FDEGX vs. FDGRX
Compare and contrast key facts about Fidelity Growth Strategies Fund (FDEGX) and Fidelity Growth Company Fund (FDGRX).
FDEGX is managed by Fidelity. It was launched on Dec 28, 1990. FDGRX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDEGX or FDGRX.
Key characteristics
| FDEGX | FDGRX | |
|---|---|---|
| YTD Return | 14.60% | 24.28% |
| 1Y Return | 24.36% | 36.99% |
| 3Y Return (Ann) | 1.21% | 7.18% |
| 5Y Return (Ann) | 11.51% | 22.56% |
| 10Y Return (Ann) | 10.69% | 18.45% |
| Sharpe Ratio | 1.50 | 1.88 |
| Daily Std Dev | 16.21% | 19.43% |
| Max Drawdown | -85.76% | -71.50% |
| Current Drawdown | -2.35% | -5.64% |
Correlation
The correlation between FDEGX and FDGRX is 0.91, 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. FDGRX - Performance Comparison
In the year-to-date period, FDEGX achieves a 14.60% return, which is significantly lower than FDGRX's 24.28% return. Over the past 10 years, FDEGX has underperformed FDGRX with an annualized return of 10.69%, while FDGRX has yielded a comparatively higher 18.45% 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. FDGRX - Expense Ratio Comparison
FDEGX has a 0.63% expense ratio, which is lower than FDGRX's 0.79% expense ratio.
Risk-Adjusted Performance
FDEGX vs. FDGRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Strategies Fund (FDEGX) 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.
Dividends
FDEGX vs. FDGRX - Dividend Comparison
FDEGX's dividend yield for the trailing twelve months is around 0.05%, less than FDGRX's 3.09% yield.
| 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% |
FDGRX Fidelity Growth Company Fund | 3.09% | 3.83% | 7.20% | 10.67% | 8.86% | 3.84% | 6.38% | 4.73% | 6.23% | 3.92% | 4.03% | 7.12% |
Drawdowns
FDEGX vs. FDGRX - Drawdown Comparison
The maximum FDEGX drawdown since its inception was -85.76%, which is greater than FDGRX's maximum drawdown of -71.50%. Use the drawdown chart below to compare losses from any high point for FDEGX and FDGRX. For additional features, visit the drawdowns tool.
Volatility
FDEGX vs. FDGRX - Volatility Comparison
The current volatility for Fidelity Growth Strategies Fund (FDEGX) is 5.78%, while Fidelity Growth Company Fund (FDGRX) has a volatility of 6.55%. This indicates that FDEGX 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.