- ISIN
- US3163458421
- CUSIP
- 316345842
- Issuer
- Fidelity
- Inception Date
- May 25, 2017
- Category
- Large Cap Value Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
FDVKX Performance Chart
Fidelity Value Discovery K6 Fund (FDVKX) is up 10.7% since the beginning of the year. FDVKX is currently trading at $13 per share. Investors who bought $1,000 worth of FDVKX shares 5 years ago would now be looking at an investment worth $1,574.
Loading charts...
Returns By Period
Fidelity Value Discovery K6 Fund (FDVKX) has returned 10.71% so far this year and 25.41% over the past 12 months.
Fidelity Value Discovery K6 Fund
- 1D
- 0.37%
- 1M
- 0.60%
- YTD
- 10.71%
- 6M
- 10.16%
- 1Y
- 25.41%
- 3Y*
- 13.95%
- 5Y*
- 9.49%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FDVKX Monthly Returns History
Based on dividend-adjusted daily data since May 25, 2017, FDVKX's average daily return is +0.04%, while the average monthly return is +0.89%. At this rate, an investment would double in approximately 6.5 years.
Historically, 63% of months were positive and 37% were negative. The best month was Nov 2020 with a return of +13.4%, while the worst month was Mar 2020 at -16.0%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.
On a daily basis, FDVKX closed higher 51% of trading days. The best single day was Mar 24, 2020 with a return of +9.8%, while the worst single day was Mar 16, 2020 at -12.2%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.87% | 2.46% | -4.72% | 7.15% | 1.44% | 0.45% | 10.71% | ||||||
| 2025 | 2.45% | 0.74% | -1.14% | -2.40% | 3.05% | 2.30% | -0.16% | 3.86% | 0.58% | 1.36% | 3.36% | 1.85% | 16.82% |
| 2024 | -0.08% | 2.50% | 4.39% | -3.89% | 2.19% | -1.74% | 5.08% | 2.99% | 0.68% | -1.51% | 5.24% | -6.73% | 8.67% |
| 2023 | 2.93% | -4.32% | -0.77% | 2.74% | -4.01% | 4.17% | 3.51% | -2.66% | -2.05% | -2.28% | 5.02% | 3.96% | 5.73% |
| 2022 | -1.24% | -0.15% | 1.41% | -4.60% | 2.45% | -7.02% | 4.34% | -2.39% | -7.17% | 10.64% | 5.45% | -3.30% | -3.08% |
| 2021 | -0.17% | 3.57% | 7.30% | 4.56% | 2.86% | -2.08% | 0.92% | 1.97% | -4.20% | 4.82% | -3.80% | 7.67% | 25.05% |
Benchmark Metrics
Fidelity Value Discovery K6 Fund has an annualized alpha of -0.51%, beta of 0.82, and R2 of 0.79 versus S&P 500 Index. Calculated based on daily prices since May 25, 2017.
- This fund participated in 85.16% of S&P 500 Index downside but only 76.09% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- -0.51%
- Beta
- 0.82
- R²
- 0.79
- Upside Capture
- 76.09%
- Downside Capture
- 85.16%
Expense Ratio
FDVKX has an expense ratio of 0.45%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FDVKX ranks 82 for risk / return — in the top 82% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Value Discovery K6 Fund (FDVKX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FDVKX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.42 | ||
| Sortino ratioReturn per unit of downside risk | +0.76 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.37 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.81 | 2.78 | +1.02 |
| Martin ratioReturn relative to average drawdown | 15.17 | 12.44 | +2.73 |
Dividends
Dividend History
Fidelity Value Discovery K6 Fund provided a 12.17% dividend yield over the last twelve months, with an annual payout of $1.64 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.64 | $1.64 | $1.20 | $0.57 | $1.31 | $1.32 | $0.21 | $0.40 | $0.35 | $0.08 |
Dividend yield | 12.17% | 13.47% | 10.15% | 4.71% | 10.98% | 9.64% | 1.75% | 3.53% | 3.62% | 0.75% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Value Discovery K6 Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.23 | $0.00 | $0.00 | $0.41 | $1.64 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.90 | $0.00 | $0.00 | $0.31 | $1.20 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 | $0.00 | $0.00 | $0.15 | $0.57 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.26 | $0.00 | $0.00 | $0.05 | $1.31 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.86 | $0.00 | $0.00 | $0.46 | $1.32 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Value Discovery K6 Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Value Discovery K6 Fund was 37.70%, occurring on Mar 23, 2020. Recovery took 161 trading sessions.
The current Fidelity Value Discovery K6 Fund drawdown is 0.96%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -37.70%Mar 2020 | 2mo 2d | 7mo 21d | 9mo 23dJan 2020 - Nov 2020 |
Rate-hike selloffLate 2018 | -18.29%Dec 2018 | 10mo 29d | 10mo 8d | 1y 9moJan 2018 - Oct 2019 |
Bear market2022 | -15.92%Sep 2022 | 5mo 12d | 1y 2mo | 1y 8moApr 2022 - Dec 2023 |
2025 selloff2025 | -13.73%Apr 2025 | 4mo 7d | 4mo 7d | 8mo 14dDec 2024 - Aug 2025 |
2026 pullback2026 | -6.79%Mar 2026 | 1mo 13d | 21d | 2mo 4dFeb 2026 - Apr 2026 |
Drawdown Indicators
| FDVKX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.70% | -56.78% | +19.08% |
Max Drawdown (1Y)Largest decline over 1 year | -6.79% | -9.10% | +2.31% |
Max Drawdown (3Y)Largest decline over 3 years | -13.73% | -18.90% | +5.17% |
Max Drawdown (5Y)Largest decline over 5 years | -15.92% | -25.43% | +9.51% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.96% | -1.80% | +0.84% |
Average DrawdownAverage peak-to-trough decline | -4.26% | -10.71% | +6.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.70% | 2.03% | -0.33% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with FDVKX
Add Fidelity Value Discovery K6 Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with FDVKX