FDEGX vs. FIFNX
Compare and contrast key facts about Fidelity Growth Strategies Fund (FDEGX) and Fidelity Founders Fund (FIFNX).
FDEGX is managed by Fidelity. It was launched on Dec 28, 1990. FIFNX is managed by Fidelity. It was launched on Feb 14, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDEGX or FIFNX.
Correlation
The correlation between FDEGX and FIFNX is 0.88, 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. FIFNX - Performance Comparison
Key characteristics
FDEGX:
0.44
FIFNX:
0.31
FDEGX:
0.78
FIFNX:
0.59
FDEGX:
1.11
FIFNX:
1.08
FDEGX:
0.46
FIFNX:
0.31
FDEGX:
1.51
FIFNX:
1.07
FDEGX:
7.89%
FIFNX:
7.01%
FDEGX:
27.08%
FIFNX:
24.33%
FDEGX:
-85.76%
FIFNX:
-34.82%
FDEGX:
-14.03%
FIFNX:
-14.50%
Returns By Period
In the year-to-date period, FDEGX achieves a -4.55% return, which is significantly higher than FIFNX's -6.93% return.
FDEGX
-4.55%
1.31%
-0.98%
10.99%
12.50%
10.02%
FIFNX
-6.93%
-2.25%
-6.29%
7.40%
13.29%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FDEGX vs. FIFNX - Expense Ratio Comparison
FDEGX has a 0.63% expense ratio, which is lower than FIFNX's 0.90% expense ratio.
Risk-Adjusted Performance
FDEGX vs. FIFNX — Risk-Adjusted Performance Rank
FDEGX
FIFNX
FDEGX vs. FIFNX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Strategies Fund (FDEGX) and Fidelity Founders Fund (FIFNX). 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. FIFNX - Dividend Comparison
FDEGX's dividend yield for the trailing twelve months is around 8.27%, while FIFNX has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDEGX Fidelity Growth Strategies Fund | 8.27% | 7.89% | 0.05% | 0.00% | 14.15% | 8.37% | 3.65% | 0.75% | 0.43% | 0.59% | 0.13% | 0.31% |
FIFNX Fidelity Founders Fund | 0.00% | 0.00% | 0.11% | 0.67% | 0.23% | 0.00% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FDEGX vs. FIFNX - Drawdown Comparison
The maximum FDEGX drawdown since its inception was -85.76%, which is greater than FIFNX's maximum drawdown of -34.82%. Use the drawdown chart below to compare losses from any high point for FDEGX and FIFNX. For additional features, visit the drawdowns tool.
Volatility
FDEGX vs. FIFNX - Volatility Comparison
Fidelity Growth Strategies Fund (FDEGX) has a higher volatility of 17.09% compared to Fidelity Founders Fund (FIFNX) at 15.90%. This indicates that FDEGX's price experiences larger fluctuations and is considered to be riskier than FIFNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.