FLKSX vs. FGCKX

Last updated Jun 4, 2026

FLKSX (Fidelity Low-Priced Stock K6 Fund) and FGCKX (Fidelity Growth Company K) are both mutual funds - FLKSX is a Mid Cap Value Equities fund managed by T. Rowe Price, while FGCKX is a Large Cap Growth Equities fund actively managed by Fidelity. Over the past 5 years, FLKSX returned 9.31%/yr vs 17.62%/yr for FGCKX. A 0.64 correlation means they provide meaningful diversification when combined. FLKSX charges 0.50%/yr vs 0.65%/yr for FGCKX.

Performance

FLKSX vs. FGCKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Low-Priced Stock K6 Fund (FLKSX) and Fidelity Growth Company K (FGCKX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FLKSX achieves a 9.94% return, which is significantly lower than FGCKX's 23.78% return.

FLKSX

• 1D: 0.41%
• 1M: 3.13%
• YTD: 9.94%
• 6M: 10.81%
• 1Y: 21.99%
• 3Y*: 16.42%
• 5Y*: 9.31%
• 10Y*: —

FGCKX

• 1D: 0.05%
• 1M: 8.79%
• YTD: 23.78%
• 6M: 20.00%
• 1Y: 48.64%
• 3Y*: 31.78%
• 5Y*: 17.62%
• 10Y*: 23.10%

*Multi-year figures are annualized to reflect compound growth (CAGR)

FLKSX vs. FGCKX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FLKSX Fidelity Low-Priced Stock K6 Fund	9.94%	14.61%	10.81%	14.87%	-5.16%	24.70%	9.32%	25.16%	-10.42%	12.93%
FGCKX Fidelity Growth Company K	23.78%	18.67%	37.30%	47.35%	-33.82%	22.62%	67.61%	38.50%	-4.07%	15.69%

Correlation

The correlation between FLKSX and FGCKX is 0.50, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (3Y) Calculated over the trailing 3-year period	0.56
Correlation (5Y) Calculated over the trailing 5-year period	0.64
Correlation (All Time) Calculated using the full available price history since May 30, 2017	0.64

The correlation between FLKSX and FGCKX shifts across timeframes, from 0.50 (1 year) to 0.64 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

FLKSX vs. FGCKX — Risk / Return Rank

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

FLKSX

FLKSX Risk / Return Rank: 42
FLKSX Sharpe Ratio Rank: 40
FLKSX Sortino Ratio Rank: 41
FLKSX Omega Ratio Rank: 39
FLKSX Calmar Ratio Rank: 47
FLKSX Martin Ratio Rank: 42

FGCKX

FGCKX Risk / Return Rank: 77
FGCKX Sharpe Ratio Rank: 85
FGCKX Sortino Ratio Rank: 65
FGCKX Omega Ratio Rank: 68
FGCKX Calmar Ratio Rank: 85
FGCKX Martin Ratio Rank: 81

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLKSX vs. FGCKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Low-Priced Stock K6 Fund (FLKSX) and Fidelity Growth Company K (FGCKX). 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.

	FLKSX	FGCKX	Difference
Sharpe ratio: Return per unit of total volatility	1.84	2.75	-0.91
Sortino ratio: Return per unit of downside risk	2.69	3.36	-0.67
Omega ratio: Gain probability vs. loss probability	1.33	1.46	-0.13
Calmar ratio: Return relative to maximum drawdown	2.61	4.03	-1.42
Martin ratio: Return relative to average drawdown	8.92	15.19	-6.26
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLKSX vs. FGCKX - Sharpe Ratio Comparison

The current FLKSX Sharpe Ratio is 1.84, which is lower than the FGCKX Sharpe Ratio of 2.75. The chart below compares the historical Sharpe Ratios of FLKSX and FGCKX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	FLKSX	FGCKX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.84	2.75	-0.91
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.63	0.74	-0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.99	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.72	-0.03

Drawdowns

FLKSX vs. FGCKX - Drawdown Comparison

The maximum FLKSX drawdown since its inception was -36.70%, smaller than the maximum FGCKX drawdown of -51.01%. Use the drawdown chart below to compare losses from any high point for FLKSX and FGCKX.

Drawdown Indicators

	FLKSX	FGCKX	Difference
Max Drawdown Largest peak-to-trough decline	-36.70%	-51.01%	+14.31%
Max Drawdown (1Y) Largest decline over 1 year	-8.87%	-12.55%	+3.68%
Max Drawdown (3Y) Largest decline over 3 years	-16.53%	-26.20%	+9.67%
Max Drawdown (5Y) Largest decline over 5 years	-17.82%	-40.21%	+22.39%
Max Drawdown (10Y) Largest decline over 10 years	—	-40.21%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-4.59%	-8.96%	+4.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.59%	3.32%	-0.73%

Volatility

FLKSX vs. FGCKX - Volatility Comparison

The current volatility for Fidelity Low-Priced Stock K6 Fund (FLKSX) is 3.28%, while Fidelity Growth Company K (FGCKX) has a volatility of 4.39%. This indicates that FLKSX experiences smaller price fluctuations and is considered to be less risky than FGCKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FLKSX	FGCKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.28%	4.39%	-1.11%
Volatility (6M) Calculated over the trailing 6-month period	8.92%	14.40%	-5.48%
Volatility (1Y) Calculated over the trailing 1-year period	12.61%	18.43%	-5.82%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.83%	24.02%	-9.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.44%	23.43%	-6.99%

FLKSX vs. FGCKX - Expense Ratio Comparison

FLKSX has a 0.50% expense ratio, which is lower than FGCKX's 0.65% expense ratio.

Dividends

FLKSX vs. FGCKX - Dividend Comparison

FLKSX's dividend yield for the trailing twelve months is around 6.70%, while FGCKX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FGCKX Fidelity Growth Company K	0.00%	0.00%	8.80%	3.81%	7.16%	10.63%	8.83%	3.84%	6.38%	4.73%	6.20%	3.96%
FLKSX Fidelity Low-Priced Stock K6 Fund	6.70%	7.37%	13.98%	6.70%	3.47%	5.34%	1.47%	2.47%	1.52%	0.63%	0.00%	0.00%

Frequently Asked Questions

Can I hold both FLKSX and FGCKX in my portfolio?

FLKSX and FGCKX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FLKSX or FGCKX?

FGCKX has higher volatility (4.39%) compared to FLKSX (3.28%). In terms of maximum drawdown, FLKSX dropped -36.70% vs FGCKX's -51.01%.

Which has better risk-adjusted returns?

FGCKX currently has the higher Sharpe Ratio (2.75 vs 1.84), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.