FWOMX vs. MGK
Compare and contrast key facts about Fidelity Women's Leadership Fund (FWOMX) and Vanguard Mega Cap Growth ETF (MGK).
FWOMX is managed by Fidelity. It was launched on May 1, 2019. MGK is a passively managed fund by Vanguard that tracks the performance of the MSCI US Large Cap Growth Index. It was launched on Dec 17, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FWOMX or MGK.
Correlation
The correlation between FWOMX and MGK is 0.86, 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
FWOMX vs. MGK - Performance Comparison
Key characteristics
FWOMX:
0.79
MGK:
1.45
FWOMX:
1.13
MGK:
1.96
FWOMX:
1.15
MGK:
1.26
FWOMX:
1.14
MGK:
1.96
FWOMX:
3.67
MGK:
7.16
FWOMX:
2.86%
MGK:
3.71%
FWOMX:
13.31%
MGK:
18.31%
FWOMX:
-36.47%
MGK:
-48.36%
FWOMX:
-4.99%
MGK:
-2.67%
Returns By Period
In the year-to-date period, FWOMX achieves a 1.18% return, which is significantly lower than MGK's 1.32% return.
FWOMX
1.18%
-3.21%
1.38%
8.53%
8.76%
N/A
MGK
1.32%
-1.80%
10.17%
23.00%
17.82%
16.19%
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FWOMX vs. MGK - Expense Ratio Comparison
FWOMX has a 0.90% expense ratio, which is higher than MGK's 0.07% expense ratio.
Risk-Adjusted Performance
FWOMX vs. MGK — Risk-Adjusted Performance Rank
FWOMX
MGK
FWOMX vs. MGK - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Fidelity Women's Leadership Fund (FWOMX) and Vanguard Mega Cap Growth ETF (MGK). 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
FWOMX vs. MGK - Dividend Comparison
FWOMX's dividend yield for the trailing twelve months is around 0.45%, more than MGK's 0.42% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FWOMX Fidelity Women's Leadership Fund | 0.45% | 0.46% | 0.57% | 0.62% | 0.13% | 0.21% | 0.27% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
MGK Vanguard Mega Cap Growth ETF | 0.42% | 0.43% | 0.50% | 0.70% | 0.41% | 0.65% | 0.85% | 1.12% | 1.23% | 1.53% | 1.43% | 1.25% |
Drawdowns
FWOMX vs. MGK - Drawdown Comparison
The maximum FWOMX drawdown since its inception was -36.47%, smaller than the maximum MGK drawdown of -48.36%. Use the drawdown chart below to compare losses from any high point for FWOMX and MGK. For additional features, visit the drawdowns tool.
Volatility
FWOMX vs. MGK - Volatility Comparison
The current volatility for Fidelity Women's Leadership Fund (FWOMX) is 3.43%, while Vanguard Mega Cap Growth ETF (MGK) has a volatility of 5.39%. This indicates that FWOMX experiences smaller price fluctuations and is considered to be less risky than MGK based on this measure. The chart below showcases a comparison of their rolling one-month volatility.