FSKGX vs. PMAQX
Compare and contrast key facts about Fidelity Growth Strategies K6 Fund (FSKGX) and Principal MidCap R6 (PMAQX).
FSKGX is managed by Fidelity. It was launched on May 25, 2017. PMAQX is managed by Principal Funds. It was launched on Nov 22, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSKGX or PMAQX.
Correlation
The correlation between FSKGX and PMAQX is 0.88, 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. PMAQX - Performance Comparison
Key characteristics
FSKGX:
1.08
PMAQX:
1.12
FSKGX:
1.48
PMAQX:
1.55
FSKGX:
1.20
PMAQX:
1.20
FSKGX:
0.69
PMAQX:
1.18
FSKGX:
4.33
PMAQX:
3.99
FSKGX:
4.78%
PMAQX:
4.04%
FSKGX:
19.22%
PMAQX:
14.38%
FSKGX:
-49.53%
PMAQX:
-40.56%
FSKGX:
-13.75%
PMAQX:
-6.68%
Returns By Period
In the year-to-date period, FSKGX achieves a 6.09% return, which is significantly higher than PMAQX's 3.63% return.
FSKGX
6.09%
-1.55%
12.85%
21.89%
5.47%
N/A
PMAQX
3.63%
0.06%
5.93%
16.41%
6.93%
N/A
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FSKGX vs. PMAQX - Expense Ratio Comparison
FSKGX has a 0.45% expense ratio, which is lower than PMAQX's 0.60% expense ratio.
Risk-Adjusted Performance
FSKGX vs. PMAQX — Risk-Adjusted Performance Rank
FSKGX
PMAQX
FSKGX vs. PMAQX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Growth Strategies K6 Fund (FSKGX) and Principal MidCap R6 (PMAQX). 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. PMAQX - Dividend Comparison
FSKGX's dividend yield for the trailing twelve months is around 0.15%, less than PMAQX's 0.20% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSKGX Fidelity Growth Strategies K6 Fund | 0.15% | 0.16% | 0.32% | 0.27% | 0.00% | 0.11% | 0.50% | 0.85% | 0.30% | 0.00% |
PMAQX Principal MidCap R6 | 0.20% | 0.20% | 0.11% | 0.00% | 0.00% | 0.00% | 0.58% | 0.20% | 0.13% | 2.56% |
Drawdowns
FSKGX vs. PMAQX - Drawdown Comparison
The maximum FSKGX drawdown since its inception was -49.53%, which is greater than PMAQX's maximum drawdown of -40.56%. Use the drawdown chart below to compare losses from any high point for FSKGX and PMAQX. For additional features, visit the drawdowns tool.
Volatility
FSKGX vs. PMAQX - Volatility Comparison
Fidelity Growth Strategies K6 Fund (FSKGX) has a higher volatility of 6.55% compared to Principal MidCap R6 (PMAQX) at 3.05%. This indicates that FSKGX's price experiences larger fluctuations and is considered to be riskier than PMAQX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.