Correlation
The correlation between CDDYX and FEQIX is 0.90, 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.
CDDYX vs. FEQIX
Compare and contrast key facts about Columbia Dividend Income Fund Institutional 3 Class (CDDYX) and Fidelity Equity-Income Fund (FEQIX).
CDDYX is managed by Columbia. It was launched on Nov 8, 2012. FEQIX is managed by Fidelity. It was launched on May 16, 1966.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CDDYX or FEQIX.
Performance
CDDYX vs. FEQIX - Performance Comparison
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Key characteristics
CDDYX:
0.88
FEQIX:
0.77
CDDYX:
1.22
FEQIX:
1.10
CDDYX:
1.17
FEQIX:
1.16
CDDYX:
0.91
FEQIX:
0.83
CDDYX:
3.52
FEQIX:
3.28
CDDYX:
3.36%
FEQIX:
3.31%
CDDYX:
14.56%
FEQIX:
15.13%
CDDYX:
-32.74%
FEQIX:
-62.24%
CDDYX:
-2.58%
FEQIX:
-1.32%
Returns By Period
In the year-to-date period, CDDYX achieves a 3.40% return, which is significantly lower than FEQIX's 5.02% return. Over the past 10 years, CDDYX has outperformed FEQIX with an annualized return of 11.13%, while FEQIX has yielded a comparatively lower 9.44% annualized return.
CDDYX
3.40%
4.14%
-1.51%
11.14%
9.79%
13.39%
11.13%
FEQIX
5.02%
3.91%
-1.32%
9.95%
9.79%
13.89%
9.44%
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CDDYX vs. FEQIX - Expense Ratio Comparison
CDDYX has a 0.55% expense ratio, which is lower than FEQIX's 0.57% expense ratio.
Risk-Adjusted Performance
CDDYX vs. FEQIX — Risk-Adjusted Performance Rank
CDDYX
FEQIX
CDDYX vs. FEQIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Columbia Dividend Income Fund Institutional 3 Class (CDDYX) and Fidelity Equity-Income Fund (FEQIX). 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.
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Dividends
CDDYX vs. FEQIX - Dividend Comparison
CDDYX's dividend yield for the trailing twelve months is around 5.82%, more than FEQIX's 4.96% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CDDYX Columbia Dividend Income Fund Institutional 3 Class | 5.82% | 5.99% | 4.96% | 3.90% | 2.93% | 1.82% | 2.97% | 7.65% | 4.54% | 4.38% | 8.35% | 8.68% |
FEQIX Fidelity Equity-Income Fund | 4.96% | 5.51% | 4.26% | 4.56% | 9.89% | 3.38% | 7.16% | 9.76% | 6.80% | 4.28% | 12.17% | 7.24% |
Drawdowns
CDDYX vs. FEQIX - Drawdown Comparison
The maximum CDDYX drawdown since its inception was -32.74%, smaller than the maximum FEQIX drawdown of -62.24%. Use the drawdown chart below to compare losses from any high point for CDDYX and FEQIX.
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Volatility
CDDYX vs. FEQIX - Volatility Comparison
Columbia Dividend Income Fund Institutional 3 Class (CDDYX) and Fidelity Equity-Income Fund (FEQIX) have volatilities of 3.83% and 4.01%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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