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FSKGX vs. PMAQX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

FSKGX vs. PMAQX

Last updated May 20, 2025

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

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Growth Strategies K6 Fund (FSKGX) and Principal MidCap R6 (PMAQX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FSKGX:

0.56

PMAQX:

0.63

Sortino Ratio

FSKGX:

0.90

PMAQX:

0.97

Omega Ratio

FSKGX:

1.13

PMAQX:

1.13

Calmar Ratio

FSKGX:

0.45

PMAQX:

0.61

Martin Ratio

FSKGX:

1.44

PMAQX:

1.79

Ulcer Index

FSKGX:

10.40%

PMAQX:

6.60%

Daily Std Dev

FSKGX:

27.73%

PMAQX:

19.39%

Max Drawdown

FSKGX:

-49.53%

PMAQX:

-40.56%

Current Drawdown

FSKGX:

-11.98%

PMAQX:

-5.03%

Returns By Period

In the year-to-date period, FSKGX achieves a 8.26% return, which is significantly higher than PMAQX's 5.47% return.

FSKGX

YTD

8.26%

1M

20.06%

6M

-0.42%

1Y

15.38%

3Y*

17.56%

5Y*

7.26%

10Y*

N/A

PMAQX

YTD

5.47%

1M

10.31%

6M

-0.56%

1Y

12.06%

3Y*

14.07%

5Y*

11.46%

10Y*

N/A

*Annualized

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Fidelity Growth Strategies K6 Fund

Principal MidCap R6

FSKGX vs. PMAQX - Expense Ratio Comparison

FSKGX has a 0.45% expense ratio, which is lower than PMAQX's 0.60% expense ratio.

PMAQX
Principal MidCap R6
FSKGX
Fidelity Growth Strategies K6 Fund

Risk-Adjusted Performance

FSKGX vs. PMAQX — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FSKGX
The Risk-Adjusted Performance Rank of FSKGX is 5353
Overall Rank
The Sharpe Ratio Rank of FSKGX is 5555
Sharpe Ratio Rank
The Sortino Ratio Rank of FSKGX is 5555
Sortino Ratio Rank
The Omega Ratio Rank of FSKGX is 5454
Omega Ratio Rank
The Calmar Ratio Rank of FSKGX is 5656
Calmar Ratio Rank
The Martin Ratio Rank of FSKGX is 4545
Martin Ratio Rank
PMAQX
The Risk-Adjusted Performance Rank of PMAQX is 5858
Overall Rank
The Sharpe Ratio Rank of PMAQX is 6060
Sharpe Ratio Rank
The Sortino Ratio Rank of PMAQX is 5858
Sortino Ratio Rank
The Omega Ratio Rank of PMAQX is 5555
Omega Ratio Rank
The Calmar Ratio Rank of PMAQX is 6767
Calmar Ratio Rank
The Martin Ratio Rank of PMAQX is 5252
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.

The current FSKGX Sharpe Ratio is 0.56, which is comparable to the PMAQX Sharpe Ratio of 0.63. The chart below compares the historical Sharpe Ratios of FSKGX and PMAQX, 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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Dividends

FSKGX vs. PMAQX - Dividend Comparison

FSKGX's dividend yield for the trailing twelve months is around 0.14%, less than PMAQX's 0.19% yield.

TTM202420232022202120202019201820172016
FSKGX
Fidelity Growth Strategies K6 Fund		0.14%0.16%0.32%0.27%0.00%0.11%0.50%0.85%0.30%0.00%
PMAQX
Principal MidCap R6		0.19%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.

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Volatility

FSKGX vs. PMAQX - Volatility Comparison

Fidelity Growth Strategies K6 Fund (FSKGX) has a higher volatility of 7.61% compared to Principal MidCap R6 (PMAQX) at 5.34%. 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.

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