VFORX vs. FGKFX
Compare and contrast key facts about Vanguard Target Retirement 2040 Fund (VFORX) and Fidelity Growth Company K6 Fund (FGKFX).
VFORX is managed by Vanguard. It was launched on Jun 7, 2006. FGKFX is managed by Fidelity. It was launched on Jun 13, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VFORX or FGKFX.
Key characteristics
| VFORX | FGKFX | |
|---|---|---|
| YTD Return | 14.20% | 36.17% |
| 1Y Return | 24.79% | 51.34% |
| 3Y Return (Ann) | 3.75% | 8.16% |
| 5Y Return (Ann) | 9.07% | 24.55% |
| Sharpe Ratio | 2.53 | 2.72 |
| Sortino Ratio | 3.58 | 3.47 |
| Omega Ratio | 1.48 | 1.48 |
| Calmar Ratio | 2.22 | 2.91 |
| Martin Ratio | 16.04 | 14.63 |
| Ulcer Index | 1.55% | 3.60% |
| Daily Std Dev | 9.85% | 19.35% |
| Max Drawdown | -51.63% | -40.14% |
| Current Drawdown | -0.42% | 0.00% |
Correlation
The correlation between VFORX and FGKFX is 0.86, 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.
Performance
VFORX vs. FGKFX - Performance Comparison
In the year-to-date period, VFORX achieves a 14.20% return, which is significantly lower than FGKFX's 36.17% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VFORX vs. FGKFX - Expense Ratio Comparison
VFORX has a 0.08% expense ratio, which is lower than FGKFX's 0.45% expense ratio.
Risk-Adjusted Performance
VFORX vs. FGKFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Target Retirement 2040 Fund (VFORX) and Fidelity Growth Company K6 Fund (FGKFX). 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.
Dividends
VFORX vs. FGKFX - Dividend Comparison
VFORX's dividend yield for the trailing twelve months is around 2.08%, more than FGKFX's 0.07% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VFORX Vanguard Target Retirement 2040 Fund | 2.08% | 2.38% | 2.10% | 2.39% | 1.62% | 2.28% | 2.41% | 1.91% | 1.98% | 2.16% | 1.93% | 1.77% |
FGKFX Fidelity Growth Company K6 Fund | 0.07% | 0.10% | 0.18% | 2.64% | 0.93% | 0.06% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
VFORX vs. FGKFX - Drawdown Comparison
The maximum VFORX drawdown since its inception was -51.63%, which is greater than FGKFX's maximum drawdown of -40.14%. Use the drawdown chart below to compare losses from any high point for VFORX and FGKFX. For additional features, visit the drawdowns tool.
Volatility
VFORX vs. FGKFX - Volatility Comparison
The current volatility for Vanguard Target Retirement 2040 Fund (VFORX) is 2.37%, while Fidelity Growth Company K6 Fund (FGKFX) has a volatility of 5.11%. This indicates that VFORX experiences smaller price fluctuations and is considered to be less risky than FGKFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.