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FCVFX vs. FPADX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FCVFX vs. FPADX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Value Fund Class C (FCVFX) and Fidelity Emerging Markets Index Fund (FPADX). The values are adjusted to include any dividend payments, if applicable.

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FCVFX vs. FPADX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FCVFX
Fidelity Advisor Value Fund Class C
0.00%10.14%24.29%18.53%-10.07%33.72%8.57%30.36%-18.65%14.05%
FPADX
Fidelity Emerging Markets Index Fund
0.22%33.90%6.80%9.51%-20.06%-3.07%17.84%18.28%-14.65%35.16%

Returns By Period

Over the past 10 years, FCVFX has outperformed FPADX with an annualized return of 11.10%, while FPADX has yielded a comparatively lower 7.51% annualized return.


FCVFX

1D
-0.70%
1M
-8.82%
YTD
0.00%
6M
4.58%
1Y
16.79%
3Y*
17.09%
5Y*
10.56%
10Y*
11.10%

FPADX

1D
-0.87%
1M
-12.34%
YTD
0.22%
6M
4.75%
1Y
29.14%
3Y*
14.61%
5Y*
3.41%
10Y*
7.51%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FCVFX vs. FPADX - Expense Ratio Comparison

FCVFX has a 1.90% expense ratio, which is higher than FPADX's 0.08% expense ratio.


Return for Risk

FCVFX vs. FPADX — Risk / Return Rank

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

FCVFX
FCVFX Risk / Return Rank: 3737
Overall Rank
FCVFX Sharpe Ratio Rank: 3535
Sharpe Ratio Rank
FCVFX Sortino Ratio Rank: 3939
Sortino Ratio Rank
FCVFX Omega Ratio Rank: 3434
Omega Ratio Rank
FCVFX Calmar Ratio Rank: 3636
Calmar Ratio Rank
FCVFX Martin Ratio Rank: 3838
Martin Ratio Rank

FPADX
FPADX Risk / Return Rank: 8383
Overall Rank
FPADX Sharpe Ratio Rank: 8686
Sharpe Ratio Rank
FPADX Sortino Ratio Rank: 8484
Sortino Ratio Rank
FPADX Omega Ratio Rank: 8282
Omega Ratio Rank
FPADX Calmar Ratio Rank: 8282
Calmar Ratio Rank
FPADX Martin Ratio Rank: 8181
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.

FCVFX vs. FPADX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Value Fund Class C (FCVFX) and Fidelity Emerging Markets Index Fund (FPADX). 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.


FCVFXFPADXDifference

Sharpe ratio

Return per unit of total volatility

0.78

1.64

-0.86

Sortino ratio

Return per unit of downside risk

1.25

2.18

-0.93

Omega ratio

Gain probability vs. loss probability

1.17

1.32

-0.15

Calmar ratio

Return relative to maximum drawdown

0.98

1.98

-1.00

Martin ratio

Return relative to average drawdown

4.01

8.08

-4.07

FCVFX vs. FPADX - Sharpe Ratio Comparison

The current FCVFX Sharpe Ratio is 0.78, which is lower than the FPADX Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of FCVFX and FPADX, 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


FCVFXFPADXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.78

1.64

-0.86

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.50

0.21

+0.29

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.49

0.43

+0.07

Sharpe Ratio (All Time)

Calculated using the full available price history

0.39

0.27

+0.12

Correlation

The correlation between FCVFX and FPADX is 0.62, 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

FCVFX vs. FPADX - Dividend Comparison

FCVFX's dividend yield for the trailing twelve months is around 8.22%, more than FPADX's 2.35% yield.


TTM20252024202320222021202020192018201720162015
FCVFX
Fidelity Advisor Value Fund Class C
8.22%8.22%25.20%0.12%0.00%4.16%0.00%2.46%14.34%2.34%0.00%1.94%
FPADX
Fidelity Emerging Markets Index Fund
2.35%2.35%2.70%2.68%2.47%2.14%1.50%2.59%2.20%0.12%1.69%2.47%

Drawdowns

FCVFX vs. FPADX - Drawdown Comparison

The maximum FCVFX drawdown since its inception was -65.18%, which is greater than FPADX's maximum drawdown of -39.16%. Use the drawdown chart below to compare losses from any high point for FCVFX and FPADX.


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Drawdown Indicators


FCVFXFPADXDifference

Max Drawdown

Largest peak-to-trough decline

-65.18%

-39.16%

-26.02%

Max Drawdown (1Y)

Largest decline over 1 year

-14.97%

-13.28%

-1.69%

Max Drawdown (5Y)

Largest decline over 5 years

-23.11%

-37.04%

+13.93%

Max Drawdown (10Y)

Largest decline over 10 years

-48.67%

-39.16%

-9.51%

Current Drawdown

Current decline from peak

-9.99%

-13.28%

+3.29%

Average Drawdown

Average peak-to-trough decline

-9.12%

-13.39%

+4.27%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.66%

3.26%

+0.40%

Volatility

FCVFX vs. FPADX - Volatility Comparison

The current volatility for Fidelity Advisor Value Fund Class C (FCVFX) is 5.31%, while Fidelity Emerging Markets Index Fund (FPADX) has a volatility of 8.84%. This indicates that FCVFX experiences smaller price fluctuations and is considered to be less risky than FPADX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FCVFXFPADXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.31%

8.84%

-3.53%

Volatility (6M)

Calculated over the trailing 6-month period

11.64%

13.29%

-1.65%

Volatility (1Y)

Calculated over the trailing 1-year period

21.51%

17.59%

+3.92%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.28%

16.64%

+4.64%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.51%

17.60%

+4.91%