FDVLX vs. BZ=F

Last updated Jul 31, 2026

FDVLX (Fidelity Value Fund) is Mid Cap Value Equities fund managed by Fidelity, while BZ=F (Brent Crude Oil Last Day Financial Futures) is an asset. Their -0.05 correlation means they have often moved in opposite directions in the past.

Performance

FDVLX vs. BZ=F - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Value Fund (FDVLX) and Brent Crude Oil Last Day Financial Futures (BZ=F). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FDVLX

• 1D: -0.86%
• 1M: 2.74%
• 6M: 17.18%
• YTD: 25.25%
• 1Y: 36.12%
• 3Y*: 24.41%
• 5Y*: 16.19%
• 10Y*: 14.40%
• ALL TIME*: 11.47%

BZ=F

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

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FDVLX Fidelity Value Fund	$0.00	$0.00	$0.00

FDVLX vs. BZ=F - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
FDVLX Fidelity Value Fund	25.25%	11.32%	30.11%	19.57%	-4.79%
BZ=F Brent Crude Oil Last Day Financial Futures	0.00%	0.00%	0.00%	0.00%	20.59%

Correlation

The correlation between FDVLX and BZ=F is -0.05, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jan 31, 2022	-0.05

Return for Risk

FDVLX vs. BZ=F — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FDVLX

FDVLX Risk / Return Rank: 86
FDVLX Sharpe Ratio Rank: 86
FDVLX Sortino Ratio Rank: 84
FDVLX Omega Ratio Rank: 80
FDVLX Calmar Ratio Rank: 90
FDVLX Martin Ratio Rank: 92

BZ=F

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FDVLX vs. BZ=F - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Value Fund (FDVLX) and Brent Crude Oil Last Day Financial Futures (BZ=F). 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.

	FDVLX	BZ=F	Difference
Sharpe ratio: Return per unit of total volatility	2.14	—	—
Sortino ratio: Return per unit of downside risk	3.08	—	—
Omega ratio: Gain probability vs. loss probability	1.37	—	—
Calmar ratio: Return relative to maximum drawdown	3.50	—	—
Martin ratio: Return relative to average drawdown	13.35	—	—

Drawdowns

Drawdown Indicators

	FDVLX	BZ=F	Difference
Max Drawdown Largest peak-to-trough decline	-66.91%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-9.90%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-31.45%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-31.45%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-48.66%	—	—
Current Drawdown Current decline from peak	-0.86%	—	—
Average Drawdown Average peak-to-trough decline	-9.00%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.62%	—	—

Volatility

Volatility by Period

	FDVLX	BZ=F	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.27%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.66%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	16.22%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.49%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.14%	—	—

Frequently Asked Questions

Can I hold both FDVLX and BZ=F in my portfolio?

FDVLX and BZ=F have a correlation of -0.05, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.