FCVIX vs. FZROX
Compare and contrast key facts about Fidelity Advisor Small Cap Value Fund Class I (FCVIX) and Fidelity ZERO Total Market Index Fund (FZROX).
FCVIX is managed by Fidelity. It was launched on Nov 3, 2004. FZROX is managed by Fidelity.
Performance
FCVIX vs. FZROX - Performance Comparison
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FCVIX vs. FZROX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FCVIX Fidelity Advisor Small Cap Value Fund Class I | -0.85% | 8.02% | 9.36% | 17.82% | -13.07% | 38.10% | 11.21% | 20.76% | -17.89% |
FZROX Fidelity ZERO Total Market Index Fund | -6.77% | 17.23% | 23.94% | 26.20% | -19.21% | 26.00% | 20.51% | 31.15% | -12.72% |
Returns By Period
In the year-to-date period, FCVIX achieves a -0.85% return, which is significantly higher than FZROX's -6.77% return.
FCVIX
- 1D
- -1.15%
- 1M
- -8.91%
- YTD
- -0.85%
- 6M
- 0.70%
- 1Y
- 13.63%
- 3Y*
- 10.63%
- 5Y*
- 6.28%
- 10Y*
- 9.44%
FZROX
- 1D
- -0.45%
- 1M
- -7.71%
- YTD
- -6.77%
- 6M
- -4.49%
- 1Y
- 14.82%
- 3Y*
- 16.81%
- 5Y*
- 10.36%
- 10Y*
- —
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FCVIX vs. FZROX - Expense Ratio Comparison
FCVIX has a 0.99% expense ratio, which is higher than FZROX's 0.00% expense ratio.
Return for Risk
FCVIX vs. FZROX — Risk / Return Rank
FCVIX
FZROX
FCVIX vs. FZROX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Small Cap Value Fund Class I (FCVIX) and Fidelity ZERO Total Market Index Fund (FZROX). 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.
| FCVIX | FZROX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.62 | 0.84 | -0.21 |
Sortino ratioReturn per unit of downside risk | 1.03 | 1.30 | -0.27 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.20 | -0.06 |
Calmar ratioReturn relative to maximum drawdown | 0.81 | 1.05 | -0.24 |
Martin ratioReturn relative to average drawdown | 3.02 | 5.11 | -2.10 |
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
| FCVIX | FZROX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.62 | 0.84 | -0.21 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | 0.60 | -0.30 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.43 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.43 | 0.61 | -0.18 |
Correlation
The correlation between FCVIX and FZROX is 0.81, 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
FCVIX vs. FZROX - Dividend Comparison
FCVIX's dividend yield for the trailing twelve months is around 10.18%, more than FZROX's 1.10% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCVIX Fidelity Advisor Small Cap Value Fund Class I | 10.18% | 10.10% | 6.09% | 5.19% | 5.92% | 7.96% | 0.48% | 3.49% | 36.40% | 3.65% | 7.15% | 11.09% |
FZROX Fidelity ZERO Total Market Index Fund | 1.10% | 1.02% | 1.16% | 1.36% | 1.57% | 1.25% | 1.27% | 1.51% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FCVIX vs. FZROX - Drawdown Comparison
The maximum FCVIX drawdown since its inception was -57.61%, which is greater than FZROX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FCVIX and FZROX.
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Drawdown Indicators
| FCVIX | FZROX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.61% | -34.96% | -22.65% |
Max Drawdown (1Y)Largest decline over 1 year | -14.40% | -12.44% | -1.96% |
Max Drawdown (5Y)Largest decline over 5 years | -23.82% | -25.12% | +1.30% |
Max Drawdown (10Y)Largest decline over 10 years | -44.61% | — | — |
Current DrawdownCurrent decline from peak | -10.35% | -8.89% | -1.46% |
Average DrawdownAverage peak-to-trough decline | -8.02% | -5.61% | -2.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.86% | 2.56% | +1.30% |
Volatility
FCVIX vs. FZROX - Volatility Comparison
Fidelity Advisor Small Cap Value Fund Class I (FCVIX) has a higher volatility of 5.55% compared to Fidelity ZERO Total Market Index Fund (FZROX) at 4.41%. This indicates that FCVIX's price experiences larger fluctuations and is considered to be riskier than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FCVIX | FZROX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.55% | 4.41% | +1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 11.81% | 9.34% | +2.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.80% | 18.49% | +3.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.80% | 17.40% | +3.40% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.25% | 20.25% | +2.00% |