FVLZX Performance — Fidelity Advisor Value Fund, Class Z
Data updated: 2026-09-23
FVLZX returned +24.93% year to date and +37.54% over one year to Jul 2026. Annualised returns are +17.55% over 3 years and +12.54% over 5 years. The fund beat its US Mid-Cap Value category average: $100 invested three years ago grew to $162, against $145 for the category, and to $138 over one year, against $120. Volatility over the past three years was 17.24% a year. In the 12 months to Jul 2026 the fund lost a net $15.6M, and assets reached $401.53M.
FVLZX Growth of $100
What $100 invested in Fidelity Advisor Value Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Value category average over the same months.
| Period | FVLZX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $138 | $120 |
| 3 years (Aug 2023 – Jul 2026) | $162 | $145 |
| 5 years (Aug 2021 – Jul 2026) | $180 | $156 |
| Since data start (Aug 2019 – Jul 2026) | $271 | $212 |
FVLZX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +24.93% |
| 1 year | +37.54% |
| 3 years (annualised) | +17.55% |
| 5 years (annualised) | +12.54% |
FVLZX Annual Returns
Calendar-year total returns of Fidelity Advisor Value Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +24.93% |
| 2025 | +11.50% |
| 2024 | +10.52% |
| 2023 | +19.90% |
| 2022 | −9.03% |
| 2021 | +35.29% |
| 2020 | +9.96% |
| 2019 (Aug–Dec) | +8.59% |
FVLZX 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 | +5.9% | +3.7% | −6.2% | +11.0% | +1.6% | +4.9% | +2.5% | — | — | — | — | — |
| 2025 | +3.0% | −4.0% | −4.3% | −4.0% | +5.1% | +5.0% | +1.1% | +5.1% | −0.2% | −0.9% | +3.9% | +1.9% |
| 2024 | −2.3% | +4.8% | +6.8% | −5.6% | +4.6% | −4.5% | +6.7% | +0.5% | +1.5% | −2.1% | +8.5% | −7.3% |
| 2023 | +11.5% | −3.3% | −6.0% | +0.1% | −4.1% | +9.3% | +6.8% | −2.8% | −4.2% | −5.1% | +9.1% | +9.4% |
| 2022 | −2.8% | +1.3% | +2.2% | −6.0% | +3.5% | −12.7% | +10.1% | −3.0% | −12.4% | +12.7% | +6.6% | −5.6% |
| 2021 | +1.1% | +9.0% | +7.5% | +5.2% | +3.1% | −1.1% | −1.0% | +2.1% | −2.9% | +5.2% | −3.9% | +7.2% |
| 2020 | −4.3% | −10.3% | −26.9% | +16.4% | +5.2% | +2.7% | +3.6% | +6.1% | −2.2% | +2.4% | +18.0% | +7.1% |
| 2019 | — | — | — | — | — | — | — | −5.5% | +4.7% | +1.5% | +4.8% | +3.2% |
FVLZX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 17.24%
- 3-year Sharpe ratio: 0.76 (vs 4.5% risk-free rate)
- Best month: +10.98% (Apr 2026)
- Worst month: −7.28% (Dec 2024)
FVLZX Fund Flows
Monthly money in and out of Fidelity Advisor Value Fund, from SEC Form N-PORT.
- 12-month net flow: −$15.6M
- 12-month gross sales (incl. reinvestments): $124.2M
- Sales ÷ redemptions: 0.89×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $7.6M | $18.5M | −$10.9M |
| Jun 2026 | $5.2M | $5.8M | −$567K |
| May 2026 | $7.2M | $4.8M | $2.3M |
| Apr 2026 | $23.1M | $22.9M | $137K |
| Mar 2026 | $21.2M | $23.9M | −$2.7M |
| Feb 2026 | $8.1M | $8.8M | −$735K |
| Jan 2026 | $11.9M | $7.8M | $4.1M |
| Dec 2025 | $28.1M | $10.3M | $17.8M |
| Nov 2025 | $3.4M | $7.4M | −$4.1M |
| Oct 2025 | $3.1M | $11.2M | −$8.1M |
| Sep 2025 | $2.5M | $9.5M | −$7.0M |
| Aug 2025 | $3.0M | $8.8M | −$5.9M |
FVLZX Assets Under Management
Net assets of Fidelity Advisor Value Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $401.53M |
| 2026-04-30 | $376.28M |
| 2026-01-31 | $352.48M |
| 2025-10-31 | $322.49M |
| 2025-07-31 | $330.43M |
| 2025-04-30 | $317.75M |
| 2025-01-31 | $373.30M |
| 2024-10-31 | $380.01M |
| 2024-07-31 | $383.31M |
| 2024-04-30 | $364.48M |
| 2024-01-31 | $355.07M |
| 2023-10-31 | $305.35M |
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.