FDEGX vs. CMGIX
Compare and contrast key facts about Fidelity Growth Strategies Fund (FDEGX) and BlackRock Mid-Cap Growth Equity Portfolio (CMGIX).
FDEGX is managed by Fidelity. It was launched on Dec 28, 1990. CMGIX is managed by Blackrock. It was launched on Dec 27, 1996.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDEGX or CMGIX.
Correlation
The correlation between FDEGX and CMGIX is 0.93, 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
FDEGX vs. CMGIX - Performance Comparison
Key characteristics
FDEGX:
1.87
CMGIX:
0.99
FDEGX:
2.52
CMGIX:
1.43
FDEGX:
1.33
CMGIX:
1.18
FDEGX:
1.18
CMGIX:
0.61
FDEGX:
10.92
CMGIX:
4.11
FDEGX:
2.98%
CMGIX:
4.49%
FDEGX:
17.39%
CMGIX:
18.56%
FDEGX:
-85.76%
CMGIX:
-82.66%
FDEGX:
-7.08%
CMGIX:
-14.57%
Returns By Period
In the year-to-date period, FDEGX achieves a 30.23% return, which is significantly higher than CMGIX's 15.58% return. Over the past 10 years, FDEGX has underperformed CMGIX with an annualized return of 8.77%, while CMGIX has yielded a comparatively higher 10.71% annualized return.
FDEGX
30.23%
-1.93%
15.53%
30.56%
7.33%
8.77%
CMGIX
15.58%
-0.09%
12.80%
16.64%
8.06%
10.71%
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FDEGX vs. CMGIX - Expense Ratio Comparison
FDEGX has a 0.63% expense ratio, which is lower than CMGIX's 0.80% expense ratio.
Risk-Adjusted Performance
FDEGX vs. CMGIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Strategies Fund (FDEGX) and BlackRock Mid-Cap Growth Equity Portfolio (CMGIX). 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. CMGIX - Dividend Comparison
FDEGX's dividend yield for the trailing twelve months is around 0.04%, while CMGIX has not paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fidelity Growth Strategies Fund | 0.04% | 0.05% | 0.00% | 0.00% | 0.00% | 0.44% | 0.75% | 0.38% | 0.54% | 0.13% | 0.59% | 0.18% |
BlackRock Mid-Cap Growth Equity Portfolio | 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. CMGIX - Drawdown Comparison
The maximum FDEGX drawdown since its inception was -85.76%, roughly equal to the maximum CMGIX drawdown of -82.66%. Use the drawdown chart below to compare losses from any high point for FDEGX and CMGIX. For additional features, visit the drawdowns tool.
Volatility
FDEGX vs. CMGIX - Volatility Comparison
Fidelity Growth Strategies Fund (FDEGX) and BlackRock Mid-Cap Growth Equity Portfolio (CMGIX) have volatilities of 7.15% and 7.43%, 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.