FDVLX vs. FVCSX
FDVLX (Fidelity Value Fund) and FVCSX (Fidelity Advisor Value Strategies Fund Class C) are both Mid Cap Value Equities funds from Fidelity. Over the past 10 years, FDVLX returned 14.46%/yr vs 10.34%/yr for FVCSX. Their correlation of 0.86 means they have usually moved in the same direction. FDVLX charges 0.68%/yr vs 1.92%/yr for FVCSX.
Performance
FDVLX vs. FVCSX - Performance Comparison
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Returns By Period
In the year-to-date period, FDVLX achieves a 25.18% return, which is significantly lower than FVCSX's 28.24% return. Over the past 10 years, FDVLX has outperformed FVCSX with an annualized return of 14.46%, while FVCSX has yielded a comparatively lower 10.34% annualized return.
FDVLX
- 1D
- -0.06%
- 1M
- 2.07%
- 6M
- 18.07%
- YTD
- 25.18%
- 1Y
- 39.96%
- 3Y*
- 24.12%
- 5Y*
- 16.17%
- 10Y*
- 14.46%
- ALL TIME*
- 11.47%
FVCSX
- 1D
- -0.10%
- 1M
- 1.97%
- 6M
- 18.57%
- YTD
- 28.24%
- 1Y
- 42.56%
- 3Y*
- 10.30%
- 5Y*
- 8.61%
- 10Y*
- 10.34%
- ALL TIME*
- 6.50%
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 |
| $0.00 | $0.00 | $0.00 |
FDVLX vs. FVCSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FDVLX Fidelity Value Fund | 25.18% | 11.32% | 30.11% | 19.57% | -9.07% | 35.30% | 9.33% | 31.68% | -17.58% | 14.11% |
FVCSX Fidelity Advisor Value Strategies Fund Class C | 28.24% | 7.23% | -6.69% | 19.32% | -8.35% | 31.94% | 7.10% | 33.09% | -17.58% | 16.92% |
Correlation
The correlation between FDVLX and FVCSX is 0.99 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.99 |
Correlation (3Y) Balances recent behavior with more history. | 0.98 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.99 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.98 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 1993 | 0.86 |
The correlation between FDVLX and FVCSX shifts across timeframes, from 0.86 (all time) to 0.99 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
FDVLX vs. FVCSX — Risk / Return Rank
FDVLX
FVCSX
FDVLX vs. FVCSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Value Fund (FDVLX) and Fidelity Advisor Value Strategies Fund Class C (FVCSX). 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 | FVCSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.05 | ||
| Sortino ratioReturn per unit of downside risk | -0.05 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.39 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 3.66 | 3.93 | -0.27 |
| Martin ratioReturn relative to average drawdown | 14.02 | 15.12 | -1.10 |
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Drawdowns
FDVLX vs. FVCSX - Drawdown Comparison
The maximum FDVLX drawdown since its inception was -66.91%, roughly equal to the maximum FVCSX drawdown of -70.38%. Use the drawdown chart below to compare losses from any high point for FDVLX and FVCSX.
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Drawdown Indicators
| FDVLX | FVCSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -66.91% | -70.38% | +3.47% |
Max Drawdown (1Y)Largest decline over 1 year | -9.90% | -9.89% | -0.01% |
Max Drawdown (3Y)Largest decline over 3 years | -31.45% | -37.07% | +5.62% |
Max Drawdown (5Y)Largest decline over 5 years | -31.45% | -37.07% | +5.62% |
Max Drawdown (10Y)Largest decline over 10 years | -48.66% | -48.07% | -0.59% |
Current DrawdownCurrent decline from peak | -0.92% | -0.94% | +0.02% |
Average DrawdownAverage peak-to-trough decline | -9.00% | -11.14% | +2.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.59% | 2.58% | +0.01% |
Volatility
FDVLX vs. FVCSX - Volatility Comparison
Fidelity Value Fund (FDVLX) and Fidelity Advisor Value Strategies Fund Class C (FVCSX) have volatilities of 3.28% and 3.27%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FDVLX | FVCSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.28% | 3.27% | +0.01% |
Volatility (6M)Calculated over the trailing 6-month period | 11.66% | 11.74% | -0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.21% | 17.02% | -0.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.48% | 20.97% | +5.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.13% | 22.13% | +3.00% |
FDVLX vs. FVCSX - Expense Ratio Comparison
FDVLX has a 0.68% expense ratio, which is lower than FVCSX's 1.92% expense ratio.
Dividends
FDVLX vs. FVCSX - Dividend Comparison
FDVLX's dividend yield for the trailing twelve months is around 8.03%, less than FVCSX's 10.20% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDVLX Fidelity Value Fund | 8.03% | 10.05% | 33.05% | 3.71% | 7.08% | 9.79% | 0.98% | 3.34% | 16.25% | 3.38% | 1.26% | 10.97% |
FVCSX Fidelity Advisor Value Strategies Fund Class C | 10.20% | 13.08% | 0.00% | 2.96% | 2.23% | 9.80% | 0.33% | 5.50% | 18.83% | 8.78% | 25.66% | 0.43% |
Frequently Asked Questions
With a correlation of 0.99, FDVLX and FVCSX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FDVLX has higher volatility (3.28%) compared to FVCSX (3.27%). In terms of maximum drawdown, FDVLX dropped -66.91% vs FVCSX's -70.38%.
FVCSX currently has the higher Sharpe Ratio (2.29 vs 2.24), 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.
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