FDSSX vs. VSPGX

Last updated Aug 5, 2026

FDSSX (Fidelity Stock Selector All Cap Fund) and VSPGX (Vanguard S&P 500 Growth Index Fund Institutional Shares) are both Large Cap Growth Equities funds. Over the past 5 years, FDSSX returned 12.51%/yr vs 13.55%/yr for VSPGX. Their correlation of 0.93 means they have usually moved in the same direction. FDSSX charges 0.68%/yr vs 0.05%/yr for VSPGX.

Performance

FDSSX vs. VSPGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Stock Selector All Cap Fund (FDSSX) and Vanguard S&P 500 Growth Index Fund Institutional Shares (VSPGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDSSX achieves a 17.16% return, which is significantly higher than VSPGX's 12.48% return.

FDSSX

• 1D: 1.58%
• 1M: 1.51%
• 6M: 14.26%
• YTD: 17.16%
• 1Y: 29.25%
• 3Y*: 21.56%
• 5Y*: 12.51%
• 10Y*: 15.01%
• ALL TIME*: 11.53%

VSPGX

• 1D: 2.24%
• 1M: 1.98%
• 6M: 13.33%
• YTD: 12.48%
• 1Y: 22.00%
• 3Y*: 25.91%
• 5Y*: 13.55%
• 10Y*: —
• ALL TIME*: 18.10%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FDSSX Fidelity Stock Selector All Cap Fund	$0.00	$0.00	$0.00
VSPGX Vanguard S&P 500 Growth Index Fund Institutional Shares	$0.00	$0.00	$0.00

FDSSX vs. VSPGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FDSSX Fidelity Stock Selector All Cap Fund	17.16%	18.89%	19.79%	26.94%	-19.55%	23.14%	24.90%	32.21%	-8.61%	20.42%
VSPGX Vanguard S&P 500 Growth Index Fund Institutional Shares	12.48%	21.91%	35.48%	30.38%	-29.46%	31.88%	33.34%	31.06%	-0.05%	23.40%

Correlation

The correlation between FDSSX and VSPGX is 0.95 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.95
Correlation (3Y) Balances recent behavior with more history.	0.93
Correlation (5Y) Shows whether the relationship held over a longer period.	0.94
Correlation (All Time) Calculated using the full available price history since Feb 1, 2017	0.93

The correlation between FDSSX and VSPGX has been stable across timeframes, ranging from 0.93 to 0.95 - a consistent structural relationship.

Return for Risk

FDSSX vs. VSPGX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FDSSX

FDSSX Risk / Return Rank: 87
FDSSX Sharpe Ratio Rank: 88
FDSSX Sortino Ratio Rank: 84
FDSSX Omega Ratio Rank: 81
FDSSX Calmar Ratio Rank: 88
FDSSX Martin Ratio Rank: 94

VSPGX

VSPGX Risk / Return Rank: 40
VSPGX Sharpe Ratio Rank: 41
VSPGX Sortino Ratio Rank: 40
VSPGX Omega Ratio Rank: 37
VSPGX Calmar Ratio Rank: 40
VSPGX Martin Ratio Rank: 42

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FDSSX vs. VSPGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Stock Selector All Cap Fund (FDSSX) and Vanguard S&P 500 Growth Index Fund Institutional Shares (VSPGX). 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.

	FDSSX	VSPGX	Difference
Sharpe ratio: Return per unit of total volatility	2.21	1.35	+0.86
Sortino ratio: Return per unit of downside risk	3.00	1.92	+1.08
Omega ratio: Gain probability vs. loss probability	1.39	1.24	+0.16
Calmar ratio: Return relative to maximum drawdown	3.42	1.79	+1.64
Martin ratio: Return relative to average drawdown	15.49	6.51	+8.98

FDSSX vs. VSPGX - Sharpe Ratio Comparison

The current FDSSX Sharpe Ratio is 2.21, which is higher than the VSPGX Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of FDSSX and VSPGX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FDSSX vs. VSPGX - Drawdown Comparison

The maximum FDSSX drawdown since its inception was -56.77%, which is greater than VSPGX's maximum drawdown of -32.73%. Use the drawdown chart below to compare losses from any high point for FDSSX and VSPGX.

Drawdown Indicators

	FDSSX	VSPGX	Difference
Max Drawdown Largest peak-to-trough decline	-56.77%	-32.73%	-24.04%
Max Drawdown (1Y) Largest decline over 1 year	-9.19%	-13.68%	+4.49%
Max Drawdown (3Y) Largest decline over 3 years	-20.86%	-22.34%	+1.48%
Max Drawdown (5Y) Largest decline over 5 years	-25.22%	-32.73%	+7.51%
Max Drawdown (10Y) Largest decline over 10 years	-34.37%	—	—
Current Drawdown Current decline from peak	-0.02%	-2.24%	+2.22%
Average Drawdown Average peak-to-trough decline	-9.84%	-6.73%	-3.11%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.03%	3.75%	-1.72%

Volatility

FDSSX vs. VSPGX - Volatility Comparison

The current volatility for Fidelity Stock Selector All Cap Fund (FDSSX) is 4.10%, while Vanguard S&P 500 Growth Index Fund Institutional Shares (VSPGX) has a volatility of 6.37%. This indicates that FDSSX experiences smaller price fluctuations and is considered to be less risky than VSPGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDSSX	VSPGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.10%	6.37%	-2.27%
Volatility (6M) Calculated over the trailing 6-month period	11.47%	14.93%	-3.46%
Volatility (1Y) Calculated over the trailing 1-year period	14.24%	18.11%	-3.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.92%	21.62%	-3.70%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.59%	21.39%	-2.80%

FDSSX vs. VSPGX - Expense Ratio Comparison

FDSSX has a 0.68% expense ratio, which is higher than VSPGX's 0.05% expense ratio.

Dividends

FDSSX vs. VSPGX - Dividend Comparison

FDSSX's dividend yield for the trailing twelve months is around 4.08%, more than VSPGX's 0.47% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDSSX Fidelity Stock Selector All Cap Fund	4.08%	4.79%	4.83%	2.03%	0.36%	0.84%	5.22%	6.09%	4.46%	3.07%	1.04%	5.16%
VSPGX Vanguard S&P 500 Growth Index Fund Institutional Shares	0.47%	0.38%	0.50%	1.14%	0.95%	0.55%	0.89%	0.68%	0.31%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FDSSX and VSPGX in my portfolio?

With a correlation of 0.95, FDSSX and VSPGX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FDSSX or VSPGX?

VSPGX has higher volatility (6.37%) compared to FDSSX (4.10%). In terms of maximum drawdown, FDSSX dropped -56.77% vs VSPGX's -32.73%.

Which has better risk-adjusted returns?

FDSSX currently has the higher Sharpe Ratio (2.21 vs 1.35), 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.