CMGIX vs. FDEGX
Compare and contrast key facts about BlackRock Mid-Cap Growth Equity Portfolio (CMGIX) and Fidelity Growth Strategies Fund (FDEGX).
CMGIX is managed by Blackrock. It was launched on Dec 27, 1996. 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: CMGIX or FDEGX.
Correlation
The correlation between CMGIX and FDEGX is 0.93, 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
CMGIX vs. FDEGX - Performance Comparison
Key characteristics
CMGIX:
0.99
FDEGX:
1.87
CMGIX:
1.43
FDEGX:
2.52
CMGIX:
1.18
FDEGX:
1.33
CMGIX:
0.61
FDEGX:
1.18
CMGIX:
4.11
FDEGX:
10.92
CMGIX:
4.49%
FDEGX:
2.98%
CMGIX:
18.56%
FDEGX:
17.39%
CMGIX:
-82.66%
FDEGX:
-85.76%
CMGIX:
-14.57%
FDEGX:
-7.08%
Returns By Period
In the year-to-date period, CMGIX achieves a 15.58% return, which is significantly lower than FDEGX's 30.23% return. Over the past 10 years, CMGIX has outperformed FDEGX with an annualized return of 10.71%, while FDEGX has yielded a comparatively lower 8.77% annualized return.
CMGIX
15.58%
-0.09%
12.80%
16.64%
8.06%
10.71%
FDEGX
30.23%
-1.93%
15.53%
30.56%
7.33%
8.77%
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CMGIX vs. FDEGX - Expense Ratio Comparison
CMGIX has a 0.80% expense ratio, which is higher than FDEGX's 0.63% expense ratio.
Risk-Adjusted Performance
CMGIX vs. FDEGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Mid-Cap Growth Equity Portfolio (CMGIX) 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
CMGIX vs. FDEGX - Dividend Comparison
CMGIX has not paid dividends to shareholders, while FDEGX's dividend yield for the trailing twelve months is around 0.04%.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
BlackRock Mid-Cap Growth Equity Portfolio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Fidelity Growth Strategies Fund | 0.04% | 0.05% | 0.00% | 0.00% | 0.00% | 0.44% | 0.75% | 0.38% | 0.54% | 0.13% | 0.59% | 0.18% |
Drawdowns
CMGIX vs. FDEGX - Drawdown Comparison
The maximum CMGIX drawdown since its inception was -82.66%, roughly equal to the maximum FDEGX drawdown of -85.76%. Use the drawdown chart below to compare losses from any high point for CMGIX and FDEGX. For additional features, visit the drawdowns tool.
Volatility
CMGIX vs. FDEGX - Volatility Comparison
BlackRock Mid-Cap Growth Equity Portfolio (CMGIX) and Fidelity Growth Strategies Fund (FDEGX) have volatilities of 7.43% and 7.15%, 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.