FSKGX vs. IVOO
Compare and contrast key facts about Fidelity Growth Strategies K6 Fund (FSKGX) and Vanguard S&P Mid-Cap 400 ETF (IVOO).
FSKGX is managed by Fidelity. It was launched on May 25, 2017. IVOO is a passively managed fund by Vanguard that tracks the performance of the S&P MidCap 400 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSKGX or IVOO.
Correlation
The correlation between FSKGX and IVOO is 0.82, 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. IVOO - Performance Comparison
Key characteristics
FSKGX:
0.02
IVOO:
-0.11
FSKGX:
0.21
IVOO:
-0.01
FSKGX:
1.03
IVOO:
1.00
FSKGX:
0.02
IVOO:
-0.10
FSKGX:
0.06
IVOO:
-0.36
FSKGX:
9.38%
IVOO:
6.63%
FSKGX:
26.61%
IVOO:
21.35%
FSKGX:
-49.53%
IVOO:
-42.33%
FSKGX:
-26.69%
IVOO:
-18.63%
Returns By Period
In the year-to-date period, FSKGX achieves a -9.83% return, which is significantly higher than IVOO's -11.74% return.
FSKGX
-9.83%
-4.55%
-12.58%
1.97%
4.83%
N/A
IVOO
-11.74%
-7.93%
-13.45%
-1.34%
13.63%
7.65%
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FSKGX vs. IVOO - Expense Ratio Comparison
FSKGX has a 0.45% expense ratio, which is higher than IVOO's 0.10% expense ratio.
Risk-Adjusted Performance
FSKGX vs. IVOO — Risk-Adjusted Performance Rank
FSKGX
IVOO
FSKGX vs. IVOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Strategies K6 Fund (FSKGX) and Vanguard S&P Mid-Cap 400 ETF (IVOO). 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. IVOO - Dividend Comparison
FSKGX's dividend yield for the trailing twelve months is around 0.17%, less than IVOO's 1.80% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FSKGX Fidelity Growth Strategies K6 Fund | 0.17% | 0.16% | 0.32% | 0.27% | 0.00% | 0.11% | 0.50% | 0.85% | 0.30% | 0.00% | 0.00% | 0.00% |
IVOO Vanguard S&P Mid-Cap 400 ETF | 1.80% | 1.48% | 1.25% | 1.58% | 1.14% | 1.23% | 1.49% | 1.56% | 1.22% | 1.37% | 1.45% | 1.26% |
Drawdowns
FSKGX vs. IVOO - Drawdown Comparison
The maximum FSKGX drawdown since its inception was -49.53%, which is greater than IVOO's maximum drawdown of -42.33%. Use the drawdown chart below to compare losses from any high point for FSKGX and IVOO. For additional features, visit the drawdowns tool.
Volatility
FSKGX vs. IVOO - Volatility Comparison
Fidelity Growth Strategies K6 Fund (FSKGX) has a higher volatility of 16.27% compared to Vanguard S&P Mid-Cap 400 ETF (IVOO) at 14.35%. This indicates that FSKGX's price experiences larger fluctuations and is considered to be riskier than IVOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.