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FCVSX vs. VOOG
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FCVSX vs. VOOG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Convertible Securities Fund (FCVSX) and Vanguard S&P 500 Growth ETF (VOOG). The values are adjusted to include any dividend payments, if applicable.

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FCVSX vs. VOOG - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FCVSX
Fidelity Convertible Securities Fund
4.06%8.52%13.91%11.42%-15.33%9.95%42.52%28.58%-1.29%9.03%
VOOG
Vanguard S&P 500 Growth ETF
-6.97%22.11%35.89%29.96%-29.48%31.95%33.35%30.93%-0.21%27.19%

Returns By Period

In the year-to-date period, FCVSX achieves a 4.06% return, which is significantly higher than VOOG's -6.97% return. Over the past 10 years, FCVSX has underperformed VOOG with an annualized return of 11.05%, while VOOG has yielded a comparatively higher 15.86% annualized return.


FCVSX

1D
2.65%
1M
-4.07%
YTD
4.06%
6M
-4.40%
1Y
16.70%
3Y*
11.27%
5Y*
4.84%
10Y*
11.05%

VOOG

1D
1.30%
1M
-4.28%
YTD
-6.97%
6M
-5.29%
1Y
23.21%
3Y*
22.32%
5Y*
12.46%
10Y*
15.86%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FCVSX vs. VOOG - Expense Ratio Comparison

FCVSX has a 0.67% expense ratio, which is higher than VOOG's 0.07% expense ratio.


Return for Risk

FCVSX vs. VOOG — Risk / Return Rank

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

FCVSX
FCVSX Risk / Return Rank: 4545
Overall Rank
FCVSX Sharpe Ratio Rank: 4545
Sharpe Ratio Rank
FCVSX Sortino Ratio Rank: 3737
Sortino Ratio Rank
FCVSX Omega Ratio Rank: 4545
Omega Ratio Rank
FCVSX Calmar Ratio Rank: 5757
Calmar Ratio Rank
FCVSX Martin Ratio Rank: 4040
Martin Ratio Rank

VOOG
VOOG Risk / Return Rank: 6262
Overall Rank
VOOG Sharpe Ratio Rank: 5757
Sharpe Ratio Rank
VOOG Sortino Ratio Rank: 6161
Sortino Ratio Rank
VOOG Omega Ratio Rank: 6060
Omega Ratio Rank
VOOG Calmar Ratio Rank: 6767
Calmar Ratio Rank
VOOG Martin Ratio Rank: 6666
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.

FCVSX vs. VOOG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Convertible Securities Fund (FCVSX) and Vanguard S&P 500 Growth ETF (VOOG). 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.


FCVSXVOOGDifference

Sharpe ratio

Return per unit of total volatility

0.95

1.05

-0.10

Sortino ratio

Return per unit of downside risk

1.25

1.62

-0.37

Omega ratio

Gain probability vs. loss probability

1.20

1.23

-0.03

Calmar ratio

Return relative to maximum drawdown

1.42

1.76

-0.34

Martin ratio

Return relative to average drawdown

4.29

6.81

-2.52

FCVSX vs. VOOG - Sharpe Ratio Comparison

The current FCVSX Sharpe Ratio is 0.95, which is comparable to the VOOG Sharpe Ratio of 1.05. The chart below compares the historical Sharpe Ratios of FCVSX and VOOG, 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


FCVSXVOOGDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.95

1.05

-0.10

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.35

0.59

-0.24

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.81

0.77

+0.04

Sharpe Ratio (All Time)

Calculated using the full available price history

0.70

0.84

-0.14

Correlation

The correlation between FCVSX and VOOG is 0.82, 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.


Dividends

FCVSX vs. VOOG - Dividend Comparison

FCVSX's dividend yield for the trailing twelve months is around 2.13%, more than VOOG's 0.53% yield.


TTM20252024202320222021202020192018201720162015
FCVSX
Fidelity Convertible Securities Fund
2.13%2.21%7.47%2.13%3.78%20.64%10.75%3.28%9.86%4.11%4.90%10.41%
VOOG
Vanguard S&P 500 Growth ETF
0.53%0.49%0.49%1.12%0.93%0.53%0.88%1.26%1.34%1.32%1.47%1.56%

Drawdowns

FCVSX vs. VOOG - Drawdown Comparison

The maximum FCVSX drawdown since its inception was -58.76%, which is greater than VOOG's maximum drawdown of -32.73%. Use the drawdown chart below to compare losses from any high point for FCVSX and VOOG.


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Drawdown Indicators


FCVSXVOOGDifference

Max Drawdown

Largest peak-to-trough decline

-58.76%

-32.73%

-26.03%

Max Drawdown (1Y)

Largest decline over 1 year

-10.68%

-13.71%

+3.03%

Max Drawdown (5Y)

Largest decline over 5 years

-24.18%

-32.73%

+8.55%

Max Drawdown (10Y)

Largest decline over 10 years

-25.08%

-32.73%

+7.65%

Current Drawdown

Current decline from peak

-7.05%

-9.07%

+2.02%

Average Drawdown

Average peak-to-trough decline

-7.25%

-5.01%

-2.24%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.53%

3.54%

-0.01%

Volatility

FCVSX vs. VOOG - Volatility Comparison

The current volatility for Fidelity Convertible Securities Fund (FCVSX) is 6.86%, while Vanguard S&P 500 Growth ETF (VOOG) has a volatility of 7.28%. This indicates that FCVSX experiences smaller price fluctuations and is considered to be less risky than VOOG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FCVSXVOOGDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.86%

7.28%

-0.42%

Volatility (6M)

Calculated over the trailing 6-month period

15.63%

12.68%

+2.95%

Volatility (1Y)

Calculated over the trailing 1-year period

18.35%

22.28%

-3.93%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

13.83%

21.16%

-7.33%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

13.74%

20.65%

-6.91%