CMGIX vs. FXAIX
Compare and contrast key facts about BlackRock Mid-Cap Growth Equity Portfolio (CMGIX) and Fidelity 500 Index Fund (FXAIX).
CMGIX is managed by BlackRock. It was launched on Dec 27, 1996. FXAIX is a passively managed fund by Fidelity that tracks the performance of the S&P 500 Index. It was launched on Feb 17, 1988.
Performance
CMGIX vs. FXAIX - Performance Comparison
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CMGIX vs. FXAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
CMGIX BlackRock Mid-Cap Growth Equity Portfolio | -4.58% | 0.49% | 12.44% | 28.24% | -37.36% | 14.51% | 46.13% | 36.19% | 2.88% | 34.59% |
FXAIX Fidelity 500 Index Fund | -4.34% | 17.84% | 25.01% | 26.29% | -18.14% | 28.71% | 18.42% | 31.48% | -4.43% | 21.82% |
Returns By Period
In the year-to-date period, CMGIX achieves a -4.58% return, which is significantly lower than FXAIX's -4.34% return. Over the past 10 years, CMGIX has underperformed FXAIX with an annualized return of 11.40%, while FXAIX has yielded a comparatively higher 14.08% annualized return.
CMGIX
- 1D
- 4.24%
- 1M
- -8.56%
- YTD
- -4.58%
- 6M
- -9.13%
- 1Y
- 9.65%
- 3Y*
- 7.48%
- 5Y*
- -0.50%
- 10Y*
- 11.40%
FXAIX
- 1D
- 2.92%
- 1M
- -5.02%
- YTD
- -4.34%
- 6M
- -2.14%
- 1Y
- 17.32%
- 3Y*
- 18.30%
- 5Y*
- 11.79%
- 10Y*
- 14.08%
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CMGIX vs. FXAIX - Expense Ratio Comparison
CMGIX has a 0.80% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Return for Risk
CMGIX vs. FXAIX — Risk / Return Rank
CMGIX
FXAIX
CMGIX vs. FXAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock Mid-Cap Growth Equity Portfolio (CMGIX) and Fidelity 500 Index Fund (FXAIX). 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.
| CMGIX | FXAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.41 | 0.97 | -0.56 |
Sortino ratioReturn per unit of downside risk | 0.77 | 1.49 | -0.72 |
Omega ratioGain probability vs. loss probability | 1.10 | 1.23 | -0.13 |
Calmar ratioReturn relative to maximum drawdown | 0.54 | 1.52 | -0.98 |
Martin ratioReturn relative to average drawdown | 1.69 | 7.30 | -5.60 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| CMGIX | FXAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.41 | 0.97 | -0.56 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.02 | 0.70 | -0.72 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.78 | -0.29 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.76 | -0.38 |
Correlation
The correlation between CMGIX and FXAIX is 0.86, 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.
Dividends
CMGIX vs. FXAIX - Dividend Comparison
CMGIX's dividend yield for the trailing twelve months is around 22.22%, more than FXAIX's 1.16% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CMGIX BlackRock Mid-Cap Growth Equity Portfolio | 22.22% | 21.20% | 0.00% | 0.00% | 0.00% | 4.94% | 0.00% | 0.39% | 4.72% | 3.31% | 0.00% | 2.57% |
FXAIX Fidelity 500 Index Fund | 1.16% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
Drawdowns
CMGIX vs. FXAIX - Drawdown Comparison
The maximum CMGIX drawdown since its inception was -73.85%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for CMGIX and FXAIX.
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Drawdown Indicators
| CMGIX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -73.85% | -33.79% | -40.06% |
Max Drawdown (1Y)Largest decline over 1 year | -14.90% | -12.13% | -2.77% |
Max Drawdown (5Y)Largest decline over 5 years | -45.96% | -24.50% | -21.46% |
Max Drawdown (10Y)Largest decline over 10 years | -45.96% | -33.79% | -12.17% |
Current DrawdownCurrent decline from peak | -19.08% | -6.23% | -12.85% |
Average DrawdownAverage peak-to-trough decline | -28.76% | -3.83% | -24.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.77% | 2.53% | +2.24% |
Volatility
CMGIX vs. FXAIX - Volatility Comparison
BlackRock Mid-Cap Growth Equity Portfolio (CMGIX) has a higher volatility of 9.67% compared to Fidelity 500 Index Fund (FXAIX) at 5.34%. This indicates that CMGIX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| CMGIX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.67% | 5.34% | +4.33% |
Volatility (6M)Calculated over the trailing 6-month period | 17.04% | 9.53% | +7.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.09% | 18.32% | +7.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.00% | 16.92% | +8.08% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.33% | 18.05% | +5.28% |