Correlation
The correlation between FEIRX and VIIIX is 0.90, 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.
FEIRX vs. VIIIX
Compare and contrast key facts about Fidelity Advisor Equity Income Fund Class M (FEIRX) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX).
FEIRX is managed by Fidelity. It was launched on Sep 10, 1992. VIIIX is managed by Vanguard. It was launched on Jul 7, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEIRX or VIIIX.
Performance
FEIRX vs. VIIIX - Performance Comparison
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Key characteristics
FEIRX:
0.69
VIIIX:
0.70
FEIRX:
0.85
VIIIX:
1.04
FEIRX:
1.11
VIIIX:
1.15
FEIRX:
0.58
VIIIX:
0.69
FEIRX:
1.94
VIIIX:
2.63
FEIRX:
3.95%
VIIIX:
4.92%
FEIRX:
14.37%
VIIIX:
19.79%
FEIRX:
-61.02%
VIIIX:
-55.18%
FEIRX:
-4.54%
VIIIX:
-3.42%
Returns By Period
In the year-to-date period, FEIRX achieves a 1.80% return, which is significantly higher than VIIIX's 1.05% return. Over the past 10 years, FEIRX has underperformed VIIIX with an annualized return of 7.84%, while VIIIX has yielded a comparatively higher 12.82% annualized return.
FEIRX
1.80%
2.60%
-4.44%
9.80%
6.86%
12.80%
7.84%
VIIIX
1.05%
6.46%
-0.81%
13.73%
14.14%
15.92%
12.82%
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FEIRX vs. VIIIX - Expense Ratio Comparison
FEIRX has a 1.14% expense ratio, which is higher than VIIIX's 0.02% expense ratio.
Risk-Adjusted Performance
FEIRX vs. VIIIX — Risk-Adjusted Performance Rank
FEIRX
VIIIX
FEIRX vs. VIIIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Equity Income Fund Class M (FEIRX) and Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX). 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
FEIRX vs. VIIIX - Dividend Comparison
FEIRX's dividend yield for the trailing twelve months is around 7.06%, more than VIIIX's 2.55% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEIRX Fidelity Advisor Equity Income Fund Class M | 7.06% | 7.03% | 4.47% | 5.48% | 10.49% | 1.94% | 7.61% | 15.97% | 10.46% | 3.74% | 10.20% | 4.82% |
VIIIX Vanguard Institutional Index Fund Institutional Plus Shares | 2.55% | 2.59% | 2.98% | 3.39% | 4.79% | 3.07% | 2.86% | 2.45% | 1.84% | 2.38% | 2.47% | 1.90% |
Drawdowns
FEIRX vs. VIIIX - Drawdown Comparison
The maximum FEIRX drawdown since its inception was -61.02%, which is greater than VIIIX's maximum drawdown of -55.18%. Use the drawdown chart below to compare losses from any high point for FEIRX and VIIIX.
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Volatility
FEIRX vs. VIIIX - Volatility Comparison
The current volatility for Fidelity Advisor Equity Income Fund Class M (FEIRX) is 3.97%, while Vanguard Institutional Index Fund Institutional Plus Shares (VIIIX) has a volatility of 4.77%. This indicates that FEIRX experiences smaller price fluctuations and is considered to be less risky than VIIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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