FBGRX vs. SPY
Compare and contrast key facts about Fidelity Blue Chip Growth Fund (FBGRX) and SPDR S&P 500 ETF (SPY).
FBGRX is managed by Fidelity. It was launched on Dec 31, 1987. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBGRX or SPY.
Correlation
The correlation between FBGRX and SPY is 0.90, 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
FBGRX vs. SPY - Performance Comparison
Key characteristics
FBGRX:
1.63
SPY:
2.20
FBGRX:
2.17
SPY:
2.91
FBGRX:
1.29
SPY:
1.41
FBGRX:
2.23
SPY:
3.35
FBGRX:
6.78
SPY:
13.99
FBGRX:
4.95%
SPY:
2.01%
FBGRX:
20.62%
SPY:
12.79%
FBGRX:
-55.96%
SPY:
-55.19%
FBGRX:
-2.83%
SPY:
-1.35%
Returns By Period
The year-to-date returns for both investments are quite close, with FBGRX having a 1.94% return and SPY slightly higher at 1.96%. Both investments have delivered pretty close results over the past 10 years, with FBGRX having a 13.60% annualized return and SPY not far behind at 13.29%.
FBGRX
1.94%
0.39%
5.97%
29.76%
15.28%
13.60%
SPY
1.96%
1.09%
8.43%
25.46%
14.30%
13.29%
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FBGRX vs. SPY - Expense Ratio Comparison
FBGRX has a 0.79% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FBGRX vs. SPY — Risk-Adjusted Performance Rank
FBGRX
SPY
FBGRX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Blue Chip Growth Fund (FBGRX) and SPDR S&P 500 ETF (SPY). 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
FBGRX vs. SPY - Dividend Comparison
FBGRX's dividend yield for the trailing twelve months is around 0.23%, less than SPY's 1.18% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBGRX Fidelity Blue Chip Growth Fund | 0.23% | 0.23% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.12% | 0.09% | 0.22% | 5.07% | 6.08% |
SPY SPDR S&P 500 ETF | 1.18% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% |
Drawdowns
FBGRX vs. SPY - Drawdown Comparison
The maximum FBGRX drawdown since its inception was -55.96%, roughly equal to the maximum SPY drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FBGRX and SPY. For additional features, visit the drawdowns tool.
Volatility
FBGRX vs. SPY - Volatility Comparison
Fidelity Blue Chip Growth Fund (FBGRX) has a higher volatility of 6.50% compared to SPDR S&P 500 ETF (SPY) at 5.10%. This indicates that FBGRX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.