FEIKX vs. LSVVX

Last updated Aug 1, 2026

FEIKX (Fidelity Equity-Income Fund Class K) and LSVVX (LSV Conservative Value Equity Fund) are both Large Cap Value Equities funds. Over the past 10 years, FEIKX returned 12.01%/yr vs 11.12%/yr for LSVVX. Their 0.96 correlation means they have historically moved very closely together. FEIKX charges 0.49%/yr vs 0.35%/yr for LSVVX.

Performance

FEIKX vs. LSVVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Equity-Income Fund Class K (FEIKX) and LSV Conservative Value Equity Fund (LSVVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FEIKX achieves a 12.66% return, which is significantly lower than LSVVX's 20.59% return. Over the past 10 years, FEIKX has outperformed LSVVX with an annualized return of 12.01%, while LSVVX has yielded a comparatively lower 11.12% annualized return.

FEIKX

• 1D: 0.90%
• 1M: 0.82%
• 6M: 8.65%
• YTD: 12.66%
• 1Y: 23.31%
• 3Y*: 16.99%
• 5Y*: 11.60%
• 10Y*: 12.01%
• ALL TIME*: 8.65%

LSVVX

• 1D: 0.18%
• 1M: 3.40%
• 6M: 16.55%
• YTD: 20.59%
• 1Y: 39.09%
• 3Y*: 15.66%
• 5Y*: 11.24%
• 10Y*: 11.12%
• ALL TIME*: 7.18%

*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)
FEIKX Fidelity Equity-Income Fund Class K	$0.00	$0.00	$0.00
LSVVX LSV Conservative Value Equity Fund	$0.00	$0.00	$0.00

FEIKX vs. LSVVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FEIKX Fidelity Equity-Income Fund Class K	12.66%	19.05%	15.42%	10.72%	-5.02%	24.61%	6.86%	28.02%	-8.38%	12.88%
LSVVX LSV Conservative Value Equity Fund	20.59%	19.63%	3.97%	12.19%	-4.02%	28.57%	-3.46%	25.29%	-11.10%	16.18%

Correlation

The correlation between FEIKX and LSVVX is 0.87, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.87
Correlation (3Y) Balances recent behavior with more history.	0.92
Correlation (5Y) Shows whether the relationship held over a longer period.	0.94
Correlation (10Y) Provides a long-term view across more market conditions.	0.94
Correlation (All Time) Calculated using the full available price history since May 15, 2008	0.96

The correlation between FEIKX and LSVVX has been stable across timeframes, ranging from 0.87 to 0.96 - a consistent structural relationship.

Return for Risk

FEIKX vs. LSVVX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FEIKX

FEIKX Risk / Return Rank: 88
FEIKX Sharpe Ratio Rank: 89
FEIKX Sortino Ratio Rank: 88
FEIKX Omega Ratio Rank: 84
FEIKX Calmar Ratio Rank: 90
FEIKX Martin Ratio Rank: 92

LSVVX

LSVVX Risk / Return Rank: 97
LSVVX Sharpe Ratio Rank: 98
LSVVX Sortino Ratio Rank: 97
LSVVX Omega Ratio Rank: 95
LSVVX Calmar Ratio Rank: 98
LSVVX Martin Ratio Rank: 98

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.

FEIKX vs. LSVVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Equity-Income Fund Class K (FEIKX) and LSV Conservative Value Equity Fund (LSVVX). 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.

	FEIKX	LSVVX	Difference
Sharpe ratio: Return per unit of total volatility	2.23	3.24	-1.01
Sortino ratio: Return per unit of downside risk	3.23	4.60	-1.38
Omega ratio: Gain probability vs. loss probability	1.40	1.59	-0.18
Calmar ratio: Return relative to maximum drawdown	3.33	5.83	-2.50
Martin ratio: Return relative to average drawdown	13.55	23.09	-9.54

FEIKX vs. LSVVX - Sharpe Ratio Comparison

The current FEIKX Sharpe Ratio is 2.23, which is lower than the LSVVX Sharpe Ratio of 3.24. The chart below compares the historical Sharpe Ratios of FEIKX and LSVVX, 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

FEIKX vs. LSVVX - Drawdown Comparison

The maximum FEIKX drawdown since its inception was -57.64%, smaller than the maximum LSVVX drawdown of -61.62%. Use the drawdown chart below to compare losses from any high point for FEIKX and LSVVX.

Drawdown Indicators

	FEIKX	LSVVX	Difference
Max Drawdown Largest peak-to-trough decline	-57.64%	-61.62%	+3.98%
Max Drawdown (1Y) Largest decline over 1 year	-6.47%	-6.23%	-0.24%
Max Drawdown (3Y) Largest decline over 3 years	-13.14%	-24.61%	+11.47%
Max Drawdown (5Y) Largest decline over 5 years	-17.14%	-24.61%	+7.47%
Max Drawdown (10Y) Largest decline over 10 years	-33.11%	-40.61%	+7.50%
Current Drawdown Current decline from peak	-0.20%	-0.76%	+0.56%
Average Drawdown Average peak-to-trough decline	-7.42%	-12.10%	+4.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.60%	1.58%	+0.02%

Volatility

FEIKX vs. LSVVX - Volatility Comparison

Fidelity Equity-Income Fund Class K (FEIKX) and LSV Conservative Value Equity Fund (LSVVX) have volatilities of 2.70% and 2.68%, 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.

Volatility by Period

	FEIKX	LSVVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.70%	2.68%	+0.02%
Volatility (6M) Calculated over the trailing 6-month period	7.37%	8.14%	-0.77%
Volatility (1Y) Calculated over the trailing 1-year period	9.68%	11.22%	-1.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.39%	15.84%	-2.45%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.40%	18.42%	-3.02%

FEIKX vs. LSVVX - Expense Ratio Comparison

FEIKX has a 0.49% expense ratio, which is higher than LSVVX's 0.35% expense ratio.

Dividends

FEIKX vs. LSVVX - Dividend Comparison

FEIKX's dividend yield for the trailing twelve months is around 4.14%, less than LSVVX's 11.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FEIKX Fidelity Equity-Income Fund Class K	4.14%	4.74%	5.60%	4.35%	4.65%	9.99%	3.46%	7.26%	9.87%	6.37%	4.40%	12.30%
LSVVX LSV Conservative Value Equity Fund	11.35%	13.69%	2.45%	6.57%	5.41%	3.67%	2.40%	21.48%	3.91%	1.98%	2.37%	2.38%

Frequently Asked Questions

Can I hold both FEIKX and LSVVX in my portfolio?

FEIKX and LSVVX have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FEIKX or LSVVX?

FEIKX has higher volatility (2.70%) compared to LSVVX (2.68%). In terms of maximum drawdown, FEIKX dropped -57.64% vs LSVVX's -61.62%.

Which has better risk-adjusted returns?

LSVVX currently has the higher Sharpe Ratio (3.24 vs 2.23), 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.