FVLKX vs. FNILX
Compare and contrast key facts about Fidelity Value Fund Class K (FVLKX) and Fidelity ZERO Large Cap Index Fund (FNILX).
FVLKX is managed by Fidelity. It was launched on May 9, 2008. FNILX is managed by Fidelity.
Performance
FVLKX vs. FNILX - Performance Comparison
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FVLKX vs. FNILX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
FVLKX Fidelity Value Fund Class K | 0.43% | 11.37% | 14.64% | 19.65% | -8.91% | 35.38% | 9.41% | 31.92% | -19.28% |
FNILX Fidelity ZERO Large Cap Index Fund | -7.30% | 17.81% | 25.47% | 27.45% | -19.37% | 26.67% | 21.13% | 31.79% | -13.60% |
Returns By Period
In the year-to-date period, FVLKX achieves a 0.43% return, which is significantly higher than FNILX's -7.30% return.
FVLKX
- 1D
- -0.64%
- 1M
- -8.68%
- YTD
- 0.43%
- 6M
- 5.37%
- 1Y
- 18.18%
- 3Y*
- 14.82%
- 5Y*
- 9.79%
- 10Y*
- 11.23%
FNILX
- 1D
- -0.35%
- 1M
- -7.60%
- YTD
- -7.30%
- 6M
- -5.00%
- 1Y
- 14.41%
- 3Y*
- 17.43%
- 5Y*
- 11.17%
- 10Y*
- —
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FVLKX vs. FNILX - Expense Ratio Comparison
FVLKX has a 0.71% expense ratio, which is higher than FNILX's 0.00% expense ratio.
Return for Risk
FVLKX vs. FNILX — Risk / Return Rank
FVLKX
FNILX
FVLKX vs. FNILX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Value Fund Class K (FVLKX) and Fidelity ZERO Large Cap Index Fund (FNILX). 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.
| FVLKX | FNILX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.85 | 0.83 | +0.02 |
Sortino ratioReturn per unit of downside risk | 1.33 | 1.28 | +0.05 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.20 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.06 | 1.04 | +0.01 |
Martin ratioReturn relative to average drawdown | 4.37 | 5.01 | -0.65 |
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
| FVLKX | FNILX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.85 | 0.83 | +0.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.65 | -0.22 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.04 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | 0.64 | -0.59 |
Correlation
The correlation between FVLKX and FNILX is 0.79, 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
FVLKX vs. FNILX - Dividend Comparison
FVLKX's dividend yield for the trailing twelve months is around 9.99%, more than FNILX's 1.09% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FVLKX Fidelity Value Fund Class K | 9.99% | 10.03% | 20.95% | 3.80% | 7.16% | 9.87% | 1.06% | 3.43% | 16.38% | 3.37% | 1.36% | 11.10% |
FNILX Fidelity ZERO Large Cap Index Fund | 1.09% | 1.01% | 1.09% | 1.34% | 1.53% | 0.95% | 1.20% | 1.17% | 0.53% | 0.00% | 0.00% | 0.00% |
Drawdowns
FVLKX vs. FNILX - Drawdown Comparison
The maximum FVLKX drawdown since its inception was -90.17%, which is greater than FNILX's maximum drawdown of -33.76%. Use the drawdown chart below to compare losses from any high point for FVLKX and FNILX.
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Drawdown Indicators
| FVLKX | FNILX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.17% | -33.76% | -56.41% |
Max Drawdown (1Y)Largest decline over 1 year | -14.99% | -12.18% | -2.81% |
Max Drawdown (5Y)Largest decline over 5 years | -31.39% | -25.40% | -5.99% |
Max Drawdown (10Y)Largest decline over 10 years | -90.17% | — | — |
Current DrawdownCurrent decline from peak | -9.86% | -9.01% | -0.85% |
Average DrawdownAverage peak-to-trough decline | -9.52% | -5.47% | -4.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.65% | 2.54% | +1.11% |
Volatility
FVLKX vs. FNILX - Volatility Comparison
Fidelity Value Fund Class K (FVLKX) has a higher volatility of 5.35% compared to Fidelity ZERO Large Cap Index Fund (FNILX) at 4.23%. This indicates that FVLKX's price experiences larger fluctuations and is considered to be riskier than FNILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FVLKX | FNILX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.35% | 4.23% | +1.12% |
Volatility (6M)Calculated over the trailing 6-month period | 11.76% | 9.14% | +2.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.63% | 18.26% | +3.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.01% | 17.22% | +5.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 288.99% | 20.17% | +268.82% |