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FCGSX vs. KMKNX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FCGSX vs. KMKNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Series Growth Company Fund (FCGSX) and Kinetics Market Opportunities Fund No Load Class (KMKNX). The values are adjusted to include any dividend payments, if applicable.

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FCGSX vs. KMKNX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FCGSX
Fidelity Series Growth Company Fund
-6.64%25.52%38.00%45.97%-32.15%25.13%70.01%39.75%-4.03%37.69%
KMKNX
Kinetics Market Opportunities Fund No Load Class
20.82%-3.09%84.05%-7.34%14.98%28.03%19.56%22.76%-10.68%47.26%

Returns By Period

In the year-to-date period, FCGSX achieves a -6.64% return, which is significantly lower than KMKNX's 20.82% return. Both investments have delivered pretty close results over the past 10 years, with FCGSX having a 21.43% annualized return and KMKNX not far behind at 20.93%.


FCGSX

1D
-1.20%
1M
-8.19%
YTD
-6.64%
6M
-2.02%
1Y
33.82%
3Y*
27.05%
5Y*
14.28%
10Y*
21.43%

KMKNX

1D
-4.58%
1M
-7.37%
YTD
20.82%
6M
11.56%
1Y
6.42%
3Y*
31.78%
5Y*
15.03%
10Y*
20.93%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FCGSX vs. KMKNX - Expense Ratio Comparison

FCGSX has a 0.00% expense ratio, which is lower than KMKNX's 1.40% expense ratio.


Return for Risk

FCGSX vs. KMKNX — Risk / Return Rank

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

FCGSX
FCGSX Risk / Return Rank: 8282
Overall Rank
FCGSX Sharpe Ratio Rank: 7878
Sharpe Ratio Rank
FCGSX Sortino Ratio Rank: 8181
Sortino Ratio Rank
FCGSX Omega Ratio Rank: 7676
Omega Ratio Rank
FCGSX Calmar Ratio Rank: 8787
Calmar Ratio Rank
FCGSX Martin Ratio Rank: 9090
Martin Ratio Rank

KMKNX
KMKNX Risk / Return Rank: 1111
Overall Rank
KMKNX Sharpe Ratio Rank: 1212
Sharpe Ratio Rank
KMKNX Sortino Ratio Rank: 1212
Sortino Ratio Rank
KMKNX Omega Ratio Rank: 1212
Omega Ratio Rank
KMKNX Calmar Ratio Rank: 1111
Calmar Ratio Rank
KMKNX Martin Ratio Rank: 99
Martin Ratio Rank
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. KMKNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Growth Company Fund (FCGSX) and Kinetics Market Opportunities Fund No Load Class (KMKNX). 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.


FCGSXKMKNXDifference

Sharpe ratio

Return per unit of total volatility

1.40

0.28

+1.12

Sortino ratio

Return per unit of downside risk

2.02

0.56

+1.46

Omega ratio

Gain probability vs. loss probability

1.29

1.07

+0.22

Calmar ratio

Return relative to maximum drawdown

2.25

0.26

+1.99

Martin ratio

Return relative to average drawdown

10.23

0.48

+9.75

FCGSX vs. KMKNX - Sharpe Ratio Comparison

The current FCGSX Sharpe Ratio is 1.40, which is higher than the KMKNX Sharpe Ratio of 0.28. The chart below compares the historical Sharpe Ratios of FCGSX and KMKNX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FCGSXKMKNXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.40

0.28

+1.12

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.61

0.57

+0.04

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.93

0.90

+0.03

Sharpe Ratio (All Time)

Calculated using the full available price history

0.87

0.57

+0.29

Correlation

The correlation between FCGSX and KMKNX is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Dividends

FCGSX vs. KMKNX - Dividend Comparison

FCGSX's dividend yield for the trailing twelve months is around 11.22%, more than KMKNX's 0.55% yield.


TTM20252024202320222021202020192018201720162015
FCGSX
Fidelity Series Growth Company Fund
11.22%10.48%12.49%3.13%0.61%38.65%31.99%11.06%13.21%10.51%2.44%0.25%
KMKNX
Kinetics Market Opportunities Fund No Load Class
0.55%0.66%0.81%0.87%1.36%1.56%0.26%0.33%9.13%0.64%0.00%0.00%

Drawdowns

FCGSX vs. KMKNX - Drawdown Comparison

The maximum FCGSX drawdown since its inception was -38.77%, smaller than the maximum KMKNX drawdown of -65.47%. Use the drawdown chart below to compare losses from any high point for FCGSX and KMKNX.


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Drawdown Indicators


FCGSXKMKNXDifference

Max Drawdown

Largest peak-to-trough decline

-38.77%

-65.47%

+26.70%

Max Drawdown (1Y)

Largest decline over 1 year

-13.10%

-19.52%

+6.42%

Max Drawdown (5Y)

Largest decline over 5 years

-38.77%

-31.47%

-7.30%

Max Drawdown (10Y)

Largest decline over 10 years

-38.77%

-31.47%

-7.30%

Current Drawdown

Current decline from peak

-10.42%

-11.40%

+0.98%

Average Drawdown

Average peak-to-trough decline

-7.05%

-15.30%

+8.25%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.88%

10.57%

-7.69%

Volatility

FCGSX vs. KMKNX - Volatility Comparison

The current volatility for Fidelity Series Growth Company Fund (FCGSX) is 6.66%, while Kinetics Market Opportunities Fund No Load Class (KMKNX) has a volatility of 7.15%. This indicates that FCGSX experiences smaller price fluctuations and is considered to be less risky than KMKNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FCGSXKMKNXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.66%

7.15%

-0.49%

Volatility (6M)

Calculated over the trailing 6-month period

13.74%

17.83%

-4.09%

Volatility (1Y)

Calculated over the trailing 1-year period

23.80%

24.62%

-0.82%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

23.62%

26.44%

-2.82%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

23.15%

23.39%

-0.24%