FBGKX vs. MGK
Compare and contrast key facts about Fidelity Blue Chip Growth Fund Class K (FBGKX) and Vanguard Mega Cap Growth ETF (MGK).
FBGKX is managed by Fidelity. It was launched on May 9, 2008. MGK is a passively managed fund by Vanguard that tracks the performance of the MSCI US Large Cap Growth Index. It was launched on Dec 17, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBGKX or MGK.
Key characteristics
| FBGKX | MGK | |
|---|---|---|
| YTD Return | 30.04% | 31.56% |
| 1Y Return | 38.44% | 38.39% |
| 3Y Return (Ann) | 5.26% | 10.27% |
| 5Y Return (Ann) | 17.18% | 20.28% |
| 10Y Return (Ann) | 13.60% | 16.59% |
| Sharpe Ratio | 2.09 | 2.38 |
| Sortino Ratio | 2.71 | 3.07 |
| Omega Ratio | 1.38 | 1.43 |
| Calmar Ratio | 2.34 | 3.02 |
| Martin Ratio | 8.60 | 11.51 |
| Ulcer Index | 4.83% | 3.56% |
| Daily Std Dev | 19.86% | 17.25% |
| Max Drawdown | -48.63% | -48.36% |
| Current Drawdown | -1.79% | -0.06% |
Correlation
The correlation between FBGKX and MGK 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
FBGKX vs. MGK - Performance Comparison
In the year-to-date period, FBGKX achieves a 30.04% return, which is significantly lower than MGK's 31.56% return. Over the past 10 years, FBGKX has underperformed MGK with an annualized return of 13.60%, while MGK has yielded a comparatively higher 16.59% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FBGKX vs. MGK - Expense Ratio Comparison
FBGKX has a 0.68% expense ratio, which is higher than MGK's 0.07% expense ratio.
Risk-Adjusted Performance
FBGKX vs. MGK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Blue Chip Growth Fund Class K (FBGKX) and Vanguard Mega Cap Growth ETF (MGK). 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
FBGKX vs. MGK - Dividend Comparison
FBGKX's dividend yield for the trailing twelve months is around 0.25%, less than MGK's 0.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBGKX Fidelity Blue Chip Growth Fund Class K | 0.25% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.23% | 0.18% | 0.40% | 5.19% | 6.31% | 8.07% |
MGK Vanguard Mega Cap Growth ETF | 0.42% | 0.50% | 0.70% | 0.41% | 0.65% | 0.85% | 1.12% | 1.23% | 1.53% | 1.43% | 1.25% | 1.29% |
Drawdowns
FBGKX vs. MGK - Drawdown Comparison
The maximum FBGKX drawdown since its inception was -48.63%, roughly equal to the maximum MGK drawdown of -48.36%. Use the drawdown chart below to compare losses from any high point for FBGKX and MGK. For additional features, visit the drawdowns tool.
Volatility
FBGKX vs. MGK - Volatility Comparison
Fidelity Blue Chip Growth Fund Class K (FBGKX) and Vanguard Mega Cap Growth ETF (MGK) have volatilities of 5.24% and 5.06%, 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.