FLVEX vs. VTV
Compare and contrast key facts about Fidelity Large Cap Value Enhanced Index Fund (FLVEX) and Vanguard Value ETF (VTV).
FLVEX is managed by Fidelity. It was launched on Apr 19, 2007. VTV is a passively managed fund by Vanguard that tracks the performance of the MSCI US Prime Market Value Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLVEX or VTV.
Key characteristics
| FLVEX | VTV |
|---|
Correlation
The correlation between FLVEX and VTV is 0.95, 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
FLVEX vs. VTV - Performance Comparison
The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FLVEX vs. VTV - Expense Ratio Comparison
FLVEX has a 0.39% expense ratio, which is higher than VTV's 0.04% expense ratio.
Risk-Adjusted Performance
FLVEX vs. VTV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Large Cap Value Enhanced Index Fund (FLVEX) and Vanguard Value ETF (VTV). 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
FLVEX vs. VTV - Dividend Comparison
FLVEX has not paid dividends to shareholders, while VTV's dividend yield for the trailing twelve months is around 2.23%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FLVEX Fidelity Large Cap Value Enhanced Index Fund | 1.04% | 5.51% | 4.65% | 12.27% | 1.66% | 3.36% | 7.37% | 5.17% | 1.78% | 1.94% | 3.89% | 8.22% |
VTV Vanguard Value ETF | 2.23% | 2.46% | 2.52% | 2.15% | 2.56% | 2.50% | 2.73% | 2.29% | 2.44% | 2.60% | 2.22% | 2.21% |
Drawdowns
FLVEX vs. VTV - Drawdown Comparison
Volatility
FLVEX vs. VTV - Volatility Comparison
The current volatility for Fidelity Large Cap Value Enhanced Index Fund (FLVEX) is 0.00%, while Vanguard Value ETF (VTV) has a volatility of 3.75%. This indicates that FLVEX experiences smaller price fluctuations and is considered to be less risky than VTV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.