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.
Performance
FGRTX vs. RYH - Performance Comparison
Returns By Period
FGRTX
26.53%
0.73%
10.07%
33.66%
16.86%
12.99%
RYH
N/A
N/A
N/A
N/A
N/A
N/A
Key characteristics
| FGRTX | RYH |
|---|
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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.
Correlation
The correlation between FGRTX and RYH is 0.70, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
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 0.96%, while RYH has not paid dividends to shareholders.
| 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% |
RYH Invesco S&P 500® Equal Weight Health Care ETF | 0.00% | 0.69% | 0.64% | 0.50% | 0.51% | 0.54% | 0.53% | 0.47% | 0.48% | 0.49% | 0.43% | 0.42% |
Drawdowns
FGRTX vs. RYH - Drawdown Comparison
Volatility
FGRTX vs. RYH - Volatility Comparison
Fidelity Mega Cap Stock Fund (FGRTX) has a higher volatility of 3.60% 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.