FMPAX vs. TRMCX
Compare and contrast key facts about Fidelity Advisor Mid Cap Value Fund Class A (FMPAX) and T. Rowe Price Mid-Cap Value Fund (TRMCX).
FMPAX is managed by Fidelity. It was launched on Feb 13, 2007. TRMCX is managed by T. Rowe Price. It was launched on Jun 28, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FMPAX or TRMCX.
Correlation
The correlation between FMPAX and TRMCX 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.
Performance
FMPAX vs. TRMCX - Performance Comparison
Key characteristics
FMPAX:
0.40
TRMCX:
0.35
FMPAX:
0.63
TRMCX:
0.52
FMPAX:
1.08
TRMCX:
1.09
FMPAX:
0.40
TRMCX:
0.34
FMPAX:
1.06
TRMCX:
0.92
FMPAX:
6.25%
TRMCX:
6.65%
FMPAX:
16.61%
TRMCX:
17.38%
FMPAX:
-63.00%
TRMCX:
-60.52%
FMPAX:
-12.65%
TRMCX:
-13.23%
Returns By Period
In the year-to-date period, FMPAX achieves a 3.73% return, which is significantly lower than TRMCX's 4.17% return. Over the past 10 years, FMPAX has outperformed TRMCX with an annualized return of 3.36%, while TRMCX has yielded a comparatively lower 2.16% annualized return.
FMPAX
3.73%
0.43%
-1.78%
5.45%
7.50%
3.36%
TRMCX
4.17%
1.43%
-3.70%
4.75%
4.52%
2.16%
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FMPAX vs. TRMCX - Expense Ratio Comparison
FMPAX has a 0.86% expense ratio, which is higher than TRMCX's 0.77% expense ratio.
Risk-Adjusted Performance
FMPAX vs. TRMCX — Risk-Adjusted Performance Rank
FMPAX
TRMCX
FMPAX vs. TRMCX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Mid Cap Value Fund Class A (FMPAX) and T. Rowe Price Mid-Cap Value Fund (TRMCX). 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
FMPAX vs. TRMCX - Dividend Comparison
FMPAX's dividend yield for the trailing twelve months is around 0.68%, less than TRMCX's 1.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMPAX Fidelity Advisor Mid Cap Value Fund Class A | 0.68% | 0.71% | 0.57% | 1.20% | 1.08% | 1.78% | 1.61% | 2.10% | 1.63% | 1.11% | 2.08% | 7.13% |
TRMCX T. Rowe Price Mid-Cap Value Fund | 1.38% | 1.44% | 1.14% | 0.89% | 1.01% | 1.01% | 1.47% | 1.23% | 1.09% | 0.93% | 1.36% | 1.08% |
Drawdowns
FMPAX vs. TRMCX - Drawdown Comparison
The maximum FMPAX drawdown since its inception was -63.00%, roughly equal to the maximum TRMCX drawdown of -60.52%. Use the drawdown chart below to compare losses from any high point for FMPAX and TRMCX. For additional features, visit the drawdowns tool.
Volatility
FMPAX vs. TRMCX - Volatility Comparison
Fidelity Advisor Mid Cap Value Fund Class A (FMPAX) has a higher volatility of 3.68% compared to T. Rowe Price Mid-Cap Value Fund (TRMCX) at 3.11%. This indicates that FMPAX's price experiences larger fluctuations and is considered to be riskier than TRMCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.