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 0.85, 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:
-0.23
SPY:
0.51
FDVLX:
-0.18
SPY:
0.86
FDVLX:
0.98
SPY:
1.13
FDVLX:
-0.20
SPY:
0.55
FDVLX:
-0.67
SPY:
2.26
FDVLX:
7.22%
SPY:
4.55%
FDVLX:
21.18%
SPY:
20.08%
FDVLX:
-66.37%
SPY:
-55.19%
FDVLX:
-16.28%
SPY:
-9.89%
Returns By Period
In the year-to-date period, FDVLX achieves a -9.41% return, which is significantly lower than SPY's -5.76% return. Over the past 10 years, FDVLX has underperformed SPY with an annualized return of 7.91%, while SPY has yielded a comparatively higher 11.99% annualized return.
FDVLX
-9.41%
-6.10%
-9.18%
-4.15%
18.91%
7.91%
SPY
-5.76%
-3.16%
-4.30%
10.76%
15.96%
11.99%
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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 1.44%, more than SPY's 1.30% 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 | 1.30% | 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 -66.37%, 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) and SPDR S&P 500 ETF (SPY) have volatilities of 14.59% and 15.12%, 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.