FHZTX vs. JEPIX

Last updated Jul 11, 2026

FHZTX (Fidelity Advisor Large Cap Stock Fund Class I) and JEPIX (JPMorgan Equity Premium Income Fund Class I) are both mutual funds - FHZTX is a Large Cap Blend Equities fund actively managed by Fidelity, while JEPIX is a Derivative Income fund actively managed by JPMorgan. Both are actively managed. A 0.54 correlation means they provide meaningful diversification when combined. FHZTX charges 0.77%/yr vs 0.59%/yr for JEPIX.

Performance

FHZTX vs. JEPIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Large Cap Stock Fund Class I (FHZTX) and JPMorgan Equity Premium Income Fund Class I (JEPIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FHZTX

• 1D: 0.56%
• 1M: 2.08%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

JEPIX

• 1D: 0.21%
• 1M: 1.79%
• 6M: 1.22%
• YTD: 2.85%
• 1Y: 8.05%
• 3Y*: 9.16%
• 5Y*: 7.20%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FHZTX vs. JEPIX - Yearly Performance Comparison

	2026 (YTD)
FHZTX Fidelity Advisor Large Cap Stock Fund Class I	10.94%
JEPIX JPMorgan Equity Premium Income Fund Class I	2.21%

Correlation

The correlation between FHZTX and JEPIX is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 16, 2026	0.54

Return for Risk

FHZTX vs. JEPIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FHZTX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

JEPIX

JEPIX Risk / Return Rank: 18
JEPIX Sharpe Ratio Rank: 18
JEPIX Sortino Ratio Rank: 20
JEPIX Omega Ratio Rank: 19
JEPIX Calmar Ratio Rank: 16
JEPIX Martin Ratio Rank: 16

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FHZTX vs. JEPIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Large Cap Stock Fund Class I (FHZTX) and JPMorgan Equity Premium Income Fund Class I (JEPIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FHZTX	JEPIX	Difference
Sharpe ratio: Return per unit of total volatility	—	0.89	—
Sortino ratio: Return per unit of downside risk	—	1.40	—
Omega ratio: Gain probability vs. loss probability	—	1.17	—
Calmar ratio: Return relative to maximum drawdown	—	1.05	—
Martin ratio: Return relative to average drawdown	—	3.05	—

Drawdowns

FHZTX vs. JEPIX - Drawdown Comparison

The maximum FHZTX drawdown since its inception was -5.31%, smaller than the maximum JEPIX drawdown of -32.63%. Use the drawdown chart below to compare losses from any high point for FHZTX and JEPIX.

Drawdown Indicators

	FHZTX	JEPIX	Difference
Max Drawdown Largest peak-to-trough decline	-5.31%	-32.63%	+27.32%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.41%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-13.42%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-13.67%	—
Current Drawdown Current decline from peak	-0.52%	-2.33%	+1.81%
Average Drawdown Average peak-to-trough decline	-0.90%	-3.21%	+2.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.55%	—

Volatility

Volatility by Period

	FHZTX	JEPIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.61%	—
Volatility (6M) Calculated over the trailing 6-month period	—	7.05%	—
Volatility (1Y) Calculated over the trailing 1-year period	14.65%	8.70%	+5.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.65%	11.48%	+3.17%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.65%	14.69%	-0.04%

FHZTX vs. JEPIX - Expense Ratio Comparison

FHZTX has a 0.77% expense ratio, which is higher than JEPIX's 0.59% expense ratio.

Dividends

FHZTX vs. JEPIX - Dividend Comparison

FHZTX's dividend yield for the trailing twelve months is around 4.78%, less than JEPIX's 7.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
FHZTX Fidelity Advisor Large Cap Stock Fund Class I	4.78%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
JEPIX JPMorgan Equity Premium Income Fund Class I	7.98%	8.12%	7.20%	8.42%	12.24%	6.15%	11.59%	3.91%

Frequently Asked Questions

Can I hold both FHZTX and JEPIX in my portfolio?

FHZTX and JEPIX have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.