DEVLX vs. FCDAX
Compare and contrast key facts about Delaware Small Cap Value Fund (DEVLX) and Fidelity Advisor Stock Selector Small Cap Fund Class A (FCDAX).
DEVLX is managed by Delaware Funds. It was launched on Jun 24, 1987. FCDAX is managed by Fidelity. It was launched on May 2, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: DEVLX or FCDAX.
Key characteristics
| DEVLX | FCDAX | |
|---|---|---|
| YTD Return | 18.42% | 22.28% |
| 1Y Return | 24.51% | 38.17% |
| 3Y Return (Ann) | -0.21% | 0.80% |
| 5Y Return (Ann) | 5.76% | 10.01% |
| 10Y Return (Ann) | 4.28% | 6.17% |
| Sharpe Ratio | 1.50 | 2.30 |
| Sortino Ratio | 2.15 | 3.21 |
| Omega Ratio | 1.28 | 1.39 |
| Calmar Ratio | 1.41 | 1.60 |
| Martin Ratio | 7.30 | 14.75 |
| Ulcer Index | 4.13% | 3.01% |
| Daily Std Dev | 20.03% | 19.28% |
| Max Drawdown | -63.90% | -65.00% |
| Current Drawdown | -1.75% | -2.67% |
Correlation
The correlation between DEVLX and FCDAX is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
DEVLX vs. FCDAX - Performance Comparison
In the year-to-date period, DEVLX achieves a 18.42% return, which is significantly lower than FCDAX's 22.28% return. Over the past 10 years, DEVLX has underperformed FCDAX with an annualized return of 4.28%, while FCDAX has yielded a comparatively higher 6.17% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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DEVLX vs. FCDAX - Expense Ratio Comparison
DEVLX has a 1.11% expense ratio, which is lower than FCDAX's 1.19% expense ratio.
Risk-Adjusted Performance
DEVLX vs. FCDAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Delaware Small Cap Value Fund (DEVLX) and Fidelity Advisor Stock Selector Small Cap Fund Class A (FCDAX). 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.
Dividends
DEVLX vs. FCDAX - Dividend Comparison
DEVLX's dividend yield for the trailing twelve months is around 2.37%, more than FCDAX's 0.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DEVLX Delaware Small Cap Value Fund | 2.37% | 2.81% | 0.77% | 0.37% | 0.68% | 0.95% | 0.84% | 0.40% | 0.52% | 0.71% | 0.34% | 0.10% |
FCDAX Fidelity Advisor Stock Selector Small Cap Fund Class A | 0.02% | 0.02% | 0.08% | 0.00% | 0.00% | 0.12% | 0.06% | 0.13% | 0.26% | 7.17% | 9.61% | 4.85% |
Drawdowns
DEVLX vs. FCDAX - Drawdown Comparison
The maximum DEVLX drawdown since its inception was -63.90%, roughly equal to the maximum FCDAX drawdown of -65.00%. Use the drawdown chart below to compare losses from any high point for DEVLX and FCDAX. For additional features, visit the drawdowns tool.
Volatility
DEVLX vs. FCDAX - Volatility Comparison
Delaware Small Cap Value Fund (DEVLX) has a higher volatility of 7.76% compared to Fidelity Advisor Stock Selector Small Cap Fund Class A (FCDAX) at 6.50%. This indicates that DEVLX's price experiences larger fluctuations and is considered to be riskier than FCDAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.