ACEIX vs. FANAX
Compare and contrast key facts about Invesco Equity and Income Fund (ACEIX) and Fidelity Advisor Energy Fund Class A (FANAX).
ACEIX is managed by Invesco. It was launched on Aug 2, 1960. FANAX is managed by Fidelity. It was launched on Sep 3, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ACEIX or FANAX.
Key characteristics
| ACEIX | FANAX | |
|---|---|---|
| YTD Return | 9.52% | 2.04% |
| 1Y Return | 15.63% | -8.24% |
| 3Y Return (Ann) | 5.07% | 25.13% |
| 5Y Return (Ann) | 8.64% | 12.42% |
| 10Y Return (Ann) | 6.68% | 1.55% |
| Sharpe Ratio | 1.95 | -0.36 |
| Daily Std Dev | 8.44% | 19.47% |
| Max Drawdown | -38.81% | -76.14% |
| Current Drawdown | -0.91% | -14.96% |
Correlation
The correlation between ACEIX and FANAX is 0.67, 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.
Performance
ACEIX vs. FANAX - Performance Comparison
In the year-to-date period, ACEIX achieves a 9.52% return, which is significantly higher than FANAX's 2.04% return. Over the past 10 years, ACEIX has outperformed FANAX with an annualized return of 6.68%, while FANAX has yielded a comparatively lower 1.55% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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ACEIX vs. FANAX - Expense Ratio Comparison
ACEIX has a 0.78% expense ratio, which is lower than FANAX's 1.05% expense ratio.
Risk-Adjusted Performance
ACEIX vs. FANAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Equity and Income Fund (ACEIX) and Fidelity Advisor Energy Fund Class A (FANAX). 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.
Dividends
ACEIX vs. FANAX - Dividend Comparison
ACEIX's dividend yield for the trailing twelve months is around 6.38%, more than FANAX's 2.02% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ACEIX Invesco Equity and Income Fund | 6.38% | 6.91% | 6.65% | 13.74% | 2.94% | 6.27% | 8.91% | 6.73% | 4.50% | 2.36% | 11.94% | 7.41% |
FANAX Fidelity Advisor Energy Fund Class A | 2.02% | 2.06% | 2.08% | 2.14% | 3.28% | 1.59% | 0.90% | 1.40% | 0.21% | 0.74% | 6.21% | 5.45% |
Drawdowns
ACEIX vs. FANAX - Drawdown Comparison
The maximum ACEIX drawdown since its inception was -38.81%, smaller than the maximum FANAX drawdown of -76.14%. Use the drawdown chart below to compare losses from any high point for ACEIX and FANAX. For additional features, visit the drawdowns tool.
Volatility
ACEIX vs. FANAX - Volatility Comparison
The current volatility for Invesco Equity and Income Fund (ACEIX) is 2.28%, while Fidelity Advisor Energy Fund Class A (FANAX) has a volatility of 6.14%. This indicates that ACEIX experiences smaller price fluctuations and is considered to be less risky than FANAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.