FIVFX vs. FVLKX

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity International Capital Appreciation Fund (FIVFX) and Fidelity Value Fund Class K (FVLKX).

FIVFX is managed by Fidelity. It was launched on Nov 1, 1994. FVLKX is managed by Fidelity. It was launched on May 9, 2008.

Performance

FIVFX vs. FVLKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity International Capital Appreciation Fund (FIVFX) and Fidelity Value Fund Class K (FVLKX). The values are adjusted to include any dividend payments, if applicable.

FIVFX vs. FVLKX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FIVFX Fidelity International Capital Appreciation Fund	0.00%	19.54%	8.05%	27.58%	-26.48%	12.14%	22.32%	33.05%	-12.87%	35.81%
FVLKX Fidelity Value Fund Class K	0.43%	11.37%	14.64%	19.65%	-8.91%	35.38%	9.41%	31.92%	-17.56%	14.09%

Returns By Period

FIVFX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FVLKX

• 1D: -0.64%
• 1M: -8.68%
• YTD: 0.43%
• 6M: 5.37%
• 1Y: 18.18%
• 3Y*: 14.82%
• 5Y*: 9.79%
• 10Y*: 11.23%

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

FIVFX vs. FVLKX - Expense Ratio Comparison

FIVFX has a 1.00% expense ratio, which is higher than FVLKX's 0.71% expense ratio.

FIVFX

Fidelity International Capital Appreciation Fund

FVLKX

Fidelity Value Fund Class K

Return for Risk

FIVFX vs. FVLKX — Risk / Return Rank

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

FVLKX

FVLKX Risk / Return Rank: 42
FVLKX Sharpe Ratio Rank: 41
FVLKX Sortino Ratio Rank: 46
FVLKX Omega Ratio Rank: 40
FVLKX Calmar Ratio Rank: 41
FVLKX Martin Ratio Rank: 43

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.

FIVFX vs. FVLKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity International Capital Appreciation Fund (FIVFX) and Fidelity Value Fund Class K (FVLKX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	FIVFX	FVLKX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.85	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.43	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.04	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.04	—

Correlation

The correlation between FIVFX and FVLKX is 0.73, 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.

Dividends

FIVFX vs. FVLKX - Dividend Comparison

FIVFX's dividend yield for the trailing twelve months is around 10.67%, more than FVLKX's 9.99% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIVFX Fidelity International Capital Appreciation Fund	10.67%	10.67%	4.19%	0.38%	0.05%	9.08%	1.28%	3.29%	3.00%	2.99%	0.68%	1.57%
FVLKX Fidelity Value Fund Class K	9.99%	10.03%	20.95%	3.80%	7.16%	9.87%	1.06%	3.43%	16.38%	3.37%	1.36%	11.10%

Drawdowns

Drawdown Indicators

	FIVFX	FVLKX	Difference
Max Drawdown Largest peak-to-trough decline	—	-90.17%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-14.99%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-31.39%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-90.17%	—
Current Drawdown Current decline from peak	—	-9.86%	—
Average Drawdown Average peak-to-trough decline	—	-9.52%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.65%	—

Volatility

Volatility by Period

	FIVFX	FVLKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.35%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.76%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	21.63%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	23.01%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	288.99%	—