FSSFX vs. FSOPX
Compare and contrast key facts about Fidelity Advisor Series Small Cap Fund (FSSFX) and Fidelity Series Small Cap Opportunities Fund (FSOPX).
FSSFX is managed by Fidelity. It was launched on Nov 7, 2013. FSOPX is managed by Fidelity. It was launched on Mar 22, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSSFX or FSOPX.
Key characteristics
| FSSFX | FSOPX | |
|---|---|---|
| YTD Return | 20.26% | 24.40% |
| 1Y Return | 36.95% | 46.27% |
| 3Y Return (Ann) | -6.64% | 5.51% |
| 5Y Return (Ann) | 5.87% | 13.12% |
| 10Y Return (Ann) | 4.20% | 10.91% |
| Sharpe Ratio | 1.91 | 2.30 |
| Sortino Ratio | 2.71 | 3.22 |
| Omega Ratio | 1.33 | 1.39 |
| Calmar Ratio | 0.87 | 2.14 |
| Martin Ratio | 12.27 | 14.81 |
| Ulcer Index | 2.92% | 3.03% |
| Daily Std Dev | 18.80% | 19.45% |
| Max Drawdown | -43.85% | -61.73% |
| Current Drawdown | -18.59% | -0.13% |
Correlation
The correlation between FSSFX and FSOPX is 0.96, 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
FSSFX vs. FSOPX - Performance Comparison
In the year-to-date period, FSSFX achieves a 20.26% return, which is significantly lower than FSOPX's 24.40% return. Over the past 10 years, FSSFX has underperformed FSOPX with an annualized return of 4.20%, while FSOPX has yielded a comparatively higher 10.91% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FSSFX vs. FSOPX - Expense Ratio Comparison
FSSFX has a 0.00% expense ratio, which is lower than FSOPX's 0.00% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
FSSFX vs. FSOPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Series Small Cap Fund (FSSFX) and Fidelity Series Small Cap Opportunities Fund (FSOPX). 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
FSSFX vs. FSOPX - Dividend Comparison
FSSFX's dividend yield for the trailing twelve months is around 0.82%, less than FSOPX's 1.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSSFX Fidelity Advisor Series Small Cap Fund | 0.82% | 0.98% | 1.03% | 0.80% | 0.89% | 0.58% | 1.33% | 0.55% | 0.85% | 4.70% | 3.44% | 0.08% |
FSOPX Fidelity Series Small Cap Opportunities Fund | 1.87% | 0.98% | 1.17% | 0.82% | 0.85% | 1.16% | 1.23% | 0.83% | 0.47% | 6.15% | 5.74% | 10.27% |
Drawdowns
FSSFX vs. FSOPX - Drawdown Comparison
The maximum FSSFX drawdown since its inception was -43.85%, smaller than the maximum FSOPX drawdown of -61.73%. Use the drawdown chart below to compare losses from any high point for FSSFX and FSOPX. For additional features, visit the drawdowns tool.
Volatility
FSSFX vs. FSOPX - Volatility Comparison
Fidelity Advisor Series Small Cap Fund (FSSFX) and Fidelity Series Small Cap Opportunities Fund (FSOPX) have volatilities of 6.51% and 6.49%, 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.