FLUTX vs. NEIMX

Last updated Jun 4, 2026

FLUTX (Fidelity Advisor Stock Selector Large Cap Value Fund Class M) and NEIMX (Neiman Large Cap Value Fund) are both Large Cap Value Equities funds. Over the past 10 years, FLUTX returned 10.51%/yr vs 10.34%/yr for NEIMX. Their correlation of 0.90 suggests significant overlap in exposure. FLUTX charges 1.32%/yr vs 1.46%/yr for NEIMX.

Performance

FLUTX vs. NEIMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Stock Selector Large Cap Value Fund Class M (FLUTX) and Neiman Large Cap Value Fund (NEIMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLUTX achieves a 7.19% return, which is significantly lower than NEIMX's 17.29% return. Both investments have delivered pretty close results over the past 10 years, with FLUTX having a 10.51% annualized return and NEIMX not far behind at 10.34%.

FLUTX

• 1D: 0.27%
• 1M: 1.54%
• YTD: 7.19%
• 6M: 8.37%
• 1Y: 20.07%
• 3Y*: 17.33%
• 5Y*: 9.93%
• 10Y*: 10.51%

NEIMX

• 1D: 1.26%
• 1M: 4.85%
• YTD: 17.29%
• 6M: 17.10%
• 1Y: 34.32%
• 3Y*: 19.56%
• 5Y*: 12.08%
• 10Y*: 10.34%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FLUTX vs. NEIMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLUTX Fidelity Advisor Stock Selector Large Cap Value Fund Class M	7.19%	15.37%	16.60%	13.81%	-6.00%	24.95%	3.53%	23.94%	-9.82%	11.63%
NEIMX Neiman Large Cap Value Fund	17.29%	18.68%	13.50%	6.15%	-5.16%	23.85%	-5.97%	23.49%	-9.76%	19.00%

Correlation

The correlation between FLUTX and NEIMX is 0.78, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.78
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.88
Correlation (10Y) Calculated over the trailing 10-year period	0.89
Correlation (All Time) Calculated using the full available price history since Jan 4, 2006	0.90

The correlation between FLUTX and NEIMX shifts across timeframes, from 0.78 (1 year) to 0.90 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FLUTX vs. NEIMX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLUTX

FLUTX Risk / Return Rank: 50
FLUTX Sharpe Ratio Rank: 45
FLUTX Sortino Ratio Rank: 46
FLUTX Omega Ratio Rank: 43
FLUTX Calmar Ratio Rank: 58
FLUTX Martin Ratio Rank: 59

NEIMX

NEIMX Risk / Return Rank: 94
NEIMX Sharpe Ratio Rank: 95
NEIMX Sortino Ratio Rank: 93
NEIMX Omega Ratio Rank: 89
NEIMX Calmar Ratio Rank: 96
NEIMX Martin Ratio Rank: 97

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.

FLUTX vs. NEIMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Stock Selector Large Cap Value Fund Class M (FLUTX) and Neiman Large Cap Value Fund (NEIMX). 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.

	FLUTX	NEIMX	Difference
Sharpe ratio: Return per unit of total volatility	1.98	3.45	-1.46
Sortino ratio: Return per unit of downside risk	2.87	4.78	-1.90
Omega ratio: Gain probability vs. loss probability	1.36	1.63	-0.28
Calmar ratio: Return relative to maximum drawdown	2.93	6.10	-3.17
Martin ratio: Return relative to average drawdown	11.83	25.48	-13.65
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLUTX vs. NEIMX - Sharpe Ratio Comparison

The current FLUTX Sharpe Ratio is 1.98, which is lower than the NEIMX Sharpe Ratio of 3.45. The chart below compares the historical Sharpe Ratios of FLUTX and NEIMX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FLUTX	NEIMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.98	3.45	-1.46
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.65	0.02	+0.63
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.60	0.03	+0.57
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.03	+0.34

Drawdowns

FLUTX vs. NEIMX - Drawdown Comparison

The maximum FLUTX drawdown since its inception was -59.38%, smaller than the maximum NEIMX drawdown of -92.94%. Use the drawdown chart below to compare losses from any high point for FLUTX and NEIMX.

Drawdown Indicators

	FLUTX	NEIMX	Difference
Max Drawdown Largest peak-to-trough decline	-59.38%	-92.94%	+33.56%
Max Drawdown (1Y) Largest decline over 1 year	-7.09%	-5.75%	-1.34%
Max Drawdown (3Y) Largest decline over 3 years	-15.49%	-92.94%	+77.45%
Max Drawdown (5Y) Largest decline over 5 years	-19.54%	-92.94%	+73.40%
Max Drawdown (10Y) Largest decline over 10 years	-39.76%	-92.94%	+53.18%
Current Drawdown Current decline from peak	-0.37%	-88.99%	+88.62%
Average Drawdown Average peak-to-trough decline	-9.99%	-10.51%	+0.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.75%	1.37%	+0.38%

Volatility

FLUTX vs. NEIMX - Volatility Comparison

Fidelity Advisor Stock Selector Large Cap Value Fund Class M (FLUTX) and Neiman Large Cap Value Fund (NEIMX) have volatilities of 2.61% and 2.72%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLUTX	NEIMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.61%	2.72%	-0.11%
Volatility (6M) Calculated over the trailing 6-month period	7.87%	7.81%	+0.06%
Volatility (1Y) Calculated over the trailing 1-year period	10.49%	10.18%	+0.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.40%	576.30%	-560.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.68%	407.70%	-390.02%

FLUTX vs. NEIMX - Expense Ratio Comparison

FLUTX has a 1.32% expense ratio, which is lower than NEIMX's 1.46% expense ratio.

Dividends

FLUTX vs. NEIMX - Dividend Comparison

FLUTX's dividend yield for the trailing twelve months is around 8.96%, more than NEIMX's 0.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FLUTX Fidelity Advisor Stock Selector Large Cap Value Fund Class M	8.96%	7.71%	10.00%	2.08%	7.89%	3.93%	1.67%	1.19%	6.98%	0.50%	0.73%	0.66%
NEIMX Neiman Large Cap Value Fund	0.65%	0.76%	1.10%	1.36%	3.60%	17.65%	1.20%	2.26%	1.20%	6.64%	10.20%	4.19%

Frequently Asked Questions

Can I hold both FLUTX and NEIMX in my portfolio?

FLUTX and NEIMX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLUTX or NEIMX?

NEIMX has higher volatility (2.72%) compared to FLUTX (2.61%). In terms of maximum drawdown, FLUTX dropped -59.38% vs NEIMX's -92.94%.

Which has better risk-adjusted returns?

NEIMX currently has the higher Sharpe Ratio (3.45 vs 1.98), 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.