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FDCPX vs. FDGRX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FDCPX vs. FDGRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Tech Hardware Portfolio (FDCPX) and Fidelity Growth Company Fund (FDGRX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
4.80%
12.15%
FDCPX
FDGRX

Returns By Period

In the year-to-date period, FDCPX achieves a 17.52% return, which is significantly lower than FDGRX's 32.49% return. Over the past 10 years, FDCPX has underperformed FDGRX with an annualized return of 3.90%, while FDGRX has yielded a comparatively higher 13.00% annualized return.


FDCPX

YTD

17.52%

1M

-2.86%

6M

4.80%

1Y

24.83%

5Y (annualized)

7.43%

10Y (annualized)

3.90%

FDGRX

YTD

32.49%

1M

0.50%

6M

12.15%

1Y

36.42%

5Y (annualized)

14.98%

10Y (annualized)

13.00%

Key characteristics


FDCPXFDGRX
Sharpe Ratio1.431.90
Sortino Ratio2.002.50
Omega Ratio1.261.34
Calmar Ratio0.991.30
Martin Ratio7.339.47
Ulcer Index3.45%3.87%
Daily Std Dev17.70%19.39%
Max Drawdown-80.41%-71.50%
Current Drawdown-6.54%-3.25%

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FDCPX vs. FDGRX - Expense Ratio Comparison

FDCPX has a 0.72% expense ratio, which is lower than FDGRX's 0.79% expense ratio.


FDGRX
Fidelity Growth Company Fund
Expense ratio chart for FDGRX: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%
Expense ratio chart for FDCPX: current value at 0.72% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.72%

Correlation

-0.50.00.51.00.8

The correlation between FDCPX and FDGRX is 0.84, 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.

Risk-Adjusted Performance

FDCPX vs. FDGRX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Tech Hardware Portfolio (FDCPX) and Fidelity Growth Company Fund (FDGRX). 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.


Sharpe ratio
The chart of Sharpe ratio for FDCPX, currently valued at 1.43, compared to the broader market0.002.004.001.431.90
The chart of Sortino ratio for FDCPX, currently valued at 2.00, compared to the broader market0.005.0010.002.002.50
The chart of Omega ratio for FDCPX, currently valued at 1.26, compared to the broader market1.002.003.004.001.261.34
The chart of Calmar ratio for FDCPX, currently valued at 0.99, compared to the broader market0.005.0010.0015.0020.0025.000.991.30
The chart of Martin ratio for FDCPX, currently valued at 7.33, compared to the broader market0.0020.0040.0060.0080.00100.007.339.47
FDCPX
FDGRX

The current FDCPX Sharpe Ratio is 1.43, which is comparable to the FDGRX Sharpe Ratio of 1.90. The chart below compares the historical Sharpe Ratios of FDCPX and FDGRX, 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 Ratio1.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.43
1.90
FDCPX
FDGRX

Dividends

FDCPX vs. FDGRX - Dividend Comparison

FDCPX's dividend yield for the trailing twelve months is around 0.44%, while FDGRX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
FDCPX
Fidelity Select Tech Hardware Portfolio
0.44%0.51%0.72%0.70%1.47%0.92%1.33%0.88%1.18%1.17%0.57%7.34%
FDGRX
Fidelity Growth Company Fund
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.07%3.92%4.03%7.12%

Drawdowns

FDCPX vs. FDGRX - Drawdown Comparison

The maximum FDCPX drawdown since its inception was -80.41%, which is greater than FDGRX's maximum drawdown of -71.50%. Use the drawdown chart below to compare losses from any high point for FDCPX and FDGRX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-6.54%
-3.25%
FDCPX
FDGRX

Volatility

FDCPX vs. FDGRX - Volatility Comparison

The current volatility for Fidelity Select Tech Hardware Portfolio (FDCPX) is 4.47%, while Fidelity Growth Company Fund (FDGRX) has a volatility of 5.71%. This indicates that FDCPX experiences smaller price fluctuations and is considered to be less risky than FDGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
4.47%
5.71%
FDCPX
FDGRX