FISVX vs. DAABX

Last updated Jun 5, 2026

FISVX (Fidelity Small Cap Value Index Fund) and DAABX (DFA U.S. Sustainability Targeted Value Portfolio) are both Small Cap Value Equities funds. Over the past 5 years, FISVX returned 6.79%/yr vs 8.01%/yr for DAABX. With a 0.97 correlation, they move nearly in lockstep. FISVX charges 0.05%/yr vs 0.36%/yr for DAABX.

Performance

FISVX vs. DAABX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Small Cap Value Index Fund (FISVX) and DFA U.S. Sustainability Targeted Value Portfolio (DAABX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FISVX achieves a 17.41% return, which is significantly higher than DAABX's 11.37% return.

FISVX

• 1D: -1.25%
• 1M: 1.19%
• YTD: 17.41%
• 6M: 16.48%
• 1Y: 42.04%
• 3Y*: 18.01%
• 5Y*: 6.79%
• 10Y*: —

DAABX

• 1D: -0.80%
• 1M: 0.98%
• YTD: 11.37%
• 6M: 11.89%
• 1Y: 29.58%
• 3Y*: 15.96%
• 5Y*: 8.01%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FISVX vs. DAABX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
FISVX Fidelity Small Cap Value Index Fund	17.41%	12.70%	8.16%	14.72%	-14.42%	28.26%	39.21%
DAABX DFA U.S. Sustainability Targeted Value Portfolio	11.37%	9.62%	9.07%	18.81%	-8.37%	31.44%	44.33%

Correlation

The correlation between FISVX and DAABX is 0.94, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.94
Correlation (3Y) Calculated over the trailing 3-year period	0.97
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (All Time) Calculated using the full available price history since Jul 6, 2020	0.97

The correlation between FISVX and DAABX has been stable across timeframes, ranging from 0.94 to 0.97 - a consistent structural relationship.

Return for Risk

FISVX vs. DAABX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FISVX

FISVX Risk / Return Rank: 70
FISVX Sharpe Ratio Rank: 61
FISVX Sortino Ratio Rank: 60
FISVX Omega Ratio Rank: 51
FISVX Calmar Ratio Rank: 91
FISVX Martin Ratio Rank: 87

DAABX

DAABX Risk / Return Rank: 37
DAABX Sharpe Ratio Rank: 34
DAABX Sortino Ratio Rank: 37
DAABX Omega Ratio Rank: 34
DAABX Calmar Ratio Rank: 42
DAABX Martin Ratio Rank: 38

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FISVX vs. DAABX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Small Cap Value Index Fund (FISVX) and DFA U.S. Sustainability Targeted Value Portfolio (DAABX). 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.

	FISVX	DAABX	Difference
Sharpe ratio: Return per unit of total volatility	2.32	1.65	+0.67
Sortino ratio: Return per unit of downside risk	3.26	2.48	+0.78
Omega ratio: Gain probability vs. loss probability	1.39	1.29	+0.10
Calmar ratio: Return relative to maximum drawdown	4.87	2.40	+2.47
Martin ratio: Return relative to average drawdown	16.51	8.13	+8.38
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FISVX vs. DAABX - Sharpe Ratio Comparison

The current FISVX Sharpe Ratio is 2.32, which is higher than the DAABX Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of FISVX and DAABX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FISVX	DAABX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.32	1.65	+0.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.31	0.37	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.42	0.85	-0.43

Drawdowns

FISVX vs. DAABX - Drawdown Comparison

The maximum FISVX drawdown since its inception was -44.66%, which is greater than DAABX's maximum drawdown of -26.11%. Use the drawdown chart below to compare losses from any high point for FISVX and DAABX.

Drawdown Indicators

	FISVX	DAABX	Difference
Max Drawdown Largest peak-to-trough decline	-44.66%	-26.11%	-18.55%
Max Drawdown (1Y) Largest decline over 1 year	-8.54%	-12.13%	+3.59%
Max Drawdown (3Y) Largest decline over 3 years	-26.50%	-26.11%	-0.39%
Max Drawdown (5Y) Largest decline over 5 years	-26.50%	-26.11%	-0.39%
Current Drawdown Current decline from peak	-1.49%	-0.80%	-0.69%
Average Drawdown Average peak-to-trough decline	-10.34%	-5.98%	-4.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	3.57%	-1.06%

Volatility

FISVX vs. DAABX - Volatility Comparison

Fidelity Small Cap Value Index Fund (FISVX) and DFA U.S. Sustainability Targeted Value Portfolio (DAABX) have volatilities of 5.00% and 4.86%, 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

	FISVX	DAABX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.00%	4.86%	+0.14%
Volatility (6M) Calculated over the trailing 6-month period	12.03%	12.13%	-0.10%
Volatility (1Y) Calculated over the trailing 1-year period	18.00%	17.75%	+0.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.71%	21.48%	+0.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.74%	22.10%	+4.64%

FISVX vs. DAABX - Expense Ratio Comparison

FISVX has a 0.05% expense ratio, which is lower than DAABX's 0.36% expense ratio.

Dividends

FISVX vs. DAABX - Dividend Comparison

FISVX's dividend yield for the trailing twelve months is around 1.86%, more than DAABX's 1.29% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
DAABX DFA U.S. Sustainability Targeted Value Portfolio	1.29%	1.06%	1.11%	1.82%	3.69%	5.30%	1.19%	0.00%
FISVX Fidelity Small Cap Value Index Fund	1.86%	2.18%	1.70%	2.06%	3.69%	9.55%	1.33%	0.62%

Frequently Asked Questions

Can I hold both FISVX and DAABX in my portfolio?

With a correlation of 0.94, FISVX and DAABX 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.

Which is riskier, FISVX or DAABX?

FISVX has higher volatility (5.00%) compared to DAABX (4.86%). In terms of maximum drawdown, FISVX dropped -44.66% vs DAABX's -26.11%.

Which has better risk-adjusted returns?

FISVX currently has the higher Sharpe Ratio (2.32 vs 1.65), 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.