FBCVX vs. FMILX
Compare and contrast key facts about Fidelity Blue Chip Value Fund (FBCVX) and Fidelity New Millennium Fund (FMILX).
FBCVX is managed by Fidelity. It was launched on Jun 17, 2003. FMILX is managed by Fidelity. It was launched on Dec 28, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBCVX or FMILX.
Performance
FBCVX vs. FMILX - Performance Comparison
Returns By Period
In the year-to-date period, FBCVX achieves a 10.78% return, which is significantly lower than FMILX's 29.27% return. Over the past 10 years, FBCVX has outperformed FMILX with an annualized return of 7.34%, while FMILX has yielded a comparatively lower 5.90% annualized return.
FBCVX
10.78%
0.46%
3.27%
15.74%
8.27%
7.34%
FMILX
29.27%
0.93%
10.83%
31.21%
11.57%
5.90%
Key characteristics
| FBCVX | FMILX | |
|---|---|---|
| Sharpe Ratio | 1.48 | 2.25 |
| Sortino Ratio | 2.15 | 2.96 |
| Omega Ratio | 1.26 | 1.42 |
| Calmar Ratio | 3.08 | 3.15 |
| Martin Ratio | 7.55 | 13.10 |
| Ulcer Index | 2.12% | 2.45% |
| Daily Std Dev | 10.86% | 14.31% |
| Max Drawdown | -63.06% | -56.03% |
| Current Drawdown | -1.55% | -1.28% |
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FBCVX vs. FMILX - Expense Ratio Comparison
FBCVX has a 0.63% expense ratio, which is higher than FMILX's 0.59% expense ratio.
Correlation
The correlation between FBCVX and FMILX 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.
Risk-Adjusted Performance
FBCVX vs. FMILX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Blue Chip Value Fund (FBCVX) and Fidelity New Millennium Fund (FMILX). 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
FBCVX vs. FMILX - Dividend Comparison
FBCVX's dividend yield for the trailing twelve months is around 1.51%, more than FMILX's 0.23% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBCVX Fidelity Blue Chip Value Fund | 1.51% | 1.53% | 1.07% | 1.26% | 1.07% | 1.48% | 1.62% | 1.09% | 1.05% | 1.77% | 1.39% | 0.60% |
FMILX Fidelity New Millennium Fund | 0.23% | 0.30% | 1.63% | 2.04% | 1.59% | 0.97% | 1.25% | 0.90% | 1.18% | 1.03% | 9.39% | 5.63% |
Drawdowns
FBCVX vs. FMILX - Drawdown Comparison
The maximum FBCVX drawdown since its inception was -63.06%, which is greater than FMILX's maximum drawdown of -56.03%. Use the drawdown chart below to compare losses from any high point for FBCVX and FMILX. For additional features, visit the drawdowns tool.
Volatility
FBCVX vs. FMILX - Volatility Comparison
The current volatility for Fidelity Blue Chip Value Fund (FBCVX) is 3.44%, while Fidelity New Millennium Fund (FMILX) has a volatility of 4.16%. This indicates that FBCVX experiences smaller price fluctuations and is considered to be less risky than FMILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.