FTQGX vs. FSST

Last updated Jun 4, 2026

FTQGX (Fidelity Focused Stock Fund) and FSST (Fidelity Sustainability U.S. Equity ETF) are both funds - FTQGX is a Large Cap Growth Equities fund managed by Fidelity, while FSST is a Sustainable fund tracking the Russell 3000. Their correlation of 0.84 suggests significant overlap in exposure. FTQGX charges 0.86%/yr vs 0.59%/yr for FSST.

Performance

FTQGX vs. FSST - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Focused Stock Fund (FTQGX) and Fidelity Sustainability U.S. Equity ETF (FSST). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

FTQGX

• 1D: 1.30%
• 1M: 10.43%
• YTD: 26.34%
• 6M: 25.73%
• 1Y: 52.54%
• 3Y*: 30.42%
• 5Y*: 16.78%
• 10Y*: 19.07%

FSST

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

FTQGX vs. FSST - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FTQGX Fidelity Focused Stock Fund	26.34%	13.65%	36.95%	28.94%	-26.68%	13.13%
FSST Fidelity Sustainability U.S. Equity ETF	0.00%	15.40%	21.40%	25.49%	-18.30%	12.81%

Correlation

The correlation between FTQGX and FSST is 0.46, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.46
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (All Time) Calculated using the full available price history since Jun 18, 2021	0.84

Over the past year, the correlation between FTQGX and FSST has dropped to 0.46 - well below their long-term average of 0.84, suggesting their price drivers have been diverging.

Return for Risk

FTQGX vs. FSST — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FTQGX

FTQGX Risk / Return Rank: 80
FTQGX Sharpe Ratio Rank: 84
FTQGX Sortino Ratio Rank: 69
FTQGX Omega Ratio Rank: 67
FTQGX Calmar Ratio Rank: 87
FTQGX Martin Ratio Rank: 90

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FTQGX vs. FSST - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Focused Stock Fund (FTQGX) and Fidelity Sustainability U.S. Equity ETF (FSST). 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.

	FTQGX	FSST	Difference
Sharpe ratio: Return per unit of total volatility	2.72	—	—
Sortino ratio: Return per unit of downside risk	3.47	—	—
Omega ratio: Gain probability vs. loss probability	1.46	—	—
Calmar ratio: Return relative to maximum drawdown	4.24	—	—
Martin ratio: Return relative to average drawdown	18.25	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	FTQGX	FSST	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.72	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.78	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.89	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	—	—

Drawdowns

Drawdown Indicators

	FTQGX	FSST	Difference
Max Drawdown Largest peak-to-trough decline	-61.29%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-12.76%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-26.84%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-32.31%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-32.31%	—	—
Current Drawdown Current decline from peak	0.00%	—	—
Average Drawdown Average peak-to-trough decline	-14.19%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	2.96%	—	—

Volatility

Volatility by Period

	FTQGX	FSST	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.14%	—	—
Volatility (6M) Calculated over the trailing 6-month period	15.42%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	19.91%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.67%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.57%	—	—

FTQGX vs. FSST - Expense Ratio Comparison

FTQGX has a 0.86% expense ratio, which is higher than FSST's 0.59% expense ratio.

Dividends

FTQGX vs. FSST - Dividend Comparison

FTQGX's dividend yield for the trailing twelve months is around 9.85%, more than FSST's 0.14% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSST Fidelity Sustainability U.S. Equity ETF	0.14%	0.19%	2.01%	0.68%	1.00%	0.34%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
FTQGX Fidelity Focused Stock Fund	9.85%	12.44%	9.94%	0.61%	7.96%	13.53%	11.41%	5.07%	14.71%	5.89%	1.08%	5.91%

Frequently Asked Questions

Can I hold both FTQGX and FSST in my portfolio?

FTQGX and FSST have a correlation of 0.46, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.