FSMVX vs. PEYAX
Compare and contrast key facts about Fidelity Mid Cap Value Fund (FSMVX) and Putnam Large Cap Value Fund (PEYAX).
FSMVX is managed by Fidelity. It was launched on Nov 15, 2001. PEYAX is managed by Putnam. It was launched on Jun 15, 1977.
Performance
FSMVX vs. PEYAX - Performance Comparison
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FSMVX vs. PEYAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSMVX Fidelity Mid Cap Value Fund | 3.51% | 13.06% | 14.53% | 22.59% | -10.64% | 34.00% | 0.95% | 23.57% | -18.91% | 17.06% |
PEYAX Putnam Large Cap Value Fund | 0.74% | 20.09% | 18.99% | 15.09% | -8.37% | 26.84% | 5.87% | 29.94% | -8.63% | 18.79% |
Returns By Period
In the year-to-date period, FSMVX achieves a 3.51% return, which is significantly higher than PEYAX's 0.74% return. Over the past 10 years, FSMVX has underperformed PEYAX with an annualized return of 9.97%, while PEYAX has yielded a comparatively higher 12.48% annualized return.
FSMVX
- 1D
- 2.91%
- 1M
- -6.69%
- YTD
- 3.51%
- 6M
- 8.18%
- 1Y
- 22.20%
- 3Y*
- 17.23%
- 5Y*
- 10.60%
- 10Y*
- 9.97%
PEYAX
- 1D
- 2.09%
- 1M
- -4.24%
- YTD
- 0.74%
- 6M
- 6.34%
- 1Y
- 18.34%
- 3Y*
- 17.64%
- 5Y*
- 11.42%
- 10Y*
- 12.48%
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FSMVX vs. PEYAX - Expense Ratio Comparison
FSMVX has a 0.57% expense ratio, which is lower than PEYAX's 0.88% expense ratio.
Return for Risk
FSMVX vs. PEYAX — Risk / Return Rank
FSMVX
PEYAX
FSMVX vs. PEYAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Mid Cap Value Fund (FSMVX) and Putnam Large Cap Value Fund (PEYAX). 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.
| FSMVX | PEYAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.06 | 1.19 | -0.13 |
Sortino ratioReturn per unit of downside risk | 1.60 | 1.68 | -0.08 |
Omega ratioGain probability vs. loss probability | 1.22 | 1.26 | -0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.58 | 1.65 | -0.07 |
Martin ratioReturn relative to average drawdown | 6.40 | 7.32 | -0.91 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FSMVX | PEYAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.06 | 1.19 | -0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.53 | 0.78 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.48 | 0.73 | -0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.37 | +0.08 |
Correlation
The correlation between FSMVX and PEYAX is 0.93, 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
FSMVX vs. PEYAX - Dividend Comparison
FSMVX's dividend yield for the trailing twelve months is around 7.60%, more than PEYAX's 5.05% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSMVX Fidelity Mid Cap Value Fund | 7.60% | 8.28% | 10.41% | 1.17% | 13.12% | 1.30% | 1.99% | 1.87% | 14.79% | 8.92% | 1.34% | 5.15% |
PEYAX Putnam Large Cap Value Fund | 5.05% | 5.36% | 6.80% | 4.93% | 1.21% | 7.09% | 5.97% | 3.79% | 5.67% | 3.31% | 2.27% | 5.86% |
Drawdowns
FSMVX vs. PEYAX - Drawdown Comparison
The maximum FSMVX drawdown since its inception was -62.96%, which is greater than PEYAX's maximum drawdown of -56.92%. Use the drawdown chart below to compare losses from any high point for FSMVX and PEYAX.
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Drawdown Indicators
| FSMVX | PEYAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.96% | -56.92% | -6.04% |
Max Drawdown (1Y)Largest decline over 1 year | -14.74% | -11.77% | -2.97% |
Max Drawdown (5Y)Largest decline over 5 years | -23.70% | -15.31% | -8.39% |
Max Drawdown (10Y)Largest decline over 10 years | -45.11% | -36.06% | -9.05% |
Current DrawdownCurrent decline from peak | -7.70% | -5.29% | -2.41% |
Average DrawdownAverage peak-to-trough decline | -9.00% | -14.10% | +5.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.63% | 2.65% | +0.98% |
Volatility
FSMVX vs. PEYAX - Volatility Comparison
Fidelity Mid Cap Value Fund (FSMVX) has a higher volatility of 6.54% compared to Putnam Large Cap Value Fund (PEYAX) at 4.30%. This indicates that FSMVX's price experiences larger fluctuations and is considered to be riskier than PEYAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FSMVX | PEYAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.54% | 4.30% | +2.24% |
Volatility (6M)Calculated over the trailing 6-month period | 12.10% | 8.20% | +3.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.61% | 15.46% | +6.15% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.14% | 14.71% | +5.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.04% | 17.06% | +3.98% |