FGDKX vs. JGVVX
Compare and contrast key facts about Fidelity Growth Discovery Fund Class K (FGDKX) and JPMorgan Growth Advantage Fund (JGVVX).
FGDKX is managed by Fidelity. It was launched on May 9, 2008. JGVVX is managed by JPMorgan. It was launched on Dec 23, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FGDKX or JGVVX.
Correlation
The correlation between FGDKX and JGVVX is 0.96, 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. JGVVX - Performance Comparison
Key characteristics
FGDKX:
0.36
JGVVX:
0.96
FGDKX:
0.57
JGVVX:
1.34
FGDKX:
1.08
JGVVX:
1.19
FGDKX:
0.41
JGVVX:
1.41
FGDKX:
0.95
JGVVX:
4.30
FGDKX:
7.08%
JGVVX:
4.29%
FGDKX:
18.86%
JGVVX:
19.16%
FGDKX:
-55.39%
JGVVX:
-42.95%
FGDKX:
-7.42%
JGVVX:
-5.38%
Returns By Period
In the year-to-date period, FGDKX achieves a 3.45% return, which is significantly lower than JGVVX's 3.81% return. Over the past 10 years, FGDKX has underperformed JGVVX with an annualized return of 10.15%, while JGVVX has yielded a comparatively higher 13.79% annualized return.
FGDKX
3.45%
-0.41%
5.93%
8.21%
8.47%
10.15%
JGVVX
3.81%
0.05%
7.13%
20.52%
11.73%
13.79%
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FGDKX vs. JGVVX - Expense Ratio Comparison
FGDKX has a 0.68% expense ratio, which is higher than JGVVX's 0.55% expense ratio.
Risk-Adjusted Performance
FGDKX vs. JGVVX — Risk-Adjusted Performance Rank
FGDKX
JGVVX
FGDKX vs. JGVVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Discovery Fund Class K (FGDKX) and JPMorgan Growth Advantage Fund (JGVVX). 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.
Dividends
FGDKX vs. JGVVX - Dividend Comparison
Neither FGDKX nor JGVVX has paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
JGVVX JPMorgan Growth Advantage Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.32% | 9.28% | 9.37% | 4.04% | 0.00% | 3.42% | 3.83% |
Drawdowns
FGDKX vs. JGVVX - Drawdown Comparison
The maximum FGDKX drawdown since its inception was -55.39%, which is greater than JGVVX's maximum drawdown of -42.95%. Use the drawdown chart below to compare losses from any high point for FGDKX and JGVVX. For additional features, visit the drawdowns tool.
Volatility
FGDKX vs. JGVVX - Volatility Comparison
Fidelity Growth Discovery Fund Class K (FGDKX) and JPMorgan Growth Advantage Fund (JGVVX) have volatilities of 5.07% and 5.22%, 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.