Fidelity Mega Cap Stock Fund (FGRTX)

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The chart shows the growth of an initial investment of $10,000 in Fidelity Mega Cap Stock 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 Mega Cap Stock Fund (FGRTX) has returned -5.09% so far this year and 23.05% over the past 12 months. Looking at the last ten years, FGRTX has achieved an annualized return of 14.99%, outperforming the S&P 500 Index benchmark, which averaged 12.16% per year.

Based on dividend-adjusted daily data since Dec 28, 1998, FGRTX's average daily return is +0.04%, while the average monthly return is +0.77%. At this rate, your investment would double in approximately 7.5 years.

Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +15.9%, while the worst month was Oct 2008 at -15.9%. The longest winning streak lasted 9 consecutive months, and the longest losing streak was 5 months.

On a daily basis, FGRTX closed higher 51% of trading days. The best single day was Oct 13, 2008 with a return of +11.6%, while the worst single day was Mar 16, 2020 at -11.2%.

Fidelity Mega Cap Stock Fund has an annualized alpha of 2.34%, beta of 0.95, and R² of 0.95 versus S&P 500 Index. Calculated based on daily prices since December 29, 1998.

• This fund captured 102.11% of S&P 500 Index gains but only 92.63% of its losses — a favorable profile for investors.
• This fund generated an annualized alpha of 2.34% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• With beta of 0.95 and R² of 0.95, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

FGRTX has an expense ratio of 0.61%, placing it in the medium range.

FGRTX ranks 75 for risk / return — better than 75% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for Fidelity Mega Cap Stock Fund (FGRTX) and compare them to a chosen benchmark (S&P 500 Index).

Fidelity Mega Cap Stock Fund provided a 4.10% dividend yield over the last twelve months, with an annual payout of $1.22 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Fidelity Mega Cap Stock 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 Mega Cap Stock 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 Mega Cap Stock Fund was 56.17%, occurring on Mar 9, 2009. Recovery took 762 trading sessions.

The current Fidelity Mega Cap Stock Fund drawdown is 8.99%.

The chart below shows the rolling one-month volatility.