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FCPGX vs. SPY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FCPGX and SPY is 0.85, 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.


-0.50.00.51.0
Correlation: 0.8

Performance

FCPGX vs. SPY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Small Cap Growth Fund (FCPGX) and SPDR S&P 500 ETF (SPY). The values are adjusted to include any dividend payments, if applicable.

300.00%400.00%500.00%600.00%700.00%NovemberDecember2025FebruaryMarchApril
377.43%
588.30%
FCPGX
SPY

Key characteristics

Sharpe Ratio

FCPGX:

0.01

SPY:

0.54

Sortino Ratio

FCPGX:

0.19

SPY:

0.89

Omega Ratio

FCPGX:

1.02

SPY:

1.13

Calmar Ratio

FCPGX:

0.00

SPY:

0.58

Martin Ratio

FCPGX:

0.02

SPY:

2.39

Ulcer Index

FCPGX:

8.78%

SPY:

4.51%

Daily Std Dev

FCPGX:

25.41%

SPY:

20.07%

Max Drawdown

FCPGX:

-59.11%

SPY:

-55.19%

Current Drawdown

FCPGX:

-26.25%

SPY:

-10.54%

Returns By Period

In the year-to-date period, FCPGX achieves a -12.37% return, which is significantly lower than SPY's -6.44% return. Over the past 10 years, FCPGX has underperformed SPY with an annualized return of 4.34%, while SPY has yielded a comparatively higher 11.95% annualized return.


FCPGX

YTD

-12.37%

1M

-6.56%

6M

-12.75%

1Y

-1.60%

5Y*

4.84%

10Y*

4.34%

SPY

YTD

-6.44%

1M

-5.00%

6M

-5.02%

1Y

9.54%

5Y*

15.80%

10Y*

11.95%

*Annualized

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FCPGX vs. SPY - Expense Ratio Comparison

FCPGX has a 1.00% expense ratio, which is higher than SPY's 0.09% expense ratio.


Expense ratio chart for FCPGX: current value is 1.00%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FCPGX: 1.00%
Expense ratio chart for SPY: current value is 0.09%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SPY: 0.09%

Risk-Adjusted Performance

FCPGX vs. SPY — Risk-Adjusted Performance Rank

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

FCPGX
The Risk-Adjusted Performance Rank of FCPGX is 2727
Overall Rank
The Sharpe Ratio Rank of FCPGX is 2626
Sharpe Ratio Rank
The Sortino Ratio Rank of FCPGX is 2929
Sortino Ratio Rank
The Omega Ratio Rank of FCPGX is 2828
Omega Ratio Rank
The Calmar Ratio Rank of FCPGX is 2525
Calmar Ratio Rank
The Martin Ratio Rank of FCPGX is 2626
Martin Ratio Rank

SPY
The Risk-Adjusted Performance Rank of SPY is 6565
Overall Rank
The Sharpe Ratio Rank of SPY is 6262
Sharpe Ratio Rank
The Sortino Ratio Rank of SPY is 6464
Sortino Ratio Rank
The Omega Ratio Rank of SPY is 6565
Omega Ratio Rank
The Calmar Ratio Rank of SPY is 6969
Calmar Ratio Rank
The Martin Ratio Rank of SPY is 6767
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FCPGX vs. SPY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Small Cap Growth Fund (FCPGX) 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.


The chart of Sharpe ratio for FCPGX, currently valued at 0.01, compared to the broader market-1.000.001.002.003.00
FCPGX: 0.01
SPY: 0.54
The chart of Sortino ratio for FCPGX, currently valued at 0.19, compared to the broader market-2.000.002.004.006.008.00
FCPGX: 0.19
SPY: 0.89
The chart of Omega ratio for FCPGX, currently valued at 1.02, compared to the broader market0.501.001.502.002.503.00
FCPGX: 1.02
SPY: 1.13
The chart of Calmar ratio for FCPGX, currently valued at 0.00, compared to the broader market0.002.004.006.008.0010.00
FCPGX: 0.00
SPY: 0.58
The chart of Martin ratio for FCPGX, currently valued at 0.02, compared to the broader market0.0010.0020.0030.0040.0050.00
FCPGX: 0.02
SPY: 2.39

The current FCPGX Sharpe Ratio is 0.01, which is lower than the SPY Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of FCPGX and SPY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.01
0.54
FCPGX
SPY

Dividends

FCPGX vs. SPY - Dividend Comparison

FCPGX's dividend yield for the trailing twelve months is around 1.09%, less than SPY's 1.31% yield.


TTM20242023202220212020201920182017201620152014
FCPGX
Fidelity Small Cap Growth Fund
1.09%0.95%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%4.32%8.37%
SPY
SPDR S&P 500 ETF
1.31%1.21%1.40%1.65%1.20%1.52%1.75%2.04%1.80%2.03%2.06%1.87%

Drawdowns

FCPGX vs. SPY - Drawdown Comparison

The maximum FCPGX drawdown since its inception was -59.11%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FCPGX and SPY. For additional features, visit the drawdowns tool.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-26.25%
-10.54%
FCPGX
SPY

Volatility

FCPGX vs. SPY - Volatility Comparison

Fidelity Small Cap Growth Fund (FCPGX) and SPDR S&P 500 ETF (SPY) have volatilities of 15.29% and 15.13%, 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.


0.00%5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
15.29%
15.13%
FCPGX
SPY