FBRNX vs. EQPIX

Last updated Jun 23, 2026

FBRNX (Fidelity Advisor Stock Selector All Cap Fund Class I) and EQPIX (Fidelity Advisor Equity Income Fund Class I) are both mutual funds - FBRNX is a Large Cap Growth Equities fund managed by Fidelity, while EQPIX is a Large Cap Value Equities fund managed by Fidelity. A 0.80 correlation means they provide meaningful diversification when combined. FBRNX charges 0.62%/yr vs 0.65%/yr for EQPIX.

Performance

FBRNX vs. EQPIX - Performance Comparison

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

Returns By Period

FBRNX

• 1D: 1.43%
• 1M: 1.83%
• YTD: 15.51%
• 6M: 15.30%
• 1Y: 35.75%
• 3Y*: 21.74%
• 5Y*: 13.09%
• 10Y*: 15.42%

EQPIX

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

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

FBRNX vs. EQPIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FBRNX Fidelity Advisor Stock Selector All Cap Fund Class I	15.51%	18.84%	19.74%	26.90%	-19.59%	22.96%	24.89%	32.20%	-8.66%	24.44%
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%

Correlation

The correlation between FBRNX and EQPIX is 0.80, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.51
Correlation (5Y) Calculated over the trailing 5-year period	0.69
Correlation (10Y) Calculated over the trailing 10-year period	0.75
Correlation (All Time) Calculated using the full available price history since Jan 2, 2013	0.80

The correlation between FBRNX and EQPIX shifts across timeframes, from 0.51 (3 years) to 0.80 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FBRNX vs. EQPIX — Risk / Return Rank

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

FBRNX

FBRNX Risk / Return Rank: 85
FBRNX Sharpe Ratio Rank: 87
FBRNX Sortino Ratio Rank: 79
FBRNX Omega Ratio Rank: 79
FBRNX Calmar Ratio Rank: 86
FBRNX Martin Ratio Rank: 93

EQPIX

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

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.

FBRNX vs. EQPIX - Risk-Adjusted Trends Comparison

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

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FBRNX	EQPIX	Difference
Sharpe ratio: Return per unit of total volatility	2.60	—	—
Sortino ratio: Return per unit of downside risk	3.45	—	—
Omega ratio: Gain probability vs. loss probability	1.47	—	—
Calmar ratio: Return relative to maximum drawdown	3.89	—	—
Martin ratio: Return relative to average drawdown	18.29	—	—

Drawdowns

Drawdown Indicators

	FBRNX	EQPIX	Difference
Max Drawdown Largest peak-to-trough decline	-34.37%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-9.21%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-20.87%	—	—
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	-0.25%	—	—
Average Drawdown Average peak-to-trough decline	-4.42%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.95%	—	—

Volatility

Volatility by Period

	FBRNX	EQPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.46%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.07%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	13.75%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.88%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.62%	—	—

FBRNX vs. EQPIX - Expense Ratio Comparison

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

Dividends

FBRNX vs. EQPIX - Dividend Comparison

FBRNX's dividend yield for the trailing twelve months is around 3.98%, while EQPIX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EQPIX Fidelity Advisor Equity Income Fund Class I	0.00%	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	3.98%	4.60%	4.66%	1.94%	0.35%	0.00%	5.15%	5.28%	4.39%	3.07%	0.99%	5.06%

Frequently Asked Questions

Can I hold both FBRNX and EQPIX in my portfolio?

FBRNX and EQPIX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.