Correlation
The correlation between FGDKX and VIGIX 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.
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.
Performance
FGDKX vs. VIGIX - Performance Comparison
Loading data...
Key characteristics
FGDKX:
0.53
VIGIX:
0.75
FGDKX:
0.78
VIGIX:
1.11
FGDKX:
1.11
VIGIX:
1.16
FGDKX:
0.44
VIGIX:
0.76
FGDKX:
1.51
VIGIX:
2.59
FGDKX:
6.86%
VIGIX:
6.78%
FGDKX:
23.34%
VIGIX:
25.68%
FGDKX:
-55.39%
VIGIX:
-56.80%
FGDKX:
-4.61%
VIGIX:
-2.52%
Returns By Period
In the year-to-date period, FGDKX achieves a 0.71% return, which is significantly lower than VIGIX's 1.57% return. Both investments have delivered pretty close results over the past 10 years, with FGDKX having a 15.91% annualized return and VIGIX not far behind at 15.41%.
FGDKX
0.71%
6.27%
-1.55%
12.20%
18.01%
16.77%
15.91%
VIGIX
1.57%
6.86%
1.09%
19.20%
20.34%
16.78%
15.41%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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.
Loading data...
Dividends
FGDKX vs. VIGIX - Dividend Comparison
FGDKX's dividend yield for the trailing twelve months is around 12.73%, more than VIGIX's 0.47% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGDKX Fidelity Growth Discovery Fund Class K | 12.73% | 12.82% | 2.63% | 3.69% | 13.53% | 9.77% | 4.37% | 5.13% | 5.05% | 0.15% | 0.28% | 0.28% |
VIGIX Vanguard Growth Index Fund Institutional Shares | 0.47% | 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 -56.80%. Use the drawdown chart below to compare losses from any high point for FGDKX and VIGIX.
Loading data...
Volatility
FGDKX vs. VIGIX - Volatility Comparison
Fidelity Growth Discovery Fund Class K (FGDKX) and Vanguard Growth Index Fund Institutional Shares (VIGIX) have volatilities of 5.62% and 5.70%, 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.
Loading data...