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:
-0.04
SPY:
1.97
FDVLX:
0.08
SPY:
2.64
FDVLX:
1.01
SPY:
1.36
FDVLX:
-0.04
SPY:
2.97
FDVLX:
-0.11
SPY:
12.34
FDVLX:
8.10%
SPY:
2.03%
FDVLX:
20.49%
SPY:
12.68%
FDVLX:
-66.16%
SPY:
-55.19%
FDVLX:
-18.50%
SPY:
-0.01%
Returns By Period
In the year-to-date period, FDVLX achieves a 1.62% return, which is significantly lower than SPY's 4.03% return. Over the past 10 years, FDVLX has underperformed SPY with an annualized return of 3.97%, while SPY has yielded a comparatively higher 13.18% annualized return.
FDVLX
1.62%
-1.14%
-9.81%
-3.79%
5.72%
3.97%
SPY
4.03%
2.03%
9.65%
23.63%
14.28%
13.18%
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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 1.28%, more than SPY's 1.16% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FDVLX Fidelity Value Fund | 1.28% | 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 | 1.16% | 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 3.59% compared to SPDR S&P 500 ETF (SPY) at 3.15%. 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.