FGKFX vs. GCGIX

Last updated Jun 4, 2026

FGKFX (Fidelity Growth Company K6 Fund) and GCGIX (Goldman Sachs Large Cap Growth Insights Fund) are both Large Cap Growth Equities funds. Over the past 5 years, FGKFX returned 18.14%/yr vs 16.85%/yr for GCGIX. Their correlation of 0.95 suggests significant overlap in exposure. FGKFX charges 0.45%/yr vs 0.54%/yr for GCGIX.

Performance

FGKFX vs. GCGIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Growth Company K6 Fund (FGKFX) and Goldman Sachs Large Cap Growth Insights Fund (GCGIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FGKFX achieves a 24.68% return, which is significantly higher than GCGIX's 6.18% return.

FGKFX

• 1D: 0.15%
• 1M: 8.90%
• YTD: 24.68%
• 6M: 21.97%
• 1Y: 52.34%
• 3Y*: 32.84%
• 5Y*: 18.14%
• 10Y*: —

GCGIX

• 1D: -0.31%
• 1M: 6.79%
• YTD: 6.18%
• 6M: 5.96%
• 1Y: 23.70%
• 3Y*: 28.63%
• 5Y*: 16.85%
• 10Y*: 18.09%

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

FGKFX vs. GCGIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FGKFX Fidelity Growth Company K6 Fund	24.68%	21.67%	35.46%	46.02%	-32.62%	22.06%	68.76%	15.07%
GCGIX Goldman Sachs Large Cap Growth Insights Fund	6.18%	15.51%	53.44%	37.56%	-29.62%	29.10%	32.21%	11.19%

Correlation

The correlation between FGKFX and GCGIX is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.92
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (All Time) Calculated using the full available price history since Jun 14, 2019	0.95

The correlation between FGKFX and GCGIX has been stable across timeframes, ranging from 0.92 to 0.95 - a consistent structural relationship.

Return for Risk

FGKFX vs. GCGIX — Risk / Return Rank

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

FGKFX

FGKFX Risk / Return Rank: 84
FGKFX Sharpe Ratio Rank: 89
FGKFX Sortino Ratio Rank: 74
FGKFX Omega Ratio Rank: 73
FGKFX Calmar Ratio Rank: 91
FGKFX Martin Ratio Rank: 92

GCGIX

GCGIX Risk / Return Rank: 24
GCGIX Sharpe Ratio Rank: 31
GCGIX Sortino Ratio Rank: 27
GCGIX Omega Ratio Rank: 29
GCGIX Calmar Ratio Rank: 16
GCGIX Martin Ratio Rank: 17

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. GCGIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Company K6 Fund (FGKFX) and Goldman Sachs Large Cap Growth Insights Fund (GCGIX). 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	GCGIX	Difference
Sharpe ratio: Return per unit of total volatility	2.93	1.59	+1.35
Sortino ratio: Return per unit of downside risk	3.58	2.17	+1.41
Omega ratio: Gain probability vs. loss probability	1.48	1.28	+0.20
Calmar ratio: Return relative to maximum drawdown	4.78	1.44	+3.34
Martin ratio: Return relative to average drawdown	19.19	4.71	+14.48
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. GCGIX - Sharpe Ratio Comparison

The current FGKFX Sharpe Ratio is 2.93, which is higher than the GCGIX Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of FGKFX and GCGIX, 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	GCGIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.93	1.59	+1.35
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.76	0.76	-0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.84	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.98	0.46	+0.52

Drawdowns

FGKFX vs. GCGIX - Drawdown Comparison

The maximum FGKFX drawdown since its inception was -40.14%, smaller than the maximum GCGIX drawdown of -65.78%. Use the drawdown chart below to compare losses from any high point for FGKFX and GCGIX.

Drawdown Indicators

	FGKFX	GCGIX	Difference
Max Drawdown Largest peak-to-trough decline	-40.14%	-65.78%	+25.64%
Max Drawdown (1Y) Largest decline over 1 year	-11.40%	-17.25%	+5.85%
Max Drawdown (3Y) Largest decline over 3 years	-27.38%	-25.10%	-2.28%
Max Drawdown (5Y) Largest decline over 5 years	-40.14%	-32.57%	-7.57%
Max Drawdown (10Y) Largest decline over 10 years	—	-32.94%	—
Current Drawdown Current decline from peak	0.00%	-0.31%	+0.31%
Average Drawdown Average peak-to-trough decline	-10.02%	-20.82%	+10.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.83%	5.25%	-2.42%

Volatility

FGKFX vs. GCGIX - Volatility Comparison

Fidelity Growth Company K6 Fund (FGKFX) has a higher volatility of 4.46% compared to Goldman Sachs Large Cap Growth Insights Fund (GCGIX) at 3.25%. This indicates that FGKFX's price experiences larger fluctuations and is considered to be riskier than GCGIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FGKFX	GCGIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.46%	3.25%	+1.21%
Volatility (6M) Calculated over the trailing 6-month period	14.29%	11.81%	+2.48%
Volatility (1Y) Calculated over the trailing 1-year period	18.60%	15.66%	+2.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.14%	22.23%	+1.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.74%	21.55%	+4.19%

FGKFX vs. GCGIX - Expense Ratio Comparison

FGKFX has a 0.45% expense ratio, which is lower than GCGIX's 0.54% expense ratio.

Dividends

FGKFX vs. GCGIX - Dividend Comparison

FGKFX has not paid dividends to shareholders, while GCGIX's dividend yield for the trailing twelve months is around 7.06%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
GCGIX Goldman Sachs Large Cap Growth Insights Fund	7.06%	7.50%	23.16%	7.08%	19.27%	42.43%	9.71%	4.02%	10.10%	4.76%	0.76%	0.87%

Frequently Asked Questions

Can I hold both FGKFX and GCGIX in my portfolio?

With a correlation of 0.93, FGKFX and GCGIX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, FGKFX or GCGIX?

FGKFX has higher volatility (4.46%) compared to GCGIX (3.25%). In terms of maximum drawdown, FGKFX dropped -40.14% vs GCGIX's -65.78%.

Which has better risk-adjusted returns?

FGKFX currently has the higher Sharpe Ratio (2.93 vs 1.59), 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.