FMDGX vs. VOT
Compare and contrast key facts about Fidelity Mid Cap Growth Index Fund (FMDGX) and Vanguard Mid-Cap Growth ETF (VOT).
FMDGX is managed by Fidelity. It was launched on Jul 11, 2019. VOT is a passively managed fund by Vanguard that tracks the performance of the MSCI US Mid Cap Growth Index. It was launched on Aug 17, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FMDGX or VOT.
Performance
FMDGX vs. VOT - Performance Comparison
Returns By Period
In the year-to-date period, FMDGX achieves a 29.31% return, which is significantly higher than VOT's 22.99% return.
FMDGX
29.31%
12.21%
21.29%
40.84%
13.27%
N/A
VOT
22.99%
8.84%
15.37%
34.01%
12.55%
10.99%
Key characteristics
| FMDGX | VOT | |
|---|---|---|
| Sharpe Ratio | 2.64 | 2.31 |
| Sortino Ratio | 3.55 | 3.10 |
| Omega Ratio | 1.45 | 1.40 |
| Calmar Ratio | 1.97 | 1.49 |
| Martin Ratio | 13.96 | 13.49 |
| Ulcer Index | 2.92% | 2.52% |
| Daily Std Dev | 15.46% | 14.70% |
| Max Drawdown | -38.59% | -60.17% |
| Current Drawdown | 0.00% | 0.00% |
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FMDGX vs. VOT - Expense Ratio Comparison
FMDGX has a 0.05% expense ratio, which is lower than VOT's 0.07% 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%.
Correlation
The correlation between FMDGX and VOT is 0.99, 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.
Risk-Adjusted Performance
FMDGX vs. VOT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Mid Cap Growth Index Fund (FMDGX) and Vanguard Mid-Cap Growth ETF (VOT). 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. VOT - Dividend Comparison
FMDGX's dividend yield for the trailing twelve months is around 0.47%, less than VOT's 0.65% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FMDGX Fidelity Mid Cap Growth Index Fund | 0.47% | 0.63% | 0.81% | 0.42% | 0.36% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VOT Vanguard Mid-Cap Growth ETF | 0.65% | 0.71% | 0.78% | 0.34% | 0.56% | 0.78% | 0.84% | 0.72% | 0.81% | 0.81% | 0.79% | 0.61% |
Drawdowns
FMDGX vs. VOT - Drawdown Comparison
The maximum FMDGX drawdown since its inception was -38.59%, smaller than the maximum VOT drawdown of -60.17%. Use the drawdown chart below to compare losses from any high point for FMDGX and VOT. For additional features, visit the drawdowns tool.
Volatility
FMDGX vs. VOT - Volatility Comparison
Fidelity Mid Cap Growth Index Fund (FMDGX) has a higher volatility of 5.60% compared to Vanguard Mid-Cap Growth ETF (VOT) at 4.93%. This indicates that FMDGX's price experiences larger fluctuations and is considered to be riskier than VOT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.