EQPIX vs. SWLVX

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Advisor Equity Income Fund Class I (EQPIX) and Schwab U.S. Large-Cap Value Index Fund (SWLVX).

EQPIX is managed by Fidelity. It was launched on Apr 25, 1983. SWLVX is managed by Charles Schwab. It was launched on Dec 20, 2017.

Performance

EQPIX vs. SWLVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Equity Income Fund Class I (EQPIX) and Schwab U.S. Large-Cap Value Index Fund (SWLVX). The values are adjusted to include any dividend payments, if applicable.

EQPIX vs. SWLVX - 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%	-0.46%
SWLVX Schwab U.S. Large-Cap Value Index Fund	2.09%	15.87%	14.36%	11.45%	-7.61%	25.15%	2.64%	26.49%	-8.39%	0.30%

Returns By Period

EQPIX

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

SWLVX

• 1D: 2.15%
• 1M: -4.65%
• YTD: 2.09%
• 6M: 5.83%
• 1Y: 15.94%
• 3Y*: 14.29%
• 5Y*: 9.20%
• 10Y*: —

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

EQPIX vs. SWLVX - Expense Ratio Comparison

EQPIX has a 0.65% expense ratio, which is higher than SWLVX's 0.04% expense ratio.

EQPIX

Fidelity Advisor Equity Income Fund Class I

SWLVX

Schwab U.S. Large-Cap Value Index Fund

Return for Risk

EQPIX vs. SWLVX — Risk / Return Rank

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

SWLVX

SWLVX Risk / Return Rank: 57
SWLVX Sharpe Ratio Rank: 51
SWLVX Sortino Ratio Rank: 51
SWLVX Omega Ratio Rank: 53
SWLVX Calmar Ratio Rank: 59
SWLVX Martin Ratio Rank: 70

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. SWLVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Equity Income Fund Class I (EQPIX) and Schwab U.S. Large-Cap Value Index Fund (SWLVX). 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	SWLVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.01	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.62	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.50	—

Correlation

The correlation between EQPIX and SWLVX is 0.92, 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. SWLVX - Dividend Comparison

EQPIX's dividend yield for the trailing twelve months is around 4.49%, more than SWLVX's 1.98% 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%
SWLVX Schwab U.S. Large-Cap Value Index Fund	1.98%	2.02%	2.75%	2.56%	2.29%	4.86%	2.00%	4.35%	1.87%	0.00%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	EQPIX	SWLVX	Difference
Max Drawdown Largest peak-to-trough decline	—	-38.34%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-11.82%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.05%	—
Current Drawdown Current decline from peak	—	-4.82%	—
Average Drawdown Average peak-to-trough decline	—	-4.93%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.51%	—

Volatility

Volatility by Period

	EQPIX	SWLVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.47%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.30%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	15.74%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	14.85%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	18.67%	—