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FEQTX vs. FSKAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FEQTX and FSKAX is 0.87, 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. FSKAX - Performance Comparison

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

-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
5.89%
9.17%
FEQTX
FSKAX

Key characteristics

Sharpe Ratio

FEQTX:

1.11

FSKAX:

2.00

Sortino Ratio

FEQTX:

1.62

FSKAX:

2.67

Omega Ratio

FEQTX:

1.20

FSKAX:

1.37

Calmar Ratio

FEQTX:

1.57

FSKAX:

2.99

Martin Ratio

FEQTX:

5.46

FSKAX:

12.68

Ulcer Index

FEQTX:

2.09%

FSKAX:

2.03%

Daily Std Dev

FEQTX:

10.28%

FSKAX:

12.88%

Max Drawdown

FEQTX:

-60.57%

FSKAX:

-35.01%

Current Drawdown

FEQTX:

-6.41%

FSKAX:

-4.07%

Returns By Period

In the year-to-date period, FEQTX achieves a 12.25% return, which is significantly lower than FSKAX's 23.68% return. Over the past 10 years, FEQTX has underperformed FSKAX with an annualized return of 3.40%, while FSKAX has yielded a comparatively higher 12.12% annualized return.


FEQTX

YTD

12.25%

1M

-3.82%

6M

6.97%

1Y

10.39%

5Y*

4.33%

10Y*

3.40%

FSKAX

YTD

23.68%

1M

-0.95%

6M

8.93%

1Y

24.31%

5Y*

13.85%

10Y*

12.12%

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. FSKAX - Expense Ratio Comparison

FEQTX has a 0.58% expense ratio, which is higher than FSKAX's 0.02% 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 FSKAX: current value at 0.02% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.02%

Risk-Adjusted Performance

FEQTX vs. FSKAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Equity Dividend Income Fund (FEQTX) and Fidelity Total Market Index Fund (FSKAX). 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-1.000.001.002.003.004.001.112.00
The chart of Sortino ratio for FEQTX, currently valued at 1.62, compared to the broader market-2.000.002.004.006.008.0010.001.622.67
The chart of Omega ratio for FEQTX, currently valued at 1.20, compared to the broader market0.501.001.502.002.503.003.501.201.37
The chart of Calmar ratio for FEQTX, currently valued at 1.57, compared to the broader market0.002.004.006.008.0010.0012.0014.001.572.99
The chart of Martin ratio for FEQTX, currently valued at 5.46, compared to the broader market0.0020.0040.0060.005.4612.68
FEQTX
FSKAX

The current FEQTX Sharpe Ratio is 1.11, which is lower than the FSKAX Sharpe Ratio of 2.00. The chart below compares the historical Sharpe Ratios of FEQTX and FSKAX, 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 Ratio1.001.502.002.503.003.50JulyAugustSeptemberOctoberNovemberDecember
1.11
2.00
FEQTX
FSKAX

Dividends

FEQTX vs. FSKAX - Dividend Comparison

FEQTX's dividend yield for the trailing twelve months is around 2.50%, more than FSKAX's 0.18% 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%
FSKAX
Fidelity Total Market Index Fund
0.18%1.41%1.62%1.15%1.45%1.80%2.06%1.66%1.82%1.96%1.63%1.54%

Drawdowns

FEQTX vs. FSKAX - Drawdown Comparison

The maximum FEQTX drawdown since its inception was -60.57%, which is greater than FSKAX's maximum drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for FEQTX and FSKAX. For additional features, visit the drawdowns tool.


-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-6.41%
-4.07%
FEQTX
FSKAX

Volatility

FEQTX vs. FSKAX - Volatility Comparison

The current volatility for Fidelity Equity Dividend Income Fund (FEQTX) is 3.24%, while Fidelity Total Market Index Fund (FSKAX) has a volatility of 3.89%. This indicates that FEQTX experiences smaller price fluctuations and is considered to be less risky than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%JulyAugustSeptemberOctoberNovemberDecember
3.24%
3.89%
FEQTX
FSKAX
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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.

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