BFGFX vs. FSMD
Compare and contrast key facts about Baron Focused Growth Fund (BFGFX) and Fidelity Small-Mid Multifactor ETF (FSMD).
BFGFX is managed by Baron Capital Group, Inc.. It was launched on Jun 30, 2008. FSMD is a passively managed fund by Fidelity that tracks the performance of the Fidelity Small-Mid Multifactor Index. It was launched on Feb 26, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BFGFX or FSMD.
Correlation
The correlation between BFGFX and FSMD is 0.72, 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
BFGFX vs. FSMD - Performance Comparison
Key characteristics
BFGFX:
2.19
FSMD:
1.43
BFGFX:
3.16
FSMD:
2.06
BFGFX:
1.42
FSMD:
1.25
BFGFX:
0.98
FSMD:
2.53
BFGFX:
15.07
FSMD:
6.96
BFGFX:
2.38%
FSMD:
3.27%
BFGFX:
16.36%
FSMD:
15.97%
BFGFX:
-56.92%
FSMD:
-40.67%
BFGFX:
-12.41%
FSMD:
-4.84%
Returns By Period
In the year-to-date period, BFGFX achieves a 1.36% return, which is significantly lower than FSMD's 3.33% return.
BFGFX
1.36%
0.44%
24.64%
33.92%
17.22%
13.16%
FSMD
3.33%
2.73%
7.10%
20.75%
10.85%
N/A
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BFGFX vs. FSMD - Expense Ratio Comparison
BFGFX has a 1.32% expense ratio, which is higher than FSMD's 0.29% expense ratio.
Risk-Adjusted Performance
BFGFX vs. FSMD — Risk-Adjusted Performance Rank
BFGFX
FSMD
BFGFX vs. FSMD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Baron Focused Growth Fund (BFGFX) and Fidelity Small-Mid Multifactor ETF (FSMD). 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
BFGFX vs. FSMD - Dividend Comparison
BFGFX has not paid dividends to shareholders, while FSMD's dividend yield for the trailing twelve months is around 1.25%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
BFGFX Baron Focused Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.16% |
FSMD Fidelity Small-Mid Multifactor ETF | 1.25% | 1.29% | 1.37% | 1.54% | 1.18% | 1.32% | 1.37% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
BFGFX vs. FSMD - Drawdown Comparison
The maximum BFGFX drawdown since its inception was -56.92%, which is greater than FSMD's maximum drawdown of -40.67%. Use the drawdown chart below to compare losses from any high point for BFGFX and FSMD. For additional features, visit the drawdowns tool.
Volatility
BFGFX vs. FSMD - Volatility Comparison
Baron Focused Growth Fund (BFGFX) has a higher volatility of 5.72% compared to Fidelity Small-Mid Multifactor ETF (FSMD) at 5.43%. This indicates that BFGFX's price experiences larger fluctuations and is considered to be riskier than FSMD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.