FIFNX vs. FDEGX
Compare and contrast key facts about Fidelity Founders Fund (FIFNX) and Fidelity Growth Strategies Fund (FDEGX).
FIFNX is managed by Fidelity. It was launched on Feb 14, 2019. FDEGX is managed by Fidelity. It was launched on Dec 28, 1990.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FIFNX or FDEGX.
Key characteristics
| FIFNX | FDEGX | |
|---|---|---|
| YTD Return | 33.59% | 33.35% |
| 1Y Return | 49.83% | 50.37% |
| 3Y Return (Ann) | 6.27% | 0.34% |
| 5Y Return (Ann) | 17.78% | 9.10% |
| Sharpe Ratio | 2.86 | 3.02 |
| Sortino Ratio | 3.69 | 4.02 |
| Omega Ratio | 1.51 | 1.53 |
| Calmar Ratio | 2.45 | 1.47 |
| Martin Ratio | 18.22 | 18.02 |
| Ulcer Index | 2.68% | 2.74% |
| Daily Std Dev | 17.08% | 16.37% |
| Max Drawdown | -34.82% | -85.76% |
| Current Drawdown | 0.00% | -0.36% |
Correlation
The correlation between FIFNX and FDEGX is 0.90, 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
FIFNX vs. FDEGX - Performance Comparison
The year-to-date returns for both stocks are quite close, with FIFNX having a 33.59% return and FDEGX slightly lower at 33.35%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FIFNX vs. FDEGX - Expense Ratio Comparison
FIFNX has a 0.90% expense ratio, which is higher than FDEGX's 0.63% expense ratio.
Risk-Adjusted Performance
FIFNX vs. FDEGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Founders Fund (FIFNX) and Fidelity Growth Strategies Fund (FDEGX). 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
FIFNX vs. FDEGX - Dividend Comparison
FIFNX's dividend yield for the trailing twelve months is around 0.08%, more than FDEGX's 0.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FIFNX Fidelity Founders Fund | 0.08% | 0.11% | 0.67% | 0.23% | 0.00% | 0.09% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FDEGX Fidelity Growth Strategies Fund | 0.04% | 0.05% | 0.00% | 0.00% | 0.00% | 0.44% | 0.75% | 0.38% | 0.54% | 0.13% | 0.59% | 0.18% |
Drawdowns
FIFNX vs. FDEGX - Drawdown Comparison
The maximum FIFNX drawdown since its inception was -34.82%, smaller than the maximum FDEGX drawdown of -85.76%. Use the drawdown chart below to compare losses from any high point for FIFNX and FDEGX. For additional features, visit the drawdowns tool.
Volatility
FIFNX vs. FDEGX - Volatility Comparison
The current volatility for Fidelity Founders Fund (FIFNX) is 5.00%, while Fidelity Growth Strategies Fund (FDEGX) has a volatility of 6.52%. This indicates that FIFNX experiences smaller price fluctuations and is considered to be less risky than FDEGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.