FDEGX vs. USMIX
FDEGX (Fidelity Growth Strategies Fund) and USMIX (USAA Extended Market Index Fund) are both Mid Cap Growth Equities funds. Over the past 10 years, FDEGX returned 11.32%/yr vs 11.69%/yr for USMIX. Their correlation of 0.89 means they have usually moved in the same direction. FDEGX charges 0.69%/yr vs 0.38%/yr for USMIX.
Performance
FDEGX vs. USMIX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FDEGX achieves a 4.13% return, which is significantly lower than USMIX's 14.17% return. Both investments have delivered pretty close results over the past 10 years, with FDEGX having a 11.32% annualized return and USMIX not far ahead at 11.69%.
FDEGX
- 1D
- 0.48%
- 1M
- -6.20%
- 6M
- 3.37%
- YTD
- 4.13%
- 1Y
- -5.01%
- 3Y*
- 11.67%
- 5Y*
- 4.78%
- 10Y*
- 11.32%
- ALL TIME*
- 9.44%
USMIX
- 1D
- -0.33%
- 1M
- -1.18%
- 6M
- 9.00%
- YTD
- 14.17%
- 1Y
- 27.20%
- 3Y*
- 14.46%
- 5Y*
- 6.23%
- 10Y*
- 11.69%
- ALL TIME*
- 8.64%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
FDEGX vs. USMIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FDEGX Fidelity Growth Strategies Fund | 4.13% | 2.88% | 26.57% | 20.93% | -26.50% | 21.30% | 29.34% | 36.59% | -6.92% | 21.03% |
USMIX USAA Extended Market Index Fund | 14.17% | 10.44% | 11.99% | 25.81% | -24.04% | 15.29% | 31.20% | 27.93% | -9.71% | 17.72% |
Correlation
The correlation between FDEGX and USMIX is 0.82, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.82 |
Correlation (3Y) Balances recent behavior with more history. | 0.80 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.85 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.84 |
Correlation (All Time) Calculated using the full available price history since Oct 27, 2000 | 0.89 |
The correlation between FDEGX and USMIX has been stable across timeframes, ranging from 0.80 to 0.89 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FDEGX vs. USMIX — Risk / Return Rank
FDEGX
USMIX
FDEGX vs. USMIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Strategies Fund (FDEGX) and USAA Extended Market Index Fund (USMIX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FDEGX | USMIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.81 | ||
| Sortino ratioReturn per unit of downside risk | -2.48 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.27 | -0.30 |
| Calmar ratioReturn relative to maximum drawdown | -0.33 | 2.54 | -2.88 |
| Martin ratioReturn relative to average drawdown | -0.80 | 9.29 | -10.09 |
Loading charts...
Drawdowns
FDEGX vs. USMIX - Drawdown Comparison
The maximum FDEGX drawdown since its inception was -85.96%, which is greater than USMIX's maximum drawdown of -57.91%. Use the drawdown chart below to compare losses from any high point for FDEGX and USMIX.
Loading charts...
Drawdown Indicators
| FDEGX | USMIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -85.96% | -57.91% | -28.05% |
Max Drawdown (1Y)Largest decline over 1 year | -20.45% | -9.97% | -10.48% |
Max Drawdown (3Y)Largest decline over 3 years | -26.04% | -31.84% | +5.80% |
Max Drawdown (5Y)Largest decline over 5 years | -36.62% | -37.86% | +1.24% |
Max Drawdown (10Y)Largest decline over 10 years | -36.62% | -41.86% | +5.24% |
Current DrawdownCurrent decline from peak | -10.69% | -1.66% | -9.03% |
Average DrawdownAverage peak-to-trough decline | -36.68% | -11.92% | -24.76% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.45% | 2.73% | +5.72% |
Volatility
FDEGX vs. USMIX - Volatility Comparison
Fidelity Growth Strategies Fund (FDEGX) has a higher volatility of 7.75% compared to USAA Extended Market Index Fund (USMIX) at 3.25%. This indicates that FDEGX's price experiences larger fluctuations and is considered to be riskier than USMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FDEGX | USMIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.75% | 3.25% | +4.50% |
Volatility (6M)Calculated over the trailing 6-month period | 18.44% | 11.77% | +6.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.04% | 16.60% | +7.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 23.73% | 24.93% | -1.20% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.23% | 23.62% | -1.39% |
FDEGX vs. USMIX - Expense Ratio Comparison
FDEGX has a 0.69% expense ratio, which is higher than USMIX's 0.38% expense ratio.
Dividends
FDEGX vs. USMIX - Dividend Comparison
FDEGX has not paid dividends to shareholders, while USMIX's dividend yield for the trailing twelve months is around 5.67%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDEGX Fidelity Growth Strategies Fund | 0.00% | 0.00% | 7.89% | 0.05% | 0.00% | 14.15% | 8.37% | 3.65% | 0.75% | 0.05% | 0.59% | 0.13% |
USMIX USAA Extended Market Index Fund | 5.67% | 6.47% | 14.41% | 4.41% | 8.78% | 17.98% | 3.32% | 3.18% | 6.48% | 7.48% | 7.07% | 8.02% |
Frequently Asked Questions
FDEGX and USMIX have a correlation of 0.82, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FDEGX has higher volatility (7.75%) compared to USMIX (3.25%). In terms of maximum drawdown, FDEGX dropped -85.96% vs USMIX's -57.91%.
USMIX currently has the higher Sharpe Ratio (1.53 vs -0.28), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FDEGX and USMIX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer