CHCLX vs. FDEGX
Compare and contrast key facts about AB Discovery Growth Fund (CHCLX) and Fidelity Growth Strategies Fund (FDEGX).
CHCLX is managed by AllianceBernstein. It was launched on Jul 7, 1938. FDEGX is managed by Fidelity. It was launched on Dec 28, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CHCLX or FDEGX.
Correlation
The correlation between CHCLX and FDEGX is 0.87, 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
CHCLX vs. FDEGX - Performance Comparison
Key characteristics
CHCLX:
1.15
FDEGX:
1.25
CHCLX:
1.65
FDEGX:
1.66
CHCLX:
1.20
FDEGX:
1.24
CHCLX:
0.56
FDEGX:
1.08
CHCLX:
5.22
FDEGX:
4.78
CHCLX:
4.21%
FDEGX:
5.17%
CHCLX:
19.13%
FDEGX:
19.75%
CHCLX:
-75.96%
FDEGX:
-85.76%
CHCLX:
-25.69%
FDEGX:
-8.40%
Returns By Period
In the year-to-date period, CHCLX achieves a 4.76% return, which is significantly lower than FDEGX's 9.16% return. Over the past 10 years, CHCLX has underperformed FDEGX with an annualized return of 3.14%, while FDEGX has yielded a comparatively higher 8.51% annualized return.
CHCLX
4.76%
3.18%
15.90%
18.80%
1.97%
3.14%
FDEGX
9.16%
7.40%
18.75%
22.30%
6.95%
8.51%
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CHCLX vs. FDEGX - Expense Ratio Comparison
CHCLX has a 0.91% expense ratio, which is higher than FDEGX's 0.63% expense ratio.
Risk-Adjusted Performance
CHCLX vs. FDEGX — Risk-Adjusted Performance Rank
CHCLX
FDEGX
CHCLX vs. FDEGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for AB Discovery Growth Fund (CHCLX) and Fidelity Growth Strategies Fund (FDEGX). 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
CHCLX vs. FDEGX - Dividend Comparison
Neither CHCLX nor FDEGX has paid dividends to shareholders.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
CHCLX AB Discovery Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FDEGX Fidelity Growth Strategies Fund | 0.00% | 0.00% | 0.05% | 0.00% | 0.00% | 0.00% | 0.44% | 0.75% | 0.38% | 0.54% | 0.13% | 0.59% |
Drawdowns
CHCLX vs. FDEGX - Drawdown Comparison
The maximum CHCLX drawdown since its inception was -75.96%, smaller than the maximum FDEGX drawdown of -85.76%. Use the drawdown chart below to compare losses from any high point for CHCLX and FDEGX. For additional features, visit the drawdowns tool.
Volatility
CHCLX vs. FDEGX - Volatility Comparison
AB Discovery Growth Fund (CHCLX) and Fidelity Growth Strategies Fund (FDEGX) have volatilities of 6.06% and 6.34%, 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.