PVCMX vs. FISVX

Last updated Apr 1, 2026

Compare and contrast key facts about Palm Valley Capital Fund Investor Class (PVCMX) and Fidelity Small Cap Value Index Fund (FISVX).

PVCMX is managed by Palm Valley. It was launched on Apr 30, 2019. FISVX is managed by Fidelity. It was launched on Jul 11, 2019.

Performance

PVCMX vs. FISVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Palm Valley Capital Fund Investor Class (PVCMX) and Fidelity Small Cap Value Index Fund (FISVX). The values are adjusted to include any dividend payments, if applicable.

PVCMX vs. FISVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
PVCMX Palm Valley Capital Fund Investor Class	0.58%	4.45%	4.24%	9.47%	3.17%	3.72%	19.13%	0.81%
FISVX Fidelity Small Cap Value Index Fund	2.23%	12.70%	8.16%	14.72%	-14.42%	28.26%	4.49%	9.54%

Returns By Period

In the year-to-date period, PVCMX achieves a 0.58% return, which is significantly lower than FISVX's 2.23% return.

PVCMX

• 1D: 0.25%
• 1M: -1.05%
• YTD: 0.58%
• 6M: 1.23%
• 1Y: 4.45%
• 3Y*: 5.18%
• 5Y*: 4.37%
• 10Y*: —

FISVX

• 1D: -0.89%
• 1M: -6.12%
• YTD: 2.23%
• 6M: 5.57%
• 1Y: 24.88%
• 3Y*: 12.88%
• 5Y*: 5.32%
• 10Y*: —

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

PVCMX vs. FISVX - Expense Ratio Comparison

PVCMX has a 1.30% expense ratio, which is higher than FISVX's 0.05% expense ratio.

PVCMX

Palm Valley Capital Fund Investor Class

FISVX

Fidelity Small Cap Value Index Fund

Return for Risk

PVCMX vs. FISVX — Risk / Return Rank

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

PVCMX

PVCMX Risk / Return Rank: 49
PVCMX Sharpe Ratio Rank: 47
PVCMX Sortino Ratio Rank: 53
PVCMX Omega Ratio Rank: 36
PVCMX Calmar Ratio Rank: 67
PVCMX Martin Ratio Rank: 40

FISVX

FISVX Risk / Return Rank: 66
FISVX Sharpe Ratio Rank: 65
FISVX Sortino Ratio Rank: 68
FISVX Omega Ratio Rank: 58
FISVX Calmar Ratio Rank: 71
FISVX Martin Ratio Rank: 68

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.

PVCMX vs. FISVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Palm Valley Capital Fund Investor Class (PVCMX) and Fidelity Small Cap Value Index Fund (FISVX). 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.

	PVCMX	FISVX	Difference
Sharpe ratio Return per unit of total volatility	0.92	1.13	-0.20
Sortino ratio Return per unit of downside risk	1.44	1.66	-0.22
Omega ratio Gain probability vs. loss probability	1.17	1.22	-0.05
Calmar ratio Return relative to maximum drawdown	1.52	1.61	-0.08
Martin ratio Return relative to average drawdown	4.20	6.40	-2.20
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PVCMX vs. FISVX - Sharpe Ratio Comparison

The current PVCMX Sharpe Ratio is 0.92, which is comparable to the FISVX Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of PVCMX and FISVX, 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

	PVCMX	FISVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.92	1.13	-0.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.84	0.25	+0.60
Sharpe Ratio (All Time) Calculated using the full available price history	1.04	0.34	+0.70

Correlation

The correlation between PVCMX and FISVX is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

PVCMX vs. FISVX - Dividend Comparison

PVCMX's dividend yield for the trailing twelve months is around 4.77%, more than FISVX's 2.13% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
PVCMX Palm Valley Capital Fund Investor Class	4.77%	4.80%	6.95%	4.84%	2.30%	1.98%	2.70%	0.71%
FISVX Fidelity Small Cap Value Index Fund	2.13%	2.18%	1.70%	2.06%	3.69%	9.55%	1.33%	0.62%

Drawdowns

PVCMX vs. FISVX - Drawdown Comparison

The maximum PVCMX drawdown since its inception was -7.44%, smaller than the maximum FISVX drawdown of -44.66%. Use the drawdown chart below to compare losses from any high point for PVCMX and FISVX.

Drawdown Indicators

	PVCMX	FISVX	Difference
Max Drawdown Largest peak-to-trough decline	-7.44%	-44.66%	+37.22%
Max Drawdown (1Y) Largest decline over 1 year	-2.81%	-13.82%	+11.01%
Max Drawdown (5Y) Largest decline over 5 years	-7.44%	-26.50%	+19.06%
Current Drawdown Current decline from peak	-1.85%	-7.80%	+5.95%
Average Drawdown Average peak-to-trough decline	-1.29%	-10.58%	+9.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.02%	3.47%	-2.45%

Volatility

PVCMX vs. FISVX - Volatility Comparison

The current volatility for Palm Valley Capital Fund Investor Class (PVCMX) is 0.95%, while Fidelity Small Cap Value Index Fund (FISVX) has a volatility of 5.72%. This indicates that PVCMX experiences smaller price fluctuations and is considered to be less risky than FISVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PVCMX	FISVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.95%	5.72%	-4.77%
Volatility (6M) Calculated over the trailing 6-month period	2.94%	12.87%	-9.93%
Volatility (1Y) Calculated over the trailing 1-year period	4.75%	21.97%	-17.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.20%	21.79%	-16.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.37%	26.95%	-20.58%