FEIKX vs. SPY
Compare and contrast key facts about Fidelity Equity-Income Fund Class K (FEIKX) and SPDR S&P 500 ETF (SPY).
FEIKX is managed by Fidelity. It was launched on May 9, 2008. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEIKX or SPY.
Correlation
The correlation between FEIKX and SPY 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.
Performance
FEIKX vs. SPY - Performance Comparison
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Key characteristics
FEIKX:
0.41
SPY:
0.68
FEIKX:
0.70
SPY:
1.13
FEIKX:
1.10
SPY:
1.17
FEIKX:
0.40
SPY:
0.76
FEIKX:
1.30
SPY:
2.93
FEIKX:
4.98%
SPY:
4.87%
FEIKX:
15.18%
SPY:
20.29%
FEIKX:
-57.63%
SPY:
-55.19%
FEIKX:
-5.43%
SPY:
-3.85%
Returns By Period
In the year-to-date period, FEIKX achieves a 4.13% return, which is significantly higher than SPY's 0.56% return. Over the past 10 years, FEIKX has underperformed SPY with an annualized return of 4.81%, while SPY has yielded a comparatively higher 12.67% annualized return.
FEIKX
4.13%
6.59%
-3.35%
6.25%
11.03%
4.81%
SPY
0.56%
8.99%
-0.98%
13.71%
17.23%
12.67%
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FEIKX vs. SPY - Expense Ratio Comparison
FEIKX has a 0.49% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FEIKX vs. SPY — Risk-Adjusted Performance Rank
FEIKX
SPY
FEIKX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Equity-Income Fund Class K (FEIKX) and SPDR S&P 500 ETF (SPY). 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.
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Dividends
FEIKX vs. SPY - Dividend Comparison
FEIKX's dividend yield for the trailing twelve months is around 1.75%, more than SPY's 1.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEIKX Fidelity Equity-Income Fund Class K | 1.75% | 1.82% | 1.86% | 2.02% | 1.64% | 1.59% | 1.91% | 2.84% | 2.12% | 2.48% | 7.49% | 8.29% |
SPY SPDR S&P 500 ETF | 1.22% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FEIKX vs. SPY - Drawdown Comparison
The maximum FEIKX drawdown since its inception was -57.63%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FEIKX and SPY. For additional features, visit the drawdowns tool.
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Volatility
FEIKX vs. SPY - Volatility Comparison
The current volatility for Fidelity Equity-Income Fund Class K (FEIKX) is 4.42%, while SPDR S&P 500 ETF (SPY) has a volatility of 6.24%. This indicates that FEIKX experiences smaller price fluctuations and is considered to be less risky than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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