Fidelity Growth Strategies Fund (FDEGX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in Fidelity Growth Strategies Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Fidelity Growth Strategies Fund (FDEGX) has returned -7.25% so far this year and 3.75% over the past 12 months. Over the last ten years, FDEGX has returned 10.27% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Dec 28, 1990, FDEGX's average daily return is +0.05%, while the average monthly return is +0.95%. At this rate, your investment would double in approximately 6.1 years.

Historically, 60% of months were positive and 40% were negative. The best month was Apr 2001 with a return of +21.4%, while the worst month was Nov 2000 at -22.9%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 6 months.

On a daily basis, FDEGX 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%.

Fidelity Growth Strategies Fund has an annualized alpha of 0.25%, beta of 1.14, and R² of 0.72 versus S&P 500 Index. Calculated based on daily prices since December 31, 1990.

• This fund captured 131.58% of S&P 500 Index gains and 126.35% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• With beta of 1.14 and R² of 0.72, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

FDEGX has an expense ratio of 0.63%, placing it in the medium range.

FDEGX ranks 7 for risk / return — in the bottom 7% 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.

The table below present risk-adjusted performance metrics for Fidelity Growth Strategies Fund (FDEGX) and compare them to a chosen benchmark (S&P 500 Index).

Fidelity Growth Strategies Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.

The table displays the monthly dividend distributions for Fidelity Growth Strategies Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Fidelity Growth Strategies Fund. 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 was 85.96%, occurring on Oct 7, 2002. Recovery took 4508 trading sessions.

The current Fidelity Growth Strategies Fund drawdown is 20.45%.

The chart below shows the rolling one-month volatility.