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FDEGX vs. NAIL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FDEGX and NAIL 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.


-0.50.00.51.00.6

Performance

FDEGX vs. NAIL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Growth Strategies Fund (FDEGX) and Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL). The values are adjusted to include any dividend payments, if applicable.

100.00%150.00%200.00%250.00%300.00%350.00%JulyAugustSeptemberOctoberNovemberDecember
115.70%
126.69%
FDEGX
NAIL

Key characteristics

Sharpe Ratio

FDEGX:

1.87

NAIL:

-0.21

Sortino Ratio

FDEGX:

2.52

NAIL:

0.22

Omega Ratio

FDEGX:

1.33

NAIL:

1.03

Calmar Ratio

FDEGX:

1.18

NAIL:

-0.32

Martin Ratio

FDEGX:

10.92

NAIL:

-0.80

Ulcer Index

FDEGX:

2.98%

NAIL:

20.83%

Daily Std Dev

FDEGX:

17.39%

NAIL:

78.08%

Max Drawdown

FDEGX:

-85.76%

NAIL:

-93.75%

Current Drawdown

FDEGX:

-7.08%

NAIL:

-50.14%

Returns By Period

In the year-to-date period, FDEGX achieves a 30.23% return, which is significantly higher than NAIL's -19.78% return.


FDEGX

YTD

30.23%

1M

-1.93%

6M

15.53%

1Y

30.56%

5Y*

7.33%

10Y*

8.77%

NAIL

YTD

-19.78%

1M

-31.57%

6M

-10.72%

1Y

-18.82%

5Y*

4.84%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FDEGX vs. NAIL - Expense Ratio Comparison

FDEGX has a 0.63% expense ratio, which is lower than NAIL's 0.99% expense ratio.


NAIL
Direxion Daily Homebuilders & Supplies Bull 3X Shares
Expense ratio chart for NAIL: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
Expense ratio chart for FDEGX: current value at 0.63% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.63%

Risk-Adjusted Performance

FDEGX vs. NAIL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Strategies Fund (FDEGX) and Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL). 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.


Sharpe ratio
The chart of Sharpe ratio for FDEGX, currently valued at 1.87, compared to the broader market-1.000.001.002.003.004.001.87-0.21
The chart of Sortino ratio for FDEGX, currently valued at 2.52, compared to the broader market-2.000.002.004.006.008.0010.002.520.22
The chart of Omega ratio for FDEGX, currently valued at 1.33, compared to the broader market0.501.001.502.002.503.003.501.331.03
The chart of Calmar ratio for FDEGX, currently valued at 1.18, compared to the broader market0.002.004.006.008.0010.0012.0014.001.18-0.32
The chart of Martin ratio for FDEGX, currently valued at 10.92, compared to the broader market0.0020.0040.0060.0010.92-0.80
FDEGX
NAIL

The current FDEGX Sharpe Ratio is 1.87, which is higher than the NAIL Sharpe Ratio of -0.21. The chart below compares the historical Sharpe Ratios of FDEGX and NAIL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
1.87
-0.21
FDEGX
NAIL

Dividends

FDEGX vs. NAIL - Dividend Comparison

FDEGX's dividend yield for the trailing twelve months is around 0.04%, less than NAIL's 0.54% yield.


TTM20232022202120202019201820172016201520142013
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%
NAIL
Direxion Daily Homebuilders & Supplies Bull 3X Shares
0.54%0.22%0.00%0.00%0.01%0.17%0.35%1.25%0.00%0.00%0.00%0.00%

Drawdowns

FDEGX vs. NAIL - Drawdown Comparison

The maximum FDEGX drawdown since its inception was -85.76%, smaller than the maximum NAIL drawdown of -93.75%. Use the drawdown chart below to compare losses from any high point for FDEGX and NAIL. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-7.08%
-50.14%
FDEGX
NAIL

Volatility

FDEGX vs. NAIL - Volatility Comparison

The current volatility for Fidelity Growth Strategies Fund (FDEGX) is 7.15%, while Direxion Daily Homebuilders & Supplies Bull 3X Shares (NAIL) has a volatility of 25.54%. This indicates that FDEGX experiences smaller price fluctuations and is considered to be less risky than NAIL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%25.00%30.00%35.00%JulyAugustSeptemberOctoberNovemberDecember
7.15%
25.54%
FDEGX
NAIL
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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