FEQIX vs. FXAIX
Compare and contrast key facts about Fidelity Equity-Income Fund (FEQIX) and Fidelity 500 Index Fund (FXAIX).
FEQIX is managed by Fidelity. It was launched on May 16, 1966. FXAIX is a passively managed fund by Fidelity that tracks the performance of the S&P 500 Index. It was launched on Feb 17, 1988.
Performance
FEQIX vs. FXAIX - Performance Comparison
Loading graphics...
FEQIX vs. FXAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FEQIX Fidelity Equity-Income Fund | 1.32% | 18.96% | 15.34% | 10.62% | -5.10% | 24.49% | 6.77% | 27.90% | -8.46% | 12.80% |
FXAIX Fidelity 500 Index Fund | -7.05% | 17.84% | 25.01% | 26.29% | -18.14% | 28.71% | 18.42% | 31.48% | -4.43% | 21.82% |
Returns By Period
In the year-to-date period, FEQIX achieves a 1.32% return, which is significantly higher than FXAIX's -7.05% return. Over the past 10 years, FEQIX has underperformed FXAIX with an annualized return of 11.41%, while FXAIX has yielded a comparatively higher 13.75% annualized return.
FEQIX
- 1D
- 0.04%
- 1M
- -6.45%
- YTD
- 1.32%
- 6M
- 5.37%
- 1Y
- 16.73%
- 3Y*
- 15.21%
- 5Y*
- 10.74%
- 10Y*
- 11.41%
FXAIX
- 1D
- -0.39%
- 1M
- -7.68%
- YTD
- -7.05%
- 6M
- -4.59%
- 1Y
- 14.42%
- 3Y*
- 17.17%
- 5Y*
- 11.40%
- 10Y*
- 13.75%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FEQIX vs. FXAIX - Expense Ratio Comparison
FEQIX has a 0.57% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Return for Risk
FEQIX vs. FXAIX — Risk / Return Rank
FEQIX
FXAIX
FEQIX vs. FXAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Equity-Income Fund (FEQIX) and Fidelity 500 Index Fund (FXAIX). 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.
| FEQIX | FXAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.25 | 0.84 | +0.42 |
Sortino ratioReturn per unit of downside risk | 1.77 | 1.30 | +0.47 |
Omega ratioGain probability vs. loss probability | 1.28 | 1.20 | +0.08 |
Calmar ratioReturn relative to maximum drawdown | 1.49 | 1.05 | +0.43 |
Martin ratioReturn relative to average drawdown | 7.32 | 5.13 | +2.19 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FEQIX | FXAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.25 | 0.84 | +0.42 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | 0.68 | +0.12 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.74 | 0.77 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.75 | -0.25 |
Correlation
The correlation between FEQIX and FXAIX 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.
Dividends
FEQIX vs. FXAIX - Dividend Comparison
FEQIX's dividend yield for the trailing twelve months is around 4.91%, more than FXAIX's 1.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEQIX Fidelity Equity-Income Fund | 4.91% | 4.67% | 5.51% | 4.26% | 4.56% | 9.90% | 3.38% | 7.16% | 9.76% | 6.29% | 4.28% | 12.17% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
Drawdowns
FEQIX vs. FXAIX - Drawdown Comparison
The maximum FEQIX drawdown since its inception was -62.38%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FEQIX and FXAIX.
Loading graphics...
Drawdown Indicators
| FEQIX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -62.38% | -33.79% | -28.59% |
Max Drawdown (1Y)Largest decline over 1 year | -11.05% | -12.13% | +1.08% |
Max Drawdown (5Y)Largest decline over 5 years | -17.20% | -24.50% | +7.30% |
Max Drawdown (10Y)Largest decline over 10 years | -33.12% | -33.79% | +0.67% |
Current DrawdownCurrent decline from peak | -6.45% | -8.89% | +2.44% |
Average DrawdownAverage peak-to-trough decline | -8.04% | -3.83% | -4.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.25% | 2.50% | -0.25% |
Volatility
FEQIX vs. FXAIX - Volatility Comparison
The current volatility for Fidelity Equity-Income Fund (FEQIX) is 3.33%, while Fidelity 500 Index Fund (FXAIX) has a volatility of 4.24%. This indicates that FEQIX experiences smaller price fluctuations and is considered to be less risky than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FEQIX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.33% | 4.24% | -0.91% |
Volatility (6M)Calculated over the trailing 6-month period | 7.06% | 9.08% | -2.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.30% | 18.13% | -3.83% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.47% | 16.88% | -3.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.49% | 18.03% | -2.54% |