BMPEX vs. FULVX

Last updated Jul 1, 2026

BMPEX (Beck, Mack & Oliver Partners Fund) and FULVX (Fidelity U.S. Low Volatility Equity Fund) are both Large Cap Blend Equities funds. A 0.73 correlation means they provide meaningful diversification when combined. BMPEX charges 1.00%/yr vs 0.66%/yr for FULVX.

Performance

BMPEX vs. FULVX - Performance Comparison

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

Returns By Period

BMPEX

• 1D: -0.26%
• 1M: 0.46%
• YTD: -5.39%
• 6M: -6.30%
• 1Y: 0.15%
• 3Y*: 11.05%
• 5Y*: 6.83%
• 10Y*: 11.48%

FULVX

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

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

BMPEX vs. FULVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
BMPEX Beck, Mack & Oliver Partners Fund	-5.39%	5.42%	21.45%	32.28%	-21.11%	53.67%	5.06%	6.90%
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 BMPEX and FULVX is 0.56, 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	0.56
Correlation (3Y) Calculated over the trailing 3-year period	0.67
Correlation (5Y) Calculated over the trailing 5-year period	0.73
Correlation (All Time) Calculated using the full available price history since Nov 5, 2019	0.73

The correlation between BMPEX and FULVX shifts across timeframes, from 0.56 (1 year) to 0.73 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

BMPEX vs. FULVX — Risk / Return Rank

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

BMPEX

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

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.

BMPEX vs. FULVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Beck, Mack & Oliver Partners Fund (BMPEX) 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.

	BMPEX	FULVX	Difference
Sharpe ratio: Return per unit of total volatility	0.01	—	—
Sortino ratio: Return per unit of downside risk	0.13	—	—
Omega ratio: Gain probability vs. loss probability	1.02	—	—
Calmar ratio: Return relative to maximum drawdown	0.01	—	—
Martin ratio: Return relative to average drawdown	0.03	—	—

Drawdowns

Drawdown Indicators

	BMPEX	FULVX	Difference
Max Drawdown Largest peak-to-trough decline	-42.17%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-17.81%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-22.53%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.46%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-42.17%	—	—
Current Drawdown Current decline from peak	-8.78%	—	—
Average Drawdown Average peak-to-trough decline	-8.21%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	7.24%	—	—

Volatility

Volatility by Period

	BMPEX	FULVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.97%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.73%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.97%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.62%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.10%	—	—

BMPEX vs. FULVX - Expense Ratio Comparison

BMPEX has a 1.00% expense ratio, which is higher than FULVX's 0.66% expense ratio.

Dividends

BMPEX vs. FULVX - Dividend Comparison

BMPEX has not paid dividends to shareholders, while FULVX's dividend yield for the trailing twelve months is around 8.06%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BMPEX Beck, Mack & Oliver Partners Fund	0.00%	0.00%	0.00%	0.03%	0.04%	0.00%	0.59%	0.43%	0.00%	0.09%	1.04%	21.71%
FULVX Fidelity U.S. Low Volatility Equity Fund	8.06%	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 BMPEX and FULVX in my portfolio?

BMPEX and FULVX have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.