BDAIX vs. FOCPX
Compare and contrast key facts about Baron Durable Advantage Fund (BDAIX) and Fidelity OTC Portfolio (FOCPX).
BDAIX is managed by Baron Capital Group, Inc.. It was launched on Dec 29, 2017. FOCPX is managed by Fidelity. It was launched on Dec 31, 1984.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BDAIX or FOCPX.
Key characteristics
| BDAIX | FOCPX | |
|---|---|---|
| YTD Return | 23.14% | 25.55% |
| 1Y Return | 36.25% | 38.17% |
| 3Y Return (Ann) | 11.39% | 5.92% |
| 5Y Return (Ann) | 18.29% | 19.26% |
| Sharpe Ratio | 2.54 | 2.23 |
| Sortino Ratio | 3.35 | 2.89 |
| Omega Ratio | 1.46 | 1.40 |
| Calmar Ratio | 4.50 | 2.19 |
| Martin Ratio | 19.87 | 8.84 |
| Ulcer Index | 1.90% | 4.53% |
| Daily Std Dev | 14.87% | 17.96% |
| Max Drawdown | -33.57% | -94.80% |
| Current Drawdown | -2.80% | -4.40% |
Correlation
The correlation between BDAIX and FOCPX is 0.91, 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
BDAIX vs. FOCPX - Performance Comparison
In the year-to-date period, BDAIX achieves a 23.14% return, which is significantly lower than FOCPX's 25.55% 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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BDAIX vs. FOCPX - Expense Ratio Comparison
BDAIX has a 1.48% expense ratio, which is higher than FOCPX's 0.80% expense ratio.
Risk-Adjusted Performance
BDAIX vs. FOCPX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baron Durable Advantage Fund (BDAIX) and Fidelity OTC Portfolio (FOCPX). 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
BDAIX vs. FOCPX - Dividend Comparison
BDAIX's dividend yield for the trailing twelve months is around 0.08%, less than FOCPX's 10.94% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BDAIX Baron Durable Advantage Fund | 0.08% | 0.10% | 0.00% | 0.33% | 0.12% | 0.00% | 0.37% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FOCPX Fidelity OTC Portfolio | 10.94% | 0.05% | 4.06% | 11.53% | 6.23% | 7.58% | 7.93% | 4.86% | 3.24% | 4.64% | 12.91% | 13.60% |
Drawdowns
BDAIX vs. FOCPX - Drawdown Comparison
The maximum BDAIX drawdown since its inception was -33.57%, smaller than the maximum FOCPX drawdown of -94.80%. Use the drawdown chart below to compare losses from any high point for BDAIX and FOCPX. For additional features, visit the drawdowns tool.
Volatility
BDAIX vs. FOCPX - Volatility Comparison
The current volatility for Baron Durable Advantage Fund (BDAIX) is 3.92%, while Fidelity OTC Portfolio (FOCPX) has a volatility of 4.59%. This indicates that BDAIX experiences smaller price fluctuations and is considered to be less risky than FOCPX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.