FCVTX vs. HWSIX
Compare and contrast key facts about Fidelity Advisor Small Cap Value Fund Class M (FCVTX) and Hotchkis & Wiley Small Cap Value Fund (HWSIX).
FCVTX is managed by Fidelity. It was launched on Nov 3, 2004. HWSIX is managed by Hotchkis & Wiley. It was launched on Sep 20, 1985.
Performance
FCVTX vs. HWSIX - Performance Comparison
Loading graphics...
FCVTX vs. HWSIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FCVTX Fidelity Advisor Small Cap Value Fund Class M | -0.99% | 7.53% | 7.42% | 17.19% | -13.53% | 37.49% | 10.60% | 20.19% | -15.58% | 11.68% |
HWSIX Hotchkis & Wiley Small Cap Value Fund | 7.19% | 1.60% | 5.00% | 18.85% | 2.97% | 35.54% | -0.31% | 20.54% | -15.03% | 7.66% |
Returns By Period
In the year-to-date period, FCVTX achieves a -0.99% return, which is significantly lower than HWSIX's 7.19% return. Over the past 10 years, FCVTX has underperformed HWSIX with an annualized return of 8.78%, while HWSIX has yielded a comparatively higher 10.01% annualized return.
FCVTX
- 1D
- -1.10%
- 1M
- -8.95%
- YTD
- -0.99%
- 6M
- 0.47%
- 1Y
- 13.06%
- 3Y*
- 9.59%
- 5Y*
- 5.47%
- 10Y*
- 8.78%
HWSIX
- 1D
- -0.30%
- 1M
- -0.11%
- YTD
- 7.19%
- 6M
- 5.71%
- 1Y
- 16.85%
- 3Y*
- 9.76%
- 5Y*
- 9.23%
- 10Y*
- 10.01%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FCVTX vs. HWSIX - Expense Ratio Comparison
FCVTX has a 1.50% expense ratio, which is higher than HWSIX's 1.06% expense ratio.
Return for Risk
FCVTX vs. HWSIX — Risk / Return Rank
FCVTX
HWSIX
FCVTX vs. HWSIX - 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 (HWSIX). 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 | HWSIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.60 | 0.73 | -0.13 |
Sortino ratioReturn per unit of downside risk | 0.99 | 1.16 | -0.17 |
Omega ratioGain probability vs. loss probability | 1.13 | 1.16 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 0.77 | 0.92 | -0.16 |
Martin ratioReturn relative to average drawdown | 2.84 | 3.44 | -0.60 |
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
| FCVTX | HWSIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.60 | 0.73 | -0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.26 | 0.43 | -0.16 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.40 | 0.41 | -0.01 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.40 | 0.44 | -0.04 |
Correlation
The correlation between FCVTX and HWSIX is 0.92, 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. HWSIX - Dividend Comparison
FCVTX's dividend yield for the trailing twelve months is around 10.80%, more than HWSIX's 0.94% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCVTX Fidelity Advisor Small Cap Value Fund Class M | 10.80% | 10.69% | 4.91% | 5.34% | 6.37% | 8.00% | 0.23% | 3.20% | 38.15% | 3.30% | 6.98% | 11.13% |
HWSIX Hotchkis & Wiley Small Cap Value Fund | 0.94% | 1.01% | 8.35% | 1.90% | 13.44% | 0.36% | 0.80% | 4.89% | 9.84% | 5.07% | 0.41% | 11.78% |
Drawdowns
FCVTX vs. HWSIX - Drawdown Comparison
The maximum FCVTX drawdown since its inception was -58.26%, smaller than the maximum HWSIX drawdown of -72.00%. Use the drawdown chart below to compare losses from any high point for FCVTX and HWSIX.
Loading graphics...
Drawdown Indicators
| FCVTX | HWSIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.26% | -72.00% | +13.74% |
Max Drawdown (1Y)Largest decline over 1 year | -14.42% | -16.44% | +2.02% |
Max Drawdown (5Y)Largest decline over 5 years | -24.91% | -26.92% | +2.01% |
Max Drawdown (10Y)Largest decline over 10 years | -44.83% | -53.67% | +8.84% |
Current DrawdownCurrent decline from peak | -10.40% | -2.75% | -7.65% |
Average DrawdownAverage peak-to-trough decline | -8.28% | -12.12% | +3.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.88% | 4.42% | -0.54% |
Volatility
FCVTX vs. HWSIX - Volatility Comparison
Fidelity Advisor Small Cap Value Fund Class M (FCVTX) has a higher volatility of 5.52% compared to Hotchkis & Wiley Small Cap Value Fund (HWSIX) at 4.15%. This indicates that FCVTX's price experiences larger fluctuations and is considered to be riskier than HWSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FCVTX | HWSIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.52% | 4.15% | +1.37% |
Volatility (6M)Calculated over the trailing 6-month period | 11.86% | 12.90% | -1.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.80% | 23.97% | -2.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.81% | 21.70% | -0.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.26% | 24.67% | -2.41% |