TASCX vs. FCVIX
Compare and contrast key facts about Third Avenue Small Cap Value Fund (TASCX) and Fidelity Advisor Small Cap Value Fund Class I (FCVIX).
TASCX is managed by Third Avenue. It was launched on Apr 1, 1997. FCVIX is managed by Fidelity. It was launched on Nov 3, 2004.
Performance
TASCX vs. FCVIX - Performance Comparison
Loading graphics...
TASCX vs. FCVIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TASCX Third Avenue Small Cap Value Fund | 6.59% | 14.79% | 3.04% | 22.49% | -1.87% | 25.92% | -2.96% | 22.92% | -12.55% | 8.89% |
FCVIX Fidelity Advisor Small Cap Value Fund Class I | -0.85% | 8.02% | 9.36% | 17.82% | -13.07% | 38.10% | 11.21% | 20.76% | -15.42% | 12.27% |
Returns By Period
In the year-to-date period, TASCX achieves a 6.59% return, which is significantly higher than FCVIX's -0.85% return. Over the past 10 years, TASCX has outperformed FCVIX with an annualized return of 10.22%, while FCVIX has yielded a comparatively lower 9.44% annualized return.
TASCX
- 1D
- 0.00%
- 1M
- -3.17%
- YTD
- 6.59%
- 6M
- 11.59%
- 1Y
- 27.41%
- 3Y*
- 14.03%
- 5Y*
- 10.00%
- 10Y*
- 10.22%
FCVIX
- 1D
- -1.15%
- 1M
- -8.91%
- YTD
- -0.85%
- 6M
- 0.70%
- 1Y
- 13.63%
- 3Y*
- 10.63%
- 5Y*
- 6.28%
- 10Y*
- 9.44%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TASCX vs. FCVIX - Expense Ratio Comparison
TASCX has a 1.15% expense ratio, which is higher than FCVIX's 0.99% expense ratio.
Return for Risk
TASCX vs. FCVIX — Risk / Return Rank
TASCX
FCVIX
TASCX vs. FCVIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Third Avenue Small Cap Value Fund (TASCX) and Fidelity Advisor Small Cap Value Fund Class I (FCVIX). 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.
| TASCX | FCVIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.47 | 0.62 | +0.84 |
Sortino ratioReturn per unit of downside risk | 2.15 | 1.03 | +1.12 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.13 | +0.15 |
Calmar ratioReturn relative to maximum drawdown | 2.09 | 0.81 | +1.28 |
Martin ratioReturn relative to average drawdown | 8.93 | 3.02 | +5.92 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| TASCX | FCVIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.47 | 0.62 | +0.84 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.39 | 0.30 | +0.09 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.42 | 0.43 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.46 | 0.43 | +0.03 |
Correlation
The correlation between TASCX and FCVIX is 0.90, 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
TASCX vs. FCVIX - Dividend Comparison
TASCX's dividend yield for the trailing twelve months is around 3.54%, less than FCVIX's 10.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TASCX Third Avenue Small Cap Value Fund | 3.54% | 3.78% | 11.87% | 14.38% | 5.40% | 8.55% | 1.50% | 7.75% | 12.67% | 13.61% | 9.15% | 14.70% |
FCVIX Fidelity Advisor Small Cap Value Fund Class I | 10.18% | 10.10% | 6.09% | 5.19% | 5.92% | 7.96% | 0.48% | 3.49% | 36.40% | 3.65% | 7.15% | 11.09% |
Drawdowns
TASCX vs. FCVIX - Drawdown Comparison
The maximum TASCX drawdown since its inception was -58.55%, roughly equal to the maximum FCVIX drawdown of -57.61%. Use the drawdown chart below to compare losses from any high point for TASCX and FCVIX.
Loading graphics...
Drawdown Indicators
| TASCX | FCVIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.55% | -57.61% | -0.94% |
Max Drawdown (1Y)Largest decline over 1 year | -12.12% | -14.40% | +2.28% |
Max Drawdown (5Y)Largest decline over 5 years | -30.26% | -23.82% | -6.44% |
Max Drawdown (10Y)Largest decline over 10 years | -40.45% | -44.61% | +4.16% |
Current DrawdownCurrent decline from peak | -4.60% | -10.35% | +5.75% |
Average DrawdownAverage peak-to-trough decline | -8.66% | -8.02% | -0.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.83% | 3.86% | -1.03% |
Volatility
TASCX vs. FCVIX - Volatility Comparison
The current volatility for Third Avenue Small Cap Value Fund (TASCX) is 3.87%, while Fidelity Advisor Small Cap Value Fund Class I (FCVIX) has a volatility of 5.55%. This indicates that TASCX experiences smaller price fluctuations and is considered to be less risky than FCVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| TASCX | FCVIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.87% | 5.55% | -1.68% |
Volatility (6M)Calculated over the trailing 6-month period | 10.66% | 11.81% | -1.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.59% | 21.80% | -3.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.47% | 20.80% | +4.67% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.17% | 22.25% | +1.92% |