BFSAX vs. FULVX

Last updated Jun 5, 2026

BFSAX (BFS Equity Fund) and FULVX (Fidelity U.S. Low Volatility Equity Fund) are both Large Cap Blend Equities funds. A 0.70 correlation means they provide meaningful diversification when combined. BFSAX charges 1.25%/yr vs 0.66%/yr for FULVX.

Performance

BFSAX vs. FULVX - Performance Comparison

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

Returns By Period

BFSAX

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

FULVX

• 1D: 0.00%
• 1M: -0.85%
• YTD: -0.01%
• 6M: -0.47%
• 1Y: 1.05%
• 3Y*: 9.47%
• 5Y*: 5.24%
• 10Y*: —

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

BFSAX vs. FULVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
BFSAX BFS Equity Fund	0.00%	0.00%	0.00%	8.75%	-18.53%	24.95%	10.46%	5.34%
FULVX Fidelity U.S. Low Volatility Equity Fund	-0.01%	5.23%	17.76%	6.38%	-10.43%	17.79%	3.83%	4.30%

Correlation

The correlation between BFSAX and FULVX is 0.70, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.30
Correlation (5Y) Calculated over the trailing 5-year period	0.61
Correlation (All Time) Calculated using the full available price history since Nov 6, 2019	0.70

The correlation between BFSAX and FULVX shifts across timeframes, from 0.30 (3 years) to 0.70 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BFSAX vs. FULVX — Risk / Return Rank

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

FULVX

FULVX Risk / Return Rank: 3
FULVX Sharpe Ratio Rank: 3
FULVX Sortino Ratio Rank: 3
FULVX Omega Ratio Rank: 3
FULVX Calmar Ratio Rank: 3
FULVX Martin Ratio Rank: 3

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.

BFSAX vs. FULVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BFS Equity Fund (BFSAX) 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.

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

Sharpe Ratios by Period

	BFSAX	FULVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.00	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.43	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.40	—

Drawdowns

Drawdown Indicators

	BFSAX	FULVX	Difference
Max Drawdown Largest peak-to-trough decline	—	-33.24%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-6.33%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-10.31%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-18.64%	—
Current Drawdown Current decline from peak	—	-3.95%	—
Average Drawdown Average peak-to-trough decline	—	-5.09%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.16%	—

Volatility

Volatility by Period

	BFSAX	FULVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	1.84%	—
Volatility (6M) Calculated over the trailing 6-month period	—	5.81%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	8.38%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	12.19%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	16.22%	—

BFSAX vs. FULVX - Expense Ratio Comparison

BFSAX has a 1.25% expense ratio, which is higher than FULVX's 0.66% expense ratio.

Dividends

BFSAX vs. FULVX - Dividend Comparison

BFSAX has not paid dividends to shareholders, while FULVX's dividend yield for the trailing twelve months is around 13.25%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BFSAX BFS Equity Fund	0.00%	0.00%	0.00%	0.00%	1.14%	9.63%	1.50%	1.69%	3.63%	0.32%	0.45%	0.30%
FULVX Fidelity U.S. Low Volatility Equity Fund	13.25%	6.82%	5.76%	1.65%	4.98%	5.35%	0.62%	0.28%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both BFSAX and FULVX in my portfolio?

BFSAX and FULVX have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.