FDEGX vs. OLGAX
Compare and contrast key facts about Fidelity Growth Strategies Fund (FDEGX) and JPMorgan Large Cap Growth Fund Class A (OLGAX).
FDEGX is managed by Fidelity. It was launched on Dec 28, 1990. OLGAX is managed by JPMorgan Chase. It was launched on Feb 28, 1992.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDEGX or OLGAX.
Key characteristics
| FDEGX | OLGAX | |
|---|---|---|
| YTD Return | 14.60% | 24.28% |
| 1Y Return | 24.36% | 35.29% |
| 3Y Return (Ann) | 1.21% | 8.69% |
| 5Y Return (Ann) | 11.51% | 19.58% |
| 10Y Return (Ann) | 10.69% | 16.33% |
| Sharpe Ratio | 1.50 | 1.88 |
| Daily Std Dev | 16.21% | 18.61% |
| Max Drawdown | -85.76% | -64.30% |
| Current Drawdown | -2.35% | -3.90% |
Correlation
The correlation between FDEGX and OLGAX is 0.87, 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. OLGAX - Performance Comparison
In the year-to-date period, FDEGX achieves a 14.60% return, which is significantly lower than OLGAX's 24.28% return. Over the past 10 years, FDEGX has underperformed OLGAX with an annualized return of 10.69%, while OLGAX has yielded a comparatively higher 16.33% 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. OLGAX - Expense Ratio Comparison
FDEGX has a 0.63% expense ratio, which is lower than OLGAX's 1.01% expense ratio.
Risk-Adjusted Performance
FDEGX vs. OLGAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Strategies Fund (FDEGX) and JPMorgan Large Cap Growth Fund Class A (OLGAX). 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. OLGAX - Dividend Comparison
FDEGX's dividend yield for the trailing twelve months is around 0.05%, while OLGAX has not paid dividends to shareholders.
| 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% |
OLGAX JPMorgan Large Cap Growth Fund Class A | 0.00% | 0.00% | 3.20% | 15.30% | 5.32% | 13.03% | 16.18% | 14.92% | 9.94% | 0.00% | 1.80% | 0.00% |
Drawdowns
FDEGX vs. OLGAX - Drawdown Comparison
The maximum FDEGX drawdown since its inception was -85.76%, which is greater than OLGAX's maximum drawdown of -64.30%. Use the drawdown chart below to compare losses from any high point for FDEGX and OLGAX. For additional features, visit the drawdowns tool.
Volatility
FDEGX vs. OLGAX - Volatility Comparison
Fidelity Growth Strategies Fund (FDEGX) and JPMorgan Large Cap Growth Fund Class A (OLGAX) have volatilities of 5.78% and 5.87%, 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.