FDEGX vs. FPADX
Compare and contrast key facts about Fidelity Growth Strategies Fund (FDEGX) and Fidelity Emerging Markets Index Fund (FPADX).
FDEGX is managed by Fidelity. It was launched on Dec 28, 1990. FPADX is managed by Fidelity. It was launched on Sep 8, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDEGX or FPADX.
Key characteristics
| FDEGX | FPADX | |
|---|---|---|
| YTD Return | 14.60% | 8.16% |
| 1Y Return | 24.36% | 13.51% |
| 3Y Return (Ann) | 1.21% | -2.83% |
| 5Y Return (Ann) | 11.51% | 3.60% |
| 10Y Return (Ann) | 10.69% | 2.61% |
| Sharpe Ratio | 1.50 | 1.00 |
| Daily Std Dev | 16.21% | 13.22% |
| Max Drawdown | -85.76% | -39.16% |
| Current Drawdown | -2.35% | -18.07% |
Correlation
The correlation between FDEGX and FPADX is 0.62, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FDEGX vs. FPADX - Performance Comparison
In the year-to-date period, FDEGX achieves a 14.60% return, which is significantly higher than FPADX's 8.16% return. Over the past 10 years, FDEGX has outperformed FPADX with an annualized return of 10.69%, while FPADX has yielded a comparatively lower 2.61% 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. FPADX - Expense Ratio Comparison
FDEGX has a 0.63% expense ratio, which is higher than FPADX's 0.08% expense ratio.
Risk-Adjusted Performance
FDEGX vs. FPADX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Strategies Fund (FDEGX) and Fidelity Emerging Markets Index Fund (FPADX). 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. FPADX - Dividend Comparison
FDEGX's dividend yield for the trailing twelve months is around 0.05%, less than FPADX's 2.47% 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% |
FPADX Fidelity Emerging Markets Index Fund | 2.47% | 2.68% | 2.47% | 2.14% | 1.50% | 2.59% | 2.20% | 1.88% | 1.69% | 2.47% | 2.03% | 2.15% |
Drawdowns
FDEGX vs. FPADX - Drawdown Comparison
The maximum FDEGX drawdown since its inception was -85.76%, which is greater than FPADX's maximum drawdown of -39.16%. Use the drawdown chart below to compare losses from any high point for FDEGX and FPADX. For additional features, visit the drawdowns tool.
Volatility
FDEGX vs. FPADX - Volatility Comparison
Fidelity Growth Strategies Fund (FDEGX) has a higher volatility of 5.78% compared to Fidelity Emerging Markets Index Fund (FPADX) at 3.98%. This indicates that FDEGX's price experiences larger fluctuations and is considered to be riskier than FPADX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.