FDEGX vs. CANE
Compare and contrast key facts about Fidelity Growth Strategies Fund (FDEGX) and Teucrium Sugar Fund (CANE).
FDEGX is managed by Fidelity. It was launched on Dec 28, 1990. CANE is a passively managed fund by Teucrium that tracks the performance of the Teucrium Sugar Fund Benchmark. It was launched on Sep 19, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDEGX or CANE.
Key characteristics
| FDEGX | CANE | |
|---|---|---|
| YTD Return | 13.11% | -4.54% |
| 1Y Return | 22.77% | -20.93% |
| 3Y Return (Ann) | 0.77% | 7.49% |
| 5Y Return (Ann) | 11.20% | 12.91% |
| 10Y Return (Ann) | 10.55% | -1.67% |
| Sharpe Ratio | 1.34 | -0.90 |
| Daily Std Dev | 16.27% | 23.41% |
| Max Drawdown | -85.76% | -81.30% |
| Current Drawdown | -3.62% | -55.01% |
Correlation
The correlation between FDEGX and CANE is 0.08, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FDEGX vs. CANE - Performance Comparison
In the year-to-date period, FDEGX achieves a 13.11% return, which is significantly higher than CANE's -4.54% return. Over the past 10 years, FDEGX has outperformed CANE with an annualized return of 10.55%, while CANE has yielded a comparatively lower -1.67% annualized return. 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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FDEGX vs. CANE - Expense Ratio Comparison
FDEGX has a 0.63% expense ratio, which is lower than CANE's 1.88% expense ratio.
Risk-Adjusted Performance
FDEGX vs. CANE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Strategies Fund (FDEGX) and Teucrium Sugar Fund (CANE). 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
FDEGX vs. CANE - Dividend Comparison
FDEGX's dividend yield for the trailing twelve months is around 0.05%, while CANE has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDEGX Fidelity Growth Strategies Fund | 0.05% | 0.05% | 0.00% | 14.15% | 8.37% | 3.65% | 0.75% | 0.43% | 0.59% | 0.13% | 0.59% | 0.18% |
CANE Teucrium Sugar Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FDEGX vs. CANE - Drawdown Comparison
The maximum FDEGX drawdown since its inception was -85.76%, which is greater than CANE's maximum drawdown of -81.30%. Use the drawdown chart below to compare losses from any high point for FDEGX and CANE. For additional features, visit the drawdowns tool.
Volatility
FDEGX vs. CANE - Volatility Comparison
The current volatility for Fidelity Growth Strategies Fund (FDEGX) is 5.72%, while Teucrium Sugar Fund (CANE) has a volatility of 6.65%. This indicates that FDEGX experiences smaller price fluctuations and is considered to be less risky than CANE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.