FANAX vs. ACEIX
Compare and contrast key facts about Fidelity Advisor Energy Fund Class A (FANAX) and Invesco Equity and Income Fund (ACEIX).
FANAX is managed by Fidelity. It was launched on Sep 3, 1996. ACEIX is managed by Invesco. It was launched on Aug 2, 1960.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FANAX or ACEIX.
Performance
FANAX vs. ACEIX - Performance Comparison
Returns By Period
In the year-to-date period, FANAX achieves a 14.03% return, which is significantly lower than ACEIX's 15.74% return. Over the past 10 years, FANAX has underperformed ACEIX with an annualized return of 3.71%, while ACEIX has yielded a comparatively higher 7.18% annualized return.
FANAX
14.03%
5.97%
1.78%
12.76%
15.61%
3.71%
ACEIX
15.74%
3.04%
10.20%
22.34%
9.42%
7.18%
Key characteristics
| FANAX | ACEIX | |
|---|---|---|
| Sharpe Ratio | 0.66 | 2.80 |
| Sortino Ratio | 0.99 | 4.05 |
| Omega Ratio | 1.12 | 1.53 |
| Calmar Ratio | 0.77 | 3.84 |
| Martin Ratio | 1.77 | 17.52 |
| Ulcer Index | 7.04% | 1.30% |
| Daily Std Dev | 18.82% | 8.12% |
| Max Drawdown | -76.21% | -38.81% |
| Current Drawdown | -4.96% | -0.43% |
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FANAX vs. ACEIX - Expense Ratio Comparison
FANAX has a 1.05% expense ratio, which is higher than ACEIX's 0.78% expense ratio.
Correlation
The correlation between FANAX and ACEIX 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.
Risk-Adjusted Performance
FANAX vs. ACEIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Energy Fund Class A (FANAX) and Invesco Equity and Income Fund (ACEIX). 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
FANAX vs. ACEIX - Dividend Comparison
FANAX's dividend yield for the trailing twelve months is around 1.80%, which matches ACEIX's 1.79% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FANAX Fidelity Advisor Energy Fund Class A | 1.80% | 2.06% | 2.08% | 2.14% | 3.28% | 1.59% | 0.81% | 1.39% | 0.00% | 0.74% | 6.21% | 5.45% |
ACEIX Invesco Equity and Income Fund | 1.79% | 2.00% | 1.90% | 1.42% | 1.62% | 1.89% | 2.36% | 2.04% | 1.72% | 2.37% | 2.80% | 1.91% |
Drawdowns
FANAX vs. ACEIX - Drawdown Comparison
The maximum FANAX drawdown since its inception was -76.21%, which is greater than ACEIX's maximum drawdown of -38.81%. Use the drawdown chart below to compare losses from any high point for FANAX and ACEIX. For additional features, visit the drawdowns tool.
Volatility
FANAX vs. ACEIX - Volatility Comparison
Fidelity Advisor Energy Fund Class A (FANAX) has a higher volatility of 5.02% compared to Invesco Equity and Income Fund (ACEIX) at 2.95%. This indicates that FANAX's price experiences larger fluctuations and is considered to be riskier than ACEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.