IGLD vs. FSPGX

Last updated Apr 2, 2026

Compare and contrast key facts about FT Cboe Vest Gold Strategy Target Income ETF (IGLD) and Fidelity Large Cap Growth Index Fund (FSPGX).

IGLD is an actively managed fund by First Trust. It was launched on Mar 2, 2021. FSPGX is managed by Fidelity.

Performance

IGLD vs. FSPGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Cboe Vest Gold Strategy Target Income ETF (IGLD) and Fidelity Large Cap Growth Index Fund (FSPGX). The values are adjusted to include any dividend payments, if applicable.

IGLD vs. FSPGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
IGLD FT Cboe Vest Gold Strategy Target Income ETF	7.26%	47.46%	19.36%	9.24%	-2.34%	4.30%
FSPGX Fidelity Large Cap Growth Index Fund	-9.77%	18.54%	33.27%	42.77%	-29.17%	30.47%

Returns By Period

In the year-to-date period, IGLD achieves a 7.26% return, which is significantly higher than FSPGX's -9.77% return.

IGLD

• 1D: 1.19%
• 1M: -10.51%
• YTD: 7.26%
• 6M: 18.12%
• 1Y: 40.06%
• 3Y*: 24.96%
• 5Y*: 15.78%
• 10Y*: —

FSPGX

• 1D: 3.75%
• 1M: -5.52%
• YTD: -9.77%
• 6M: -9.26%
• 1Y: 17.78%
• 3Y*: 21.16%
• 5Y*: 12.38%
• 10Y*: —

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

IGLD vs. FSPGX - Expense Ratio Comparison

IGLD has a 0.85% expense ratio, which is higher than FSPGX's 0.04% expense ratio.

IGLD

FT Cboe Vest Gold Strategy Target Income ETF

FSPGX

Fidelity Large Cap Growth Index Fund

Return for Risk

IGLD vs. FSPGX — Risk / Return Rank

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

IGLD

IGLD Risk / Return Rank: 82
IGLD Sharpe Ratio Rank: 83
IGLD Sortino Ratio Rank: 81
IGLD Omega Ratio Rank: 83
IGLD Calmar Ratio Rank: 80
IGLD Martin Ratio Rank: 83

FSPGX

FSPGX Risk / Return Rank: 41
FSPGX Sharpe Ratio Rank: 37
FSPGX Sortino Ratio Rank: 44
FSPGX Omega Ratio Rank: 41
FSPGX Calmar Ratio Rank: 46
FSPGX Martin Ratio Rank: 37

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.

IGLD vs. FSPGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Cboe Vest Gold Strategy Target Income ETF (IGLD) and Fidelity Large Cap Growth Index Fund (FSPGX). 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.

	IGLD	FSPGX	Difference
Sharpe ratio Return per unit of total volatility	1.69	0.84	+0.86
Sortino ratio Return per unit of downside risk	2.17	1.36	+0.81
Omega ratio Gain probability vs. loss probability	1.33	1.19	+0.14
Calmar ratio Return relative to maximum drawdown	2.27	1.17	+1.10
Martin ratio Return relative to average drawdown	9.64	4.02	+5.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IGLD vs. FSPGX - Sharpe Ratio Comparison

The current IGLD Sharpe Ratio is 1.69, which is higher than the FSPGX Sharpe Ratio of 0.84. The chart below compares the historical Sharpe Ratios of IGLD and FSPGX, 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

	IGLD	FSPGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.69	0.84	+0.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.06	0.58	+0.49
Sharpe Ratio (All Time) Calculated using the full available price history	1.06	0.80	+0.26

Correlation

The correlation between IGLD and FSPGX is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

IGLD vs. FSPGX - Dividend Comparison

IGLD's dividend yield for the trailing twelve months is around 13.93%, more than FSPGX's 0.38% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
IGLD FT Cboe Vest Gold Strategy Target Income ETF	13.93%	9.91%	20.81%	7.85%	4.45%	2.24%	0.00%	0.00%	0.00%	0.00%
FSPGX Fidelity Large Cap Growth Index Fund	0.38%	0.34%	0.37%	0.73%	0.86%	2.22%	1.76%	1.04%	1.32%	0.22%

Drawdowns

IGLD vs. FSPGX - Drawdown Comparison

The maximum IGLD drawdown since its inception was -18.59%, smaller than the maximum FSPGX drawdown of -32.66%. Use the drawdown chart below to compare losses from any high point for IGLD and FSPGX.

Drawdown Indicators

	IGLD	FSPGX	Difference
Max Drawdown Largest peak-to-trough decline	-18.59%	-32.66%	+14.07%
Max Drawdown (1Y) Largest decline over 1 year	-17.56%	-16.17%	-1.39%
Max Drawdown (5Y) Largest decline over 5 years	-18.59%	-32.66%	+14.07%
Current Drawdown Current decline from peak	-10.51%	-13.03%	+2.52%
Average Drawdown Average peak-to-trough decline	-5.01%	-6.43%	+1.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.13%	4.70%	-0.57%

Volatility

IGLD vs. FSPGX - Volatility Comparison

FT Cboe Vest Gold Strategy Target Income ETF (IGLD) has a higher volatility of 10.62% compared to Fidelity Large Cap Growth Index Fund (FSPGX) at 6.71%. This indicates that IGLD's price experiences larger fluctuations and is considered to be riskier than FSPGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IGLD	FSPGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.62%	6.71%	+3.91%
Volatility (6M) Calculated over the trailing 6-month period	21.23%	12.37%	+8.86%
Volatility (1Y) Calculated over the trailing 1-year period	23.76%	22.58%	+1.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.90%	21.52%	-6.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.86%	21.66%	-6.80%