- ISIN
- US3162008649
- Issuer
- Fidelity
- Inception Date
- May 9, 2008
- Category
- Mid Cap Growth Equities
- Min. Investment
- $0
- Distribution Policy
- Accumulating
- Asset Class
- Equity
- Asset Class Size
- Mid-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
FAGKX Performance Chart
Fidelity Growth Strategies Fund Class K (FAGKX) is up 12.0% since the beginning of the year. FAGKX is currently trading at $78 per share. Investors who bought $1,000 worth of FAGKX shares 5 years ago would now be looking at an investment worth $1,432.
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Returns By Period
Fidelity Growth Strategies Fund Class K (FAGKX) has returned 11.97% so far this year and 6.19% over the past 12 months. Over the last ten years, FAGKX has returned 11.63% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.
Fidelity Growth Strategies Fund Class K
- 1D
- 0.79%
- 1M
- 5.74%
- YTD
- 11.97%
- 6M
- 1.78%
- 1Y
- 6.19%
- 3Y*
- 14.81%
- 5Y*
- 7.45%
- 10Y*
- 11.63%
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
FAGKX Monthly Returns History
Based on dividend-adjusted daily data since May 15, 2008, FAGKX's average daily return is +0.05%, while the average monthly return is +0.89%. At this rate, an investment would double in approximately 6.5 years.
Historically, 61% of months were positive and 39% were negative. The best month was Nov 2024 with a return of +14.2%, while the worst month was Oct 2008 at -20.0%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 6 months.
On a daily basis, FAGKX closed higher 53% of trading days. The best single day was Apr 9, 2025 with a return of +11.1%, while the worst single day was Mar 16, 2020 at -13.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.10% | 4.78% | -7.69% | 9.32% | 5.36% | 0.40% | 11.97% | ||||||
| 2025 | 6.24% | -6.35% | -7.54% | 5.17% | 10.94% | 5.22% | 1.75% | 0.44% | 1.13% | 0.83% | -2.94% | -9.71% | 3.13% |
| 2024 | 0.45% | 8.27% | 4.50% | -5.19% | 3.57% | -0.56% | 0.30% | 2.12% | 3.79% | 1.81% | 14.23% | -14.13% | 17.83% |
| 2023 | 6.43% | -0.38% | 2.11% | -1.35% | -0.53% | 7.53% | 3.13% | -3.14% | -4.30% | -6.57% | 11.82% | 6.12% | 21.07% |
| 2022 | -14.44% | -1.60% | 0.68% | -11.11% | -0.85% | -8.54% | 13.78% | -3.94% | -7.88% | 7.99% | 5.82% | -6.39% | -26.41% |
| 2021 | -2.21% | 2.94% | -0.41% | 5.66% | -1.35% | 6.35% | 4.23% | 4.08% | -5.85% | 7.82% | -2.55% | 1.81% | 21.43% |
Benchmark Metrics
Fidelity Growth Strategies Fund Class K has an annualized alpha of -0.33%, beta of 1.05, and R2 of 0.84 versus S&P 500 Index. Calculated based on daily prices since May 16, 2008.
- This fund participated in 108.11% of S&P 500 Index downside but only 106.63% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 1.05 and R2 of 0.84, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -0.33%
- Beta
- 1.05
- R²
- 0.84
- Upside Capture
- 106.63%
- Downside Capture
- 108.11%
Expense Ratio
FAGKX has an expense ratio of 0.52%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FAGKX ranks 5 for risk / return — in the bottom 5% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Fidelity Growth Strategies Fund Class K (FAGKX) and compare them to S&P 500 Index.
| FAGKX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.91 | ||
| Sortino ratioReturn per unit of downside risk | -2.50 | ||
| Omega ratioGain probability vs. loss probability | 1.08 | 1.41 | -0.33 |
| Calmar ratioReturn relative to maximum drawdown | 0.36 | 2.93 | -2.57 |
| Martin ratioReturn relative to average drawdown | 0.91 | 13.52 | -12.61 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Fidelity Growth Strategies Fund Class K provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.00 | $0.09 | $0.00 | $8.99 | $5.00 | $1.88 | $0.34 | $0.02 | $0.25 | $0.10 |
Dividend yield | 0.00% | 0.00% | 0.00% | 0.16% | 0.00% | 13.99% | 8.30% | 3.73% | 0.90% | 0.05% | 0.72% | 0.29% |
Monthly Dividends
The table displays the monthly dividend distributions for Fidelity Growth Strategies Fund Class K. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $8.99 | $8.99 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Fidelity Growth Strategies Fund Class K. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Fidelity Growth Strategies Fund Class K was 54.37%, occurring on Nov 20, 2008. Recovery took 539 trading sessions.
The current Fidelity Growth Strategies Fund Class K drawdown is 3.80%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -54.37%Nov 2008 | 5mo 17d | 2y 1mo | 2y 7moJun 2008 - Jan 2011 |
Bear market2022 | -36.57%Jun 2022 | 7mo 1d | 2y 3mo | 2y 10moNov 2021 - Sep 2024 |
COVID crash2020 | -34.04%Mar 2020 | 1mo 2d | 3mo 29d | 5mo 1dFeb 2020 - Jul 2020 |
2025 selloff2025 | -31.00%Apr 2025 | 4mo | 6mo 22d | 10mo 22dDec 2024 - Oct 2025 |
2011 bear market2011 | -27.24%Oct 2011 | 2mo 10d | 1y 4mo | 1y 6moJul 2011 - Feb 2013 |
Drawdown Indicators
| FAGKX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.37% | -56.78% | +2.41% |
Max Drawdown (1Y)Largest decline over 1 year | -20.29% | -9.10% | -11.19% |
Max Drawdown (3Y)Largest decline over 3 years | -31.00% | -18.90% | -12.10% |
Max Drawdown (5Y)Largest decline over 5 years | -36.57% | -25.43% | -11.14% |
Max Drawdown (10Y)Largest decline over 10 years | -36.57% | -33.92% | -2.65% |
Current DrawdownCurrent decline from peak | -3.80% | -0.74% | -3.06% |
Average DrawdownAverage peak-to-trough decline | -10.11% | -10.72% | +0.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.89% | 1.97% | +5.92% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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