FBGRX vs. SPYG
Compare and contrast key facts about Fidelity Blue Chip Growth Fund (FBGRX) and SPDR Portfolio S&P 500 Growth ETF (SPYG).
FBGRX is managed by Fidelity. It was launched on Dec 31, 1987. SPYG is a passively managed fund by State Street that tracks the performance of the S&P 500 Growth Index. It was launched on Sep 25, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FBGRX or SPYG.
Key characteristics
| FBGRX | SPYG | |
|---|---|---|
| YTD Return | 15.21% | 11.22% |
| 1Y Return | 51.69% | 33.07% |
| 3Y Return (Ann) | 8.37% | 7.83% |
| 5Y Return (Ann) | 19.01% | 14.57% |
| 10Y Return (Ann) | 17.59% | 14.33% |
| Sharpe Ratio | 2.81 | 2.30 |
| Daily Std Dev | 18.06% | 13.98% |
| Max Drawdown | -57.42% | -67.79% |
| Current Drawdown | -1.52% | -2.01% |
Correlation
The correlation between FBGRX and SPYG is 0.89, 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. SPYG - Performance Comparison
In the year-to-date period, FBGRX achieves a 15.21% return, which is significantly higher than SPYG's 11.22% return. Over the past 10 years, FBGRX has outperformed SPYG with an annualized return of 17.59%, while SPYG has yielded a comparatively lower 14.33% 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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FBGRX vs. SPYG - Expense Ratio Comparison
FBGRX has a 0.79% expense ratio, which is higher than SPYG's 0.04% expense ratio.
Risk-Adjusted Performance
FBGRX vs. SPYG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Blue Chip Growth Fund (FBGRX) and SPDR Portfolio S&P 500 Growth ETF (SPYG). 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. SPYG - Dividend Comparison
FBGRX's dividend yield for the trailing twelve months is around 0.81%, less than SPYG's 0.94% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FBGRX Fidelity Blue Chip Growth Fund | 0.81% | 0.93% | 0.57% | 8.73% | 6.40% | 3.70% | 6.32% | 4.28% | 4.05% | 5.07% | 6.08% | 7.80% |
SPYG SPDR Portfolio S&P 500 Growth ETF | 0.94% | 1.15% | 1.03% | 0.62% | 0.90% | 1.37% | 1.51% | 1.41% | 1.55% | 1.57% | 1.37% | 1.42% |
Drawdowns
FBGRX vs. SPYG - Drawdown Comparison
The maximum FBGRX drawdown since its inception was -57.42%, smaller than the maximum SPYG drawdown of -67.79%. Use the drawdown chart below to compare losses from any high point for FBGRX and SPYG. For additional features, visit the drawdowns tool.
Volatility
FBGRX vs. SPYG - Volatility Comparison
Fidelity Blue Chip Growth Fund (FBGRX) has a higher volatility of 6.90% compared to SPDR Portfolio S&P 500 Growth ETF (SPYG) at 5.89%. This indicates that FBGRX's price experiences larger fluctuations and is considered to be riskier than SPYG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.