FDVKX vs. UPDDX

Last updated Jun 6, 2026

FDVKX (Fidelity Value Discovery K6 Fund) and UPDDX (Upright Growth & Income Fund) are both Large Cap Value Equities funds. A 0.60 correlation means they provide meaningful diversification when combined. FDVKX charges 0.45%/yr vs 2.57%/yr for UPDDX.

Performance

FDVKX vs. UPDDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Value Discovery K6 Fund (FDVKX) and Upright Growth & Income Fund (UPDDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FDVKX

• 1D: 0.90%
• 1M: 2.59%
• YTD: 11.04%
• 6M: 12.81%
• 1Y: 25.48%
• 3Y*: 14.80%
• 5Y*: 8.51%
• 10Y*: —

UPDDX

• 1D: 1.05%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FDVKX vs. UPDDX - Yearly Performance Comparison

	2026 (YTD)
FDVKX Fidelity Value Discovery K6 Fund	0.45%
UPDDX Upright Growth & Income Fund	3.47%

Correlation

The correlation between FDVKX and UPDDX is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 29, 2026	0.60

Return for Risk

FDVKX vs. UPDDX — Risk / Return Rank

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

FDVKX

FDVKX Risk / Return Rank: 82
FDVKX Sharpe Ratio Rank: 82
FDVKX Sortino Ratio Rank: 81
FDVKX Omega Ratio Rank: 75
FDVKX Calmar Ratio Rank: 85
FDVKX Martin Ratio Rank: 86

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.

FDVKX vs. UPDDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Value Discovery K6 Fund (FDVKX) and Upright Growth & Income Fund (UPDDX). 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.

	FDVKX	UPDDX	Difference
Sharpe ratio: Return per unit of total volatility	2.60	—	—
Sortino ratio: Return per unit of downside risk	3.77	—	—
Omega ratio: Gain probability vs. loss probability	1.47	—	—
Calmar ratio: Return relative to maximum drawdown	3.94	—	—
Martin ratio: Return relative to average drawdown	15.77	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FDVKX	UPDDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.60	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	22.25	-21.66

Drawdowns

FDVKX vs. UPDDX - Drawdown Comparison

The maximum FDVKX drawdown since its inception was -37.70%, which is greater than UPDDX's maximum drawdown of -1.24%. Use the drawdown chart below to compare losses from any high point for FDVKX and UPDDX.

Drawdown Indicators

	FDVKX	UPDDX	Difference
Max Drawdown Largest peak-to-trough decline	-37.70%	-1.24%	-36.46%
Max Drawdown (1Y) Largest decline over 1 year	-6.79%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-13.73%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-15.92%	—	—
Current Drawdown Current decline from peak	0.00%	-0.20%	+0.20%
Average Drawdown Average peak-to-trough decline	-4.28%	-0.35%	-3.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.69%	—	—

Volatility

Volatility by Period

	FDVKX	UPDDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.35%	—	—
Volatility (6M) Calculated over the trailing 6-month period	7.51%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	10.30%	23.04%	-12.74%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.44%	23.04%	-9.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.28%	23.04%	-5.76%

FDVKX vs. UPDDX - Expense Ratio Comparison

FDVKX has a 0.45% expense ratio, which is lower than UPDDX's 2.57% expense ratio.

Dividends

FDVKX vs. UPDDX - Dividend Comparison

FDVKX's dividend yield for the trailing twelve months is around 12.13%, while UPDDX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FDVKX Fidelity Value Discovery K6 Fund	12.13%	13.47%	10.15%	4.71%	10.98%	9.64%	1.75%	3.53%	3.62%	0.75%
UPDDX Upright Growth & Income Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FDVKX and UPDDX in my portfolio?

FDVKX and UPDDX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.