LIRIX vs. FDGRX
Compare and contrast key facts about BlackRock LifePath Index Retirement Fund (LIRIX) and Fidelity Growth Company Fund (FDGRX).
LIRIX is managed by Blackrock. It was launched on May 30, 2011. FDGRX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LIRIX or FDGRX.
Correlation
The correlation between LIRIX and FDGRX is 0.77, 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
LIRIX vs. FDGRX - Performance Comparison
Key characteristics
LIRIX:
1.66
FDGRX:
0.86
LIRIX:
2.36
FDGRX:
1.21
LIRIX:
1.30
FDGRX:
1.17
LIRIX:
1.28
FDGRX:
0.88
LIRIX:
7.47
FDGRX:
3.53
LIRIX:
1.35%
FDGRX:
5.30%
LIRIX:
6.10%
FDGRX:
21.76%
LIRIX:
-21.06%
FDGRX:
-71.50%
LIRIX:
-0.23%
FDGRX:
-8.69%
Returns By Period
In the year-to-date period, LIRIX achieves a 2.69% return, which is significantly lower than FDGRX's 3.15% return. Over the past 10 years, LIRIX has underperformed FDGRX with an annualized return of 4.41%, while FDGRX has yielded a comparatively higher 12.00% annualized return.
LIRIX
2.69%
1.80%
2.42%
9.87%
3.66%
4.41%
FDGRX
3.15%
1.81%
3.30%
19.60%
11.77%
12.00%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
LIRIX vs. FDGRX - Expense Ratio Comparison
LIRIX has a 0.11% expense ratio, which is lower than FDGRX's 0.79% expense ratio.
Risk-Adjusted Performance
LIRIX vs. FDGRX — Risk-Adjusted Performance Rank
LIRIX
FDGRX
LIRIX vs. FDGRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath Index Retirement Fund (LIRIX) and Fidelity Growth Company Fund (FDGRX). 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
LIRIX vs. FDGRX - Dividend Comparison
LIRIX's dividend yield for the trailing twelve months is around 2.85%, while FDGRX has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LIRIX BlackRock LifePath Index Retirement Fund | 2.85% | 2.93% | 2.61% | 2.53% | 2.12% | 1.93% | 2.32% | 2.37% | 2.02% | 1.98% | 1.92% | 1.81% |
FDGRX Fidelity Growth Company Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.07% | 3.92% | 4.03% |
Drawdowns
LIRIX vs. FDGRX - Drawdown Comparison
The maximum LIRIX drawdown since its inception was -21.06%, smaller than the maximum FDGRX drawdown of -71.50%. Use the drawdown chart below to compare losses from any high point for LIRIX and FDGRX. For additional features, visit the drawdowns tool.
Volatility
LIRIX vs. FDGRX - Volatility Comparison
The current volatility for BlackRock LifePath Index Retirement Fund (LIRIX) is 1.51%, while Fidelity Growth Company Fund (FDGRX) has a volatility of 6.66%. This indicates that LIRIX experiences smaller price fluctuations and is considered to be less risky than FDGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.