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FMDGX vs. FSPGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FMDGX and FSPGX 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

FMDGX vs. FSPGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Mid Cap Growth Index Fund (FMDGX) and Fidelity Large Cap Growth Index Fund (FSPGX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FMDGX:

0.64

FSPGX:

0.50

Sortino Ratio

FMDGX:

1.03

FSPGX:

0.86

Omega Ratio

FMDGX:

1.14

FSPGX:

1.12

Calmar Ratio

FMDGX:

0.62

FSPGX:

0.54

Martin Ratio

FMDGX:

2.07

FSPGX:

1.79

Ulcer Index

FMDGX:

7.60%

FSPGX:

6.96%

Daily Std Dev

FMDGX:

24.76%

FSPGX:

25.00%

Max Drawdown

FMDGX:

-38.85%

FSPGX:

-32.66%

Current Drawdown

FMDGX:

-9.19%

FSPGX:

-10.14%

Returns By Period

In the year-to-date period, FMDGX achieves a 0.09% return, which is significantly higher than FSPGX's -6.36% return.


FMDGX

YTD

0.09%

1M

14.07%

6M

-2.65%

1Y

15.33%

5Y*

11.02%

10Y*

N/A

FSPGX

YTD

-6.36%

1M

9.20%

6M

-5.55%

1Y

12.17%

5Y*

17.09%

10Y*

N/A

*Annualized

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FMDGX vs. FSPGX - Expense Ratio Comparison

FMDGX has a 0.05% expense ratio, which is higher than FSPGX's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Risk-Adjusted Performance

FMDGX vs. FSPGX — Risk-Adjusted Performance Rank

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

FMDGX
The Risk-Adjusted Performance Rank of FMDGX is 6868
Overall Rank
The Sharpe Ratio Rank of FMDGX is 6767
Sharpe Ratio Rank
The Sortino Ratio Rank of FMDGX is 6868
Sortino Ratio Rank
The Omega Ratio Rank of FMDGX is 6868
Omega Ratio Rank
The Calmar Ratio Rank of FMDGX is 7474
Calmar Ratio Rank
The Martin Ratio Rank of FMDGX is 6262
Martin Ratio Rank

FSPGX
The Risk-Adjusted Performance Rank of FSPGX is 6161
Overall Rank
The Sharpe Ratio Rank of FSPGX is 5858
Sharpe Ratio Rank
The Sortino Ratio Rank of FSPGX is 6161
Sortino Ratio Rank
The Omega Ratio Rank of FSPGX is 6060
Omega Ratio Rank
The Calmar Ratio Rank of FSPGX is 6969
Calmar Ratio Rank
The Martin Ratio Rank of FSPGX is 5858
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.

FMDGX vs. FSPGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Mid Cap Growth Index Fund (FMDGX) and Fidelity Large Cap Growth Index Fund (FSPGX). 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 FMDGX Sharpe Ratio is 0.64, which is comparable to the FSPGX Sharpe Ratio of 0.50. The chart below compares the historical Sharpe Ratios of FMDGX and FSPGX, 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

FMDGX vs. FSPGX - Dividend Comparison

FMDGX's dividend yield for the trailing twelve months is around 0.46%, more than FSPGX's 0.40% yield.


TTM202420232022202120202019201820172016
FMDGX
Fidelity Mid Cap Growth Index Fund
0.46%0.47%0.63%0.81%0.42%0.36%0.27%0.00%0.00%0.00%
FSPGX
Fidelity Large Cap Growth Index Fund
0.40%0.37%0.73%0.86%0.54%0.74%0.99%1.14%0.99%0.30%

Drawdowns

FMDGX vs. FSPGX - Drawdown Comparison

The maximum FMDGX drawdown since its inception was -38.85%, which is greater than FSPGX's maximum drawdown of -32.66%. Use the drawdown chart below to compare losses from any high point for FMDGX and FSPGX. For additional features, visit the drawdowns tool.


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Volatility

FMDGX vs. FSPGX - Volatility Comparison

Fidelity Mid Cap Growth Index Fund (FMDGX) and Fidelity Large Cap Growth Index Fund (FSPGX) have volatilities of 8.27% and 8.35%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.


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