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FITIX vs. VSEQX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FITIX vs. VSEQX

Last updated Jun 4, 2026

FITIX (Fidelity Advisor Mid Cap II Fund Class M) and VSEQX (Vanguard Strategic Equity Fund) are both Mid Cap Blend Equities funds. Over the past 10 years, FITIX returned 12.64%/yr vs 13.13%/yr for VSEQX. With a 0.95 correlation, they move nearly in lockstep. FITIX charges 1.25%/yr vs 0.17%/yr for VSEQX.

Performance

FITIX vs. VSEQX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Mid Cap II Fund Class M (FITIX) and Vanguard Strategic Equity Fund (VSEQX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FITIX achieves a 21.28% return, which is significantly higher than VSEQX's 16.05% return. Both investments have delivered pretty close results over the past 10 years, with FITIX having a 12.64% annualized return and VSEQX not far ahead at 13.13%.

FITIX

1D
1.44%
1M
4.05%
YTD
21.28%
6M
22.56%
1Y
37.81%
3Y*
22.40%
5Y*
11.58%
10Y*
12.64%

VSEQX

1D
0.65%
1M
3.35%
YTD
16.05%
6M
16.43%
1Y
35.10%
3Y*
21.36%
5Y*
11.97%
10Y*
13.13%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FITIX vs. VSEQX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
FITIX
Fidelity Advisor Mid Cap II Fund Class M		21.28%11.29%22.41%14.40%-15.22%24.61%18.05%23.04%-15.37%19.97%
VSEQX
Vanguard Strategic Equity Fund		16.05%15.32%16.67%19.31%-11.90%30.83%10.26%26.76%-11.86%12.36%

Correlation

The correlation between FITIX and VSEQX is 0.93, 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

0.93

Correlation (3Y)
Calculated over the trailing 3-year period

0.95

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 17, 2004

0.95

The correlation between FITIX and VSEQX has been stable across timeframes, ranging from 0.93 to 0.97 - a consistent structural relationship.

FITIX vs. VSEQX - Sectors Allocation Comparison

Sectors
FITIX
VSEQX

Industrials

22.2%
16.6%

Technology

17.8%
17.5%

Financial Services

15.1%
15.2%

Healthcare

10.5%
11.0%

Consumer Cyclical

10.5%
10.3%

Real Estate

5.3%
6.7%

Consumer Defensive

5.1%
3.6%

Energy

5.0%
5.5%

Utilities

3.6%
4.9%

Basic Materials

3.3%
4.9%

Communication Services

1.6%
3.8%

Industrials

FITIX
22.2%
VSEQX
16.6%

Technology

FITIX
17.8%
VSEQX
17.5%

Financial Services

FITIX
15.1%
VSEQX
15.2%

Healthcare

FITIX
10.5%
VSEQX
11.0%

Consumer Cyclical

FITIX
10.5%
VSEQX
10.3%

Real Estate

FITIX
5.3%
VSEQX
6.7%

Consumer Defensive

FITIX
5.1%
VSEQX
3.6%

Energy

FITIX
5.0%
VSEQX
5.5%

Utilities

FITIX
3.6%
VSEQX
4.9%

Basic Materials

FITIX
3.3%
VSEQX
4.9%

Communication Services

FITIX
1.6%
VSEQX
3.8%

Compare stocks, funds, or ETFs

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Fidelity Advisor Mid Cap II Fund Class M

Vanguard Strategic Equity Fund

Often compared with FITIX:
FITIX vs. SVOLFITIX vs. FADIXFITIX vs. FSCTXFITIX vs. GABVXFITIX vs. TARKXFITIX vs. DSMFXFITIX vs. FSELX
Often compared with VSEQX:
VSEQX vs. SCHMVSEQX vs. VFIAXVSEQX vs. VIMAXVSEQX vs. FOCKXVSEQX vs. VFMFXVSEQX vs. FCNTXVSEQX vs. VTI

Return for Risk

FITIX vs. VSEQX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FITIX
FITIX Risk / Return Rank: 6868
Overall Rank
FITIX Sharpe Ratio Rank: 6161
Sharpe Ratio Rank
FITIX Sortino Ratio Rank: 5656
Sortino Ratio Rank
FITIX Omega Ratio Rank: 5353
Omega Ratio Rank
FITIX Calmar Ratio Rank: 8585
Calmar Ratio Rank
FITIX Martin Ratio Rank: 8484
Martin Ratio Rank
VSEQX
VSEQX Risk / Return Rank: 7575
Overall Rank
VSEQX Sharpe Ratio Rank: 7070
Sharpe Ratio Rank
VSEQX Sortino Ratio Rank: 6565
Sortino Ratio Rank
VSEQX Omega Ratio Rank: 5858
Omega Ratio Rank
VSEQX Calmar Ratio Rank: 9191
Calmar Ratio Rank
VSEQX Martin Ratio Rank: 9191
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FITIX vs. VSEQX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Mid Cap II Fund Class M (FITIX) and Vanguard Strategic Equity Fund (VSEQX). 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.

