APGAX vs. FSKAX
Compare and contrast key facts about AB Large Cap Growth Fund Class A (APGAX) and Fidelity Total Market Index Fund (FSKAX).
APGAX is managed by AllianceBernstein. It was launched on Oct 1, 1996. FSKAX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: APGAX or FSKAX.
Key characteristics
| APGAX | FSKAX | |
|---|---|---|
| YTD Return | 6.99% | 5.19% |
| 1Y Return | 26.75% | 22.50% |
| 3Y Return (Ann) | 6.41% | 6.25% |
| 5Y Return (Ann) | 14.98% | 12.58% |
| 10Y Return (Ann) | 15.26% | 11.78% |
| Sharpe Ratio | 1.84 | 1.85 |
| Daily Std Dev | 14.61% | 12.18% |
| Max Drawdown | -67.19% | -35.01% |
| Current Drawdown | -6.71% | -4.41% |
Correlation
The correlation between APGAX and FSKAX is 0.92, 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.
Performance
APGAX vs. FSKAX - Performance Comparison
In the year-to-date period, APGAX achieves a 6.99% return, which is significantly higher than FSKAX's 5.19% return. Over the past 10 years, APGAX has outperformed FSKAX with an annualized return of 15.26%, while FSKAX has yielded a comparatively lower 11.78% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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APGAX vs. FSKAX - Expense Ratio Comparison
APGAX has a 0.84% expense ratio, which is higher than FSKAX's 0.02% expense ratio.
Risk-Adjusted Performance
APGAX vs. FSKAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Large Cap Growth Fund Class A (APGAX) and Fidelity Total Market Index Fund (FSKAX). 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.
Dividends
APGAX vs. FSKAX - Dividend Comparison
APGAX's dividend yield for the trailing twelve months is around 1.64%, more than FSKAX's 1.37% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
APGAX AB Large Cap Growth Fund Class A | 1.64% | 1.75% | 0.97% | 8.04% | 2.87% | 3.66% | 9.96% | 4.09% | 2.74% | 9.23% | 15.34% | 4.23% |
FSKAX Fidelity Total Market Index Fund | 1.37% | 1.41% | 1.62% | 1.15% | 1.45% | 1.94% | 2.54% | 2.33% | 2.43% | 2.49% | 1.63% | 1.54% |
Drawdowns
APGAX vs. FSKAX - Drawdown Comparison
The maximum APGAX drawdown since its inception was -67.19%, which is greater than FSKAX's maximum drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for APGAX and FSKAX. For additional features, visit the drawdowns tool.
Volatility
APGAX vs. FSKAX - Volatility Comparison
AB Large Cap Growth Fund Class A (APGAX) has a higher volatility of 5.22% compared to Fidelity Total Market Index Fund (FSKAX) at 4.07%. This indicates that APGAX's price experiences larger fluctuations and is considered to be riskier than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.