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.
Key characteristics
| FDCF | MGK | |
|---|---|---|
| YTD Return | 31.86% | 31.65% |
| 1Y Return | 48.38% | 41.08% |
| Sharpe Ratio | 2.59 | 2.38 |
| Sortino Ratio | 3.37 | 3.07 |
| Omega Ratio | 1.46 | 1.43 |
| Calmar Ratio | 3.48 | 3.03 |
| Martin Ratio | 13.04 | 11.53 |
| Ulcer Index | 3.72% | 3.56% |
| Daily Std Dev | 18.75% | 17.25% |
| Max Drawdown | -14.27% | -48.36% |
| Current Drawdown | -1.40% | 0.00% |
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
The year-to-date returns for both stocks are quite close, with FDCF having a 31.86% return and MGK slightly lower at 31.65%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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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 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 0.07%, less than MGK's 0.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDCF Fidelity Disruptive Communications ETF | 0.07% | 0.00% | 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 | 0.42% | 0.50% | 0.70% | 0.41% | 0.65% | 0.85% | 1.12% | 1.23% | 1.53% | 1.43% | 1.25% | 1.29% |
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
The current volatility for Fidelity Disruptive Communications ETF (FDCF) is 4.49%, while Vanguard Mega Cap Growth ETF (MGK) has a volatility of 5.21%. This indicates that FDCF experiences smaller price fluctuations and is considered to be less risky than MGK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.