Correlation
The correlation between FVIFX and PRNHX is 0.85, 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.
FVIFX vs. PRNHX
Compare and contrast key facts about Fidelity Advisor Value Fund Class I (FVIFX) and T. Rowe Price New Horizons Fund (PRNHX).
FVIFX is managed by Fidelity. It was launched on Dec 23, 2003. PRNHX is managed by T. Rowe Price. It was launched on Jun 3, 1960.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FVIFX or PRNHX.
Performance
FVIFX vs. PRNHX - Performance Comparison
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Key characteristics
FVIFX:
-0.06
PRNHX:
-0.08
FVIFX:
0.03
PRNHX:
-0.04
FVIFX:
1.00
PRNHX:
1.00
FVIFX:
-0.08
PRNHX:
-0.08
FVIFX:
-0.24
PRNHX:
-0.33
FVIFX:
8.14%
PRNHX:
10.30%
FVIFX:
21.73%
PRNHX:
24.24%
FVIFX:
-66.70%
PRNHX:
-55.79%
FVIFX:
-11.83%
PRNHX:
-35.01%
Returns By Period
In the year-to-date period, FVIFX achieves a -4.62% return, which is significantly higher than PRNHX's -8.71% return. Over the past 10 years, FVIFX has underperformed PRNHX with an annualized return of 8.10%, while PRNHX has yielded a comparatively higher 9.54% annualized return.
FVIFX
-4.62%
4.73%
-11.62%
-2.55%
5.32%
17.16%
8.10%
PRNHX
-8.71%
2.49%
-16.69%
-1.84%
4.25%
1.81%
9.54%
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FVIFX vs. PRNHX - Expense Ratio Comparison
FVIFX has a 0.90% expense ratio, which is higher than PRNHX's 0.75% expense ratio.
Risk-Adjusted Performance
FVIFX vs. PRNHX — Risk-Adjusted Performance Rank
FVIFX
PRNHX
FVIFX vs. PRNHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Value Fund Class I (FVIFX) and T. Rowe Price New Horizons Fund (PRNHX). 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.
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Dividends
FVIFX vs. PRNHX - Dividend Comparison
FVIFX's dividend yield for the trailing twelve months is around 13.30%, more than PRNHX's 5.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FVIFX Fidelity Advisor Value Fund Class I | 13.30% | 12.68% | 1.05% | 0.64% | 4.68% | 0.68% | 3.33% | 15.05% | 3.49% | 0.91% | 2.68% | 0.59% |
PRNHX T. Rowe Price New Horizons Fund | 5.38% | 4.91% | 0.00% | 4.72% | 17.09% | 13.58% | 11.73% | 13.94% | 8.27% | 5.77% | 7.72% | 11.65% |
Drawdowns
FVIFX vs. PRNHX - Drawdown Comparison
The maximum FVIFX drawdown since its inception was -66.70%, which is greater than PRNHX's maximum drawdown of -55.79%. Use the drawdown chart below to compare losses from any high point for FVIFX and PRNHX.
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Volatility
FVIFX vs. PRNHX - Volatility Comparison
The current volatility for Fidelity Advisor Value Fund Class I (FVIFX) is 6.36%, while T. Rowe Price New Horizons Fund (PRNHX) has a volatility of 7.05%. This indicates that FVIFX experiences smaller price fluctuations and is considered to be less risky than PRNHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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