FGKFX vs. PCLIX

Last updated Aug 4, 2026

FGKFX (Fidelity Growth Company K6 Fund) and PCLIX (PIMCO CommoditiesPLUS Strategy Fund) are both mutual funds - FGKFX is a Large Cap Growth Equities fund actively managed by Fidelity, while PCLIX is a Commodities fund managed by PIMCO. Over the past 5 years, FGKFX returned 14.81%/yr vs 15.45%/yr for PCLIX. Their 0.15 correlation means their historical movements had little consistent relationship. FGKFX charges 0.45%/yr vs 0.98%/yr for PCLIX.

Performance

FGKFX vs. PCLIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Growth Company K6 Fund (FGKFX) and PIMCO CommoditiesPLUS Strategy Fund (PCLIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FGKFX achieves a 16.95% return, which is significantly lower than PCLIX's 34.47% return.

FGKFX

• 1D: 0.89%
• 1M: -3.57%
• 6M: 12.65%
• YTD: 16.95%
• 1Y: 31.84%
• 3Y*: 26.93%
• 5Y*: 14.81%
• 10Y*: —
• ALL TIME*: 23.46%

PCLIX

• 1D: 0.12%
• 1M: 9.99%
• 6M: 30.10%
• YTD: 34.47%
• 1Y: 39.18%
• 3Y*: 13.98%
• 5Y*: 15.45%
• 10Y*: 12.84%
• ALL TIME*: 5.77%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FGKFX Fidelity Growth Company K6 Fund	$0.00	$0.00	$0.00
PCLIX PIMCO CommoditiesPLUS Strategy Fund	$0.00	$0.00	$0.00

FGKFX vs. PCLIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
FGKFX Fidelity Growth Company K6 Fund	16.95%	21.67%	35.46%	46.02%	-32.62%	22.06%	68.76%	15.07%
PCLIX PIMCO CommoditiesPLUS Strategy Fund	34.47%	5.76%	8.53%	0.69%	23.32%	43.83%	-9.18%	11.01%

Correlation

The correlation between FGKFX and PCLIX is -0.10, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.10
Correlation (3Y) Balances recent behavior with more history.	0.04
Correlation (5Y) Shows whether the relationship held over a longer period.	0.10
Correlation (All Time) Calculated using the full available price history since Jun 13, 2019	0.15

The correlation between FGKFX and PCLIX shifts across timeframes, from -0.10 (1 year) to 0.15 (all time), reflecting how their relationship changes across market environments.

Return for Risk

FGKFX vs. PCLIX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FGKFX

FGKFX Risk / Return Rank: 54
FGKFX Sharpe Ratio Rank: 46
FGKFX Sortino Ratio Rank: 41
FGKFX Omega Ratio Rank: 41
FGKFX Calmar Ratio Rank: 75
FGKFX Martin Ratio Rank: 64

PCLIX

PCLIX Risk / Return Rank: 70
PCLIX Sharpe Ratio Rank: 78
PCLIX Sortino Ratio Rank: 71
PCLIX Omega Ratio Rank: 71
PCLIX Calmar Ratio Rank: 72
PCLIX Martin Ratio Rank: 59

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FGKFX vs. PCLIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Company K6 Fund (FGKFX) and PIMCO CommoditiesPLUS Strategy Fund (PCLIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FGKFX	PCLIX	Difference
Sharpe ratio: Return per unit of total volatility	1.39	1.89	-0.50
Sortino ratio: Return per unit of downside risk	1.90	2.50	-0.60
Omega ratio: Gain probability vs. loss probability	1.24	1.32	-0.08
Calmar ratio: Return relative to maximum drawdown	2.55	2.45	+0.10
Martin ratio: Return relative to average drawdown	8.66	8.24	+0.42

FGKFX vs. PCLIX - Sharpe Ratio Comparison

The current FGKFX Sharpe Ratio is 1.39, which is comparable to the PCLIX Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of FGKFX and PCLIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FGKFX vs. PCLIX - Drawdown Comparison

The maximum FGKFX drawdown since its inception was -40.14%, smaller than the maximum PCLIX drawdown of -66.60%. Use the drawdown chart below to compare losses from any high point for FGKFX and PCLIX.

Drawdown Indicators

	FGKFX	PCLIX	Difference
Max Drawdown Largest peak-to-trough decline	-40.14%	-66.60%	+26.46%
Max Drawdown (1Y) Largest decline over 1 year	-11.40%	-15.39%	+3.99%
Max Drawdown (3Y) Largest decline over 3 years	-27.38%	-15.39%	-11.99%
Max Drawdown (5Y) Largest decline over 5 years	-40.14%	-21.59%	-18.55%
Max Drawdown (10Y) Largest decline over 10 years	—	-51.78%	—
Current Drawdown Current decline from peak	-6.38%	-6.33%	-0.05%
Average Drawdown Average peak-to-trough decline	-9.87%	-24.00%	+14.13%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.34%	4.61%	-1.27%

Volatility

FGKFX vs. PCLIX - Volatility Comparison

Fidelity Growth Company K6 Fund (FGKFX) has a higher volatility of 6.49% compared to PIMCO CommoditiesPLUS Strategy Fund (PCLIX) at 5.97%. This indicates that FGKFX's price experiences larger fluctuations and is considered to be riskier than PCLIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FGKFX	PCLIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.49%	5.97%	+0.52%
Volatility (6M) Calculated over the trailing 6-month period	16.20%	17.86%	-1.66%
Volatility (1Y) Calculated over the trailing 1-year period	20.90%	19.99%	+0.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.48%	19.47%	+5.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.75%	40.51%	-14.76%

FGKFX vs. PCLIX - Expense Ratio Comparison

FGKFX has a 0.45% expense ratio, which is lower than PCLIX's 0.98% expense ratio.

Dividends

FGKFX vs. PCLIX - Dividend Comparison

FGKFX has not paid dividends to shareholders, while PCLIX's dividend yield for the trailing twelve months is around 10.36%.

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%
PCLIX PIMCO CommoditiesPLUS Strategy Fund	10.36%	2.45%	7.50%	5.06%	42.60%	73.41%	0.77%	2.46%	18.58%	12.63%	0.16%	2.22%

Frequently Asked Questions

Can I hold both FGKFX and PCLIX in my portfolio?

FGKFX and PCLIX have a correlation of -0.10, 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 PCLIX?

FGKFX has higher volatility (6.49%) compared to PCLIX (5.97%). In terms of maximum drawdown, FGKFX dropped -40.14% vs PCLIX's -66.60%.

Which has better risk-adjusted returns?

PCLIX currently has the higher Sharpe Ratio (1.89 vs 1.39), 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.