FEQIX vs. HDV
Compare and contrast key facts about Fidelity Equity-Income Fund (FEQIX) and iShares Core High Dividend ETF (HDV).
FEQIX is managed by Fidelity. It was launched on May 16, 1966. HDV is a passively managed fund by iShares that tracks the performance of the Morningstar Dividend Yield Focus Index. It was launched on Mar 29, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEQIX or HDV.
Performance
FEQIX vs. HDV - Performance Comparison
Returns By Period
The year-to-date returns for both investments are quite close, with FEQIX having a 18.81% return and HDV slightly higher at 19.62%. Over the past 10 years, FEQIX has underperformed HDV with an annualized return of 5.42%, while HDV has yielded a comparatively higher 8.23% annualized return.
FEQIX
18.81%
-0.67%
8.03%
22.70%
7.09%
5.42%
HDV
19.62%
0.27%
9.48%
25.49%
8.48%
8.23%
Key characteristics
| FEQIX | HDV | |
|---|---|---|
| Sharpe Ratio | 2.30 | 2.65 |
| Sortino Ratio | 3.19 | 3.90 |
| Omega Ratio | 1.42 | 1.48 |
| Calmar Ratio | 2.36 | 4.63 |
| Martin Ratio | 16.19 | 19.67 |
| Ulcer Index | 1.41% | 1.31% |
| Daily Std Dev | 9.89% | 9.71% |
| Max Drawdown | -62.07% | -37.04% |
| Current Drawdown | -1.44% | -0.77% |
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FEQIX vs. HDV - Expense Ratio Comparison
FEQIX has a 0.57% expense ratio, which is higher than HDV's 0.08% expense ratio.
Correlation
The correlation between FEQIX and HDV is 0.86, 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.
Risk-Adjusted Performance
FEQIX vs. HDV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Equity-Income Fund (FEQIX) and iShares Core High Dividend ETF (HDV). 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.
Dividends
FEQIX vs. HDV - Dividend Comparison
FEQIX's dividend yield for the trailing twelve months is around 1.56%, less than HDV's 3.34% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEQIX Fidelity Equity-Income Fund | 1.56% | 1.78% | 1.93% | 1.55% | 1.50% | 1.82% | 2.73% | 2.03% | 2.37% | 7.35% | 8.14% | 2.18% |
HDV iShares Core High Dividend ETF | 3.34% | 3.82% | 3.56% | 3.47% | 4.07% | 3.27% | 3.67% | 3.27% | 3.28% | 3.92% | 3.20% | 3.17% |
Drawdowns
FEQIX vs. HDV - Drawdown Comparison
The maximum FEQIX drawdown since its inception was -62.07%, which is greater than HDV's maximum drawdown of -37.04%. Use the drawdown chart below to compare losses from any high point for FEQIX and HDV. For additional features, visit the drawdowns tool.
Volatility
FEQIX vs. HDV - Volatility Comparison
Fidelity Equity-Income Fund (FEQIX) has a higher volatility of 3.00% compared to iShares Core High Dividend ETF (HDV) at 2.74%. This indicates that FEQIX's price experiences larger fluctuations and is considered to be riskier than HDV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.