FOCPX vs. FDGRX
Compare and contrast key facts about Fidelity OTC Portfolio (FOCPX) and Fidelity Growth Company Fund (FDGRX).
FOCPX is managed by Fidelity. It was launched on Dec 31, 1984. FDGRX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FOCPX or FDGRX.
Key characteristics
| FOCPX | FDGRX | |
|---|---|---|
| YTD Return | 11.48% | 12.03% |
| 1Y Return | 36.83% | 40.87% |
| 3Y Return (Ann) | 6.84% | 6.68% |
| 5Y Return (Ann) | 17.17% | 20.19% |
| 10Y Return (Ann) | 17.61% | 18.33% |
| Sharpe Ratio | 2.50 | 2.39 |
| Daily Std Dev | 16.19% | 18.07% |
| Max Drawdown | -69.01% | -71.50% |
| Current Drawdown | -3.23% | -3.74% |
Correlation
The correlation between FOCPX and FDGRX is 0.92, 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
FOCPX vs. FDGRX - Performance Comparison
The year-to-date returns for both investments are quite close, with FOCPX having a 11.48% return and FDGRX slightly higher at 12.03%. Both investments have delivered pretty close results over the past 10 years, with FOCPX having a 17.61% annualized return and FDGRX not far ahead at 18.33%. 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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FOCPX vs. FDGRX - Expense Ratio Comparison
FOCPX has a 0.80% expense ratio, which is higher than FDGRX's 0.79% expense ratio.
Risk-Adjusted Performance
FOCPX vs. FDGRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity OTC Portfolio (FOCPX) and Fidelity Growth Company Fund (FDGRX). 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
FOCPX vs. FDGRX - Dividend Comparison
FOCPX's dividend yield for the trailing twelve months is around 0.05%, less than FDGRX's 3.42% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FOCPX Fidelity OTC Portfolio | 0.05% | 0.05% | 4.06% | 11.53% | 6.23% | 7.58% | 7.93% | 4.86% | 3.24% | 4.64% | 12.91% | 13.60% |
FDGRX Fidelity Growth Company Fund | 3.42% | 3.83% | 7.20% | 10.67% | 8.86% | 3.84% | 6.38% | 4.73% | 6.23% | 3.92% | 4.03% | 7.12% |
Drawdowns
FOCPX vs. FDGRX - Drawdown Comparison
The maximum FOCPX drawdown since its inception was -69.01%, roughly equal to the maximum FDGRX drawdown of -71.50%. Use the drawdown chart below to compare losses from any high point for FOCPX and FDGRX. For additional features, visit the drawdowns tool.
Volatility
FOCPX vs. FDGRX - Volatility Comparison
Fidelity OTC Portfolio (FOCPX) and Fidelity Growth Company Fund (FDGRX) have volatilities of 6.09% and 6.28%, 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.