FSSZX vs. PRCGX

Last updated Aug 1, 2026

FSSZX (Fidelity Advisor Stock Selector Small Cap Fund Class Z) and PRCGX (Perritt MicroCap Opportunities Fund) are both Small Cap Blend Equities funds. Their correlation of 0.84 means they have usually moved in the same direction. FSSZX charges 0.79%/yr vs 1.56%/yr for PRCGX.

Performance

FSSZX vs. PRCGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Stock Selector Small Cap Fund Class Z (FSSZX) and Perritt MicroCap Opportunities Fund (PRCGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FSSZX

• 1D: 1.70%
• 1M: -0.55%
• 6M: 13.47%
• YTD: 19.91%
• 1Y: 37.65%
• 3Y*: 17.92%
• 5Y*: 10.80%
• 10Y*: —
• ALL TIME*: 12.56%

PRCGX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FSSZX Fidelity Advisor Stock Selector Small Cap Fund Class Z	$0.00	$0.00	$0.00

FSSZX vs. PRCGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSSZX Fidelity Advisor Stock Selector Small Cap Fund Class Z	19.91%	14.49%	14.62%	19.60%	-18.17%	24.90%	21.91%	30.62%	-8.79%	9.74%
PRCGX Perritt MicroCap Opportunities Fund	13.20%	8.36%	10.29%	12.07%	-16.05%	31.15%	8.88%	9.37%	-17.61%	10.58%

Correlation

The correlation between FSSZX and PRCGX is 0.54, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.54
Correlation (3Y) Balances recent behavior with more history.	0.79
Correlation (5Y) Shows whether the relationship held over a longer period.	0.83
Correlation (All Time) Calculated using the full available price history since Feb 9, 2017	0.84

Over the past year, the correlation between FSSZX and PRCGX has dropped to 0.54 - well below their long-term average of 0.84, suggesting their price drivers have been diverging.

Return for Risk

FSSZX vs. PRCGX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FSSZX

FSSZX Risk / Return Rank: 82
FSSZX Sharpe Ratio Rank: 78
FSSZX Sortino Ratio Rank: 78
FSSZX Omega Ratio Rank: 72
FSSZX Calmar Ratio Rank: 90
FSSZX Martin Ratio Rank: 91

PRCGX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FSSZX vs. PRCGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Stock Selector Small Cap Fund Class Z (FSSZX) and Perritt MicroCap Opportunities Fund (PRCGX). 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.

	FSSZX	PRCGX	Difference
Sharpe ratio: Return per unit of total volatility	1.84	—	—
Sortino ratio: Return per unit of downside risk	2.69	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	3.40	—	—
Martin ratio: Return relative to average drawdown	12.84	—	—

Drawdowns

Drawdown Indicators

	FSSZX	PRCGX	Difference
Max Drawdown Largest peak-to-trough decline	-38.43%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-10.04%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-27.39%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-30.51%	—	—
Current Drawdown Current decline from peak	-2.86%	—	—
Average Drawdown Average peak-to-trough decline	-8.01%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.66%	—	—

Volatility

Volatility by Period

	FSSZX	PRCGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.49%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.29%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.57%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.63%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.25%	—	—

FSSZX vs. PRCGX - Expense Ratio Comparison

FSSZX has a 0.79% expense ratio, which is lower than PRCGX's 1.56% expense ratio.

Dividends

FSSZX vs. PRCGX - Dividend Comparison

FSSZX's dividend yield for the trailing twelve months is around 0.70%, less than PRCGX's 12.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSSZX Fidelity Advisor Stock Selector Small Cap Fund Class Z	0.70%	0.84%	2.93%	0.35%	0.15%	10.95%	1.40%	2.29%	22.58%	10.60%	0.00%	0.00%
PRCGX Perritt MicroCap Opportunities Fund	12.01%	8.78%	8.28%	7.34%	3.26%	15.00%	0.00%	3.50%	14.70%	28.27%	9.03%	1.67%

Frequently Asked Questions

Can I hold both FSSZX and PRCGX in my portfolio?

FSSZX and PRCGX have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.