FAGCX vs. FGRO
Compare and contrast key facts about Fidelity Advisor Growth Opportunities Fund Class I (FAGCX) and Fidelity Growth Opportunities ETF (FGRO).
FAGCX is managed by Fidelity. It was launched on Jul 3, 1995. FGRO is an actively managed fund by Fidelity. It was launched on Feb 2, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FAGCX or FGRO.
Key characteristics
| FAGCX | FGRO | |
|---|---|---|
| YTD Return | 39.00% | 33.96% |
| 1Y Return | 49.82% | 44.26% |
| 3Y Return (Ann) | 1.96% | 5.12% |
| Sharpe Ratio | 2.69 | 2.51 |
| Sortino Ratio | 3.45 | 3.21 |
| Omega Ratio | 1.48 | 1.45 |
| Calmar Ratio | 1.80 | 2.15 |
| Martin Ratio | 15.56 | 12.70 |
| Ulcer Index | 3.42% | 3.76% |
| Daily Std Dev | 19.80% | 19.08% |
| Max Drawdown | -65.09% | -44.52% |
| Current Drawdown | -0.69% | 0.00% |
Correlation
The correlation between FAGCX and FGRO is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
FAGCX vs. FGRO - Performance Comparison
In the year-to-date period, FAGCX achieves a 39.00% return, which is significantly higher than FGRO's 33.96% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FAGCX vs. FGRO - Expense Ratio Comparison
FAGCX has a 0.79% expense ratio, which is higher than FGRO's 0.59% expense ratio.
Risk-Adjusted Performance
FAGCX vs. FGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Growth Opportunities Fund Class I (FAGCX) and Fidelity Growth Opportunities ETF (FGRO). 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.
Dividends
FAGCX vs. FGRO - Dividend Comparison
FAGCX has not paid dividends to shareholders, while FGRO's dividend yield for the trailing twelve months is around 0.03%.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
FAGCX Fidelity Advisor Growth Opportunities Fund Class I | 0.00% | 0.00% | 0.00% | 0.00% |
FGRO Fidelity Growth Opportunities ETF | 0.03% | 0.00% | 1.50% | 0.55% |
Drawdowns
FAGCX vs. FGRO - Drawdown Comparison
The maximum FAGCX drawdown since its inception was -65.09%, which is greater than FGRO's maximum drawdown of -44.52%. Use the drawdown chart below to compare losses from any high point for FAGCX and FGRO. For additional features, visit the drawdowns tool.
Volatility
FAGCX vs. FGRO - Volatility Comparison
Fidelity Advisor Growth Opportunities Fund Class I (FAGCX) and Fidelity Growth Opportunities ETF (FGRO) have volatilities of 5.28% and 5.24%, 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.