FICVX vs. FXAIX
Compare and contrast key facts about Fidelity Advisor Convertible Securities Fund Class I (FICVX) and Fidelity 500 Index Fund (FXAIX).
FICVX is managed by Fidelity. It was launched on Feb 19, 2009. FXAIX is a passively managed fund by Fidelity that tracks the performance of the S&P 500 Index. It was launched on Feb 17, 1988.
Performance
FICVX vs. FXAIX - Performance Comparison
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FICVX vs. FXAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FICVX Fidelity Advisor Convertible Securities Fund Class I | 1.37% | 18.28% | 8.11% | 11.39% | -15.38% | 9.93% | 42.46% | 28.58% | -1.31% | 9.03% |
FXAIX Fidelity 500 Index Fund | -7.05% | 17.84% | 25.01% | 26.29% | -18.14% | 28.71% | 18.42% | 31.48% | -4.43% | 21.82% |
Returns By Period
In the year-to-date period, FICVX achieves a 1.37% return, which is significantly higher than FXAIX's -7.05% return. Over the past 10 years, FICVX has underperformed FXAIX with an annualized return of 11.11%, while FXAIX has yielded a comparatively higher 13.75% annualized return.
FICVX
- 1D
- -1.71%
- 1M
- -5.61%
- YTD
- 1.37%
- 6M
- 2.53%
- 1Y
- 24.52%
- 3Y*
- 11.55%
- 5Y*
- 5.27%
- 10Y*
- 11.11%
FXAIX
- 1D
- -0.39%
- 1M
- -7.68%
- YTD
- -7.05%
- 6M
- -4.59%
- 1Y
- 14.42%
- 3Y*
- 17.17%
- 5Y*
- 11.40%
- 10Y*
- 13.75%
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FICVX vs. FXAIX - Expense Ratio Comparison
FICVX has a 0.70% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Return for Risk
FICVX vs. FXAIX — Risk / Return Rank
FICVX
FXAIX
FICVX vs. FXAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Convertible Securities Fund Class I (FICVX) and Fidelity 500 Index Fund (FXAIX). 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.
| FICVX | FXAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.55 | 0.84 | +0.71 |
Sortino ratioReturn per unit of downside risk | 2.11 | 1.30 | +0.82 |
Omega ratioGain probability vs. loss probability | 1.29 | 1.20 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 2.87 | 1.05 | +1.82 |
Martin ratioReturn relative to average drawdown | 10.86 | 5.13 | +5.73 |
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
| FICVX | FXAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.55 | 0.84 | +0.71 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.40 | 0.68 | -0.28 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.83 | 0.77 | +0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.95 | 0.75 | +0.19 |
Correlation
The correlation between FICVX and FXAIX is 0.85, 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
FICVX vs. FXAIX - Dividend Comparison
FICVX's dividend yield for the trailing twelve months is around 11.23%, more than FXAIX's 1.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FICVX Fidelity Advisor Convertible Securities Fund Class I | 11.23% | 11.38% | 2.02% | 2.12% | 3.73% | 20.65% | 10.73% | 3.28% | 9.85% | 4.09% | 4.90% | 10.39% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
Drawdowns
FICVX vs. FXAIX - Drawdown Comparison
The maximum FICVX drawdown since its inception was -25.06%, smaller than the maximum FXAIX drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FICVX and FXAIX.
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Drawdown Indicators
| FICVX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.06% | -33.79% | +8.73% |
Max Drawdown (1Y)Largest decline over 1 year | -7.75% | -12.13% | +4.38% |
Max Drawdown (5Y)Largest decline over 5 years | -24.20% | -24.50% | +0.30% |
Max Drawdown (10Y)Largest decline over 10 years | -25.06% | -33.79% | +8.73% |
Current DrawdownCurrent decline from peak | -6.80% | -8.89% | +2.09% |
Average DrawdownAverage peak-to-trough decline | -5.68% | -3.83% | -1.85% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.05% | 2.50% | -0.45% |
Volatility
FICVX vs. FXAIX - Volatility Comparison
Fidelity Advisor Convertible Securities Fund Class I (FICVX) has a higher volatility of 6.34% compared to Fidelity 500 Index Fund (FXAIX) at 4.24%. This indicates that FICVX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FICVX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.34% | 4.24% | +2.10% |
Volatility (6M)Calculated over the trailing 6-month period | 12.08% | 9.08% | +3.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.65% | 18.13% | -2.48% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.36% | 16.88% | -3.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.50% | 18.03% | -4.53% |