FGRTX vs. RYH
Compare and contrast key facts about Fidelity Mega Cap Stock Fund (FGRTX) and Invesco S&P 500® Equal Weight Health Care ETF (RYH).
FGRTX is managed by Fidelity. It was launched on Dec 28, 1998. RYH is a passively managed fund by Invesco that tracks the performance of the S&P Equal Weight Index Health Care. It was launched on Nov 7, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FGRTX or RYH.
Correlation
The correlation between FGRTX and RYH is 0.73, 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
FGRTX vs. RYH - Performance Comparison
Key characteristics
Returns By Period
FGRTX
-4.13%
-5.60%
-4.13%
7.37%
16.01%
5.73%
RYH
N/A
N/A
N/A
N/A
N/A
N/A
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FGRTX vs. RYH - Expense Ratio Comparison
FGRTX has a 0.61% expense ratio, which is higher than RYH's 0.40% expense ratio.
Risk-Adjusted Performance
FGRTX vs. RYH — Risk-Adjusted Performance Rank
FGRTX
RYH
FGRTX vs. RYH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Mega Cap Stock Fund (FGRTX) and Invesco S&P 500® Equal Weight Health Care ETF (RYH). 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. RYH - Dividend Comparison
FGRTX's dividend yield for the trailing twelve months is around 1.09%, while RYH has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGRTX Fidelity Mega Cap Stock Fund | 1.09% | 1.04% | 1.06% | 1.34% | 1.76% | 2.87% | 2.01% | 2.22% | 1.57% | 1.48% | 4.07% | 5.39% |
RYH Invesco S&P 500® Equal Weight Health Care ETF | 0.00% | 0.00% | 0.69% | 0.64% | 0.50% | 0.51% | 0.54% | 0.53% | 0.47% | 0.48% | 0.49% | 0.43% |
Drawdowns
FGRTX vs. RYH - Drawdown Comparison
Volatility
FGRTX vs. RYH - Volatility Comparison
Fidelity Mega Cap Stock Fund (FGRTX) has a higher volatility of 14.38% compared to Invesco S&P 500® Equal Weight Health Care ETF (RYH) at 0.00%. This indicates that FGRTX's price experiences larger fluctuations and is considered to be riskier than RYH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.