FMCCX vs. DNLDX

Last updated Jun 4, 2026

FMCCX (Fidelity Advisor Stock Selector Mid Cap Fund Class I) and DNLDX (BNY Mellon Active MidCap Fund) are both Mid Cap Blend Equities funds. Over the past 10 years, FMCCX returned 12.01%/yr vs 10.01%/yr for DNLDX. Their correlation of 0.93 suggests significant overlap in exposure. FMCCX charges 0.82%/yr vs 1.00%/yr for DNLDX.

Performance

FMCCX vs. DNLDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Stock Selector Mid Cap Fund Class I (FMCCX) and BNY Mellon Active MidCap Fund (DNLDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FMCCX achieves a 18.74% return, which is significantly higher than DNLDX's 11.73% return. Over the past 10 years, FMCCX has outperformed DNLDX with an annualized return of 12.01%, while DNLDX has yielded a comparatively lower 10.01% annualized return.

FMCCX

• 1D: 1.16%
• 1M: 4.61%
• YTD: 18.74%
• 6M: 18.65%
• 1Y: 31.26%
• 3Y*: 16.84%
• 5Y*: 8.26%
• 10Y*: 12.01%

DNLDX

• 1D: 0.43%
• 1M: 3.72%
• YTD: 11.73%
• 6M: 12.09%
• 1Y: 21.00%
• 3Y*: 18.88%
• 5Y*: 10.49%
• 10Y*: 10.01%

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

FMCCX vs. DNLDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FMCCX Fidelity Advisor Stock Selector Mid Cap Fund Class I	18.74%	10.42%	9.18%	17.17%	-13.93%	23.21%	13.04%	29.58%	-7.63%	19.57%
DNLDX BNY Mellon Active MidCap Fund	11.73%	9.79%	22.27%	16.99%	-14.34%	26.49%	9.29%	16.82%	-14.46%	16.64%

Correlation

The correlation between FMCCX and DNLDX is 0.94, 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	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.96
Correlation (10Y) Calculated over the trailing 10-year period	0.95
Correlation (All Time) Calculated using the full available price history since Feb 21, 1996	0.93

The correlation between FMCCX and DNLDX has been stable across timeframes, ranging from 0.93 to 0.96 - a consistent structural relationship.

Return for Risk

FMCCX vs. DNLDX — Risk / Return Rank

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

FMCCX

FMCCX Risk / Return Rank: 59
FMCCX Sharpe Ratio Rank: 48
FMCCX Sortino Ratio Rank: 47
FMCCX Omega Ratio Rank: 44
FMCCX Calmar Ratio Rank: 82
FMCCX Martin Ratio Rank: 74

DNLDX

DNLDX Risk / Return Rank: 44
DNLDX Sharpe Ratio Rank: 35
DNLDX Sortino Ratio Rank: 35
DNLDX Omega Ratio Rank: 31
DNLDX Calmar Ratio Rank: 63
DNLDX Martin Ratio Rank: 57

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.

FMCCX vs. DNLDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Stock Selector Mid Cap Fund Class I (FMCCX) and BNY Mellon Active MidCap Fund (DNLDX). 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.

	FMCCX	DNLDX	Difference
Sharpe ratio: Return per unit of total volatility	2.05	1.70	+0.35
Sortino ratio: Return per unit of downside risk	2.90	2.46	+0.44
Omega ratio: Gain probability vs. loss probability	1.36	1.29	+0.07
Calmar ratio: Return relative to maximum drawdown	3.78	3.05	+0.74
Martin ratio: Return relative to average drawdown	14.12	11.45	+2.67
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FMCCX vs. DNLDX - Sharpe Ratio Comparison

The current FMCCX Sharpe Ratio is 2.05, which is comparable to the DNLDX Sharpe Ratio of 1.70. The chart below compares the historical Sharpe Ratios of FMCCX and DNLDX, 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

	FMCCX	DNLDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.05	1.70	+0.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.41	0.57	-0.16
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.57	0.51	+0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.55	-0.04

Drawdowns

FMCCX vs. DNLDX - Drawdown Comparison

The maximum FMCCX drawdown since its inception was -64.90%, roughly equal to the maximum DNLDX drawdown of -63.69%. Use the drawdown chart below to compare losses from any high point for FMCCX and DNLDX.

Drawdown Indicators

	FMCCX	DNLDX	Difference
Max Drawdown Largest peak-to-trough decline	-64.90%	-63.69%	-1.21%
Max Drawdown (1Y) Largest decline over 1 year	-8.69%	-7.29%	-1.40%
Max Drawdown (3Y) Largest decline over 3 years	-25.10%	-20.42%	-4.68%
Max Drawdown (5Y) Largest decline over 5 years	-25.10%	-23.42%	-1.68%
Max Drawdown (10Y) Largest decline over 10 years	-43.38%	-42.23%	-1.15%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-10.59%	-9.63%	-0.96%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.32%	1.94%	+0.38%

Volatility

FMCCX vs. DNLDX - Volatility Comparison

Fidelity Advisor Stock Selector Mid Cap Fund Class I (FMCCX) has a higher volatility of 4.68% compared to BNY Mellon Active MidCap Fund (DNLDX) at 3.36%. This indicates that FMCCX's price experiences larger fluctuations and is considered to be riskier than DNLDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FMCCX	DNLDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.68%	3.36%	+1.32%
Volatility (6M) Calculated over the trailing 6-month period	12.24%	9.55%	+2.69%
Volatility (1Y) Calculated over the trailing 1-year period	16.07%	13.10%	+2.97%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.02%	18.48%	+1.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.00%	19.51%	+1.49%

FMCCX vs. DNLDX - Expense Ratio Comparison

FMCCX has a 0.82% expense ratio, which is lower than DNLDX's 1.00% expense ratio.

Dividends

FMCCX vs. DNLDX - Dividend Comparison

FMCCX's dividend yield for the trailing twelve months is around 6.81%, less than DNLDX's 13.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DNLDX BNY Mellon Active MidCap Fund	13.45%	14.15%	15.24%	1.69%	8.82%	17.74%	2.77%	2.65%	11.14%	11.32%	1.00%	3.12%
FMCCX Fidelity Advisor Stock Selector Mid Cap Fund Class I	6.81%	8.08%	0.00%	0.76%	9.69%	12.82%	2.30%	4.14%	20.89%	4.12%	0.97%	1.81%

Frequently Asked Questions

Can I hold both FMCCX and DNLDX in my portfolio?

With a correlation of 0.94, FMCCX and DNLDX 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.

Which is riskier, FMCCX or DNLDX?

FMCCX has higher volatility (4.68%) compared to DNLDX (3.36%). In terms of maximum drawdown, FMCCX dropped -64.90% vs DNLDX's -63.69%.

Which has better risk-adjusted returns?

FMCCX currently has the higher Sharpe Ratio (2.05 vs 1.70), 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.