FGDKX vs. GRNY

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Growth Discovery Fund Class K (FGDKX) and Fundstrat Granny Shots US Large Cap ETF (GRNY).

FGDKX is managed by Fidelity. It was launched on May 9, 2008. GRNY is an actively managed fund by Tidal ETFs. It was launched on Nov 7, 2024.

Performance

FGDKX vs. GRNY - Performance Comparison

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

FGDKX vs. GRNY - Yearly Performance Comparison

	2026 (YTD)	2025	2024
FGDKX Fidelity Growth Discovery Fund Class K	-5.37%	15.23%	-2.13%
GRNY Fundstrat Granny Shots US Large Cap ETF	-2.95%	24.05%	-1.09%

Returns By Period

In the year-to-date period, FGDKX achieves a -5.37% return, which is significantly lower than GRNY's -2.95% return.

FGDKX

• 1D: 4.32%
• 1M: -5.35%
• YTD: -5.37%
• 6M: -4.80%
• 1Y: 18.23%
• 3Y*: 20.53%
• 5Y*: 11.37%
• 10Y*: 17.09%

GRNY

• 1D: 0.67%
• 1M: -4.26%
• YTD: -2.95%
• 6M: -4.49%
• 1Y: 30.67%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

FGDKX vs. GRNY - Expense Ratio Comparison

FGDKX has a 0.68% expense ratio, which is lower than GRNY's 0.75% expense ratio.

GRNY

Fundstrat Granny Shots US Large Cap ETF

FGDKX

Fidelity Growth Discovery Fund Class K

Return for Risk

FGDKX vs. GRNY — Risk / Return Rank

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

FGDKX

FGDKX Risk / Return Rank: 42
FGDKX Sharpe Ratio Rank: 38
FGDKX Sortino Ratio Rank: 43
FGDKX Omega Ratio Rank: 40
FGDKX Calmar Ratio Rank: 46
FGDKX Martin Ratio Rank: 41

GRNY

GRNY Risk / Return Rank: 73
GRNY Sharpe Ratio Rank: 69
GRNY Sortino Ratio Rank: 72
GRNY Omega Ratio Rank: 68
GRNY Calmar Ratio Rank: 82
GRNY Martin Ratio Rank: 73

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.

FGDKX vs. GRNY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Discovery Fund Class K (FGDKX) and Fundstrat Granny Shots US Large Cap ETF (GRNY). 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.

	FGDKX	GRNY	Difference
Sharpe ratio Return per unit of total volatility	0.86	1.26	-0.40
Sortino ratio Return per unit of downside risk	1.35	1.86	-0.50
Omega ratio Gain probability vs. loss probability	1.19	1.26	-0.07
Calmar ratio Return relative to maximum drawdown	1.22	2.41	-1.19
Martin ratio Return relative to average drawdown	4.39	7.89	-3.50
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FGDKX vs. GRNY - Sharpe Ratio Comparison

The current FGDKX Sharpe Ratio is 0.86, which is lower than the GRNY Sharpe Ratio of 1.26. The chart below compares the historical Sharpe Ratios of FGDKX and GRNY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FGDKX	GRNY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.86	1.26	-0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.84	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.58	0.56	+0.02

Correlation

The correlation between FGDKX and GRNY 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.

Dividends

FGDKX vs. GRNY - Dividend Comparison

FGDKX's dividend yield for the trailing twelve months is around 1.74%, while GRNY has not paid dividends to shareholders.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FGDKX Fidelity Growth Discovery Fund Class K	1.74%	1.65%	12.82%	2.63%	3.69%	13.53%	9.71%	4.37%	5.13%	4.92%	0.15%	0.28%
GRNY Fundstrat Granny Shots US Large Cap ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

FGDKX vs. GRNY - Drawdown Comparison

The maximum FGDKX drawdown since its inception was -55.39%, which is greater than GRNY's maximum drawdown of -24.18%. Use the drawdown chart below to compare losses from any high point for FGDKX and GRNY.

Drawdown Indicators

	FGDKX	GRNY	Difference
Max Drawdown Largest peak-to-trough decline	-55.39%	-24.18%	-31.21%
Max Drawdown (1Y) Largest decline over 1 year	-13.05%	-13.36%	+0.31%
Max Drawdown (5Y) Largest decline over 5 years	-29.75%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-31.09%	—	—
Current Drawdown Current decline from peak	-8.74%	-8.39%	-0.35%
Average Drawdown Average peak-to-trough decline	-8.74%	-4.33%	-4.41%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.63%	4.08%	-0.45%

Volatility

FGDKX vs. GRNY - Volatility Comparison

Fidelity Growth Discovery Fund Class K (FGDKX) has a higher volatility of 7.78% compared to Fundstrat Granny Shots US Large Cap ETF (GRNY) at 6.27%. This indicates that FGDKX's price experiences larger fluctuations and is considered to be riskier than GRNY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FGDKX	GRNY	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.78%	6.27%	+1.51%
Volatility (6M) Calculated over the trailing 6-month period	13.34%	14.35%	-1.01%
Volatility (1Y) Calculated over the trailing 1-year period	22.22%	24.51%	-2.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.34%	24.00%	-3.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.53%	24.00%	-3.47%