FCVSX vs. PCSFX
Compare and contrast key facts about Fidelity Convertible Securities Fund (FCVSX) and Principal Capital Securities Fund (PCSFX).
FCVSX is managed by Fidelity. It was launched on Jan 5, 1987. PCSFX is managed by Principal. It was launched on Mar 13, 2014.
Performance
FCVSX vs. PCSFX - Performance Comparison
Loading graphics...
FCVSX vs. PCSFX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FCVSX Fidelity Convertible Securities Fund | 4.06% | 8.52% | 13.91% | 11.42% | -15.33% | 9.95% | 42.52% | 28.58% | -1.29% | 9.03% |
PCSFX Principal Capital Securities Fund | -1.00% | 8.96% | 12.15% | 6.82% | -11.35% | 3.74% | 7.71% | 17.41% | -4.61% | 11.57% |
Returns By Period
In the year-to-date period, FCVSX achieves a 4.06% return, which is significantly higher than PCSFX's -1.00% return. Over the past 10 years, FCVSX has outperformed PCSFX with an annualized return of 11.05%, while PCSFX has yielded a comparatively lower 5.48% annualized return.
FCVSX
- 1D
- 2.65%
- 1M
- -4.07%
- YTD
- 4.06%
- 6M
- -4.40%
- 1Y
- 16.70%
- 3Y*
- 11.27%
- 5Y*
- 4.84%
- 10Y*
- 11.05%
PCSFX
- 1D
- 0.42%
- 1M
- -2.16%
- YTD
- -1.00%
- 6M
- 0.77%
- 1Y
- 6.02%
- 3Y*
- 9.96%
- 5Y*
- 3.45%
- 10Y*
- 5.48%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FCVSX vs. PCSFX - Expense Ratio Comparison
FCVSX has a 0.67% expense ratio, which is higher than PCSFX's 0.00% expense ratio.
Return for Risk
FCVSX vs. PCSFX — Risk / Return Rank
FCVSX
PCSFX
FCVSX vs. PCSFX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Convertible Securities Fund (FCVSX) and Principal Capital Securities Fund (PCSFX). 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.
| FCVSX | PCSFX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.95 | 2.25 | -1.30 |
Sortino ratioReturn per unit of downside risk | 1.25 | 2.83 | -1.58 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.58 | -0.38 |
Calmar ratioReturn relative to maximum drawdown | 1.42 | 2.03 | -0.61 |
Martin ratioReturn relative to average drawdown | 4.29 | 8.88 | -4.59 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FCVSX | PCSFX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.95 | 2.25 | -1.30 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | 0.81 | -0.46 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.81 | 1.09 | -0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 1.09 | -0.39 |
Correlation
The correlation between FCVSX and PCSFX is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
FCVSX vs. PCSFX - Dividend Comparison
FCVSX's dividend yield for the trailing twelve months is around 2.13%, less than PCSFX's 5.61% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCVSX Fidelity Convertible Securities Fund | 2.13% | 2.21% | 7.47% | 2.13% | 3.78% | 20.64% | 10.75% | 3.28% | 9.86% | 4.11% | 4.90% | 10.41% |
PCSFX Principal Capital Securities Fund | 5.61% | 5.80% | 5.50% | 5.75% | 5.68% | 4.57% | 4.88% | 5.43% | 6.07% | 5.14% | 5.08% | 5.78% |
Drawdowns
FCVSX vs. PCSFX - Drawdown Comparison
The maximum FCVSX drawdown since its inception was -58.76%, which is greater than PCSFX's maximum drawdown of -22.42%. Use the drawdown chart below to compare losses from any high point for FCVSX and PCSFX.
Loading graphics...
Drawdown Indicators
| FCVSX | PCSFX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.76% | -22.42% | -36.34% |
Max Drawdown (1Y)Largest decline over 1 year | -10.68% | -2.97% | -7.71% |
Max Drawdown (5Y)Largest decline over 5 years | -24.18% | -18.67% | -5.51% |
Max Drawdown (10Y)Largest decline over 10 years | -25.08% | -22.42% | -2.66% |
Current DrawdownCurrent decline from peak | -7.05% | -2.56% | -4.49% |
Average DrawdownAverage peak-to-trough decline | -7.25% | -2.50% | -4.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.53% | 0.68% | +2.85% |
Volatility
FCVSX vs. PCSFX - Volatility Comparison
Fidelity Convertible Securities Fund (FCVSX) has a higher volatility of 6.86% compared to Principal Capital Securities Fund (PCSFX) at 1.27%. This indicates that FCVSX's price experiences larger fluctuations and is considered to be riskier than PCSFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FCVSX | PCSFX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.86% | 1.27% | +5.59% |
Volatility (6M)Calculated over the trailing 6-month period | 15.63% | 1.65% | +13.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.35% | 2.69% | +15.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.83% | 4.26% | +9.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.74% | 5.04% | +8.70% |