FVLKX vs. FSPSX
Compare and contrast key facts about Fidelity Value Fund Class K (FVLKX) and Fidelity International Index Fund (FSPSX).
FVLKX is managed by Fidelity. It was launched on May 9, 2008. FSPSX is a passively managed fund by Fidelity that tracks the performance of the MSCI ACWI ex USA IMI Index. It was launched on Nov 5, 1997.
Performance
FVLKX vs. FSPSX - Performance Comparison
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FVLKX vs. FSPSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FVLKX Fidelity Value Fund Class K | 0.43% | 11.37% | 14.64% | 19.65% | -8.91% | 35.38% | 9.41% | 31.92% | -17.56% | 14.09% |
FSPSX Fidelity International Index Fund | -1.94% | 31.98% | 3.70% | 18.31% | -14.23% | 11.45% | 8.16% | 22.03% | -13.55% | 25.37% |
Returns By Period
In the year-to-date period, FVLKX achieves a 0.43% return, which is significantly higher than FSPSX's -1.94% return. Over the past 10 years, FVLKX has outperformed FSPSX with an annualized return of 11.23%, while FSPSX has yielded a comparatively lower 8.65% annualized 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%
FSPSX
- 1D
- 0.42%
- 1M
- -10.86%
- YTD
- -1.94%
- 6M
- 2.58%
- 1Y
- 19.89%
- 3Y*
- 13.50%
- 5Y*
- 7.96%
- 10Y*
- 8.65%
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FVLKX vs. FSPSX - Expense Ratio Comparison
FVLKX has a 0.71% expense ratio, which is higher than FSPSX's 0.04% expense ratio.
Return for Risk
FVLKX vs. FSPSX — Risk / Return Rank
FVLKX
FSPSX
FVLKX vs. FSPSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Value Fund Class K (FVLKX) and Fidelity International Index Fund (FSPSX). 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 | FSPSX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.85 | 1.11 | -0.26 |
Sortino ratioReturn per unit of downside risk | 1.33 | 1.56 | -0.22 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.23 | -0.05 |
Calmar ratioReturn relative to maximum drawdown | 1.06 | 1.54 | -0.48 |
Martin ratioReturn relative to average drawdown | 4.37 | 5.93 | -1.56 |
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 | FSPSX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.85 | 1.11 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.51 | -0.08 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.04 | 0.53 | -0.49 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | 0.46 | -0.41 |
Correlation
The correlation between FVLKX and FSPSX is 0.75, 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. FSPSX - Dividend Comparison
FVLKX's dividend yield for the trailing twelve months is around 9.99%, more than FSPSX's 3.22% 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% |
FSPSX Fidelity International Index Fund | 3.22% | 3.15% | 3.27% | 2.79% | 2.66% | 3.07% | 1.84% | 3.18% | 2.79% | 2.50% | 3.08% | 2.79% |
Drawdowns
FVLKX vs. FSPSX - Drawdown Comparison
The maximum FVLKX drawdown since its inception was -90.17%, which is greater than FSPSX's maximum drawdown of -33.69%. Use the drawdown chart below to compare losses from any high point for FVLKX and FSPSX.
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Drawdown Indicators
| FVLKX | FSPSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.17% | -33.69% | -56.48% |
Max Drawdown (1Y)Largest decline over 1 year | -14.99% | -11.39% | -3.60% |
Max Drawdown (5Y)Largest decline over 5 years | -31.39% | -29.41% | -1.98% |
Max Drawdown (10Y)Largest decline over 10 years | -90.17% | -33.69% | -56.48% |
Current DrawdownCurrent decline from peak | -9.86% | -10.86% | +1.00% |
Average DrawdownAverage peak-to-trough decline | -9.52% | -6.59% | -2.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.65% | 2.96% | +0.69% |
Volatility
FVLKX vs. FSPSX - Volatility Comparison
The current volatility for Fidelity Value Fund Class K (FVLKX) is 5.35%, while Fidelity International Index Fund (FSPSX) has a volatility of 7.04%. This indicates that FVLKX experiences smaller price fluctuations and is considered to be less risky than FSPSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FVLKX | FSPSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.35% | 7.04% | -1.69% |
Volatility (6M)Calculated over the trailing 6-month period | 11.76% | 10.63% | +1.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.63% | 16.79% | +4.84% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.01% | 15.77% | +7.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 288.99% | 16.47% | +272.52% |