FTQGX vs. FDSVX
Compare and contrast key facts about Fidelity Focused Stock Fund (FTQGX) and Fidelity Growth Discovery Fund (FDSVX).
FTQGX is managed by Fidelity. It was launched on Nov 12, 1996. FDSVX is managed by Fidelity. It was launched on Mar 31, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FTQGX or FDSVX.
Key characteristics
| FTQGX | FDSVX | |
|---|---|---|
| YTD Return | 29.28% | 24.61% |
| 1Y Return | 37.12% | 37.21% |
| 3Y Return (Ann) | 8.55% | 9.77% |
| 5Y Return (Ann) | 17.59% | 19.79% |
| 10Y Return (Ann) | 14.83% | 15.84% |
| Sharpe Ratio | 1.88 | 2.27 |
| Daily Std Dev | 19.87% | 16.27% |
| Max Drawdown | -61.00% | -59.34% |
| Current Drawdown | -4.49% | -2.56% |
Correlation
The correlation between FTQGX and FDSVX is 0.92, 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
FTQGX vs. FDSVX - Performance Comparison
In the year-to-date period, FTQGX achieves a 29.28% return, which is significantly higher than FDSVX's 24.61% return. Over the past 10 years, FTQGX has underperformed FDSVX with an annualized return of 14.83%, while FDSVX has yielded a comparatively higher 15.84% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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FTQGX vs. FDSVX - Expense Ratio Comparison
FTQGX has a 0.86% expense ratio, which is higher than FDSVX's 0.77% expense ratio.
Risk-Adjusted Performance
FTQGX vs. FDSVX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Focused Stock Fund (FTQGX) and Fidelity Growth Discovery Fund (FDSVX). 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
FTQGX vs. FDSVX - Dividend Comparison
FTQGX's dividend yield for the trailing twelve months is around 0.47%, less than FDSVX's 9.46% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FTQGX Fidelity Focused Stock Fund | 0.47% | 0.61% | 7.96% | 13.53% | 11.41% | 5.07% | 14.71% | 6.34% | 1.08% | 6.16% | 10.44% | 5.74% |
FDSVX Fidelity Growth Discovery Fund | 9.46% | 2.55% | 3.65% | 13.46% | 9.65% | 4.28% | 5.02% | 4.94% | 0.09% | 0.12% | 0.10% | 0.24% |
Drawdowns
FTQGX vs. FDSVX - Drawdown Comparison
The maximum FTQGX drawdown since its inception was -61.00%, roughly equal to the maximum FDSVX drawdown of -59.34%. Use the drawdown chart below to compare losses from any high point for FTQGX and FDSVX. For additional features, visit the drawdowns tool.
Volatility
FTQGX vs. FDSVX - Volatility Comparison
Fidelity Focused Stock Fund (FTQGX) has a higher volatility of 5.91% compared to Fidelity Growth Discovery Fund (FDSVX) at 4.82%. This indicates that FTQGX's price experiences larger fluctuations and is considered to be riskier than FDSVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.