FCGSX vs. DIVB

Last updated Jun 4, 2026

FCGSX (Fidelity Series Growth Company Fund) and DIVB (iShares U.S. Dividend and Buyback ETF) are both funds - FCGSX is a Large Cap Growth Equities fund managed by Fidelity, while DIVB is a Large Cap Blend Equities fund tracking the Morningstar US Dividend and Buyback Index. Over the past 5 years, FCGSX returned 19.86%/yr vs 12.19%/yr for DIVB. A 0.63 correlation means they provide meaningful diversification when combined. FCGSX charges 0.00%/yr vs 0.25%/yr for DIVB.

Performance

FCGSX vs. DIVB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Series Growth Company Fund (FCGSX) and iShares U.S. Dividend and Buyback ETF (DIVB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FCGSX achieves a 23.92% return, which is significantly higher than DIVB's 17.35% return.

FCGSX

• 1D: 0.06%
• 1M: 8.76%
• YTD: 23.92%
• 6M: 25.96%
• 1Y: 56.65%
• 3Y*: 34.73%
• 5Y*: 19.86%
• 10Y*: 24.67%

DIVB

• 1D: -0.56%
• 1M: 8.55%
• YTD: 17.35%
• 6M: 17.71%
• 1Y: 29.81%
• 3Y*: 22.07%
• 5Y*: 12.19%
• 10Y*: —

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

FCGSX vs. DIVB - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FCGSX Fidelity Series Growth Company Fund	23.92%	25.52%	38.00%	45.97%	-32.15%	25.13%	70.01%	39.75%	-4.03%	2.89%
DIVB iShares U.S. Dividend and Buyback ETF	17.35%	15.09%	18.59%	13.27%	-10.51%	31.29%	10.78%	32.72%	-8.16%	5.95%

Correlation

The correlation between FCGSX and DIVB is 0.38, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.38
Correlation (3Y) Calculated over the trailing 3-year period	0.45
Correlation (5Y) Calculated over the trailing 5-year period	0.63
Correlation (All Time) Calculated using the full available price history since Nov 10, 2017	0.63

Over the past year, the correlation between FCGSX and DIVB has dropped to 0.38 - well below their long-term average of 0.63, suggesting their price drivers have been diverging.

Return for Risk

FCGSX vs. DIVB — Risk / Return Rank

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

FCGSX

FCGSX Risk / Return Rank: 91
FCGSX Sharpe Ratio Rank: 95
FCGSX Sortino Ratio Rank: 86
FCGSX Omega Ratio Rank: 82
FCGSX Calmar Ratio Rank: 94
FCGSX Martin Ratio Rank: 97

DIVB

DIVB Risk / Return Rank: 79
DIVB Sharpe Ratio Rank: 80
DIVB Sortino Ratio Rank: 82
DIVB Omega Ratio Rank: 77
DIVB Calmar Ratio Rank: 82
DIVB Martin Ratio Rank: 76

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.

FCGSX vs. DIVB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Growth Company Fund (FCGSX) and iShares U.S. Dividend and Buyback ETF (DIVB). 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.

	FCGSX	DIVB	Difference
Sharpe ratio: Return per unit of total volatility	3.32	2.65	+0.67
Sortino ratio: Return per unit of downside risk	4.10	3.73	+0.37
Omega ratio: Gain probability vs. loss probability	1.54	1.47	+0.08
Calmar ratio: Return relative to maximum drawdown	5.62	4.39	+1.23
Martin ratio: Return relative to average drawdown	25.64	14.95	+10.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FCGSX vs. DIVB - Sharpe Ratio Comparison

The current FCGSX Sharpe Ratio is 3.32, which is comparable to the DIVB Sharpe Ratio of 2.65. The chart below compares the historical Sharpe Ratios of FCGSX and DIVB, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FCGSX	DIVB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.32	2.65	+0.67
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.84	0.80	+0.04
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	1.07	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.98	0.76	+0.22

Drawdowns

FCGSX vs. DIVB - Drawdown Comparison

The maximum FCGSX drawdown since its inception was -38.77%, roughly equal to the maximum DIVB drawdown of -36.93%. Use the drawdown chart below to compare losses from any high point for FCGSX and DIVB.

Drawdown Indicators

	FCGSX	DIVB	Difference
Max Drawdown Largest peak-to-trough decline	-38.77%	-36.93%	-1.84%
Max Drawdown (1Y) Largest decline over 1 year	-10.42%	-6.82%	-3.60%
Max Drawdown (3Y) Largest decline over 3 years	-26.07%	-15.45%	-10.62%
Max Drawdown (5Y) Largest decline over 5 years	-38.77%	-21.08%	-17.69%
Max Drawdown (10Y) Largest decline over 10 years	-38.77%	—	—
Current Drawdown Current decline from peak	0.00%	-0.56%	+0.56%
Average Drawdown Average peak-to-trough decline	-6.96%	-4.99%	-1.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.28%	2.00%	+0.28%

Volatility

FCGSX vs. DIVB - Volatility Comparison

Fidelity Series Growth Company Fund (FCGSX) has a higher volatility of 4.38% compared to iShares U.S. Dividend and Buyback ETF (DIVB) at 3.34%. This indicates that FCGSX's price experiences larger fluctuations and is considered to be riskier than DIVB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FCGSX	DIVB	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.38%	3.34%	+1.04%
Volatility (6M) Calculated over the trailing 6-month period	13.35%	8.44%	+4.91%
Volatility (1Y) Calculated over the trailing 1-year period	17.66%	11.33%	+6.33%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.66%	15.23%	+8.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.24%	18.38%	+4.86%

FCGSX vs. DIVB - Expense Ratio Comparison

FCGSX has a 0.00% expense ratio, which is lower than DIVB's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

FCGSX vs. DIVB - Dividend Comparison

FCGSX's dividend yield for the trailing twelve months is around 8.45%, more than DIVB's 2.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DIVB iShares U.S. Dividend and Buyback ETF	2.19%	2.50%	2.61%	3.18%	2.02%	1.63%	2.08%	2.07%	2.52%	0.37%	0.00%	0.00%
FCGSX Fidelity Series Growth Company Fund	8.45%	10.48%	12.49%	3.13%	0.61%	38.65%	31.99%	11.06%	13.21%	10.51%	2.44%	0.25%

Frequently Asked Questions

Can I hold both FCGSX and DIVB in my portfolio?

FCGSX and DIVB have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FCGSX or DIVB?

FCGSX has higher volatility (4.38%) compared to DIVB (3.34%). In terms of maximum drawdown, FCGSX dropped -38.77% vs DIVB's -36.93%.

Which has better risk-adjusted returns?

FCGSX currently has the higher Sharpe Ratio (3.32 vs 2.65), 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.