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FSDIX vs. FEQIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FSDIX vs. FEQIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Strategic Dividend & Income Fund (FSDIX) and Fidelity Equity-Income Fund (FEQIX). The values are adjusted to include any dividend payments, if applicable.

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FSDIX vs. FEQIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FSDIX
Fidelity Strategic Dividend & Income Fund
3.35%6.52%11.52%9.45%-9.84%19.03%11.23%22.50%-4.33%11.23%
FEQIX
Fidelity Equity-Income Fund
1.32%18.96%15.34%10.62%-5.10%24.49%6.77%27.90%-8.46%12.80%

Returns By Period

In the year-to-date period, FSDIX achieves a 3.35% return, which is significantly higher than FEQIX's 1.32% return. Over the past 10 years, FSDIX has underperformed FEQIX with an annualized return of 8.58%, while FEQIX has yielded a comparatively higher 11.41% annualized return.


FSDIX

1D
-0.27%
1M
-5.65%
YTD
3.35%
6M
-0.38%
1Y
8.54%
3Y*
9.57%
5Y*
6.48%
10Y*
8.58%

FEQIX

1D
0.04%
1M
-6.45%
YTD
1.32%
6M
5.37%
1Y
16.73%
3Y*
15.21%
5Y*
10.74%
10Y*
11.41%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FSDIX vs. FEQIX - Expense Ratio Comparison

FSDIX has a 0.68% expense ratio, which is higher than FEQIX's 0.57% expense ratio.


Return for Risk

FSDIX vs. FEQIX — Risk / Return Rank

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

FSDIX
FSDIX Risk / Return Rank: 3131
Overall Rank
FSDIX Sharpe Ratio Rank: 3131
Sharpe Ratio Rank
FSDIX Sortino Ratio Rank: 2626
Sortino Ratio Rank
FSDIX Omega Ratio Rank: 3535
Omega Ratio Rank
FSDIX Calmar Ratio Rank: 3030
Calmar Ratio Rank
FSDIX Martin Ratio Rank: 3232
Martin Ratio Rank

FEQIX
FEQIX Risk / Return Rank: 7272
Overall Rank
FEQIX Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
FEQIX Sortino Ratio Rank: 7373
Sortino Ratio Rank
FEQIX Omega Ratio Rank: 7474
Omega Ratio Rank
FEQIX Calmar Ratio Rank: 6666
Calmar Ratio Rank
FEQIX Martin Ratio Rank: 7676
Martin Ratio Rank
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.

FSDIX vs. FEQIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Strategic Dividend & Income Fund (FSDIX) and Fidelity Equity-Income Fund (FEQIX). 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.


FSDIXFEQIXDifference

Sharpe ratio

Return per unit of total volatility

0.70

1.25

-0.55

Sortino ratio

Return per unit of downside risk

0.96

1.77

-0.81

Omega ratio

Gain probability vs. loss probability

1.16

1.28

-0.11

Calmar ratio

Return relative to maximum drawdown

0.85

1.49

-0.64

Martin ratio

Return relative to average drawdown

3.41

7.32

-3.90

FSDIX vs. FEQIX - Sharpe Ratio Comparison

The current FSDIX Sharpe Ratio is 0.70, which is lower than the FEQIX Sharpe Ratio of 1.25. The chart below compares the historical Sharpe Ratios of FSDIX and FEQIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FSDIXFEQIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.70

1.25

-0.55

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.58

0.80

-0.22

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.69

0.74

-0.05

Sharpe Ratio (All Time)

Calculated using the full available price history

0.51

0.50

+0.01

Correlation

The correlation between FSDIX and FEQIX is 0.94, 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.


Dividends

FSDIX vs. FEQIX - Dividend Comparison

FSDIX's dividend yield for the trailing twelve months is around 1.74%, less than FEQIX's 4.91% yield.


TTM20252024202320222021202020192018201720162015
FSDIX
Fidelity Strategic Dividend & Income Fund
1.74%1.80%5.27%5.71%4.23%8.43%5.67%6.68%8.19%6.57%4.92%6.38%
FEQIX
Fidelity Equity-Income Fund
4.91%4.67%5.51%4.26%4.56%9.90%3.38%7.16%9.76%6.29%4.28%12.17%

Drawdowns

FSDIX vs. FEQIX - Drawdown Comparison

The maximum FSDIX drawdown since its inception was -58.92%, smaller than the maximum FEQIX drawdown of -62.38%. Use the drawdown chart below to compare losses from any high point for FSDIX and FEQIX.


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Drawdown Indicators


FSDIXFEQIXDifference

Max Drawdown

Largest peak-to-trough decline

-58.92%

-62.38%

+3.46%

Max Drawdown (1Y)

Largest decline over 1 year

-9.50%

-11.05%

+1.55%

Max Drawdown (5Y)

Largest decline over 5 years

-17.08%

-17.20%

+0.12%

Max Drawdown (10Y)

Largest decline over 10 years

-29.99%

-33.12%

+3.13%

Current Drawdown

Current decline from peak

-5.75%

-6.45%

+0.70%

Average Drawdown

Average peak-to-trough decline

-6.40%

-8.04%

+1.64%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.35%

2.25%

+0.10%

Volatility

FSDIX vs. FEQIX - Volatility Comparison

Fidelity Strategic Dividend & Income Fund (FSDIX) and Fidelity Equity-Income Fund (FEQIX) have volatilities of 3.31% and 3.33%, 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.


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Volatility by Period


FSDIXFEQIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.31%

3.33%

-0.02%

Volatility (6M)

Calculated over the trailing 6-month period

8.75%

7.06%

+1.69%

Volatility (1Y)

Calculated over the trailing 1-year period

13.16%

14.30%

-1.14%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

11.23%

13.47%

-2.24%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.55%

15.49%

-2.94%