FDEGX vs. FIFNX
FDEGX (Fidelity Growth Strategies Fund) and FIFNX (Fidelity Founders Fund) are both mutual funds - FDEGX is a Mid Cap Growth Equities fund actively managed by Fidelity, while FIFNX is a Large Cap Growth Equities fund managed by Fidelity. Over the past 5 years, FDEGX returned 4.68%/yr vs 11.77%/yr for FIFNX. Their correlation of 0.90 means they have usually moved in the same direction. FDEGX charges 0.69%/yr vs 0.90%/yr for FIFNX.
Performance
FDEGX vs. FIFNX - Performance Comparison
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Returns By Period
In the year-to-date period, FDEGX achieves a 3.63% return, which is significantly lower than FIFNX's 6.28% return.
FDEGX
- 1D
- 3.45%
- 1M
- -6.65%
- 6M
- 3.54%
- YTD
- 3.63%
- 1Y
- -5.46%
- 3Y*
- 11.50%
- 5Y*
- 4.68%
- 10Y*
- 11.15%
- ALL TIME*
- 9.42%
FIFNX
- 1D
- 1.78%
- 1M
- -0.65%
- 6M
- 5.68%
- YTD
- 6.28%
- 1Y
- 13.06%
- 3Y*
- 20.83%
- 5Y*
- 11.77%
- 10Y*
- —
- ALL TIME*
- 17.45%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FDEGX vs. FIFNX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
FDEGX Fidelity Growth Strategies Fund | 3.63% | 2.88% | 26.57% | 20.93% | -26.50% | 21.30% | 29.34% | 20.06% |
FIFNX Fidelity Founders Fund | 6.28% | 16.34% | 36.44% | 33.95% | -26.69% | 19.00% | 47.20% | 13.95% |
Correlation
The correlation between FDEGX and FIFNX is 0.83, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.83 |
Correlation (3Y) Balances recent behavior with more history. | 0.86 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.89 |
Correlation (All Time) Calculated using the full available price history since Feb 22, 2019 | 0.90 |
The correlation between FDEGX and FIFNX has been stable across timeframes, ranging from 0.83 to 0.90 - a consistent structural relationship.
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Return for Risk
FDEGX vs. FIFNX — Risk / Return Rank
FDEGX
FIFNX
FDEGX vs. FIFNX - Risk-Adjusted Trends 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FDEGX | FIFNX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.05 | ||
| Sortino ratioReturn per unit of downside risk | -1.39 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.14 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | -0.37 | 0.96 | -1.33 |
| Martin ratioReturn relative to average drawdown | -0.89 | 3.63 | -4.52 |
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Drawdowns
FDEGX vs. FIFNX - Drawdown Comparison
The maximum FDEGX drawdown since its inception was -85.96%, which is greater than FIFNX's maximum drawdown of -32.52%. Use the drawdown chart below to compare losses from any high point for FDEGX and FIFNX.
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Drawdown Indicators
| FDEGX | FIFNX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.96% | -32.52% | -53.44% |
Max Drawdown (1Y)Largest decline over 1 year | -20.45% | -12.27% | -8.18% |
Max Drawdown (3Y)Largest decline over 3 years | -26.04% | -23.26% | -2.78% |
Max Drawdown (5Y)Largest decline over 5 years | -36.62% | -32.52% | -4.10% |
Max Drawdown (10Y)Largest decline over 10 years | -36.62% | — | — |
Current DrawdownCurrent decline from peak | -11.12% | -3.36% | -7.76% |
Average DrawdownAverage peak-to-trough decline | -36.68% | -7.88% | -28.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.42% | 3.24% | +5.18% |
Volatility
FDEGX vs. FIFNX - Volatility Comparison
Fidelity Growth Strategies Fund (FDEGX) has a higher volatility of 7.89% compared to Fidelity Founders Fund (FIFNX) at 4.21%. 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.
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Volatility by Period
| FDEGX | FIFNX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.89% | 4.21% | +3.68% |
Volatility (6M)Calculated over the trailing 6-month period | 18.45% | 12.91% | +5.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.05% | 15.94% | +8.11% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.74% | 21.31% | +2.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.23% | 22.49% | -0.26% |
FDEGX vs. FIFNX - Expense Ratio Comparison
FDEGX has a 0.69% expense ratio, which is lower than FIFNX's 0.90% expense ratio.
Dividends
FDEGX vs. FIFNX - Dividend Comparison
FDEGX has not paid dividends to shareholders, while FIFNX's dividend yield for the trailing twelve months is around 2.43%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDEGX Fidelity Growth Strategies Fund | 0.00% | 0.00% | 7.89% | 0.05% | 0.00% | 14.15% | 8.37% | 3.65% | 0.75% | 0.05% | 0.59% | 0.13% |
FIFNX Fidelity Founders Fund | 2.43% | 2.40% | 6.31% | 0.11% | 2.54% | 6.17% | 0.00% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FDEGX and FIFNX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FDEGX has higher volatility (7.89%) compared to FIFNX (4.21%). In terms of maximum drawdown, FDEGX dropped -85.96% vs FIFNX's -32.52%.
FIFNX currently has the higher Sharpe Ratio (0.74 vs -0.31), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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