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.
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.
Performance
FDEGX vs. FSLBX - Performance Comparison
Key characteristics
FDEGX:
-0.29
FSLBX:
0.04
FDEGX:
-0.23
FSLBX:
0.20
FDEGX:
0.97
FSLBX:
1.03
FDEGX:
-0.27
FSLBX:
0.04
FDEGX:
-1.05
FSLBX:
0.18
FDEGX:
6.47%
FSLBX:
5.33%
FDEGX:
23.77%
FSLBX:
23.23%
FDEGX:
-85.76%
FSLBX:
-67.50%
FDEGX:
-25.62%
FSLBX:
-25.41%
Returns By Period
In the year-to-date period, FDEGX achieves a -17.42% return, which is significantly higher than FSLBX's -19.45% return. Both investments have delivered pretty close results over the past 10 years, with FDEGX having a 8.44% annualized return and FSLBX not far behind at 8.29%.
FDEGX
-17.42%
-15.04%
-12.54%
-5.43%
12.94%
8.44%
FSLBX
-19.45%
-17.06%
-11.93%
1.75%
19.87%
8.29%
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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.
Risk-Adjusted Performance
FDEGX vs. FSLBX — Risk-Adjusted Performance Rank
FDEGX
FSLBX
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 9.56%, more than FSLBX's 0.86% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDEGX Fidelity Growth Strategies Fund | 9.56% | 7.89% | 0.05% | 0.00% | 14.15% | 8.37% | 3.65% | 0.75% | 0.43% | 0.59% | 0.13% | 0.31% |
FSLBX Fidelity Select Brokerage & Invmt Mgmt Portfolio | 0.86% | 0.69% | 1.22% | 1.71% | 0.63% | 1.11% | 1.21% | 1.50% | 1.00% | 1.23% | 2.17% | 1.36% |
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
Fidelity Growth Strategies Fund (FDEGX) and Fidelity Select Brokerage & Invmt Mgmt Portfolio (FSLBX) have volatilities of 13.80% and 14.41%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.