Fidelity Advisor Small Cap Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, Fidelity Advisor Small Cap Fund held 152 positions with $2.37B in net assets. Its ten largest holdings made up 19.8% of the fund. The FSCDX share class costs 1.2% a year. Over the 12 months to May 2026, FSCDX returned 39.7%, with dividends reinvested. In 2026 Q2 it added 16 new positions and exited 14.
Fidelity Advisor Small Cap Fund seeks long-term growth of capital.
The fund invests primarily in common stocks of small-capitalization companies, generally those comparable in size to constituents of the Russell 2000 Index or S&P SmallCap 600 Index, using fundamental analysis of financial condition, industry position, and market conditions to select both domestic and foreign issuers. The fund may hold growth or value stocks or both. Because security selection depends on the adviser's analysis rather than index tracking, the fund's returns will differ from any benchmark.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
Fidelity Revere Street Trust | 2.80% | $66.18M | — | — |
SANMSANMINA CORP | 2.54% | $59.97M | 230.9K | $259.73 |
2.20% | $52.08M | 60.5K | $860.84 | |
2.00% | $47.30M | 181.0K | $261.28 | |
IESCIES HOLDINGS INC | 1.96% | $46.26M | 68.2K | $678.35 |
1.85% | $43.70M | 279.4K | $156.40 | |
1.81% | $42.73M | 194.3K | $219.91 | |
1.69% | $39.86M | 691.6K | $57.64 | |
FABRINET | 1.52% | $35.98M | 55.0K | $654.16 |
1.47% | $34.68M | 817.4K | $42.43 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-05-31 — not a live quote, and not what the fund paid.
All 152 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 98.57% |
| Cash & short-term | 4.21% |
Look-through blends 1 underlying fund; 0.0% of NAV was not looked through and stays direct-classified.
By sector
- Industrials
- 21.1%
- Information Technology
- 15.4%
- Financials
- 13.3%
- Health Care
- 12.5%
- 9 other sectors
- 37.8%
- Industrials
- 21.1%
- Information Technology
- 15.4%
- Financials
- 13.3%
- Health Care
- 12.5%
- Consumer Discretionary
- 9.1%
- International
- 7.5%
- Materials
- 6.4%
- Real Estate
- 4.7%
- Cash
- 4.1%
- Energy
- 2.1%
- Consumer Staples
- 2.0%
- Utilities
- 1.1%
- Other
- 1.0%
How it has done
FSCDX share class · total returns with dividends reinvested
Volatility over the last 12 months: 13.94%. Past returns are a record, not a forecast.
The 5 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 1.20% | +39.73% | +74.54% | +52.04% | -17.06% | |
| 1.95% | +38.83% | +72.08% | +48.58% | -17.15% | |
| 1.45% | +39.42% | +73.29% | +50.28% | -17.12% | |
| 0.95% | +40.12% | +75.82% | +53.98% | -17.00% | |
| 0.83% | +40.27% | +76.49% | +55.06% | -16.95% |
These classes hold the same portfolio, so the 6.48pp spread over 5 years is the cost difference between them — roughly 1.30pp a year — not a difference in what they own.
Fees & fund details
Fidelity Advisor Small Cap Fund is an actively managed U.S. equity fund. 31% of FSCDX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 81% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.83% – 1.95%· FSCDX 1.20%
- Portfolio turnover
- 34.00% a year · as of 2026 Q1
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
16 new· the largest 8
14 exited· the largest 8
Understand how this fund fits with the rest.
Explore shared holdings, compare funds and follow their businesses with your connected AI:
- “Where do my funds overlap — FSCDX, QQQ and the fund in my 401(k)?”
- “How do this fund’s ten biggest holdings stack up against each other?”
- “For my target-date fund, what’s the real stock-and-bond mix once you look through it?”