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FIFNX vs. FDEGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FIFNX and FDEGX is 0.88, 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 chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Founders Fund (FIFNX) and Fidelity Growth Strategies Fund (FDEGX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FIFNX:

0.57

FDEGX:

0.70

Sortino Ratio

FIFNX:

0.94

FDEGX:

1.16

Omega Ratio

FIFNX:

1.13

FDEGX:

1.16

Calmar Ratio

FIFNX:

0.57

FDEGX:

0.78

Martin Ratio

FIFNX:

1.85

FDEGX:

2.48

Ulcer Index

FIFNX:

7.48%

FDEGX:

8.21%

Daily Std Dev

FIFNX:

24.42%

FDEGX:

27.60%

Max Drawdown

FIFNX:

-34.82%

FDEGX:

-85.76%

Current Drawdown

FIFNX:

-8.45%

FDEGX:

-5.60%

Returns By Period

In the year-to-date period, FIFNX achieves a -0.34% return, which is significantly lower than FDEGX's 4.81% return.


FIFNX

YTD

-0.34%

1M

12.29%

6M

-5.05%

1Y

13.88%

5Y*

14.22%

10Y*

N/A

FDEGX

YTD

4.81%

1M

17.32%

6M

-1.42%

1Y

19.06%

5Y*

14.47%

10Y*

10.93%

*Annualized

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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 Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FIFNX
The Risk-Adjusted Performance Rank of FIFNX is 5858
Overall Rank
The Sharpe Ratio Rank of FIFNX is 5757
Sharpe Ratio Rank
The Sortino Ratio Rank of FIFNX is 5757
Sortino Ratio Rank
The Omega Ratio Rank of FIFNX is 5757
Omega Ratio Rank
The Calmar Ratio Rank of FIFNX is 6565
Calmar Ratio Rank
The Martin Ratio Rank of FIFNX is 5353
Martin Ratio Rank

FDEGX
The Risk-Adjusted Performance Rank of FDEGX is 6969
Overall Rank
The Sharpe Ratio Rank of FDEGX is 6666
Sharpe Ratio Rank
The Sortino Ratio Rank of FDEGX is 6868
Sortino Ratio Rank
The Omega Ratio Rank of FDEGX is 6969
Omega Ratio Rank
The Calmar Ratio Rank of FDEGX is 7777
Calmar Ratio Rank
The Martin Ratio Rank of FDEGX is 6464
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current FIFNX Sharpe Ratio is 0.57, which is comparable to the FDEGX Sharpe Ratio of 0.70. The chart below compares the historical Sharpe Ratios of FIFNX and FDEGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FIFNX vs. FDEGX - Dividend Comparison

FIFNX has not paid dividends to shareholders, while FDEGX's dividend yield for the trailing twelve months is around 7.53%.


TTM20242023202220212020201920182017201620152014
FIFNX
Fidelity Founders Fund
0.00%0.00%0.11%0.67%0.23%0.00%0.09%0.00%0.00%0.00%0.00%0.00%
FDEGX
Fidelity Growth Strategies Fund
7.53%7.89%0.05%0.00%14.15%8.37%3.65%0.75%0.43%0.59%0.13%0.31%

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.


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Volatility

FIFNX vs. FDEGX - Volatility Comparison

The current volatility for Fidelity Founders Fund (FIFNX) is 6.84%, while Fidelity Growth Strategies Fund (FDEGX) has a volatility of 7.98%. 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.


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