PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FEQTX vs. FDVV
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FEQTX and FDVV 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.


-0.50.00.51.00.9

Performance

FEQTX vs. FDVV - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Equity Dividend Income Fund (FEQTX) and Fidelity High Dividend ETF (FDVV). The values are adjusted to include any dividend payments, if applicable.

50.00%100.00%150.00%200.00%JulyAugustSeptemberOctoberNovemberDecember
38.81%
167.80%
FEQTX
FDVV

Key characteristics

Sharpe Ratio

FEQTX:

1.11

FDVV:

2.29

Sortino Ratio

FEQTX:

1.62

FDVV:

3.13

Omega Ratio

FEQTX:

1.20

FDVV:

1.42

Calmar Ratio

FEQTX:

1.57

FDVV:

4.18

Martin Ratio

FEQTX:

5.46

FDVV:

17.13

Ulcer Index

FEQTX:

2.09%

FDVV:

1.38%

Daily Std Dev

FEQTX:

10.28%

FDVV:

10.31%

Max Drawdown

FEQTX:

-60.57%

FDVV:

-40.25%

Current Drawdown

FEQTX:

-6.41%

FDVV:

-4.36%

Returns By Period

In the year-to-date period, FEQTX achieves a 12.25% return, which is significantly lower than FDVV's 21.59% return.


FEQTX

YTD

12.25%

1M

-3.82%

6M

6.97%

1Y

10.39%

5Y*

4.33%

10Y*

3.40%

FDVV

YTD

21.59%

1M

-2.71%

6M

7.78%

1Y

22.19%

5Y*

12.94%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FEQTX vs. FDVV - Expense Ratio Comparison

FEQTX has a 0.58% expense ratio, which is higher than FDVV's 0.29% expense ratio.


FEQTX
Fidelity Equity Dividend Income Fund
Expense ratio chart for FEQTX: current value at 0.58% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.58%
Expense ratio chart for FDVV: current value at 0.29% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.29%

Risk-Adjusted Performance

FEQTX vs. FDVV - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Equity Dividend Income Fund (FEQTX) and Fidelity High Dividend ETF (FDVV). 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.


Sharpe ratio
The chart of Sharpe ratio for FEQTX, currently valued at 1.11, compared to the broader market-1.000.001.002.003.004.001.112.29
The chart of Sortino ratio for FEQTX, currently valued at 1.62, compared to the broader market-2.000.002.004.006.008.0010.001.623.13
The chart of Omega ratio for FEQTX, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.003.501.201.42
The chart of Calmar ratio for FEQTX, currently valued at 1.57, compared to the broader market0.002.004.006.008.0010.0012.0014.001.574.18
The chart of Martin ratio for FEQTX, currently valued at 5.46, compared to the broader market0.0020.0040.0060.005.4617.13
FEQTX
FDVV

The current FEQTX Sharpe Ratio is 1.11, which is lower than the FDVV Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of FEQTX and FDVV, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
1.11
2.29
FEQTX
FDVV

Dividends

FEQTX vs. FDVV - Dividend Comparison

FEQTX's dividend yield for the trailing twelve months is around 2.50%, less than FDVV's 2.95% yield.


TTM20232022202120202019201820172016201520142013
FEQTX
Fidelity Equity Dividend Income Fund
2.50%2.59%2.34%2.20%2.38%2.58%2.95%2.30%1.92%2.74%2.53%1.89%
FDVV
Fidelity High Dividend ETF
2.95%3.77%3.44%2.70%3.19%3.93%4.05%3.63%1.04%0.00%0.00%0.00%

Drawdowns

FEQTX vs. FDVV - Drawdown Comparison

The maximum FEQTX drawdown since its inception was -60.57%, which is greater than FDVV's maximum drawdown of -40.25%. Use the drawdown chart below to compare losses from any high point for FEQTX and FDVV. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.41%
-4.36%
FEQTX
FDVV

Volatility

FEQTX vs. FDVV - Volatility Comparison

Fidelity Equity Dividend Income Fund (FEQTX) and Fidelity High Dividend ETF (FDVV) have volatilities of 3.24% and 3.37%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%JulyAugustSeptemberOctoberNovemberDecember
3.24%
3.37%
FEQTX
FDVV
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab