FDCF vs. MGK
Compare and contrast key facts about Fidelity Disruptive Communications ETF (FDCF) and Vanguard Mega Cap Growth ETF (MGK).
FDCF and MGK are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FDCF is an actively managed fund by Fidelity. It was launched on Apr 16, 2020. MGK is a passively managed fund by Vanguard that tracks the performance of the MSCI US Large Cap Growth Index. It was launched on Dec 17, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDCF or MGK.
Correlation
The correlation between FDCF and MGK is 0.83, 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.
Performance
FDCF vs. MGK - Performance Comparison
Key characteristics
FDCF:
1.92
MGK:
1.53
FDCF:
2.58
MGK:
2.06
FDCF:
1.34
MGK:
1.28
FDCF:
2.59
MGK:
2.05
FDCF:
9.18
MGK:
7.50
FDCF:
3.93%
MGK:
3.71%
FDCF:
18.82%
MGK:
18.23%
FDCF:
-14.27%
MGK:
-48.36%
FDCF:
-0.04%
MGK:
-0.09%
Returns By Period
In the year-to-date period, FDCF achieves a 10.70% return, which is significantly higher than MGK's 3.99% return.
FDCF
10.70%
7.27%
19.06%
37.69%
N/A
N/A
MGK
3.99%
2.94%
13.00%
28.51%
18.05%
16.52%
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FDCF vs. MGK - Expense Ratio Comparison
FDCF has a 0.50% expense ratio, which is higher than MGK's 0.07% expense ratio.
Risk-Adjusted Performance
FDCF vs. MGK — Risk-Adjusted Performance Rank
FDCF
MGK
FDCF vs. MGK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Disruptive Communications ETF (FDCF) and Vanguard Mega Cap Growth ETF (MGK). 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.
Dividends
FDCF vs. MGK - Dividend Comparison
FDCF's dividend yield for the trailing twelve months is around 0.06%, less than MGK's 0.41% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDCF Fidelity Disruptive Communications ETF | 0.06% | 0.07% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MGK Vanguard Mega Cap Growth ETF | 0.41% | 0.43% | 0.50% | 0.70% | 0.41% | 0.65% | 0.85% | 1.12% | 1.23% | 1.53% | 1.43% | 1.25% |
Drawdowns
FDCF vs. MGK - Drawdown Comparison
The maximum FDCF drawdown since its inception was -14.27%, smaller than the maximum MGK drawdown of -48.36%. Use the drawdown chart below to compare losses from any high point for FDCF and MGK. For additional features, visit the drawdowns tool.
Volatility
FDCF vs. MGK - Volatility Comparison
Fidelity Disruptive Communications ETF (FDCF) and Vanguard Mega Cap Growth ETF (MGK) have volatilities of 5.42% and 5.28%, 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.