DTGRX vs. FAGAX

Last updated Jun 24, 2026

DTGRX (BNY Mellon Technology Growth Fund) and FAGAX (Fidelity Advisor Growth Opportunities Fund Class A) are both mutual funds - DTGRX is a Technology Equities fund managed by BNY Mellon, while FAGAX is a Large Cap Growth Equities fund actively managed by Fidelity. Over the past 10 years, DTGRX returned 24.04%/yr vs 22.68%/yr for FAGAX. Their correlation of 0.87 suggests significant overlap in exposure. DTGRX charges 1.16%/yr vs 0.96%/yr for FAGAX.

Performance

DTGRX vs. FAGAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BNY Mellon Technology Growth Fund (DTGRX) and Fidelity Advisor Growth Opportunities Fund Class A (FAGAX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DTGRX achieves a 35.71% return, which is significantly higher than FAGAX's 15.12% return. Over the past 10 years, DTGRX has outperformed FAGAX with an annualized return of 24.04%, while FAGAX has yielded a comparatively lower 22.68% annualized return.

DTGRX

• 1D: 0.54%
• 1M: 12.68%
• YTD: 35.71%
• 6M: 34.76%
• 1Y: 61.27%
• 3Y*: 38.25%
• 5Y*: 14.91%
• 10Y*: 24.04%

FAGAX

• 1D: -1.23%
• 1M: 2.71%
• YTD: 15.12%
• 6M: 13.92%
• 1Y: 34.98%
• 3Y*: 30.69%
• 5Y*: 11.68%
• 10Y*: 22.68%

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

DTGRX vs. FAGAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DTGRX BNY Mellon Technology Growth Fund	35.71%	27.20%	30.78%	59.98%	-46.44%	12.62%	69.80%	52.82%	-1.47%	42.50%
FAGAX Fidelity Advisor Growth Opportunities Fund Class A	15.12%	22.17%	38.71%	45.14%	-38.40%	11.31%	68.60%	40.26%	14.87%	34.66%

Correlation

The correlation between DTGRX and FAGAX is 0.85, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.85
Correlation (3Y) Calculated over the trailing 3-year period	0.91
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Oct 13, 1997	0.87

The correlation between DTGRX and FAGAX has been stable across timeframes, ranging from 0.85 to 0.94 - a consistent structural relationship.

Return for Risk

DTGRX vs. FAGAX — Risk / Return Rank

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

DTGRX

DTGRX Risk / Return Rank: 75
DTGRX Sharpe Ratio Rank: 85
DTGRX Sortino Ratio Rank: 67
DTGRX Omega Ratio Rank: 70
DTGRX Calmar Ratio Rank: 83
DTGRX Martin Ratio Rank: 73

FAGAX

FAGAX Risk / Return Rank: 42
FAGAX Sharpe Ratio Rank: 47
FAGAX Sortino Ratio Rank: 40
FAGAX Omega Ratio Rank: 42
FAGAX Calmar Ratio Rank: 39
FAGAX Martin Ratio Rank: 41

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.

DTGRX vs. FAGAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BNY Mellon Technology Growth Fund (DTGRX) and Fidelity Advisor Growth Opportunities Fund Class A (FAGAX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	DTGRX	FAGAX	Difference
Sharpe ratio: Return per unit of total volatility	2.55	1.85	+0.70
Sortino ratio: Return per unit of downside risk	3.10	2.45	+0.65
Omega ratio: Gain probability vs. loss probability	1.43	1.32	+0.10
Calmar ratio: Return relative to maximum drawdown	3.65	2.26	+1.39
Martin ratio: Return relative to average drawdown	12.94	8.29	+4.65

DTGRX vs. FAGAX - Sharpe Ratio Comparison

The current DTGRX Sharpe Ratio is 2.55, which is higher than the FAGAX Sharpe Ratio of 1.85. The chart below compares the historical Sharpe Ratios of DTGRX and FAGAX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

DTGRX vs. FAGAX - Drawdown Comparison

The maximum DTGRX drawdown since its inception was -83.23%, which is greater than FAGAX's maximum drawdown of -65.24%. Use the drawdown chart below to compare losses from any high point for DTGRX and FAGAX.

Drawdown Indicators

	DTGRX	FAGAX	Difference
Max Drawdown Largest peak-to-trough decline	-83.23%	-65.24%	-17.99%
Max Drawdown (1Y) Largest decline over 1 year	-17.27%	-16.19%	-1.08%
Max Drawdown (3Y) Largest decline over 3 years	-28.31%	-26.62%	-1.69%
Max Drawdown (5Y) Largest decline over 5 years	-52.92%	-44.70%	-8.22%
Max Drawdown (10Y) Largest decline over 10 years	-52.92%	-44.70%	-8.22%
Current Drawdown Current decline from peak	0.00%	-1.45%	+1.45%
Average Drawdown Average peak-to-trough decline	-38.68%	-15.18%	-23.50%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.86%	4.40%	+0.46%

Volatility

DTGRX vs. FAGAX - Volatility Comparison

BNY Mellon Technology Growth Fund (DTGRX) has a higher volatility of 13.04% compared to Fidelity Advisor Growth Opportunities Fund Class A (FAGAX) at 8.30%. This indicates that DTGRX's price experiences larger fluctuations and is considered to be riskier than FAGAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DTGRX	FAGAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.04%	8.30%	+4.74%
Volatility (6M) Calculated over the trailing 6-month period	20.56%	15.83%	+4.73%
Volatility (1Y) Calculated over the trailing 1-year period	24.74%	19.75%	+4.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.08%	25.05%	+4.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.24%	24.01%	+4.23%

DTGRX vs. FAGAX - Expense Ratio Comparison

DTGRX has a 1.16% expense ratio, which is higher than FAGAX's 0.96% expense ratio.

Dividends

DTGRX vs. FAGAX - Dividend Comparison

DTGRX's dividend yield for the trailing twelve months is around 8.87%, more than FAGAX's 3.57% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DTGRX BNY Mellon Technology Growth Fund	8.87%	12.04%	8.98%	0.00%	0.00%	21.32%	5.76%	34.25%	30.17%	9.91%	10.19%	6.52%
FAGAX Fidelity Advisor Growth Opportunities Fund Class A	3.57%	4.11%	0.00%	0.00%	0.00%	10.19%	5.45%	4.10%	11.99%	7.67%	15.44%	11.12%

Frequently Asked Questions

Can I hold both DTGRX and FAGAX in my portfolio?

DTGRX and FAGAX have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DTGRX or FAGAX?

DTGRX has higher volatility (13.04%) compared to FAGAX (8.30%). In terms of maximum drawdown, DTGRX dropped -83.23% vs FAGAX's -65.24%.

Which has better risk-adjusted returns?

DTGRX currently has the higher Sharpe Ratio (2.55 vs 1.85), 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.