FCEUX vs. FNSTX

Last updated Apr 1, 2026

Compare and contrast key facts about Franklin U.S. Core Equity (IU) Fund Advisor (FCEUX) and Fidelity Infrastructure Fund (FNSTX).

FCEUX is managed by Franklin Templeton. It was launched on Aug 1, 2019. FNSTX is managed by Fidelity. It was launched on Nov 5, 2019.

Performance

FCEUX vs. FNSTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin U.S. Core Equity (IU) Fund Advisor (FCEUX) and Fidelity Infrastructure Fund (FNSTX). The values are adjusted to include any dividend payments, if applicable.

FCEUX vs. FNSTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FCEUX Franklin U.S. Core Equity (IU) Fund Advisor	-7.05%	18.76%	31.47%	22.29%	-14.71%	31.00%	19.13%	5.38%
FNSTX Fidelity Infrastructure Fund	3.34%	27.42%	14.43%	8.44%	-7.59%	7.58%	12.80%	5.49%

Returns By Period

In the year-to-date period, FCEUX achieves a -7.05% return, which is significantly lower than FNSTX's 3.34% return.

FCEUX

• 1D: -0.22%
• 1M: -7.56%
• YTD: -7.05%
• 6M: -3.58%
• 1Y: 15.83%
• 3Y*: 18.48%
• 5Y*: 13.13%
• 10Y*: —

FNSTX

• 1D: -0.91%
• 1M: -6.77%
• YTD: 3.34%
• 6M: 5.71%
• 1Y: 24.93%
• 3Y*: 15.89%
• 5Y*: 10.09%
• 10Y*: —

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

FCEUX vs. FNSTX - Expense Ratio Comparison

FCEUX has a 0.00% expense ratio, which is lower than FNSTX's 1.00% expense ratio.

FNSTX

Fidelity Infrastructure Fund

FCEUX

Franklin U.S. Core Equity (IU) Fund Advisor

Return for Risk

FCEUX vs. FNSTX — Risk / Return Rank

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

FCEUX

FCEUX Risk / Return Rank: 53
FCEUX Sharpe Ratio Rank: 48
FCEUX Sortino Ratio Rank: 54
FCEUX Omega Ratio Rank: 53
FCEUX Calmar Ratio Rank: 48
FCEUX Martin Ratio Rank: 62

FNSTX

FNSTX Risk / Return Rank: 86
FNSTX Sharpe Ratio Rank: 85
FNSTX Sortino Ratio Rank: 82
FNSTX Omega Ratio Rank: 79
FNSTX Calmar Ratio Rank: 94
FNSTX Martin Ratio Rank: 91

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.

FCEUX vs. FNSTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin U.S. Core Equity (IU) Fund Advisor (FCEUX) and Fidelity Infrastructure Fund (FNSTX). 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.

	FCEUX	FNSTX	Difference
Sharpe ratio Return per unit of total volatility	0.94	1.61	-0.67
Sortino ratio Return per unit of downside risk	1.46	2.09	-0.63
Omega ratio Gain probability vs. loss probability	1.21	1.30	-0.09
Calmar ratio Return relative to maximum drawdown	1.19	3.08	-1.89
Martin ratio Return relative to average drawdown	5.93	10.64	-4.71
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FCEUX vs. FNSTX - Sharpe Ratio Comparison

The current FCEUX Sharpe Ratio is 0.94, which is lower than the FNSTX Sharpe Ratio of 1.61. The chart below compares the historical Sharpe Ratios of FCEUX and FNSTX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FCEUX	FNSTX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.94	1.61	-0.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	0.68	+0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.77	0.58	+0.19

Correlation

The correlation between FCEUX and FNSTX is 0.69, 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.

Dividends

FCEUX vs. FNSTX - Dividend Comparison

FCEUX's dividend yield for the trailing twelve months is around 3.92%, less than FNSTX's 4.03% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019
FCEUX Franklin U.S. Core Equity (IU) Fund Advisor	3.92%	3.64%	8.90%	1.45%	8.08%	8.52%	2.20%	0.39%
FNSTX Fidelity Infrastructure Fund	4.03%	4.16%	1.59%	1.85%	1.35%	0.63%	0.80%	0.36%

Drawdowns

FCEUX vs. FNSTX - Drawdown Comparison

The maximum FCEUX drawdown since its inception was -33.57%, smaller than the maximum FNSTX drawdown of -35.82%. Use the drawdown chart below to compare losses from any high point for FCEUX and FNSTX.

Drawdown Indicators

	FCEUX	FNSTX	Difference
Max Drawdown Largest peak-to-trough decline	-33.57%	-35.82%	+2.25%
Max Drawdown (1Y) Largest decline over 1 year	-11.97%	-8.43%	-3.54%
Max Drawdown (5Y) Largest decline over 5 years	-23.03%	-21.97%	-1.06%
Current Drawdown Current decline from peak	-8.48%	-7.47%	-1.01%
Average Drawdown Average peak-to-trough decline	-4.89%	-5.25%	+0.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.41%	2.44%	-0.03%

Volatility

FCEUX vs. FNSTX - Volatility Comparison

The current volatility for Franklin U.S. Core Equity (IU) Fund Advisor (FCEUX) is 4.30%, while Fidelity Infrastructure Fund (FNSTX) has a volatility of 6.52%. This indicates that FCEUX experiences smaller price fluctuations and is considered to be less risky than FNSTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FCEUX	FNSTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.30%	6.52%	-2.22%
Volatility (6M) Calculated over the trailing 6-month period	9.33%	12.38%	-3.05%
Volatility (1Y) Calculated over the trailing 1-year period	17.62%	16.05%	+1.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.43%	14.92%	+1.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.92%	18.79%	+1.13%