FDGFX vs. MSEGX
Compare and contrast key facts about Fidelity Dividend Growth Fund (FDGFX) and Morgan Stanley Institutional Growth Portfolio (MSEGX).
FDGFX is managed by Fidelity. It was launched on Apr 27, 1993. MSEGX is an actively managed fund by Morgan Stanley. It was launched on Apr 2, 1991.
Performance
FDGFX vs. MSEGX - Performance Comparison
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FDGFX vs. MSEGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FDGFX Fidelity Dividend Growth Fund | -3.17% | 22.48% | 27.58% | 17.86% | -11.61% | 27.96% | 2.20% | 28.75% | -7.23% | 18.05% |
MSEGX Morgan Stanley Institutional Growth Portfolio | -19.09% | 24.43% | 46.29% | 49.87% | -60.27% | -0.31% | 115.11% | 38.93% | 5.01% | 43.53% |
Returns By Period
In the year-to-date period, FDGFX achieves a -3.17% return, which is significantly higher than MSEGX's -19.09% return. Over the past 10 years, FDGFX has underperformed MSEGX with an annualized return of 12.06%, while MSEGX has yielded a comparatively higher 14.96% annualized return.
FDGFX
- 1D
- -0.63%
- 1M
- -9.11%
- YTD
- -3.17%
- 6M
- 1.77%
- 1Y
- 25.21%
- 3Y*
- 20.48%
- 5Y*
- 13.17%
- 10Y*
- 12.06%
MSEGX
- 1D
- -0.67%
- 1M
- -8.78%
- YTD
- -19.09%
- 6M
- -25.14%
- 1Y
- 12.68%
- 3Y*
- 23.39%
- 5Y*
- -2.29%
- 10Y*
- 14.96%
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FDGFX vs. MSEGX - Expense Ratio Comparison
FDGFX has a 0.48% expense ratio, which is lower than MSEGX's 0.87% expense ratio.
Return for Risk
FDGFX vs. MSEGX — Risk / Return Rank
FDGFX
MSEGX
FDGFX vs. MSEGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Dividend Growth Fund (FDGFX) and Morgan Stanley Institutional Growth Portfolio (MSEGX). 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.
| FDGFX | MSEGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.35 | 0.33 | +1.02 |
Sortino ratioReturn per unit of downside risk | 1.91 | 0.71 | +1.20 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.09 | +0.21 |
Calmar ratioReturn relative to maximum drawdown | 1.88 | 0.25 | +1.63 |
Martin ratioReturn relative to average drawdown | 8.47 | 0.66 | +7.81 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| FDGFX | MSEGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.35 | 0.33 | +1.02 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.80 | -0.06 | +0.86 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | 0.45 | +0.19 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.50 | 0.40 | +0.10 |
Correlation
The correlation between FDGFX and MSEGX is 0.77, 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.
Dividends
FDGFX vs. MSEGX - Dividend Comparison
FDGFX's dividend yield for the trailing twelve months is around 9.66%, while MSEGX has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDGFX Fidelity Dividend Growth Fund | 9.66% | 9.35% | 9.81% | 3.48% | 11.46% | 7.81% | 1.89% | 4.84% | 22.93% | 15.35% | 1.58% | 8.44% |
MSEGX Morgan Stanley Institutional Growth Portfolio | 0.00% | 0.00% | 0.42% | 0.00% | 18.70% | 26.52% | 10.03% | 22.75% | 5.67% | 22.18% | 13.17% | 7.76% |
Drawdowns
FDGFX vs. MSEGX - Drawdown Comparison
The maximum FDGFX drawdown since its inception was -60.77%, smaller than the maximum MSEGX drawdown of -69.57%. Use the drawdown chart below to compare losses from any high point for FDGFX and MSEGX.
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Drawdown Indicators
| FDGFX | MSEGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.77% | -69.57% | +8.80% |
Max Drawdown (1Y)Largest decline over 1 year | -12.19% | -27.83% | +15.64% |
Max Drawdown (5Y)Largest decline over 5 years | -21.37% | -69.57% | +48.20% |
Max Drawdown (10Y)Largest decline over 10 years | -41.29% | -69.57% | +28.28% |
Current DrawdownCurrent decline from peak | -10.16% | -30.07% | +19.91% |
Average DrawdownAverage peak-to-trough decline | -7.56% | -19.49% | +11.93% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.70% | 10.49% | -7.79% |
Volatility
FDGFX vs. MSEGX - Volatility Comparison
The current volatility for Fidelity Dividend Growth Fund (FDGFX) is 5.29%, while Morgan Stanley Institutional Growth Portfolio (MSEGX) has a volatility of 8.12%. This indicates that FDGFX experiences smaller price fluctuations and is considered to be less risky than MSEGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FDGFX | MSEGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.29% | 8.12% | -2.83% |
Volatility (6M)Calculated over the trailing 6-month period | 10.50% | 21.71% | -11.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.90% | 33.16% | -14.26% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.50% | 39.77% | -23.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.14% | 33.60% | -14.46% |