FEIKX vs. PSECX

Last updated Jun 6, 2026

FEIKX (Fidelity Equity-Income Fund Class K) and PSECX (1789 Growth and Income Fund) are both Large Cap Value Equities funds. Over the past 10 years, FEIKX returned 11.94%/yr vs 7.11%/yr for PSECX. Their correlation of 0.88 suggests significant overlap in exposure. FEIKX charges 0.49%/yr vs 2.02%/yr for PSECX.

Performance

FEIKX vs. PSECX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Equity-Income Fund Class K (FEIKX) and 1789 Growth and Income Fund (PSECX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FEIKX achieves a 9.34% return, which is significantly higher than PSECX's 2.33% return. Over the past 10 years, FEIKX has outperformed PSECX with an annualized return of 11.94%, while PSECX has yielded a comparatively lower 7.11% annualized return.

FEIKX

• 1D: 1.00%
• 1M: 1.44%
• YTD: 9.34%
• 6M: 10.74%
• 1Y: 22.42%
• 3Y*: 18.25%
• 5Y*: 10.79%
• 10Y*: 11.94%

PSECX

• 1D: -0.77%
• 1M: -2.08%
• YTD: 2.33%
• 6M: 1.23%
• 1Y: 7.63%
• 3Y*: 11.75%
• 5Y*: 6.76%
• 10Y*: 7.11%

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

FEIKX vs. PSECX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FEIKX Fidelity Equity-Income Fund Class K	9.34%	19.05%	15.42%	10.72%	-5.02%	24.61%	6.86%	28.02%	-8.38%	12.88%
PSECX 1789 Growth and Income Fund	2.33%	8.04%	14.49%	10.64%	-10.66%	25.43%	0.78%	23.99%	-5.18%	5.16%

Correlation

The correlation between FEIKX and PSECX is 0.82, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.82
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.87
Correlation (10Y) Calculated over the trailing 10-year period	0.87
Correlation (All Time) Calculated using the full available price history since Aug 29, 2013	0.88

The correlation between FEIKX and PSECX has been stable across timeframes, ranging from 0.82 to 0.88 - a consistent structural relationship.

Return for Risk

FEIKX vs. PSECX — Risk / Return Rank

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

FEIKX

FEIKX Risk / Return Rank: 77
FEIKX Sharpe Ratio Rank: 75
FEIKX Sortino Ratio Rank: 76
FEIKX Omega Ratio Rank: 69
FEIKX Calmar Ratio Rank: 82
FEIKX Martin Ratio Rank: 82

PSECX

PSECX Risk / Return Rank: 11
PSECX Sharpe Ratio Rank: 10
PSECX Sortino Ratio Rank: 10
PSECX Omega Ratio Rank: 9
PSECX Calmar Ratio Rank: 12
PSECX Martin Ratio Rank: 14

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.

FEIKX vs. PSECX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Equity-Income Fund Class K (FEIKX) and 1789 Growth and Income Fund (PSECX). 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.

	FEIKX	PSECX	Difference
Sharpe ratio: Return per unit of total volatility	2.46	0.77	+1.69
Sortino ratio: Return per unit of downside risk	3.54	1.17	+2.37
Omega ratio: Gain probability vs. loss probability	1.45	1.13	+0.31
Calmar ratio: Return relative to maximum drawdown	3.65	1.03	+2.62
Martin ratio: Return relative to average drawdown	14.70	3.79	+10.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FEIKX vs. PSECX - Sharpe Ratio Comparison

The current FEIKX Sharpe Ratio is 2.46, which is higher than the PSECX Sharpe Ratio of 0.77. The chart below compares the historical Sharpe Ratios of FEIKX and PSECX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FEIKX	PSECX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.46	0.77	+1.69
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.81	0.57	+0.24
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.77	0.54	+0.23
Sharpe Ratio (All Time) Calculated using the full available price history	0.43	0.55	-0.12

Drawdowns

FEIKX vs. PSECX - Drawdown Comparison

The maximum FEIKX drawdown since its inception was -57.64%, which is greater than PSECX's maximum drawdown of -31.13%. Use the drawdown chart below to compare losses from any high point for FEIKX and PSECX.

Drawdown Indicators

	FEIKX	PSECX	Difference
Max Drawdown Largest peak-to-trough decline	-57.64%	-31.13%	-26.51%
Max Drawdown (1Y) Largest decline over 1 year	-6.47%	-7.44%	+0.97%
Max Drawdown (3Y) Largest decline over 3 years	-13.14%	-12.51%	-0.63%
Max Drawdown (5Y) Largest decline over 5 years	-17.14%	-18.47%	+1.33%
Max Drawdown (10Y) Largest decline over 10 years	-33.11%	-31.13%	-1.98%
Current Drawdown Current decline from peak	0.00%	-3.34%	+3.34%
Average Drawdown Average peak-to-trough decline	-7.48%	-3.88%	-3.60%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.60%	2.02%	-0.42%

Volatility

FEIKX vs. PSECX - Volatility Comparison

Fidelity Equity-Income Fund Class K (FEIKX) and 1789 Growth and Income Fund (PSECX) have volatilities of 2.53% and 2.65%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FEIKX	PSECX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.53%	2.65%	-0.12%
Volatility (6M) Calculated over the trailing 6-month period	7.27%	7.66%	-0.39%
Volatility (1Y) Calculated over the trailing 1-year period	9.61%	9.92%	-0.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.47%	11.95%	+1.52%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.49%	13.19%	+2.30%

FEIKX vs. PSECX - Expense Ratio Comparison

FEIKX has a 0.49% expense ratio, which is lower than PSECX's 2.02% expense ratio.

Dividends

FEIKX vs. PSECX - Dividend Comparison

FEIKX's dividend yield for the trailing twelve months is around 4.67%, more than PSECX's 0.99% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FEIKX Fidelity Equity-Income Fund Class K	4.67%	4.74%	5.60%	4.35%	4.65%	9.99%	3.46%	7.26%	9.87%	6.37%	4.40%	12.30%
PSECX 1789 Growth and Income Fund	0.99%	0.85%	3.88%	2.71%	4.60%	1.53%	0.27%	1.16%	6.78%	0.59%	0.31%	5.12%

Frequently Asked Questions

Can I hold both FEIKX and PSECX in my portfolio?

FEIKX and PSECX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FEIKX or PSECX?

PSECX has higher volatility (2.65%) compared to FEIKX (2.53%). In terms of maximum drawdown, FEIKX dropped -57.64% vs PSECX's -31.13%.

Which has better risk-adjusted returns?

FEIKX currently has the higher Sharpe Ratio (2.46 vs 0.77), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.