FBCGX vs. SPECX

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Blue Chip Growth K6 Fund (FBCGX) and Alger Spectra Fund (SPECX).

FBCGX is managed by Fidelity. It was launched on May 25, 2017. SPECX is managed by Alger. It was launched on Jul 28, 1969.

Performance

FBCGX vs. SPECX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Blue Chip Growth K6 Fund (FBCGX) and Alger Spectra Fund (SPECX). The values are adjusted to include any dividend payments, if applicable.

FBCGX vs. SPECX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FBCGX Fidelity Blue Chip Growth K6 Fund	-6.85%	21.33%	38.15%	55.57%	-37.84%	23.00%	62.92%	36.11%	-2.33%	14.15%
SPECX Alger Spectra Fund	-10.92%	29.16%	47.52%	41.34%	-39.37%	12.61%	43.66%	32.15%	-0.82%	11.33%

Returns By Period

In the year-to-date period, FBCGX achieves a -6.85% return, which is significantly higher than SPECX's -10.92% return.

FBCGX

• 1D: 4.62%
• 1M: -5.07%
• YTD: -6.85%
• 6M: -4.17%
• 1Y: 28.16%
• 3Y*: 26.56%
• 5Y*: 12.11%
• 10Y*: —

SPECX

• 1D: 4.97%
• 1M: -5.32%
• YTD: -10.92%
• 6M: -12.58%
• 1Y: 29.64%
• 3Y*: 28.17%
• 5Y*: 10.18%
• 10Y*: 15.09%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FBCGX vs. SPECX - Expense Ratio Comparison

FBCGX has a 0.45% expense ratio, which is lower than SPECX's 1.39% expense ratio.

SPECX

Alger Spectra Fund

FBCGX

Fidelity Blue Chip Growth K6 Fund

Return for Risk

FBCGX vs. SPECX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FBCGX

FBCGX Risk / Return Rank: 72
FBCGX Sharpe Ratio Rank: 65
FBCGX Sortino Ratio Rank: 71
FBCGX Omega Ratio Rank: 67
FBCGX Calmar Ratio Rank: 80
FBCGX Martin Ratio Rank: 77

SPECX

SPECX Risk / Return Rank: 57
SPECX Sharpe Ratio Rank: 59
SPECX Sortino Ratio Rank: 64
SPECX Omega Ratio Rank: 54
SPECX Calmar Ratio Rank: 61
SPECX Martin Ratio Rank: 46

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FBCGX vs. SPECX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Blue Chip Growth K6 Fund (FBCGX) and Alger Spectra Fund (SPECX). 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	SPECX	Difference
Sharpe ratio Return per unit of total volatility	1.19	1.12	+0.07
Sortino ratio Return per unit of downside risk	1.81	1.70	+0.11
Omega ratio Gain probability vs. loss probability	1.26	1.23	+0.03
Calmar ratio Return relative to maximum drawdown	1.94	1.53	+0.41
Martin ratio Return relative to average drawdown	7.40	4.98	+2.42
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FBCGX vs. SPECX - Sharpe Ratio Comparison

The current FBCGX Sharpe Ratio is 1.19, which is comparable to the SPECX Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of FBCGX and SPECX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FBCGX	SPECX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.19	1.12	+0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.31	+0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.55	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.47	+0.29

Correlation

The correlation between FBCGX and SPECX is 0.96, 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

FBCGX vs. SPECX - Dividend Comparison

FBCGX's dividend yield for the trailing twelve months is around 1.04%, less than SPECX's 8.38% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FBCGX Fidelity Blue Chip Growth K6 Fund	1.04%	0.97%	0.62%	0.26%	0.12%	6.71%	1.26%	0.28%	0.46%	0.13%	0.00%	0.00%
SPECX Alger Spectra Fund	8.38%	7.47%	6.49%	0.00%	2.70%	34.41%	9.19%	7.20%	12.09%	6.14%	0.00%	8.80%

Drawdowns

FBCGX vs. SPECX - Drawdown Comparison

The maximum FBCGX drawdown since its inception was -42.55%, smaller than the maximum SPECX drawdown of -72.19%. Use the drawdown chart below to compare losses from any high point for FBCGX and SPECX.

Drawdown Indicators

	FBCGX	SPECX	Difference
Max Drawdown Largest peak-to-trough decline	-42.55%	-72.19%	+29.64%
Max Drawdown (1Y) Largest decline over 1 year	-13.28%	-20.03%	+6.75%
Max Drawdown (5Y) Largest decline over 5 years	-42.55%	-54.82%	+12.27%
Max Drawdown (10Y) Largest decline over 10 years	—	-54.82%	—
Current Drawdown Current decline from peak	-8.61%	-16.06%	+7.45%
Average Drawdown Average peak-to-trough decline	-9.04%	-24.16%	+15.12%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.47%	6.14%	-2.67%

Volatility

FBCGX vs. SPECX - Volatility Comparison

The current volatility for Fidelity Blue Chip Growth K6 Fund (FBCGX) is 7.92%, while Alger Spectra Fund (SPECX) has a volatility of 9.43%. This indicates that FBCGX experiences smaller price fluctuations and is considered to be less risky than SPECX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FBCGX	SPECX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.92%	9.43%	-1.51%
Volatility (6M) Calculated over the trailing 6-month period	14.30%	17.68%	-3.38%
Volatility (1Y) Calculated over the trailing 1-year period	25.02%	28.24%	-3.22%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.03%	32.70%	-7.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.00%	27.76%	-2.76%