FGRTX vs. FXAIX
Compare and contrast key facts about Fidelity Mega Cap Stock Fund (FGRTX) and Fidelity 500 Index Fund (FXAIX).
FGRTX is managed by Fidelity. It was launched on Dec 28, 1998. FXAIX is a passively managed fund by Fidelity that tracks the performance of the S&P 500 Index. It was launched on Feb 17, 1988.
Performance
FGRTX vs. FXAIX - Performance Comparison
Loading graphics...
FGRTX vs. FXAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FGRTX Fidelity Mega Cap Stock Fund | -5.09% | 26.92% | 25.98% | 26.51% | -8.98% | 26.29% | 12.96% | 31.07% | -7.44% | 16.98% |
FXAIX Fidelity 500 Index Fund | -7.05% | 17.84% | 25.01% | 26.29% | -18.14% | 28.71% | 18.42% | 31.48% | -4.43% | 21.82% |
Returns By Period
In the year-to-date period, FGRTX achieves a -5.09% return, which is significantly higher than FXAIX's -7.05% return. Over the past 10 years, FGRTX has outperformed FXAIX with an annualized return of 14.99%, while FXAIX has yielded a comparatively lower 13.75% annualized return.
FGRTX
- 1D
- -0.54%
- 1M
- -7.43%
- YTD
- -5.09%
- 6M
- -0.53%
- 1Y
- 23.05%
- 3Y*
- 21.21%
- 5Y*
- 14.54%
- 10Y*
- 14.99%
FXAIX
- 1D
- -0.39%
- 1M
- -7.68%
- YTD
- -7.05%
- 6M
- -4.59%
- 1Y
- 14.42%
- 3Y*
- 17.17%
- 5Y*
- 11.40%
- 10Y*
- 13.75%
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. FXAIX - Expense Ratio Comparison
FGRTX has a 0.61% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Return for Risk
FGRTX vs. FXAIX — Risk / Return Rank
FGRTX
FXAIX
FGRTX vs. FXAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Mega Cap Stock Fund (FGRTX) and Fidelity 500 Index Fund (FXAIX). 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.
| FGRTX | FXAIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.30 | 0.84 | +0.46 |
Sortino ratioReturn per unit of downside risk | 1.86 | 1.30 | +0.57 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.20 | +0.10 |
Calmar ratioReturn relative to maximum drawdown | 1.74 | 1.05 | +0.68 |
Martin ratioReturn relative to average drawdown | 8.14 | 5.13 | +3.01 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| FGRTX | FXAIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.30 | 0.84 | +0.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.88 | 0.68 | +0.20 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.83 | 0.77 | +0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.45 | 0.75 | -0.31 |
Correlation
The correlation between FGRTX and FXAIX is 0.95, 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.
Dividends
FGRTX vs. FXAIX - Dividend Comparison
FGRTX's dividend yield for the trailing twelve months is around 4.10%, more than FXAIX's 1.20% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGRTX Fidelity Mega Cap Stock Fund | 4.10% | 3.89% | 2.68% | 2.06% | 4.38% | 4.79% | 7.96% | 12.98% | 21.72% | 15.57% | 1.97% | 4.16% |
FXAIX Fidelity 500 Index Fund | 1.20% | 1.11% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 2.06% | 2.72% | 1.97% | 2.52% | 2.83% |
Drawdowns
FGRTX vs. FXAIX - Drawdown Comparison
The maximum FGRTX drawdown since its inception was -56.17%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for FGRTX and FXAIX.
Loading graphics...
Drawdown Indicators
| FGRTX | FXAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.17% | -33.79% | -22.38% |
Max Drawdown (1Y)Largest decline over 1 year | -12.17% | -12.13% | -0.04% |
Max Drawdown (5Y)Largest decline over 5 years | -23.35% | -24.50% | +1.15% |
Max Drawdown (10Y)Largest decline over 10 years | -35.18% | -33.79% | -1.39% |
Current DrawdownCurrent decline from peak | -8.99% | -8.89% | -0.10% |
Average DrawdownAverage peak-to-trough decline | -8.77% | -3.83% | -4.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.59% | 2.50% | +0.09% |
Volatility
FGRTX vs. FXAIX - Volatility Comparison
Fidelity Mega Cap Stock Fund (FGRTX) and Fidelity 500 Index Fund (FXAIX) have volatilities of 4.37% and 4.24%, 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.
Loading graphics...
Volatility by Period
| FGRTX | FXAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.37% | 4.24% | +0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 9.26% | 9.08% | +0.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.18% | 18.13% | +0.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 16.67% | 16.88% | -0.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.10% | 18.03% | +0.07% |