Fidelity Series Value Discovery Fund (FNKLX) belongs to the Large Cap Value Equities category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FNKLX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FNKLX
FNKLX charges 0.00% annually. No mutual funds in the Large Cap Value Equities category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.01%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Series Stock Selector Large Cap Value Fun... | 0.01% | — | Dec 2012 | FNKLX vs FBLEX | |
| Fidelity Large Cap Value Index Fund | 0.04% | 13.00B | Jun 2016 | FNKLX vs FLCOX | |
| Schwab U.S. Large-Cap Value Index Fund | 0.04% | — | Dec 2017 | FNKLX vs SWLVX | |
| Vanguard Value Index Fund Institutional Shares | 0.04% | — | Jul 1998 | FNKLX vs VIVIX | |
| TIAA-CREF Large-Cap Value Index Fund | 0.05% | — | Oct 2002 | FNKLX vs TILVX |
Best Risk-Adjusted Alternatives to FNKLX
FNKLX has a PortfoliosLab risk / return rank of 83. There are 82 mutual funds in the Large Cap Value Equities category with higher risk-adjusted ranks, going as high as 96.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nomura Growth and Income Fund Institutional Class | 96 | — | Oct 1993 | FNKLX vs FGIPX | |
| Delaware Growth and Income Fund | 96 | — | Oct 1993 | FNKLX vs FGINX | |
| Al Frank Fund | 96 | — | May 2006 | FNKLX vs VALAX | |
| SA U.S. Value Fund | 95 | — | Aug 1999 | FNKLX vs SABTX | |
| Avantis U.S. Large Cap Value Fund Institutional Cl... | 95 | — | Jun 2022 | FNKLX vs AVLVX |
Top Performing FNKLX Alternatives (YTD)
FNKLX is at 11.21% YTD. There are 121 mutual funds in the Large Cap Value Equities category with higher YTD returns, going as high as 25.18%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Al Frank Fund | 25.18% | — | May 2006 | FNKLX vs VALAX | |
| AMG Yacktman Focused Fund | 23.48% | — | May 1997 | FNKLX vs YAFFX | |
| Avantis U.S. Large Cap Value Fund Institutional Cl... | 23.32% | — | Jun 2022 | FNKLX vs AVLVX | |
| PIMCO RAE US Fund | 21.63% | — | Jun 2015 | FNKLX vs PKAIX | |
| Neuberger Berman Large Cap Value Fund | 20.12% | — | Jan 1975 | FNKLX vs NPRTX |
Lowest Volatility Alternatives to FNKLX
FNKLX has 10.60% 1-year volatility. There are 92 mutual funds in the Large Cap Value Equities category with lower 1-year volatility, going as low as 1.41%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| American Beacon Shapiro Equity Opportunities Fund | 1.41% | — | Sep 2017 | FNKLX vs SHXPX | |
| Advisors Capital Tactical Fixed Income Fund | 3.65% | — | Feb 2021 | FNKLX vs ACTIX | |
| The Income Fund of America Class R-1 | 7.38% | — | Dec 1973 | FNKLX vs RIDAX | |
| Fidelity Advisor Large Cap Fund Class M | 7.81% | — | Feb 1996 | FNKLX vs FALGX | |
| SEI Institutional Managed Trust Tax-Managed Manage... | 8.36% | — | Dec 2007 | FNKLX vs TMMAX |
Lowest Drawdown Alternatives to FNKLX
FNKLX has a 1-year max drawdown of -6.79%. There are 93 mutual funds in the Large Cap Value Equities category with shallower 1-year drawdowns, going as shallow as -2.90%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Advisors Capital Tactical Fixed Income Fund | -2.90% | — | Feb 2021 | FNKLX vs ACTIX | |
| Hennessy Cornerstone Value Fund | -3.77% | — | Nov 1996 | FNKLX vs HFCVX | |
| Buffalo Flexible Income Fund | -4.45% | — | Aug 1994 | FNKLX vs BUFBX | |
| Torray Fund | -4.50% | — | Dec 1990 | FNKLX vs TORYX | |
| Federated Hermes Strategic Value Dividend Fund | -4.66% | — | Mar 2005 | FNKLX vs SVAIX |
Other Mutual Funds from Fidelity
The 10 most viewed Fidelity mutual funds shown here include FXAIX, FSELX, FZROX and span 6 categories. AUM among these funds goes as high as $176B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity 500 Index Fund | S&P 500 | 65 | 9.79% | — | Feb 1988 | FNKLX vs FXAIX | |
| Fidelity Select Semiconductors Portfolio | Semiconductors, Technology Equities | 96 | 89.12% | — | Jul 1985 | FNKLX vs FSELX | |
| Fidelity ZERO Total Market Index Fund | Large Cap Blend Equities | 65 | 10.41% | — | — | FNKLX vs FZROX | |
| Fidelity Total Market Index Fund | Large Cap Blend Equities | 64 | 10.43% | — | — | FNKLX vs FSKAX | |
| Fidelity Large Cap Growth Index Fund | Large Cap Growth Equities | 21 | 3.18% | — | — | FNKLX vs FSPGX | |
| Fidelity Blue Chip Growth Fund | Large Cap Growth Equities | 68 | 16.84% | — | Dec 1987 | FNKLX vs FBGRX | |
| Fidelity Contrafund | Large Cap Growth Equities | 37 | 8.62% | 176.32B | May 1967 | FNKLX vs FCNTX | |
| Fidelity ZERO Large Cap Index Fund | Large Cap Blend Equities | 62 | 9.63% | — | — | FNKLX vs FNILX | |
| Fidelity International Index Fund | Foreign Large Cap Equities | 39 | 10.74% | — | Nov 1997 | FNKLX vs FSPSX | |
| Fidelity Total International Index Fund | Foreign Large Cap Equities | 66 | 15.70% | — | Jun 2016 | FNKLX vs FTIHX |
Often Compared With FNKLX
Investors most often compare FNKLX with SCHV, SCHD, GABF. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare FNKLX with Any Fund or Stock
Compare FNKLX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FNKLX with funds that move differently
Fidelity Series Value Discovery Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FNKLX.
Explore FNKLX Diversifiers