FCVTX vs. HWSAX
Compare and contrast key facts about Fidelity Advisor Small Cap Value Fund Class M (FCVTX) and Hotchkis & Wiley Small Cap Value Fund Class A (HWSAX).
FCVTX is managed by Fidelity. It was launched on Nov 3, 2004. HWSAX is managed by Hotchkis & Wiley. It was launched on Jun 10, 2000.
Performance
FCVTX vs. HWSAX - Performance Comparison
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FCVTX vs. HWSAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FCVTX Fidelity Advisor Small Cap Value Fund Class M | 1.76% | 7.53% | 7.42% | 17.19% | -13.53% | 37.49% | 10.60% | 20.19% | -15.58% | 11.68% |
HWSAX Hotchkis & Wiley Small Cap Value Fund Class A | 9.00% | 1.38% | 4.77% | 18.56% | 2.81% | 35.32% | -0.50% | 20.26% | -15.23% | 7.39% |
Returns By Period
In the year-to-date period, FCVTX achieves a 1.76% return, which is significantly lower than HWSAX's 9.00% return. Over the past 10 years, FCVTX has underperformed HWSAX with an annualized return of 9.08%, while HWSAX has yielded a comparatively higher 9.96% annualized return.
FCVTX
- 1D
- 2.78%
- 1M
- -6.75%
- YTD
- 1.76%
- 6M
- 3.20%
- 1Y
- 15.93%
- 3Y*
- 10.60%
- 5Y*
- 5.78%
- 10Y*
- 9.08%
HWSAX
- 1D
- 1.75%
- 1M
- 0.95%
- YTD
- 9.00%
- 6M
- 7.38%
- 1Y
- 18.60%
- 3Y*
- 10.15%
- 5Y*
- 9.03%
- 10Y*
- 9.96%
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FCVTX vs. HWSAX - Expense Ratio Comparison
FCVTX has a 1.50% expense ratio, which is higher than HWSAX's 1.21% expense ratio.
Return for Risk
FCVTX vs. HWSAX — Risk / Return Rank
FCVTX
HWSAX
FCVTX vs. HWSAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Small Cap Value Fund Class M (FCVTX) and Hotchkis & Wiley Small Cap Value Fund Class A (HWSAX). 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.
| FCVTX | HWSAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.74 | 0.78 | -0.04 |
Sortino ratioReturn per unit of downside risk | 1.19 | 1.22 | -0.03 |
Omega ratioGain probability vs. loss probability | 1.15 | 1.17 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.11 | 1.17 | -0.05 |
Martin ratioReturn relative to average drawdown | 4.10 | 4.34 | -0.23 |
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
| FCVTX | HWSAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.74 | 0.78 | -0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | 0.42 | -0.14 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.41 | 0.41 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.47 | -0.07 |
Correlation
The correlation between FCVTX and HWSAX is 0.93, 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
FCVTX vs. HWSAX - Dividend Comparison
FCVTX's dividend yield for the trailing twelve months is around 10.51%, more than HWSAX's 0.64% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCVTX Fidelity Advisor Small Cap Value Fund Class M | 10.51% | 10.69% | 4.91% | 5.34% | 6.37% | 8.00% | 0.23% | 3.20% | 38.15% | 3.30% | 6.98% | 11.13% |
HWSAX Hotchkis & Wiley Small Cap Value Fund Class A | 0.64% | 0.69% | 8.19% | 1.79% | 13.39% | 0.22% | 0.63% | 4.62% | 9.45% | 4.80% | 0.00% | 11.67% |
Drawdowns
FCVTX vs. HWSAX - Drawdown Comparison
The maximum FCVTX drawdown since its inception was -58.26%, smaller than the maximum HWSAX drawdown of -72.14%. Use the drawdown chart below to compare losses from any high point for FCVTX and HWSAX.
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Drawdown Indicators
| FCVTX | HWSAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.26% | -72.14% | +13.88% |
Max Drawdown (1Y)Largest decline over 1 year | -14.42% | -16.44% | +2.02% |
Max Drawdown (5Y)Largest decline over 5 years | -24.91% | -26.98% | +2.07% |
Max Drawdown (10Y)Largest decline over 10 years | -44.83% | -53.82% | +8.99% |
Current DrawdownCurrent decline from peak | -7.91% | -1.09% | -6.82% |
Average DrawdownAverage peak-to-trough decline | -8.28% | -11.03% | +2.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.91% | 4.43% | -0.52% |
Volatility
FCVTX vs. HWSAX - Volatility Comparison
Fidelity Advisor Small Cap Value Fund Class M (FCVTX) has a higher volatility of 6.34% compared to Hotchkis & Wiley Small Cap Value Fund Class A (HWSAX) at 4.45%. This indicates that FCVTX's price experiences larger fluctuations and is considered to be riskier than HWSAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FCVTX | HWSAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.34% | 4.45% | +1.89% |
Volatility (6M)Calculated over the trailing 6-month period | 12.17% | 12.99% | -0.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.93% | 23.99% | -2.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.84% | 21.71% | -0.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.28% | 24.65% | -2.37% |