FDVLX vs. FBGKX

Last updated Jul 31, 2026

FDVLX (Fidelity Value Fund) and FBGKX (Fidelity Blue Chip Growth Fund Class K) are both mutual funds - FDVLX is a Mid Cap Value Equities fund managed by Fidelity, while FBGKX is a Large Cap Growth Equities fund actively managed by Fidelity. Over the past 10 years, FDVLX returned 14.40%/yr vs 20.31%/yr for FBGKX. Their 0.76 correlation means they have sometimes moved together and sometimes differently. FDVLX charges 0.79%/yr vs 0.54%/yr for FBGKX.

Performance

FDVLX vs. FBGKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Value Fund (FDVLX) and Fidelity Blue Chip Growth Fund Class K (FBGKX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDVLX achieves a 25.25% return, which is significantly higher than FBGKX's 6.84% return. Over the past 10 years, FDVLX has underperformed FBGKX with an annualized return of 14.40%, while FBGKX has yielded a comparatively higher 20.31% annualized return.

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%

FBGKX

• 1D: -2.13%
• 1M: -9.02%
• 6M: 5.66%
• YTD: 6.84%
• 1Y: 18.19%
• 3Y*: 24.19%
• 5Y*: 12.89%
• 10Y*: 20.31%
• ALL TIME*: 15.51%

*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)
FBGKX Fidelity Blue Chip Growth Fund Class K	$0.00	$0.00	$0.00
FDVLX Fidelity Value Fund	$0.00	$0.00	$0.00

FDVLX vs. FBGKX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FDVLX Fidelity Value Fund	25.25%	11.32%	30.11%	19.57%	-9.07%	35.30%	9.33%	31.68%	-17.58%	14.11%
FBGKX Fidelity Blue Chip Growth Fund Class K	6.84%	19.99%	39.87%	55.76%	-38.40%	22.74%	62.35%	33.56%	1.11%	36.08%

Correlation

The correlation between FDVLX and FBGKX is 0.50, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.50
Correlation (3Y) Balances recent behavior with more history.	0.54
Correlation (5Y) Shows whether the relationship held over a longer period.	0.65
Correlation (10Y) Provides a long-term view across more market conditions.	0.64
Correlation (All Time) Calculated using the full available price history since May 15, 2008	0.76

Over the past year, the correlation between FDVLX and FBGKX has dropped to 0.50 - well below their long-term average of 0.76, suggesting their price drivers have been diverging.

Return for Risk

FDVLX vs. FBGKX — 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

FBGKX

FBGKX Risk / Return Rank: 29
FBGKX Sharpe Ratio Rank: 26
FBGKX Sortino Ratio Rank: 26
FBGKX Omega Ratio Rank: 25
FBGKX Calmar Ratio Rank: 33
FBGKX Martin Ratio Rank: 36

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. FBGKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Value Fund (FDVLX) and Fidelity Blue Chip Growth Fund Class K (FBGKX). 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	FBGKX	Difference
Sharpe ratio: Return per unit of total volatility	2.14	0.96	+1.17
Sortino ratio: Return per unit of downside risk	3.08	1.41	+1.67
Omega ratio: Gain probability vs. loss probability	1.37	1.17	+0.20
Calmar ratio: Return relative to maximum drawdown	3.50	1.51	+1.99
Martin ratio: Return relative to average drawdown	13.35	5.44	+7.91

FDVLX vs. FBGKX - Sharpe Ratio Comparison

The current FDVLX Sharpe Ratio is 2.14, which is higher than the FBGKX Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of FDVLX and FBGKX, 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

FDVLX vs. FBGKX - Drawdown Comparison

The maximum FDVLX drawdown since its inception was -66.91%, which is greater than FBGKX's maximum drawdown of -48.90%. Use the drawdown chart below to compare losses from any high point for FDVLX and FBGKX.

Drawdown Indicators

	FDVLX	FBGKX	Difference
Max Drawdown Largest peak-to-trough decline	-66.91%	-48.90%	-18.01%
Max Drawdown (1Y) Largest decline over 1 year	-9.90%	-12.63%	+2.73%
Max Drawdown (3Y) Largest decline over 3 years	-31.45%	-27.06%	-4.39%
Max Drawdown (5Y) Largest decline over 5 years	-31.45%	-43.03%	+11.58%
Max Drawdown (10Y) Largest decline over 10 years	-48.66%	-43.03%	-5.63%
Current Drawdown Current decline from peak	-0.86%	-10.59%	+9.73%
Average Drawdown Average peak-to-trough decline	-9.00%	-8.32%	-0.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.62%	3.50%	-0.88%

Volatility

FDVLX vs. FBGKX - Volatility Comparison

The current volatility for Fidelity Value Fund (FDVLX) is 3.27%, while Fidelity Blue Chip Growth Fund Class K (FBGKX) has a volatility of 5.94%. This indicates that FDVLX experiences smaller price fluctuations and is considered to be less risky than FBGKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDVLX	FBGKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.27%	5.94%	-2.67%
Volatility (6M) Calculated over the trailing 6-month period	11.66%	15.81%	-4.15%
Volatility (1Y) Calculated over the trailing 1-year period	16.22%	19.87%	-3.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.49%	25.20%	+1.29%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.14%	23.81%	+1.33%

FDVLX vs. FBGKX - Expense Ratio Comparison

FDVLX has a 0.79% expense ratio, which is higher than FBGKX's 0.54% expense ratio.

Dividends

FDVLX vs. FBGKX - Dividend Comparison

FDVLX's dividend yield for the trailing twelve months is around 8.02%, more than FBGKX's 1.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FBGKX Fidelity Blue Chip Growth Fund Class K	1.77%	1.89%	6.00%	0.93%	0.56%	8.77%	6.41%	3.70%	6.41%	4.26%	4.22%	5.36%
FDVLX Fidelity Value Fund	8.02%	10.05%	33.05%	3.71%	7.08%	9.79%	0.98%	3.34%	16.25%	3.38%	1.26%	10.97%

Frequently Asked Questions

Can I hold both FDVLX and FBGKX in my portfolio?

FDVLX and FBGKX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDVLX or FBGKX?

FBGKX has higher volatility (5.94%) compared to FDVLX (3.27%). In terms of maximum drawdown, FDVLX dropped -66.91% vs FBGKX's -48.90%.

Which has better risk-adjusted returns?

FDVLX currently has the higher Sharpe Ratio (2.14 vs 0.96), 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.