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FMILX vs. FBCVX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FMILX and FBCVX is 0.89, 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.


-0.50.00.51.00.9

Performance

FMILX vs. FBCVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity New Millennium Fund (FMILX) and Fidelity Blue Chip Value Fund (FBCVX). The values are adjusted to include any dividend payments, if applicable.

-5.00%0.00%5.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
7.34%
0.20%
FMILX
FBCVX

Key characteristics

Sharpe Ratio

FMILX:

1.63

FBCVX:

0.39

Sortino Ratio

FMILX:

2.19

FBCVX:

0.63

Omega Ratio

FMILX:

1.31

FBCVX:

1.07

Calmar Ratio

FMILX:

2.34

FBCVX:

0.45

Martin Ratio

FMILX:

9.73

FBCVX:

1.72

Ulcer Index

FMILX:

2.45%

FBCVX:

2.47%

Daily Std Dev

FMILX:

14.62%

FBCVX:

11.01%

Max Drawdown

FMILX:

-56.03%

FBCVX:

-63.06%

Current Drawdown

FMILX:

-4.55%

FBCVX:

-9.46%

Returns By Period

In the year-to-date period, FMILX achieves a 28.35% return, which is significantly higher than FBCVX's 3.54% return. Over the past 10 years, FMILX has underperformed FBCVX with an annualized return of 5.71%, while FBCVX has yielded a comparatively higher 6.40% annualized return.


FMILX

YTD

28.35%

1M

-0.71%

6M

7.34%

1Y

25.64%

5Y*

10.77%

10Y*

5.71%

FBCVX

YTD

3.54%

1M

-6.54%

6M

0.20%

1Y

5.75%

5Y*

6.09%

10Y*

6.40%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


FMILX vs. FBCVX - Expense Ratio Comparison

FMILX has a 0.59% expense ratio, which is lower than FBCVX's 0.63% expense ratio.


FBCVX
Fidelity Blue Chip Value Fund
Expense ratio chart for FBCVX: current value at 0.63% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.63%
Expense ratio chart for FMILX: current value at 0.59% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.59%

Risk-Adjusted Performance

FMILX vs. FBCVX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity New Millennium Fund (FMILX) and Fidelity Blue Chip Value Fund (FBCVX). 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.


Sharpe ratio
The chart of Sharpe ratio for FMILX, currently valued at 1.63, compared to the broader market-1.000.001.002.003.004.001.630.39
The chart of Sortino ratio for FMILX, currently valued at 2.19, compared to the broader market-2.000.002.004.006.008.0010.002.190.63
The chart of Omega ratio for FMILX, currently valued at 1.31, compared to the broader market0.501.001.502.002.503.003.501.311.07
The chart of Calmar ratio for FMILX, currently valued at 2.34, compared to the broader market0.005.0010.0015.002.340.45
The chart of Martin ratio for FMILX, currently valued at 9.73, compared to the broader market0.0020.0040.0060.009.731.72
FMILX
FBCVX

The current FMILX Sharpe Ratio is 1.63, which is higher than the FBCVX Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of FMILX and FBCVX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
1.63
0.39
FMILX
FBCVX

Dividends

FMILX vs. FBCVX - Dividend Comparison

FMILX's dividend yield for the trailing twelve months is around 0.23%, less than FBCVX's 0.89% yield.


TTM20232022202120202019201820172016201520142013
FMILX
Fidelity New Millennium Fund
0.23%0.30%1.63%2.04%1.59%0.97%1.25%0.90%1.18%1.03%9.39%5.63%
FBCVX
Fidelity Blue Chip Value Fund
0.89%1.53%1.07%1.26%1.07%1.48%1.62%1.09%1.05%1.77%1.39%0.60%

Drawdowns

FMILX vs. FBCVX - Drawdown Comparison

The maximum FMILX drawdown since its inception was -56.03%, smaller than the maximum FBCVX drawdown of -63.06%. Use the drawdown chart below to compare losses from any high point for FMILX and FBCVX. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-4.55%
-9.46%
FMILX
FBCVX

Volatility

FMILX vs. FBCVX - Volatility Comparison

Fidelity New Millennium Fund (FMILX) has a higher volatility of 3.92% compared to Fidelity Blue Chip Value Fund (FBCVX) at 3.26%. This indicates that FMILX's price experiences larger fluctuations and is considered to be riskier than FBCVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JulyAugustSeptemberOctoberNovemberDecember
3.92%
3.26%
FMILX
FBCVX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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