FGIKX vs. FVWSX

Last updated Jun 4, 2026

FGIKX (Fidelity Growth & Income Portfolio Class K) and FVWSX (Fidelity Series Opportunistic Insights Fund) are both mutual funds - FGIKX is a Large Cap Value Equities fund managed by Fidelity, while FVWSX is a Large Cap Growth Equities fund managed by Fidelity. Over the past 10 years, FGIKX returned 13.95%/yr vs 17.75%/yr for FVWSX. Their correlation of 0.81 suggests significant overlap in exposure. FGIKX charges 0.49%/yr vs 0.00%/yr for FVWSX.

Performance

FGIKX vs. FVWSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Growth & Income Portfolio Class K (FGIKX) and Fidelity Series Opportunistic Insights Fund (FVWSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FGIKX achieves a 7.66% return, which is significantly lower than FVWSX's 9.61% return. Over the past 10 years, FGIKX has underperformed FVWSX with an annualized return of 13.95%, while FVWSX has yielded a comparatively higher 17.75% annualized return.

FGIKX

• 1D: -0.01%
• 1M: 2.59%
• YTD: 7.66%
• 6M: 6.97%
• 1Y: 20.94%
• 3Y*: 19.20%
• 5Y*: 12.68%
• 10Y*: 13.95%

FVWSX

• 1D: 0.14%
• 1M: 3.87%
• YTD: 9.61%
• 6M: 11.67%
• 1Y: 26.73%
• 3Y*: 28.31%
• 5Y*: 15.55%
• 10Y*: 17.75%

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

FGIKX vs. FVWSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FGIKX Fidelity Growth & Income Portfolio Class K	7.66%	19.16%	19.57%	18.75%	-4.88%	25.95%	8.09%	30.39%	-8.88%	17.03%
FVWSX Fidelity Series Opportunistic Insights Fund	9.61%	22.69%	36.47%	33.21%	-25.74%	24.95%	31.17%	30.57%	-2.07%	33.19%

Correlation

The correlation between FGIKX and FVWSX is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.79
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (10Y) Calculated over the trailing 10-year period	0.79
Correlation (All Time) Calculated using the full available price history since Dec 12, 2012	0.81

The correlation between FGIKX and FVWSX has been stable across timeframes, ranging from 0.79 to 0.84 - a consistent structural relationship.

Return for Risk

FGIKX vs. FVWSX — Risk / Return Rank

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

FGIKX

FGIKX Risk / Return Rank: 47
FGIKX Sharpe Ratio Rank: 46
FGIKX Sortino Ratio Rank: 43
FGIKX Omega Ratio Rank: 45
FGIKX Calmar Ratio Rank: 47
FGIKX Martin Ratio Rank: 53

FVWSX

FVWSX Risk / Return Rank: 46
FVWSX Sharpe Ratio Rank: 44
FVWSX Sortino Ratio Rank: 40
FVWSX Omega Ratio Rank: 41
FVWSX Calmar Ratio Rank: 46
FVWSX Martin Ratio Rank: 57

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.

FGIKX vs. FVWSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth & Income Portfolio Class K (FGIKX) and Fidelity Series Opportunistic Insights Fund (FVWSX). 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.

	FGIKX	FVWSX	Difference
Sharpe ratio: Return per unit of total volatility	1.99	1.92	+0.07
Sortino ratio: Return per unit of downside risk	2.76	2.65	+0.11
Omega ratio: Gain probability vs. loss probability	1.37	1.34	+0.02
Calmar ratio: Return relative to maximum drawdown	2.61	2.59	+0.02
Martin ratio: Return relative to average drawdown	10.77	11.49	-0.72
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FGIKX vs. FVWSX - Sharpe Ratio Comparison

The current FGIKX Sharpe Ratio is 1.99, which is comparable to the FVWSX Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of FGIKX and FVWSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FGIKX	FVWSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.99	1.92	+0.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.82	0.83	-0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.80	0.92	-0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.94	-0.50

Drawdowns

FGIKX vs. FVWSX - Drawdown Comparison

The maximum FGIKX drawdown since its inception was -62.07%, which is greater than FVWSX's maximum drawdown of -31.69%. Use the drawdown chart below to compare losses from any high point for FGIKX and FVWSX.

Drawdown Indicators

	FGIKX	FVWSX	Difference
Max Drawdown Largest peak-to-trough decline	-62.07%	-31.69%	-30.38%
Max Drawdown (1Y) Largest decline over 1 year	-8.33%	-10.52%	+2.19%
Max Drawdown (3Y) Largest decline over 3 years	-17.20%	-20.23%	+3.03%
Max Drawdown (5Y) Largest decline over 5 years	-19.20%	-31.69%	+12.49%
Max Drawdown (10Y) Largest decline over 10 years	-35.61%	-31.69%	-3.92%
Current Drawdown Current decline from peak	-0.01%	-0.29%	+0.28%
Average Drawdown Average peak-to-trough decline	-10.65%	-5.28%	-5.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.01%	2.37%	-0.36%

Volatility

FGIKX vs. FVWSX - Volatility Comparison

The current volatility for Fidelity Growth & Income Portfolio Class K (FGIKX) is 2.38%, while Fidelity Series Opportunistic Insights Fund (FVWSX) has a volatility of 3.72%. This indicates that FGIKX experiences smaller price fluctuations and is considered to be less risky than FVWSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FGIKX	FVWSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.38%	3.72%	-1.34%
Volatility (6M) Calculated over the trailing 6-month period	8.33%	10.77%	-2.44%
Volatility (1Y) Calculated over the trailing 1-year period	10.92%	14.21%	-3.29%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.57%	18.79%	-3.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.49%	19.39%	-1.90%

FGIKX vs. FVWSX - Expense Ratio Comparison

FGIKX has a 0.49% expense ratio, which is higher than FVWSX's 0.00% expense ratio.

Dividends

FGIKX vs. FVWSX - Dividend Comparison

FGIKX's dividend yield for the trailing twelve months is around 7.21%, less than FVWSX's 14.90% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FGIKX Fidelity Growth & Income Portfolio Class K	7.21%	7.74%	4.66%	4.03%	3.52%	6.11%	3.71%	2.94%	3.51%	1.63%	1.92%	2.23%
FVWSX Fidelity Series Opportunistic Insights Fund	14.90%	16.24%	6.57%	1.02%	8.29%	21.40%	16.45%	9.19%	12.34%	12.74%	2.63%	7.00%

Frequently Asked Questions

Can I hold both FGIKX and FVWSX in my portfolio?

FGIKX and FVWSX have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FGIKX or FVWSX?

FVWSX has higher volatility (3.72%) compared to FGIKX (2.38%). In terms of maximum drawdown, FGIKX dropped -62.07% vs FVWSX's -31.69%.

Which has better risk-adjusted returns?

FGIKX currently has the higher Sharpe Ratio (1.99 vs 1.92), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.