FEIAX vs. FLCOX

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Advisor Equity Income Fund Class A (FEIAX) and Fidelity Large Cap Value Index Fund (FLCOX).

FEIAX is managed by Fidelity. It was launched on Sep 3, 1996. FLCOX is a passively managed fund by Fidelity that tracks the performance of the Russell 1000 Value Index. It was launched on Jun 7, 2016.

Performance

FEIAX vs. FLCOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Equity Income Fund Class A (FEIAX) and Fidelity Large Cap Value Index Fund (FLCOX). The values are adjusted to include any dividend payments, if applicable.

FEIAX vs. FLCOX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FEIAX Fidelity Advisor Equity Income Fund Class A	0.00%	2.75%	5.69%	11.19%	-1.35%	22.11%	1.23%	27.19%	-9.89%	10.47%
FLCOX Fidelity Large Cap Value Index Fund	2.08%	15.90%	14.38%	11.48%	-7.57%	25.09%	2.87%	26.54%	-8.38%	10.90%

Returns By Period

FEIAX

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

FLCOX

• 1D: 2.13%
• 1M: -4.69%
• YTD: 2.08%
• 6M: 5.86%
• 1Y: 15.94%
• 3Y*: 14.30%
• 5Y*: 9.21%
• 10Y*: —

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

FEIAX vs. FLCOX - Expense Ratio Comparison

FEIAX has a 0.90% expense ratio, which is higher than FLCOX's 0.04% expense ratio.

FEIAX

Fidelity Advisor Equity Income Fund Class A

FLCOX

Fidelity Large Cap Value Index Fund

Return for Risk

FEIAX vs. FLCOX — Risk / Return Rank

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

FLCOX

FLCOX Risk / Return Rank: 57
FLCOX Sharpe Ratio Rank: 51
FLCOX Sortino Ratio Rank: 52
FLCOX Omega Ratio Rank: 54
FLCOX Calmar Ratio Rank: 60
FLCOX 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.

FEIAX vs. FLCOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Equity Income Fund Class A (FEIAX) and Fidelity Large Cap Value Index Fund (FLCOX). 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

	FEIAX	FLCOX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.02	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.62	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.54	—

Correlation

The correlation between FEIAX and FLCOX 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

FEIAX vs. FLCOX - Dividend Comparison

FEIAX's dividend yield for the trailing twelve months is around 4.77%, more than FLCOX's 1.48% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FEIAX Fidelity Advisor Equity Income Fund Class A	4.77%	4.77%	1.43%	4.90%	5.96%	11.12%	2.23%	8.09%	16.73%	10.16%	3.13%	10.67%
FLCOX Fidelity Large Cap Value Index Fund	1.48%	1.51%	1.92%	1.99%	2.01%	1.55%	2.28%	3.82%	2.79%	0.60%	0.00%	0.00%

Drawdowns

Drawdown Indicators

	FEIAX	FLCOX	Difference
Max Drawdown Largest peak-to-trough decline	—	-38.28%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-11.81%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-19.00%	—
Current Drawdown Current decline from peak	—	-4.82%	—
Average Drawdown Average peak-to-trough decline	—	-4.52%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.51%	—

Volatility

Volatility by Period

	FEIAX	FLCOX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.38%	—
Volatility (6M) Calculated over the trailing 6-month period	—	8.29%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	15.73%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	14.83%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	17.73%	—