WVALX vs. FULVX

Last updated Jun 24, 2026

WVALX (Weitz Value Fund) and FULVX (Fidelity U.S. Low Volatility Equity Fund) are both Large Cap Blend Equities funds. A 0.79 correlation means they provide meaningful diversification when combined. WVALX charges 1.04%/yr vs 0.66%/yr for FULVX.

Performance

WVALX vs. FULVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Weitz Value Fund (WVALX) and Fidelity U.S. Low Volatility Equity Fund (FULVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WVALX

• 1D: -1.28%
• 1M: -1.13%
• YTD: -8.15%
• 6M: -8.89%
• 1Y: -5.77%
• 3Y*: 4.93%
• 5Y*: 2.52%
• 10Y*: 9.22%

FULVX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WVALX vs. FULVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
WVALX Weitz Value Fund	-8.15%	-0.21%	12.76%	29.72%	-22.89%	26.86%	18.41%	3.41%
FULVX Fidelity U.S. Low Volatility Equity Fund	-0.01%	5.23%	17.76%	6.38%	-10.43%	17.79%	3.83%	4.30%

Correlation

The correlation between WVALX and FULVX is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.60
Correlation (3Y) Calculated over the trailing 3-year period	0.71
Correlation (5Y) Calculated over the trailing 5-year period	0.77
Correlation (All Time) Calculated using the full available price history since Nov 5, 2019	0.79

The correlation between WVALX and FULVX shifts across timeframes, from 0.60 (1 year) to 0.79 (all time), reflecting how their relationship changes across market environments.

Return for Risk

WVALX vs. FULVX — Risk / Return Rank

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

WVALX

WVALX Risk / Return Rank: 1
WVALX Sharpe Ratio Rank: 1
WVALX Sortino Ratio Rank: 1
WVALX Omega Ratio Rank: 1
WVALX Calmar Ratio Rank: 1
WVALX Martin Ratio Rank: 1

FULVX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

WVALX vs. FULVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Weitz Value Fund (WVALX) and Fidelity U.S. Low Volatility Equity Fund (FULVX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	WVALX	FULVX	Difference
Sharpe ratio: Return per unit of total volatility	-0.35	—	—
Sortino ratio: Return per unit of downside risk	-0.39	—	—
Omega ratio: Gain probability vs. loss probability	0.95	—	—
Calmar ratio: Return relative to maximum drawdown	-0.29	—	—
Martin ratio: Return relative to average drawdown	-0.76	—	—

Drawdowns

Drawdown Indicators

	WVALX	FULVX	Difference
Max Drawdown Largest peak-to-trough decline	-61.96%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-17.45%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-19.92%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-29.36%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-32.57%	—	—
Current Drawdown Current decline from peak	-13.33%	—	—
Average Drawdown Average peak-to-trough decline	-7.74%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	6.64%	—	—

Volatility

Volatility by Period

	WVALX	FULVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.90%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.49%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	14.54%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.27%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.28%	—	—

WVALX vs. FULVX - Expense Ratio Comparison

WVALX has a 1.04% expense ratio, which is higher than FULVX's 0.66% expense ratio.

Dividends

WVALX vs. FULVX - Dividend Comparison

WVALX's dividend yield for the trailing twelve months is around 23.76%, more than FULVX's 8.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FULVX Fidelity U.S. Low Volatility Equity Fund	8.06%	6.82%	5.76%	1.65%	4.98%	5.35%	0.62%	0.28%	0.00%	0.00%	0.00%	0.00%
WVALX Weitz Value Fund	23.76%	21.83%	11.03%	5.38%	14.15%	3.77%	9.12%	4.70%	10.95%	7.16%	0.00%	12.93%

Frequently Asked Questions

Can I hold both WVALX and FULVX in my portfolio?

WVALX and FULVX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.