PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
FDSVX vs. FTQGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FDSVX vs. FTQGX - Performance Comparison

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

-10.00%-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
0.31%
9.54%
FDSVX
FTQGX

Returns By Period

In the year-to-date period, FDSVX achieves a 18.88% return, which is significantly lower than FTQGX's 40.71% return. Over the past 10 years, FDSVX has outperformed FTQGX with an annualized return of 10.45%, while FTQGX has yielded a comparatively lower 9.49% annualized return.


FDSVX

YTD

18.88%

1M

0.03%

6M

1.30%

1Y

24.40%

5Y (annualized)

11.03%

10Y (annualized)

10.45%

FTQGX

YTD

40.71%

1M

1.36%

6M

11.69%

1Y

44.02%

5Y (annualized)

10.81%

10Y (annualized)

9.49%

Key characteristics


FDSVXFTQGX
Sharpe Ratio1.392.29
Sortino Ratio1.763.06
Omega Ratio1.281.41
Calmar Ratio1.541.61
Martin Ratio4.1112.70
Ulcer Index6.09%3.51%
Daily Std Dev18.02%19.42%
Max Drawdown-59.34%-61.00%
Current Drawdown-7.04%-1.82%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FDSVX vs. FTQGX - Expense Ratio Comparison

FDSVX has a 0.77% expense ratio, which is lower than FTQGX's 0.86% expense ratio.


FTQGX
Fidelity Focused Stock Fund
Expense ratio chart for FTQGX: current value at 0.86% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.86%
Expense ratio chart for FDSVX: current value at 0.77% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.77%

Correlation

-0.50.00.51.00.9

The correlation between FDSVX and FTQGX is 0.91, 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.

Risk-Adjusted Performance

FDSVX vs. FTQGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Discovery Fund (FDSVX) and Fidelity Focused Stock Fund (FTQGX). 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.


Sharpe ratio
The chart of Sharpe ratio for FDSVX, currently valued at 1.39, compared to the broader market-1.000.001.002.003.004.005.001.392.29
The chart of Sortino ratio for FDSVX, currently valued at 1.76, compared to the broader market0.005.0010.001.763.06
The chart of Omega ratio for FDSVX, currently valued at 1.28, compared to the broader market1.002.003.004.001.281.41
The chart of Calmar ratio for FDSVX, currently valued at 1.54, compared to the broader market0.005.0010.0015.0020.001.541.61
The chart of Martin ratio for FDSVX, currently valued at 4.11, compared to the broader market0.0020.0040.0060.0080.00100.004.1112.70
FDSVX
FTQGX

The current FDSVX Sharpe Ratio is 1.39, which is lower than the FTQGX Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of FDSVX and FTQGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio1.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
1.39
2.29
FDSVX
FTQGX

Dividends

FDSVX vs. FTQGX - Dividend Comparison

FDSVX's dividend yield for the trailing twelve months is around 0.02%, less than FTQGX's 0.43% yield.


TTM20232022202120202019201820172016201520142013
FDSVX
Fidelity Growth Discovery Fund
0.02%0.05%0.02%0.24%0.03%0.05%0.20%0.15%0.09%0.12%0.10%0.24%
FTQGX
Fidelity Focused Stock Fund
0.43%0.61%0.85%0.00%0.02%0.08%0.13%0.45%0.56%6.16%10.44%5.74%

Drawdowns

FDSVX vs. FTQGX - Drawdown Comparison

The maximum FDSVX drawdown since its inception was -59.34%, roughly equal to the maximum FTQGX drawdown of -61.00%. Use the drawdown chart below to compare losses from any high point for FDSVX and FTQGX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-7.04%
-1.82%
FDSVX
FTQGX

Volatility

FDSVX vs. FTQGX - Volatility Comparison

The current volatility for Fidelity Growth Discovery Fund (FDSVX) is 4.62%, while Fidelity Focused Stock Fund (FTQGX) has a volatility of 5.44%. This indicates that FDSVX experiences smaller price fluctuations and is considered to be less risky than FTQGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
4.62%
5.44%
FDSVX
FTQGX