FGDDX vs. FSPGX

Last updated Jun 4, 2026

FGDDX (Fidelity Advisor Dividend Growth Fund Class A) and FSPGX (Fidelity Large Cap Growth Index Fund) are both mutual funds - FGDDX is a Large Cap Blend Equities fund actively managed by Fidelity, while FSPGX is a Large Cap Growth Equities fund managed by Fidelity. Their correlation of 0.83 suggests significant overlap in exposure. FGDDX charges 1.16%/yr vs 0.04%/yr for FSPGX.

Performance

FGDDX vs. FSPGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Advisor Dividend Growth Fund Class A (FGDDX) and Fidelity Large Cap Growth Index Fund (FSPGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FGDDX

• 1D: -0.08%
• 1M: 5.08%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FSPGX

• 1D: -0.38%
• 1M: 7.10%
• YTD: 8.60%
• 6M: 7.98%
• 1Y: 27.43%
• 3Y*: 25.53%
• 5Y*: 16.03%
• 10Y*: —

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

FGDDX vs. FSPGX - Yearly Performance Comparison

	2026 (YTD)
FGDDX Fidelity Advisor Dividend Growth Fund Class A	15.39%
FSPGX Fidelity Large Cap Growth Index Fund	15.84%

Correlation

The correlation between FGDDX and FSPGX is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Mar 17, 2026	0.83

Return for Risk

FGDDX vs. FSPGX — Risk / Return Rank

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

FSPGX

FSPGX Risk / Return Rank: 32
FSPGX Sharpe Ratio Rank: 41
FSPGX Sortino Ratio Rank: 36
FSPGX Omega Ratio Rank: 37
FSPGX Calmar Ratio Rank: 22
FSPGX Martin Ratio Rank: 23

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.

FGDDX vs. FSPGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Dividend Growth Fund Class A (FGDDX) and Fidelity Large Cap Growth Index Fund (FSPGX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	FGDDX	FSPGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.85	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	5.81	0.90	+4.91

Drawdowns

FGDDX vs. FSPGX - Drawdown Comparison

The maximum FGDDX drawdown since its inception was -5.73%, smaller than the maximum FSPGX drawdown of -32.66%. Use the drawdown chart below to compare losses from any high point for FGDDX and FSPGX.

Drawdown Indicators

	FGDDX	FSPGX	Difference
Max Drawdown Largest peak-to-trough decline	-5.73%	-32.66%	+26.93%
Max Drawdown (1Y) Largest decline over 1 year	—	-16.17%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-23.32%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.66%	—
Current Drawdown Current decline from peak	-0.08%	-0.38%	+0.30%
Average Drawdown Average peak-to-trough decline	-1.02%	-6.37%	+5.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	4.81%	—

Volatility

Volatility by Period

	FGDDX	FSPGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.32%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.58%	—
Volatility (1Y) Calculated over the trailing 1-year period	16.51%	15.39%	+1.12%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.51%	21.49%	-4.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.51%	21.55%	-5.04%

FGDDX vs. FSPGX - Expense Ratio Comparison

FGDDX has a 1.16% expense ratio, which is higher than FSPGX's 0.04% expense ratio.

Dividends

FGDDX vs. FSPGX - Dividend Comparison

FGDDX's dividend yield for the trailing twelve months is around 0.15%, less than FSPGX's 0.32% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FGDDX Fidelity Advisor Dividend Growth Fund Class A	0.15%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FSPGX Fidelity Large Cap Growth Index Fund	0.32%	0.34%	0.37%	0.73%	0.86%	2.22%	1.76%	1.04%	1.32%	0.22%

Frequently Asked Questions

Can I hold both FGDDX and FSPGX in my portfolio?

FGDDX and FSPGX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.