FCVCX vs. PVCMX
FCVCX (Fidelity Advisor Small Cap Value Fund Class C) and PVCMX (Palm Valley Capital Fund Investor Class) are both Small Cap Value Equities funds. Over the past 5 years, FCVCX returned 9.10%/yr vs 4.88%/yr for PVCMX. Their 0.67 correlation means they have sometimes moved together and sometimes differently. FCVCX charges 2.02%/yr vs 1.30%/yr for PVCMX.
Performance
FCVCX vs. PVCMX - Performance Comparison
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Returns By Period
In the year-to-date period, FCVCX achieves a 24.90% return, which is significantly higher than PVCMX's 4.44% return.
FCVCX
- 1D
- 0.31%
- 1M
- -0.98%
- 6M
- 19.15%
- YTD
- 24.90%
- 1Y
- 37.49%
- 3Y*
- 14.10%
- 5Y*
- 9.10%
- 10Y*
- 10.31%
- ALL TIME*
- 9.84%
PVCMX
- 1D
- -0.86%
- 1M
- 0.95%
- 6M
- 2.34%
- YTD
- 4.44%
- 1Y
- 7.85%
- 3Y*
- 5.61%
- 5Y*
- 4.88%
- 10Y*
- —
- ALL TIME*
- 6.87%
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 |
FCVCX vs. PVCMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FCVCX Fidelity Advisor Small Cap Value Fund Class C | 24.90% | 6.93% | 6.82% | 16.65% | -13.97% | 36.71% | 9.98% | 9.34% |
PVCMX Palm Valley Capital Fund Investor Class | 4.44% | 4.45% | 4.24% | 9.47% | 3.17% | 3.72% | 19.13% | 1.22% |
Correlation
The correlation between FCVCX and PVCMX is 0.56, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.57 |
Correlation (3Y) Balances recent behavior with more history. | 0.61 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.61 |
Correlation (All Time) Calculated using the full available price history since Jun 13, 2019 | 0.67 |
The correlation between FCVCX and PVCMX shifts across timeframes, from 0.56 (1 year) to 0.67 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FCVCX vs. PVCMX — Risk / Return Rank
FCVCX
PVCMX
FCVCX vs. PVCMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Small Cap Value Fund Class C (FCVCX) and Palm Valley Capital Fund Investor Class (PVCMX). 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.
| FCVCX | PVCMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.33 | 1.31 | +0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.21 | 2.68 | +0.53 |
| Martin ratioReturn relative to average drawdown | 11.38 | 8.23 | +3.15 |
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Drawdowns
FCVCX vs. PVCMX - Drawdown Comparison
The maximum FCVCX drawdown since its inception was -58.55%, which is greater than PVCMX's maximum drawdown of -7.44%. Use the drawdown chart below to compare losses from any high point for FCVCX and PVCMX.
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Drawdown Indicators
| FCVCX | PVCMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.55% | -7.44% | -51.11% |
Max Drawdown (1Y)Largest decline over 1 year | -10.45% | -2.81% | -7.64% |
Max Drawdown (3Y)Largest decline over 3 years | -25.11% | -7.44% | -17.67% |
Max Drawdown (5Y)Largest decline over 5 years | -25.11% | -7.44% | -17.67% |
Max Drawdown (10Y)Largest decline over 10 years | -45.31% | — | — |
Current DrawdownCurrent decline from peak | -2.44% | -0.86% | -1.58% |
Average DrawdownAverage peak-to-trough decline | -8.42% | -1.25% | -7.17% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.95% | 0.91% | +2.04% |
Volatility
FCVCX vs. PVCMX - Volatility Comparison
Fidelity Advisor Small Cap Value Fund Class C (FCVCX) has a higher volatility of 4.22% compared to Palm Valley Capital Fund Investor Class (PVCMX) at 2.05%. This indicates that FCVCX's price experiences larger fluctuations and is considered to be riskier than PVCMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FCVCX | PVCMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.22% | 2.05% | +2.17% |
Volatility (6M)Calculated over the trailing 6-month period | 13.50% | 3.41% | +10.09% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.92% | 4.52% | +13.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.86% | 5.30% | +15.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.33% | 6.31% | +16.02% |
FCVCX vs. PVCMX - Expense Ratio Comparison
FCVCX has a 2.02% expense ratio, which is higher than PVCMX's 1.30% expense ratio.
Dividends
FCVCX vs. PVCMX - Dividend Comparison
FCVCX's dividend yield for the trailing twelve months is around 9.89%, more than PVCMX's 4.59% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCVCX Fidelity Advisor Small Cap Value Fund Class C | 9.89% | 12.35% | 5.46% | 5.97% | 7.23% | 8.53% | 0.13% | 3.34% | 41.61% | 3.03% | 7.26% | 11.44% |
PVCMX Palm Valley Capital Fund Investor Class | 4.59% | 4.80% | 6.95% | 4.84% | 2.30% | 1.98% | 2.70% | 0.71% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FCVCX and PVCMX have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FCVCX has higher volatility (4.22%) compared to PVCMX (2.05%). In terms of maximum drawdown, FCVCX dropped -58.55% vs PVCMX's -7.44%.
FCVCX currently has the higher Sharpe Ratio (1.88 vs 1.69), 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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