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FGRTX vs. FSMDX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FGRTX and FSMDX is 0.89, 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.


-0.50.00.51.0
Correlation: 0.9

Performance

FGRTX vs. FSMDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Mega Cap Stock Fund (FGRTX) and Fidelity Mid Cap Index Fund (FSMDX). The values are adjusted to include any dividend payments, if applicable.

260.00%280.00%300.00%320.00%340.00%360.00%NovemberDecember2025FebruaryMarchApril
263.95%
323.41%
FGRTX
FSMDX

Key characteristics

Sharpe Ratio

FGRTX:

0.70

FSMDX:

0.27

Sortino Ratio

FGRTX:

1.02

FSMDX:

0.47

Omega Ratio

FGRTX:

1.13

FSMDX:

1.06

Calmar Ratio

FGRTX:

1.00

FSMDX:

0.28

Martin Ratio

FGRTX:

3.20

FSMDX:

0.84

Ulcer Index

FGRTX:

2.97%

FSMDX:

4.60%

Daily Std Dev

FGRTX:

13.65%

FSMDX:

14.33%

Max Drawdown

FGRTX:

-57.06%

FSMDX:

-40.35%

Current Drawdown

FGRTX:

-7.22%

FSMDX:

-9.83%

Returns By Period

In the year-to-date period, FGRTX achieves a -1.33% return, which is significantly higher than FSMDX's -1.84% return. Over the past 10 years, FGRTX has underperformed FSMDX with an annualized return of 6.38%, while FSMDX has yielded a comparatively higher 7.79% annualized return.


FGRTX

YTD

-1.33%

1M

-2.35%

6M

1.23%

1Y

10.04%

5Y*

19.12%

10Y*

6.38%

FSMDX

YTD

-1.84%

1M

-1.54%

6M

-1.66%

1Y

4.93%

5Y*

17.03%

10Y*

7.79%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FGRTX vs. FSMDX - Expense Ratio Comparison

FGRTX has a 0.61% expense ratio, which is higher than FSMDX's 0.03% expense ratio.


FGRTX
Fidelity Mega Cap Stock Fund
Expense ratio chart for FGRTX: current value is 0.61%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FGRTX: 0.61%
Expense ratio chart for FSMDX: current value is 0.03%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FSMDX: 0.03%

Risk-Adjusted Performance

FGRTX vs. FSMDX — Risk-Adjusted Performance Rank

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

FGRTX
The Risk-Adjusted Performance Rank of FGRTX is 7373
Overall Rank
The Sharpe Ratio Rank of FGRTX is 6969
Sharpe Ratio Rank
The Sortino Ratio Rank of FGRTX is 6868
Sortino Ratio Rank
The Omega Ratio Rank of FGRTX is 7070
Omega Ratio Rank
The Calmar Ratio Rank of FGRTX is 8484
Calmar Ratio Rank
The Martin Ratio Rank of FGRTX is 7676
Martin Ratio Rank

FSMDX
The Risk-Adjusted Performance Rank of FSMDX is 4545
Overall Rank
The Sharpe Ratio Rank of FSMDX is 4343
Sharpe Ratio Rank
The Sortino Ratio Rank of FSMDX is 4545
Sortino Ratio Rank
The Omega Ratio Rank of FSMDX is 4343
Omega Ratio Rank
The Calmar Ratio Rank of FSMDX is 5252
Calmar Ratio Rank
The Martin Ratio Rank of FSMDX is 4343
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

FGRTX vs. FSMDX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Mega Cap Stock Fund (FGRTX) and Fidelity Mid Cap Index Fund (FSMDX). 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.


Sharpe ratio
The chart of Sharpe ratio for FGRTX, currently valued at 0.70, compared to the broader market-1.000.001.002.003.004.00
FGRTX: 0.70
FSMDX: 0.27
The chart of Sortino ratio for FGRTX, currently valued at 1.02, compared to the broader market0.002.004.006.008.00
FGRTX: 1.02
FSMDX: 0.47
The chart of Omega ratio for FGRTX, currently valued at 1.13, compared to the broader market0.501.001.502.002.503.003.50
FGRTX: 1.13
FSMDX: 1.06
The chart of Calmar ratio for FGRTX, currently valued at 1.00, compared to the broader market0.002.004.006.008.0010.0012.00
FGRTX: 1.00
FSMDX: 0.28
The chart of Martin ratio for FGRTX, currently valued at 3.20, compared to the broader market0.0020.0040.0060.00
FGRTX: 3.20
FSMDX: 0.84

The current FGRTX Sharpe Ratio is 0.70, which is higher than the FSMDX Sharpe Ratio of 0.27. The chart below compares the historical Sharpe Ratios of FGRTX and FSMDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.70
0.27
FGRTX
FSMDX

Dividends

FGRTX vs. FSMDX - Dividend Comparison

FGRTX's dividend yield for the trailing twelve months is around 1.05%, less than FSMDX's 1.19% yield.


TTM20242023202220212020201920182017201620152014
FGRTX
Fidelity Mega Cap Stock Fund
1.05%1.04%1.06%1.34%1.76%2.87%2.01%2.22%1.57%1.48%4.07%5.39%
FSMDX
Fidelity Mid Cap Index Fund
1.19%1.17%1.39%1.59%1.10%1.37%1.42%1.85%1.32%1.35%2.29%3.82%

Drawdowns

FGRTX vs. FSMDX - Drawdown Comparison

The maximum FGRTX drawdown since its inception was -57.06%, which is greater than FSMDX's maximum drawdown of -40.35%. Use the drawdown chart below to compare losses from any high point for FGRTX and FSMDX. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-7.22%
-9.83%
FGRTX
FSMDX

Volatility

FGRTX vs. FSMDX - Volatility Comparison

Fidelity Mega Cap Stock Fund (FGRTX) and Fidelity Mid Cap Index Fund (FSMDX) have volatilities of 5.89% and 6.02%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%NovemberDecember2025FebruaryMarchApril
5.89%
6.02%
FGRTX
FSMDX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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