FMPAX vs. FSKAX
Compare and contrast key facts about Fidelity Advisor Mid Cap Value Fund Class A (FMPAX) and Fidelity Total Market Index Fund (FSKAX).
FMPAX is managed by Fidelity. It was launched on Feb 13, 2007. FSKAX is managed by Fidelity.
Performance
FMPAX vs. FSKAX - Performance Comparison
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FMPAX vs. FSKAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
FSKAX Fidelity Total Market Index Fund | -6.77% | 17.06% | 23.89% | 26.12% | -19.53% | 25.66% | 20.79% | 30.92% | -5.32% | 20.85% |
Returns By Period
In the year-to-date period, FMPAX achieves a 0.50% return, which is significantly higher than FSKAX's -6.77% return. Over the past 10 years, FMPAX has underperformed FSKAX with an annualized return of 9.34%, while FSKAX has yielded a comparatively higher 13.23% annualized return.
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%
FSKAX
- 1D
- -0.47%
- 1M
- -7.69%
- YTD
- -6.77%
- 6M
- -4.56%
- 1Y
- 14.73%
- 3Y*
- 16.72%
- 5Y*
- 10.13%
- 10Y*
- 13.23%
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FMPAX vs. FSKAX - Expense Ratio Comparison
FMPAX has a 0.86% expense ratio, which is higher than FSKAX's 0.02% expense ratio.
Return for Risk
FMPAX vs. FSKAX — Risk / Return Rank
FMPAX
FSKAX
FMPAX vs. FSKAX - 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 Fidelity Total Market Index Fund (FSKAX). 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.
| FMPAX | FSKAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.91 | 0.83 | +0.08 |
Sortino ratioReturn per unit of downside risk | 1.40 | 1.29 | +0.12 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.19 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.18 | 1.04 | +0.14 |
Martin ratioReturn relative to average drawdown | 4.82 | 5.05 | -0.23 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FMPAX | FSKAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.91 | 0.83 | +0.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.59 | -0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.72 | -0.28 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.78 | -0.42 |
Correlation
The correlation between FMPAX and FSKAX is 0.88, 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. FSKAX - Dividend Comparison
FMPAX's dividend yield for the trailing twelve months is around 7.78%, more than FSKAX's 1.09% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
FSKAX Fidelity Total Market Index Fund | 1.09% | 1.01% | 1.19% | 1.41% | 1.62% | 1.15% | 1.45% | 1.94% | 2.54% | 2.07% | 2.43% | 0.82% |
Drawdowns
FMPAX vs. FSKAX - Drawdown Comparison
The maximum FMPAX drawdown since its inception was -63.15%, which is greater than FSKAX's maximum drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for FMPAX and FSKAX.
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Drawdown Indicators
| FMPAX | FSKAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.15% | -35.01% | -28.14% |
Max Drawdown (1Y)Largest decline over 1 year | -14.74% | -12.42% | -2.32% |
Max Drawdown (5Y)Largest decline over 5 years | -23.79% | -25.39% | +1.60% |
Max Drawdown (10Y)Largest decline over 10 years | -45.47% | -35.01% | -10.46% |
Current DrawdownCurrent decline from peak | -10.34% | -8.92% | -1.42% |
Average DrawdownAverage peak-to-trough decline | -9.80% | -4.05% | -5.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.60% | 2.57% | +1.03% |
Volatility
FMPAX vs. FSKAX - Volatility Comparison
Fidelity Advisor Mid Cap Value Fund Class A (FMPAX) has a higher volatility of 5.65% compared to Fidelity Total Market Index Fund (FSKAX) at 4.42%. This indicates that FMPAX's price experiences larger fluctuations and is considered to be riskier than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FMPAX | FSKAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.65% | 4.42% | +1.23% |
Volatility (6M)Calculated over the trailing 6-month period | 11.77% | 9.40% | +2.37% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.44% | 18.50% | +2.94% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.08% | 17.38% | +2.70% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.04% | 18.42% | +2.62% |