CHASX vs. FNCMX

Last updated Aug 4, 2026

CHASX (Chase Growth Fund) and FNCMX (Fidelity NASDAQ Composite Index Fund) are both Large Cap Growth Equities funds. Over the past 10 years, CHASX returned 19.53%/yr vs 18.21%/yr for FNCMX. Their correlation of 0.87 means they have usually moved in the same direction. CHASX charges 1.14%/yr vs 0.29%/yr for FNCMX.

Performance

CHASX vs. FNCMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Chase Growth Fund (CHASX) and Fidelity NASDAQ Composite Index Fund (FNCMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, CHASX achieves a 22.03% return, which is significantly higher than FNCMX's 9.51% return. Over the past 10 years, CHASX has outperformed FNCMX with an annualized return of 19.53%, while FNCMX has yielded a comparatively lower 18.21% annualized return.

CHASX

• 1D: -0.36%
• 1M: -1.13%
• 6M: 17.35%
• YTD: 22.03%
• 1Y: 37.02%
• 3Y*: 37.76%
• 5Y*: 20.74%
• 10Y*: 19.53%
• ALL TIME*: 11.36%

FNCMX

• 1D: 1.01%
• 1M: -1.78%
• 6M: 7.87%
• YTD: 9.51%
• 1Y: 23.59%
• 3Y*: 22.03%
• 5Y*: 12.51%
• 10Y*: 18.21%
• ALL TIME*: 11.98%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CHASX Chase Growth Fund	$0.00	$0.00	$0.00
FNCMX Fidelity NASDAQ Composite Index Fund	$0.00	$0.00	$0.00

CHASX vs. FNCMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CHASX Chase Growth Fund	22.03%	20.61%	64.71%	25.91%	-20.41%	22.32%	18.27%	42.63%	-3.96%	24.49%
FNCMX Fidelity NASDAQ Composite Index Fund	9.51%	21.11%	29.48%	45.13%	-32.40%	22.21%	44.57%	36.63%	-3.07%	28.35%

Correlation

The correlation between CHASX and FNCMX is 0.84, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.84
Correlation (3Y) Balances recent behavior with more history.	0.87
Correlation (5Y) Shows whether the relationship held over a longer period.	0.87
Correlation (10Y) Provides a long-term view across more market conditions.	0.89
Correlation (All Time) Calculated using the full available price history since Jan 8, 2003	0.87

The correlation between CHASX and FNCMX has been stable across timeframes, ranging from 0.84 to 0.89 - a consistent structural relationship.

Return for Risk

CHASX vs. FNCMX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

CHASX

CHASX Risk / Return Rank: 79
CHASX Sharpe Ratio Rank: 75
CHASX Sortino Ratio Rank: 70
CHASX Omega Ratio Rank: 66
CHASX Calmar Ratio Rank: 90
CHASX Martin Ratio Rank: 92

FNCMX

FNCMX Risk / Return Rank: 33
FNCMX Sharpe Ratio Rank: 33
FNCMX Sortino Ratio Rank: 32
FNCMX Omega Ratio Rank: 31
FNCMX Calmar Ratio Rank: 35
FNCMX Martin Ratio Rank: 34

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

CHASX vs. FNCMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Chase Growth Fund (CHASX) and Fidelity NASDAQ Composite Index Fund (FNCMX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	CHASX	FNCMX	Difference
Sharpe ratio: Return per unit of total volatility	1.81	1.13	+0.68
Sortino ratio: Return per unit of downside risk	2.48	1.62	+0.86
Omega ratio: Gain probability vs. loss probability	1.31	1.20	+0.11
Calmar ratio: Return relative to maximum drawdown	3.53	1.61	+1.93
Martin ratio: Return relative to average drawdown	13.91	5.37	+8.54

CHASX vs. FNCMX - Sharpe Ratio Comparison

The current CHASX Sharpe Ratio is 1.81, which is higher than the FNCMX Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of CHASX and FNCMX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

CHASX vs. FNCMX - Drawdown Comparison

The maximum CHASX drawdown since its inception was -45.94%, smaller than the maximum FNCMX drawdown of -55.08%. Use the drawdown chart below to compare losses from any high point for CHASX and FNCMX.

Drawdown Indicators

	CHASX	FNCMX	Difference
Max Drawdown Largest peak-to-trough decline	-45.94%	-55.08%	+9.14%
Max Drawdown (1Y) Largest decline over 1 year	-9.90%	-13.01%	+3.11%
Max Drawdown (3Y) Largest decline over 3 years	-23.40%	-24.20%	+0.80%
Max Drawdown (5Y) Largest decline over 5 years	-24.63%	-35.64%	+11.01%
Max Drawdown (10Y) Largest decline over 10 years	-30.40%	-35.64%	+5.24%
Current Drawdown Current decline from peak	-4.08%	-6.26%	+2.18%
Average Drawdown Average peak-to-trough decline	-9.11%	-7.84%	-1.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	3.89%	-1.38%

Volatility

CHASX vs. FNCMX - Volatility Comparison

Chase Growth Fund (CHASX) has a higher volatility of 6.26% compared to Fidelity NASDAQ Composite Index Fund (FNCMX) at 5.74%. This indicates that CHASX's price experiences larger fluctuations and is considered to be riskier than FNCMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CHASX	FNCMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.26%	5.74%	+0.52%
Volatility (6M) Calculated over the trailing 6-month period	15.31%	14.71%	+0.60%
Volatility (1Y) Calculated over the trailing 1-year period	19.29%	18.45%	+0.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.52%	22.78%	-2.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.04%	22.15%	-2.11%

CHASX vs. FNCMX - Expense Ratio Comparison

CHASX has a 1.14% expense ratio, which is higher than FNCMX's 0.29% expense ratio.

Dividends

CHASX vs. FNCMX - Dividend Comparison

CHASX's dividend yield for the trailing twelve months is around 7.47%, more than FNCMX's 0.47% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CHASX Chase Growth Fund	7.47%	9.12%	36.67%	5.80%	5.49%	20.15%	7.83%	22.82%	12.92%	11.92%	9.14%	10.24%
FNCMX Fidelity NASDAQ Composite Index Fund	0.47%	0.51%	0.61%	0.67%	0.88%	0.47%	0.67%	4.41%	1.93%	0.03%	1.01%	1.50%

Frequently Asked Questions

Can I hold both CHASX and FNCMX in my portfolio?

CHASX and FNCMX have a correlation of 0.84, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, CHASX or FNCMX?

CHASX has higher volatility (6.26%) compared to FNCMX (5.74%). In terms of maximum drawdown, CHASX dropped -45.94% vs FNCMX's -55.08%.

Which has better risk-adjusted returns?

CHASX currently has the higher Sharpe Ratio (1.81 vs 1.13), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.