FSCRX Performance — Fidelity Small Cap Discovery Fund
Data updated: 2026-09-23
FSCRX returned +16.78% year to date and +25.76% over one year to Jul 2026. Annualised returns are +11.65% over 3 years and +7.57% over 5 years. The fund trailed its US Small Blend category average: $100 invested three years ago grew to $139, against $146 for the category, and to $126 over one year, against $129. Volatility over the past three years was 18.38% a year. In the 12 months to Jul 2026 the fund lost a net $263.6M, and assets reached $2.27B.
FSCRX Growth of $100
What $100 invested in Fidelity Small Cap Discovery Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Blend category average over the same months.
| Period | FSCRX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $126 | $129 |
| 3 years (Aug 2023 – Jul 2026) | $139 | $146 |
| 5 years (Aug 2021 – Jul 2026) | $144 | $141 |
| Since data start (Aug 2019 – Jul 2026) | $212 | $204 |
FSCRX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +16.78% |
| 1 year | +25.76% |
| 3 years (annualised) | +11.65% |
| 5 years (annualised) | +7.57% |
FSCRX Annual Returns
Calendar-year total returns of Fidelity Small Cap Discovery Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +16.78% |
| 2025 | +10.90% |
| 2024 | +2.84% |
| 2023 | +21.33% |
| 2022 | −16.46% |
| 2021 | +35.70% |
| 2020 | +6.87% |
| 2019 (Aug–Dec) | +8.03% |
FSCRX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.8% | −0.2% | −5.1% | +11.1% | +3.4% | +7.1% | −3.4% | — | — | — | — | — |
| 2025 | +4.8% | −6.2% | −4.2% | −2.5% | +4.6% | +5.0% | +2.1% | +5.3% | +0.1% | −3.0% | +4.0% | +1.2% |
| 2024 | −1.4% | +5.7% | +3.9% | −7.6% | +3.1% | −2.6% | +7.4% | −0.7% | +0.3% | −4.7% | +8.0% | −7.0% |
| 2023 | +10.2% | −1.1% | −3.4% | −1.9% | −2.2% | +8.3% | +6.2% | −2.4% | −6.5% | −5.6% | +10.0% | +10.3% |
| 2022 | −5.1% | −0.1% | −0.4% | −6.9% | +0.1% | −8.9% | +9.8% | −4.9% | −10.2% | +9.3% | +5.7% | −3.8% |
| 2021 | +1.5% | +9.2% | +5.2% | +5.3% | +2.3% | −0.9% | +2.2% | +1.8% | −2.9% | +4.4% | −2.8% | +6.3% |
| 2020 | −2.6% | −11.5% | −26.5% | +16.6% | +7.0% | +4.6% | +4.5% | +3.0% | −4.9% | +2.3% | +16.6% | +5.6% |
| 2019 | — | — | — | — | — | — | — | −2.5% | +3.5% | +1.8% | +2.6% | +2.6% |
FSCRX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 18.38%
- 3-year Sharpe ratio: 0.39 (vs 4.5% risk-free rate)
- Best month: +11.10% (Apr 2026)
- Worst month: −7.57% (Apr 2024)
FSCRX Fund Flows
Monthly money in and out of Fidelity Small Cap Discovery Fund, from SEC Form N-PORT.
- 12-month net flow: −$263.6M
- 12-month gross sales (incl. reinvestments): $387.4M
- Sales ÷ redemptions: 0.60×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $16.7M | $37.4M | −$20.7M |
| Jun 2026 | $58.7M | $39.4M | $19.3M |
| May 2026 | $8.8M | $44.4M | −$35.6M |
| Apr 2026 | $10.0M | $48.4M | −$38.4M |
| Mar 2026 | $11.0M | $45.8M | −$34.8M |
| Feb 2026 | $10.4M | $50.4M | −$39.9M |
| Jan 2026 | $14.1M | $72.6M | −$58.4M |
| Dec 2025 | $200.0M | $107.8M | $92.2M |
| Nov 2025 | $5.1M | $85.6M | −$80.4M |
| Oct 2025 | $11.0M | $52.6M | −$41.6M |
| Sep 2025 | $14.8M | $32.2M | −$17.4M |
| Aug 2025 | $26.7M | $34.4M | −$7.7M |
FSCRX Assets Under Management
Net assets of Fidelity Small Cap Discovery Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $2.27B |
| 2026-04-30 | $2.21B |
| 2026-01-31 | $2.22B |
| 2025-10-31 | $2.30B |
| 2025-07-31 | $2.32B |
| 2025-04-30 | $2.10B |
| 2025-01-31 | $2.30B |
| 2024-10-31 | $2.29B |
| 2024-07-31 | $2.63B |
| 2024-04-30 | $2.62B |
| 2024-01-31 | $2.59B |
| 2023-10-31 | $2.15B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.