FMCDX vs. FSMDX
Compare and contrast key facts about Fidelity Advisor Stock Selector Mid Cap Fund Class A (FMCDX) and Fidelity Mid Cap Index Fund (FSMDX).
FMCDX is managed by Fidelity. It was launched on Sep 3, 1996. FSMDX is managed by Fidelity. It was launched on Sep 8, 2011.
Performance
FMCDX vs. FSMDX - Performance Comparison
Loading graphics...
FMCDX vs. FSMDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FMCDX Fidelity Advisor Stock Selector Mid Cap Fund Class A | 0.99% | 10.17% | 8.89% | 16.86% | -14.11% | 22.92% | 12.77% | 29.26% | -7.82% | 19.57% |
FSMDX Fidelity Mid Cap Index Fund | -1.30% | 10.58% | 15.55% | 17.20% | -17.27% | 22.56% | 17.13% | 30.53% | -9.38% | 18.04% |
Returns By Period
In the year-to-date period, FMCDX achieves a 0.99% return, which is significantly higher than FSMDX's -1.30% return. Both investments have delivered pretty close results over the past 10 years, with FMCDX having a 10.22% annualized return and FSMDX not far ahead at 10.52%.
FMCDX
- 1D
- -0.85%
- 1M
- -7.86%
- YTD
- 0.99%
- 6M
- 4.19%
- 1Y
- 16.54%
- 3Y*
- 10.44%
- 5Y*
- 5.81%
- 10Y*
- 10.22%
FSMDX
- 1D
- -0.76%
- 1M
- -7.77%
- YTD
- -1.30%
- 6M
- -1.14%
- 1Y
- 13.02%
- 3Y*
- 12.41%
- 5Y*
- 6.74%
- 10Y*
- 10.52%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FMCDX vs. FSMDX - Expense Ratio Comparison
FMCDX has a 1.05% expense ratio, which is higher than FSMDX's 0.03% expense ratio.
Return for Risk
FMCDX vs. FSMDX — Risk / Return Rank
FMCDX
FSMDX
FMCDX vs. FSMDX - 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 Mid Cap Index Fund (FSMDX). 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.
| FMCDX | FSMDX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.80 | 0.72 | +0.08 |
Sortino ratioReturn per unit of downside risk | 1.25 | 1.13 | +0.12 |
Omega ratioGain probability vs. loss probability | 1.17 | 1.16 | +0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.02 | 0.87 | +0.16 |
Martin ratioReturn relative to average drawdown | 4.54 | 4.07 | +0.47 |
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
| FMCDX | FSMDX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.80 | 0.72 | +0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | 0.37 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.55 | -0.06 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.48 | 0.65 | -0.17 |
Correlation
The correlation between FMCDX and FSMDX 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
FMCDX vs. FSMDX - Dividend Comparison
FMCDX's dividend yield for the trailing twelve months is around 8.50%, more than FSMDX's 1.12% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMCDX Fidelity Advisor Stock Selector Mid Cap Fund Class A | 8.50% | 8.58% | 0.00% | 0.61% | 10.14% | 13.43% | 2.25% | 4.16% | 21.85% | 4.30% | 1.03% | 9.17% |
FSMDX Fidelity Mid Cap Index Fund | 1.12% | 1.10% | 2.46% | 1.39% | 2.07% | 3.35% | 2.34% | 2.86% | 2.21% | 2.17% | 2.23% | 2.84% |
Drawdowns
FMCDX vs. FSMDX - Drawdown Comparison
The maximum FMCDX drawdown since its inception was -65.00%, which is greater than FSMDX's maximum drawdown of -40.35%. Use the drawdown chart below to compare losses from any high point for FMCDX and FSMDX.
Loading graphics...
Drawdown Indicators
| FMCDX | FSMDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -65.00% | -40.35% | -24.65% |
Max Drawdown (1Y)Largest decline over 1 year | -14.31% | -13.42% | -0.89% |
Max Drawdown (5Y)Largest decline over 5 years | -25.19% | -26.07% | +0.88% |
Max Drawdown (10Y)Largest decline over 10 years | -43.40% | -40.35% | -3.05% |
Current DrawdownCurrent decline from peak | -8.70% | -8.16% | -0.54% |
Average DrawdownAverage peak-to-trough decline | -10.69% | -5.00% | -5.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.23% | 2.86% | +0.37% |
Volatility
FMCDX vs. FSMDX - Volatility Comparison
Fidelity Advisor Stock Selector Mid Cap Fund Class A (FMCDX) has a higher volatility of 6.40% compared to Fidelity Mid Cap Index Fund (FSMDX) at 4.74%. This indicates that FMCDX's price experiences larger fluctuations and is considered to be riskier than FSMDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FMCDX | FSMDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.40% | 4.74% | +1.66% |
Volatility (6M)Calculated over the trailing 6-month period | 12.05% | 10.17% | +1.88% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.22% | 18.96% | +2.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.92% | 18.23% | +1.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.93% | 19.28% | +1.65% |