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SMVTX vs. FASOX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

SMVTX vs. FASOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus Ceredex Mid-Cap Value Equity Fund (SMVTX) and Fidelity Advisor Value Strategies Fund Class I (FASOX). The values are adjusted to include any dividend payments, if applicable.

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SMVTX vs. FASOX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
SMVTX
Virtus Ceredex Mid-Cap Value Equity Fund
6.38%17.58%18.93%10.94%-13.89%29.15%-1.19%33.14%-8.01%11.69%
FASOX
Fidelity Advisor Value Strategies Fund Class I
3.45%8.28%-2.00%20.51%-7.38%33.31%8.21%34.49%-16.90%17.40%

Returns By Period

In the year-to-date period, SMVTX achieves a 6.38% return, which is significantly higher than FASOX's 3.45% return. Over the past 10 years, SMVTX has outperformed FASOX with an annualized return of 11.07%, while FASOX has yielded a comparatively lower 9.77% annualized return.


SMVTX

1D
-0.93%
1M
-6.55%
YTD
6.38%
6M
11.35%
1Y
31.66%
3Y*
18.40%
5Y*
10.49%
10Y*
11.07%

FASOX

1D
-0.87%
1M
-8.92%
YTD
3.45%
6M
8.18%
1Y
21.59%
3Y*
9.32%
5Y*
6.93%
10Y*
9.77%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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SMVTX vs. FASOX - Expense Ratio Comparison

SMVTX has a 0.99% expense ratio, which is higher than FASOX's 0.88% expense ratio.


Return for Risk

SMVTX vs. FASOX — Risk / Return Rank

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

SMVTX
SMVTX Risk / Return Rank: 8484
Overall Rank
SMVTX Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
SMVTX Sortino Ratio Rank: 8282
Sortino Ratio Rank
SMVTX Omega Ratio Rank: 8282
Omega Ratio Rank
SMVTX Calmar Ratio Rank: 8383
Calmar Ratio Rank
SMVTX Martin Ratio Rank: 8989
Martin Ratio Rank

FASOX
FASOX Risk / Return Rank: 5151
Overall Rank
FASOX Sharpe Ratio Rank: 4949
Sharpe Ratio Rank
FASOX Sortino Ratio Rank: 5555
Sortino Ratio Rank
FASOX Omega Ratio Rank: 4545
Omega Ratio Rank
FASOX Calmar Ratio Rank: 5353
Calmar Ratio Rank
FASOX Martin Ratio Rank: 5353
Martin Ratio Rank
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.

SMVTX vs. FASOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus Ceredex Mid-Cap Value Equity Fund (SMVTX) and Fidelity Advisor Value Strategies Fund Class I (FASOX). 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.


SMVTXFASOXDifference

Sharpe ratio

Return per unit of total volatility

1.55

0.97

+0.58

Sortino ratio

Return per unit of downside risk

2.13

1.50

+0.63

Omega ratio

Gain probability vs. loss probability

1.33

1.20

+0.13

Calmar ratio

Return relative to maximum drawdown

2.05

1.29

+0.76

Martin ratio

Return relative to average drawdown

9.92

5.24

+4.67

SMVTX vs. FASOX - Sharpe Ratio Comparison

The current SMVTX Sharpe Ratio is 1.55, which is higher than the FASOX Sharpe Ratio of 0.97. The chart below compares the historical Sharpe Ratios of SMVTX and FASOX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


SMVTXFASOXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.55

0.97

+0.58

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.52

0.34

+0.18

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.54

0.45

+0.09

Sharpe Ratio (All Time)

Calculated using the full available price history

0.47

0.40

+0.06

Correlation

The correlation between SMVTX and FASOX is 0.92, 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

SMVTX vs. FASOX - Dividend Comparison

SMVTX's dividend yield for the trailing twelve months is around 15.45%, more than FASOX's 8.73% yield.


TTM20252024202320222021202020192018201720162015
SMVTX
Virtus Ceredex Mid-Cap Value Equity Fund
15.45%16.44%15.96%1.16%6.75%18.53%2.52%5.82%14.47%20.86%3.61%7.05%
FASOX
Fidelity Advisor Value Strategies Fund Class I
8.73%9.03%0.00%2.74%2.34%7.97%0.91%5.21%15.65%7.00%20.89%1.24%

Drawdowns

SMVTX vs. FASOX - Drawdown Comparison

The maximum SMVTX drawdown since its inception was -54.72%, smaller than the maximum FASOX drawdown of -69.86%. Use the drawdown chart below to compare losses from any high point for SMVTX and FASOX.


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Drawdown Indicators


SMVTXFASOXDifference

Max Drawdown

Largest peak-to-trough decline

-54.72%

-69.86%

+15.14%

Max Drawdown (1Y)

Largest decline over 1 year

-14.46%

-15.25%

+0.79%

Max Drawdown (5Y)

Largest decline over 5 years

-25.44%

-34.34%

+8.90%

Max Drawdown (10Y)

Largest decline over 10 years

-45.45%

-47.97%

+2.52%

Current Drawdown

Current decline from peak

-7.02%

-9.79%

+2.77%

Average Drawdown

Average peak-to-trough decline

-8.28%

-9.75%

+1.47%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.99%

3.75%

-0.76%

Volatility

SMVTX vs. FASOX - Volatility Comparison

Virtus Ceredex Mid-Cap Value Equity Fund (SMVTX) has a higher volatility of 5.63% compared to Fidelity Advisor Value Strategies Fund Class I (FASOX) at 5.25%. This indicates that SMVTX's price experiences larger fluctuations and is considered to be riskier than FASOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


SMVTXFASOXDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.63%

5.25%

+0.38%

Volatility (6M)

Calculated over the trailing 6-month period

11.73%

12.53%

-0.80%

Volatility (1Y)

Calculated over the trailing 1-year period

20.82%

22.48%

-1.66%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.32%

20.60%

-0.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.57%

21.95%

-1.38%