FMCAX vs. FZFLX
Compare and contrast key facts about Fidelity Advisor Stock Selector Mid Cap Fund Class M (FMCAX) and Fidelity SAI Small-Mid Cap 500 Index Fund (FZFLX).
FMCAX is managed by Fidelity. It was launched on Feb 20, 1996. FZFLX is managed by Fidelity. It was launched on Aug 12, 2015.
Performance
FMCAX vs. FZFLX - Performance Comparison
Loading graphics...
FMCAX vs. FZFLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FMCAX Fidelity Advisor Stock Selector Mid Cap Fund Class M | 4.08% | 9.87% | 8.94% | 16.59% | -14.31% | 22.62% | 12.48% | 28.98% | -8.06% | 19.55% |
FZFLX Fidelity SAI Small-Mid Cap 500 Index Fund | 7.81% | 10.76% | 15.52% | 17.75% | -15.62% | 20.40% | 19.78% | 31.96% | -9.25% | 18.41% |
Returns By Period
In the year-to-date period, FMCAX achieves a 4.08% return, which is significantly lower than FZFLX's 7.81% return. Over the past 10 years, FMCAX has underperformed FZFLX with an annualized return of 10.35%, while FZFLX has yielded a comparatively higher 12.08% annualized return.
FMCAX
- 1D
- 3.10%
- 1M
- -5.89%
- YTD
- 4.08%
- 6M
- 7.05%
- 1Y
- 19.03%
- 3Y*
- 11.40%
- 5Y*
- 5.98%
- 10Y*
- 10.35%
FZFLX
- 1D
- 5.00%
- 1M
- -6.21%
- YTD
- 7.81%
- 6M
- 9.60%
- 1Y
- 26.35%
- 3Y*
- 16.05%
- 5Y*
- 8.15%
- 10Y*
- 12.08%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FMCAX vs. FZFLX - Expense Ratio Comparison
FMCAX has a 1.29% expense ratio, which is higher than FZFLX's 0.05% expense ratio.
Return for Risk
FMCAX vs. FZFLX — Risk / Return Rank
FMCAX
FZFLX
FMCAX vs. FZFLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Stock Selector Mid Cap Fund Class M (FMCAX) and Fidelity SAI Small-Mid Cap 500 Index Fund (FZFLX). 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.
| FMCAX | FZFLX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.93 | 1.13 | -0.20 |
Sortino ratioReturn per unit of downside risk | 1.43 | 1.66 | -0.23 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.23 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.41 | 1.73 | -0.32 |
Martin ratioReturn relative to average drawdown | 6.19 | 7.43 | -1.24 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FMCAX | FZFLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.93 | 1.13 | -0.20 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | 0.40 | -0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | 0.58 | -0.08 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.54 | -0.07 |
Correlation
The correlation between FMCAX and FZFLX is 0.97, 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
FMCAX vs. FZFLX - Dividend Comparison
FMCAX's dividend yield for the trailing twelve months is around 7.85%, less than FZFLX's 53.58% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMCAX Fidelity Advisor Stock Selector Mid Cap Fund Class M | 7.85% | 8.17% | 0.00% | 0.36% | 9.72% | 13.00% | 2.00% | 3.87% | 21.28% | 4.27% | 0.51% | 1.53% |
FZFLX Fidelity SAI Small-Mid Cap 500 Index Fund | 53.58% | 57.77% | 10.20% | 2.35% | 79.79% | 50.77% | 7.19% | 6.49% | 7.69% | 1.68% | 0.93% | 0.67% |
Drawdowns
FMCAX vs. FZFLX - Drawdown Comparison
The maximum FMCAX drawdown since its inception was -65.06%, which is greater than FZFLX's maximum drawdown of -42.03%. Use the drawdown chart below to compare losses from any high point for FMCAX and FZFLX.
Loading graphics...
Drawdown Indicators
| FMCAX | FZFLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.06% | -42.03% | -23.03% |
Max Drawdown (1Y)Largest decline over 1 year | -14.31% | -14.54% | +0.23% |
Max Drawdown (5Y)Largest decline over 5 years | -25.04% | -24.77% | -0.27% |
Max Drawdown (10Y)Largest decline over 10 years | -43.42% | -42.03% | -1.39% |
Current DrawdownCurrent decline from peak | -5.89% | -6.21% | +0.32% |
Average DrawdownAverage peak-to-trough decline | -11.02% | -5.81% | -5.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.26% | 3.38% | -0.12% |
Volatility
FMCAX vs. FZFLX - Volatility Comparison
The current volatility for Fidelity Advisor Stock Selector Mid Cap Fund Class M (FMCAX) is 7.18%, while Fidelity SAI Small-Mid Cap 500 Index Fund (FZFLX) has a volatility of 11.32%. This indicates that FMCAX experiences smaller price fluctuations and is considered to be less risky than FZFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FMCAX | FZFLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.18% | 11.32% | -4.14% |
Volatility (6M)Calculated over the trailing 6-month period | 12.46% | 16.31% | -3.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.40% | 24.32% | -2.92% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.96% | 20.78% | -0.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.96% | 20.91% | +0.05% |