NFJEX vs. FLCOX

Last updated Apr 2, 2026

Compare and contrast key facts about Virtus NFJ Dividend Value Fund (NFJEX) and Fidelity Large Cap Value Index Fund (FLCOX).

NFJEX is managed by Allianz. It was launched on May 8, 2000. FLCOX is a passively managed fund by Fidelity that tracks the performance of the Russell 1000 Value Index. It was launched on Jun 7, 2016.

Performance

NFJEX vs. FLCOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Virtus NFJ Dividend Value Fund (NFJEX) and Fidelity Large Cap Value Index Fund (FLCOX). The values are adjusted to include any dividend payments, if applicable.

NFJEX vs. FLCOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NFJEX Virtus NFJ Dividend Value Fund	3.76%	8.46%	5.29%	19.79%	-13.63%	28.90%	-2.13%	25.12%	-10.15%	14.60%
FLCOX Fidelity Large Cap Value Index Fund	2.08%	15.90%	14.38%	11.48%	-7.57%	25.09%	2.87%	26.54%	-8.38%	10.90%

Returns By Period

In the year-to-date period, NFJEX achieves a 3.76% return, which is significantly higher than FLCOX's 2.08% return.

NFJEX

• 1D: 2.65%
• 1M: -2.51%
• YTD: 3.76%
• 6M: 5.54%
• 1Y: 13.36%
• 3Y*: 11.34%
• 5Y*: 7.74%
• 10Y*: 8.51%

FLCOX

• 1D: 2.13%
• 1M: -4.69%
• YTD: 2.08%
• 6M: 5.86%
• 1Y: 15.94%
• 3Y*: 14.30%
• 5Y*: 9.21%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

NFJEX vs. FLCOX - Expense Ratio Comparison

NFJEX has a 0.70% expense ratio, which is higher than FLCOX's 0.04% expense ratio.

NFJEX

Virtus NFJ Dividend Value Fund

FLCOX

Fidelity Large Cap Value Index Fund

Return for Risk

NFJEX vs. FLCOX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NFJEX

NFJEX Risk / Return Rank: 29
NFJEX Sharpe Ratio Rank: 27
NFJEX Sortino Ratio Rank: 27
NFJEX Omega Ratio Rank: 26
NFJEX Calmar Ratio Rank: 33
NFJEX Martin Ratio Rank: 34

FLCOX

FLCOX Risk / Return Rank: 57
FLCOX Sharpe Ratio Rank: 51
FLCOX Sortino Ratio Rank: 52
FLCOX Omega Ratio Rank: 54
FLCOX Calmar Ratio Rank: 60
FLCOX Martin Ratio Rank: 70

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NFJEX vs. FLCOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Virtus NFJ Dividend Value Fund (NFJEX) and Fidelity Large Cap Value Index Fund (FLCOX). 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.

	NFJEX	FLCOX	Difference
Sharpe ratio Return per unit of total volatility	0.75	1.02	-0.27
Sortino ratio Return per unit of downside risk	1.13	1.48	-0.34
Omega ratio Gain probability vs. loss probability	1.16	1.22	-0.06
Calmar ratio Return relative to maximum drawdown	1.07	1.44	-0.37
Martin ratio Return relative to average drawdown	4.13	6.76	-2.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NFJEX vs. FLCOX - Sharpe Ratio Comparison

The current NFJEX Sharpe Ratio is 0.75, which is comparable to the FLCOX Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of NFJEX and FLCOX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NFJEX	FLCOX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.75	1.02	-0.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.47	0.62	-0.15
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.47	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.54	-0.13

Correlation

The correlation between NFJEX and FLCOX is 0.94, 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

NFJEX vs. FLCOX - Dividend Comparison

NFJEX's dividend yield for the trailing twelve months is around 12.05%, more than FLCOX's 1.48% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NFJEX Virtus NFJ Dividend Value Fund	12.05%	12.61%	3.51%	14.16%	19.01%	6.43%	1.96%	14.20%	27.33%	27.35%	6.05%	2.77%
FLCOX Fidelity Large Cap Value Index Fund	1.48%	1.51%	1.92%	1.99%	2.01%	1.55%	2.28%	3.82%	2.79%	0.60%	0.00%	0.00%

Drawdowns

NFJEX vs. FLCOX - Drawdown Comparison

The maximum NFJEX drawdown since its inception was -61.94%, which is greater than FLCOX's maximum drawdown of -38.28%. Use the drawdown chart below to compare losses from any high point for NFJEX and FLCOX.

Drawdown Indicators

	NFJEX	FLCOX	Difference
Max Drawdown Largest peak-to-trough decline	-61.94%	-38.28%	-23.66%
Max Drawdown (1Y) Largest decline over 1 year	-13.12%	-11.81%	-1.31%
Max Drawdown (5Y) Largest decline over 5 years	-23.29%	-19.00%	-4.29%
Max Drawdown (10Y) Largest decline over 10 years	-39.25%	—	—
Current Drawdown Current decline from peak	-4.64%	-4.82%	+0.18%
Average Drawdown Average peak-to-trough decline	-9.67%	-4.52%	-5.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.39%	2.51%	+0.88%

Volatility

NFJEX vs. FLCOX - Volatility Comparison

Virtus NFJ Dividend Value Fund (NFJEX) has a higher volatility of 4.60% compared to Fidelity Large Cap Value Index Fund (FLCOX) at 4.38%. This indicates that NFJEX's price experiences larger fluctuations and is considered to be riskier than FLCOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NFJEX	FLCOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.60%	4.38%	+0.22%
Volatility (6M) Calculated over the trailing 6-month period	9.95%	8.29%	+1.66%
Volatility (1Y) Calculated over the trailing 1-year period	17.23%	15.73%	+1.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.42%	14.83%	+1.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.12%	17.73%	+0.39%