FVLAX vs. SVAIX

Last updated Jun 6, 2026

FVLAX (Fidelity Advisor Value Leaders Fund Class A) and SVAIX (Federated Hermes Strategic Value Dividend Fund) are both Large Cap Value Equities funds. A 0.78 correlation means they provide meaningful diversification when combined. FVLAX charges 1.15%/yr vs 0.81%/yr for SVAIX.

Performance

FVLAX vs. SVAIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Value Leaders Fund Class A (FVLAX) and Federated Hermes Strategic Value Dividend Fund (SVAIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FVLAX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SVAIX

• 1D: 1.32%
• 1M: 0.70%
• YTD: 9.55%
• 6M: 9.79%
• 1Y: 20.66%
• 3Y*: 15.83%
• 5Y*: 10.44%
• 10Y*: 8.20%

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

FVLAX vs. SVAIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FVLAX Fidelity Advisor Value Leaders Fund Class A	0.00%	4.80%	4.34%	6.82%	1.10%	24.51%	-5.57%	21.30%	-9.26%	14.42%
SVAIX Federated Hermes Strategic Value Dividend Fund	9.55%	15.26%	16.47%	-1.81%	8.47%	21.52%	-7.88%	19.59%	-8.23%	15.10%

Correlation

The correlation between FVLAX and SVAIX is 0.27, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.27
Correlation (3Y) Calculated over the trailing 3-year period	0.59
Correlation (5Y) Calculated over the trailing 5-year period	0.73
Correlation (10Y) Calculated over the trailing 10-year period	0.71
Correlation (All Time) Calculated using the full available price history since Mar 29, 2005	0.78

Over the past year, the correlation between FVLAX and SVAIX has dropped to 0.27 - well below their long-term average of 0.78, suggesting their price drivers have been diverging.

Return for Risk

FVLAX vs. SVAIX — Risk / Return Rank

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

SVAIX

SVAIX Risk / Return Rank: 79
SVAIX Sharpe Ratio Rank: 78
SVAIX Sortino Ratio Rank: 78
SVAIX Omega Ratio Rank: 61
SVAIX Calmar Ratio Rank: 95
SVAIX Martin Ratio Rank: 85

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.

FVLAX vs. SVAIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Value Leaders Fund Class A (FVLAX) and Federated Hermes Strategic Value Dividend Fund (SVAIX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	FVLAX	SVAIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.51	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.80	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.54	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.52	—

Drawdowns

Drawdown Indicators

	FVLAX	SVAIX	Difference
Max Drawdown Largest peak-to-trough decline	—	-50.62%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-4.66%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-12.64%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-16.13%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-36.53%	—
Current Drawdown Current decline from peak	—	-2.54%	—
Average Drawdown Average peak-to-trough decline	—	-7.71%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.60%	—

Volatility

Volatility by Period

	FVLAX	SVAIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.44%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.45%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	10.45%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	13.64%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	15.44%	—

FVLAX vs. SVAIX - Expense Ratio Comparison

FVLAX has a 1.15% expense ratio, which is higher than SVAIX's 0.81% expense ratio.

Dividends

FVLAX vs. SVAIX - Dividend Comparison

FVLAX's dividend yield for the trailing twelve months is around 2.48%, less than SVAIX's 6.01% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FVLAX Fidelity Advisor Value Leaders Fund Class A	2.48%	2.48%	11.39%	5.28%	1.87%	7.54%	0.61%	1.48%	8.96%	0.64%	0.45%	0.11%
SVAIX Federated Hermes Strategic Value Dividend Fund	6.01%	6.41%	7.58%	4.32%	9.68%	3.72%	4.28%	8.75%	8.54%	10.36%	5.24%	8.67%

Frequently Asked Questions

Can I hold both FVLAX and SVAIX in my portfolio?

FVLAX and SVAIX have a correlation of 0.27, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.