FBGKX vs. AAPL

Last updated Jun 9, 2026

FBGKX (Fidelity Blue Chip Growth Fund Class K) is Large Cap Growth Equities fund managed by Fidelity, while AAPL (Apple Inc) is a stock. Over the past 10 years, FBGKX returned 21.39%/yr vs 29.63%/yr for AAPL. A 0.65 correlation means they provide meaningful diversification when combined.

Performance

FBGKX vs. AAPL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Blue Chip Growth Fund Class K (FBGKX) and Apple Inc (AAPL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FBGKX achieves a 13.60% return, which is significantly higher than AAPL's 11.12% return. Over the past 10 years, FBGKX has underperformed AAPL with an annualized return of 21.39%, while AAPL has yielded a comparatively higher 29.63% annualized return.

FBGKX

• 1D: -4.14%
• 1M: 1.11%
• YTD: 13.60%
• 6M: 12.76%
• 1Y: 37.21%
• 3Y*: 30.64%
• 5Y*: 15.83%
• 10Y*: 21.39%

AAPL

• 1D: -1.89%
• 1M: 2.90%
• YTD: 11.12%
• 6M: 8.71%
• 1Y: 48.46%
• 3Y*: 19.11%
• 5Y*: 19.46%
• 10Y*: 29.63%

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

FBGKX vs. AAPL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FBGKX Fidelity Blue Chip Growth Fund Class K	13.60%	19.99%	39.87%	55.76%	-38.40%	22.74%	62.35%	33.56%	1.11%	36.08%
AAPL Apple Inc	11.12%	9.05%	30.71%	49.01%	-26.40%	34.65%	82.31%	88.96%	-5.39%	48.46%

Correlation

The correlation between FBGKX and AAPL is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.52
Correlation (5Y) Calculated over the trailing 5-year period	0.66
Correlation (10Y) Calculated over the trailing 10-year period	0.69
Correlation (All Time) Calculated using the full available price history since May 16, 2008	0.65

The correlation between FBGKX and AAPL shifts across timeframes, from 0.45 (1 year) to 0.69 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

FBGKX vs. AAPL — Risk / Return Rank

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

FBGKX

FBGKX Risk / Return Rank: 59
FBGKX Sharpe Ratio Rank: 59
FBGKX Sortino Ratio Rank: 48
FBGKX Omega Ratio Rank: 51
FBGKX Calmar Ratio Rank: 69
FBGKX Martin Ratio Rank: 71

AAPL

AAPL Risk / Return Rank: 88
AAPL Sharpe Ratio Rank: 90
AAPL Sortino Ratio Rank: 90
AAPL Omega Ratio Rank: 88
AAPL Calmar Ratio Rank: 87
AAPL Martin Ratio Rank: 86

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.

FBGKX vs. AAPL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Blue Chip Growth Fund Class K (FBGKX) and Apple Inc (AAPL). 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.

	FBGKX	AAPL	Difference
Sharpe ratio: Return per unit of total volatility	2.17	2.18	-0.01
Sortino ratio: Return per unit of downside risk	2.79	3.09	-0.30
Omega ratio: Gain probability vs. loss probability	1.37	1.39	-0.02
Calmar ratio: Return relative to maximum drawdown	3.08	3.53	-0.45
Martin ratio: Return relative to average drawdown	12.98	8.89	+4.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FBGKX vs. AAPL - Sharpe Ratio Comparison

The current FBGKX Sharpe Ratio is 2.17, which is comparable to the AAPL Sharpe Ratio of 2.18. The chart below compares the historical Sharpe Ratios of FBGKX and AAPL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FBGKX	AAPL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.17	2.18	-0.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.64	0.71	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.91	1.03	-0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.44	+0.25

Drawdowns

FBGKX vs. AAPL - Drawdown Comparison

The maximum FBGKX drawdown since its inception was -48.90%, smaller than the maximum AAPL drawdown of -81.80%. Use the drawdown chart below to compare losses from any high point for FBGKX and AAPL.

Drawdown Indicators

	FBGKX	AAPL	Difference
Max Drawdown Largest peak-to-trough decline	-48.90%	-81.80%	+32.90%
Max Drawdown (1Y) Largest decline over 1 year	-12.63%	-13.80%	+1.17%
Max Drawdown (3Y) Largest decline over 3 years	-27.06%	-33.36%	+6.30%
Max Drawdown (5Y) Largest decline over 5 years	-43.03%	-33.36%	-9.67%
Max Drawdown (10Y) Largest decline over 10 years	-43.03%	-38.52%	-4.51%
Current Drawdown Current decline from peak	-4.21%	-4.33%	+0.12%
Average Drawdown Average peak-to-trough decline	-8.36%	-29.60%	+21.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.99%	5.48%	-2.49%

Volatility

FBGKX vs. AAPL - Volatility Comparison

Fidelity Blue Chip Growth Fund Class K (FBGKX) and Apple Inc (AAPL) have volatilities of 5.92% and 5.68%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FBGKX	AAPL	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.92%	5.68%	+0.24%
Volatility (6M) Calculated over the trailing 6-month period	13.72%	15.99%	-2.27%
Volatility (1Y) Calculated over the trailing 1-year period	17.96%	22.41%	-4.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.92%	27.47%	-2.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.71%	28.91%	-5.20%

Dividends

FBGKX vs. AAPL - Dividend Comparison

FBGKX's dividend yield for the trailing twelve months is around 1.66%, more than AAPL's 0.35% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AAPL Apple Inc	0.35%	0.38%	0.40%	0.49%	0.70%	0.49%	0.61%	1.04%	1.79%	1.45%	1.93%	1.93%
FBGKX Fidelity Blue Chip Growth Fund Class K	1.66%	1.89%	6.00%	0.93%	0.56%	8.77%	6.41%	3.70%	6.41%	4.26%	4.22%	5.36%

Frequently Asked Questions

Can I hold both FBGKX and AAPL in my portfolio?

FBGKX and AAPL have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FBGKX or AAPL?

FBGKX has higher volatility (5.92%) compared to AAPL (5.68%). In terms of maximum drawdown, FBGKX dropped -48.90% vs AAPL's -81.80%.

Which has better risk-adjusted returns?

AAPL currently has the higher Sharpe Ratio (2.18 vs 2.17), 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.