FTQGX vs. TBLD

Last updated Apr 2, 2026

Compare and contrast key facts about Fidelity Focused Stock Fund (FTQGX) and Thornburg Income Builder Opportunities Trust Common Stock (TBLD).

FTQGX is managed by Fidelity. It was launched on Nov 12, 1996.

Performance

FTQGX vs. TBLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Focused Stock Fund (FTQGX) and Thornburg Income Builder Opportunities Trust Common Stock (TBLD). The values are adjusted to include any dividend payments, if applicable.

FTQGX vs. TBLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
FTQGX Fidelity Focused Stock Fund	-3.60%	13.65%	36.95%	28.94%	-26.68%	8.17%
TBLD Thornburg Income Builder Opportunities Trust Common Stock	7.39%	31.88%	14.02%	18.01%	-17.47%	-4.15%

Returns By Period

In the year-to-date period, FTQGX achieves a -3.60% return, which is significantly lower than TBLD's 7.39% return.

FTQGX

• 1D: 4.49%
• 1M: -6.47%
• YTD: -3.60%
• 6M: -2.07%
• 1Y: 22.91%
• 3Y*: 22.32%
• 5Y*: 11.62%
• 10Y*: 16.07%

TBLD

• 1D: 1.11%
• 1M: -3.66%
• YTD: 7.39%
• 6M: 10.41%
• 1Y: 27.71%
• 3Y*: 19.52%
• 5Y*: —
• 10Y*: —

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

Return for Risk

FTQGX vs. TBLD — Risk / Return Rank

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

FTQGX

FTQGX Risk / Return Rank: 59
FTQGX Sharpe Ratio Rank: 50
FTQGX Sortino Ratio Rank: 53
FTQGX Omega Ratio Rank: 48
FTQGX Calmar Ratio Rank: 76
FTQGX Martin Ratio Rank: 69

TBLD

TBLD Risk / Return Rank: 88
TBLD Sharpe Ratio Rank: 90
TBLD Sortino Ratio Rank: 86
TBLD Omega Ratio Rank: 90
TBLD Calmar Ratio Rank: 87
TBLD Martin Ratio Rank: 89

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. TBLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Focused Stock Fund (FTQGX) and Thornburg Income Builder Opportunities Trust Common Stock (TBLD). 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	TBLD	Difference
Sharpe ratio Return per unit of total volatility	1.01	1.98	-0.97
Sortino ratio Return per unit of downside risk	1.50	2.53	-1.03
Omega ratio Gain probability vs. loss probability	1.21	1.40	-0.19
Calmar ratio Return relative to maximum drawdown	1.84	3.45	-1.62
Martin ratio Return relative to average drawdown	6.63	10.66	-4.03
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FTQGX vs. TBLD - Sharpe Ratio Comparison

The current FTQGX Sharpe Ratio is 1.01, which is lower than the TBLD Sharpe Ratio of 1.98. The chart below compares the historical Sharpe Ratios of FTQGX and TBLD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	FTQGX	TBLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.01	1.98	-0.97
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.75	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.47	0.61	-0.15

Correlation

The correlation between FTQGX and TBLD is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

FTQGX vs. TBLD - Dividend Comparison

FTQGX's dividend yield for the trailing twelve months is around 12.91%, more than TBLD's 5.85% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FTQGX Fidelity Focused Stock Fund	12.91%	12.44%	9.94%	0.61%	7.96%	13.53%	11.41%	5.07%	14.71%	5.89%	1.08%	5.91%
TBLD Thornburg Income Builder Opportunities Trust Common Stock	5.85%	6.22%	8.32%	8.06%	8.02%	2.79%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

FTQGX vs. TBLD - Drawdown Comparison

The maximum FTQGX drawdown since its inception was -61.29%, which is greater than TBLD's maximum drawdown of -33.65%. Use the drawdown chart below to compare losses from any high point for FTQGX and TBLD.

Drawdown Indicators

	FTQGX	TBLD	Difference
Max Drawdown Largest peak-to-trough decline	-61.29%	-33.65%	-27.64%
Max Drawdown (1Y) Largest decline over 1 year	-12.76%	-7.82%	-4.94%
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	-8.84%	-5.06%	-3.78%
Average Drawdown Average peak-to-trough decline	-14.27%	-9.32%	-4.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.54%	2.53%	+1.01%

Volatility

FTQGX vs. TBLD - Volatility Comparison

Fidelity Focused Stock Fund (FTQGX) has a higher volatility of 8.61% compared to Thornburg Income Builder Opportunities Trust Common Stock (TBLD) at 5.52%. This indicates that FTQGX's price experiences larger fluctuations and is considered to be riskier than TBLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	FTQGX	TBLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.61%	5.52%	+3.09%
Volatility (6M) Calculated over the trailing 6-month period	15.19%	8.03%	+7.16%
Volatility (1Y) Calculated over the trailing 1-year period	23.74%	14.10%	+9.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.44%	15.08%	+6.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.38%	15.08%	+6.30%