MVALX vs. FZFLX
Compare and contrast key facts about Meridian Contrarian Fund (MVALX) and Fidelity SAI Small-Mid Cap 500 Index Fund (FZFLX).
MVALX is managed by Meridian. It was launched on Feb 10, 1994. FZFLX is managed by Fidelity. It was launched on Aug 12, 2015.
Performance
MVALX vs. FZFLX - Performance Comparison
Loading graphics...
MVALX vs. FZFLX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MVALX Meridian Contrarian Fund | 1.10% | 17.43% | 9.73% | 12.40% | -16.67% | 26.66% | 23.75% | 23.66% | -7.85% | 24.88% |
FZFLX Fidelity SAI Small-Mid Cap 500 Index Fund | 7.81% | 10.76% | 15.52% | 17.75% | -15.62% | 20.40% | 19.78% | 31.96% | -9.25% | 18.41% |
Returns By Period
In the year-to-date period, MVALX achieves a 1.10% return, which is significantly lower than FZFLX's 7.81% return. Both investments have delivered pretty close results over the past 10 years, with MVALX having a 12.18% annualized return and FZFLX not far behind at 12.08%.
MVALX
- 1D
- 3.46%
- 1M
- -8.28%
- YTD
- 1.10%
- 6M
- 3.22%
- 1Y
- 28.51%
- 3Y*
- 11.52%
- 5Y*
- 5.96%
- 10Y*
- 12.18%
FZFLX
- 1D
- 5.00%
- 1M
- -6.21%
- YTD
- 7.81%
- 6M
- 9.60%
- 1Y
- 26.35%
- 3Y*
- 16.05%
- 5Y*
- 8.15%
- 10Y*
- 12.08%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
MVALX vs. FZFLX - Expense Ratio Comparison
MVALX has a 1.12% expense ratio, which is higher than FZFLX's 0.05% expense ratio.
Return for Risk
MVALX vs. FZFLX — Risk / Return Rank
MVALX
FZFLX
MVALX vs. FZFLX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Meridian Contrarian Fund (MVALX) and Fidelity SAI Small-Mid Cap 500 Index Fund (FZFLX). 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.
| MVALX | FZFLX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.19 | 1.13 | +0.06 |
Sortino ratioReturn per unit of downside risk | 1.78 | 1.66 | +0.12 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.23 | 0.00 |
Calmar ratioReturn relative to maximum drawdown | 1.50 | 1.73 | -0.23 |
Martin ratioReturn relative to average drawdown | 5.93 | 7.43 | -1.51 |
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
| MVALX | FZFLX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.19 | 1.13 | +0.06 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.29 | 0.40 | -0.10 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.58 | 0.58 | 0.00 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.58 | 0.54 | +0.05 |
Correlation
The correlation between MVALX and FZFLX is 0.92, 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
MVALX vs. FZFLX - Dividend Comparison
MVALX's dividend yield for the trailing twelve months is around 12.67%, less than FZFLX's 53.58% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MVALX Meridian Contrarian Fund | 12.67% | 12.81% | 4.26% | 5.45% | 11.45% | 14.16% | 4.93% | 7.94% | 25.52% | 10.53% | 0.52% | 16.76% |
FZFLX Fidelity SAI Small-Mid Cap 500 Index Fund | 53.58% | 57.77% | 10.20% | 2.35% | 79.79% | 50.77% | 7.19% | 6.49% | 7.69% | 1.68% | 0.93% | 0.67% |
Drawdowns
MVALX vs. FZFLX - Drawdown Comparison
The maximum MVALX drawdown since its inception was -50.65%, which is greater than FZFLX's maximum drawdown of -42.03%. Use the drawdown chart below to compare losses from any high point for MVALX and FZFLX.
Loading graphics...
Drawdown Indicators
| MVALX | FZFLX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.65% | -42.03% | -8.62% |
Max Drawdown (1Y)Largest decline over 1 year | -14.19% | -14.54% | +0.35% |
Max Drawdown (5Y)Largest decline over 5 years | -24.80% | -24.77% | -0.03% |
Max Drawdown (10Y)Largest decline over 10 years | -42.06% | -42.03% | -0.03% |
Current DrawdownCurrent decline from peak | -8.46% | -6.21% | -2.25% |
Average DrawdownAverage peak-to-trough decline | -7.15% | -5.81% | -1.34% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.14% | 3.38% | +0.76% |
Volatility
MVALX vs. FZFLX - Volatility Comparison
The current volatility for Meridian Contrarian Fund (MVALX) is 7.47%, while Fidelity SAI Small-Mid Cap 500 Index Fund (FZFLX) has a volatility of 11.32%. This indicates that MVALX experiences smaller price fluctuations and is considered to be less risky than FZFLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| MVALX | FZFLX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.47% | 11.32% | -3.85% |
Volatility (6M)Calculated over the trailing 6-month period | 14.41% | 16.31% | -1.90% |
Volatility (1Y)Calculated over the trailing 1-year period | 25.13% | 24.32% | +0.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.58% | 20.78% | -0.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.33% | 20.91% | +0.42% |