FIKNX vs. AVUV
Compare and contrast key facts about Fidelity Advisor Small Cap Value Fund Class Z (FIKNX) and Avantis U.S. Small Cap Value ETF (AVUV).
FIKNX is managed by Fidelity. It was launched on Oct 2, 2018. AVUV is an actively managed fund by American Century Investments. It was launched on Sep 24, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIKNX or AVUV.
Key characteristics
| FIKNX | AVUV | |
|---|---|---|
| YTD Return | 4.29% | 4.24% |
| 1Y Return | 22.62% | 31.34% |
| 3Y Return (Ann) | 3.67% | 7.93% |
| Sharpe Ratio | 1.39 | 1.78 |
| Daily Std Dev | 18.29% | 19.77% |
| Max Drawdown | -44.09% | -49.42% |
| Current Drawdown | -1.95% | -0.51% |
Correlation
The correlation between FIKNX and AVUV is 0.96, 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.
Performance
FIKNX vs. AVUV - Performance Comparison
The year-to-date returns for both stocks are quite close, with FIKNX having a 4.29% return and AVUV slightly lower at 4.24%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FIKNX vs. AVUV - Expense Ratio Comparison
FIKNX has a 0.87% expense ratio, which is higher than AVUV's 0.25% expense ratio.
Risk-Adjusted Performance
FIKNX vs. AVUV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Small Cap Value Fund Class Z (FIKNX) and Avantis U.S. Small Cap Value ETF (AVUV). 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.
Dividends
FIKNX vs. AVUV - Dividend Comparison
FIKNX's dividend yield for the trailing twelve months is around 5.10%, more than AVUV's 1.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
FIKNX Fidelity Advisor Small Cap Value Fund Class Z | 5.10% | 5.32% | 5.92% | 8.07% | 0.58% | 3.65% | 8.42% |
AVUV Avantis U.S. Small Cap Value ETF | 1.58% | 1.65% | 1.74% | 1.28% | 1.21% | 0.38% | 0.00% |
Drawdowns
FIKNX vs. AVUV - Drawdown Comparison
The maximum FIKNX drawdown since its inception was -44.09%, smaller than the maximum AVUV drawdown of -49.42%. Use the drawdown chart below to compare losses from any high point for FIKNX and AVUV. For additional features, visit the drawdowns tool.
Volatility
FIKNX vs. AVUV - Volatility Comparison
The current volatility for Fidelity Advisor Small Cap Value Fund Class Z (FIKNX) is 4.15%, while Avantis U.S. Small Cap Value ETF (AVUV) has a volatility of 4.39%. This indicates that FIKNX experiences smaller price fluctuations and is considered to be less risky than AVUV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.