FVIFX vs. HWMIX
Compare and contrast key facts about Fidelity Advisor Value Fund Class I (FVIFX) and Hotchkis & Wiley Mid-Cap Value Fund (HWMIX).
FVIFX is managed by Fidelity. It was launched on Dec 23, 2003. HWMIX is managed by Hotchkis & Wiley. It was launched on Jan 2, 1997.
Performance
FVIFX vs. HWMIX - Performance Comparison
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FVIFX vs. HWMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FVIFX Fidelity Advisor Value Fund Class I | 3.02% | 11.29% | 10.37% | 19.68% | -9.15% | 35.08% | 9.87% | 31.79% | -17.76% | 15.35% |
HWMIX Hotchkis & Wiley Mid-Cap Value Fund | 6.74% | 7.87% | 3.62% | 19.87% | 1.63% | 39.18% | 0.49% | 12.97% | -19.32% | 7.69% |
Returns By Period
In the year-to-date period, FVIFX achieves a 3.02% return, which is significantly lower than HWMIX's 6.74% return. Over the past 10 years, FVIFX has outperformed HWMIX with an annualized return of 11.15%, while HWMIX has yielded a comparatively lower 9.08% annualized return.
FVIFX
- 1D
- 2.77%
- 1M
- -6.21%
- YTD
- 3.02%
- 6M
- 7.08%
- 1Y
- 20.79%
- 3Y*
- 14.35%
- 5Y*
- 9.20%
- 10Y*
- 11.15%
HWMIX
- 1D
- 1.52%
- 1M
- -2.06%
- YTD
- 6.74%
- 6M
- 8.96%
- 1Y
- 22.13%
- 3Y*
- 12.01%
- 5Y*
- 9.76%
- 10Y*
- 9.08%
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FVIFX vs. HWMIX - Expense Ratio Comparison
FVIFX has a 0.90% expense ratio, which is lower than HWMIX's 1.01% expense ratio.
Return for Risk
FVIFX vs. HWMIX — Risk / Return Rank
FVIFX
HWMIX
FVIFX vs. HWMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Value Fund Class I (FVIFX) and Hotchkis & Wiley Mid-Cap Value Fund (HWMIX). 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.
| FVIFX | HWMIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.99 | 0.93 | +0.06 |
Sortino ratioReturn per unit of downside risk | 1.51 | 1.41 | +0.10 |
Omega ratioGain probability vs. loss probability | 1.21 | 1.21 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.42 | 1.35 | +0.07 |
Martin ratioReturn relative to average drawdown | 5.80 | 5.49 | +0.30 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FVIFX | HWMIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.99 | 0.93 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.45 | 0.44 | +0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.51 | 0.36 | +0.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.41 | 0.47 | -0.06 |
Correlation
The correlation between FVIFX and HWMIX is 0.93, 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.
Dividends
FVIFX vs. HWMIX - Dividend Comparison
FVIFX's dividend yield for the trailing twelve months is around 8.11%, more than HWMIX's 1.31% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FVIFX Fidelity Advisor Value Fund Class I | 8.11% | 8.36% | 12.68% | 1.05% | 0.64% | 4.68% | 0.68% | 3.33% | 15.05% | 3.49% | 0.91% | 1.84% |
HWMIX Hotchkis & Wiley Mid-Cap Value Fund | 1.31% | 1.39% | 1.15% | 0.28% | 0.49% | 1.28% | 2.25% | 1.60% | 2.99% | 6.72% | 1.53% | 14.67% |
Drawdowns
FVIFX vs. HWMIX - Drawdown Comparison
The maximum FVIFX drawdown since its inception was -66.85%, roughly equal to the maximum HWMIX drawdown of -69.84%. Use the drawdown chart below to compare losses from any high point for FVIFX and HWMIX.
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Drawdown Indicators
| FVIFX | HWMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.85% | -69.84% | +2.99% |
Max Drawdown (1Y)Largest decline over 1 year | -14.97% | -16.87% | +1.90% |
Max Drawdown (5Y)Largest decline over 5 years | -24.33% | -25.90% | +1.57% |
Max Drawdown (10Y)Largest decline over 10 years | -48.52% | -63.21% | +14.69% |
Current DrawdownCurrent decline from peak | -7.43% | -3.32% | -4.11% |
Average DrawdownAverage peak-to-trough decline | -9.71% | -10.89% | +1.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.66% | 4.15% | -0.49% |
Volatility
FVIFX vs. HWMIX - Volatility Comparison
Fidelity Advisor Value Fund Class I (FVIFX) has a higher volatility of 6.19% compared to Hotchkis & Wiley Mid-Cap Value Fund (HWMIX) at 4.30%. This indicates that FVIFX's price experiences larger fluctuations and is considered to be riskier than HWMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FVIFX | HWMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.19% | 4.30% | +1.89% |
Volatility (6M)Calculated over the trailing 6-month period | 11.94% | 12.42% | -0.48% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.64% | 23.86% | -2.22% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.49% | 22.34% | -1.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.14% | 25.62% | -3.48% |