FMCAX vs. FZROX
Compare and contrast key facts about Fidelity Advisor Stock Selector Mid Cap Fund Class M (FMCAX) and Fidelity ZERO Total Market Index Fund (FZROX).
FMCAX is managed by Fidelity. It was launched on Feb 20, 1996. FZROX is managed by Fidelity.
Performance
FMCAX vs. FZROX - Performance Comparison
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FMCAX vs. FZROX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
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% | -15.24% |
FZROX Fidelity ZERO Total Market Index Fund | -3.98% | 17.23% | 23.94% | 26.20% | -19.21% | 26.00% | 20.51% | 31.15% | -12.72% |
Returns By Period
In the year-to-date period, FMCAX achieves a 4.08% return, which is significantly higher than FZROX's -3.98% 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%
FZROX
- 1D
- 2.99%
- 1M
- -5.06%
- YTD
- -3.98%
- 6M
- -1.97%
- 1Y
- 17.77%
- 3Y*
- 17.96%
- 5Y*
- 10.74%
- 10Y*
- —
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FMCAX vs. FZROX - Expense Ratio Comparison
FMCAX has a 1.29% expense ratio, which is higher than FZROX's 0.00% expense ratio.
Return for Risk
FMCAX vs. FZROX — Risk / Return Rank
FMCAX
FZROX
FMCAX vs. FZROX - 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 ZERO Total Market Index Fund (FZROX). 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 | FZROX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.93 | 0.98 | -0.05 |
Sortino ratioReturn per unit of downside risk | 1.43 | 1.50 | -0.07 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.23 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.41 | 1.51 | -0.10 |
Martin ratioReturn relative to average drawdown | 6.19 | 7.28 | -1.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FMCAX | FZROX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.93 | 0.98 | -0.05 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.30 | 0.62 | -0.32 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.50 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.47 | 0.63 | -0.16 |
Correlation
The correlation between FMCAX and FZROX is 0.88, 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. FZROX - Dividend Comparison
FMCAX's dividend yield for the trailing twelve months is around 7.85%, more than FZROX's 1.07% 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% |
FZROX Fidelity ZERO Total Market Index Fund | 1.07% | 1.02% | 1.16% | 1.36% | 1.57% | 1.25% | 1.27% | 1.51% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FMCAX vs. FZROX - Drawdown Comparison
The maximum FMCAX drawdown since its inception was -65.06%, which is greater than FZROX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FMCAX and FZROX.
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Drawdown Indicators
| FMCAX | FZROX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.06% | -34.96% | -30.10% |
Max Drawdown (1Y)Largest decline over 1 year | -14.31% | -12.44% | -1.87% |
Max Drawdown (5Y)Largest decline over 5 years | -25.04% | -25.12% | +0.08% |
Max Drawdown (10Y)Largest decline over 10 years | -43.42% | — | — |
Current DrawdownCurrent decline from peak | -5.89% | -6.16% | +0.27% |
Average DrawdownAverage peak-to-trough decline | -11.02% | -5.61% | -5.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.26% | 2.58% | +0.68% |
Volatility
FMCAX vs. FZROX - Volatility Comparison
Fidelity Advisor Stock Selector Mid Cap Fund Class M (FMCAX) has a higher volatility of 7.18% compared to Fidelity ZERO Total Market Index Fund (FZROX) at 5.52%. This indicates that FMCAX's price experiences larger fluctuations and is considered to be riskier than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FMCAX | FZROX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.18% | 5.52% | +1.66% |
Volatility (6M)Calculated over the trailing 6-month period | 12.46% | 9.81% | +2.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.40% | 18.68% | +2.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.96% | 17.45% | +2.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.96% | 20.28% | +0.68% |