FIIAX vs. FMPAX
Compare and contrast key facts about Fidelity Advisor Mid Cap II Fund Class A (FIIAX) and Fidelity Advisor Mid Cap Value Fund Class A (FMPAX).
FIIAX is managed by Fidelity. It was launched on Aug 12, 2004. FMPAX is managed by Fidelity. It was launched on Feb 13, 2007.
Performance
FIIAX vs. FMPAX - Performance Comparison
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FIIAX vs. FMPAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FIIAX Fidelity Advisor Mid Cap II Fund Class A | 4.90% | 7.21% | 16.96% | 14.68% | -15.04% | 24.94% | 18.34% | 23.32% | -15.21% | 20.32% |
FMPAX Fidelity Advisor Mid Cap Value Fund Class A | 3.43% | 12.75% | 14.22% | 22.18% | -10.89% | 33.60% | 0.68% | 23.19% | -19.16% | 16.73% |
Returns By Period
In the year-to-date period, FIIAX achieves a 4.90% return, which is significantly higher than FMPAX's 3.43% return. Over the past 10 years, FIIAX has outperformed FMPAX with an annualized return of 10.71%, while FMPAX has yielded a comparatively lower 9.65% annualized return.
FIIAX
- 1D
- 3.62%
- 1M
- -6.57%
- YTD
- 4.90%
- 6M
- 9.15%
- 1Y
- 25.28%
- 3Y*
- 13.47%
- 5Y*
- 7.35%
- 10Y*
- 10.71%
FMPAX
- 1D
- 2.92%
- 1M
- -6.71%
- YTD
- 3.43%
- 6M
- 8.04%
- 1Y
- 21.86%
- 3Y*
- 16.89%
- 5Y*
- 10.27%
- 10Y*
- 9.65%
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FIIAX vs. FMPAX - Expense Ratio Comparison
FIIAX has a 1.00% expense ratio, which is higher than FMPAX's 0.86% expense ratio.
Return for Risk
FIIAX vs. FMPAX — Risk / Return Rank
FIIAX
FMPAX
FIIAX vs. FMPAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Mid Cap II Fund Class A (FIIAX) and Fidelity Advisor Mid Cap Value Fund Class A (FMPAX). 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.
| FIIAX | FMPAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.16 | 1.04 | +0.12 |
Sortino ratioReturn per unit of downside risk | 1.67 | 1.58 | +0.09 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.22 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.75 | 1.55 | +0.20 |
Martin ratioReturn relative to average drawdown | 7.68 | 6.29 | +1.39 |
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
| FIIAX | FMPAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.16 | 1.04 | +0.12 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.36 | 0.51 | -0.15 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 0.46 | +0.05 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.49 | 0.37 | +0.13 |
Correlation
The correlation between FIIAX and FMPAX 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
FIIAX vs. FMPAX - Dividend Comparison
FIIAX's dividend yield for the trailing twelve months is around 6.73%, less than FMPAX's 7.56% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIIAX Fidelity Advisor Mid Cap II Fund Class A | 6.73% | 6.21% | 6.89% | 2.59% | 5.68% | 18.94% | 1.12% | 3.21% | 10.53% | 7.60% | 8.69% | 4.74% |
FMPAX Fidelity Advisor Mid Cap Value Fund Class A | 7.56% | 8.24% | 10.38% | 0.96% | 13.09% | 1.08% | 1.78% | 1.61% | 14.62% | 8.77% | 1.11% | 4.99% |
Drawdowns
FIIAX vs. FMPAX - Drawdown Comparison
The maximum FIIAX drawdown since its inception was -53.35%, smaller than the maximum FMPAX drawdown of -63.15%. Use the drawdown chart below to compare losses from any high point for FIIAX and FMPAX.
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Drawdown Indicators
| FIIAX | FMPAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.35% | -63.15% | +9.80% |
Max Drawdown (1Y)Largest decline over 1 year | -14.85% | -14.74% | -0.11% |
Max Drawdown (5Y)Largest decline over 5 years | -28.25% | -23.79% | -4.46% |
Max Drawdown (10Y)Largest decline over 10 years | -42.33% | -45.47% | +3.14% |
Current DrawdownCurrent decline from peak | -6.57% | -7.72% | +1.15% |
Average DrawdownAverage peak-to-trough decline | -8.26% | -9.80% | +1.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.38% | 3.64% | -0.26% |
Volatility
FIIAX vs. FMPAX - Volatility Comparison
Fidelity Advisor Mid Cap II Fund Class A (FIIAX) has a higher volatility of 8.57% compared to Fidelity Advisor Mid Cap Value Fund Class A (FMPAX) at 6.56%. This indicates that FIIAX's price experiences larger fluctuations and is considered to be riskier than FMPAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FIIAX | FMPAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.57% | 6.56% | +2.01% |
Volatility (6M)Calculated over the trailing 6-month period | 13.91% | 12.11% | +1.80% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.31% | 21.59% | +0.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.29% | 20.12% | +0.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.97% | 21.06% | -0.09% |