FGDKX vs. VIGIX
Compare and contrast key facts about Fidelity Growth Discovery Fund Class K (FGDKX) and Vanguard Growth Index Fund Institutional Shares (VIGIX).
FGDKX is managed by Fidelity. It was launched on May 9, 2008. VIGIX is managed by Vanguard. It was launched on May 14, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FGDKX or VIGIX.
Correlation
The correlation between FGDKX and VIGIX 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. VIGIX - Performance Comparison
Key characteristics
FGDKX:
0.35
VIGIX:
1.57
FGDKX:
0.56
VIGIX:
2.10
FGDKX:
1.08
VIGIX:
1.29
FGDKX:
0.41
VIGIX:
2.17
FGDKX:
0.94
VIGIX:
8.21
FGDKX:
7.06%
VIGIX:
3.42%
FGDKX:
18.89%
VIGIX:
17.87%
FGDKX:
-55.39%
VIGIX:
-57.17%
FGDKX:
-7.04%
VIGIX:
0.00%
Returns By Period
In the year-to-date period, FGDKX achieves a 3.87% return, which is significantly lower than VIGIX's 4.19% return. Over the past 10 years, FGDKX has underperformed VIGIX with an annualized return of 10.19%, while VIGIX has yielded a comparatively higher 15.73% annualized return.
FGDKX
3.87%
1.41%
5.16%
8.47%
8.57%
10.19%
VIGIX
4.19%
2.82%
13.04%
30.33%
17.57%
15.73%
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FGDKX vs. VIGIX - Expense Ratio Comparison
FGDKX has a 0.68% expense ratio, which is higher than VIGIX's 0.04% expense ratio.
Risk-Adjusted Performance
FGDKX vs. VIGIX — Risk-Adjusted Performance Rank
FGDKX
VIGIX
FGDKX vs. VIGIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Discovery Fund Class K (FGDKX) and Vanguard Growth Index Fund Institutional Shares (VIGIX). 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. VIGIX - Dividend Comparison
FGDKX has not paid dividends to shareholders, while VIGIX's dividend yield for the trailing twelve months is around 0.45%.
| 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% |
VIGIX Vanguard Growth Index Fund Institutional Shares | 0.45% | 0.47% | 0.58% | 0.70% | 0.48% | 0.66% | 0.95% | 1.32% | 1.15% | 1.40% | 1.31% | 1.22% |
Drawdowns
FGDKX vs. VIGIX - Drawdown Comparison
The maximum FGDKX drawdown since its inception was -55.39%, roughly equal to the maximum VIGIX drawdown of -57.17%. Use the drawdown chart below to compare losses from any high point for FGDKX and VIGIX. For additional features, visit the drawdowns tool.
Volatility
FGDKX vs. VIGIX - Volatility Comparison
Fidelity Growth Discovery Fund Class K (FGDKX) has a higher volatility of 5.24% compared to Vanguard Growth Index Fund Institutional Shares (VIGIX) at 4.86%. This indicates that FGDKX's price experiences larger fluctuations and is considered to be riskier than VIGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.