ARTNX vs. FULVX

Last updated Jun 24, 2026

ARTNX (Artisan Select Equity Fund) and FULVX (Fidelity U.S. Low Volatility Equity Fund) are both Large Cap Blend Equities funds. A 0.72 correlation means they provide meaningful diversification when combined. ARTNX charges 1.26%/yr vs 0.66%/yr for FULVX.

Performance

ARTNX vs. FULVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Artisan Select Equity Fund (ARTNX) and Fidelity U.S. Low Volatility Equity Fund (FULVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ARTNX

• 1D: -0.51%
• 1M: 3.10%
• YTD: 11.07%
• 6M: 10.90%
• 1Y: 30.66%
• 3Y*: 22.42%
• 5Y*: 11.62%
• 10Y*: —

FULVX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

ARTNX vs. FULVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
ARTNX Artisan Select Equity Fund	11.07%	28.66%	17.09%	26.12%	-18.16%	15.36%	20.60%
FULVX Fidelity U.S. Low Volatility Equity Fund	-0.01%	5.23%	17.76%	6.38%	-10.43%	17.79%	1.01%

Correlation

The correlation between ARTNX and FULVX is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.66
Correlation (5Y) Calculated over the trailing 5-year period	0.70
Correlation (All Time) Calculated using the full available price history since Feb 7, 2020	0.72

The correlation between ARTNX and FULVX shifts across timeframes, from 0.54 (1 year) to 0.72 (all time), reflecting how their relationship changes across market environments.

Return for Risk

ARTNX vs. FULVX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

ARTNX

ARTNX Risk / Return Rank: 75
ARTNX Sharpe Ratio Rank: 82
ARTNX Sortino Ratio Rank: 80
ARTNX Omega Ratio Rank: 71
ARTNX Calmar Ratio Rank: 72
ARTNX Martin Ratio Rank: 69

FULVX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

ARTNX vs. FULVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Artisan Select Equity Fund (ARTNX) and Fidelity U.S. Low Volatility Equity Fund (FULVX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

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.

	ARTNX	FULVX	Difference
Sharpe ratio: Return per unit of total volatility	2.47	—	—
Sortino ratio: Return per unit of downside risk	3.49	—	—
Omega ratio: Gain probability vs. loss probability	1.43	—	—
Calmar ratio: Return relative to maximum drawdown	3.15	—	—
Martin ratio: Return relative to average drawdown	12.48	—	—

Drawdowns

Drawdown Indicators

	ARTNX	FULVX	Difference
Max Drawdown Largest peak-to-trough decline	-32.00%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-9.90%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-11.97%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-27.75%	—	—
Current Drawdown Current decline from peak	-1.07%	—	—
Average Drawdown Average peak-to-trough decline	-5.67%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.49%	—	—

Volatility

Volatility by Period

	ARTNX	FULVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.82%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.98%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	12.67%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.88%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.21%	—	—

ARTNX vs. FULVX - Expense Ratio Comparison

ARTNX has a 1.26% expense ratio, which is higher than FULVX's 0.66% expense ratio.

Dividends

ARTNX vs. FULVX - Dividend Comparison

ARTNX's dividend yield for the trailing twelve months is around 2.79%, less than FULVX's 8.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
ARTNX Artisan Select Equity Fund	2.79%	3.10%	2.52%	0.47%	1.35%	4.90%	0.00%	0.00%
FULVX Fidelity U.S. Low Volatility Equity Fund	8.06%	6.82%	5.76%	1.65%	4.98%	5.35%	0.62%	0.28%

Frequently Asked Questions

Can I hold both ARTNX and FULVX in my portfolio?

ARTNX and FULVX have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.