EFV vs. FDGRX

Last updated Jun 18, 2026

EFV (iShares MSCI EAFE Value ETF) and FDGRX (Fidelity Growth Company Fund) are both funds - EFV is a Foreign Large Cap Equities fund tracking the MSCI EAFE Value Index (Net), while FDGRX is a Large Cap Growth Equities fund actively managed by Fidelity. EFV is passively managed, while FDGRX is actively managed. Over the past 10 years, EFV returned 10.27%/yr vs 23.23%/yr for FDGRX. A 0.67 correlation means they provide meaningful diversification when combined. EFV charges 0.31%/yr vs 0.52%/yr for FDGRX.

Performance

EFV vs. FDGRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares MSCI EAFE Value ETF (EFV) and Fidelity Growth Company Fund (FDGRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EFV achieves a 10.38% return, which is significantly lower than FDGRX's 22.31% return. Over the past 10 years, EFV has underperformed FDGRX with an annualized return of 10.27%, while FDGRX has yielded a comparatively higher 23.23% annualized return.

EFV

• 1D: -0.81%
• 1M: 0.81%
• YTD: 10.38%
• 6M: 12.23%
• 1Y: 30.17%
• 3Y*: 21.13%
• 5Y*: 13.24%
• 10Y*: 10.27%

FDGRX

• 1D: -1.17%
• 1M: 3.47%
• YTD: 22.31%
• 6M: 20.57%
• 1Y: 46.04%
• 3Y*: 29.83%
• 5Y*: 16.15%
• 10Y*: 23.23%

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

EFV vs. FDGRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EFV iShares MSCI EAFE Value ETF	10.38%	42.22%	5.35%	18.85%	-5.22%	11.08%	-2.97%	15.80%	-14.67%	21.22%
FDGRX Fidelity Growth Company Fund	22.31%	18.54%	37.18%	47.25%	-33.86%	22.57%	67.42%	38.40%	-4.14%	36.76%

Correlation

The correlation between EFV and FDGRX is 0.51, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.51
Correlation (3Y) Calculated over the trailing 3-year period	0.47
Correlation (5Y) Calculated over the trailing 5-year period	0.55
Correlation (10Y) Calculated over the trailing 10-year period	0.56
Correlation (All Time) Calculated using the full available price history since Aug 5, 2005	0.67

The correlation between EFV and FDGRX shifts across timeframes, from 0.47 (3 years) to 0.67 (all time), reflecting how their relationship changes across market environments.

EFV vs. FDGRX - Sectors Allocation Comparison

Sectors	EFV	FDGRX
Financial Services	37.7%	3.0%
Industrials	10.4%	2.7%
Consumer Defensive	9.2%	2.6%
Healthcare	7.4%	11.3%
Energy	6.8%	0.5%
Basic Materials	6.4%	0.6%
Consumer Cyclical	6.1%	11.5%
Utilities	5.9%	-
Communication Services	4.4%	14.1%
Technology	3.0%	53.5%
Real Estate	2.8%	0.2%

Return for Risk

EFV vs. FDGRX — Risk / Return Rank

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

EFV

EFV Risk / Return Rank: 65
EFV Sharpe Ratio Rank: 70
EFV Sortino Ratio Rank: 69
EFV Omega Ratio Rank: 68
EFV Calmar Ratio Rank: 60
EFV Martin Ratio Rank: 61

FDGRX

FDGRX Risk / Return Rank: 68
FDGRX Sharpe Ratio Rank: 74
FDGRX Sortino Ratio Rank: 54
FDGRX Omega Ratio Rank: 59
FDGRX Calmar Ratio Rank: 81
FDGRX Martin Ratio Rank: 73

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.

EFV vs. FDGRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares MSCI EAFE Value ETF (EFV) and Fidelity Growth Company Fund (FDGRX). 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.

	EFV	FDGRX	Difference
Sharpe ratio: Return per unit of total volatility	2.09	2.34	-0.24
Sortino ratio: Return per unit of downside risk	2.89	2.90	-0.01
Omega ratio: Gain probability vs. loss probability	1.38	1.40	-0.02
Calmar ratio: Return relative to maximum drawdown	2.78	3.60	-0.82
Martin ratio: Return relative to average drawdown	10.27	13.24	-2.97

EFV vs. FDGRX - Sharpe Ratio Comparison

The current EFV Sharpe Ratio is 2.09, which is comparable to the FDGRX Sharpe Ratio of 2.34. The chart below compares the historical Sharpe Ratios of EFV and FDGRX, 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

EFV vs. FDGRX - Drawdown Comparison

The maximum EFV drawdown since its inception was -63.94%, smaller than the maximum FDGRX drawdown of -71.62%. Use the drawdown chart below to compare losses from any high point for EFV and FDGRX.

Drawdown Indicators

	EFV	FDGRX	Difference
Max Drawdown Largest peak-to-trough decline	-63.94%	-71.62%	+7.68%
Max Drawdown (1Y) Largest decline over 1 year	-10.90%	-12.60%	+1.70%
Max Drawdown (3Y) Largest decline over 3 years	-13.72%	-26.19%	+12.47%
Max Drawdown (5Y) Largest decline over 5 years	-25.84%	-40.25%	+14.41%
Max Drawdown (10Y) Largest decline over 10 years	-43.16%	-40.25%	-2.91%
Current Drawdown Current decline from peak	-1.40%	-1.17%	-0.23%
Average Drawdown Average peak-to-trough decline	-14.80%	-15.89%	+1.09%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.94%	3.42%	-0.48%

Volatility

EFV vs. FDGRX - Volatility Comparison

The current volatility for iShares MSCI EAFE Value ETF (EFV) is 4.32%, while Fidelity Growth Company Fund (FDGRX) has a volatility of 7.29%. This indicates that EFV experiences smaller price fluctuations and is considered to be less risky than FDGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EFV	FDGRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.32%	7.29%	-2.97%
Volatility (6M) Calculated over the trailing 6-month period	11.96%	15.82%	-3.86%
Volatility (1Y) Calculated over the trailing 1-year period	14.53%	19.47%	-4.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.03%	24.09%	-8.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.84%	23.47%	-5.63%

EFV vs. FDGRX - Expense Ratio Comparison

EFV has a 0.31% expense ratio, which is lower than FDGRX's 0.52% expense ratio.

Dividends

EFV vs. FDGRX - Dividend Comparison

EFV's dividend yield for the trailing twelve months is around 4.76%, while FDGRX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EFV iShares MSCI EAFE Value ETF	4.76%	4.16%	4.66%	4.36%	4.17%	4.07%	2.42%	4.62%	4.56%	3.56%	3.28%	3.59%
FDGRX Fidelity Growth Company Fund	0.00%	0.00%	8.86%	3.83%	7.20%	10.67%	8.86%	3.84%	6.38%	4.73%	6.16%	3.92%

Frequently Asked Questions

Can I hold both EFV and FDGRX in my portfolio?

EFV and FDGRX have a correlation of 0.51, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, EFV or FDGRX?

FDGRX has higher volatility (7.29%) compared to EFV (4.32%). In terms of maximum drawdown, EFV dropped -63.94% vs FDGRX's -71.62%.

Which has better risk-adjusted returns?

FDGRX currently has the higher Sharpe Ratio (2.34 vs 2.09), 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.