LAGWX vs. FECGX
Compare and contrast key facts about Lord Abbett Developing Growth Fund (LAGWX) and Fidelity Small Cap Growth Index Fund (FECGX).
LAGWX is managed by Lord Abbett. It was launched on Oct 10, 1973. FECGX is managed by Fidelity. It was launched on Jul 11, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LAGWX or FECGX.
Key characteristics
| LAGWX | FECGX | |
|---|---|---|
| YTD Return | 24.58% | 19.41% |
| 1Y Return | 42.39% | 34.89% |
| 3Y Return (Ann) | -11.08% | -1.24% |
| 5Y Return (Ann) | -0.53% | 8.85% |
| Sharpe Ratio | 1.89 | 1.64 |
| Sortino Ratio | 2.57 | 2.33 |
| Omega Ratio | 1.32 | 1.28 |
| Calmar Ratio | 0.73 | 1.06 |
| Martin Ratio | 12.50 | 8.67 |
| Ulcer Index | 3.30% | 4.03% |
| Daily Std Dev | 21.87% | 21.34% |
| Max Drawdown | -64.82% | -41.85% |
| Current Drawdown | -37.18% | -8.23% |
Correlation
The correlation between LAGWX and FECGX is 0.92, 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. FECGX - Performance Comparison
In the year-to-date period, LAGWX achieves a 24.58% return, which is significantly higher than FECGX's 19.41% 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. FECGX - Expense Ratio Comparison
LAGWX has a 0.93% expense ratio, which is higher than FECGX's 0.05% expense ratio.
Risk-Adjusted Performance
LAGWX vs. FECGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Developing Growth Fund (LAGWX) and Fidelity Small Cap Growth Index Fund (FECGX). 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. FECGX - Dividend Comparison
LAGWX has not paid dividends to shareholders, while FECGX's dividend yield for the trailing twelve months is around 1.06%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
LAGWX Lord Abbett Developing Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FECGX Fidelity Small Cap Growth Index Fund | 1.06% | 0.81% | 0.80% | 0.57% | 0.38% | 0.24% |
Drawdowns
LAGWX vs. FECGX - Drawdown Comparison
The maximum LAGWX drawdown since its inception was -64.82%, which is greater than FECGX's maximum drawdown of -41.85%. Use the drawdown chart below to compare losses from any high point for LAGWX and FECGX. For additional features, visit the drawdowns tool.
Volatility
LAGWX vs. FECGX - Volatility Comparison
Lord Abbett Developing Growth Fund (LAGWX) and Fidelity Small Cap Growth Index Fund (FECGX) have volatilities of 7.11% and 7.31%, 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.