FEQTX vs. FDGFX
Compare and contrast key facts about Fidelity Equity Dividend Income Fund (FEQTX) and Fidelity Dividend Growth Fund (FDGFX).
FEQTX is managed by Fidelity. It was launched on Aug 21, 1990. FDGFX is managed by Fidelity. It was launched on Apr 27, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEQTX or FDGFX.
Key characteristics
| FEQTX | FDGFX | |
|---|---|---|
| YTD Return | 14.31% | 24.59% |
| 1Y Return | 25.64% | 37.46% |
| 3Y Return (Ann) | 8.99% | 10.08% |
| 5Y Return (Ann) | 10.79% | 12.43% |
| 10Y Return (Ann) | 8.82% | 10.54% |
| Sharpe Ratio | 2.70 | 2.82 |
| Sortino Ratio | 3.91 | 3.73 |
| Omega Ratio | 1.49 | 1.52 |
| Calmar Ratio | 3.97 | 4.06 |
| Martin Ratio | 15.82 | 18.34 |
| Ulcer Index | 1.77% | 2.19% |
| Daily Std Dev | 10.37% | 14.27% |
| Max Drawdown | -60.57% | -60.08% |
| Current Drawdown | -3.08% | -2.80% |
Correlation
The correlation between FEQTX and FDGFX is 0.91, 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
FEQTX vs. FDGFX - Performance Comparison
In the year-to-date period, FEQTX achieves a 14.31% return, which is significantly lower than FDGFX's 24.59% return. Over the past 10 years, FEQTX has underperformed FDGFX with an annualized return of 8.82%, while FDGFX has yielded a comparatively higher 10.54% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FEQTX vs. FDGFX - Expense Ratio Comparison
FEQTX has a 0.58% expense ratio, which is higher than FDGFX's 0.48% expense ratio.
Risk-Adjusted Performance
FEQTX vs. FDGFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Equity Dividend Income Fund (FEQTX) and Fidelity Dividend Growth Fund (FDGFX). 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
FEQTX vs. FDGFX - Dividend Comparison
FEQTX's dividend yield for the trailing twelve months is around 4.80%, less than FDGFX's 8.17% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FEQTX Fidelity Equity Dividend Income Fund | 4.80% | 5.22% | 7.65% | 11.52% | 2.43% | 8.39% | 14.31% | 10.14% | 6.12% | 2.74% | 2.53% | 1.89% |
FDGFX Fidelity Dividend Growth Fund | 8.17% | 3.48% | 11.46% | 7.81% | 1.89% | 4.84% | 22.93% | 17.18% | 1.58% | 9.63% | 19.50% | 11.21% |
Drawdowns
FEQTX vs. FDGFX - Drawdown Comparison
The maximum FEQTX drawdown since its inception was -60.57%, roughly equal to the maximum FDGFX drawdown of -60.08%. Use the drawdown chart below to compare losses from any high point for FEQTX and FDGFX. For additional features, visit the drawdowns tool.
Volatility
FEQTX vs. FDGFX - Volatility Comparison
The current volatility for Fidelity Equity Dividend Income Fund (FEQTX) is 2.70%, while Fidelity Dividend Growth Fund (FDGFX) has a volatility of 3.30%. This indicates that FEQTX experiences smaller price fluctuations and is considered to be less risky than FDGFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.