FEQTX vs. MSCI
Compare and contrast key facts about Fidelity Equity Dividend Income Fund (FEQTX) and MSCI Inc. (MSCI).
FEQTX is managed by Fidelity. It was launched on Aug 21, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FEQTX or MSCI.
Key characteristics
| FEQTX | MSCI | |
|---|---|---|
| YTD Return | 14.31% | 3.09% |
| 1Y Return | 25.64% | 20.07% |
| 3Y Return (Ann) | 8.99% | -3.07% |
| 5Y Return (Ann) | 10.79% | 19.79% |
| 10Y Return (Ann) | 8.82% | 30.00% |
| Sharpe Ratio | 2.70 | 0.87 |
| Sortino Ratio | 3.91 | 1.31 |
| Omega Ratio | 1.49 | 1.19 |
| Calmar Ratio | 3.97 | 0.74 |
| Martin Ratio | 15.82 | 2.19 |
| Ulcer Index | 1.77% | 10.95% |
| Daily Std Dev | 10.37% | 27.61% |
| Max Drawdown | -60.57% | -69.06% |
| Current Drawdown | -3.08% | -11.85% |
Correlation
The correlation between FEQTX and MSCI is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FEQTX vs. MSCI - Performance Comparison
In the year-to-date period, FEQTX achieves a 14.31% return, which is significantly higher than MSCI's 3.09% return. Over the past 10 years, FEQTX has underperformed MSCI with an annualized return of 8.82%, while MSCI has yielded a comparatively higher 30.00% 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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Risk-Adjusted Performance
FEQTX vs. MSCI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Equity Dividend Income Fund (FEQTX) and MSCI Inc. (MSCI). 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. MSCI - Dividend Comparison
FEQTX's dividend yield for the trailing twelve months is around 4.80%, more than MSCI's 1.07% 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% |
MSCI MSCI Inc. | 1.07% | 0.98% | 0.98% | 0.59% | 0.65% | 0.98% | 1.30% | 1.04% | 1.27% | 1.11% | 0.38% | 0.00% |
Drawdowns
FEQTX vs. MSCI - Drawdown Comparison
The maximum FEQTX drawdown since its inception was -60.57%, smaller than the maximum MSCI drawdown of -69.06%. Use the drawdown chart below to compare losses from any high point for FEQTX and MSCI. For additional features, visit the drawdowns tool.
Volatility
FEQTX vs. MSCI - Volatility Comparison
The current volatility for Fidelity Equity Dividend Income Fund (FEQTX) is 2.70%, while MSCI Inc. (MSCI) has a volatility of 5.35%. This indicates that FEQTX experiences smaller price fluctuations and is considered to be less risky than MSCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.