FITIXVSEQXDifference
Sharpe ratioReturn per unit of total volatility
2.30
2.44

-0.15

Sortino ratioReturn per unit of downside risk
3.13
3.38

-0.24

Omega ratioGain probability vs. loss probability

1.40

1.43

-0.02

Calmar ratioReturn relative to maximum drawdown

3.99

4.83

-0.84

Martin ratioReturn relative to average drawdown

16.02

18.60

-2.57

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FITIX vs. VSEQX - Sharpe Ratio Comparison

The current FITIX Sharpe Ratio is 2.30, which is comparable to the VSEQX Sharpe Ratio of 2.44. The chart below compares the historical Sharpe Ratios of FITIX and VSEQX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

FITIXVSEQXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.30

2.44

-0.15

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.57

0.60

-0.04

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.60

0.62

-0.02

Sharpe Ratio (All Time)

Calculated using the full available price history

0.54

0.50

+0.04

Drawdowns

FITIX vs. VSEQX - Drawdown Comparison

The maximum FITIX drawdown since its inception was -53.22%, smaller than the maximum VSEQX drawdown of -63.55%. Use the drawdown chart below to compare losses from any high point for FITIX and VSEQX.

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Drawdown Indicators

FITIXVSEQXDifference

Max Drawdown

Largest peak-to-trough decline

-53.22%

-63.55%

+10.33%

Max Drawdown (1Y)

Largest decline over 1 year

-9.87%

-7.60%

-2.27%

Max Drawdown (3Y)

Largest decline over 3 years

-23.94%

-24.73%

+0.79%

Max Drawdown (5Y)

Largest decline over 5 years

-25.10%

-24.73%

-0.37%

Max Drawdown (10Y)

Largest decline over 10 years

-42.59%

-44.08%

+1.49%

Current Drawdown

Current decline from peak

0.00%

0.00%

0.00%

Average Drawdown

Average peak-to-trough decline

-8.05%

-9.06%

+1.01%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.45%

1.97%

+0.48%

Volatility

FITIX vs. VSEQX - Volatility Comparison

Fidelity Advisor Mid Cap II Fund Class M (FITIX) has a higher volatility of 5.01% compared to Vanguard Strategic Equity Fund (VSEQX) at 3.64%. This indicates that FITIX's price experiences larger fluctuations and is considered to be riskier than VSEQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FITIXVSEQXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.01%

3.64%

+1.37%

Volatility (6M)

Calculated over the trailing 6-month period

13.77%

10.61%

+3.16%

Volatility (1Y)

Calculated over the trailing 1-year period

17.17%

15.03%

+2.14%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.56%

19.95%

+0.61%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.13%

21.42%

-0.29%

FITIX vs. VSEQX - Expense Ratio Comparison

FITIX has a 1.25% expense ratio, which is higher than VSEQX's 0.17% expense ratio.

Dividends

FITIX vs. VSEQX - Dividend Comparison

FITIX's dividend yield for the trailing twelve months is around 6.13%, less than VSEQX's 9.61% yield.

PositionTTM20252024202320222021202020192018201720162015
FITIX
Fidelity Advisor Mid Cap II Fund Class M		6.13%10.82%11.68%2.52%5.82%19.35%1.01%3.07%10.58%7.57%9.20%4.84%
VSEQX
Vanguard Strategic Equity Fund		9.61%11.16%11.36%6.11%11.77%21.36%1.77%2.92%10.34%7.05%3.13%12.28%

Frequently Asked Questions

With a correlation of 0.93, FITIX and VSEQX 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.

FITIX has higher volatility (5.01%) compared to VSEQX (3.64%). In terms of maximum drawdown, FITIX dropped -53.22% vs VSEQX's -63.55%.

VSEQX currently has the higher Sharpe Ratio (2.44 vs 2.30), 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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