Index Fund (FSPSX). 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.


FCVAXFSPSXDifference

Sharpe ratio

Return per unit of total volatility

0.61

1.11

-0.51

Sortino ratio

Return per unit of downside risk

1.01

1.56

-0.54

Omega ratio

Gain probability vs. loss probability

1.13

1.23

-0.09

Calmar ratio

Return relative to maximum drawdown

0.78

1.54

-0.76

Martin ratio

Return relative to average drawdown

2.92

5.93

-3.01

FCVAX vs. FSPSX - Sharpe Ratio Comparison

The current FCVAX Sharpe Ratio is 0.61, which is lower than the FSPSX Sharpe Ratio of 1.11. The chart below compares the historical Sharpe Ratios of FCVAX and FSPSX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FCVAXFSPSXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.61

1.11

-0.51

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.28

0.51

-0.23

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.41

0.53

-0.12

Sharpe Ratio (All Time)

Calculated using the full available price history

0.42

0.46

-0.04

Correlation

The correlation between FCVAX and FSPSX is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

FCVAX vs. FSPSX - Dividend Comparison

FCVAX's dividend yield for the trailing twelve months is around 10.39%, more than FSPSX's 3.22% yield.


TTM20252024202320222021202020192018201720162015
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%
FSPSX
Fidelity International Index Fund
3.22%3.15%3.27%2.79%2.66%3.07%1.84%3.18%2.79%2.50%3.08%2.79%

Drawdowns

FCVAX vs. FSPSX - Drawdown Comparison

The maximum FCVAX drawdown since its inception was -57.86%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FCVAX and FSPSX.


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Drawdown Indicators


FCVAXFSPSXDifference

Max Drawdown

Largest peak-to-trough decline

-57.86%

-33.69%

-24.17%

Max Drawdown (1Y)

Largest decline over 1 year

-14.47%

-11.39%

-3.08%

Max Drawdown (5Y)

Largest decline over 5 years

-24.90%

-29.41%

+4.51%

Max Drawdown (10Y)

Largest decline over 10 years

-44.71%

-33.69%

-11.02%

Current Drawdown

Current decline from peak

-10.41%

-10.86%

+0.45%

Average Drawdown

Average peak-to-trough decline

-8.17%

-6.59%

-1.58%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.88%

2.96%

+0.92%

Volatility

FCVAX vs. FSPSX - Volatility Comparison

The current volatility for Fidelity Advisor Small Cap Value Fund Class A (FCVAX) is 5.56%, while Fidelity International Index Fund (FSPSX) has a volatility of 7.04%. This indicates that FCVAX experiences smaller price fluctuations and is considered to be less risky than FSPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FCVAXFSPSXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.56%

7.04%

-1.48%

Volatility (6M)

Calculated over the trailing 6-month period

11.83%

10.63%

+1.20%

Volatility (1Y)

Calculated over the trailing 1-year period

21.82%

16.79%

+5.03%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.80%

15.77%

+5.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.24%

16.47%

+5.77%