FEQTX vs. FGRIX
Compare and contrast key facts about Fidelity Equity Dividend Income Fund (FEQTX) and Fidelity Growth & Income Portfolio (FGRIX).
FEQTX is managed by Fidelity. It was launched on Aug 21, 1990. FGRIX is managed by Fidelity. It was launched on Dec 30, 1985.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEQTX or FGRIX.
Key characteristics
| FEQTX | FGRIX | |
|---|---|---|
| YTD Return | 14.31% | 20.85% |
| 1Y Return | 25.64% | 33.04% |
| 3Y Return (Ann) | 8.99% | 11.15% |
| 5Y Return (Ann) | 10.79% | 14.43% |
| 10Y Return (Ann) | 8.82% | 11.50% |
| Sharpe Ratio | 2.70 | 3.28 |
| Sortino Ratio | 3.91 | 4.51 |
| Omega Ratio | 1.49 | 1.62 |
| Calmar Ratio | 3.97 | 5.10 |
| Martin Ratio | 15.82 | 24.65 |
| Ulcer Index | 1.77% | 1.45% |
| Daily Std Dev | 10.37% | 10.88% |
| Max Drawdown | -60.57% | -66.71% |
| Current Drawdown | -3.08% | -2.54% |
Correlation
The correlation between FEQTX and FGRIX is 0.93, 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. FGRIX - Performance Comparison
In the year-to-date period, FEQTX achieves a 14.31% return, which is significantly lower than FGRIX's 20.85% return. Over the past 10 years, FEQTX has underperformed FGRIX with an annualized return of 8.82%, while FGRIX has yielded a comparatively higher 11.50% 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. FGRIX - Expense Ratio Comparison
FEQTX has a 0.58% expense ratio, which is higher than FGRIX's 0.57% expense ratio.
Risk-Adjusted Performance
FEQTX vs. FGRIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Equity Dividend Income Fund (FEQTX) and Fidelity Growth & Income Portfolio (FGRIX). 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. FGRIX - Dividend Comparison
FEQTX's dividend yield for the trailing twelve months is around 4.80%, less than FGRIX's 5.83% 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% |
FGRIX Fidelity Growth & Income Portfolio | 5.83% | 3.93% | 3.43% | 6.02% | 3.61% | 2.85% | 3.39% | 1.52% | 1.80% | 2.04% | 1.72% | 1.62% |
Drawdowns
FEQTX vs. FGRIX - Drawdown Comparison
The maximum FEQTX drawdown since its inception was -60.57%, smaller than the maximum FGRIX drawdown of -66.71%. Use the drawdown chart below to compare losses from any high point for FEQTX and FGRIX. For additional features, visit the drawdowns tool.
Volatility
FEQTX vs. FGRIX - Volatility Comparison
Fidelity Equity Dividend Income Fund (FEQTX) and Fidelity Growth & Income Portfolio (FGRIX) have volatilities of 2.70% and 2.70%, 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.