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FBCGX vs. FTEC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


FBCGXFTEC
YTD Return36.99%29.38%
1Y Return49.36%40.63%
3Y Return (Ann)8.18%12.64%
5Y Return (Ann)21.25%23.09%
Sharpe Ratio2.742.08
Sortino Ratio3.502.67
Omega Ratio1.491.36
Calmar Ratio3.182.90
Martin Ratio14.1310.44
Ulcer Index3.69%4.23%
Daily Std Dev19.04%21.12%
Max Drawdown-42.92%-34.95%
Current Drawdown-0.16%-0.51%

Correlation

-0.50.00.51.00.9

The correlation between FBCGX and FTEC is 0.95, 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

FBCGX vs. FTEC - Performance Comparison

In the year-to-date period, FBCGX achieves a 36.99% return, which is significantly higher than FTEC's 29.38% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
17.84%
19.16%
FBCGX
FTEC

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FBCGX vs. FTEC - Expense Ratio Comparison

FBCGX has a 0.45% expense ratio, which is higher than FTEC's 0.08% expense ratio.


FBCGX
Fidelity Blue Chip Growth K6 Fund
Expense ratio chart for FBCGX: current value at 0.45% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.45%
Expense ratio chart for FTEC: current value at 0.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.08%

Risk-Adjusted Performance

FBCGX vs. FTEC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Blue Chip Growth K6 Fund (FBCGX) and Fidelity MSCI Information Technology Index ETF (FTEC). 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.


FBCGX
Sharpe ratio
The chart of Sharpe ratio for FBCGX, currently valued at 2.73, compared to the broader market0.002.004.002.74
Sortino ratio
The chart of Sortino ratio for FBCGX, currently valued at 3.50, compared to the broader market0.005.0010.003.50
Omega ratio
The chart of Omega ratio for FBCGX, currently valued at 1.49, compared to the broader market1.002.003.004.001.49
Calmar ratio
The chart of Calmar ratio for FBCGX, currently valued at 3.18, compared to the broader market0.005.0010.0015.0020.0025.003.18
Martin ratio
The chart of Martin ratio for FBCGX, currently valued at 14.13, compared to the broader market0.0020.0040.0060.0080.00100.0014.13
FTEC
Sharpe ratio
The chart of Sharpe ratio for FTEC, currently valued at 2.08, compared to the broader market0.002.004.002.08
Sortino ratio
The chart of Sortino ratio for FTEC, currently valued at 2.67, compared to the broader market0.005.0010.002.67
Omega ratio
The chart of Omega ratio for FTEC, currently valued at 1.36, compared to the broader market1.002.003.004.001.36
Calmar ratio
The chart of Calmar ratio for FTEC, currently valued at 2.90, compared to the broader market0.005.0010.0015.0020.0025.002.90
Martin ratio
The chart of Martin ratio for FTEC, currently valued at 10.44, compared to the broader market0.0020.0040.0060.0080.00100.0010.44

FBCGX vs. FTEC - Sharpe Ratio Comparison

The current FBCGX Sharpe Ratio is 2.74, which is higher than the FTEC Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of FBCGX and FTEC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.74
2.08
FBCGX
FTEC

Dividends

FBCGX vs. FTEC - Dividend Comparison

FBCGX's dividend yield for the trailing twelve months is around 0.55%, less than FTEC's 0.61% yield.


TTM20232022202120202019201820172016201520142013
FBCGX
Fidelity Blue Chip Growth K6 Fund
0.55%0.26%0.12%0.00%0.08%0.25%0.46%0.11%0.00%0.00%0.00%0.00%
FTEC
Fidelity MSCI Information Technology Index ETF
0.61%0.77%0.93%0.63%0.83%1.03%1.20%0.96%1.25%1.27%1.09%0.18%

Drawdowns

FBCGX vs. FTEC - Drawdown Comparison

The maximum FBCGX drawdown since its inception was -42.92%, which is greater than FTEC's maximum drawdown of -34.95%. Use the drawdown chart below to compare losses from any high point for FBCGX and FTEC. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.16%
-0.51%
FBCGX
FTEC

Volatility

FBCGX vs. FTEC - Volatility Comparison

The current volatility for Fidelity Blue Chip Growth K6 Fund (FBCGX) is 5.37%, while Fidelity MSCI Information Technology Index ETF (FTEC) has a volatility of 6.38%. This indicates that FBCGX experiences smaller price fluctuations and is considered to be less risky than FTEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
5.37%
6.38%
FBCGX
FTEC