LAGWX vs. FDSCX
Compare and contrast key facts about Lord Abbett Developing Growth Fund (LAGWX) and Fidelity Stock Selector Small Cap Fund (FDSCX).
LAGWX is managed by Lord Abbett. It was launched on Oct 10, 1973. FDSCX is managed by Fidelity. It was launched on Jun 28, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LAGWX or FDSCX.
Key characteristics
| LAGWX | FDSCX | |
|---|---|---|
| YTD Return | 24.58% | 20.96% |
| 1Y Return | 42.39% | 36.47% |
| 3Y Return (Ann) | -11.08% | 0.90% |
| 5Y Return (Ann) | -0.53% | 10.09% |
| 10Y Return (Ann) | -1.17% | 5.44% |
| Sharpe Ratio | 1.89 | 1.95 |
| Sortino Ratio | 2.57 | 2.74 |
| Omega Ratio | 1.32 | 1.33 |
| Calmar Ratio | 0.73 | 1.35 |
| Martin Ratio | 12.50 | 12.24 |
| Ulcer Index | 3.30% | 3.00% |
| Daily Std Dev | 21.87% | 18.85% |
| Max Drawdown | -64.82% | -69.56% |
| Current Drawdown | -37.18% | -3.95% |
Correlation
The correlation between LAGWX and FDSCX is 0.88, 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
LAGWX vs. FDSCX - Performance Comparison
In the year-to-date period, LAGWX achieves a 24.58% return, which is significantly higher than FDSCX's 20.96% return. Over the past 10 years, LAGWX has underperformed FDSCX with an annualized return of -1.17%, while FDSCX has yielded a comparatively higher 5.44% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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LAGWX vs. FDSCX - Expense Ratio Comparison
LAGWX has a 0.93% expense ratio, which is higher than FDSCX's 0.90% expense ratio.
Risk-Adjusted Performance
LAGWX vs. FDSCX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Developing Growth Fund (LAGWX) and Fidelity Stock Selector Small Cap Fund (FDSCX). 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
LAGWX vs. FDSCX - Dividend Comparison
LAGWX has not paid dividends to shareholders, while FDSCX's dividend yield for the trailing twelve months is around 0.19%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LAGWX Lord Abbett Developing Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FDSCX Fidelity Stock Selector Small Cap Fund | 0.19% | 0.23% | 0.12% | 0.17% | 0.00% | 0.33% | 0.28% | 0.43% | 0.47% | 7.52% | 0.37% | 0.06% |
Drawdowns
LAGWX vs. FDSCX - Drawdown Comparison
The maximum LAGWX drawdown since its inception was -64.82%, smaller than the maximum FDSCX drawdown of -69.56%. Use the drawdown chart below to compare losses from any high point for LAGWX and FDSCX. For additional features, visit the drawdowns tool.
Volatility
LAGWX vs. FDSCX - Volatility Comparison
Lord Abbett Developing Growth Fund (LAGWX) has a higher volatility of 7.11% compared to Fidelity Stock Selector Small Cap Fund (FDSCX) at 6.54%. This indicates that LAGWX's price experiences larger fluctuations and is considered to be riskier than FDSCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.