FCPGX vs. VLEOX
FCPGX (Fidelity Small Cap Growth Fund) and VLEOX (Value Line Small Cap Opportunities Fund) are both Small Cap Growth Equities funds. Over the past 10 years, FCPGX returned 14.44%/yr vs 11.36%/yr for VLEOX. Their correlation of 0.92 means they have usually moved in the same direction. FCPGX charges 0.88%/yr vs 1.16%/yr for VLEOX.
Performance
FCPGX vs. VLEOX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FCPGX achieves a 20.02% return, which is significantly higher than VLEOX's 10.70% return. Over the past 10 years, FCPGX has outperformed VLEOX with an annualized return of 14.44%, while VLEOX has yielded a comparatively lower 11.36% annualized return.
FCPGX
- 1D
- -0.76%
- 1M
- -3.81%
- 6M
- 14.24%
- YTD
- 20.02%
- 1Y
- 35.61%
- 3Y*
- 18.63%
- 5Y*
- 7.76%
- 10Y*
- 14.44%
- ALL TIME*
- 12.12%
VLEOX
- 1D
- 0.58%
- 1M
- -0.71%
- 6M
- 5.46%
- YTD
- 10.70%
- 1Y
- 15.73%
- 3Y*
- 12.24%
- 5Y*
- 6.52%
- 10Y*
- 11.36%
- ALL TIME*
- 11.32%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FCPGX vs. VLEOX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FCPGX Fidelity Small Cap Growth Fund | 20.02% | 11.20% | 20.56% | 19.02% | -25.34% | 10.50% | 36.41% | 36.31% | -4.57% | 28.99% |
VLEOX Value Line Small Cap Opportunities Fund | 10.70% | 6.27% | 14.23% | 22.01% | -19.12% | 15.16% | 26.65% | 25.32% | -4.97% | 17.66% |
Correlation
The correlation between FCPGX and VLEOX is 0.77, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.77 |
Correlation (3Y) Balances recent behavior with more history. | 0.85 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.88 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.89 |
Correlation (All Time) Calculated using the full available price history since Nov 4, 2004 | 0.92 |
The correlation between FCPGX and VLEOX shifts across timeframes, from 0.77 (1 year) to 0.92 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FCPGX vs. VLEOX — Risk / Return Rank
FCPGX
VLEOX
FCPGX vs. VLEOX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Small Cap Growth Fund (FCPGX) and Value Line Small Cap Opportunities Fund (VLEOX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FCPGX | VLEOX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.56 | ||
| Sortino ratioReturn per unit of downside risk | +0.63 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.16 | +0.09 |
| Calmar ratioReturn relative to maximum drawdown | 2.53 | 1.41 | +1.12 |
| Martin ratioReturn relative to average drawdown | 9.44 | 4.91 | +4.54 |
Loading charts...
Drawdowns
FCPGX vs. VLEOX - Drawdown Comparison
The maximum FCPGX drawdown since its inception was -59.11%, which is greater than VLEOX's maximum drawdown of -55.86%. Use the drawdown chart below to compare losses from any high point for FCPGX and VLEOX.
Loading charts...
Drawdown Indicators
| FCPGX | VLEOX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.11% | -55.86% | -3.25% |
Max Drawdown (1Y)Largest decline over 1 year | -13.12% | -10.58% | -2.54% |
Max Drawdown (3Y)Largest decline over 3 years | -28.69% | -22.89% | -5.80% |
Max Drawdown (5Y)Largest decline over 5 years | -39.04% | -30.68% | -8.36% |
Max Drawdown (10Y)Largest decline over 10 years | -39.04% | -35.30% | -3.74% |
Current DrawdownCurrent decline from peak | -5.96% | -1.73% | -4.23% |
Average DrawdownAverage peak-to-trough decline | -10.64% | -9.45% | -1.19% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.52% | 3.04% | +0.48% |
Volatility
FCPGX vs. VLEOX - Volatility Comparison
Fidelity Small Cap Growth Fund (FCPGX) has a higher volatility of 5.98% compared to Value Line Small Cap Opportunities Fund (VLEOX) at 3.77%. This indicates that FCPGX's price experiences larger fluctuations and is considered to be riskier than VLEOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FCPGX | VLEOX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.98% | 3.77% | +2.21% |
Volatility (6M)Calculated over the trailing 6-month period | 17.96% | 12.45% | +5.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.71% | 16.53% | +6.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.72% | 19.33% | +4.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.94% | 19.98% | +2.96% |
FCPGX vs. VLEOX - Expense Ratio Comparison
FCPGX has a 0.88% expense ratio, which is lower than VLEOX's 1.16% expense ratio.
Dividends
FCPGX vs. VLEOX - Dividend Comparison
FCPGX's dividend yield for the trailing twelve months is around 5.32%, less than VLEOX's 5.78% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FCPGX Fidelity Small Cap Growth Fund | 5.32% | 6.38% | 1.37% | 0.00% | 0.00% | 19.27% | 8.19% | 5.31% | 14.35% | 6.88% | 1.53% | 4.32% |
VLEOX Value Line Small Cap Opportunities Fund | 5.78% | 6.40% | 0.09% | 0.82% | 2.76% | 6.00% | 8.02% | 23.60% | 15.87% | 3.64% | 5.40% | 14.55% |
Frequently Asked Questions
FCPGX and VLEOX have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FCPGX has higher volatility (5.98%) compared to VLEOX (3.77%). In terms of maximum drawdown, FCPGX dropped -59.11% vs VLEOX's -55.86%.
FCPGX currently has the higher Sharpe Ratio (1.47 vs 0.91), 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.
Find the right allocation for FCPGX and VLEOX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer