GWPAX vs. FXAIX
Compare and contrast key facts about American Funds Growth Portfolio Class A (GWPAX) and Fidelity 500 Index Fund (FXAIX).
GWPAX is managed by American Funds. It was launched on May 18, 2012. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GWPAX or FXAIX.
Correlation
The correlation between GWPAX and FXAIX is 0.94, 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
GWPAX vs. FXAIX - Performance Comparison
Key characteristics
GWPAX:
-0.51
FXAIX:
-0.04
GWPAX:
-0.54
FXAIX:
0.05
GWPAX:
0.92
FXAIX:
1.01
GWPAX:
-0.42
FXAIX:
-0.04
GWPAX:
-1.68
FXAIX:
-0.19
GWPAX:
5.44%
FXAIX:
3.50%
GWPAX:
18.00%
FXAIX:
16.02%
GWPAX:
-38.55%
FXAIX:
-33.79%
GWPAX:
-21.74%
FXAIX:
-17.73%
Returns By Period
The year-to-date returns for both stocks are quite close, with GWPAX having a -13.86% return and FXAIX slightly lower at -13.92%. Over the past 10 years, GWPAX has underperformed FXAIX with an annualized return of 3.88%, while FXAIX has yielded a comparatively higher 11.00% annualized return.
GWPAX
-13.86%
-12.44%
-16.44%
-10.23%
6.65%
3.88%
FXAIX
-13.92%
-12.46%
-10.84%
-1.74%
14.71%
11.00%
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GWPAX vs. FXAIX - Expense Ratio Comparison
GWPAX has a 0.73% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
GWPAX vs. FXAIX — Risk-Adjusted Performance Rank
GWPAX
FXAIX
GWPAX vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for American Funds Growth Portfolio Class A (GWPAX) and Fidelity 500 Index Fund (FXAIX). 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
GWPAX vs. FXAIX - Dividend Comparison
GWPAX's dividend yield for the trailing twelve months is around 0.55%, less than FXAIX's 1.13% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GWPAX American Funds Growth Portfolio Class A | 0.55% | 0.47% | 0.70% | 0.35% | 0.03% | 0.44% | 0.84% | 1.00% | 0.70% | 1.01% | 0.73% | 3.99% |
FXAIX Fidelity 500 Index Fund | 1.13% | 1.25% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% |
Drawdowns
GWPAX vs. FXAIX - Drawdown Comparison
The maximum GWPAX drawdown since its inception was -38.55%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for GWPAX and FXAIX. For additional features, visit the drawdowns tool.
Volatility
GWPAX vs. FXAIX - Volatility Comparison
American Funds Growth Portfolio Class A (GWPAX) and Fidelity 500 Index Fund (FXAIX) have volatilities of 9.42% and 9.44%, 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.