FVAL vs. LVDS

Last updated Apr 1, 2026

Compare and contrast key facts about Fidelity Value Factor ETF (FVAL) and JPMorgan Fundamental Data Science Large Value ETF (LVDS).

FVAL and LVDS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FVAL is a passively managed fund by Fidelity that tracks the performance of the Fidelity U.S. Value Factor Index. It was launched on Sep 12, 2016. LVDS is an actively managed fund by JPMorgan. It was launched on Jul 14, 2025.

Performance

FVAL vs. LVDS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Value Factor ETF (FVAL) and JPMorgan Fundamental Data Science Large Value ETF (LVDS). The values are adjusted to include any dividend payments, if applicable.

FVAL vs. LVDS - Yearly Performance Comparison

	2026 (YTD)	2025
FVAL Fidelity Value Factor ETF	-3.56%	13.06%
LVDS JPMorgan Fundamental Data Science Large Value ETF	1.98%	7.24%

Returns By Period

In the year-to-date period, FVAL achieves a -3.56% return, which is significantly lower than LVDS's 1.98% return.

FVAL

• 1D: 2.86%
• 1M: -4.78%
• YTD: -3.56%
• 6M: 1.74%
• 1Y: 18.50%
• 3Y*: 16.89%
• 5Y*: 10.83%
• 10Y*: —

LVDS

• 1D: 1.91%
• 1M: -4.50%
• YTD: 1.98%
• 6M: 5.70%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FVAL vs. LVDS - Expense Ratio Comparison

FVAL has a 0.15% expense ratio, which is lower than LVDS's 0.30% expense ratio.

LVDS

JPMorgan Fundamental Data Science Large Value ETF

FVAL

Fidelity Value Factor ETF

Return for Risk

FVAL vs. LVDS — Risk / Return Rank

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

FVAL

FVAL Risk / Return Rank: 66
FVAL Sharpe Ratio Rank: 60
FVAL Sortino Ratio Rank: 65
FVAL Omega Ratio Rank: 67
FVAL Calmar Ratio Rank: 66
FVAL Martin Ratio Rank: 73

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.

FVAL vs. LVDS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Value Factor ETF (FVAL) and JPMorgan Fundamental Data Science Large Value ETF (LVDS). 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.

	FVAL	LVDS	Difference
Sharpe ratio Return per unit of total volatility	1.02	—	—
Sortino ratio Return per unit of downside risk	1.58	—	—
Omega ratio Gain probability vs. loss probability	1.24	—	—
Calmar ratio Return relative to maximum drawdown	1.60	—	—
Martin ratio Return relative to average drawdown	7.26	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FVAL	LVDS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.02	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.66	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	1.30	-0.57

Correlation

The correlation between FVAL and LVDS is 0.84, 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

FVAL vs. LVDS - Dividend Comparison

FVAL's dividend yield for the trailing twelve months is around 1.71%, less than LVDS's 8.42% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
FVAL Fidelity Value Factor ETF	1.71%	1.61%	1.60%	1.69%	1.79%	1.41%	1.61%	1.77%	2.06%	1.62%	0.45%
LVDS JPMorgan Fundamental Data Science Large Value ETF	8.42%	8.25%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

FVAL vs. LVDS - Drawdown Comparison

The maximum FVAL drawdown since its inception was -37.26%, which is greater than LVDS's maximum drawdown of -6.64%. Use the drawdown chart below to compare losses from any high point for FVAL and LVDS.

Drawdown Indicators

	FVAL	LVDS	Difference
Max Drawdown Largest peak-to-trough decline	-37.26%	-6.64%	-30.62%
Max Drawdown (1Y) Largest decline over 1 year	-12.00%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-23.42%	—	—
Current Drawdown Current decline from peak	-6.32%	-4.86%	-1.46%
Average Drawdown Average peak-to-trough decline	-4.65%	-1.04%	-3.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.65%	—	—

Volatility

Volatility by Period

	FVAL	LVDS	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.12%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.25%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.14%	10.29%	+7.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.50%	10.29%	+6.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.21%	10.29%	+7.92%