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FMCDX vs. FIIAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FMCDX vs. FIIAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Stock Selector Mid Cap Fund Class A (FMCDX) and Fidelity Advisor Mid Cap II Fund Class A (FIIAX). The values are adjusted to include any dividend payments, if applicable.

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FMCDX vs. FIIAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FMCDX
Fidelity Advisor Stock Selector Mid Cap Fund Class A
4.11%10.17%8.89%16.86%-14.11%22.92%12.77%29.26%-7.82%19.57%
FIIAX
Fidelity Advisor Mid Cap II Fund Class A
4.90%7.21%16.96%14.68%-15.04%24.94%18.34%23.32%-15.21%20.32%

Returns By Period

In the year-to-date period, FMCDX achieves a 4.11% return, which is significantly lower than FIIAX's 4.90% return. Both investments have delivered pretty close results over the past 10 years, with FMCDX having a 10.56% annualized return and FIIAX not far ahead at 10.71%.


FMCDX

1D
3.09%
1M
-5.88%
YTD
4.11%
6M
7.17%
1Y
19.31%
3Y*
11.56%
5Y*
6.17%
10Y*
10.56%

FIIAX

1D
3.62%
1M
-6.57%
YTD
4.90%
6M
9.15%
1Y
25.28%
3Y*
13.47%
5Y*
7.35%
10Y*
10.71%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FMCDX vs. FIIAX - Expense Ratio Comparison

FMCDX has a 1.05% expense ratio, which is higher than FIIAX's 1.00% expense ratio.


Return for Risk

FMCDX vs. FIIAX — Risk / Return Rank

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

FMCDX
FMCDX Risk / Return Rank: 5050
Overall Rank
FMCDX Sharpe Ratio Rank: 4343
Sharpe Ratio Rank
FMCDX Sortino Ratio Rank: 4747
Sortino Ratio Rank
FMCDX Omega Ratio Rank: 4343
Omega Ratio Rank
FMCDX Calmar Ratio Rank: 5454
Calmar Ratio Rank
FMCDX Martin Ratio Rank: 6161
Martin Ratio Rank

FIIAX
FIIAX Risk / Return Rank: 6464
Overall Rank
FIIAX Sharpe Ratio Rank: 6060
Sharpe Ratio Rank
FIIAX Sortino Ratio Rank: 6060
Sortino Ratio Rank
FIIAX Omega Ratio Rank: 5858
Omega Ratio Rank
FIIAX Calmar Ratio Rank: 6969
Calmar Ratio Rank
FIIAX Martin Ratio Rank: 7474
Martin Ratio Rank
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.

FMCDX vs. FIIAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Stock Selector Mid Cap Fund Class A (FMCDX) and Fidelity Advisor Mid Cap II Fund Class A (FIIAX). 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.


FMCDXFIIAXDifference

Sharpe ratio

Return per unit of total volatility

0.95

1.16

-0.21

Sortino ratio

Return per unit of downside risk

1.45

1.67

-0.22

Omega ratio

Gain probability vs. loss probability

1.20

1.24

-0.04

Calmar ratio

Return relative to maximum drawdown

1.43

1.75

-0.32

Martin ratio

Return relative to average drawdown

6.29

7.68

-1.39

FMCDX vs. FIIAX - Sharpe Ratio Comparison

The current FMCDX Sharpe Ratio is 0.95, which is comparable to the FIIAX Sharpe Ratio of 1.16. The chart below compares the historical Sharpe Ratios of FMCDX and FIIAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FMCDXFIIAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.95

1.16

-0.21

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.31

0.36

-0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.51

0.51

-0.01

Sharpe Ratio (All Time)

Calculated using the full available price history

0.48

0.49

-0.01

Correlation

The correlation between FMCDX and FIIAX is 0.95, 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

FMCDX vs. FIIAX - Dividend Comparison

FMCDX's dividend yield for the trailing twelve months is around 8.24%, more than FIIAX's 6.73% yield.


TTM20252024202320222021202020192018201720162015
FMCDX
Fidelity Advisor Stock Selector Mid Cap Fund Class A
8.24%8.58%0.00%0.61%10.14%13.43%2.25%4.16%21.85%4.30%1.03%9.17%
FIIAX
Fidelity Advisor Mid Cap II Fund Class A
6.73%6.21%6.89%2.59%5.68%18.94%1.12%3.21%10.53%7.60%8.69%4.74%

Drawdowns

FMCDX vs. FIIAX - Drawdown Comparison

The maximum FMCDX drawdown since its inception was -65.00%, which is greater than FIIAX's maximum drawdown of -53.35%. Use the drawdown chart below to compare losses from any high point for FMCDX and FIIAX.


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Drawdown Indicators


FMCDXFIIAXDifference

Max Drawdown

Largest peak-to-trough decline

-65.00%

-53.35%

-11.65%

Max Drawdown (1Y)

Largest decline over 1 year

-14.31%

-14.85%

+0.54%

Max Drawdown (5Y)

Largest decline over 5 years

-25.19%

-28.25%

+3.06%

Max Drawdown (10Y)

Largest decline over 10 years

-43.40%

-42.33%

-1.07%

Current Drawdown

Current decline from peak

-5.88%

-6.57%

+0.69%

Average Drawdown

Average peak-to-trough decline

-10.69%

-8.26%

-2.43%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.25%

3.38%

-0.13%

Volatility

FMCDX vs. FIIAX - Volatility Comparison

The current volatility for Fidelity Advisor Stock Selector Mid Cap Fund Class A (FMCDX) is 7.17%, while Fidelity Advisor Mid Cap II Fund Class A (FIIAX) has a volatility of 8.57%. This indicates that FMCDX experiences smaller price fluctuations and is considered to be less risky than FIIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FMCDXFIIAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

7.17%

8.57%

-1.40%

Volatility (6M)

Calculated over the trailing 6-month period

12.42%

13.91%

-1.49%

Volatility (1Y)

Calculated over the trailing 1-year period

21.39%

22.31%

-0.92%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

19.96%

20.29%

-0.33%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.95%

20.97%

-0.02%