FSPGX vs. BTC-USD
FSPGX (Fidelity Large Cap Growth Index Fund) is Large Cap Growth Equities fund managed by Fidelity, while BTC-USD (Bitcoin) is a cryptocurrency. Over the past 5 years, FSPGX returned 13.59%/yr vs 12.68%/yr for BTC-USD. At a 0.19 correlation, their price movements are largely independent.
Performance
FSPGX vs. BTC-USD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FSPGX achieves a 3.18% return, which is significantly higher than BTC-USD's -28.07% return.
FSPGX
- 1D
- -1.26%
- 1M
- -2.49%
- YTD
- 3.18%
- 6M
- 1.86%
- 1Y
- 19.95%
- 3Y*
- 22.60%
- 5Y*
- 13.59%
- 10Y*
- —
BTC-USD
- 1D
- -1.58%
- 1M
- -18.24%
- YTD
- -28.07%
- 6M
- -28.01%
- 1Y
- -40.30%
- 3Y*
- 27.25%
- 5Y*
- 12.68%
- 10Y*
- 57.41%
FSPGX vs. BTC-USD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FSPGX Fidelity Large Cap Growth Index Fund | 3.18% | 18.54% | 33.27% | 42.77% | -29.17% | 27.57% | 38.46% | 36.38% | -1.79% | 27.70% |
BTC-USD Bitcoin | -28.07% | -6.27% | 120.76% | 155.82% | -64.23% | 59.40% | 304.57% | 94.10% | -73.37% | 1,270.62% |
Correlation
The correlation between FSPGX and BTC-USD is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.23 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.19 |
The correlation between FSPGX and BTC-USD shifts across timeframes, from 0.19 (all time) to 0.32 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FSPGX vs. BTC-USD — Risk / Return Rank
FSPGX
BTC-USD
FSPGX vs. BTC-USD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Large Cap Growth Index Fund (FSPGX) and Bitcoin (BTC-USD). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FSPGX | BTC-USD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.26 | ||
| Sortino ratioReturn per unit of downside risk | +3.16 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 0.86 | +0.37 |
| Calmar ratioReturn relative to maximum drawdown | 1.32 | -0.79 | +2.11 |
| Martin ratioReturn relative to average drawdown | 4.33 | -1.32 | +5.65 |
Loading charts...
Drawdowns
FSPGX vs. BTC-USD - Drawdown Comparison
The maximum FSPGX drawdown since its inception was -32.66%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for FSPGX and BTC-USD.
Loading charts...
Drawdown Indicators
| FSPGX | BTC-USD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -32.66% | -85.30% | +52.64% |
Max Drawdown (1Y)Largest decline over 1 year | -16.17% | -51.21% | +35.04% |
Max Drawdown (3Y)Largest decline over 3 years | -23.32% | -51.21% | +27.89% |
Max Drawdown (5Y)Largest decline over 5 years | -32.66% | -76.67% | +44.01% |
Max Drawdown (10Y)Largest decline over 10 years | — | -83.80% | — |
Current DrawdownCurrent decline from peak | -5.35% | -49.54% | +44.19% |
Average DrawdownAverage peak-to-trough decline | -6.36% | -42.40% | +36.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.92% | 31.29% | -26.37% |
Volatility
FSPGX vs. BTC-USD - Volatility Comparison
The current volatility for Fidelity Large Cap Growth Index Fund (FSPGX) is 5.94%, while Bitcoin (BTC-USD) has a volatility of 12.23%. This indicates that FSPGX experiences smaller price fluctuations and is considered to be less risky than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FSPGX | BTC-USD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.94% | 12.23% | -6.29% |
Volatility (6M)Calculated over the trailing 6-month period | 12.61% | 34.57% | -21.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.21% | 35.70% | -19.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 21.61% | 44.26% | -22.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.56% | 56.41% | -34.85% |
Frequently Asked Questions
FSPGX and BTC-USD have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BTC-USD has higher volatility (12.23%) compared to FSPGX (5.94%). In terms of maximum drawdown, FSPGX dropped -32.66% vs BTC-USD's -85.30%.
FSPGX currently has the higher Sharpe Ratio (1.32 vs -0.94), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for FSPGX and BTC-USD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer