FSSMX vs. FIVLX

Last updated Jun 5, 2026

FSSMX (Fidelity Stock Selector Mid Cap Fund) and FIVLX (Fidelity International Value Fund) are both mutual funds - FSSMX is a Mid Cap Blend Equities fund managed by Fidelity, while FIVLX is a Foreign Large Cap Equities fund managed by Fidelity. Over the past 10 years, FSSMX returned 11.47%/yr vs 9.34%/yr for FIVLX. A 0.73 correlation means they provide meaningful diversification when combined. FSSMX charges 0.79%/yr vs 1.01%/yr for FIVLX.

Performance

FSSMX vs. FIVLX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Stock Selector Mid Cap Fund (FSSMX) and Fidelity International Value Fund (FIVLX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FSSMX achieves a 18.61% return, which is significantly higher than FIVLX's 6.44% return. Over the past 10 years, FSSMX has outperformed FIVLX with an annualized return of 11.47%, while FIVLX has yielded a comparatively lower 9.34% annualized return.

FSSMX

• 1D: -0.13%
• 1M: 3.09%
• YTD: 18.61%
• 6M: 9.29%
• 1Y: 21.70%
• 3Y*: 15.02%
• 5Y*: 7.13%
• 10Y*: 11.47%

FIVLX

• 1D: -0.60%
• 1M: 1.28%
• YTD: 6.44%
• 6M: 10.05%
• 1Y: 22.58%
• 3Y*: 21.45%
• 5Y*: 12.00%
• 10Y*: 9.34%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FSSMX vs. FIVLX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSSMX Fidelity Stock Selector Mid Cap Fund	18.61%	2.35%	12.50%	17.16%	-13.90%	23.25%	13.03%	29.57%	-7.70%	19.54%
FIVLX Fidelity International Value Fund	6.44%	43.67%	5.33%	19.27%	-7.99%	14.89%	3.36%	18.92%	-17.17%	17.85%

Correlation

The correlation between FSSMX and FIVLX is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (10Y) Calculated over the trailing 10-year period	0.73
Correlation (All Time) Calculated using the full available price history since Jun 7, 2012	0.73

The correlation between FSSMX and FIVLX has been stable across timeframes, ranging from 0.65 to 0.73 - a consistent structural relationship.

Return for Risk

FSSMX vs. FIVLX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSSMX

FSSMX Risk / Return Rank: 24
FSSMX Sharpe Ratio Rank: 18
FSSMX Sortino Ratio Rank: 16
FSSMX Omega Ratio Rank: 20
FSSMX Calmar Ratio Rank: 35
FSSMX Martin Ratio Rank: 31

FIVLX

FIVLX Risk / Return Rank: 31
FIVLX Sharpe Ratio Rank: 29
FIVLX Sortino Ratio Rank: 28
FIVLX Omega Ratio Rank: 29
FIVLX Calmar Ratio Rank: 34
FIVLX Martin Ratio Rank: 37

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FSSMX vs. FIVLX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Stock Selector Mid Cap Fund (FSSMX) and Fidelity International Value Fund (FIVLX). 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.

	FSSMX	FIVLX	Difference
Sharpe ratio: Return per unit of total volatility	1.21	1.57	-0.36
Sortino ratio: Return per unit of downside risk	1.64	2.23	-0.59
Omega ratio: Gain probability vs. loss probability	1.24	1.28	-0.05
Calmar ratio: Return relative to maximum drawdown	2.22	2.19	+0.03
Martin ratio: Return relative to average drawdown	7.11	8.11	-1.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FSSMX vs. FIVLX - Sharpe Ratio Comparison

The current FSSMX Sharpe Ratio is 1.21, which is comparable to the FIVLX Sharpe Ratio of 1.57. The chart below compares the historical Sharpe Ratios of FSSMX and FIVLX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FSSMX	FIVLX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.21	1.57	-0.36
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.35	0.73	-0.38
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.54	0.52	+0.02
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.22	+0.38

Drawdowns

FSSMX vs. FIVLX - Drawdown Comparison

The maximum FSSMX drawdown since its inception was -43.37%, smaller than the maximum FIVLX drawdown of -65.21%. Use the drawdown chart below to compare losses from any high point for FSSMX and FIVLX.

Drawdown Indicators

	FSSMX	FIVLX	Difference
Max Drawdown Largest peak-to-trough decline	-43.37%	-65.21%	+21.84%
Max Drawdown (1Y) Largest decline over 1 year	-9.78%	-10.44%	+0.66%
Max Drawdown (3Y) Largest decline over 3 years	-22.82%	-14.48%	-8.34%
Max Drawdown (5Y) Largest decline over 5 years	-24.00%	-27.49%	+3.49%
Max Drawdown (10Y) Largest decline over 10 years	-43.37%	-43.43%	+0.06%
Current Drawdown Current decline from peak	-0.13%	-1.96%	+1.83%
Average Drawdown Average peak-to-trough decline	-5.08%	-17.06%	+11.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.04%	2.82%	+0.22%

Volatility

FSSMX vs. FIVLX - Volatility Comparison

Fidelity Stock Selector Mid Cap Fund (FSSMX) and Fidelity International Value Fund (FIVLX) have volatilities of 4.61% and 4.57%, 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.

Volatility by Period

	FSSMX	FIVLX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.61%	4.57%	+0.04%
Volatility (6M) Calculated over the trailing 6-month period	14.85%	11.83%	+3.02%
Volatility (1Y) Calculated over the trailing 1-year period	18.00%	14.63%	+3.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.33%	16.55%	+3.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.14%	17.92%	+3.22%

FSSMX vs. FIVLX - Expense Ratio Comparison

FSSMX has a 0.79% expense ratio, which is lower than FIVLX's 1.01% expense ratio.

Dividends

FSSMX vs. FIVLX - Dividend Comparison

FSSMX has not paid dividends to shareholders, while FIVLX's dividend yield for the trailing twelve months is around 2.18%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIVLX Fidelity International Value Fund	2.18%	2.32%	2.90%	2.06%	1.85%	4.35%	1.74%	3.54%	3.33%	0.15%	2.71%	1.44%
FSSMX Fidelity Stock Selector Mid Cap Fund	0.00%	0.00%	3.10%	0.78%	9.73%	12.87%	2.31%	4.03%	21.01%	4.12%	0.92%	1.84%

Frequently Asked Questions

Can I hold both FSSMX and FIVLX in my portfolio?

FSSMX and FIVLX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FSSMX or FIVLX?

FSSMX has higher volatility (4.61%) compared to FIVLX (4.57%). In terms of maximum drawdown, FSSMX dropped -43.37% vs FIVLX's -65.21%.

Which has better risk-adjusted returns?

FIVLX currently has the higher Sharpe Ratio (1.57 vs 1.21), 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.