FSAGX vs. FBGKX

Last updated Jul 31, 2026

FSAGX (Fidelity Select Gold Portfolio) and FBGKX (Fidelity Blue Chip Growth Fund Class K) are both mutual funds - FSAGX is a Gold fund managed by Fidelity, while FBGKX is a Large Cap Growth Equities fund actively managed by Fidelity. Over the past 10 years, FSAGX returned 8.27%/yr vs 20.31%/yr for FBGKX. Their 0.24 correlation means their historical movements had little consistent relationship. FSAGX charges 0.73%/yr vs 0.54%/yr for FBGKX.

Performance

FSAGX vs. FBGKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Select Gold Portfolio (FSAGX) and Fidelity Blue Chip Growth Fund Class K (FBGKX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, FSAGX achieves a -10.86% return, which is significantly lower than FBGKX's 6.84% return. Over the past 10 years, FSAGX has underperformed FBGKX with an annualized return of 8.27%, while FBGKX has yielded a comparatively higher 20.31% annualized return.

FSAGX

• 1D: -0.39%
• 1M: -2.29%
• 6M: -28.59%
• YTD: -10.86%
• 1Y: 40.81%
• 3Y*: 34.45%
• 5Y*: 14.45%
• 10Y*: 8.27%
• ALL TIME*: 6.46%

FBGKX

• 1D: -2.13%
• 1M: -9.02%
• 6M: 5.66%
• YTD: 6.84%
• 1Y: 18.19%
• 3Y*: 24.19%
• 5Y*: 12.89%
• 10Y*: 20.31%
• ALL TIME*: 15.51%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FBGKX Fidelity Blue Chip Growth Fund Class K	$0.00	$0.00	$0.00
FSAGX Fidelity Select Gold Portfolio	$0.00	$0.00	$0.00

FSAGX vs. FBGKX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
FSAGX Fidelity Select Gold Portfolio	-10.86%	143.05%	14.97%	-0.37%	-13.46%	-10.44%	26.83%	35.50%	-13.00%	8.63%
FBGKX Fidelity Blue Chip Growth Fund Class K	6.84%	19.99%	39.87%	55.76%	-38.40%	22.74%	62.35%	33.56%	1.11%	36.08%

Correlation

The correlation between FSAGX and FBGKX is 0.38, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.38
Correlation (3Y) Balances recent behavior with more history.	0.25
Correlation (5Y) Shows whether the relationship held over a longer period.	0.26
Correlation (10Y) Provides a long-term view across more market conditions.	0.21
Correlation (All Time) Calculated using the full available price history since May 15, 2008	0.24

The correlation between FSAGX and FBGKX shifts across timeframes, from 0.21 (10 years) to 0.38 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

FSAGX vs. FBGKX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

FSAGX

FSAGX Risk / Return Rank: 19
FSAGX Sharpe Ratio Rank: 20
FSAGX Sortino Ratio Rank: 21
FSAGX Omega Ratio Rank: 24
FSAGX Calmar Ratio Rank: 18
FSAGX Martin Ratio Rank: 14

FBGKX

FBGKX Risk / Return Rank: 29
FBGKX Sharpe Ratio Rank: 26
FBGKX Sortino Ratio Rank: 26
FBGKX Omega Ratio Rank: 25
FBGKX Calmar Ratio Rank: 33
FBGKX Martin Ratio Rank: 36

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

FSAGX vs. FBGKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Select Gold Portfolio (FSAGX) and Fidelity Blue Chip Growth Fund Class K (FBGKX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	FSAGX	FBGKX	Difference
Sharpe ratio: Return per unit of total volatility	0.80	0.96	-0.16
Sortino ratio: Return per unit of downside risk	1.24	1.41	-0.16
Omega ratio: Gain probability vs. loss probability	1.17	1.17	0.00
Calmar ratio: Return relative to maximum drawdown	0.98	1.51	-0.54
Martin ratio: Return relative to average drawdown	2.17	5.44	-3.27

FSAGX vs. FBGKX - Sharpe Ratio Comparison

The current FSAGX Sharpe Ratio is 0.80, which is comparable to the FBGKX Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of FSAGX and FBGKX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

FSAGX vs. FBGKX - Drawdown Comparison

The maximum FSAGX drawdown since its inception was -77.21%, which is greater than FBGKX's maximum drawdown of -48.90%. Use the drawdown chart below to compare losses from any high point for FSAGX and FBGKX.

Drawdown Indicators

	FSAGX	FBGKX	Difference
Max Drawdown Largest peak-to-trough decline	-77.21%	-48.90%	-28.31%
Max Drawdown (1Y) Largest decline over 1 year	-37.90%	-12.63%	-25.27%
Max Drawdown (3Y) Largest decline over 3 years	-37.90%	-27.06%	-10.84%
Max Drawdown (5Y) Largest decline over 5 years	-45.94%	-43.03%	-2.91%
Max Drawdown (10Y) Largest decline over 10 years	-50.57%	-43.03%	-7.54%
Current Drawdown Current decline from peak	-34.72%	-10.59%	-24.13%
Average Drawdown Average peak-to-trough decline	-33.34%	-8.32%	-25.02%
Ulcer Index Depth and duration of drawdowns from previous peaks	17.01%	3.50%	+13.51%

Volatility

FSAGX vs. FBGKX - Volatility Comparison

Fidelity Select Gold Portfolio (FSAGX) has a higher volatility of 11.61% compared to Fidelity Blue Chip Growth Fund Class K (FBGKX) at 5.94%. This indicates that FSAGX's price experiences larger fluctuations and is considered to be riskier than FBGKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FSAGX	FBGKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	11.61%	5.94%	+5.67%
Volatility (6M) Calculated over the trailing 6-month period	38.36%	15.81%	+22.55%
Volatility (1Y) Calculated over the trailing 1-year period	46.07%	19.87%	+26.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.48%	25.20%	+9.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.39%	23.81%	+9.58%

FSAGX vs. FBGKX - Expense Ratio Comparison

FSAGX has a 0.73% expense ratio, which is higher than FBGKX's 0.54% expense ratio.

Dividends

FSAGX vs. FBGKX - Dividend Comparison

FSAGX's dividend yield for the trailing twelve months is around 5.76%, more than FBGKX's 1.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FBGKX Fidelity Blue Chip Growth Fund Class K	1.77%	1.89%	6.00%	0.93%	0.56%	8.77%	6.41%	3.70%	6.41%	4.26%	4.22%	5.36%
FSAGX Fidelity Select Gold Portfolio	5.76%	2.17%	3.62%	0.99%	0.36%	1.60%	4.40%	0.40%	0.00%	0.22%	3.57%	0.00%

Frequently Asked Questions

Can I hold both FSAGX and FBGKX in my portfolio?

FSAGX and FBGKX have a correlation of 0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, FSAGX or FBGKX?

FSAGX has higher volatility (11.61%) compared to FBGKX (5.94%). In terms of maximum drawdown, FSAGX dropped -77.21% vs FBGKX's -48.90%.

Which has better risk-adjusted returns?

FBGKX currently has the higher Sharpe Ratio (0.96 vs 0.80), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.