FCVAX vs. TSLTX
FCVAX (Fidelity Advisor Small Cap Value Fund Class A) and TSLTX (Transamerica Small Cap Value) are both Small Cap Value Equities funds. Over the past 5 years, FCVAX returned 10.37%/yr vs 10.67%/yr for TSLTX. Their 0.95 correlation means they have historically moved very closely together. FCVAX charges 1.26%/yr vs 0.80%/yr for TSLTX.
Performance
FCVAX vs. TSLTX - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with FCVAX having a 27.34% return and TSLTX slightly lower at 27.08%.
FCVAX
- 1D
- 1.75%
- 1M
- 0.58%
- 6M
- 19.04%
- YTD
- 27.34%
- 1Y
- 37.84%
- 3Y*
- 15.72%
- 5Y*
- 10.37%
- 10Y*
- 11.27%
- ALL TIME*
- 10.79%
TSLTX
- 1D
- 1.23%
- 1M
- 1.23%
- 6M
- 16.90%
- YTD
- 27.08%
- 1Y
- 42.97%
- 3Y*
- 16.86%
- 5Y*
- 10.67%
- 10Y*
- —
- ALL TIME*
- 9.25%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FCVAX vs. TSLTX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FCVAX Fidelity Advisor Small Cap Value Fund Class A | 27.34% | 7.75% | 7.72% | 17.47% | -13.29% | 37.77% | 10.82% | 20.47% | -15.88% |
TSLTX Transamerica Small Cap Value | 27.08% | 9.56% | 12.59% | 8.84% | -12.51% | 31.10% | 5.99% | 20.91% | -16.42% |
Correlation
The correlation between FCVAX and TSLTX is 0.91, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.91 |
Correlation (3Y) Balances recent behavior with more history. | 0.94 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.95 |
Correlation (All Time) Calculated using the full available price history since Mar 22, 2018 | 0.95 |
The correlation between FCVAX and TSLTX has been stable across timeframes, ranging from 0.91 to 0.95 - a consistent structural relationship.
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Return for Risk
FCVAX vs. TSLTX — Risk / Return Rank
FCVAX
TSLTX
FCVAX vs. TSLTX - 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 Transamerica Small Cap Value (TSLTX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FCVAX | TSLTX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.51 | ||
| Sortino ratioReturn per unit of downside risk | -0.62 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.49 | -0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.92 | 5.86 | -1.94 |
| Martin ratioReturn relative to average drawdown | 13.97 | 19.26 | -5.29 |
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Drawdowns
FCVAX vs. TSLTX - Drawdown Comparison
The maximum FCVAX drawdown since its inception was -57.86%, roughly equal to the maximum TSLTX drawdown of -55.58%. Use the drawdown chart below to compare losses from any high point for FCVAX and TSLTX.
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Drawdown Indicators
| FCVAX | TSLTX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.86% | -55.58% | -2.28% |
Max Drawdown (1Y)Largest decline over 1 year | -10.41% | -7.73% | -2.68% |
Max Drawdown (3Y)Largest decline over 3 years | -24.90% | -26.62% | +1.72% |
Max Drawdown (5Y)Largest decline over 5 years | -24.90% | -55.58% | +30.68% |
Max Drawdown (10Y)Largest decline over 10 years | -44.71% | — | — |
Current DrawdownCurrent decline from peak | -0.93% | -14.28% | +13.35% |
Average DrawdownAverage peak-to-trough decline | -8.06% | -28.19% | +20.13% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.91% | 2.35% | +0.56% |
Volatility
FCVAX vs. TSLTX - Volatility Comparison
Fidelity Advisor Small Cap Value Fund Class A (FCVAX) has a higher volatility of 4.50% compared to Transamerica Small Cap Value (TSLTX) at 3.68%. This indicates that FCVAX's price experiences larger fluctuations and is considered to be riskier than TSLTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FCVAX | TSLTX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.50% | 3.68% | +0.82% |
Volatility (6M)Calculated over the trailing 6-month period | 13.53% | 11.03% | +2.50% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.86% | 16.20% | +1.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.87% | 49.93% | -29.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.32% | 43.20% | -20.88% |
FCVAX vs. TSLTX - Expense Ratio Comparison
FCVAX has a 1.26% expense ratio, which is higher than TSLTX's 0.80% expense ratio.
Dividends
FCVAX vs. TSLTX - Dividend Comparison
FCVAX's dividend yield for the trailing twelve months is around 8.09%, more than TSLTX's 4.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCVAX Fidelity Advisor Small Cap Value Fund Class A | 8.09% | 10.30% | 4.77% | 5.19% | 6.11% | 7.94% | 0.30% | 3.32% | 37.11% | 3.43% | 7.01% | 11.07% |
TSLTX Transamerica Small Cap Value | 4.23% | 5.38% | 27.99% | 2.99% | 21.70% | 77.67% | 0.24% | 4.26% | 11.17% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.91, FCVAX and TSLTX 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.
FCVAX has higher volatility (4.50%) compared to TSLTX (3.68%). In terms of maximum drawdown, FCVAX dropped -57.86% vs TSLTX's -55.58%.
TSLTX currently has the higher Sharpe Ratio (2.80 vs 2.29), 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.
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