EITGX vs. FDSSX

Last updated Jun 4, 2026

EITGX (Eaton Vance Tax Managed Growth 1.2 Fund) and FDSSX (Fidelity Stock Selector All Cap Fund) are both Large Cap Growth Equities funds. Over the past 10 years, EITGX returned 15.02%/yr vs 15.36%/yr for FDSSX. With a 0.97 correlation, they move nearly in lockstep. EITGX charges 0.63%/yr vs 0.68%/yr for FDSSX.

Performance

EITGX vs. FDSSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Eaton Vance Tax Managed Growth 1.2 Fund (EITGX) and Fidelity Stock Selector All Cap Fund (FDSSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, EITGX achieves a 8.78% return, which is significantly lower than FDSSX's 15.83% return. Both investments have delivered pretty close results over the past 10 years, with EITGX having a 15.02% annualized return and FDSSX not far ahead at 15.36%.

EITGX

• 1D: -0.24%
• 1M: 4.19%
• YTD: 8.78%
• 6M: 8.42%
• 1Y: 23.88%
• 3Y*: 21.57%
• 5Y*: 13.00%
• 10Y*: 15.02%

FDSSX

• 1D: 0.34%
• 1M: 5.88%
• YTD: 15.83%
• 6M: 16.38%
• 1Y: 37.40%
• 3Y*: 22.85%
• 5Y*: 13.15%
• 10Y*: 15.36%

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

EITGX vs. FDSSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EITGX Eaton Vance Tax Managed Growth 1.2 Fund	8.78%	16.79%	25.27%	28.37%	-20.01%	24.78%	23.13%	29.50%	-5.19%	22.44%
FDSSX Fidelity Stock Selector All Cap Fund	15.83%	18.89%	19.79%	26.94%	-19.55%	23.14%	24.90%	32.21%	-8.61%	24.42%

Correlation

The correlation between EITGX and FDSSX is 0.95 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.95
Correlation (3Y) Calculated over the trailing 3-year period	0.96
Correlation (5Y) Calculated over the trailing 5-year period	0.97
Correlation (10Y) Calculated over the trailing 10-year period	0.97
Correlation (All Time) Calculated using the full available price history since Mar 8, 2001	0.97

The correlation between EITGX and FDSSX has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.

Return for Risk

EITGX vs. FDSSX — Risk / Return Rank

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

EITGX

EITGX Risk / Return Rank: 45
EITGX Sharpe Ratio Rank: 46
EITGX Sortino Ratio Rank: 45
EITGX Omega Ratio Rank: 45
EITGX Calmar Ratio Rank: 37
EITGX Martin Ratio Rank: 52

FDSSX

FDSSX Risk / Return Rank: 87
FDSSX Sharpe Ratio Rank: 89
FDSSX Sortino Ratio Rank: 84
FDSSX Omega Ratio Rank: 81
FDSSX Calmar Ratio Rank: 87
FDSSX Martin Ratio Rank: 93

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.

EITGX vs. FDSSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Tax Managed Growth 1.2 Fund (EITGX) and Fidelity Stock Selector All Cap Fund (FDSSX). 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.

	EITGX	FDSSX	Difference
Sharpe ratio: Return per unit of total volatility	2.01	2.95	-0.94
Sortino ratio: Return per unit of downside risk	2.82	3.95	-1.13
Omega ratio: Gain probability vs. loss probability	1.36	1.53	-0.17
Calmar ratio: Return relative to maximum drawdown	2.32	4.17	-1.85
Martin ratio: Return relative to average drawdown	10.53	20.16	-9.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EITGX vs. FDSSX - Sharpe Ratio Comparison

The current EITGX Sharpe Ratio is 2.01, which is lower than the FDSSX Sharpe Ratio of 2.95. The chart below compares the historical Sharpe Ratios of EITGX and FDSSX, 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

	EITGX	FDSSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.01	2.95	-0.94
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.75	0.74	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.82	0.83	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.63	-0.15

Drawdowns

EITGX vs. FDSSX - Drawdown Comparison

The maximum EITGX drawdown since its inception was -51.96%, smaller than the maximum FDSSX drawdown of -56.77%. Use the drawdown chart below to compare losses from any high point for EITGX and FDSSX.

Drawdown Indicators

	EITGX	FDSSX	Difference
Max Drawdown Largest peak-to-trough decline	-51.96%	-56.77%	+4.81%
Max Drawdown (1Y) Largest decline over 1 year	-10.53%	-9.19%	-1.34%
Max Drawdown (3Y) Largest decline over 3 years	-18.96%	-20.86%	+1.90%
Max Drawdown (5Y) Largest decline over 5 years	-25.96%	-25.22%	-0.74%
Max Drawdown (10Y) Largest decline over 10 years	-32.97%	-34.37%	+1.40%
Current Drawdown Current decline from peak	-0.24%	0.00%	-0.24%
Average Drawdown Average peak-to-trough decline	-8.13%	-9.88%	+1.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.32%	1.90%	+0.42%

Volatility

EITGX vs. FDSSX - Volatility Comparison

The current volatility for Eaton Vance Tax Managed Growth 1.2 Fund (EITGX) is 3.00%, while Fidelity Stock Selector All Cap Fund (FDSSX) has a volatility of 3.37%. This indicates that EITGX experiences smaller price fluctuations and is considered to be less risky than FDSSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EITGX	FDSSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.00%	3.37%	-0.37%
Volatility (6M) Calculated over the trailing 6-month period	9.36%	10.00%	-0.64%
Volatility (1Y) Calculated over the trailing 1-year period	12.19%	12.99%	-0.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.32%	17.75%	-0.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.34%	18.57%	-0.23%

EITGX vs. FDSSX - Expense Ratio Comparison

EITGX has a 0.63% expense ratio, which is lower than FDSSX's 0.68% expense ratio.

Dividends

EITGX vs. FDSSX - Dividend Comparison

EITGX's dividend yield for the trailing twelve months is around 2.16%, less than FDSSX's 4.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EITGX Eaton Vance Tax Managed Growth 1.2 Fund	2.16%	2.35%	1.74%	0.67%	0.74%	0.39%	0.69%	0.92%	1.04%	0.97%	1.14%	1.18%
FDSSX Fidelity Stock Selector All Cap Fund	4.13%	4.79%	4.83%	2.03%	0.36%	0.84%	5.22%	6.09%	4.46%	3.07%	1.04%	5.16%

Frequently Asked Questions

Can I hold both EITGX and FDSSX in my portfolio?

With a correlation of 0.95, EITGX and FDSSX 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, EITGX or FDSSX?

FDSSX has higher volatility (3.37%) compared to EITGX (3.00%). In terms of maximum drawdown, EITGX dropped -51.96% vs FDSSX's -56.77%.

Which has better risk-adjusted returns?

FDSSX currently has the higher Sharpe Ratio (2.95 vs 2.01), 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.