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 managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CMGIX or FXAIX.
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.
Performance
CMGIX vs. FXAIX - Performance Comparison
Key characteristics
CMGIX:
0.89
FXAIX:
2.17
CMGIX:
1.29
FXAIX:
2.89
CMGIX:
1.16
FXAIX:
1.41
CMGIX:
0.54
FXAIX:
3.21
CMGIX:
3.64
FXAIX:
14.15
CMGIX:
4.51%
FXAIX:
1.92%
CMGIX:
18.53%
FXAIX:
12.50%
CMGIX:
-82.66%
FXAIX:
-33.79%
CMGIX:
-14.76%
FXAIX:
-2.20%
Returns By Period
In the year-to-date period, CMGIX achieves a 15.32% return, which is significantly lower than FXAIX's 26.49% return. Over the past 10 years, CMGIX has underperformed FXAIX with an annualized return of 10.61%, while FXAIX has yielded a comparatively higher 12.91% annualized return.
CMGIX
15.32%
-3.48%
13.18%
15.56%
8.03%
10.61%
FXAIX
26.49%
-0.16%
9.99%
26.93%
14.89%
12.91%
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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.
Risk-Adjusted Performance
CMGIX vs. FXAIX - Risk-Adjusted Performance 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.
Dividends
CMGIX vs. FXAIX - Dividend Comparison
CMGIX has not paid dividends to shareholders, while FXAIX's dividend yield for the trailing twelve months is around 0.88%.
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 500 Index Fund | 0.88% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
CMGIX vs. FXAIX - Drawdown Comparison
The maximum CMGIX drawdown since its inception was -82.66%, 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. For additional features, visit the drawdowns tool.
Volatility
CMGIX vs. FXAIX - Volatility Comparison
BlackRock Mid-Cap Growth Equity Portfolio (CMGIX) has a higher volatility of 7.09% compared to Fidelity 500 Index Fund (FXAIX) at 3.74%. 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.