Correlation
The correlation between FDGKX and VYM is 0.90, 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.
FDGKX vs. VYM
Compare and contrast key facts about Fidelity Dividend Growth Fund Class K (FDGKX) and Vanguard High Dividend Yield ETF (VYM).
FDGKX is managed by Fidelity. It was launched on May 9, 2008. VYM is a passively managed fund by Vanguard that tracks the performance of the FTSE High Dividend Yield Index. It was launched on Nov 10, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDGKX or VYM.
Performance
FDGKX vs. VYM - Performance Comparison
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Key characteristics
FDGKX:
0.50
VYM:
0.78
FDGKX:
0.71
VYM:
1.13
FDGKX:
1.10
VYM:
1.16
FDGKX:
0.43
VYM:
0.83
FDGKX:
1.47
VYM:
3.18
FDGKX:
6.25%
VYM:
3.76%
FDGKX:
21.95%
VYM:
16.15%
FDGKX:
-55.62%
VYM:
-56.98%
FDGKX:
-4.51%
VYM:
-3.84%
Returns By Period
In the year-to-date period, FDGKX achieves a 2.32% return, which is significantly higher than VYM's 1.79% return. Over the past 10 years, FDGKX has outperformed VYM with an annualized return of 10.41%, while VYM has yielded a comparatively lower 9.76% annualized return.
FDGKX
2.32%
7.17%
-0.18%
10.55%
14.45%
16.89%
10.41%
VYM
1.79%
4.08%
-2.87%
10.73%
8.34%
13.46%
9.76%
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FDGKX vs. VYM - Expense Ratio Comparison
FDGKX has a 0.38% expense ratio, which is higher than VYM's 0.06% expense ratio.
Risk-Adjusted Performance
FDGKX vs. VYM — Risk-Adjusted Performance Rank
FDGKX
VYM
FDGKX vs. VYM - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Dividend Growth Fund Class K (FDGKX) and Vanguard High Dividend Yield ETF (VYM). 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.
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Dividends
FDGKX vs. VYM - Dividend Comparison
FDGKX's dividend yield for the trailing twelve months is around 9.56%, more than VYM's 2.86% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDGKX Fidelity Dividend Growth Fund Class K | 9.56% | 9.87% | 3.57% | 11.59% | 7.90% | 1.98% | 4.95% | 23.08% | 17.32% | 1.70% | 9.46% | 18.13% |
VYM Vanguard High Dividend Yield ETF | 2.86% | 2.74% | 3.12% | 3.01% | 2.76% | 3.18% | 3.03% | 3.40% | 2.80% | 2.91% | 3.22% | 2.78% |
Drawdowns
FDGKX vs. VYM - Drawdown Comparison
The maximum FDGKX drawdown since its inception was -55.62%, roughly equal to the maximum VYM drawdown of -56.98%. Use the drawdown chart below to compare losses from any high point for FDGKX and VYM.
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Volatility
FDGKX vs. VYM - Volatility Comparison
Fidelity Dividend Growth Fund Class K (FDGKX) and Vanguard High Dividend Yield ETF (VYM) have volatilities of 4.14% and 4.33%, 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.
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