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FTRNX vs. FMILX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FTRNX and FMILX is 0.91, 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.


-0.50.00.51.0
Correlation: 0.9

Performance

FTRNX vs. FMILX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Fidelity Trend Fund (FTRNX) and Fidelity New Millennium Fund (FMILX). The values are adjusted to include any dividend payments, if applicable.

1,000.00%2,000.00%3,000.00%4,000.00%5,000.00%6,000.00%7,000.00%NovemberDecember2025FebruaryMarchApril
1,006.16%
6,034.39%
FTRNX
FMILX

Key characteristics

Sharpe Ratio

FTRNX:

-0.16

FMILX:

0.45

Sortino Ratio

FTRNX:

0.00

FMILX:

0.76

Omega Ratio

FTRNX:

1.00

FMILX:

1.11

Calmar Ratio

FTRNX:

-0.13

FMILX:

0.46

Martin Ratio

FTRNX:

-0.35

FMILX:

1.75

Ulcer Index

FTRNX:

14.42%

FMILX:

5.40%

Daily Std Dev

FTRNX:

32.33%

FMILX:

21.02%

Max Drawdown

FTRNX:

-55.96%

FMILX:

-56.03%

Current Drawdown

FTRNX:

-30.23%

FMILX:

-12.21%

Returns By Period

In the year-to-date period, FTRNX achieves a -15.32% return, which is significantly lower than FMILX's -7.29% return. Over the past 10 years, FTRNX has underperformed FMILX with an annualized return of 5.92%, while FMILX has yielded a comparatively higher 10.22% annualized return.


FTRNX

YTD

-15.32%

1M

-6.04%

6M

-21.94%

1Y

-6.99%

5Y*

8.04%

10Y*

5.92%

FMILX

YTD

-7.29%

1M

-5.30%

6M

-5.59%

1Y

7.84%

5Y*

20.17%

10Y*

10.22%

*Annualized

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FTRNX vs. FMILX - Expense Ratio Comparison

FTRNX has a 0.73% expense ratio, which is higher than FMILX's 0.59% expense ratio.


Expense ratio chart for FTRNX: current value is 0.73%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FTRNX: 0.73%
Expense ratio chart for FMILX: current value is 0.59%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FMILX: 0.59%

Risk-Adjusted Performance

FTRNX vs. FMILX — Risk-Adjusted Performance Rank

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

FTRNX
The Risk-Adjusted Performance Rank of FTRNX is 1818
Overall Rank
The Sharpe Ratio Rank of FTRNX is 1616
Sharpe Ratio Rank
The Sortino Ratio Rank of FTRNX is 2020
Sortino Ratio Rank
The Omega Ratio Rank of FTRNX is 2020
Omega Ratio Rank
The Calmar Ratio Rank of FTRNX is 1515
Calmar Ratio Rank
The Martin Ratio Rank of FTRNX is 1717
Martin Ratio Rank

FMILX
The Risk-Adjusted Performance Rank of FMILX is 5656
Overall Rank
The Sharpe Ratio Rank of FMILX is 5353
Sharpe Ratio Rank
The Sortino Ratio Rank of FMILX is 5555
Sortino Ratio Rank
The Omega Ratio Rank of FMILX is 5656
Omega Ratio Rank
The Calmar Ratio Rank of FMILX is 6363
Calmar Ratio Rank
The Martin Ratio Rank of FMILX is 5555
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.

FTRNX vs. FMILX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Fidelity Trend Fund (FTRNX) and Fidelity New Millennium Fund (FMILX). 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 chart of Sharpe ratio for FTRNX, currently valued at -0.16, compared to the broader market-1.000.001.002.003.00
FTRNX: -0.16
FMILX: 0.45
The chart of Sortino ratio for FTRNX, currently valued at 0.00, compared to the broader market-2.000.002.004.006.008.00
FTRNX: 0.00
FMILX: 0.76
The chart of Omega ratio for FTRNX, currently valued at 1.00, compared to the broader market0.501.001.502.002.503.00
FTRNX: 1.00
FMILX: 1.11
The chart of Calmar ratio for FTRNX, currently valued at -0.13, compared to the broader market0.002.004.006.008.0010.00
FTRNX: -0.13
FMILX: 0.46
The chart of Martin ratio for FTRNX, currently valued at -0.35, compared to the broader market0.0010.0020.0030.0040.0050.00
FTRNX: -0.35
FMILX: 1.75

The current FTRNX Sharpe Ratio is -0.16, which is lower than the FMILX Sharpe Ratio of 0.45. The chart below compares the historical Sharpe Ratios of FTRNX and FMILX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
-0.16
0.45
FTRNX
FMILX

Dividends

FTRNX vs. FMILX - Dividend Comparison

FTRNX's dividend yield for the trailing twelve months is around 0.79%, less than FMILX's 3.93% yield.


TTM20242023202220212020201920182017201620152014
FTRNX
Fidelity Trend Fund
0.79%0.46%0.05%0.01%0.00%0.04%0.23%0.26%0.35%0.46%2.49%3.12%
FMILX
Fidelity New Millennium Fund
3.93%3.64%3.87%4.19%8.25%8.60%4.72%18.25%8.73%6.65%1.03%9.39%

Drawdowns

FTRNX vs. FMILX - Drawdown Comparison

The maximum FTRNX drawdown since its inception was -55.96%, roughly equal to the maximum FMILX drawdown of -56.03%. Use the drawdown chart below to compare losses from any high point for FTRNX and FMILX. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-30.23%
-12.21%
FTRNX
FMILX

Volatility

FTRNX vs. FMILX - Volatility Comparison

Fidelity Trend Fund (FTRNX) has a higher volatility of 18.69% compared to Fidelity New Millennium Fund (FMILX) at 14.44%. This indicates that FTRNX's price experiences larger fluctuations and is considered to be riskier than FMILX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
18.69%
14.44%
FTRNX
FMILX