HOVLX vs. FDVV
Compare and contrast key facts about Homestead Funds Value Fund (HOVLX) and Fidelity High Dividend ETF (FDVV).
HOVLX is managed by Homestead. It was launched on Nov 19, 1990. FDVV is a passively managed fund by Fidelity that tracks the performance of the Fidelity Core Dividend Index. It was launched on Sep 12, 2016.
Performance
HOVLX vs. FDVV - Performance Comparison
Loading graphics...
HOVLX vs. FDVV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
HOVLX Homestead Funds Value Fund | 1.29% | 14.60% | 14.29% | 12.03% | -5.67% | 25.09% | 7.74% | 27.72% | -6.52% | 22.22% |
FDVV Fidelity High Dividend ETF | -1.50% | 17.08% | 21.81% | 18.00% | -4.21% | 29.24% | 2.80% | 24.07% | -1.26% | 14.00% |
Returns By Period
In the year-to-date period, HOVLX achieves a 1.29% return, which is significantly higher than FDVV's -1.50% return.
HOVLX
- 1D
- 2.55%
- 1M
- -5.90%
- YTD
- 1.29%
- 6M
- 3.86%
- 1Y
- 14.62%
- 3Y*
- 14.58%
- 5Y*
- 9.54%
- 10Y*
- 11.84%
FDVV
- 1D
- 0.29%
- 1M
- -4.85%
- YTD
- -1.50%
- 6M
- 0.38%
- 1Y
- 15.18%
- 3Y*
- 17.01%
- 5Y*
- 12.74%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
HOVLX vs. FDVV - Expense Ratio Comparison
HOVLX has a 0.63% expense ratio, which is higher than FDVV's 0.29% expense ratio.
Return for Risk
HOVLX vs. FDVV — Risk / Return Rank
HOVLX
FDVV
HOVLX vs. FDVV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Homestead Funds Value Fund (HOVLX) and Fidelity High Dividend ETF (FDVV). 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.
| HOVLX | FDVV | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.90 | 1.00 | -0.10 |
Sortino ratioReturn per unit of downside risk | 1.33 | 1.44 | -0.12 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.23 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 1.30 | 1.23 | +0.07 |
Martin ratioReturn relative to average drawdown | 5.58 | 5.34 | +0.24 |
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
| HOVLX | FDVV | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.90 | 1.00 | -0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.63 | 0.87 | -0.23 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.66 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 0.74 | -0.14 |
Correlation
The correlation between HOVLX and FDVV is 0.89, 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
HOVLX vs. FDVV - Dividend Comparison
HOVLX's dividend yield for the trailing twelve months is around 10.48%, more than FDVV's 2.99% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HOVLX Homestead Funds Value Fund | 10.48% | 10.62% | 9.71% | 5.75% | 10.54% | 8.65% | 16.55% | 15.30% | 11.01% | 5.34% | 10.00% | 7.22% |
FDVV Fidelity High Dividend ETF | 2.99% | 2.89% | 2.94% | 3.77% | 3.44% | 2.70% | 3.19% | 3.93% | 4.05% | 3.66% | 1.04% | 0.00% |
Drawdowns
HOVLX vs. FDVV - Drawdown Comparison
The maximum HOVLX drawdown since its inception was -57.90%, which is greater than FDVV's maximum drawdown of -40.25%. Use the drawdown chart below to compare losses from any high point for HOVLX and FDVV.
Loading graphics...
Drawdown Indicators
| HOVLX | FDVV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -57.90% | -40.25% | -17.65% |
Max Drawdown (1Y)Largest decline over 1 year | -12.15% | -12.34% | +0.19% |
Max Drawdown (5Y)Largest decline over 5 years | -19.32% | -20.18% | +0.86% |
Max Drawdown (10Y)Largest decline over 10 years | -38.08% | — | — |
Current DrawdownCurrent decline from peak | -5.90% | -6.78% | +0.88% |
Average DrawdownAverage peak-to-trough decline | -6.84% | -3.85% | -2.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.83% | 2.84% | -0.01% |
Volatility
HOVLX vs. FDVV - Volatility Comparison
Homestead Funds Value Fund (HOVLX) has a higher volatility of 4.79% compared to Fidelity High Dividend ETF (FDVV) at 4.47%. This indicates that HOVLX's price experiences larger fluctuations and is considered to be riskier than FDVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| HOVLX | FDVV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.79% | 4.47% | +0.32% |
Volatility (6M)Calculated over the trailing 6-month period | 8.65% | 7.68% | +0.97% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.49% | 15.32% | +1.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.11% | 14.74% | +0.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.90% | 17.08% | +0.82% |