FSOAX vs. MCMVX
FSOAX (Fidelity Advisor Value Strategies Fund Class A) and MCMVX (Monongahela All Cap Value Fund) are both Mid Cap Value Equities funds. Over the past 10 years, FSOAX returned 10.23%/yr vs 12.66%/yr for MCMVX. Their correlation of 0.90 means they have usually moved in the same direction. FSOAX charges 1.13%/yr vs 0.85%/yr for MCMVX.
Performance
FSOAX vs. MCMVX - Performance Comparison
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Returns By Period
In the year-to-date period, FSOAX achieves a 28.83% return, which is significantly higher than MCMVX's 17.96% return. Over the past 10 years, FSOAX has underperformed MCMVX with an annualized return of 10.23%, while MCMVX has yielded a comparatively higher 12.66% annualized return.
FSOAX
- 1D
- -0.07%
- 1M
- 2.04%
- 6M
- 19.02%
- YTD
- 28.83%
- 1Y
- 30.10%
- 3Y*
- 8.41%
- 5Y*
- 7.83%
- 10Y*
- 10.23%
- ALL TIME*
- 8.95%
MCMVX
- 1D
- 0.54%
- 1M
- -1.38%
- 6M
- 11.09%
- YTD
- 17.96%
- 1Y
- 26.41%
- 3Y*
- 15.70%
- 5Y*
- 9.75%
- 10Y*
- 12.66%
- ALL TIME*
- 11.59%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FSOAX vs. MCMVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSOAX Fidelity Advisor Value Strategies Fund Class A | 28.83% | -2.17% | -3.64% | 20.24% | -7.61% | 32.95% | 7.95% | 34.16% | -17.02% | 17.21% |
MCMVX Monongahela All Cap Value Fund | 17.96% | 9.74% | 15.38% | 12.18% | -7.73% | 22.57% | 13.24% | 26.98% | -8.15% | 20.85% |
Correlation
The correlation between FSOAX and MCMVX is 0.86, 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. | 0.86 |
Correlation (3Y) Balances recent behavior with more history. | 0.89 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.91 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.90 |
Correlation (All Time) Calculated using the full available price history since Jul 3, 2013 | 0.90 |
The correlation between FSOAX and MCMVX has been stable across timeframes, ranging from 0.86 to 0.91 - a consistent structural relationship.
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Return for Risk
FSOAX vs. MCMVX — Risk / Return Rank
FSOAX
MCMVX
FSOAX vs. MCMVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Value Strategies Fund Class A (FSOAX) and Monongahela All Cap Value Fund (MCMVX). 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.
| FSOAX | MCMVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.31 | ||
| Sortino ratioReturn per unit of downside risk | -0.68 | ||
| Omega ratioGain probability vs. loss probability | 1.27 | 1.29 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.32 | 2.85 | -0.53 |
| Martin ratioReturn relative to average drawdown | 8.30 | 10.14 | -1.84 |
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Drawdowns
FSOAX vs. MCMVX - Drawdown Comparison
The maximum FSOAX drawdown since its inception was -70.02%, which is greater than MCMVX's maximum drawdown of -36.75%. Use the drawdown chart below to compare losses from any high point for FSOAX and MCMVX.
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Drawdown Indicators
| FSOAX | MCMVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -70.02% | -36.75% | -33.27% |
Max Drawdown (1Y)Largest decline over 1 year | -11.56% | -8.56% | -3.00% |
Max Drawdown (3Y)Largest decline over 3 years | -35.33% | -21.06% | -14.27% |
Max Drawdown (5Y)Largest decline over 5 years | -35.33% | -21.06% | -14.27% |
Max Drawdown (10Y)Largest decline over 10 years | -47.99% | -36.75% | -11.24% |
Current DrawdownCurrent decline from peak | -0.92% | -2.38% | +1.46% |
Average DrawdownAverage peak-to-trough decline | -9.95% | -4.05% | -5.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.26% | 2.40% | +0.86% |
Volatility
FSOAX vs. MCMVX - Volatility Comparison
Fidelity Advisor Value Strategies Fund Class A (FSOAX) and Monongahela All Cap Value Fund (MCMVX) have volatilities of 3.26% and 3.14%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSOAX | MCMVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.26% | 3.14% | +0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 11.72% | 10.98% | +0.74% |
Volatility (1Y)Calculated over the trailing 1-year period | 19.68% | 14.59% | +5.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.17% | 16.72% | +4.45% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.23% | 17.99% | +4.24% |
FSOAX vs. MCMVX - Expense Ratio Comparison
FSOAX has a 1.13% expense ratio, which is higher than MCMVX's 0.85% expense ratio.
Dividends
FSOAX vs. MCMVX - Dividend Comparison
FSOAX has not paid dividends to shareholders, while MCMVX's dividend yield for the trailing twelve months is around 5.52%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSOAX Fidelity Advisor Value Strategies Fund Class A | 0.00% | 0.00% | 0.00% | 2.90% | 2.43% | 8.70% | 0.82% | 5.59% | 17.03% | 7.64% | 22.64% | 1.10% |
MCMVX Monongahela All Cap Value Fund | 5.52% | 6.51% | 5.41% | 3.23% | 4.79% | 7.61% | 1.25% | 3.09% | 6.87% | 10.44% | 2.13% | 1.75% |
Frequently Asked Questions
FSOAX and MCMVX have a correlation of 0.86, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FSOAX has higher volatility (3.26%) compared to MCMVX (3.14%). In terms of maximum drawdown, FSOAX dropped -70.02% vs MCMVX's -36.75%.
MCMVX currently has the higher Sharpe Ratio (1.68 vs 1.36), 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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