FDSVX vs. SWLGX
Compare and contrast key facts about Fidelity Growth Discovery Fund (FDSVX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX).
FDSVX is managed by Fidelity. It was launched on Mar 31, 1998. SWLGX is a passively managed fund by Charles Schwab that tracks the performance of the Russell 1000 Growth Index. It was launched on Dec 20, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FDSVX or SWLGX.
Key characteristics
| FDSVX | SWLGX | |
|---|---|---|
| YTD Return | 17.40% | 26.34% |
| 1Y Return | 28.65% | 38.13% |
| 3Y Return (Ann) | 2.40% | 8.61% |
| 5Y Return (Ann) | 11.01% | 19.09% |
| Sharpe Ratio | 1.69 | 2.38 |
| Sortino Ratio | 2.10 | 3.07 |
| Omega Ratio | 1.33 | 1.44 |
| Calmar Ratio | 1.57 | 3.01 |
| Martin Ratio | 5.15 | 11.83 |
| Ulcer Index | 5.90% | 3.34% |
| Daily Std Dev | 17.95% | 16.58% |
| Max Drawdown | -59.34% | -32.69% |
| Current Drawdown | -8.20% | -1.46% |
Correlation
The correlation between FDSVX and SWLGX is 0.97, 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
FDSVX vs. SWLGX - Performance Comparison
In the year-to-date period, FDSVX achieves a 17.40% return, which is significantly lower than SWLGX's 26.34% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FDSVX vs. SWLGX - Expense Ratio Comparison
FDSVX has a 0.77% expense ratio, which is higher than SWLGX's 0.04% expense ratio.
Risk-Adjusted Performance
FDSVX vs. SWLGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Discovery Fund (FDSVX) and Schwab U.S. Large-Cap Growth Index Fund (SWLGX). 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
FDSVX vs. SWLGX - Dividend Comparison
FDSVX's dividend yield for the trailing twelve months is around 0.02%, less than SWLGX's 0.53% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
SWLGX Schwab U.S. Large-Cap Growth Index Fund | 0.53% | 0.67% | 0.93% | 0.57% | 0.67% | 0.96% | 1.03% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
FDSVX vs. SWLGX - Drawdown Comparison
The maximum FDSVX drawdown since its inception was -59.34%, which is greater than SWLGX's maximum drawdown of -32.69%. Use the drawdown chart below to compare losses from any high point for FDSVX and SWLGX. For additional features, visit the drawdowns tool.
Volatility
FDSVX vs. SWLGX - Volatility Comparison
The current volatility for Fidelity Growth Discovery Fund (FDSVX) is 4.01%, while Schwab U.S. Large-Cap Growth Index Fund (SWLGX) has a volatility of 4.25%. This indicates that FDSVX experiences smaller price fluctuations and is considered to be less risky than SWLGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.