DAABX vs. FIKNX

Last updated Jul 18, 2026

DAABX (DFA U.S. Sustainability Targeted Value Portfolio) and FIKNX (Fidelity Advisor Small Cap Value Fund Class Z) are both Small Cap Value Equities funds. Over the past 5 years, DAABX returned 11.40%/yr vs 11.44%/yr for FIKNX. With a 0.97 correlation, they move nearly in lockstep. DAABX charges 0.36%/yr vs 0.87%/yr for FIKNX.

Performance

DAABX vs. FIKNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DFA U.S. Sustainability Targeted Value Portfolio (DAABX) and Fidelity Advisor Small Cap Value Fund Class Z (FIKNX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DAABX achieves a 19.76% return, which is significantly lower than FIKNX's 28.19% return.

DAABX

• 1D: 1.68%
• 1M: 5.75%
• 6M: 12.54%
• YTD: 19.76%
• 1Y: 30.02%
• 3Y*: 15.95%
• 5Y*: 11.40%
• 10Y*: —

FIKNX

• 1D: 1.18%
• 1M: 5.77%
• 6M: 19.80%
• YTD: 28.19%
• 1Y: 36.85%
• 3Y*: 17.30%
• 5Y*: 11.44%
• 10Y*: —

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

DAABX vs. FIKNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
DAABX DFA U.S. Sustainability Targeted Value Portfolio	19.76%	9.62%	9.07%	18.81%	-8.37%	31.44%	44.33%
FIKNX Fidelity Advisor Small Cap Value Fund Class Z	28.19%	8.18%	8.00%	17.97%	-12.98%	38.27%	42.18%

Correlation

The correlation between DAABX and FIKNX is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.95
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (All Time) Calculated using the full available price history since Jul 2, 2020	0.97

The correlation between DAABX and FIKNX has been stable across timeframes, ranging from 0.93 to 0.97 - a consistent structural relationship.

Return for Risk

DAABX vs. FIKNX — Risk / Return Rank

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

DAABX

DAABX Risk / Return Rank: 64
DAABX Sharpe Ratio Rank: 65
DAABX Sortino Ratio Rank: 71
DAABX Omega Ratio Rank: 60
DAABX Calmar Ratio Rank: 68
DAABX Martin Ratio Rank: 53

FIKNX

FIKNX Risk / Return Rank: 83
FIKNX Sharpe Ratio Rank: 81
FIKNX Sortino Ratio Rank: 82
FIKNX Omega Ratio Rank: 73
FIKNX Calmar Ratio Rank: 90
FIKNX Martin Ratio Rank: 87

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.

DAABX vs. FIKNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DFA U.S. Sustainability Targeted Value Portfolio (DAABX) and Fidelity Advisor Small Cap Value Fund Class Z (FIKNX). 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.

	DAABX	FIKNX	Difference
Sharpe ratio: Return per unit of total volatility	1.83	2.16	-0.34
Sortino ratio: Return per unit of downside risk	2.76	3.22	-0.47
Omega ratio: Gain probability vs. loss probability	1.33	1.37	-0.04
Calmar ratio: Return relative to maximum drawdown	2.61	3.74	-1.13
Martin ratio: Return relative to average drawdown	8.91	13.11	-4.20

DAABX vs. FIKNX - Sharpe Ratio Comparison

The current DAABX Sharpe Ratio is 1.83, which is comparable to the FIKNX Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of DAABX and FIKNX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DAABX vs. FIKNX - Drawdown Comparison

The maximum DAABX drawdown since its inception was -26.11%, smaller than the maximum FIKNX drawdown of -44.09%. Use the drawdown chart below to compare losses from any high point for DAABX and FIKNX.

Drawdown Indicators

	DAABX	FIKNX	Difference
Max Drawdown Largest peak-to-trough decline	-26.11%	-44.09%	+17.98%
Max Drawdown (1Y) Largest decline over 1 year	-12.13%	-10.35%	-1.78%
Max Drawdown (3Y) Largest decline over 3 years	-26.11%	-24.87%	-1.24%
Max Drawdown (5Y) Largest decline over 5 years	-26.11%	-24.87%	-1.24%
Current Drawdown Current decline from peak	0.00%	-0.43%	+0.43%
Average Drawdown Average peak-to-trough decline	-5.87%	-7.56%	+1.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.54%	2.95%	+0.59%

Volatility

DAABX vs. FIKNX - Volatility Comparison

The current volatility for DFA U.S. Sustainability Targeted Value Portfolio (DAABX) is 3.82%, while Fidelity Advisor Small Cap Value Fund Class Z (FIKNX) has a volatility of 4.30%. This indicates that DAABX experiences smaller price fluctuations and is considered to be less risky than FIKNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DAABX	FIKNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.82%	4.30%	-0.48%
Volatility (6M) Calculated over the trailing 6-month period	12.21%	13.51%	-1.30%
Volatility (1Y) Calculated over the trailing 1-year period	17.37%	17.90%	-0.53%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.36%	20.92%	+0.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.97%	24.53%	-2.56%

DAABX vs. FIKNX - Expense Ratio Comparison

DAABX has a 0.36% expense ratio, which is lower than FIKNX's 0.87% expense ratio.

Dividends

DAABX vs. FIKNX - Dividend Comparison

DAABX's dividend yield for the trailing twelve months is around 1.26%, less than FIKNX's 7.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
DAABX DFA U.S. Sustainability Targeted Value Portfolio	1.26%	1.06%	1.11%	1.82%	3.69%	5.30%	1.19%	0.00%	0.00%
FIKNX Fidelity Advisor Small Cap Value Fund Class Z	7.99%	10.24%	4.82%	5.32%	5.92%	8.07%	0.58%	3.65%	8.42%

Frequently Asked Questions

Can I hold both DAABX and FIKNX in my portfolio?

With a correlation of 0.93, DAABX and FIKNX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, DAABX or FIKNX?

FIKNX has higher volatility (4.30%) compared to DAABX (3.82%). In terms of maximum drawdown, DAABX dropped -26.11% vs FIKNX's -44.09%.

Which has better risk-adjusted returns?

FIKNX currently has the higher Sharpe Ratio (2.16 vs 1.83), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.