FNCMX vs. AGTHX
Compare and contrast key facts about Fidelity NASDAQ Composite Index Fund (FNCMX) and American Funds The Growth Fund of America Class A (AGTHX).
FNCMX is managed by Fidelity. AGTHX is managed by Equity. It was launched on Dec 1, 1973.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNCMX or AGTHX.
Correlation
The correlation between FNCMX and AGTHX is 0.94, 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
FNCMX vs. AGTHX - Performance Comparison
Key characteristics
FNCMX:
1.72
AGTHX:
1.04
FNCMX:
2.27
AGTHX:
1.30
FNCMX:
1.31
AGTHX:
1.23
FNCMX:
2.36
AGTHX:
1.36
FNCMX:
8.82
AGTHX:
8.02
FNCMX:
3.51%
AGTHX:
2.46%
FNCMX:
17.99%
AGTHX:
19.07%
FNCMX:
-55.71%
AGTHX:
-65.35%
FNCMX:
-3.88%
AGTHX:
-11.92%
Returns By Period
In the year-to-date period, FNCMX achieves a 30.02% return, which is significantly higher than AGTHX's 18.56% return. Over the past 10 years, FNCMX has outperformed AGTHX with an annualized return of 15.54%, while AGTHX has yielded a comparatively lower 12.51% annualized return.
FNCMX
30.02%
3.27%
8.90%
30.11%
17.04%
15.54%
AGTHX
18.56%
-6.74%
1.39%
18.80%
12.52%
12.51%
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FNCMX vs. AGTHX - Expense Ratio Comparison
FNCMX has a 0.29% expense ratio, which is lower than AGTHX's 0.61% expense ratio.
Risk-Adjusted Performance
FNCMX vs. AGTHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity NASDAQ Composite Index Fund (FNCMX) and American Funds The Growth Fund of America Class A (AGTHX). 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
FNCMX vs. AGTHX - Dividend Comparison
FNCMX's dividend yield for the trailing twelve months is around 0.51%, while AGTHX has not paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Fidelity NASDAQ Composite Index Fund | 0.51% | 0.67% | 0.88% | 0.47% | 0.67% | 0.97% | 0.94% | 0.70% | 0.91% | 0.89% | 0.80% | 0.72% |
American Funds The Growth Fund of America Class A | 0.00% | 6.81% | 0.75% | 8.18% | 4.55% | 7.89% | 12.71% | 7.54% | 6.61% | 8.87% | 9.90% | 6.71% |
Drawdowns
FNCMX vs. AGTHX - Drawdown Comparison
The maximum FNCMX drawdown since its inception was -55.71%, smaller than the maximum AGTHX drawdown of -65.35%. Use the drawdown chart below to compare losses from any high point for FNCMX and AGTHX. For additional features, visit the drawdowns tool.
Volatility
FNCMX vs. AGTHX - Volatility Comparison
The current volatility for Fidelity NASDAQ Composite Index Fund (FNCMX) is 5.06%, while American Funds The Growth Fund of America Class A (AGTHX) has a volatility of 12.78%. This indicates that FNCMX experiences smaller price fluctuations and is considered to be less risky than AGTHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.