FBGKX vs. FBGX

Last updated Jun 13, 2026

FBGKX (Fidelity Blue Chip Growth Fund Class K) and FBGX (UBS AG FI Enhanced Large Cap Growth ETN) are both funds - FBGKX is a Large Cap Growth Equities fund managed by Fidelity, while FBGX is a Leveraged Equities fund tracking the Russell 1000 Growth Index (200%). Their correlation of 0.83 suggests significant overlap in exposure. FBGKX charges 0.68%/yr vs 1.29%/yr for FBGX.

Performance

FBGKX vs. FBGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Blue Chip Growth Fund Class K (FBGKX) and UBS AG FI Enhanced Large Cap Growth ETN (FBGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FBGKX

• 1D: 2.59%
• 1M: 0.76%
• YTD: 13.89%
• 6M: 15.43%
• 1Y: 38.97%
• 3Y*: 30.14%
• 5Y*: 15.43%
• 10Y*: 21.76%

FBGX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FBGKX vs. FBGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FBGKX Fidelity Blue Chip Growth Fund Class K	13.89%	19.99%	39.87%	55.76%	-38.40%	22.74%	62.35%	33.56%	1.11%	36.08%
FBGX UBS AG FI Enhanced Large Cap Growth ETN	0.00%	0.00%	35.73%	83.74%	-56.41%	57.04%	65.79%	75.84%	-16.58%	64.01%

Correlation

The correlation between FBGKX and FBGX is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.46
Correlation (5Y) Calculated over the trailing 5-year period	0.72
Correlation (10Y) Calculated over the trailing 10-year period	0.81
Correlation (All Time) Calculated using the full available price history since Jun 11, 2014	0.83

The correlation between FBGKX and FBGX shifts across timeframes, from 0.46 (3 years) to 0.83 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FBGKX vs. FBGX — Risk / Return Rank

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

FBGKX

FBGKX Risk / Return Rank: 74
FBGKX Sharpe Ratio Rank: 76
FBGKX Sortino Ratio Rank: 67
FBGKX Omega Ratio Rank: 67
FBGKX Calmar Ratio Rank: 79
FBGKX Martin Ratio Rank: 83

FBGX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. FBGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Blue Chip Growth Fund Class K (FBGKX) and UBS AG FI Enhanced Large Cap Growth ETN (FBGX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FBGKX	FBGX	Difference
Sharpe ratio: Return per unit of total volatility	2.06	—	—
Sortino ratio: Return per unit of downside risk	2.67	—	—
Omega ratio: Gain probability vs. loss probability	1.35	—	—
Calmar ratio: Return relative to maximum drawdown	2.98	—	—
Martin ratio: Return relative to average drawdown	12.31	—	—

Drawdowns

Drawdown Indicators

	FBGKX	FBGX	Difference
Max Drawdown Largest peak-to-trough decline	-48.90%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-12.63%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-27.06%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-43.03%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-43.03%	—	—
Current Drawdown Current decline from peak	-3.97%	—	—
Average Drawdown Average peak-to-trough decline	-8.35%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	3.04%	—	—

Volatility

Volatility by Period

	FBGKX	FBGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.86%	—	—
Volatility (6M) Calculated over the trailing 6-month period	14.15%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	18.29%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.98%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.73%	—	—

FBGKX vs. FBGX - Expense Ratio Comparison

FBGKX has a 0.68% expense ratio, which is lower than FBGX's 1.29% expense ratio.

Dividends

FBGKX vs. FBGX - Dividend Comparison

FBGKX's dividend yield for the trailing twelve months is around 1.66%, while FBGX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
FBGX UBS AG FI Enhanced Large Cap Growth ETN	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FBGKX and FBGX in my portfolio?

FBGKX and FBGX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.