FNCMX vs. VUG
Compare and contrast key facts about Fidelity NASDAQ Composite Index Fund (FNCMX) and Vanguard Growth ETF (VUG).
FNCMX is managed by Fidelity. VUG is a passively managed fund by Vanguard that tracks the performance of the CRSP U.S. Large Cap Growth Index. It was launched on Jan 26, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FNCMX or VUG.
Key characteristics
| FNCMX | VUG | |
|---|---|---|
| YTD Return | 7.83% | 9.19% |
| 1Y Return | 36.45% | 38.11% |
| 3Y Return (Ann) | 6.87% | 8.66% |
| 5Y Return (Ann) | 15.64% | 16.46% |
| 10Y Return (Ann) | 15.78% | 14.93% |
| Sharpe Ratio | 2.21 | 2.39 |
| Daily Std Dev | 16.17% | 15.67% |
| Max Drawdown | -55.08% | -50.68% |
| Current Drawdown | -1.73% | -2.10% |
Correlation
The correlation between FNCMX and VUG is 0.96, 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. VUG - Performance Comparison
In the year-to-date period, FNCMX achieves a 7.83% return, which is significantly lower than VUG's 9.19% return. Over the past 10 years, FNCMX has outperformed VUG with an annualized return of 15.78%, while VUG has yielded a comparatively lower 14.93% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FNCMX vs. VUG - Expense Ratio Comparison
FNCMX has a 0.29% expense ratio, which is higher than VUG's 0.04% expense ratio.
Risk-Adjusted Performance
FNCMX vs. VUG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity NASDAQ Composite Index Fund (FNCMX) and Vanguard Growth ETF (VUG). 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. VUG - Dividend Comparison
FNCMX's dividend yield for the trailing twelve months is around 0.62%, more than VUG's 0.54% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FNCMX Fidelity NASDAQ Composite Index Fund | 0.62% | 0.67% | 0.88% | 0.47% | 0.67% | 4.41% | 1.93% | 0.73% | 1.01% | 0.89% | 1.24% | 1.61% |
VUG Vanguard Growth ETF | 0.54% | 0.58% | 0.70% | 0.48% | 0.66% | 0.95% | 1.32% | 1.14% | 1.39% | 1.30% | 1.21% | 1.19% |
Drawdowns
FNCMX vs. VUG - Drawdown Comparison
The maximum FNCMX drawdown since its inception was -55.08%, which is greater than VUG's maximum drawdown of -50.68%. Use the drawdown chart below to compare losses from any high point for FNCMX and VUG. For additional features, visit the drawdowns tool.
Volatility
FNCMX vs. VUG - Volatility Comparison
Fidelity NASDAQ Composite Index Fund (FNCMX) and Vanguard Growth ETF (VUG) have volatilities of 6.12% and 5.84%, 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.