APGAX vs. FSPGX
Compare and contrast key facts about AB Large Cap Growth Fund Class A (APGAX) and Fidelity Large Cap Growth Index Fund (FSPGX).
APGAX is managed by AllianceBernstein. It was launched on Oct 1, 1996. FSPGX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: APGAX or FSPGX.
Key characteristics
| APGAX | FSPGX | |
|---|---|---|
| YTD Return | 6.99% | 6.68% |
| 1Y Return | 26.75% | 31.85% |
| 3Y Return (Ann) | 6.41% | 8.49% |
| 5Y Return (Ann) | 14.98% | 16.69% |
| Sharpe Ratio | 1.84 | 2.11 |
| Daily Std Dev | 14.61% | 15.11% |
| Max Drawdown | -67.19% | -32.66% |
| Current Drawdown | -6.71% | -4.81% |
Correlation
The correlation between APGAX and FSPGX is 0.97, 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. FSPGX - Performance Comparison
The year-to-date returns for both stocks are quite close, with APGAX having a 6.99% return and FSPGX slightly lower at 6.68%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
APGAX vs. FSPGX - Expense Ratio Comparison
APGAX has a 0.84% expense ratio, which is higher than FSPGX's 0.04% expense ratio.
Risk-Adjusted Performance
APGAX vs. FSPGX - 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 Large Cap Growth Index Fund (FSPGX). 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. FSPGX - Dividend Comparison
APGAX's dividend yield for the trailing twelve months is around 1.64%, more than FSPGX's 0.69% 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% |
FSPGX Fidelity Large Cap Growth Index Fund | 0.69% | 0.73% | 0.86% | 2.22% | 1.76% | 1.04% | 1.47% | 1.22% | 0.29% | 0.00% | 0.00% | 0.00% |
Drawdowns
APGAX vs. FSPGX - Drawdown Comparison
The maximum APGAX drawdown since its inception was -67.19%, which is greater than FSPGX's maximum drawdown of -32.66%. Use the drawdown chart below to compare losses from any high point for APGAX and FSPGX. For additional features, visit the drawdowns tool.
Volatility
APGAX vs. FSPGX - Volatility Comparison
AB Large Cap Growth Fund Class A (APGAX) and Fidelity Large Cap Growth Index Fund (FSPGX) have volatilities of 5.22% and 5.28%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.