Fidelity Value Discovery Fund Class K (FVDKX)
The investment seeks capital appreciation. The fund normally invests primarily in common stocks. It invests in securities of companies that Fidelity Management & Research Company (FMR) believes are undervalued in the marketplace in relation to factors such as assets, sales, earnings, growth potential, or cash flow, or in relation to securities of other companies in the same industry. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions, to select investments.
Fund Info
US3163458835
May 9, 2008
$0
Large-Cap
Value
Expense Ratio
FVDKX has an expense ratio of 0.70%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Fidelity Value Discovery Fund Class K (FVDKX) returned 2.57% year-to-date (YTD) and 8.80% over the past 12 months. Over the past 10 years, FVDKX returned 7.76% annually, underperforming the S&P 500 benchmark at 10.85%.
FVDKX
2.57%
2.83%
-4.24%
8.80%
4.83%
12.27%
7.76%
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of FVDKX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.49% | 0.78% | -1.07% | -2.36% | 2.80% | 2.57% | |||||||
| 2024 | -0.11% | 2.54% | 4.36% | -3.89% | 2.13% | -1.66% | 5.05% | 3.02% | 0.62% | -1.56% | 5.20% | -6.72% | 8.55% |
| 2023 | 2.90% | -4.31% | -0.90% | 2.68% | -3.97% | 4.17% | 3.55% | -2.66% | -2.14% | -2.33% | 5.02% | 3.96% | 5.42% |
| 2022 | -1.51% | -0.19% | 1.35% | -4.64% | 2.42% | -7.03% | 4.27% | -2.38% | -7.29% | 10.72% | 5.39% | -3.32% | -3.68% |
| 2021 | -0.28% | 3.68% | 7.34% | 4.54% | 2.84% | -1.95% | 0.93% | 2.00% | -4.29% | 4.83% | -3.80% | 7.57% | 25.03% |
| 2020 | -4.36% | -8.70% | -15.89% | 12.63% | 3.31% | 1.31% | 2.97% | 4.81% | -2.28% | -0.00% | 13.18% | 4.35% | 7.86% |
| 2019 | 7.27% | 1.82% | 0.51% | 2.93% | -4.92% | 5.11% | 1.58% | -2.91% | 2.82% | 1.65% | 3.88% | 2.73% | 24.22% |
| 2018 | 3.80% | -4.39% | -2.37% | 0.64% | -0.28% | 0.96% | 3.06% | 1.23% | -0.16% | -4.74% | 1.98% | -8.64% | -9.25% |
| 2017 | 1.78% | 3.19% | -0.59% | 0.37% | -0.66% | 2.16% | 2.26% | -2.13% | 2.34% | 0.25% | 3.02% | 1.61% | 14.29% |
| 2016 | -4.37% | -0.14% | 5.76% | 1.03% | 1.02% | -2.02% | 3.65% | 1.53% | -0.60% | -1.32% | 5.56% | 3.05% | 13.40% |
| 2015 | -3.17% | 5.53% | -0.91% | 0.80% | 0.52% | -2.10% | 1.01% | -5.92% | -2.95% | 6.40% | 0.17% | -1.53% | -2.78% |
| 2014 | -3.40% | 4.42% | 2.78% | 0.58% | 2.12% | 1.68% | -1.02% | 3.22% | -2.47% | 2.88% | 2.59% | 0.94% | 14.93% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FVDKX is 39, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Fidelity Value Discovery Fund Class K (FVDKX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Fidelity Value Discovery Fund Class K provided a 5.34% dividend yield over the last twelve months, with an annual payout of $1.98 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.98 | $1.98 | $1.86 | $1.69 | $1.86 | $0.44 | $0.93 | $1.20 | $0.57 | $0.33 | $0.82 | $0.36 |
Dividend yield | 5.34% | 5.47% | 5.30% | 4.80% | 4.85% | 1.38% | 3.06% | 4.77% | 1.97% | 1.26% | 3.55% | 1.46% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Value Discovery Fund Class K. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.50 | $0.00 | $0.00 | $0.48 | $1.98 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.31 | $0.00 | $0.00 | $0.55 | $1.86 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.50 | $0.00 | $0.00 | $0.19 | $1.69 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.70 | $0.00 | $0.00 | $1.16 | $1.86 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.00 | $0.00 | $0.17 | $0.44 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 | $0.00 | $0.00 | $0.52 | $0.93 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.48 | $0.00 | $0.00 | $0.72 | $1.20 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 | $0.00 | $0.00 | $0.19 | $0.57 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.17 | $0.33 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.62 | $0.00 | $0.00 | $0.20 | $0.82 |
| 2014 | $0.20 | $0.00 | $0.00 | $0.16 | $0.36 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Value Discovery Fund Class K. 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 Fund Class K was 56.94%, occurring on Mar 9, 2009. Recovery took 882 trading sessions.
The current Fidelity Value Discovery Fund Class K drawdown is 4.32%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -56.94% | May 19, 2008 | 202 | Mar 9, 2009 | 882 | Sep 6, 2012 | 1084 |
| -37.71% | Jan 21, 2020 | 44 | Mar 23, 2020 | 161 | Nov 9, 2020 | 205 |
| -18.23% | Jan 29, 2018 | 229 | Dec 24, 2018 | 212 | Oct 28, 2019 | 441 |
| -16.28% | May 22, 2015 | 183 | Feb 11, 2016 | 143 | Sep 6, 2016 | 326 |
| -16.14% | Apr 21, 2022 | 113 | Sep 30, 2022 | 314 | Jan 2, 2024 | 427 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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