FGKFX vs. EISMX

Last updated Jun 5, 2026

FGKFX (Fidelity Growth Company K6 Fund) and EISMX (Eaton Vance Atlanta Capital SMID-Cap Fund) are both mutual funds - FGKFX is a Large Cap Growth Equities fund managed by Fidelity, while EISMX is a Mid Cap Growth Equities fund managed by Eaton Vance. Over the past 5 years, FGKFX returned 17.78%/yr vs 3.52%/yr for EISMX. A 0.63 correlation means they provide meaningful diversification when combined. FGKFX charges 0.45%/yr vs 0.88%/yr for EISMX.

Performance

FGKFX vs. EISMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Growth Company K6 Fund (FGKFX) and Eaton Vance Atlanta Capital SMID-Cap Fund (EISMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FGKFX achieves a 24.57% return, which is significantly higher than EISMX's -3.07% return.

FGKFX

• 1D: -0.09%
• 1M: 7.66%
• YTD: 24.57%
• 6M: 20.97%
• 1Y: 51.36%
• 3Y*: 32.80%
• 5Y*: 17.78%
• 10Y*: —

EISMX

• 1D: -1.13%
• 1M: -0.75%
• YTD: -3.07%
• 6M: -3.49%
• 1Y: -5.55%
• 3Y*: 6.80%
• 5Y*: 3.52%
• 10Y*: 9.51%

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

FGKFX vs. EISMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FGKFX Fidelity Growth Company K6 Fund	24.57%	21.67%	35.46%	46.02%	-32.62%	22.06%	68.76%	15.07%
EISMX Eaton Vance Atlanta Capital SMID-Cap Fund	-3.07%	-5.66%	17.64%	14.01%	-8.77%	22.02%	11.31%	7.90%

Correlation

The correlation between FGKFX and EISMX is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.35
Correlation (3Y) Calculated over the trailing 3-year period	0.48
Correlation (5Y) Calculated over the trailing 5-year period	0.63
Correlation (All Time) Calculated using the full available price history since Jun 14, 2019	0.63

Over the past year, the correlation between FGKFX and EISMX has dropped to 0.35 - well below their long-term average of 0.63, suggesting their price drivers have been diverging.

Return for Risk

FGKFX vs. EISMX — Risk / Return Rank

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

FGKFX

FGKFX Risk / Return Rank: 81
FGKFX Sharpe Ratio Rank: 86
FGKFX Sortino Ratio Rank: 69
FGKFX Omega Ratio Rank: 70
FGKFX Calmar Ratio Rank: 90
FGKFX Martin Ratio Rank: 91

EISMX

EISMX Risk / Return Rank: 1
EISMX Sharpe Ratio Rank: 1
EISMX Sortino Ratio Rank: 1
EISMX Omega Ratio Rank: 1
EISMX Calmar Ratio Rank: 1
EISMX Martin Ratio Rank: 1

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.

FGKFX vs. EISMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Company K6 Fund (FGKFX) and Eaton Vance Atlanta Capital SMID-Cap Fund (EISMX). 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.

	FGKFX	EISMX	Difference
Sharpe ratio: Return per unit of total volatility	2.84	-0.37	+3.21
Sortino ratio: Return per unit of downside risk	3.49	-0.44	+3.93
Omega ratio: Gain probability vs. loss probability	1.47	0.95	+0.52
Calmar ratio: Return relative to maximum drawdown	4.63	-0.38	+5.01
Martin ratio: Return relative to average drawdown	18.56	-0.75	+19.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FGKFX vs. EISMX - Sharpe Ratio Comparison

The current FGKFX Sharpe Ratio is 2.84, which is higher than the EISMX Sharpe Ratio of -0.37. The chart below compares the historical Sharpe Ratios of FGKFX and EISMX, 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

	FGKFX	EISMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.84	-0.37	+3.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	0.21	+0.53
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.51	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.98	0.53	+0.46

Drawdowns

FGKFX vs. EISMX - Drawdown Comparison

The maximum FGKFX drawdown since its inception was -40.14%, smaller than the maximum EISMX drawdown of -45.32%. Use the drawdown chart below to compare losses from any high point for FGKFX and EISMX.

Drawdown Indicators

	FGKFX	EISMX	Difference
Max Drawdown Largest peak-to-trough decline	-40.14%	-45.32%	+5.18%
Max Drawdown (1Y) Largest decline over 1 year	-11.40%	-14.66%	+3.26%
Max Drawdown (3Y) Largest decline over 3 years	-27.38%	-19.39%	-7.99%
Max Drawdown (5Y) Largest decline over 5 years	-40.14%	-19.81%	-20.33%
Max Drawdown (10Y) Largest decline over 10 years	—	-39.95%	—
Current Drawdown Current decline from peak	-0.09%	-13.83%	+13.74%
Average Drawdown Average peak-to-trough decline	-10.01%	-5.83%	-4.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.83%	7.47%	-4.64%

Volatility

FGKFX vs. EISMX - Volatility Comparison

Fidelity Growth Company K6 Fund (FGKFX) has a higher volatility of 4.49% compared to Eaton Vance Atlanta Capital SMID-Cap Fund (EISMX) at 3.94%. This indicates that FGKFX's price experiences larger fluctuations and is considered to be riskier than EISMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FGKFX	EISMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.49%	3.94%	+0.55%
Volatility (6M) Calculated over the trailing 6-month period	14.29%	11.15%	+3.14%
Volatility (1Y) Calculated over the trailing 1-year period	18.59%	15.34%	+3.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.13%	17.12%	+7.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.74%	18.86%	+6.88%

FGKFX vs. EISMX - Expense Ratio Comparison

FGKFX has a 0.45% expense ratio, which is lower than EISMX's 0.88% expense ratio.

Dividends

FGKFX vs. EISMX - Dividend Comparison

FGKFX has not paid dividends to shareholders, while EISMX's dividend yield for the trailing twelve months is around 6.63%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
EISMX Eaton Vance Atlanta Capital SMID-Cap Fund	6.63%	6.43%	7.26%	2.78%	10.37%	10.49%	9.80%	6.52%	7.20%	3.30%	3.58%	6.70%
FGKFX Fidelity Growth Company K6 Fund	0.00%	0.00%	0.00%	0.10%	0.18%	2.64%	0.93%	0.06%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FGKFX and EISMX in my portfolio?

FGKFX and EISMX have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FGKFX or EISMX?

FGKFX has higher volatility (4.49%) compared to EISMX (3.94%). In terms of maximum drawdown, FGKFX dropped -40.14% vs EISMX's -45.32%.

Which has better risk-adjusted returns?

FGKFX currently has the higher Sharpe Ratio (2.84 vs -0.37), 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.