FSCDX vs. VTWO
FSCDX (Fidelity Advisor Small Cap Fund Class A) and VTWO (Vanguard Russell 2000 ETF) are both Small Cap Blend Equities funds. Over the past 10 years, FSCDX returned 9.67%/yr vs 10.85%/yr for VTWO. Their 0.95 correlation means they have historically moved very closely together. FSCDX charges 1.22%/yr vs 0.06%/yr for VTWO.
Performance
FSCDX vs. VTWO - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with FSCDX having a 19.71% return and VTWO slightly lower at 18.91%. Over the past 10 years, FSCDX has underperformed VTWO with an annualized return of 9.67%, while VTWO has yielded a comparatively higher 10.85% annualized return.
FSCDX
- 1D
- 1.52%
- 1M
- -1.77%
- 6M
- 14.29%
- YTD
- 19.71%
- 1Y
- 32.93%
- 3Y*
- 10.68%
- 5Y*
- 5.79%
- 10Y*
- 9.67%
- ALL TIME*
- 9.64%
VTWO
- 1D
- -0.42%
- 1M
- -2.08%
- 6M
- 12.79%
- YTD
- 18.91%
- 1Y
- 37.17%
- 3Y*
- 15.32%
- 5Y*
- 7.17%
- 10Y*
- 10.85%
- ALL TIME*
- 11.32%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $175.65M | $196.25M | $231.49M |
FSCDX vs. VTWO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSCDX Fidelity Advisor Small Cap Fund Class A | 19.71% | 11.85% | -2.52% | 18.29% | -20.70% | 31.22% | 17.13% | 32.31% | -16.38% | 13.77% |
VTWO Vanguard Russell 2000 ETF | 18.91% | 12.90% | 11.55% | 17.08% | -20.49% | 14.79% | 20.22% | 25.81% | -11.15% | 14.69% |
Correlation
The correlation between FSCDX and VTWO is 0.92, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.92 |
Correlation (3Y) Balances recent behavior with more history. | 0.95 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.96 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.96 |
Correlation (All Time) Calculated using the full available price history since Sep 22, 2010 | 0.95 |
The correlation between FSCDX and VTWO has been stable across timeframes, ranging from 0.92 to 0.96 - a consistent structural relationship.
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Return for Risk
FSCDX vs. VTWO — Risk / Return Rank
FSCDX
VTWO
FSCDX vs. VTWO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Small Cap Fund Class A (FSCDX) and Vanguard Russell 2000 ETF (VTWO). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FSCDX | VTWO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.18 | ||
| Sortino ratioReturn per unit of downside risk | -0.15 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.30 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.15 | 3.14 | +0.01 |
| Martin ratioReturn relative to average drawdown | 11.14 | 11.17 | -0.03 |
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Drawdowns
FSCDX vs. VTWO - Drawdown Comparison
The maximum FSCDX drawdown since its inception was -50.10%, which is greater than VTWO's maximum drawdown of -41.19%. Use the drawdown chart below to compare losses from any high point for FSCDX and VTWO.
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Drawdown Indicators
| FSCDX | VTWO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.10% | -41.19% | -8.91% |
Max Drawdown (1Y)Largest decline over 1 year | -9.33% | -10.99% | +1.66% |
Max Drawdown (3Y)Largest decline over 3 years | -35.42% | -27.57% | -7.85% |
Max Drawdown (5Y)Largest decline over 5 years | -35.42% | -31.88% | -3.54% |
Max Drawdown (10Y)Largest decline over 10 years | -40.44% | -41.19% | +0.75% |
Current DrawdownCurrent decline from peak | -4.35% | -3.04% | -1.31% |
Average DrawdownAverage peak-to-trough decline | -11.57% | -8.32% | -3.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.65% | 3.09% | -0.44% |
Volatility
FSCDX vs. VTWO - Volatility Comparison
Fidelity Advisor Small Cap Fund Class A (FSCDX) has a higher volatility of 4.41% compared to Vanguard Russell 2000 ETF (VTWO) at 3.79%. This indicates that FSCDX's price experiences larger fluctuations and is considered to be riskier than VTWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSCDX | VTWO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.41% | 3.79% | +0.62% |
Volatility (6M)Calculated over the trailing 6-month period | 13.98% | 14.10% | -0.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.37% | 19.35% | -0.98% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.22% | 22.43% | -0.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.00% | 23.06% | -1.06% |
FSCDX vs. VTWO - Expense Ratio Comparison
FSCDX has a 1.22% expense ratio, which is higher than VTWO's 0.06% expense ratio.
Dividends
FSCDX vs. VTWO - Dividend Comparison
FSCDX's dividend yield for the trailing twelve months is around 1.60%, more than VTWO's 1.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSCDX Fidelity Advisor Small Cap Fund Class A | 1.60% | 1.92% | 0.00% | 1.36% | 5.36% | 10.98% | 2.70% | 3.97% | 14.60% | 14.03% | 2.35% | 8.39% |
VTWO Vanguard Russell 2000 ETF | 1.11% | 1.25% | 1.21% | 1.45% | 1.48% | 1.13% | 0.92% | 1.36% | 1.41% | 1.18% | 1.27% | 1.23% |
Frequently Asked Questions
With a correlation of 0.92, FSCDX and VTWO move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FSCDX has higher volatility (4.41%) compared to VTWO (3.79%). In terms of maximum drawdown, FSCDX dropped -50.10% vs VTWO's -41.19%.
VTWO currently has the higher Sharpe Ratio (1.79 vs 1.60), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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