FGDKX vs. HLAL

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Growth Discovery Fund Class K (FGDKX) and Wahed FTSE USA Shariah ETF (HLAL).

FGDKX is managed by Fidelity. It was launched on May 9, 2008. HLAL is a passively managed fund by Wahed that tracks the performance of the FTSE Shariah USA Index. It was launched on Jul 16, 2019.

Performance

FGDKX vs. HLAL - Performance Comparison

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

FGDKX vs. HLAL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FGDKX Fidelity Growth Discovery Fund Class K	-5.37%	15.23%	30.30%	35.73%	-24.34%	23.03%	43.54%	7.88%
HLAL Wahed FTSE USA Shariah ETF	-3.31%	18.30%	16.70%	30.13%	-17.56%	28.64%	24.65%	10.96%

Returns By Period

In the year-to-date period, FGDKX achieves a -5.37% return, which is significantly lower than HLAL's -3.31% 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%

HLAL

• 1D: 0.98%
• 1M: -4.62%
• YTD: -3.31%
• 6M: 0.55%
• 1Y: 22.37%
• 3Y*: 16.11%
• 5Y*: 11.90%
• 10Y*: —

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

FGDKX vs. HLAL - Expense Ratio Comparison

FGDKX has a 0.68% expense ratio, which is higher than HLAL's 0.50% expense ratio.

FGDKX

Fidelity Growth Discovery Fund Class K

HLAL

Wahed FTSE USA Shariah ETF

Return for Risk

FGDKX vs. HLAL — 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

HLAL

HLAL Risk / Return Rank: 68
HLAL Sharpe Ratio Rank: 63
HLAL Sortino Ratio Rank: 68
HLAL Omega Ratio Rank: 69
HLAL Calmar Ratio Rank: 67
HLAL Martin Ratio Rank: 74

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. HLAL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Discovery Fund Class K (FGDKX) and Wahed FTSE USA Shariah ETF (HLAL). 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	HLAL	Difference
Sharpe ratio Return per unit of total volatility	0.86	1.15	-0.29
Sortino ratio Return per unit of downside risk	1.35	1.77	-0.42
Omega ratio Gain probability vs. loss probability	1.19	1.26	-0.07
Calmar ratio Return relative to maximum drawdown	1.22	1.77	-0.55
Martin ratio Return relative to average drawdown	4.39	8.08	-3.68
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. HLAL - Sharpe Ratio Comparison

The current FGDKX Sharpe Ratio is 0.86, which is comparable to the HLAL Sharpe Ratio of 1.15. The chart below compares the historical Sharpe Ratios of FGDKX and HLAL, 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	HLAL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.86	1.15	-0.29
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	0.68	-0.12
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	0.74	-0.16

Correlation

The correlation between FGDKX and HLAL is 0.90, 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. HLAL - Dividend Comparison

FGDKX's dividend yield for the trailing twelve months is around 1.74%, more than HLAL's 0.55% yield.

	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%
HLAL Wahed FTSE USA Shariah ETF	0.55%	0.53%	0.58%	0.72%	1.15%	0.78%	0.97%	0.72%	0.00%	0.00%	0.00%	0.00%

Drawdowns

FGDKX vs. HLAL - Drawdown Comparison

The maximum FGDKX drawdown since its inception was -55.39%, which is greater than HLAL's maximum drawdown of -33.57%. Use the drawdown chart below to compare losses from any high point for FGDKX and HLAL.

Drawdown Indicators

	FGDKX	HLAL	Difference
Max Drawdown Largest peak-to-trough decline	-55.39%	-33.57%	-21.82%
Max Drawdown (1Y) Largest decline over 1 year	-13.05%	-13.15%	+0.10%
Max Drawdown (5Y) Largest decline over 5 years	-29.75%	-23.18%	-6.57%
Max Drawdown (10Y) Largest decline over 10 years	-31.09%	—	—
Current Drawdown Current decline from peak	-8.74%	-6.39%	-2.35%
Average Drawdown Average peak-to-trough decline	-8.74%	-5.10%	-3.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.63%	2.89%	+0.74%

Volatility

FGDKX vs. HLAL - Volatility Comparison

Fidelity Growth Discovery Fund Class K (FGDKX) has a higher volatility of 7.78% compared to Wahed FTSE USA Shariah ETF (HLAL) at 5.86%. This indicates that FGDKX's price experiences larger fluctuations and is considered to be riskier than HLAL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FGDKX	HLAL	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.78%	5.86%	+1.92%
Volatility (6M) Calculated over the trailing 6-month period	13.34%	10.16%	+3.18%
Volatility (1Y) Calculated over the trailing 1-year period	22.22%	19.53%	+2.69%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.34%	17.53%	+2.81%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.53%	20.33%	+0.20%