FAGKX vs. FXAIX
Compare and contrast key facts about Fidelity Growth Strategies Fund Class K (FAGKX) and Fidelity 500 Index Fund (FXAIX).
FAGKX is managed by Fidelity. It was launched on May 9, 2008. FXAIX is a passively managed fund by Fidelity that tracks the performance of the S&P 500 Index. It was launched on Feb 17, 1988.
Performance
FAGKX vs. FXAIX - Performance Comparison
Loading graphics...
FAGKX vs. FXAIX - 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% |
FXAIX Fidelity 500 Index Fund | -7.05% | 17.84% | 25.01% | 26.29% | -18.14% | 28.71% | 18.42% | 31.48% | -4.43% | 21.82% |
Returns By Period
The year-to-date returns for both investments are quite close, with FAGKX having a -7.23% return and FXAIX slightly higher at -7.05%. Over the past 10 years, FAGKX has underperformed FXAIX with an annualized return of 9.61%, while FXAIX has yielded a comparatively higher 13.75% 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%
FXAIX
- 1D
- -0.39%
- 1M
- -7.68%
- YTD
- -7.05%
- 6M
- -4.59%
- 1Y
- 14.42%
- 3Y*
- 17.17%
- 5Y*
- 11.40%
- 10Y*
- 13.75%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FAGKX vs. FXAIX - Expense Ratio Comparison
FAGKX has a 0.52% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Return for Risk
FAGKX vs. FXAIX — Risk / Return Rank
FAGKX
FXAIX
FAGKX vs. FXAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Strategies Fund Class K (FAGKX) and Fidelity 500 Index Fund (FXAIX). 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 | FXAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.14 | 0.84 | -0.69 |
Sortino ratioReturn per unit of downside risk | 0.38 | 1.30 | -0.92 |
Omega ratioGain probability vs. loss probability | 1.05 | 1.20 | -0.14 |
Calmar ratioReturn relative to maximum drawdown | -0.01 | 1.05 | -1.06 |
Martin ratioReturn relative to average drawdown | -0.03 | 5.13 | -5.15 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FAGKX | FXAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.14 | 0.84 | -0.69 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.17 | 0.68 | -0.51 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.44 | 0.77 | -0.33 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.36 | 0.75 | -0.39 |
Correlation
The correlation between FAGKX and FXAIX is 0.89, 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. FXAIX - Dividend Comparison
FAGKX has not paid dividends to shareholders, while FXAIX's dividend yield for the trailing twelve months is around 1.20%.
| 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% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
Drawdowns
FAGKX vs. FXAIX - Drawdown Comparison
The maximum FAGKX drawdown since its inception was -54.37%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FAGKX and FXAIX.
Loading graphics...
Drawdown Indicators
| FAGKX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -54.37% | -33.79% | -20.58% |
Max Drawdown (1Y)Largest decline over 1 year | -20.29% | -12.13% | -8.16% |
Max Drawdown (5Y)Largest decline over 5 years | -36.57% | -24.50% | -12.07% |
Max Drawdown (10Y)Largest decline over 10 years | -36.57% | -33.79% | -2.78% |
Current DrawdownCurrent decline from peak | -20.29% | -8.89% | -11.40% |
Average DrawdownAverage peak-to-trough decline | -10.12% | -3.83% | -6.29% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.04% | 2.50% | +4.54% |
Volatility
FAGKX vs. FXAIX - Volatility Comparison
Fidelity Growth Strategies Fund Class K (FAGKX) has a higher volatility of 7.61% compared to Fidelity 500 Index Fund (FXAIX) at 4.24%. This indicates that FAGKX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| FAGKX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.61% | 4.24% | +3.37% |
Volatility (6M)Calculated over the trailing 6-month period | 17.93% | 9.08% | +8.85% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.56% | 18.13% | +8.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.31% | 16.88% | +6.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.96% | 18.03% | +3.93% |