Correlation
The correlation between FGDKX and FBGRX 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.
FGDKX vs. FBGRX
Compare and contrast key facts about Fidelity Growth Discovery Fund Class K (FGDKX) and Fidelity Blue Chip Growth Fund (FBGRX).
FGDKX is managed by Fidelity. It was launched on May 9, 2008. FBGRX is managed by Fidelity. It was launched on Dec 31, 1987.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FGDKX or FBGRX.
Performance
FGDKX vs. FBGRX - Performance Comparison
Loading data...
Key characteristics
FGDKX:
0.53
FBGRX:
0.47
FGDKX:
0.78
FBGRX:
0.74
FGDKX:
1.11
FBGRX:
1.10
FGDKX:
0.44
FBGRX:
0.41
FGDKX:
1.51
FBGRX:
1.27
FGDKX:
6.86%
FBGRX:
8.84%
FGDKX:
23.34%
FBGRX:
28.45%
FGDKX:
-55.39%
FBGRX:
-58.02%
FGDKX:
-4.61%
FBGRX:
-7.24%
Returns By Period
In the year-to-date period, FGDKX achieves a 0.71% return, which is significantly higher than FBGRX's -2.78% return. Over the past 10 years, FGDKX has underperformed FBGRX with an annualized return of 15.91%, while FBGRX has yielded a comparatively higher 16.99% annualized return.
FGDKX
0.71%
6.27%
-1.55%
12.20%
18.01%
16.77%
15.91%
FBGRX
-2.78%
7.81%
-2.61%
13.16%
22.17%
17.90%
16.99%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FGDKX vs. FBGRX - Expense Ratio Comparison
FGDKX has a 0.68% expense ratio, which is lower than FBGRX's 0.79% expense ratio.
Risk-Adjusted Performance
FGDKX vs. FBGRX — Risk-Adjusted Performance Rank
FGDKX
FBGRX
FGDKX vs. FBGRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Discovery Fund Class K (FGDKX) and Fidelity Blue Chip Growth Fund (FBGRX). 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.
Loading data...
Dividends
FGDKX vs. FBGRX - Dividend Comparison
FGDKX's dividend yield for the trailing twelve months is around 12.73%, more than FBGRX's 6.12% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGDKX Fidelity Growth Discovery Fund Class K | 12.73% | 12.82% | 2.63% | 3.69% | 13.53% | 9.77% | 4.37% | 5.13% | 5.05% | 0.15% | 0.28% | 0.28% |
FBGRX Fidelity Blue Chip Growth Fund | 6.12% | 5.95% | 0.93% | 0.57% | 8.73% | 6.40% | 3.70% | 6.32% | 4.28% | 4.05% | 5.30% | 5.96% |
Drawdowns
FGDKX vs. FBGRX - Drawdown Comparison
The maximum FGDKX drawdown since its inception was -55.39%, roughly equal to the maximum FBGRX drawdown of -58.02%. Use the drawdown chart below to compare losses from any high point for FGDKX and FBGRX.
Loading data...
Volatility
FGDKX vs. FBGRX - Volatility Comparison
The current volatility for Fidelity Growth Discovery Fund Class K (FGDKX) is 5.62%, while Fidelity Blue Chip Growth Fund (FBGRX) has a volatility of 6.48%. This indicates that FGDKX experiences smaller price fluctuations and is considered to be less risky than FBGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...