FWOCX vs. JEPIX
FWOCX (Fidelity Advisor Women's Leadership Fund Class C) and JEPIX (JPMorgan Equity Premium Income Fund Class I) are both mutual funds - FWOCX is a Large Cap Blend Equities fund managed by Fidelity, while JEPIX is a Derivative Income fund actively managed by JPMorgan. Over the past 5 years, FWOCX returned 7.42%/yr vs 7.00%/yr for JEPIX. Their 0.73 correlation means they have sometimes moved together and sometimes differently. FWOCX charges 1.84%/yr vs 0.59%/yr for JEPIX.
Performance
FWOCX vs. JEPIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FWOCX achieves a 12.16% return, which is significantly higher than JEPIX's 3.44% return.
FWOCX
- 1D
- 2.08%
- 1M
- -1.33%
- 6M
- 10.42%
- YTD
- 12.16%
- 1Y
- 25.75%
- 3Y*
- 15.07%
- 5Y*
- 7.42%
- 10Y*
- —
- ALL TIME*
- 12.03%
JEPIX
- 1D
- 0.57%
- 1M
- 0.28%
- 6M
- 1.04%
- YTD
- 3.44%
- 1Y
- 9.85%
- 3Y*
- 8.69%
- 5Y*
- 7.00%
- 10Y*
- —
- ALL TIME*
- 7.38%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FWOCX vs. JEPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FWOCX Fidelity Advisor Women's Leadership Fund Class C | 12.16% | 17.93% | 10.94% | 19.97% | -20.64% | 18.34% | 23.99% | 10.46% |
JEPIX JPMorgan Equity Premium Income Fund Class I | 3.44% | 7.82% | 12.43% | 9.68% | -3.81% | 19.36% | 6.02% | 7.72% |
Correlation
The correlation between FWOCX and JEPIX is 0.55, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.55 |
Correlation (3Y) Balances recent behavior with more history. | 0.70 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.74 |
Correlation (All Time) Calculated using the full available price history since May 21, 2019 | 0.73 |
The correlation between FWOCX and JEPIX shifts across timeframes, from 0.55 (1 year) to 0.74 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FWOCX vs. JEPIX — Risk / Return Rank
FWOCX
JEPIX
FWOCX vs. JEPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Women's Leadership Fund Class C (FWOCX) 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.
| FWOCX | JEPIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.59 | ||
| Sortino ratioReturn per unit of downside risk | +0.70 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.19 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.24 | 1.21 | +1.03 |
| Martin ratioReturn relative to average drawdown | 10.11 | 3.43 | +6.68 |
Loading charts...
Drawdowns
FWOCX vs. JEPIX - Drawdown Comparison
The maximum FWOCX drawdown since its inception was -36.57%, which is greater than JEPIX's maximum drawdown of -32.63%. Use the drawdown chart below to compare losses from any high point for FWOCX and JEPIX.
Loading charts...
Drawdown Indicators
| FWOCX | JEPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.57% | -32.63% | -3.94% |
Max Drawdown (1Y)Largest decline over 1 year | -10.35% | -7.41% | -2.94% |
Max Drawdown (3Y)Largest decline over 3 years | -22.87% | -13.42% | -9.45% |
Max Drawdown (5Y)Largest decline over 5 years | -30.65% | -13.67% | -16.98% |
Current DrawdownCurrent decline from peak | -2.93% | -1.78% | -1.15% |
Average DrawdownAverage peak-to-trough decline | -7.69% | -3.21% | -4.48% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.29% | 2.60% | -0.31% |
Volatility
FWOCX vs. JEPIX - Volatility Comparison
Fidelity Advisor Women's Leadership Fund Class C (FWOCX) has a higher volatility of 3.83% compared to JPMorgan Equity Premium Income Fund Class I (JEPIX) at 2.40%. This indicates that FWOCX's price experiences larger fluctuations and is considered to be riskier than JEPIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FWOCX | JEPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.83% | 2.40% | +1.43% |
Volatility (6M)Calculated over the trailing 6-month period | 11.76% | 7.08% | +4.68% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.45% | 8.85% | +5.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.93% | 11.49% | +6.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.48% | 14.65% | +5.83% |
FWOCX vs. JEPIX - Expense Ratio Comparison
FWOCX has a 1.84% expense ratio, which is higher than JEPIX's 0.59% expense ratio.
Dividends
FWOCX vs. JEPIX - Dividend Comparison
FWOCX's dividend yield for the trailing twelve months is around 4.76%, less than JEPIX's 7.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
FWOCX Fidelity Advisor Women's Leadership Fund Class C | 4.76% | 5.51% | 0.00% | 0.00% | 0.00% | 1.92% | 0.00% | 0.00% |
JEPIX JPMorgan Equity Premium Income Fund Class I | 7.31% | 8.12% | 7.20% | 8.42% | 12.24% | 6.15% | 11.59% | 3.91% |
Frequently Asked Questions
FWOCX and JEPIX have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FWOCX has higher volatility (3.83%) compared to JEPIX (2.40%). In terms of maximum drawdown, FWOCX dropped -36.57% vs JEPIX's -32.63%.
FWOCX currently has the higher Sharpe Ratio (1.60 vs 1.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FWOCX and JEPIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer