FDEGX vs. FXAIX
Compare and contrast key facts about Fidelity Growth Strategies Fund (FDEGX) and Fidelity 500 Index Fund (FXAIX).
FDEGX is managed by Fidelity. It was launched on Dec 28, 1990. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDEGX or FXAIX.
Performance
FDEGX vs. FXAIX - Performance Comparison
Returns By Period
In the year-to-date period, FDEGX achieves a 36.36% return, which is significantly higher than FXAIX's 26.70% return. Over the past 10 years, FDEGX has underperformed FXAIX with an annualized return of 9.44%, while FXAIX has yielded a comparatively higher 13.12% annualized return.
FDEGX
36.36%
12.32%
20.18%
45.96%
9.10%
9.44%
FXAIX
26.70%
3.09%
13.28%
32.84%
15.78%
13.12%
Key characteristics
| FDEGX | FXAIX | |
|---|---|---|
| Sharpe Ratio | 2.80 | 2.68 |
| Sortino Ratio | 3.74 | 3.58 |
| Omega Ratio | 1.48 | 1.50 |
| Calmar Ratio | 1.51 | 3.89 |
| Martin Ratio | 16.59 | 17.48 |
| Ulcer Index | 2.77% | 1.88% |
| Daily Std Dev | 16.42% | 12.24% |
| Max Drawdown | -85.76% | -33.79% |
| Current Drawdown | 0.00% | -0.46% |
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FDEGX vs. FXAIX - Expense Ratio Comparison
FDEGX has a 0.63% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Correlation
The correlation between FDEGX and FXAIX is 0.89, 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. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Strategies Fund (FDEGX) and Fidelity 500 Index Fund (FXAIX). 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. FXAIX - Dividend Comparison
FDEGX's dividend yield for the trailing twelve months is around 0.04%, less than FXAIX's 1.21% 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% |
FXAIX Fidelity 500 Index Fund | 1.21% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
FDEGX vs. FXAIX - Drawdown Comparison
The maximum FDEGX drawdown since its inception was -85.76%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FDEGX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
FDEGX vs. FXAIX - Volatility Comparison
Fidelity Growth Strategies Fund (FDEGX) has a higher volatility of 6.77% compared to Fidelity 500 Index Fund (FXAIX) at 3.96%. This indicates that FDEGX's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.