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

Correlation

The correlation between FGDKX and FDSVX is 0.92, 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

FGDKX vs. FDSVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Growth Discovery Fund Class K (FGDKX) and Fidelity Growth Discovery Fund (FDSVX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FGDKX:

-0.24

FDSVX:

0.31

Sortino Ratio

FGDKX:

-0.18

FDSVX:

0.57

Omega Ratio

FGDKX:

0.97

FDSVX:

1.08

Calmar Ratio

FGDKX:

-0.22

FDSVX:

0.29

Martin Ratio

FGDKX:

-0.56

FDSVX:

1.00

Ulcer Index

FGDKX:

10.83%

FDSVX:

6.74%

Daily Std Dev

FGDKX:

24.66%

FDSVX:

22.86%

Max Drawdown

FGDKX:

-55.39%

FDSVX:

-59.34%

Current Drawdown

FGDKX:

-15.25%

FDSVX:

-10.33%

Returns By Period

The year-to-date returns for both stocks are quite close, with FGDKX having a -5.31% return and FDSVX slightly lower at -5.34%. Over the past 10 years, FGDKX has underperformed FDSVX with an annualized return of 9.21%, while FDSVX has yielded a comparatively higher 15.27% annualized return.


FGDKX

YTD

-5.31%

1M

10.46%

6M

-10.32%

1Y

-5.84%

5Y*

7.45%

10Y*

9.21%

FDSVX

YTD

-5.34%

1M

10.45%

6M

-7.27%

1Y

7.04%

5Y*

16.63%

10Y*

15.27%

*Annualized

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FGDKX vs. FDSVX - Expense Ratio Comparison

FGDKX has a 0.68% expense ratio, which is lower than FDSVX's 0.77% expense ratio.


Risk-Adjusted Performance

FGDKX vs. FDSVX — Risk-Adjusted Performance Rank

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

FGDKX
The Risk-Adjusted Performance Rank of FGDKX is 1010
Overall Rank
The Sharpe Ratio Rank of FGDKX is 1212
Sharpe Ratio Rank
The Sortino Ratio Rank of FGDKX is 1111
Sortino Ratio Rank
The Omega Ratio Rank of FGDKX is 1111
Omega Ratio Rank
The Calmar Ratio Rank of FGDKX is 88
Calmar Ratio Rank
The Martin Ratio Rank of FGDKX is 1010
Martin Ratio Rank

FDSVX
The Risk-Adjusted Performance Rank of FDSVX is 4444
Overall Rank
The Sharpe Ratio Rank of FDSVX is 4444
Sharpe Ratio Rank
The Sortino Ratio Rank of FDSVX is 4444
Sortino Ratio Rank
The Omega Ratio Rank of FDSVX is 4444
Omega Ratio Rank
The Calmar Ratio Rank of FDSVX is 4747
Calmar Ratio Rank
The Martin Ratio Rank of FDSVX is 4343
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FGDKX vs. FDSVX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Discovery Fund Class K (FGDKX) and Fidelity Growth Discovery Fund (FDSVX). 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.


The current FGDKX Sharpe Ratio is -0.24, which is lower than the FDSVX Sharpe Ratio of 0.31. The chart below compares the historical Sharpe Ratios of FGDKX and FDSVX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FGDKX vs. FDSVX - Dividend Comparison

FGDKX has not paid dividends to shareholders, while FDSVX's dividend yield for the trailing twelve months is around 13.54%.


TTM20242023202220212020201920182017201620152014
FGDKX
Fidelity Growth Discovery Fund Class K
0.00%0.00%0.14%0.07%0.28%0.11%0.15%0.31%0.26%0.15%0.24%0.28%
FDSVX
Fidelity Growth Discovery Fund
13.54%12.81%2.55%3.65%13.46%9.65%4.28%5.02%4.94%0.09%0.16%0.09%

Drawdowns

FGDKX vs. FDSVX - Drawdown Comparison

The maximum FGDKX drawdown since its inception was -55.39%, smaller than the maximum FDSVX drawdown of -59.34%. Use the drawdown chart below to compare losses from any high point for FGDKX and FDSVX. For additional features, visit the drawdowns tool.


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Volatility

FGDKX vs. FDSVX - Volatility Comparison

Fidelity Growth Discovery Fund Class K (FGDKX) and Fidelity Growth Discovery Fund (FDSVX) have volatilities of 8.06% and 8.02%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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