FBGRX vs. IMCG
FBGRX (Fidelity Blue Chip Growth Fund) and IMCG (iShares Morningstar Mid-Cap Growth ETF) are both funds - FBGRX is a Large Cap Growth Equities fund managed by Fidelity, while IMCG is a Mid Cap Growth Equities fund tracking the Morningstar US Mid Cap Broad Growth Index. Over the past 10 years, FBGRX returned 21.66%/yr vs 14.48%/yr for IMCG. Their correlation of 0.88 suggests significant overlap in exposure. FBGRX charges 0.79%/yr vs 0.06%/yr for IMCG.
Performance
FBGRX vs. IMCG - Performance Comparison
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Returns By Period
In the year-to-date period, FBGRX achieves a 13.86% return, which is significantly lower than IMCG's 18.63% return. Over the past 10 years, FBGRX has outperformed IMCG with an annualized return of 21.66%, while IMCG has yielded a comparatively lower 14.48% annualized return.
FBGRX
- 1D
- 2.59%
- 1M
- 0.29%
- YTD
- 13.86%
- 6M
- 15.39%
- 1Y
- 36.93%
- 3Y*
- 30.04%
- 5Y*
- 15.33%
- 10Y*
- 21.66%
IMCG
- 1D
- 0.83%
- 1M
- 4.95%
- YTD
- 18.63%
- 6M
- 17.29%
- 1Y
- 21.82%
- 3Y*
- 17.50%
- 5Y*
- 7.95%
- 10Y*
- 14.48%
FBGRX vs. IMCG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FBGRX Fidelity Blue Chip Growth Fund | 13.86% | 19.91% | 39.77% | 55.61% | -38.45% | 22.64% | 62.20% | 33.43% | 1.02% | 36.01% |
IMCG iShares Morningstar Mid-Cap Growth ETF | 18.63% | 6.55% | 18.14% | 20.73% | -25.79% | 15.39% | 45.64% | 35.70% | -3.68% | 25.57% |
Correlation
The correlation between FBGRX and IMCG is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.75 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.84 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.85 |
Correlation (All Time) Calculated using the full available price history since Jul 2, 2004 | 0.88 |
The correlation between FBGRX and IMCG shifts across timeframes, from 0.72 (1 year) to 0.88 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
FBGRX vs. IMCG — Risk / Return Rank
FBGRX
IMCG
FBGRX vs. IMCG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Blue Chip Growth Fund (FBGRX) and iShares Morningstar Mid-Cap Growth ETF (IMCG). 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.
| FBGRX | IMCG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.72 | ||
| Sortino ratioReturn per unit of downside risk | +0.76 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.24 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 2.95 | 2.16 | +0.80 |
| Martin ratioReturn relative to average drawdown | 12.23 | 8.22 | +4.01 |
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Drawdowns
FBGRX vs. IMCG - Drawdown Comparison
The maximum FBGRX drawdown since its inception was -58.64%, roughly equal to the maximum IMCG drawdown of -58.96%. Use the drawdown chart below to compare losses from any high point for FBGRX and IMCG.
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Drawdown Indicators
| FBGRX | IMCG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.64% | -58.96% | +0.32% |
Max Drawdown (1Y)Largest decline over 1 year | -12.65% | -10.17% | -2.48% |
Max Drawdown (3Y)Largest decline over 3 years | -27.07% | -21.92% | -5.15% |
Max Drawdown (5Y)Largest decline over 5 years | -43.08% | -35.08% | -8.00% |
Max Drawdown (10Y)Largest decline over 10 years | -43.08% | -35.08% | -8.00% |
Current DrawdownCurrent decline from peak | -3.97% | -1.66% | -2.31% |
Average DrawdownAverage peak-to-trough decline | -12.52% | -9.21% | -3.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.05% | 2.66% | +0.39% |
Volatility
FBGRX vs. IMCG - Volatility Comparison
Fidelity Blue Chip Growth Fund (FBGRX) and iShares Morningstar Mid-Cap Growth ETF (IMCG) have volatilities of 6.86% and 7.07%, 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.
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Volatility by Period
| FBGRX | IMCG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.86% | 7.07% | -0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 14.15% | 13.73% | +0.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.25% | 16.49% | +1.76% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.99% | 20.31% | +4.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.74% | 20.58% | +3.16% |
FBGRX vs. IMCG - Expense Ratio Comparison
FBGRX has a 0.79% expense ratio, which is higher than IMCG's 0.06% expense ratio.
Dividends
FBGRX vs. IMCG - Dividend Comparison
FBGRX's dividend yield for the trailing twelve months is around 1.67%, more than IMCG's 0.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBGRX Fidelity Blue Chip Growth Fund | 1.67% | 1.90% | 5.95% | 0.93% | 0.57% | 8.73% | 6.40% | 3.70% | 6.32% | 4.23% | 4.05% | 5.30% |
IMCG iShares Morningstar Mid-Cap Growth ETF | 0.66% | 0.78% | 0.78% | 0.85% | 0.91% | 0.41% | 0.09% | 0.30% | 0.35% | 0.45% | 0.52% | 0.38% |
Frequently Asked Questions
FBGRX and IMCG have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IMCG has higher volatility (7.07%) compared to FBGRX (6.86%). In terms of maximum drawdown, FBGRX dropped -58.64% vs IMCG's -58.96%.
FBGRX currently has the higher Sharpe Ratio (2.05 vs 1.33), 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.
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