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FDSVX vs. PRWAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

FDSVX vs. PRWAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Growth Discovery Fund (FDSVX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
0.31%
10.78%
FDSVX
PRWAX

Returns By Period

In the year-to-date period, FDSVX achieves a 18.88% return, which is significantly lower than PRWAX's 27.35% return. Over the past 10 years, FDSVX has outperformed PRWAX with an annualized return of 10.45%, while PRWAX has yielded a comparatively lower 5.35% annualized return.


FDSVX

YTD

18.88%

1M

0.03%

6M

1.30%

1Y

24.40%

5Y (annualized)

11.03%

10Y (annualized)

10.45%

PRWAX

YTD

27.35%

1M

2.04%

6M

11.59%

1Y

26.32%

5Y (annualized)

7.86%

10Y (annualized)

5.35%

Key characteristics


FDSVXPRWAX
Sharpe Ratio1.391.96
Sortino Ratio1.762.55
Omega Ratio1.281.37
Calmar Ratio1.541.02
Martin Ratio4.1111.05
Ulcer Index6.09%2.44%
Daily Std Dev18.02%13.79%
Max Drawdown-59.34%-70.45%
Current Drawdown-7.04%-4.61%

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FDSVX vs. PRWAX - Expense Ratio Comparison

FDSVX has a 0.77% expense ratio, which is higher than PRWAX's 0.76% expense ratio.


FDSVX
Fidelity Growth Discovery Fund
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%
Expense ratio chart for PRWAX: current value at 0.76% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.76%

Correlation

-0.50.00.51.00.9

The correlation between FDSVX and PRWAX is 0.93, 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. PRWAX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Discovery Fund (FDSVX) and T. Rowe Price All-Cap Opportunities Fund (PRWAX). 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-1.000.001.002.003.004.005.001.391.96
The chart of Sortino ratio for FDSVX, currently valued at 1.76, compared to the broader market0.005.0010.001.762.55
The chart of Omega ratio for FDSVX, currently valued at 1.28, compared to the broader market1.002.003.004.001.281.37
The chart of Calmar ratio for FDSVX, currently valued at 1.54, compared to the broader market0.005.0010.0015.0020.001.541.02
The chart of Martin ratio for FDSVX, currently valued at 4.11, compared to the broader market0.0020.0040.0060.0080.00100.004.1111.05
FDSVX
PRWAX

The current FDSVX Sharpe Ratio is 1.39, which is comparable to the PRWAX Sharpe Ratio of 1.96. The chart below compares the historical Sharpe Ratios of FDSVX and PRWAX, 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 Ratio1.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
1.39
1.96
FDSVX
PRWAX

Dividends

FDSVX vs. PRWAX - Dividend Comparison

FDSVX's dividend yield for the trailing twelve months is around 0.02%, less than PRWAX's 0.16% 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%
PRWAX
T. Rowe Price All-Cap Opportunities Fund
0.16%0.20%0.00%0.00%0.03%0.40%0.23%0.17%0.05%0.00%0.00%0.00%

Drawdowns

FDSVX vs. PRWAX - Drawdown Comparison

The maximum FDSVX drawdown since its inception was -59.34%, smaller than the maximum PRWAX drawdown of -70.45%. Use the drawdown chart below to compare losses from any high point for FDSVX and PRWAX. For additional features, visit the drawdowns tool.


-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-7.04%
-4.61%
FDSVX
PRWAX

Volatility

FDSVX vs. PRWAX - Volatility Comparison

Fidelity Growth Discovery Fund (FDSVX) has a higher volatility of 4.62% compared to T. Rowe Price All-Cap Opportunities Fund (PRWAX) at 3.96%. This indicates that FDSVX's price experiences larger fluctuations and is considered to be riskier than PRWAX 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%
3.96%
FDSVX
PRWAX