FDVV vs. LSGRX

Last updated Jun 14, 2026

FDVV (Fidelity High Dividend ETF) and LSGRX (Loomis Sayles Growth Fund) are both funds - FDVV is a Large Cap Blend Equities fund tracking the Fidelity Core Dividend Index, while LSGRX is a Large Cap Growth Equities fund managed by Natixis. Over the past 5 years, FDVV returned 13.53%/yr vs 11.20%/yr for LSGRX. A 0.70 correlation means they provide meaningful diversification when combined. FDVV charges 0.29%/yr vs 0.64%/yr for LSGRX.

Performance

FDVV vs. LSGRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity High Dividend ETF (FDVV) and Loomis Sayles Growth Fund (LSGRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FDVV achieves a 9.30% return, which is significantly higher than LSGRX's -4.82% return.

FDVV

• 1D: 0.57%
• 1M: 2.54%
• YTD: 9.30%
• 6M: 9.44%
• 1Y: 23.92%
• 3Y*: 19.75%
• 5Y*: 13.53%
• 10Y*: —

LSGRX

• 1D: 0.67%
• 1M: -5.92%
• YTD: -4.82%
• 6M: -3.89%
• 1Y: 5.03%
• 3Y*: 17.85%
• 5Y*: 11.20%
• 10Y*: 16.10%

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

FDVV vs. LSGRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FDVV Fidelity High Dividend ETF	9.30%	17.08%	21.81%	18.00%	-4.21%	29.24%	2.80%	24.07%	-1.26%	14.00%
LSGRX Loomis Sayles Growth Fund	-4.82%	14.01%	35.21%	51.30%	-27.86%	18.68%	31.76%	31.73%	-2.56%	32.63%

Correlation

The correlation between FDVV and LSGRX is 0.47, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.47
Correlation (3Y) Calculated over the trailing 3-year period	0.58
Correlation (5Y) Calculated over the trailing 5-year period	0.68
Correlation (All Time) Calculated using the full available price history since Sep 15, 2016	0.70

Over the past year, the correlation between FDVV and LSGRX has dropped to 0.47 - well below their long-term average of 0.70, suggesting their price drivers have been diverging.

Return for Risk

FDVV vs. LSGRX — Risk / Return Rank

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

FDVV

FDVV Risk / Return Rank: 73
FDVV Sharpe Ratio Rank: 81
FDVV Sortino Ratio Rank: 82
FDVV Omega Ratio Rank: 81
FDVV Calmar Ratio Rank: 56
FDVV Martin Ratio Rank: 64

LSGRX

LSGRX Risk / Return Rank: 7
LSGRX Sharpe Ratio Rank: 8
LSGRX Sortino Ratio Rank: 8
LSGRX Omega Ratio Rank: 8
LSGRX Calmar Ratio Rank: 7
LSGRX Martin Ratio Rank: 7

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.

FDVV vs. LSGRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity High Dividend ETF (FDVV) and Loomis Sayles Growth Fund (LSGRX). 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.

	FDVV	LSGRX	Difference
Sharpe ratio: Return per unit of total volatility	2.24	0.38	+1.86
Sortino ratio: Return per unit of downside risk	3.14	0.64	+2.50
Omega ratio: Gain probability vs. loss probability	1.41	1.08	+0.33
Calmar ratio: Return relative to maximum drawdown	2.44	0.37	+2.07
Martin ratio: Return relative to average drawdown	10.11	1.08	+9.03

FDVV vs. LSGRX - Sharpe Ratio Comparison

The current FDVV Sharpe Ratio is 2.24, which is higher than the LSGRX Sharpe Ratio of 0.38. The chart below compares the historical Sharpe Ratios of FDVV and LSGRX, 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

FDVV vs. LSGRX - Drawdown Comparison

The maximum FDVV drawdown since its inception was -40.25%, smaller than the maximum LSGRX drawdown of -63.63%. Use the drawdown chart below to compare losses from any high point for FDVV and LSGRX.

Drawdown Indicators

	FDVV	LSGRX	Difference
Max Drawdown Largest peak-to-trough decline	-40.25%	-63.63%	+23.38%
Max Drawdown (1Y) Largest decline over 1 year	-9.30%	-17.83%	+8.53%
Max Drawdown (3Y) Largest decline over 3 years	-15.90%	-27.33%	+11.43%
Max Drawdown (5Y) Largest decline over 5 years	-20.18%	-34.69%	+14.51%
Max Drawdown (10Y) Largest decline over 10 years	—	-34.69%	—
Current Drawdown Current decline from peak	-0.29%	-8.00%	+7.71%
Average Drawdown Average peak-to-trough decline	-3.80%	-17.94%	+14.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.24%	5.63%	-3.39%

Volatility

FDVV vs. LSGRX - Volatility Comparison

The current volatility for Fidelity High Dividend ETF (FDVV) is 3.16%, while Loomis Sayles Growth Fund (LSGRX) has a volatility of 5.33%. This indicates that FDVV experiences smaller price fluctuations and is considered to be less risky than LSGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FDVV	LSGRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.16%	5.33%	-2.17%
Volatility (6M) Calculated over the trailing 6-month period	8.16%	13.19%	-5.03%
Volatility (1Y) Calculated over the trailing 1-year period	10.12%	17.19%	-7.07%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.76%	22.73%	-7.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.98%	20.95%	-3.97%

FDVV vs. LSGRX - Expense Ratio Comparison

FDVV has a 0.29% expense ratio, which is lower than LSGRX's 0.64% expense ratio.

Dividends

FDVV vs. LSGRX - Dividend Comparison

FDVV's dividend yield for the trailing twelve months is around 2.70%, more than LSGRX's 2.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FDVV Fidelity High Dividend ETF	2.70%	2.89%	2.94%	3.77%	3.44%	2.70%	3.19%	3.93%	4.05%	3.66%	1.04%	0.00%
LSGRX Loomis Sayles Growth Fund	2.33%	2.22%	5.62%	6.02%	16.47%	4.73%	4.41%	2.70%	5.82%	2.41%	1.48%	0.54%

Frequently Asked Questions

Can I hold both FDVV and LSGRX in my portfolio?

FDVV and LSGRX have a correlation of 0.47, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FDVV or LSGRX?

LSGRX has higher volatility (5.33%) compared to FDVV (3.16%). In terms of maximum drawdown, FDVV dropped -40.25% vs LSGRX's -63.63%.

Which has better risk-adjusted returns?

FDVV currently has the higher Sharpe Ratio (2.24 vs 0.38), 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.