FIICX vs. NMPAX
FIICX (Fidelity Advisor Mid Cap II Fund Class C) and NMPAX (Columbia Mid Cap Index Fund) are both Mid Cap Blend Equities funds. Over the past 10 years, FIICX returned 12.00%/yr vs 10.57%/yr for NMPAX. With a 0.95 correlation, they move nearly in lockstep. FIICX charges 1.83%/yr vs 0.20%/yr for NMPAX.
Performance
FIICX vs. NMPAX - Performance Comparison
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Returns By Period
In the year-to-date period, FIICX achieves a 24.46% return, which is significantly higher than NMPAX's 10.36% return. Over the past 10 years, FIICX has outperformed NMPAX with an annualized return of 12.00%, while NMPAX has yielded a comparatively lower 10.57% annualized return.
FIICX
- 1D
- 0.64%
- 1M
- 4.01%
- YTD
- 24.46%
- 6M
- 21.61%
- 1Y
- 39.44%
- 3Y*
- 21.06%
- 5Y*
- 10.57%
- 10Y*
- 12.00%
NMPAX
- 1D
- 0.58%
- 1M
- -2.55%
- YTD
- 10.36%
- 6M
- 8.22%
- 1Y
- 20.27%
- 3Y*
- 14.50%
- 5Y*
- 7.35%
- 10Y*
- 10.57%
FIICX vs. NMPAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FIICX Fidelity Advisor Mid Cap II Fund Class C | 24.46% | 5.27% | 23.14% | 13.72% | -15.74% | 23.94% | 17.35% | 22.40% | -15.85% | 19.33% |
NMPAX Columbia Mid Cap Index Fund | 10.36% | 7.23% | 13.67% | 16.32% | -13.27% | 24.66% | 8.71% | 25.99% | -11.44% | 15.84% |
Correlation
The correlation between FIICX and NMPAX is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.94 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.96 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.97 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.97 |
Correlation (All Time) Calculated using the full available price history since Aug 16, 2004 | 0.95 |
The correlation between FIICX and NMPAX has been stable across timeframes, ranging from 0.94 to 0.97 - a consistent structural relationship.
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Return for Risk
FIICX vs. NMPAX — Risk / Return Rank
FIICX
NMPAX
FIICX vs. NMPAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Mid Cap II Fund Class C (FIICX) and Columbia Mid Cap Index Fund (NMPAX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FIICX | NMPAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.00 | ||
| Sortino ratioReturn per unit of downside risk | +1.24 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.21 | +0.16 |
| Calmar ratioReturn relative to maximum drawdown | 3.93 | 2.19 | +1.74 |
| Martin ratioReturn relative to average drawdown | 15.62 | 7.80 | +7.81 |
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Drawdowns
FIICX vs. NMPAX - Drawdown Comparison
The maximum FIICX drawdown since its inception was -53.75%, roughly equal to the maximum NMPAX drawdown of -54.31%. Use the drawdown chart below to compare losses from any high point for FIICX and NMPAX.
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Drawdown Indicators
| FIICX | NMPAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.75% | -54.31% | +0.56% |
Max Drawdown (1Y)Largest decline over 1 year | -9.86% | -8.84% | -1.02% |
Max Drawdown (3Y)Largest decline over 3 years | -27.79% | -24.03% | -3.76% |
Max Drawdown (5Y)Largest decline over 5 years | -27.79% | -24.03% | -3.76% |
Max Drawdown (10Y)Largest decline over 10 years | -43.31% | -42.09% | -1.22% |
Current DrawdownCurrent decline from peak | -0.76% | -4.69% | +3.93% |
Average DrawdownAverage peak-to-trough decline | -8.60% | -7.71% | -0.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.48% | 2.47% | +0.01% |
Volatility
FIICX vs. NMPAX - Volatility Comparison
The current volatility for Fidelity Advisor Mid Cap II Fund Class C (FIICX) is 5.86%, while Columbia Mid Cap Index Fund (NMPAX) has a volatility of 6.22%. This indicates that FIICX experiences smaller price fluctuations and is considered to be less risky than NMPAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FIICX | NMPAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.86% | 6.22% | -0.36% |
Volatility (6M)Calculated over the trailing 6-month period | 14.23% | 12.44% | +1.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 17.74% | 16.33% | +1.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.04% | 19.81% | +1.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.31% | 21.14% | +0.17% |
FIICX vs. NMPAX - Expense Ratio Comparison
FIICX has a 1.83% expense ratio, which is higher than NMPAX's 0.20% expense ratio.
Dividends
FIICX vs. NMPAX - Dividend Comparison
FIICX's dividend yield for the trailing twelve months is around 7.43%, more than NMPAX's 5.93% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIICX Fidelity Advisor Mid Cap II Fund Class C | 7.43% | 8.11% | 14.08% | 2.98% | 6.81% | 21.73% | 1.13% | 3.23% | 11.72% | 8.22% | 4.95% | 5.19% |
NMPAX Columbia Mid Cap Index Fund | 5.93% | 9.34% | 11.35% | 7.97% | 11.65% | 18.03% | 5.96% | 5.70% | 10.06% | 7.66% | 7.97% | 10.12% |
Frequently Asked Questions
With a correlation of 0.94, FIICX and NMPAX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
NMPAX has higher volatility (6.22%) compared to FIICX (5.86%). In terms of maximum drawdown, FIICX dropped -53.75% vs NMPAX's -54.31%.
FIICX currently has the higher Sharpe Ratio (2.19 vs 1.18), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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