EQPIX vs. FBRNX

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Advisor Equity Income Fund Class I (EQPIX) and Fidelity Advisor Stock Selector All Cap Fund Class I (FBRNX).

EQPIX is managed by Fidelity. It was launched on Apr 25, 1983. FBRNX is managed by Fidelity. It was launched on Oct 23, 2012.

Performance

EQPIX vs. FBRNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Equity Income Fund Class I (EQPIX) and Fidelity Advisor Stock Selector All Cap Fund Class I (FBRNX). The values are adjusted to include any dividend payments, if applicable.

EQPIX vs. FBRNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EQPIX Fidelity Advisor Equity Income Fund Class I	0.00%	2.86%	6.37%	11.43%	-1.10%	22.41%	1.47%	27.53%	-9.69%	11.64%
FBRNX Fidelity Advisor Stock Selector All Cap Fund Class I	-2.81%	18.84%	19.74%	26.90%	-19.59%	22.96%	24.89%	32.20%	-8.66%	24.44%

Returns By Period

EQPIX

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

FBRNX

• 1D: 3.26%
• 1M: -5.27%
• YTD: -2.81%
• 6M: 0.86%
• 1Y: 22.60%
• 3Y*: 17.49%
• 5Y*: 10.02%
• 10Y*: 13.63%

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

EQPIX vs. FBRNX - Expense Ratio Comparison

EQPIX has a 0.65% expense ratio, which is higher than FBRNX's 0.62% expense ratio.

EQPIX

Fidelity Advisor Equity Income Fund Class I

FBRNX

Fidelity Advisor Stock Selector All Cap Fund Class I

Return for Risk

EQPIX vs. FBRNX — Risk / Return Rank

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

FBRNX

FBRNX Risk / Return Rank: 72
FBRNX Sharpe Ratio Rank: 64
FBRNX Sortino Ratio Rank: 67
FBRNX Omega Ratio Rank: 69
FBRNX Calmar Ratio Rank: 75
FBRNX Martin Ratio Rank: 84

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.

EQPIX vs. FBRNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Equity Income Fund Class I (EQPIX) and Fidelity Advisor Stock Selector All Cap Fund Class I (FBRNX). 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.

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

Sharpe Ratios by Period

	EQPIX	FBRNX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.23	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.57	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.74	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.76	—

Correlation

The correlation between EQPIX and FBRNX is 0.81, 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.

Dividends

EQPIX vs. FBRNX - Dividend Comparison

EQPIX's dividend yield for the trailing twelve months is around 4.49%, less than FBRNX's 4.73% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EQPIX Fidelity Advisor Equity Income Fund Class I	4.49%	4.49%	1.48%	4.77%	5.81%	10.67%	2.31%	7.87%	16.21%	9.88%	3.18%	10.56%
FBRNX Fidelity Advisor Stock Selector All Cap Fund Class I	4.73%	4.60%	4.66%	1.94%	0.35%	0.00%	5.15%	5.28%	4.39%	3.07%	0.99%	5.06%

Drawdowns

Drawdown Indicators

	EQPIX	FBRNX	Difference
Max Drawdown Largest peak-to-trough decline	—	-34.37%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-12.31%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-25.29%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-34.37%	—
Current Drawdown Current decline from peak	—	-6.25%	—
Average Drawdown Average peak-to-trough decline	—	-4.48%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.57%	—

Volatility

Volatility by Period

	EQPIX	FBRNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.13%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.39%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	18.96%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	17.73%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	18.53%	—