FDVLX vs. SPY
Compare and contrast key facts about Fidelity Value Fund (FDVLX) and SPDR S&P 500 ETF (SPY).
FDVLX is managed by Fidelity. It was launched on Dec 1, 1978. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDVLX or SPY.
Correlation
The correlation between FDVLX and SPY is 0.83, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FDVLX vs. SPY - Performance Comparison
Key characteristics
FDVLX:
-0.89
SPY:
0.32
FDVLX:
-1.02
SPY:
0.51
FDVLX:
0.84
SPY:
1.07
FDVLX:
-0.71
SPY:
0.39
FDVLX:
-1.69
SPY:
1.52
FDVLX:
11.53%
SPY:
3.13%
FDVLX:
22.01%
SPY:
14.74%
FDVLX:
-66.16%
SPY:
-55.19%
FDVLX:
-27.52%
SPY:
-12.17%
Returns By Period
In the year-to-date period, FDVLX achieves a -9.63% return, which is significantly lower than SPY's -8.15% return. Over the past 10 years, FDVLX has underperformed SPY with an annualized return of 2.68%, while SPY has yielded a comparatively higher 11.89% annualized return.
FDVLX
-9.63%
-4.58%
-21.97%
-20.06%
15.35%
2.68%
SPY
-8.15%
-6.68%
-4.88%
4.64%
18.45%
11.89%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FDVLX vs. SPY - Expense Ratio Comparison
FDVLX has a 0.79% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FDVLX vs. SPY — Risk-Adjusted Performance Rank
FDVLX
SPY
FDVLX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Value Fund (FDVLX) and SPDR S&P 500 ETF (SPY). 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.
Dividends
FDVLX vs. SPY - Dividend Comparison
FDVLX's dividend yield for the trailing twelve months is around 1.44%, more than SPY's 1.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDVLX Fidelity Value Fund | 1.44% | 1.30% | 1.04% | 0.70% | 1.37% | 0.98% | 1.15% | 1.39% | 1.36% | 1.23% | 12.17% | 2.94% |
SPY SPDR S&P 500 ETF | 1.34% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FDVLX vs. SPY - Drawdown Comparison
The maximum FDVLX drawdown since its inception was -66.16%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FDVLX and SPY. For additional features, visit the drawdowns tool.
Volatility
FDVLX vs. SPY - Volatility Comparison
Fidelity Value Fund (FDVLX) has a higher volatility of 8.43% compared to SPDR S&P 500 ETF (SPY) at 7.47%. This indicates that FDVLX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.