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FMPAX vs. AMDVX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FMPAX vs. AMDVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Mid Cap Value Fund Class A (FMPAX) and American Century Mid Cap Value R6 (AMDVX). The values are adjusted to include any dividend payments, if applicable.

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FMPAX vs. AMDVX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FMPAX
Fidelity Advisor Mid Cap Value Fund Class A
0.50%12.75%14.22%22.18%-10.89%33.60%0.68%23.19%-19.16%16.73%
AMDVX
American Century Mid Cap Value R6
1.04%9.21%8.87%6.54%-0.35%23.83%1.99%29.32%-12.18%11.95%

Returns By Period

In the year-to-date period, FMPAX achieves a 0.50% return, which is significantly lower than AMDVX's 1.04% return. Both investments have delivered pretty close results over the past 10 years, with FMPAX having a 9.34% annualized return and AMDVX not far behind at 9.11%.


FMPAX

1D
-1.09%
1M
-9.33%
YTD
0.50%
6M
5.56%
1Y
18.97%
3Y*
15.78%
5Y*
9.93%
10Y*
9.34%

AMDVX

1D
-0.33%
1M
-7.87%
YTD
1.04%
6M
1.15%
1Y
7.98%
3Y*
8.10%
5Y*
7.08%
10Y*
9.11%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FMPAX vs. AMDVX - Expense Ratio Comparison

FMPAX has a 0.86% expense ratio, which is higher than AMDVX's 0.63% expense ratio.


Return for Risk

FMPAX vs. AMDVX — Risk / Return Rank

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

FMPAX
FMPAX Risk / Return Rank: 4747
Overall Rank
FMPAX Sharpe Ratio Rank: 4646
Sharpe Ratio Rank
FMPAX Sortino Ratio Rank: 5050
Sortino Ratio Rank
FMPAX Omega Ratio Rank: 4545
Omega Ratio Rank
FMPAX Calmar Ratio Rank: 4747
Calmar Ratio Rank
FMPAX Martin Ratio Rank: 4848
Martin Ratio Rank

AMDVX
AMDVX Risk / Return Rank: 2323
Overall Rank
AMDVX Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
AMDVX Sortino Ratio Rank: 2323
Sortino Ratio Rank
AMDVX Omega Ratio Rank: 2020
Omega Ratio Rank
AMDVX Calmar Ratio Rank: 2525
Calmar Ratio Rank
AMDVX Martin Ratio Rank: 2525
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.

FMPAX vs. AMDVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Mid Cap Value Fund Class A (FMPAX) and American Century Mid Cap Value R6 (AMDVX). 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.


FMPAXAMDVXDifference

Sharpe ratio

Return per unit of total volatility

0.91

0.57

+0.34

Sortino ratio

Return per unit of downside risk

1.40

0.92

+0.48

Omega ratio

Gain probability vs. loss probability

1.19

1.12

+0.07

Calmar ratio

Return relative to maximum drawdown

1.18

0.73

+0.45

Martin ratio

Return relative to average drawdown

4.82

2.74

+2.08

FMPAX vs. AMDVX - Sharpe Ratio Comparison

The current FMPAX Sharpe Ratio is 0.91, which is higher than the AMDVX Sharpe Ratio of 0.57. The chart below compares the historical Sharpe Ratios of FMPAX and AMDVX, 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


FMPAXAMDVXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.91

0.57

+0.34

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.50

0.49

+0.01

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.45

0.52

-0.08

Sharpe Ratio (All Time)

Calculated using the full available price history

0.36

0.55

-0.19

Correlation

The correlation between FMPAX and AMDVX is 0.94, 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

FMPAX vs. AMDVX - Dividend Comparison

FMPAX's dividend yield for the trailing twelve months is around 7.78%, less than AMDVX's 14.60% yield.


TTM20252024202320222021202020192018201720162015
FMPAX
Fidelity Advisor Mid Cap Value Fund Class A
7.78%8.24%10.38%0.96%13.09%1.08%1.78%1.61%14.62%8.77%1.11%4.99%
AMDVX
American Century Mid Cap Value R6
14.60%14.83%9.13%5.59%15.97%16.32%2.14%1.79%15.04%9.85%4.38%11.43%

Drawdowns

FMPAX vs. AMDVX - Drawdown Comparison

The maximum FMPAX drawdown since its inception was -63.15%, which is greater than AMDVX's maximum drawdown of -39.21%. Use the drawdown chart below to compare losses from any high point for FMPAX and AMDVX.


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Drawdown Indicators


FMPAXAMDVXDifference

Max Drawdown

Largest peak-to-trough decline

-63.15%

-39.21%

-23.94%

Max Drawdown (1Y)

Largest decline over 1 year

-14.74%

-10.95%

-3.79%

Max Drawdown (5Y)

Largest decline over 5 years

-23.79%

-16.96%

-6.83%

Max Drawdown (10Y)

Largest decline over 10 years

-45.47%

-39.21%

-6.26%

Current Drawdown

Current decline from peak

-10.34%

-7.98%

-2.36%

Average Drawdown

Average peak-to-trough decline

-9.80%

-4.00%

-5.80%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.60%

2.91%

+0.69%

Volatility

FMPAX vs. AMDVX - Volatility Comparison

Fidelity Advisor Mid Cap Value Fund Class A (FMPAX) has a higher volatility of 5.65% compared to American Century Mid Cap Value R6 (AMDVX) at 3.70%. This indicates that FMPAX's price experiences larger fluctuations and is considered to be riskier than AMDVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FMPAXAMDVXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.65%

3.70%

+1.95%

Volatility (6M)

Calculated over the trailing 6-month period

11.77%

8.54%

+3.23%

Volatility (1Y)

Calculated over the trailing 1-year period

21.44%

15.54%

+5.90%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.08%

14.62%

+5.46%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

21.04%

17.47%

+3.57%