Correlation
The correlation between FVDFX and OAKMX is 0.90, 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.
FVDFX vs. OAKMX
Compare and contrast key facts about Fidelity Value Discovery Fund (FVDFX) and Oakmark Fund Investor Class (OAKMX).
FVDFX is managed by Fidelity. It was launched on Dec 10, 2002. OAKMX is managed by Oakmark. It was launched on Aug 5, 1991.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FVDFX or OAKMX.
Performance
FVDFX vs. OAKMX - Performance Comparison
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Key characteristics
FVDFX:
0.59
OAKMX:
0.63
FVDFX:
0.86
OAKMX:
0.91
FVDFX:
1.12
OAKMX:
1.13
FVDFX:
0.58
OAKMX:
0.64
FVDFX:
1.79
OAKMX:
2.35
FVDFX:
4.36%
OAKMX:
4.62%
FVDFX:
14.43%
OAKMX:
19.04%
FVDFX:
-60.85%
OAKMX:
-56.19%
FVDFX:
-4.09%
OAKMX:
-4.95%
Returns By Period
In the year-to-date period, FVDFX achieves a 2.82% return, which is significantly higher than OAKMX's 1.05% return. Over the past 10 years, FVDFX has underperformed OAKMX with an annualized return of 7.68%, while OAKMX has yielded a comparatively higher 11.65% annualized return.
FVDFX
2.82%
1.81%
-4.09%
6.33%
5.14%
12.23%
7.68%
OAKMX
1.05%
2.58%
-4.51%
10.24%
13.29%
19.01%
11.65%
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FVDFX vs. OAKMX - Expense Ratio Comparison
FVDFX has a 0.80% expense ratio, which is lower than OAKMX's 0.91% expense ratio.
Risk-Adjusted Performance
FVDFX vs. OAKMX — Risk-Adjusted Performance Rank
FVDFX
OAKMX
FVDFX vs. OAKMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Value Discovery Fund (FVDFX) and Oakmark Fund Investor Class (OAKMX). 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.
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Dividends
FVDFX vs. OAKMX - Dividend Comparison
FVDFX's dividend yield for the trailing twelve months is around 5.20%, more than OAKMX's 1.10% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FVDFX Fidelity Value Discovery Fund | 5.20% | 5.34% | 5.23% | 4.71% | 4.76% | 1.31% | 2.96% | 4.61% | 1.91% | 1.16% | 3.40% | 1.36% |
OAKMX Oakmark Fund Investor Class | 1.10% | 1.12% | 1.02% | 0.92% | 1.94% | 0.17% | 8.33% | 8.13% | 4.06% | 2.58% | 1.43% | 6.86% |
Drawdowns
FVDFX vs. OAKMX - Drawdown Comparison
The maximum FVDFX drawdown since its inception was -60.85%, which is greater than OAKMX's maximum drawdown of -56.19%. Use the drawdown chart below to compare losses from any high point for FVDFX and OAKMX.
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Volatility
FVDFX vs. OAKMX - Volatility Comparison
The current volatility for Fidelity Value Discovery Fund (FVDFX) is 3.87%, while Oakmark Fund Investor Class (OAKMX) has a volatility of 5.30%. This indicates that FVDFX experiences smaller price fluctuations and is considered to be less risky than OAKMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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