FDGRX vs. SPY
Compare and contrast key facts about Fidelity Growth Company Fund (FDGRX) and SPDR S&P 500 ETF (SPY).
FDGRX is managed by Fidelity. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDGRX or SPY.
Correlation
The correlation between FDGRX and SPY is 0.86, 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
FDGRX vs. SPY - Performance Comparison
Key characteristics
FDGRX:
1.86
SPY:
2.21
FDGRX:
2.44
SPY:
2.93
FDGRX:
1.33
SPY:
1.41
FDGRX:
1.30
SPY:
3.26
FDGRX:
9.42
SPY:
14.43
FDGRX:
3.89%
SPY:
1.90%
FDGRX:
19.75%
SPY:
12.41%
FDGRX:
-71.50%
SPY:
-55.19%
FDGRX:
-2.37%
SPY:
-2.74%
Returns By Period
In the year-to-date period, FDGRX achieves a 39.38% return, which is significantly higher than SPY's 25.54% return. Both investments have delivered pretty close results over the past 10 years, with FDGRX having a 13.41% annualized return and SPY not far behind at 12.97%.
FDGRX
39.38%
3.80%
11.03%
34.90%
15.04%
13.41%
SPY
25.54%
-0.42%
8.90%
25.98%
14.66%
12.97%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FDGRX vs. SPY - Expense Ratio Comparison
FDGRX has a 0.79% expense ratio, which is higher than SPY's 0.09% expense ratio.
Risk-Adjusted Performance
FDGRX vs. SPY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Company Fund (FDGRX) and SPDR S&P 500 ETF (SPY). 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
FDGRX vs. SPY - Dividend Comparison
FDGRX has not paid dividends to shareholders, while SPY's dividend yield for the trailing twelve months is around 0.86%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDGRX Fidelity Growth Company Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.07% | 3.92% | 4.03% | 7.12% |
SPY SPDR S&P 500 ETF | 0.86% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% | 1.87% | 1.81% |
Drawdowns
FDGRX vs. SPY - Drawdown Comparison
The maximum FDGRX drawdown since its inception was -71.50%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for FDGRX and SPY. For additional features, visit the drawdowns tool.
Volatility
FDGRX vs. SPY - Volatility Comparison
Fidelity Growth Company Fund (FDGRX) has a higher volatility of 5.25% compared to SPDR S&P 500 ETF (SPY) at 3.72%. This indicates that FDGRX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.