FGTAX vs. MGK
Compare and contrast key facts about Fidelity Advisor Mega Cap Stock Fund Class A (FGTAX) and Vanguard Mega Cap Growth ETF (MGK).
FGTAX is managed by Fidelity. It was launched on Feb 5, 2008. MGK is a passively managed fund by Vanguard that tracks the performance of the MSCI US Large Cap Growth Index. It was launched on Dec 17, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FGTAX or MGK.
Correlation
The correlation between FGTAX and MGK is 0.94, 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
FGTAX vs. MGK - Performance Comparison
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Key characteristics
FGTAX:
0.59
MGK:
0.65
FGTAX:
0.94
MGK:
1.08
FGTAX:
1.14
MGK:
1.15
FGTAX:
0.62
MGK:
0.72
FGTAX:
2.38
MGK:
2.41
FGTAX:
4.79%
MGK:
7.03%
FGTAX:
19.51%
MGK:
25.91%
FGTAX:
-52.71%
MGK:
-48.36%
FGTAX:
-2.46%
MGK:
-4.48%
Returns By Period
In the year-to-date period, FGTAX achieves a 3.69% return, which is significantly higher than MGK's -0.57% return. Over the past 10 years, FGTAX has underperformed MGK with an annualized return of 6.06%, while MGK has yielded a comparatively higher 15.86% annualized return.
FGTAX
3.69%
12.59%
1.28%
11.52%
15.62%
16.55%
6.06%
MGK
-0.57%
16.82%
1.81%
16.77%
22.25%
18.05%
15.86%
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FGTAX vs. MGK - Expense Ratio Comparison
FGTAX has a 0.90% expense ratio, which is higher than MGK's 0.07% expense ratio.
Risk-Adjusted Performance
FGTAX vs. MGK — Risk-Adjusted Performance Rank
FGTAX
MGK
FGTAX vs. MGK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Advisor Mega Cap Stock Fund Class A (FGTAX) and Vanguard Mega Cap Growth ETF (MGK). 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.
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Dividends
FGTAX vs. MGK - Dividend Comparison
FGTAX's dividend yield for the trailing twelve months is around 0.78%, more than MGK's 0.44% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FGTAX Fidelity Advisor Mega Cap Stock Fund Class A | 0.78% | 0.81% | 0.84% | 1.08% | 1.54% | 2.55% | 1.79% | 1.93% | 1.37% | 1.26% | 3.48% | 5.02% |
MGK Vanguard Mega Cap Growth ETF | 0.44% | 0.43% | 0.50% | 0.70% | 0.41% | 0.65% | 0.85% | 1.12% | 1.23% | 1.53% | 1.43% | 1.25% |
Drawdowns
FGTAX vs. MGK - Drawdown Comparison
The maximum FGTAX drawdown since its inception was -52.71%, which is greater than MGK's maximum drawdown of -48.36%. Use the drawdown chart below to compare losses from any high point for FGTAX and MGK. For additional features, visit the drawdowns tool.
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Volatility
FGTAX vs. MGK - Volatility Comparison
The current volatility for Fidelity Advisor Mega Cap Stock Fund Class A (FGTAX) is 4.14%, while Vanguard Mega Cap Growth ETF (MGK) has a volatility of 6.09%. This indicates that FGTAX experiences smaller price fluctuations and is considered to be less risky than MGK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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