FMDGX vs. VDE
Compare and contrast key facts about Fidelity Mid Cap Growth Index Fund (FMDGX) and Vanguard Energy ETF (VDE).
FMDGX is managed by Fidelity. It was launched on Jul 11, 2019. VDE is a passively managed fund by Vanguard that tracks the performance of the MSCI US Investable Market Energy 25/50 Index. It was launched on Sep 23, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FMDGX or VDE.
Correlation
The correlation between FMDGX and VDE is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FMDGX vs. VDE - Performance Comparison
Key characteristics
FMDGX:
0.60
VDE:
-0.40
FMDGX:
0.99
VDE:
-0.37
FMDGX:
1.14
VDE:
0.95
FMDGX:
0.59
VDE:
-0.47
FMDGX:
1.97
VDE:
-1.30
FMDGX:
7.55%
VDE:
7.73%
FMDGX:
24.71%
VDE:
25.30%
FMDGX:
-38.85%
VDE:
-74.16%
FMDGX:
-10.84%
VDE:
-16.44%
Returns By Period
In the year-to-date period, FMDGX achieves a -1.73% return, which is significantly higher than VDE's -6.53% return.
FMDGX
-1.73%
17.24%
-1.46%
13.62%
10.75%
N/A
VDE
-6.53%
3.72%
-12.73%
-10.81%
21.77%
3.37%
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FMDGX vs. VDE - Expense Ratio Comparison
FMDGX has a 0.05% expense ratio, which is lower than VDE's 0.10% expense ratio. Despite the difference, 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. VDE — Risk-Adjusted Performance Rank
FMDGX
VDE
FMDGX vs. VDE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Mid Cap Growth Index Fund (FMDGX) and Vanguard Energy ETF (VDE). 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
FMDGX vs. VDE - Dividend Comparison
FMDGX's dividend yield for the trailing twelve months is around 0.47%, less than VDE's 3.48% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMDGX Fidelity Mid Cap Growth Index Fund | 0.47% | 0.47% | 0.63% | 0.81% | 6.43% | 0.36% | 0.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VDE Vanguard Energy ETF | 3.48% | 3.23% | 3.34% | 3.65% | 4.13% | 4.76% | 3.59% | 3.35% | 2.90% | 2.31% | 3.17% | 1.98% |
Drawdowns
FMDGX vs. VDE - Drawdown Comparison
The maximum FMDGX drawdown since its inception was -38.85%, smaller than the maximum VDE drawdown of -74.16%. Use the drawdown chart below to compare losses from any high point for FMDGX and VDE. For additional features, visit the drawdowns tool.
Volatility
FMDGX vs. VDE - Volatility Comparison
Fidelity Mid Cap Growth Index Fund (FMDGX) and Vanguard Energy ETF (VDE) have volatilities of 13.12% and 12.68%, 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.