DIVB vs. FCGSX

Last updated Jun 4, 2026

DIVB (iShares U.S. Dividend and Buyback ETF) and FCGSX (Fidelity Series Growth Company Fund) are both funds - DIVB is a Large Cap Blend Equities fund tracking the Morningstar US Dividend and Buyback Index, while FCGSX is a Large Cap Growth Equities fund managed by Fidelity. Over the past 5 years, DIVB returned 12.19%/yr vs 19.86%/yr for FCGSX. A 0.63 correlation means they provide meaningful diversification when combined. DIVB charges 0.25%/yr vs 0.00%/yr for FCGSX.

Performance

DIVB vs. FCGSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares U.S. Dividend and Buyback ETF (DIVB) and Fidelity Series Growth Company Fund (FCGSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DIVB achieves a 17.35% return, which is significantly lower than FCGSX's 23.92% return.

DIVB

• 1D: -0.56%
• 1M: 8.55%
• YTD: 17.35%
• 6M: 17.71%
• 1Y: 29.81%
• 3Y*: 22.07%
• 5Y*: 12.19%
• 10Y*: —

FCGSX

• 1D: 0.06%
• 1M: 8.76%
• YTD: 23.92%
• 6M: 25.96%
• 1Y: 56.65%
• 3Y*: 34.73%
• 5Y*: 19.86%
• 10Y*: 24.67%

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

DIVB vs. FCGSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DIVB iShares U.S. Dividend and Buyback ETF	17.35%	15.09%	18.59%	13.27%	-10.51%	31.29%	10.78%	32.72%	-8.16%	5.95%
FCGSX Fidelity Series Growth Company Fund	23.92%	25.52%	38.00%	45.97%	-32.15%	25.13%	70.01%	39.75%	-4.03%	2.89%

Correlation

The correlation between DIVB and FCGSX is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.45
Correlation (5Y) Calculated over the trailing 5-year period	0.63
Correlation (All Time) Calculated using the full available price history since Nov 10, 2017	0.63

Over the past year, the correlation between DIVB and FCGSX has dropped to 0.38 - well below their long-term average of 0.63, suggesting their price drivers have been diverging.

Return for Risk

DIVB vs. FCGSX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DIVB

DIVB Risk / Return Rank: 79
DIVB Sharpe Ratio Rank: 80
DIVB Sortino Ratio Rank: 82
DIVB Omega Ratio Rank: 77
DIVB Calmar Ratio Rank: 82
DIVB Martin Ratio Rank: 76

FCGSX

FCGSX Risk / Return Rank: 91
FCGSX Sharpe Ratio Rank: 95
FCGSX Sortino Ratio Rank: 86
FCGSX Omega Ratio Rank: 82
FCGSX Calmar Ratio Rank: 94
FCGSX Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DIVB vs. FCGSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares U.S. Dividend and Buyback ETF (DIVB) and Fidelity Series Growth Company Fund (FCGSX). 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.

	DIVB	FCGSX	Difference
Sharpe ratio: Return per unit of total volatility	2.65	3.32	-0.67
Sortino ratio: Return per unit of downside risk	3.73	4.10	-0.37
Omega ratio: Gain probability vs. loss probability	1.47	1.54	-0.08
Calmar ratio: Return relative to maximum drawdown	4.39	5.62	-1.23
Martin ratio: Return relative to average drawdown	14.95	25.64	-10.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DIVB vs. FCGSX - Sharpe Ratio Comparison

The current DIVB Sharpe Ratio is 2.65, which is comparable to the FCGSX Sharpe Ratio of 3.32. The chart below compares the historical Sharpe Ratios of DIVB and FCGSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DIVB	FCGSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.65	3.32	-0.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	0.84	-0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	1.07	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.98	-0.22

Drawdowns

DIVB vs. FCGSX - Drawdown Comparison

The maximum DIVB drawdown since its inception was -36.93%, roughly equal to the maximum FCGSX drawdown of -38.77%. Use the drawdown chart below to compare losses from any high point for DIVB and FCGSX.

Drawdown Indicators

	DIVB	FCGSX	Difference
Max Drawdown Largest peak-to-trough decline	-36.93%	-38.77%	+1.84%
Max Drawdown (1Y) Largest decline over 1 year	-6.82%	-10.42%	+3.60%
Max Drawdown (3Y) Largest decline over 3 years	-15.45%	-26.07%	+10.62%
Max Drawdown (5Y) Largest decline over 5 years	-21.08%	-38.77%	+17.69%
Max Drawdown (10Y) Largest decline over 10 years	—	-38.77%	—
Current Drawdown Current decline from peak	-0.56%	0.00%	-0.56%
Average Drawdown Average peak-to-trough decline	-4.99%	-6.96%	+1.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.00%	2.28%	-0.28%

Volatility

DIVB vs. FCGSX - Volatility Comparison

The current volatility for iShares U.S. Dividend and Buyback ETF (DIVB) is 3.34%, while Fidelity Series Growth Company Fund (FCGSX) has a volatility of 4.38%. This indicates that DIVB experiences smaller price fluctuations and is considered to be less risky than FCGSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DIVB	FCGSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.34%	4.38%	-1.04%
Volatility (6M) Calculated over the trailing 6-month period	8.44%	13.35%	-4.91%
Volatility (1Y) Calculated over the trailing 1-year period	11.33%	17.66%	-6.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.23%	23.66%	-8.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.38%	23.24%	-4.86%

DIVB vs. FCGSX - Expense Ratio Comparison

DIVB has a 0.25% expense ratio, which is higher than FCGSX's 0.00% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

DIVB vs. FCGSX - Dividend Comparison

DIVB's dividend yield for the trailing twelve months is around 2.19%, less than FCGSX's 8.45% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DIVB iShares U.S. Dividend and Buyback ETF	2.19%	2.50%	2.61%	3.18%	2.02%	1.63%	2.08%	2.07%	2.52%	0.37%	0.00%	0.00%
FCGSX Fidelity Series Growth Company Fund	8.45%	10.48%	12.49%	3.13%	0.61%	38.65%	31.99%	11.06%	13.21%	10.51%	2.44%	0.25%

Frequently Asked Questions

Can I hold both DIVB and FCGSX in my portfolio?

DIVB and FCGSX have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DIVB or FCGSX?

FCGSX has higher volatility (4.38%) compared to DIVB (3.34%). In terms of maximum drawdown, DIVB dropped -36.93% vs FCGSX's -38.77%.

Which has better risk-adjusted returns?

FCGSX currently has the higher Sharpe Ratio (3.32 vs 2.65), 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.