FSMVX vs. SMVLX
Compare and contrast key facts about Fidelity Mid Cap Value Fund (FSMVX) and Smead Value Fund (SMVLX).
FSMVX is managed by Fidelity. It was launched on Nov 15, 2001. SMVLX is managed by Smead Funds. It was launched on Jan 2, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSMVX or SMVLX.
Key characteristics
| FSMVX | SMVLX | |
|---|---|---|
| YTD Return | 19.27% | 10.06% |
| 1Y Return | 33.41% | 23.26% |
| 3Y Return (Ann) | 5.58% | 5.33% |
| 5Y Return (Ann) | 10.40% | 11.54% |
| 10Y Return (Ann) | 5.41% | 8.26% |
| Sharpe Ratio | 2.43 | 1.81 |
| Sortino Ratio | 3.46 | 2.60 |
| Omega Ratio | 1.42 | 1.32 |
| Calmar Ratio | 2.86 | 3.73 |
| Martin Ratio | 13.51 | 9.58 |
| Ulcer Index | 2.90% | 2.85% |
| Daily Std Dev | 16.09% | 15.07% |
| Max Drawdown | -62.80% | -55.61% |
| Current Drawdown | -1.84% | -2.91% |
Correlation
The correlation between FSMVX and SMVLX is 0.88, 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
FSMVX vs. SMVLX - Performance Comparison
In the year-to-date period, FSMVX achieves a 19.27% return, which is significantly higher than SMVLX's 10.06% return. Over the past 10 years, FSMVX has underperformed SMVLX with an annualized return of 5.41%, while SMVLX has yielded a comparatively higher 8.26% annualized return. 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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FSMVX vs. SMVLX - Expense Ratio Comparison
FSMVX has a 0.57% expense ratio, which is lower than SMVLX's 1.26% expense ratio.
Risk-Adjusted Performance
FSMVX vs. SMVLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Mid Cap Value Fund (FSMVX) and Smead Value Fund (SMVLX). 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
FSMVX vs. SMVLX - Dividend Comparison
FSMVX's dividend yield for the trailing twelve months is around 0.67%, less than SMVLX's 1.22% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSMVX Fidelity Mid Cap Value Fund | 0.67% | 0.79% | 1.45% | 1.30% | 1.99% | 1.87% | 2.45% | 1.88% | 1.34% | 2.30% | 7.49% | 10.13% |
SMVLX Smead Value Fund | 1.22% | 1.34% | 0.71% | 0.22% | 0.69% | 0.70% | 0.00% | 0.22% | 0.49% | 0.53% | 0.41% | 0.32% |
Drawdowns
FSMVX vs. SMVLX - Drawdown Comparison
The maximum FSMVX drawdown since its inception was -62.80%, which is greater than SMVLX's maximum drawdown of -55.61%. Use the drawdown chart below to compare losses from any high point for FSMVX and SMVLX. For additional features, visit the drawdowns tool.
Volatility
FSMVX vs. SMVLX - Volatility Comparison
Fidelity Mid Cap Value Fund (FSMVX) has a higher volatility of 5.08% compared to Smead Value Fund (SMVLX) at 4.12%. This indicates that FSMVX's price experiences larger fluctuations and is considered to be riskier than SMVLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.