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Fidelity Equity-Income Fund Class K (FEIKX) Sharpe Ratio: 2.15

Mutual Fund · Currency in USD · Last updated Jul 3, 2026

The fund normally invests at least 80% of assets in equity securities. It primarily invests income-producing equity securities, which tends to lead to investments in large cap "value" stocks. The fund invests in domestic and foreign issuers. It potentially invests in other types of equity securities and debt securities, including lower-quality debt securities.

FEIKX's Sharpe Ratio of 2.15 indicates that for each unit of volatility, it generates 2.15 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jul 3, 2026).

Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.

FEIKX Sharpe Ratio Rank

FEIKX Sharpe Ratio Rank: 79.279
Above Average

FEIKX ranks above 79.2% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating above-average returns relative to volatility. Securities are ranked from 0 (worst) to 100 (best).

What moves the rank

  • Strong returns with low total volatility → Higher rank
  • High volatility (both upside and downside) → Lower rank
  • Consistent returns → Higher rank than volatile returns of same magnitude
  • Sharp drawdowns increase volatility → Lower rank

What you can do with this information

  • Above-average risk-adjusted returns with room for improvement
  • Compare against category peers to gauge relative positioning
  • Monitor for movement toward top tier or decline toward median
  • Consider pairing with top-tier holdings to improve portfolio efficiency

FEIKX Sharpe Ratio Market Positioning

The chart shows FEIKX's Sharpe Ratio relative to all mutual funds on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.

  • Red zone (bottom 25%): 1.08 or lower
  • Yellow zone (middle 50%): 1.08 to 1.99
  • Green zone (top 25%): 1.99 or higher
  • Top 1%: 3.94+
  • Median: 1.63 — half of all investments score higher

How it compares to other similar mutual funds

The table compares Fidelity Equity-Income Fund Class K's Sharpe Ratio with other mutual funds in the Large Cap Value Equities category across multiple time periods, showing how FEIKX's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jul 3, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
FGIPXNomura Growth and Income Fund Institutional Class3.16
FGINXDelaware Growth and Income Fund3.14
VALAXAl Frank Fund2.98
IDIVXIntegrity Dividend Harvest Fund2.92
MALVXBlackRock Advantage Large Cap Value Fund2.91
ABVYXAB Value Fund2.89
AVLVXAvantis U.S. Large Cap Value Fund Institutional Class2.88
SABTXSA U.S. Value Fund2.85
NPRTXNeuberger Berman Large Cap Value Fund2.84
BRLVXAmerican Beacon Bridgeway Large Cap Value Fund2.82
FEIKXFidelity Equity-Income Fund Class K2.15

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows FEIKX's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when FEIKX consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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Sharpe Ratio Calculator

How does FEIKX fit in your portfolio?

Add your other holdings to see your portfolio's Sharpe Ratio and find out.

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