FVLKX vs. FXAIX
Compare and contrast key facts about Fidelity Value Fund Class K (FVLKX) and Fidelity 500 Index Fund (FXAIX).
FVLKX is managed by Fidelity. It was launched on May 9, 2008. FXAIX is a passively managed fund by Fidelity that tracks the performance of the S&P 500 Index. It was launched on Feb 17, 1988.
Performance
FVLKX vs. FXAIX - Performance Comparison
Loading graphics...
FVLKX vs. FXAIX - 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% |
FXAIX Fidelity 500 Index Fund | -7.05% | 17.84% | 25.01% | 26.29% | -18.14% | 28.71% | 18.42% | 31.48% | -4.43% | 21.82% |
Returns By Period
In the year-to-date period, FVLKX achieves a 0.43% return, which is significantly higher than FXAIX's -7.05% return. Over the past 10 years, FVLKX has underperformed FXAIX with an annualized return of 11.23%, while FXAIX has yielded a comparatively higher 13.75% 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%
FXAIX
- 1D
- -0.39%
- 1M
- -7.68%
- YTD
- -7.05%
- 6M
- -4.59%
- 1Y
- 14.42%
- 3Y*
- 17.17%
- 5Y*
- 11.40%
- 10Y*
- 13.75%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FVLKX vs. FXAIX - Expense Ratio Comparison
FVLKX has a 0.71% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Return for Risk
FVLKX vs. FXAIX — Risk / Return Rank
FVLKX
FXAIX
FVLKX vs. FXAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Value Fund Class K (FVLKX) and Fidelity 500 Index Fund (FXAIX). 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 | FXAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.85 | 0.84 | +0.01 |
Sortino ratioReturn per unit of downside risk | 1.33 | 1.30 | +0.04 |
Omega ratioGain probability vs. loss probability | 1.18 | 1.20 | -0.02 |
Calmar ratioReturn relative to maximum drawdown | 1.06 | 1.05 | 0.00 |
Martin ratioReturn relative to average drawdown | 4.37 | 5.13 | -0.76 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FVLKX | FXAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.85 | 0.84 | +0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.43 | 0.68 | -0.25 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.04 | 0.77 | -0.73 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | 0.75 | -0.71 |
Correlation
The correlation between FVLKX and FXAIX is 0.85, 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. FXAIX - Dividend Comparison
FVLKX's dividend yield for the trailing twelve months is around 9.99%, more than FXAIX's 1.20% 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% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
Drawdowns
FVLKX vs. FXAIX - Drawdown Comparison
The maximum FVLKX drawdown since its inception was -90.17%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FVLKX and FXAIX.
Loading graphics...
Drawdown Indicators
| FVLKX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.17% | -33.79% | -56.38% |
Max Drawdown (1Y)Largest decline over 1 year | -14.99% | -12.13% | -2.86% |
Max Drawdown (5Y)Largest decline over 5 years | -31.39% | -24.50% | -6.89% |
Max Drawdown (10Y)Largest decline over 10 years | -90.17% | -33.79% | -56.38% |
Current DrawdownCurrent decline from peak | -9.86% | -8.89% | -0.97% |
Average DrawdownAverage peak-to-trough decline | -9.52% | -3.83% | -5.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.65% | 2.50% | +1.15% |
Volatility
FVLKX vs. FXAIX - Volatility Comparison
Fidelity Value Fund Class K (FVLKX) has a higher volatility of 5.35% compared to Fidelity 500 Index Fund (FXAIX) at 4.24%. This indicates that FVLKX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FVLKX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.35% | 4.24% | +1.11% |
Volatility (6M)Calculated over the trailing 6-month period | 11.76% | 9.08% | +2.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.63% | 18.13% | +3.50% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.01% | 16.88% | +6.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 288.99% | 18.03% | +270.96% |