FAGKX vs. FDEGX
Compare and contrast key facts about Fidelity Growth Strategies Fund Class K (FAGKX) and Fidelity Growth Strategies Fund (FDEGX).
FAGKX is managed by Fidelity. It was launched on May 9, 2008. FDEGX is managed by Fidelity. It was launched on Dec 28, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FAGKX or FDEGX.
Key characteristics
| FAGKX | FDEGX | |
|---|---|---|
| YTD Return | 19.67% | 19.58% |
| 1Y Return | 34.39% | 34.28% |
| 3Y Return (Ann) | 1.80% | 1.70% |
| 5Y Return (Ann) | 12.42% | 12.30% |
| 10Y Return (Ann) | 11.19% | 11.03% |
| Sharpe Ratio | 2.40 | 2.39 |
| Sortino Ratio | 3.18 | 3.17 |
| Omega Ratio | 1.42 | 1.42 |
| Calmar Ratio | 1.54 | 1.52 |
| Martin Ratio | 13.60 | 13.53 |
| Ulcer Index | 2.74% | 2.74% |
| Daily Std Dev | 15.44% | 15.42% |
| Max Drawdown | -54.37% | -85.76% |
| Current Drawdown | -3.39% | -3.39% |
Correlation
The correlation between FAGKX and FDEGX is 1.00, 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
FAGKX vs. FDEGX - Performance Comparison
The year-to-date returns for both stocks are quite close, with FAGKX having a 19.67% return and FDEGX slightly lower at 19.58%. Both investments have delivered pretty close results over the past 10 years, with FAGKX having a 11.19% annualized return and FDEGX not far behind at 11.03%. 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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FAGKX vs. FDEGX - Expense Ratio Comparison
FAGKX has a 0.52% expense ratio, which is lower than FDEGX's 0.63% expense ratio.
Risk-Adjusted Performance
FAGKX vs. FDEGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Strategies Fund Class K (FAGKX) and Fidelity Growth Strategies Fund (FDEGX). 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
FAGKX vs. FDEGX - Dividend Comparison
FAGKX's dividend yield for the trailing twelve months is around 0.13%, more than FDEGX's 0.05% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FAGKX Fidelity Growth Strategies Fund Class K | 0.13% | 0.16% | 0.00% | 13.99% | 8.30% | 3.73% | 0.90% | 0.55% | 0.72% | 0.29% | 0.92% | 0.38% |
FDEGX Fidelity Growth Strategies Fund | 0.05% | 0.05% | 0.00% | 14.15% | 8.37% | 3.65% | 0.75% | 0.43% | 0.59% | 0.13% | 0.59% | 0.18% |
Drawdowns
FAGKX vs. FDEGX - Drawdown Comparison
The maximum FAGKX drawdown since its inception was -54.37%, smaller than the maximum FDEGX drawdown of -85.76%. Use the drawdown chart below to compare losses from any high point for FAGKX and FDEGX. For additional features, visit the drawdowns tool.
Volatility
FAGKX vs. FDEGX - Volatility Comparison
Fidelity Growth Strategies Fund Class K (FAGKX) and Fidelity Growth Strategies Fund (FDEGX) have volatilities of 3.91% and 3.90%, 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.