DUSQX vs. FGRTX

Last updated Jul 14, 2026

DUSQX (DFA U.S. Large Cap Equity Portfolio) and FGRTX (Fidelity Mega Cap Stock Fund) are both Large Cap Blend Equities funds. Over the past 10 years, DUSQX returned 14.74%/yr vs 16.45%/yr for FGRTX. Their correlation of 0.94 suggests significant overlap in exposure. DUSQX charges 0.13%/yr vs 0.58%/yr for FGRTX.

Performance

DUSQX vs. FGRTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DFA U.S. Large Cap Equity Portfolio (DUSQX) and Fidelity Mega Cap Stock Fund (FGRTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with DUSQX having a 11.61% return and FGRTX slightly higher at 11.71%. Over the past 10 years, DUSQX has underperformed FGRTX with an annualized return of 14.74%, while FGRTX has yielded a comparatively higher 16.45% annualized return.

DUSQX

• 1D: 0.44%
• 1M: 1.99%
• 6M: 9.36%
• YTD: 11.61%
• 1Y: 22.10%
• 3Y*: 20.54%
• 5Y*: 12.23%
• 10Y*: 14.74%

FGRTX

• 1D: 0.63%
• 1M: 2.80%
• 6M: 8.79%
• YTD: 11.71%
• 1Y: 24.63%
• 3Y*: 25.05%
• 5Y*: 16.59%
• 10Y*: 16.45%

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

DUSQX vs. FGRTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DUSQX DFA U.S. Large Cap Equity Portfolio	11.61%	16.76%	24.25%	24.23%	-16.85%	24.31%	18.89%	31.52%	-6.22%	22.09%
FGRTX Fidelity Mega Cap Stock Fund	11.71%	26.92%	25.98%	26.51%	-8.98%	26.29%	12.96%	31.07%	-7.44%	16.98%

Correlation

The correlation between DUSQX and FGRTX is 0.91, 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	0.91
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.93
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014	0.94

The correlation between DUSQX and FGRTX has been stable across timeframes, ranging from 0.91 to 0.95 - a consistent structural relationship.

Return for Risk

DUSQX vs. FGRTX — Risk / Return Rank

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

DUSQX

DUSQX Risk / Return Rank: 72
DUSQX Sharpe Ratio Rank: 71
DUSQX Sortino Ratio Rank: 69
DUSQX Omega Ratio Rank: 67
DUSQX Calmar Ratio Rank: 72
DUSQX Martin Ratio Rank: 82

FGRTX

FGRTX Risk / Return Rank: 76
FGRTX Sharpe Ratio Rank: 76
FGRTX Sortino Ratio Rank: 73
FGRTX Omega Ratio Rank: 72
FGRTX Calmar Ratio Rank: 76
FGRTX Martin Ratio Rank: 84

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.

DUSQX vs. FGRTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DFA U.S. Large Cap Equity Portfolio (DUSQX) and Fidelity Mega Cap Stock Fund (FGRTX). 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.

	DUSQX	FGRTX	Difference
Sharpe ratio: Return per unit of total volatility	1.87	1.97	-0.10
Sortino ratio: Return per unit of downside risk	2.60	2.73	-0.13
Omega ratio: Gain probability vs. loss probability	1.34	1.35	-0.02
Calmar ratio: Return relative to maximum drawdown	2.63	2.74	-0.11
Martin ratio: Return relative to average drawdown	11.68	12.00	-0.32

DUSQX vs. FGRTX - Sharpe Ratio Comparison

The current DUSQX Sharpe Ratio is 1.87, which is comparable to the FGRTX Sharpe Ratio of 1.97. The chart below compares the historical Sharpe Ratios of DUSQX and FGRTX, 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

DUSQX vs. FGRTX - Drawdown Comparison

The maximum DUSQX drawdown since its inception was -34.83%, smaller than the maximum FGRTX drawdown of -56.17%. Use the drawdown chart below to compare losses from any high point for DUSQX and FGRTX.

Drawdown Indicators

	DUSQX	FGRTX	Difference
Max Drawdown Largest peak-to-trough decline	-34.83%	-56.17%	+21.34%
Max Drawdown (1Y) Largest decline over 1 year	-8.32%	-8.99%	+0.67%
Max Drawdown (3Y) Largest decline over 3 years	-19.00%	-18.51%	-0.49%
Max Drawdown (5Y) Largest decline over 5 years	-24.05%	-23.35%	-0.70%
Max Drawdown (10Y) Largest decline over 10 years	-34.83%	-35.18%	+0.35%
Current Drawdown Current decline from peak	-0.03%	0.00%	-0.03%
Average Drawdown Average peak-to-trough decline	-4.11%	-8.69%	+4.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.86%	2.05%	-0.19%

Volatility

DUSQX vs. FGRTX - Volatility Comparison

DFA U.S. Large Cap Equity Portfolio (DUSQX) and Fidelity Mega Cap Stock Fund (FGRTX) have volatilities of 3.93% and 4.00%, 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.

Volatility by Period

	DUSQX	FGRTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.93%	4.00%	-0.07%
Volatility (6M) Calculated over the trailing 6-month period	9.49%	9.66%	-0.17%
Volatility (1Y) Calculated over the trailing 1-year period	11.73%	12.55%	-0.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.75%	16.74%	+0.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.64%	18.05%	-0.41%

DUSQX vs. FGRTX - Expense Ratio Comparison

DUSQX has a 0.13% expense ratio, which is lower than FGRTX's 0.58% expense ratio.

Dividends

DUSQX vs. FGRTX - Dividend Comparison

DUSQX's dividend yield for the trailing twelve months is around 0.93%, less than FGRTX's 3.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DUSQX DFA U.S. Large Cap Equity Portfolio	0.93%	0.98%	1.11%	4.95%	4.84%	2.45%	1.42%	1.65%	1.79%	1.62%	1.80%	1.75%
FGRTX Fidelity Mega Cap Stock Fund	3.48%	3.89%	2.68%	2.06%	4.38%	4.79%	7.96%	12.98%	21.72%	15.57%	1.97%	4.16%

Frequently Asked Questions

Can I hold both DUSQX and FGRTX in my portfolio?

With a correlation of 0.91, DUSQX and FGRTX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, DUSQX or FGRTX?

FGRTX has higher volatility (4.00%) compared to DUSQX (3.93%). In terms of maximum drawdown, DUSQX dropped -34.83% vs FGRTX's -56.17%.

Which has better risk-adjusted returns?

FGRTX currently has the higher Sharpe Ratio (1.97 vs 1.87), 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.