FMCCX vs. IWP
Compare and contrast key facts about Fidelity Advisor Stock Selector Mid Cap Fund Class I (FMCCX) and iShares Russell Midcap Growth ETF (IWP).
FMCCX is managed by Fidelity. It was launched on Feb 20, 1996. IWP is a passively managed fund by iShares that tracks the performance of the Russell Midcap Growth Index. It was launched on Jul 17, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FMCCX or IWP.
Correlation
The correlation between FMCCX and IWP is 0.89, 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.
Performance
FMCCX vs. IWP - Performance Comparison
Key characteristics
FMCCX:
0.76
IWP:
1.57
FMCCX:
1.15
IWP:
2.15
FMCCX:
1.14
IWP:
1.27
FMCCX:
0.65
IWP:
1.77
FMCCX:
2.88
IWP:
7.17
FMCCX:
4.13%
IWP:
3.54%
FMCCX:
15.78%
IWP:
16.18%
FMCCX:
-64.13%
IWP:
-56.92%
FMCCX:
-6.38%
IWP:
-1.48%
Returns By Period
In the year-to-date period, FMCCX achieves a 5.20% return, which is significantly lower than IWP's 8.50% return. Over the past 10 years, FMCCX has underperformed IWP with an annualized return of 3.87%, while IWP has yielded a comparatively higher 11.71% annualized return.
FMCCX
5.20%
0.89%
6.25%
13.22%
5.25%
3.87%
IWP
8.50%
3.95%
21.04%
27.13%
12.05%
11.71%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FMCCX vs. IWP - Expense Ratio Comparison
FMCCX has a 0.82% expense ratio, which is higher than IWP's 0.24% expense ratio.
Risk-Adjusted Performance
FMCCX vs. IWP — Risk-Adjusted Performance Rank
FMCCX
IWP
FMCCX vs. IWP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Stock Selector Mid Cap Fund Class I (FMCCX) and iShares Russell Midcap Growth ETF (IWP). 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.
Dividends
FMCCX vs. IWP - Dividend Comparison
FMCCX's dividend yield for the trailing twelve months is around 0.50%, more than IWP's 0.37% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMCCX Fidelity Advisor Stock Selector Mid Cap Fund Class I | 0.50% | 0.52% | 0.76% | 0.75% | 0.71% | 1.01% | 0.77% | 1.01% | 0.52% | 0.78% | 0.33% | 0.29% |
IWP iShares Russell Midcap Growth ETF | 0.37% | 0.40% | 0.54% | 0.77% | 0.30% | 0.38% | 0.60% | 1.02% | 0.78% | 1.47% | 0.98% | 1.03% |
Drawdowns
FMCCX vs. IWP - Drawdown Comparison
The maximum FMCCX drawdown since its inception was -64.13%, which is greater than IWP's maximum drawdown of -56.92%. Use the drawdown chart below to compare losses from any high point for FMCCX and IWP. For additional features, visit the drawdowns tool.
Volatility
FMCCX vs. IWP - Volatility Comparison
The current volatility for Fidelity Advisor Stock Selector Mid Cap Fund Class I (FMCCX) is 3.62%, while iShares Russell Midcap Growth ETF (IWP) has a volatility of 4.81%. This indicates that FMCCX experiences smaller price fluctuations and is considered to be less risky than IWP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.