FNKLX vs. VIHAX
FNKLX (Fidelity Series Value Discovery Fund) and VIHAX (Vanguard International High Dividend Yield Index Fund Admiral Shares) are both Large Cap Value Equities funds. Over the past 10 years, FNKLX returned 11.83%/yr vs 11.15%/yr for VIHAX. Their 0.75 correlation means they have sometimes moved together and sometimes differently. FNKLX charges 0.00%/yr vs 0.16%/yr for VIHAX.
Performance
FNKLX vs. VIHAX - Performance Comparison
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Returns By Period
In the year-to-date period, FNKLX achieves a 19.36% return, which is significantly higher than VIHAX's 17.79% return. Over the past 10 years, FNKLX has outperformed VIHAX with an annualized return of 11.83%, while VIHAX has yielded a comparatively lower 11.15% annualized return.
FNKLX
- 1D
- 1.07%
- 1M
- 4.11%
- 6M
- 13.56%
- YTD
- 19.36%
- 1Y
- 33.51%
- 3Y*
- 18.12%
- 5Y*
- 11.73%
- 10Y*
- 11.83%
- ALL TIME*
- 11.72%
VIHAX
- 1D
- 0.40%
- 1M
- 4.75%
- 6M
- 9.72%
- YTD
- 17.79%
- 1Y
- 33.43%
- 3Y*
- 22.73%
- 5Y*
- 13.91%
- 10Y*
- 11.15%
- ALL TIME*
- 11.25%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FNKLX vs. VIHAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FNKLX Fidelity Series Value Discovery Fund | 19.36% | 17.47% | 13.74% | 6.15% | -2.88% | 25.83% | 8.88% | 24.24% | -9.03% | 11.58% |
VIHAX Vanguard International High Dividend Yield Index Fund Admiral Shares | 17.79% | 38.01% | 6.96% | 16.81% | -6.88% | 15.01% | -0.73% | 20.03% | -12.38% | 22.40% |
Correlation
The correlation between FNKLX and VIHAX is 0.65, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.65 |
Correlation (3Y) Balances recent behavior with more history. | 0.65 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.73 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.75 |
Correlation (All Time) Calculated using the full available price history since Mar 7, 2016 | 0.75 |
The correlation between FNKLX and VIHAX shifts across timeframes, from 0.65 (1 year) to 0.75 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FNKLX vs. VIHAX — Risk / Return Rank
FNKLX
VIHAX
FNKLX vs. VIHAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Value Discovery Fund (FNKLX) and Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX). 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.
| FNKLX | VIHAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.42 | ||
| Sortino ratioReturn per unit of downside risk | +0.73 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 1.53 | +0.08 |
| Calmar ratioReturn relative to maximum drawdown | 5.16 | 3.69 | +1.47 |
| Martin ratioReturn relative to average drawdown | 21.57 | 14.12 | +7.46 |
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Drawdowns
FNKLX vs. VIHAX - Drawdown Comparison
The maximum FNKLX drawdown since its inception was -37.31%, roughly equal to the maximum VIHAX drawdown of -38.80%. Use the drawdown chart below to compare losses from any high point for FNKLX and VIHAX.
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Drawdown Indicators
| FNKLX | VIHAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.31% | -38.80% | +1.49% |
Max Drawdown (1Y)Largest decline over 1 year | -6.79% | -9.53% | +2.74% |
Max Drawdown (3Y)Largest decline over 3 years | -10.41% | -12.29% | +1.88% |
Max Drawdown (5Y)Largest decline over 5 years | -15.88% | -23.92% | +8.04% |
Max Drawdown (10Y)Largest decline over 10 years | -37.31% | -38.80% | +1.49% |
Current DrawdownCurrent decline from peak | 0.00% | -0.22% | +0.22% |
Average DrawdownAverage peak-to-trough decline | -3.40% | -5.94% | +2.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.62% | 2.49% | -0.87% |
Volatility
FNKLX vs. VIHAX - Volatility Comparison
Fidelity Series Value Discovery Fund (FNKLX) and Vanguard International High Dividend Yield Index Fund Admiral Shares (VIHAX) have volatilities of 3.05% and 3.19%, 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.
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Volatility by Period
| FNKLX | VIHAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.05% | 3.19% | -0.14% |
Volatility (6M)Calculated over the trailing 6-month period | 7.96% | 10.20% | -2.24% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.56% | 12.13% | -1.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.47% | 13.76% | -0.29% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 16.65% | 15.56% | +1.09% |
FNKLX vs. VIHAX - Expense Ratio Comparison
FNKLX has a 0.00% expense ratio, which is lower than VIHAX's 0.16% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
FNKLX vs. VIHAX - Dividend Comparison
FNKLX's dividend yield for the trailing twelve months is around 7.35%, more than VIHAX's 3.44% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNKLX Fidelity Series Value Discovery Fund | 7.35% | 6.65% | 9.10% | 5.08% | 9.13% | 8.50% | 3.01% | 3.89% | 7.22% | 7.74% | 3.94% | 8.72% |
VIHAX Vanguard International High Dividend Yield Index Fund Admiral Shares | 3.44% | 3.69% | 4.85% | 4.58% | 4.70% | 4.30% | 3.22% | 5.63% | 4.28% | 3.16% | 2.37% | 0.00% |
Frequently Asked Questions
FNKLX and VIHAX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VIHAX has higher volatility (3.19%) compared to FNKLX (3.05%). In terms of maximum drawdown, FNKLX dropped -37.31% vs VIHAX's -38.80%.
FNKLX currently has the higher Sharpe Ratio (3.32 vs 2.91), 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.
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