IACIX vs. FIMVX
IACIX (VY American Century Small-Mid Cap Value Portfolio) and FIMVX (Fidelity Mid Cap Value Index Fund) are both Mid Cap Value Equities funds. Over the past 5 years, IACIX returned 7.85%/yr vs 9.70%/yr for FIMVX. Their correlation of 0.92 means they have usually moved in the same direction. IACIX charges 0.85%/yr vs 0.05%/yr for FIMVX.
Performance
IACIX vs. FIMVX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IACIX achieves a 17.39% return, which is significantly lower than FIMVX's 19.64% return.
IACIX
- 1D
- -0.53%
- 1M
- 2.20%
- 6M
- 12.13%
- YTD
- 17.39%
- 1Y
- 21.75%
- 3Y*
- 10.65%
- 5Y*
- 7.85%
- 10Y*
- 9.85%
- ALL TIME*
- 9.23%
FIMVX
- 1D
- -0.28%
- 1M
- 0.89%
- 6M
- 14.72%
- YTD
- 19.64%
- 1Y
- 28.18%
- 3Y*
- 15.49%
- 5Y*
- 9.70%
- 10Y*
- —
- ALL TIME*
- 11.47%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
IACIX vs. FIMVX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
IACIX VY American Century Small-Mid Cap Value Portfolio | 17.39% | 5.24% | 8.21% | 9.01% | -5.23% | 27.57% | 3.85% | 9.37% |
FIMVX Fidelity Mid Cap Value Index Fund | 19.64% | 11.01% | 13.02% | 12.75% | -12.08% | 28.21% | 4.74% | 7.42% |
Correlation
The correlation between IACIX and FIMVX is 0.80, 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. | 0.80 |
Correlation (3Y) Balances recent behavior with more history. | 0.82 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.89 |
Correlation (All Time) Calculated using the full available price history since Jul 17, 2019 | 0.92 |
The correlation between IACIX and FIMVX shifts across timeframes, from 0.80 (1 year) to 0.92 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IACIX vs. FIMVX — Risk / Return Rank
IACIX
FIMVX
IACIX vs. FIMVX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VY American Century Small-Mid Cap Value Portfolio (IACIX) and Fidelity Mid Cap Value Index Fund (FIMVX). 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.
| IACIX | FIMVX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.17 | ||
| Sortino ratioReturn per unit of downside risk | -0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.34 | -0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.58 | 3.43 | -0.85 |
| Martin ratioReturn relative to average drawdown | 8.52 | 13.17 | -4.65 |
Loading charts...
Drawdowns
IACIX vs. FIMVX - Drawdown Comparison
The maximum IACIX drawdown since its inception was -53.26%, which is greater than FIMVX's maximum drawdown of -43.61%. Use the drawdown chart below to compare losses from any high point for IACIX and FIMVX.
Loading charts...
Drawdown Indicators
| IACIX | FIMVX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.26% | -43.61% | -9.65% |
Max Drawdown (1Y)Largest decline over 1 year | -8.85% | -7.52% | -1.33% |
Max Drawdown (3Y)Largest decline over 3 years | -19.18% | -20.40% | +1.22% |
Max Drawdown (5Y)Largest decline over 5 years | -19.18% | -21.23% | +2.05% |
Max Drawdown (10Y)Largest decline over 10 years | -40.85% | — | — |
Current DrawdownCurrent decline from peak | -1.06% | -1.15% | +0.09% |
Average DrawdownAverage peak-to-trough decline | -6.76% | -6.29% | -0.47% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.62% | 1.96% | +0.66% |
Volatility
IACIX vs. FIMVX - Volatility Comparison
VY American Century Small-Mid Cap Value Portfolio (IACIX) has a higher volatility of 3.27% compared to Fidelity Mid Cap Value Index Fund (FIMVX) at 2.93%. This indicates that IACIX's price experiences larger fluctuations and is considered to be riskier than FIMVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IACIX | FIMVX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.27% | 2.93% | +0.34% |
Volatility (6M)Calculated over the trailing 6-month period | 8.95% | 9.94% | -0.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.08% | 13.48% | -0.40% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.00% | 17.27% | -0.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.18% | 21.68% | -2.50% |
IACIX vs. FIMVX - Expense Ratio Comparison
IACIX has a 0.85% expense ratio, which is higher than FIMVX's 0.05% expense ratio.
Dividends
IACIX vs. FIMVX - Dividend Comparison
IACIX's dividend yield for the trailing twelve months is around 7.97%, more than FIMVX's 2.07% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIMVX Fidelity Mid Cap Value Index Fund | 2.07% | 2.48% | 4.44% | 1.89% | 2.75% | 5.62% | 1.23% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% |
IACIX VY American Century Small-Mid Cap Value Portfolio | 7.97% | 9.35% | 4.70% | 15.47% | 22.39% | 0.94% | 1.97% | 11.26% | 14.56% | 5.11% | 9.82% | 25.57% |
Frequently Asked Questions
IACIX and FIMVX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IACIX has higher volatility (3.27%) compared to FIMVX (2.93%). In terms of maximum drawdown, IACIX dropped -53.26% vs FIMVX's -43.61%.
FIMVX currently has the higher Sharpe Ratio (1.92 vs 1.75), 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.
Find the right allocation for IACIX and FIMVX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer