FAGKX vs. FDGRX
FAGKX (Fidelity Growth Strategies Fund Class K) and FDGRX (Fidelity Growth Company Fund) are both mutual funds - FAGKX is a Mid Cap Growth Equities fund managed by Fidelity, while FDGRX is a Large Cap Growth Equities fund actively managed by Fidelity. Over the past 10 years, FAGKX returned 10.65%/yr vs 21.70%/yr for FDGRX. Their correlation of 0.89 means they have usually moved in the same direction. Both charge a 0.52% expense ratio.
Performance
FAGKX vs. FDGRX - Performance Comparison
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Returns By Period
In the year-to-date period, FAGKX achieves a 4.19% return, which is significantly lower than FDGRX's 15.87% return. Over the past 10 years, FAGKX has underperformed FDGRX with an annualized return of 10.65%, while FDGRX has yielded a comparatively higher 21.70% annualized return.
FAGKX
- 1D
- 0.49%
- 1M
- -6.20%
- 6M
- 3.42%
- YTD
- 4.19%
- 1Y
- -4.76%
- 3Y*
- 9.16%
- 5Y*
- 3.41%
- 10Y*
- 10.65%
- ALL TIME*
- 8.78%
FDGRX
- 1D
- 0.75%
- 1M
- -3.79%
- 6M
- 11.98%
- YTD
- 15.87%
- 1Y
- 28.74%
- 3Y*
- 25.82%
- 5Y*
- 14.14%
- 10Y*
- 21.70%
- ALL TIME*
- 14.95%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FAGKX vs. FDGRX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FAGKX Fidelity Growth Strategies Fund Class K | 4.19% | 3.13% | 17.83% | 21.07% | -26.41% | 21.43% | 29.49% | 36.75% | -6.77% | 21.07% |
FDGRX Fidelity Growth Company Fund | 15.87% | 18.54% | 37.18% | 47.25% | -33.86% | 22.57% | 67.42% | 38.40% | -4.14% | 36.76% |
Correlation
The correlation between FAGKX and FDGRX is 0.80, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.80 |
Correlation (3Y) Balances recent behavior with more history. | 0.80 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.86 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.86 |
Correlation (All Time) Calculated using the full available price history since May 15, 2008 | 0.89 |
The correlation between FAGKX and FDGRX has been stable across timeframes, ranging from 0.80 to 0.89 - a consistent structural relationship.
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Return for Risk
FAGKX vs. FDGRX — Risk / Return Rank
FAGKX
FDGRX
FAGKX vs. FDGRX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Strategies Fund Class K (FAGKX) 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.
| FAGKX | FDGRX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.53 | ||
| Sortino ratioReturn per unit of downside risk | -1.95 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.22 | -0.25 |
| Calmar ratioReturn relative to maximum drawdown | -0.32 | 2.06 | -2.38 |
| Martin ratioReturn relative to average drawdown | -0.78 | 6.88 | -7.66 |
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Drawdowns
FAGKX vs. FDGRX - Drawdown Comparison
The maximum FAGKX drawdown since its inception was -54.37%, smaller than the maximum FDGRX drawdown of -71.62%. Use the drawdown chart below to compare losses from any high point for FAGKX and FDGRX.
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Drawdown Indicators
| FAGKX | FDGRX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.37% | -71.62% | +17.25% |
Max Drawdown (1Y)Largest decline over 1 year | -20.29% | -12.60% | -7.69% |
Max Drawdown (3Y)Largest decline over 3 years | -31.00% | -26.19% | -4.81% |
Max Drawdown (5Y)Largest decline over 5 years | -36.57% | -40.25% | +3.68% |
Max Drawdown (10Y)Largest decline over 10 years | -36.57% | -40.25% | +3.68% |
Current DrawdownCurrent decline from peak | -10.48% | -6.37% | -4.11% |
Average DrawdownAverage peak-to-trough decline | -10.07% | -15.86% | +5.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.32% | 3.76% | +4.56% |
Volatility
FAGKX vs. FDGRX - Volatility Comparison
Fidelity Growth Strategies Fund Class K (FAGKX) has a higher volatility of 7.76% compared to Fidelity Growth Company Fund (FDGRX) at 6.23%. This indicates that FAGKX's price experiences larger fluctuations and is considered to be riskier than FDGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FAGKX | FDGRX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.76% | 6.23% | +1.53% |
Volatility (6M)Calculated over the trailing 6-month period | 18.44% | 15.90% | +2.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 23.98% | 20.63% | +3.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.92% | 24.25% | -0.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.34% | 23.50% | -1.16% |
FAGKX vs. FDGRX - Expense Ratio Comparison
Both FAGKX and FDGRX have an expense ratio of 0.52%.
Dividends
FAGKX vs. FDGRX - Dividend Comparison
Neither FAGKX nor FDGRX has paid dividends to shareholders.
| Position | 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% |
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
FAGKX and FDGRX have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FAGKX has higher volatility (7.76%) compared to FDGRX (6.23%). In terms of maximum drawdown, FAGKX dropped -54.37% vs FDGRX's -71.62%.
FDGRX currently has the higher Sharpe Ratio (1.26 vs -0.27), 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.
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