FDEGX vs. FSLBX
Compare and contrast key facts about Fidelity Growth Strategies Fund (FDEGX) and Fidelity Select Brokerage & Invmt Mgmt Portfolio (FSLBX).
FDEGX is managed by Fidelity. It was launched on Dec 28, 1990. FSLBX is managed by Fidelity. It was launched on Jul 29, 1985.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDEGX or FSLBX.
Performance
FDEGX vs. FSLBX - Performance Comparison
Returns By Period
In the year-to-date period, FDEGX achieves a 32.80% return, which is significantly lower than FSLBX's 40.05% return. Over the past 10 years, FDEGX has underperformed FSLBX with an annualized return of 9.23%, while FSLBX has yielded a comparatively higher 10.89% annualized return.
FDEGX
32.80%
7.73%
17.48%
42.71%
8.54%
9.23%
FSLBX
40.05%
6.19%
26.82%
58.45%
19.86%
10.89%
Key characteristics
| FDEGX | FSLBX | |
|---|---|---|
| Sharpe Ratio | 2.61 | 3.48 |
| Sortino Ratio | 3.52 | 4.53 |
| Omega Ratio | 1.46 | 1.61 |
| Calmar Ratio | 1.40 | 5.40 |
| Martin Ratio | 15.40 | 24.79 |
| Ulcer Index | 2.77% | 2.36% |
| Daily Std Dev | 16.34% | 16.83% |
| Max Drawdown | -85.76% | -67.50% |
| Current Drawdown | -1.30% | -0.71% |
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FDEGX vs. FSLBX - Expense Ratio Comparison
FDEGX has a 0.63% expense ratio, which is lower than FSLBX's 0.75% expense ratio.
Correlation
The correlation between FDEGX and FSLBX is 0.73, 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.
Risk-Adjusted Performance
FDEGX vs. FSLBX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Strategies Fund (FDEGX) and Fidelity Select Brokerage & Invmt Mgmt Portfolio (FSLBX). 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. FSLBX - Dividend Comparison
FDEGX's dividend yield for the trailing twelve months is around 0.04%, less than FSLBX's 0.90% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDEGX 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% |
FSLBX Fidelity Select Brokerage & Invmt Mgmt Portfolio | 0.90% | 1.22% | 1.71% | 0.63% | 1.11% | 1.21% | 1.50% | 1.00% | 1.23% | 2.17% | 1.36% | 0.52% |
Drawdowns
FDEGX vs. FSLBX - Drawdown Comparison
The maximum FDEGX drawdown since its inception was -85.76%, which is greater than FSLBX's maximum drawdown of -67.50%. Use the drawdown chart below to compare losses from any high point for FDEGX and FSLBX. For additional features, visit the drawdowns tool.
Volatility
FDEGX vs. FSLBX - Volatility Comparison
The current volatility for Fidelity Growth Strategies Fund (FDEGX) is 6.75%, while Fidelity Select Brokerage & Invmt Mgmt Portfolio (FSLBX) has a volatility of 7.56%. This indicates that FDEGX experiences smaller price fluctuations and is considered to be less risky than FSLBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.