FVWSX vs. CHAIX
FVWSX (Fidelity Series Opportunistic Insights Fund) and CHAIX (Chase Growth Fund Institutional Class) are both Large Cap Growth Equities funds. Over the past 10 years, FVWSX returned 17.76%/yr vs 17.99%/yr for CHAIX. Their correlation of 0.92 suggests significant overlap in exposure. FVWSX charges 0.00%/yr vs 1.00%/yr for CHAIX.
Performance
FVWSX vs. CHAIX - Performance Comparison
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Returns By Period
In the year-to-date period, FVWSX achieves a 11.18% return, which is significantly lower than CHAIX's 26.75% return. Both investments have delivered pretty close results over the past 10 years, with FVWSX having a 17.76% annualized return and CHAIX not far ahead at 17.99%.
FVWSX
- 1D
- 0.32%
- 1M
- 1.87%
- 6M
- 9.21%
- YTD
- 11.18%
- 1Y
- 22.25%
- 3Y*
- 27.43%
- 5Y*
- 14.59%
- 10Y*
- 17.76%
CHAIX
- 1D
- -0.36%
- 1M
- 2.25%
- 6M
- 23.04%
- YTD
- 26.75%
- 1Y
- 45.91%
- 3Y*
- 32.52%
- 5Y*
- 17.77%
- 10Y*
- 17.99%
FVWSX vs. CHAIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FVWSX Fidelity Series Opportunistic Insights Fund | 11.18% | 22.69% | 36.47% | 33.21% | -25.74% | 24.95% | 31.17% | 30.57% | -2.07% | 33.19% |
CHAIX Chase Growth Fund Institutional Class | 26.75% | 20.67% | 38.77% | 26.00% | -20.32% | 22.36% | 18.41% | 41.69% | -3.87% | 24.73% |
Correlation
The correlation between FVWSX and CHAIX is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.83 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.89 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.91 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Dec 11, 2012 | 0.92 |
The correlation between FVWSX and CHAIX has been stable across timeframes, ranging from 0.83 to 0.92 - a consistent structural relationship.
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Return for Risk
FVWSX vs. CHAIX — Risk / Return Rank
FVWSX
CHAIX
FVWSX vs. CHAIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Series Opportunistic Insights Fund (FVWSX) and Chase Growth Fund Institutional Class (CHAIX). 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.
| FVWSX | CHAIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.03 | ||
| Sortino ratioReturn per unit of downside risk | -1.22 | ||
| Omega ratioGain probability vs. loss probability | 1.26 | 1.41 | -0.15 |
| Calmar ratioReturn relative to maximum drawdown | 2.09 | 4.62 | -2.54 |
| Martin ratioReturn relative to average drawdown | 8.80 | 18.75 | -9.95 |
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Drawdowns
FVWSX vs. CHAIX - Drawdown Comparison
The maximum FVWSX drawdown since its inception was -31.69%, smaller than the maximum CHAIX drawdown of -50.61%. Use the drawdown chart below to compare losses from any high point for FVWSX and CHAIX.
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Drawdown Indicators
| FVWSX | CHAIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.69% | -50.61% | +18.92% |
Max Drawdown (1Y)Largest decline over 1 year | -10.52% | -9.86% | -0.66% |
Max Drawdown (3Y)Largest decline over 3 years | -20.23% | -23.40% | +3.17% |
Max Drawdown (5Y)Largest decline over 5 years | -31.69% | -24.58% | -7.11% |
Max Drawdown (10Y)Largest decline over 10 years | -31.69% | -30.36% | -1.33% |
Current DrawdownCurrent decline from peak | -1.32% | -0.36% | -0.96% |
Average DrawdownAverage peak-to-trough decline | -5.25% | -10.35% | +5.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.49% | 2.43% | +0.06% |
Volatility
FVWSX vs. CHAIX - Volatility Comparison
Fidelity Series Opportunistic Insights Fund (FVWSX) and Chase Growth Fund Institutional Class (CHAIX) have volatilities of 6.37% and 6.58%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| FVWSX | CHAIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.37% | 6.58% | -0.21% |
Volatility (6M)Calculated over the trailing 6-month period | 12.50% | 14.64% | -2.14% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.44% | 18.60% | -3.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.01% | 18.78% | +0.23% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.42% | 19.10% | +0.32% |
FVWSX vs. CHAIX - Expense Ratio Comparison
FVWSX has a 0.00% expense ratio, which is lower than CHAIX's 1.00% expense ratio.
Dividends
FVWSX vs. CHAIX - Dividend Comparison
FVWSX's dividend yield for the trailing twelve months is around 14.69%, more than CHAIX's 6.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CHAIX Chase Growth Fund Institutional Class | 6.47% | 8.20% | 18.32% | 5.36% | 5.09% | 18.78% | 7.39% | 21.65% | 12.33% | 11.44% | 8.83% | 9.93% |
FVWSX Fidelity Series Opportunistic Insights Fund | 14.69% | 16.24% | 6.57% | 1.02% | 8.29% | 21.40% | 16.45% | 9.19% | 12.34% | 12.74% | 2.63% | 7.00% |
Frequently Asked Questions
FVWSX and CHAIX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CHAIX has higher volatility (6.58%) compared to FVWSX (6.37%). In terms of maximum drawdown, FVWSX dropped -31.69% vs CHAIX's -50.61%.
CHAIX currently has the higher Sharpe Ratio (2.45 vs 1.42), 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.
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