FSKGX vs. DGRO
Compare and contrast key facts about Fidelity Growth Strategies K6 Fund (FSKGX) and iShares Core Dividend Growth ETF (DGRO).
FSKGX is managed by Fidelity. It was launched on May 25, 2017. DGRO is a passively managed fund by iShares that tracks the performance of the Morningstar US Dividend Growth Index. It was launched on Jun 10, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSKGX or DGRO.
Key characteristics
| FSKGX | DGRO | |
|---|---|---|
| YTD Return | 30.29% | 20.51% |
| 1Y Return | 44.57% | 31.64% |
| 3Y Return (Ann) | -3.45% | 8.32% |
| 5Y Return (Ann) | 8.41% | 12.10% |
| Sharpe Ratio | 2.78 | 3.23 |
| Sortino Ratio | 3.74 | 4.58 |
| Omega Ratio | 1.49 | 1.60 |
| Calmar Ratio | 1.14 | 3.68 |
| Martin Ratio | 16.56 | 21.86 |
| Ulcer Index | 2.70% | 1.44% |
| Daily Std Dev | 16.09% | 9.75% |
| Max Drawdown | -49.53% | -35.10% |
| Current Drawdown | -11.88% | -0.19% |
Correlation
The correlation between FSKGX and DGRO is 0.78, 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
FSKGX vs. DGRO - Performance Comparison
In the year-to-date period, FSKGX achieves a 30.29% return, which is significantly higher than DGRO's 20.51% 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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FSKGX vs. DGRO - Expense Ratio Comparison
FSKGX has a 0.45% expense ratio, which is higher than DGRO's 0.08% expense ratio.
Risk-Adjusted Performance
FSKGX vs. DGRO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Strategies K6 Fund (FSKGX) and iShares Core Dividend Growth ETF (DGRO). 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
FSKGX vs. DGRO - Dividend Comparison
FSKGX's dividend yield for the trailing twelve months is around 0.25%, less than DGRO's 2.16% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
FSKGX Fidelity Growth Strategies K6 Fund | 0.25% | 0.32% | 0.27% | 0.00% | 0.11% | 0.50% | 0.85% | 0.30% | 0.00% | 0.00% | 0.00% |
DGRO iShares Core Dividend Growth ETF | 2.16% | 2.45% | 2.34% | 1.93% | 2.30% | 2.21% | 2.44% | 2.03% | 2.27% | 2.52% | 0.97% |
Drawdowns
FSKGX vs. DGRO - Drawdown Comparison
The maximum FSKGX drawdown since its inception was -49.53%, which is greater than DGRO's maximum drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for FSKGX and DGRO. For additional features, visit the drawdowns tool.
Volatility
FSKGX vs. DGRO - Volatility Comparison
Fidelity Growth Strategies K6 Fund (FSKGX) has a higher volatility of 6.09% compared to iShares Core Dividend Growth ETF (DGRO) at 3.35%. This indicates that FSKGX's price experiences larger fluctuations and is considered to be riskier than DGRO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.