FEQTX vs. FSKAX
Compare and contrast key facts about Fidelity Equity Dividend Income Fund (FEQTX) and Fidelity Total Market Index Fund (FSKAX).
FEQTX is managed by Fidelity. It was launched on Aug 21, 1990. FSKAX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEQTX or FSKAX.
Key characteristics
| FEQTX | FSKAX | |
|---|---|---|
| YTD Return | 14.31% | 20.24% |
| 1Y Return | 25.64% | 34.61% |
| 3Y Return (Ann) | 8.99% | 7.42% |
| 5Y Return (Ann) | 10.79% | 14.40% |
| 10Y Return (Ann) | 8.82% | 12.49% |
| Sharpe Ratio | 2.70 | 2.95 |
| Sortino Ratio | 3.91 | 3.91 |
| Omega Ratio | 1.49 | 1.55 |
| Calmar Ratio | 3.97 | 3.77 |
| Martin Ratio | 15.82 | 19.06 |
| Ulcer Index | 1.77% | 1.95% |
| Daily Std Dev | 10.37% | 12.62% |
| Max Drawdown | -60.57% | -35.01% |
| Current Drawdown | -3.08% | -2.27% |
Correlation
The correlation between FEQTX and FSKAX is 0.88, 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. FSKAX - Performance Comparison
In the year-to-date period, FEQTX achieves a 14.31% return, which is significantly lower than FSKAX's 20.24% return. Over the past 10 years, FEQTX has underperformed FSKAX with an annualized return of 8.82%, while FSKAX has yielded a comparatively higher 12.49% 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. FSKAX - Expense Ratio Comparison
FEQTX has a 0.58% expense ratio, which is higher than FSKAX's 0.02% expense ratio.
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.
Dividends
FEQTX vs. FSKAX - Dividend Comparison
FEQTX's dividend yield for the trailing twelve months is around 4.80%, more than FSKAX's 1.20% 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% |
FSKAX Fidelity Total Market Index Fund | 1.20% | 1.41% | 1.62% | 1.15% | 1.45% | 1.94% | 2.54% | 2.33% | 2.43% | 2.49% | 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.
Volatility
FEQTX vs. FSKAX - Volatility Comparison
The current volatility for Fidelity Equity Dividend Income Fund (FEQTX) is 2.70%, while Fidelity Total Market Index Fund (FSKAX) has a volatility of 3.22%. 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.