FVLKX vs. FZROX
Compare and contrast key facts about Fidelity Value Fund Class K (FVLKX) and Fidelity ZERO Total Market Index Fund (FZROX).
FVLKX is managed by Fidelity. It was launched on May 9, 2008. FZROX is managed by Fidelity.
Performance
FVLKX vs. FZROX - Performance Comparison
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FVLKX vs. FZROX - 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% | -18.42% |
FZROX Fidelity ZERO Total Market Index Fund | -6.77% | 17.23% | 23.94% | 26.20% | -19.21% | 26.00% | 20.51% | 31.15% | -12.72% |
Returns By Period
In the year-to-date period, FVLKX achieves a 0.43% return, which is significantly higher than FZROX's -6.77% 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%
FZROX
- 1D
- -0.45%
- 1M
- -7.71%
- YTD
- -6.77%
- 6M
- -4.49%
- 1Y
- 14.82%
- 3Y*
- 16.81%
- 5Y*
- 10.36%
- 10Y*
- —
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FVLKX vs. FZROX - Expense Ratio Comparison
FVLKX has a 0.71% expense ratio, which is higher than FZROX's 0.00% expense ratio.
Return for Risk
FVLKX vs. FZROX — Risk / Return Rank
FVLKX
FZROX
FVLKX vs. FZROX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Value Fund Class K (FVLKX) and Fidelity ZERO Total Market Index Fund (FZROX). 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 | FZROX | 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 | +0.01 |
Martin ratioReturn relative to average drawdown | 4.37 | 5.11 | -0.75 |
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 | FZROX | 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 | 0.60 | -0.17 |
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 | 0.61 | -0.56 |
Correlation
The correlation between FVLKX and FZROX is 0.83, 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. FZROX - Dividend Comparison
FVLKX's dividend yield for the trailing twelve months is around 9.99%, more than FZROX's 1.10% 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% |
FZROX Fidelity ZERO Total Market Index Fund | 1.10% | 1.02% | 1.16% | 1.36% | 1.57% | 1.25% | 1.27% | 1.51% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FVLKX vs. FZROX - Drawdown Comparison
The maximum FVLKX drawdown since its inception was -90.17%, which is greater than FZROX's maximum drawdown of -34.96%. Use the drawdown chart below to compare losses from any high point for FVLKX and FZROX.
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Drawdown Indicators
| FVLKX | FZROX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.17% | -34.96% | -55.21% |
Max Drawdown (1Y)Largest decline over 1 year | -14.99% | -12.44% | -2.55% |
Max Drawdown (5Y)Largest decline over 5 years | -31.39% | -25.12% | -6.27% |
Max Drawdown (10Y)Largest decline over 10 years | -90.17% | — | — |
Current DrawdownCurrent decline from peak | -9.86% | -8.89% | -0.97% |
Average DrawdownAverage peak-to-trough decline | -9.52% | -5.61% | -3.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.65% | 2.56% | +1.09% |
Volatility
FVLKX vs. FZROX - Volatility Comparison
Fidelity Value Fund Class K (FVLKX) has a higher volatility of 5.35% compared to Fidelity ZERO Total Market Index Fund (FZROX) at 4.41%. This indicates that FVLKX's price experiences larger fluctuations and is considered to be riskier than FZROX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FVLKX | FZROX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.35% | 4.41% | +0.94% |
Volatility (6M)Calculated over the trailing 6-month period | 11.76% | 9.34% | +2.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 21.63% | 18.49% | +3.14% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.01% | 17.40% | +5.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 288.99% | 20.25% | +268.74% |