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FSKGX vs. EEOFX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

FSKGX vs. EEOFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Growth Strategies K6 Fund (FSKGX) and Essex Environmental Opportunities Fund (EEOFX). The values are adjusted to include any dividend payments, if applicable.

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FSKGX vs. EEOFX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
FSKGX
Fidelity Growth Strategies K6 Fund
-3.00%7.82%20.04%21.58%-26.20%21.62%29.50%36.90%-6.89%9.12%
EEOFX
Essex Environmental Opportunities Fund
0.37%23.55%1.32%-1.53%-27.88%10.83%62.80%25.43%-15.79%3.20%

Returns By Period

In the year-to-date period, FSKGX achieves a -3.00% return, which is significantly lower than EEOFX's 0.37% return.


FSKGX

1D
4.35%
1M
-8.19%
YTD
-3.00%
6M
-10.00%
1Y
12.02%
3Y*
12.09%
5Y*
6.02%
10Y*

EEOFX

1D
3.58%
1M
-6.79%
YTD
0.37%
6M
-0.31%
1Y
33.61%
3Y*
5.36%
5Y*
-1.61%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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FSKGX vs. EEOFX - Expense Ratio Comparison

FSKGX has a 0.45% expense ratio, which is lower than EEOFX's 2.11% expense ratio.


Return for Risk

FSKGX vs. EEOFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FSKGX
FSKGX Risk / Return Rank: 1818
Overall Rank
FSKGX Sharpe Ratio Rank: 1818
Sharpe Ratio Rank
FSKGX Sortino Ratio Rank: 1919
Sortino Ratio Rank
FSKGX Omega Ratio Rank: 1818
Omega Ratio Rank
FSKGX Calmar Ratio Rank: 2020
Calmar Ratio Rank
FSKGX Martin Ratio Rank: 1717
Martin Ratio Rank

EEOFX
EEOFX Risk / Return Rank: 7575
Overall Rank
EEOFX Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
EEOFX Sortino Ratio Rank: 8080
Sortino Ratio Rank
EEOFX Omega Ratio Rank: 6767
Omega Ratio Rank
EEOFX Calmar Ratio Rank: 8181
Calmar Ratio Rank
EEOFX Martin Ratio Rank: 6767
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FSKGX vs. EEOFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Strategies K6 Fund (FSKGX) and Essex Environmental Opportunities Fund (EEOFX). 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.


FSKGXEEOFXDifference

Sharpe ratio

Return per unit of total volatility

0.53

1.52

-0.99

Sortino ratio

Return per unit of downside risk

0.90

2.12

-1.22

Omega ratio

Gain probability vs. loss probability

1.12

1.27

-0.15

Calmar ratio

Return relative to maximum drawdown

0.65

2.09

-1.43

Martin ratio

Return relative to average drawdown

2.00

6.79

-4.79

FSKGX vs. EEOFX - Sharpe Ratio Comparison

The current FSKGX Sharpe Ratio is 0.53, which is lower than the EEOFX Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of FSKGX and EEOFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


FSKGXEEOFXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.53

1.52

-0.99

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.26

-0.07

+0.33

Sharpe Ratio (All Time)

Calculated using the full available price history

0.48

0.28

+0.20

Correlation

The correlation between FSKGX and EEOFX is 0.79, 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.


Dividends

FSKGX vs. EEOFX - Dividend Comparison

FSKGX has not paid dividends to shareholders, while EEOFX's dividend yield for the trailing twelve months is around 0.06%.


TTM202520242023202220212020201920182017
FSKGX
Fidelity Growth Strategies K6 Fund
0.00%0.00%0.00%1.37%0.27%26.04%2.53%0.50%0.85%0.30%
EEOFX
Essex Environmental Opportunities Fund
0.06%0.06%0.00%0.00%0.01%6.63%1.62%0.00%0.00%0.00%

Drawdowns

FSKGX vs. EEOFX - Drawdown Comparison

The maximum FSKGX drawdown since its inception was -36.51%, smaller than the maximum EEOFX drawdown of -50.17%. Use the drawdown chart below to compare losses from any high point for FSKGX and EEOFX.


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Drawdown Indicators


FSKGXEEOFXDifference

Max Drawdown

Largest peak-to-trough decline

-36.51%

-50.17%

+13.66%

Max Drawdown (1Y)

Largest decline over 1 year

-16.39%

-13.49%

-2.90%

Max Drawdown (5Y)

Largest decline over 5 years

-36.51%

-50.17%

+13.66%

Current Drawdown

Current decline from peak

-12.76%

-22.58%

+9.82%

Average Drawdown

Average peak-to-trough decline

-9.05%

-19.83%

+10.78%

Ulcer Index

Depth and duration of drawdowns from previous peaks

5.34%

4.28%

+1.06%

Volatility

FSKGX vs. EEOFX - Volatility Comparison

Fidelity Growth Strategies K6 Fund (FSKGX) has a higher volatility of 8.96% compared to Essex Environmental Opportunities Fund (EEOFX) at 7.95%. This indicates that FSKGX's price experiences larger fluctuations and is considered to be riskier than EEOFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


FSKGXEEOFXDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.96%

7.95%

+1.01%

Volatility (6M)

Calculated over the trailing 6-month period

16.53%

16.62%

-0.09%

Volatility (1Y)

Calculated over the trailing 1-year period

25.48%

23.25%

+2.23%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

22.89%

24.89%

-2.00%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.82%

24.72%

-1.90%