FAGKX vs. BFGIX
Compare and contrast key facts about Fidelity Growth Strategies Fund Class K (FAGKX) and Baron Focused Growth Fund Institutional Shares (BFGIX).
FAGKX is managed by Fidelity. It was launched on May 9, 2008. BFGIX is an actively managed fund by Baron Capital. It was launched on May 29, 2009.
Performance
FAGKX vs. BFGIX - Performance Comparison
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FAGKX vs. BFGIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FAGKX Fidelity Growth Strategies Fund Class K | -7.23% | 3.13% | 17.83% | 21.07% | -26.41% | 21.43% | 29.49% | 36.75% | -6.77% | 21.07% |
BFGIX Baron Focused Growth Fund Institutional Shares | -7.21% | 22.26% | 29.85% | 27.78% | -28.05% | 19.00% | 122.92% | 30.34% | 4.08% | 26.58% |
Returns By Period
The year-to-date returns for both investments are quite close, with FAGKX having a -7.23% return and BFGIX slightly higher at -7.21%. Over the past 10 years, FAGKX has underperformed BFGIX with an annualized return of 9.61%, while BFGIX has yielded a comparatively higher 20.17% annualized return.
FAGKX
- 1D
- -2.01%
- 1M
- -11.55%
- YTD
- -7.23%
- 6M
- -18.03%
- 1Y
- 4.00%
- 3Y*
- 8.03%
- 5Y*
- 4.00%
- 10Y*
- 9.61%
BFGIX
- 1D
- 0.04%
- 1M
- -7.76%
- YTD
- -7.21%
- 6M
- 4.24%
- 1Y
- 23.24%
- 3Y*
- 18.02%
- 5Y*
- 9.99%
- 10Y*
- 20.17%
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FAGKX vs. BFGIX - Expense Ratio Comparison
FAGKX has a 0.52% expense ratio, which is lower than BFGIX's 1.05% expense ratio.
Return for Risk
FAGKX vs. BFGIX — Risk / Return Rank
FAGKX
BFGIX
FAGKX vs. BFGIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Strategies Fund Class K (FAGKX) and Baron Focused Growth Fund Institutional Shares (BFGIX). 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.
| FAGKX | BFGIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.14 | 1.08 | -0.94 |
Sortino ratioReturn per unit of downside risk | 0.38 | 1.92 | -1.54 |
Omega ratioGain probability vs. loss probability | 1.05 | 1.25 | -0.20 |
Calmar ratioReturn relative to maximum drawdown | -0.01 | 1.84 | -1.85 |
Martin ratioReturn relative to average drawdown | -0.03 | 7.02 | -7.04 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FAGKX | BFGIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.14 | 1.08 | -0.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.45 | -0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.85 | -0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.76 | -0.40 |
Correlation
The correlation between FAGKX and BFGIX is 0.82, 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.
Dividends
FAGKX vs. BFGIX - Dividend Comparison
Neither FAGKX nor BFGIX has paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAGKX Fidelity Growth Strategies Fund Class K | 0.00% | 0.00% | 0.00% | 0.16% | 0.00% | 13.99% | 8.30% | 3.73% | 0.90% | 0.05% | 0.72% | 0.29% |
BFGIX Baron Focused Growth Fund Institutional Shares | 0.00% | 0.00% | 0.00% | 0.00% | 11.79% | 15.01% | 2.78% | 1.74% | 1.05% | 2.07% | 5.92% | 6.01% |
Drawdowns
FAGKX vs. BFGIX - Drawdown Comparison
The maximum FAGKX drawdown since its inception was -54.37%, which is greater than BFGIX's maximum drawdown of -43.62%. Use the drawdown chart below to compare losses from any high point for FAGKX and BFGIX.
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Drawdown Indicators
| FAGKX | BFGIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.37% | -43.62% | -10.75% |
Max Drawdown (1Y)Largest decline over 1 year | -20.29% | -11.96% | -8.33% |
Max Drawdown (5Y)Largest decline over 5 years | -36.57% | -35.71% | -0.86% |
Max Drawdown (10Y)Largest decline over 10 years | -36.57% | -43.62% | +7.05% |
Current DrawdownCurrent decline from peak | -20.29% | -9.66% | -10.63% |
Average DrawdownAverage peak-to-trough decline | -10.12% | -7.89% | -2.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.04% | 3.14% | +3.90% |
Volatility
FAGKX vs. BFGIX - Volatility Comparison
Fidelity Growth Strategies Fund Class K (FAGKX) has a higher volatility of 7.61% compared to Baron Focused Growth Fund Institutional Shares (BFGIX) at 4.23%. This indicates that FAGKX's price experiences larger fluctuations and is considered to be riskier than BFGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FAGKX | BFGIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.61% | 4.23% | +3.38% |
Volatility (6M)Calculated over the trailing 6-month period | 17.93% | 15.65% | +2.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.56% | 22.99% | +3.57% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.31% | 22.58% | +0.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.96% | 23.95% | -1.99% |