FGRTX vs. IMCG
Compare and contrast key facts about Fidelity Mega Cap Stock Fund (FGRTX) and iShares Morningstar Mid-Cap Growth ETF (IMCG).
FGRTX is managed by Fidelity. It was launched on Dec 28, 1998. IMCG is a passively managed fund by iShares that tracks the performance of the Morningstar US Mid Cap Broad Growth Index. It was launched on Jun 28, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FGRTX or IMCG.
Performance
FGRTX vs. IMCG - Performance Comparison
Returns By Period
In the year-to-date period, FGRTX achieves a 26.53% return, which is significantly higher than IMCG's 19.66% return. Over the past 10 years, FGRTX has outperformed IMCG with an annualized return of 12.99%, while IMCG has yielded a comparatively lower 12.08% annualized return.
FGRTX
26.53%
0.73%
10.07%
33.66%
16.86%
12.99%
IMCG
19.66%
2.73%
10.79%
32.48%
13.40%
12.08%
Key characteristics
| FGRTX | IMCG | |
|---|---|---|
| Sharpe Ratio | 2.94 | 2.24 |
| Sortino Ratio | 3.97 | 3.08 |
| Omega Ratio | 1.56 | 1.38 |
| Calmar Ratio | 4.14 | 1.43 |
| Martin Ratio | 21.05 | 11.63 |
| Ulcer Index | 1.62% | 2.73% |
| Daily Std Dev | 11.55% | 14.18% |
| Max Drawdown | -57.06% | -58.96% |
| Current Drawdown | -1.92% | -2.63% |
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FGRTX vs. IMCG - Expense Ratio Comparison
FGRTX has a 0.61% expense ratio, which is higher than IMCG's 0.06% expense ratio.
Correlation
The correlation between FGRTX and IMCG is 0.81, 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.
Risk-Adjusted Performance
FGRTX vs. IMCG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Mega Cap Stock Fund (FGRTX) and iShares Morningstar Mid-Cap Growth ETF (IMCG). 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
FGRTX vs. IMCG - Dividend Comparison
FGRTX's dividend yield for the trailing twelve months is around 0.96%, more than IMCG's 0.79% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGRTX Fidelity Mega Cap Stock Fund | 0.96% | 1.06% | 1.34% | 1.76% | 2.87% | 2.01% | 2.22% | 1.57% | 1.48% | 4.07% | 5.39% | 3.20% |
IMCG iShares Morningstar Mid-Cap Growth ETF | 0.79% | 0.85% | 0.91% | 0.41% | 0.09% | 0.30% | 0.35% | 0.45% | 0.52% | 0.38% | 0.60% | 0.36% |
Drawdowns
FGRTX vs. IMCG - Drawdown Comparison
The maximum FGRTX drawdown since its inception was -57.06%, roughly equal to the maximum IMCG drawdown of -58.96%. Use the drawdown chart below to compare losses from any high point for FGRTX and IMCG. For additional features, visit the drawdowns tool.
Volatility
FGRTX vs. IMCG - Volatility Comparison
The current volatility for Fidelity Mega Cap Stock Fund (FGRTX) is 3.60%, while iShares Morningstar Mid-Cap Growth ETF (IMCG) has a volatility of 4.71%. This indicates that FGRTX experiences smaller price fluctuations and is considered to be less risky than IMCG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.