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FDSVX vs. FSKAX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FDSVX vs. FSKAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Growth Discovery Fund (FDSVX) and Fidelity Total Market Index Fund (FSKAX). The values are adjusted to include any dividend payments, if applicable.

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FDSVX vs. FSKAX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FDSVX
Fidelity Growth Discovery Fund
-9.28%15.14%30.19%35.63%-24.43%22.93%43.43%33.77%-0.33%34.63%
FSKAX
Fidelity Total Market Index Fund
-6.77%17.06%23.89%26.12%-19.53%25.66%20.79%30.92%-5.32%20.85%

Returns By Period

In the year-to-date period, FDSVX achieves a -9.28% return, which is significantly lower than FSKAX's -6.77% return. Over the past 10 years, FDSVX has outperformed FSKAX with an annualized return of 16.49%, while FSKAX has yielded a comparatively lower 13.23% annualized return.


FDSVX

1D
-0.83%
1M
-9.01%
YTD
-9.28%
6M
-8.54%
1Y
13.99%
3Y*
18.76%
5Y*
10.73%
10Y*
16.49%

FSKAX

1D
-0.47%
1M
-7.69%
YTD
-6.77%
6M
-4.56%
1Y
14.73%
3Y*
16.72%
5Y*
10.13%
10Y*
13.23%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FDSVX vs. FSKAX - Expense Ratio Comparison

FDSVX has a 0.77% expense ratio, which is higher than FSKAX's 0.02% expense ratio.


Return for Risk

FDSVX vs. FSKAX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FDSVX
FDSVX Risk / Return Rank: 2929
Overall Rank
FDSVX Sharpe Ratio Rank: 2828
Sharpe Ratio Rank
FDSVX Sortino Ratio Rank: 3030
Sortino Ratio Rank
FDSVX Omega Ratio Rank: 2929
Omega Ratio Rank
FDSVX Calmar Ratio Rank: 3030
Calmar Ratio Rank
FDSVX Martin Ratio Rank: 2929
Martin Ratio Rank

FSKAX
FSKAX Risk / Return Rank: 4545
Overall Rank
FSKAX Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
FSKAX Sortino Ratio Rank: 4444
Sortino Ratio Rank
FSKAX Omega Ratio Rank: 4848
Omega Ratio Rank
FSKAX Calmar Ratio Rank: 4141
Calmar Ratio Rank
FSKAX Martin Ratio Rank: 5252
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FDSVX vs. FSKAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Discovery Fund (FDSVX) and Fidelity Total Market Index Fund (FSKAX). 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.


FDSVXFSKAXDifference

Sharpe ratio

Return per unit of total volatility

0.64

0.83

-0.19

Sortino ratio

Return per unit of downside risk

1.04

1.29

-0.24

Omega ratio

Gain probability vs. loss probability

1.15

1.19

-0.05

Calmar ratio

Return relative to maximum drawdown

0.85

1.04

-0.19

Martin ratio

Return relative to average drawdown

3.08

5.05

-1.97

FDSVX vs. FSKAX - Sharpe Ratio Comparison

The current FDSVX Sharpe Ratio is 0.64, which is comparable to the FSKAX Sharpe Ratio of 0.83. The chart below compares the historical Sharpe Ratios of FDSVX and FSKAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FDSVXFSKAXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.64

0.83

-0.19

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.53

0.59

-0.05

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.81

0.72

+0.09

Sharpe Ratio (All Time)

Calculated using the full available price history

0.50

0.78

-0.28

Correlation

The correlation between FDSVX and FSKAX is 0.92, 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

FDSVX vs. FSKAX - Dividend Comparison

FDSVX's dividend yield for the trailing twelve months is around 1.74%, more than FSKAX's 1.09% yield.


TTM20252024202320222021202020192018201720162015
FDSVX
Fidelity Growth Discovery Fund
1.74%1.58%12.81%2.55%3.65%13.46%9.63%4.28%5.02%4.87%0.09%0.17%
FSKAX
Fidelity Total Market Index Fund
1.09%1.01%1.19%1.41%1.62%1.15%1.45%1.94%2.54%2.07%2.43%0.82%

Drawdowns

FDSVX vs. FSKAX - Drawdown Comparison

The maximum FDSVX drawdown since its inception was -59.34%, which is greater than FSKAX's maximum drawdown of -35.01%. Use the drawdown chart below to compare losses from any high point for FDSVX and FSKAX.


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Drawdown Indicators


FDSVXFSKAXDifference

Max Drawdown

Largest peak-to-trough decline

-59.34%

-35.01%

-24.33%

Max Drawdown (1Y)

Largest decline over 1 year

-13.05%

-12.42%

-0.63%

Max Drawdown (5Y)

Largest decline over 5 years

-29.83%

-25.39%

-4.44%

Max Drawdown (10Y)

Largest decline over 10 years

-31.09%

-35.01%

+3.92%

Current Drawdown

Current decline from peak

-12.53%

-8.92%

-3.61%

Average Drawdown

Average peak-to-trough decline

-12.67%

-4.05%

-8.62%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.60%

2.57%

+1.03%

Volatility

FDSVX vs. FSKAX - Volatility Comparison

Fidelity Growth Discovery Fund (FDSVX) has a higher volatility of 6.23% compared to Fidelity Total Market Index Fund (FSKAX) at 4.42%. This indicates that FDSVX's price experiences larger fluctuations and is considered to be riskier than FSKAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FDSVXFSKAXDifference

Volatility (1M)

Calculated over the trailing 1-month period

6.23%

4.42%

+1.81%

Volatility (6M)

Calculated over the trailing 6-month period

12.65%

9.40%

+3.25%

Volatility (1Y)

Calculated over the trailing 1-year period

21.83%

18.50%

+3.33%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.25%

17.38%

+2.87%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.48%

18.42%

+2.06%