FDEIX vs. VTV

Last updated Jun 24, 2026

FDEIX (Fidelity Advisor Capital Development Fund Class I) and VTV (Vanguard Value ETF) are both Large Cap Value Equities funds. Over the past 10 years, FDEIX returned 16.19%/yr vs 12.95%/yr for VTV. Their correlation of 0.90 suggests significant overlap in exposure. FDEIX charges 0.71%/yr vs 0.04%/yr for VTV.

Performance

FDEIX vs. VTV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Capital Development Fund Class I (FDEIX) and Vanguard Value ETF (VTV). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDEIX achieves a 9.19% return, which is significantly lower than VTV's 14.47% return. Over the past 10 years, FDEIX has outperformed VTV with an annualized return of 16.19%, while VTV has yielded a comparatively lower 12.95% annualized return.

FDEIX

• 1D: -0.75%
• 1M: 0.50%
• YTD: 9.19%
• 6M: 8.49%
• 1Y: 28.43%
• 3Y*: 25.51%
• 5Y*: 16.28%
• 10Y*: 16.19%

VTV

• 1D: -0.56%
• 1M: 3.10%
• YTD: 14.47%
• 6M: 13.93%
• 1Y: 27.19%
• 3Y*: 18.66%
• 5Y*: 12.22%
• 10Y*: 12.95%

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

FDEIX vs. VTV - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FDEIX Fidelity Advisor Capital Development Fund Class I	9.19%	27.44%	26.86%	24.00%	-8.17%	25.18%	8.93%	31.14%	-9.21%	16.45%
VTV Vanguard Value ETF	14.47%	15.27%	15.95%	9.32%	-2.09%	26.53%	2.33%	25.66%	-5.47%	17.15%

Correlation

The correlation between FDEIX and VTV is 0.66, 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	0.66
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (10Y) Calculated over the trailing 10-year period	0.89
Correlation (All Time) Calculated using the full available price history since Jun 1, 2004	0.90

Over the past year, the correlation between FDEIX and VTV has dropped to 0.66 - well below their long-term average of 0.90, suggesting their price drivers have been diverging.

Return for Risk

FDEIX vs. VTV — Risk / Return Rank

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

FDEIX

FDEIX Risk / Return Rank: 72
FDEIX Sharpe Ratio Rank: 74
FDEIX Sortino Ratio Rank: 70
FDEIX Omega Ratio Rank: 66
FDEIX Calmar Ratio Rank: 70
FDEIX Martin Ratio Rank: 80

VTV

VTV Risk / Return Rank: 84
VTV Sharpe Ratio Rank: 85
VTV Sortino Ratio Rank: 87
VTV Omega Ratio Rank: 82
VTV Calmar Ratio Rank: 83
VTV Martin Ratio Rank: 83

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.

FDEIX vs. VTV - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Capital Development Fund Class I (FDEIX) and Vanguard Value ETF (VTV). 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.

	FDEIX	VTV	Difference
Sharpe ratio: Return per unit of total volatility	2.31	2.63	-0.33
Sortino ratio: Return per unit of downside risk	3.18	3.75	-0.57
Omega ratio: Gain probability vs. loss probability	1.41	1.47	-0.06
Calmar ratio: Return relative to maximum drawdown	3.09	4.30	-1.21
Martin ratio: Return relative to average drawdown	13.91	16.20	-2.29

FDEIX vs. VTV - Sharpe Ratio Comparison

The current FDEIX Sharpe Ratio is 2.31, which is comparable to the VTV Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of FDEIX and VTV, 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

FDEIX vs. VTV - Drawdown Comparison

The maximum FDEIX drawdown since its inception was -57.82%, roughly equal to the maximum VTV drawdown of -59.27%. Use the drawdown chart below to compare losses from any high point for FDEIX and VTV.

Drawdown Indicators

	FDEIX	VTV	Difference
Max Drawdown Largest peak-to-trough decline	-57.82%	-59.27%	+1.45%
Max Drawdown (1Y) Largest decline over 1 year	-9.64%	-6.35%	-3.29%
Max Drawdown (3Y) Largest decline over 3 years	-19.72%	-14.52%	-5.20%
Max Drawdown (5Y) Largest decline over 5 years	-21.81%	-17.04%	-4.77%
Max Drawdown (10Y) Largest decline over 10 years	-36.61%	-36.78%	+0.17%
Current Drawdown Current decline from peak	-1.05%	-0.56%	-0.49%
Average Drawdown Average peak-to-trough decline	-8.11%	-7.85%	-0.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.13%	1.68%	+0.45%

Volatility

FDEIX vs. VTV - Volatility Comparison

Fidelity Advisor Capital Development Fund Class I (FDEIX) has a higher volatility of 4.42% compared to Vanguard Value ETF (VTV) at 3.41%. This indicates that FDEIX's price experiences larger fluctuations and is considered to be riskier than VTV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDEIX	VTV	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.42%	3.41%	+1.01%
Volatility (6M) Calculated over the trailing 6-month period	10.03%	7.85%	+2.18%
Volatility (1Y) Calculated over the trailing 1-year period	12.93%	10.39%	+2.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.63%	13.88%	+3.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.86%	16.65%	+2.21%

FDEIX vs. VTV - Expense Ratio Comparison

FDEIX has a 0.71% expense ratio, which is higher than VTV's 0.04% expense ratio.

Dividends

FDEIX vs. VTV - Dividend Comparison

FDEIX's dividend yield for the trailing twelve months is around 9.42%, more than VTV's 1.83% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDEIX Fidelity Advisor Capital Development Fund Class I	9.42%	10.28%	8.81%	4.21%	5.46%	5.49%	4.32%	7.30%	15.57%	5.32%	2.82%	5.75%
VTV Vanguard Value ETF	1.83%	2.05%	2.31%	2.46%	2.52%	2.15%	2.56%	2.50%	2.73%	2.29%	2.44%	2.60%

Frequently Asked Questions

Can I hold both FDEIX and VTV in my portfolio?

FDEIX and VTV have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDEIX or VTV?

FDEIX has higher volatility (4.42%) compared to VTV (3.41%). In terms of maximum drawdown, FDEIX dropped -57.82% vs VTV's -59.27%.

Which has better risk-adjusted returns?

VTV currently has the higher Sharpe Ratio (2.63 vs 2.31), 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.