LIWPX vs. FDGRX
Compare and contrast key facts about BlackRock LifePath Index 2065 Fund (LIWPX) and Fidelity Growth Company Fund (FDGRX).
LIWPX is managed by Blackrock. It was launched on Oct 29, 2019. FDGRX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LIWPX or FDGRX.
Key characteristics
| LIWPX | FDGRX | |
|---|---|---|
| YTD Return | 14.62% | 24.28% |
| 1Y Return | 23.25% | 36.99% |
| 3Y Return (Ann) | 5.43% | 7.18% |
| Sharpe Ratio | 1.78 | 1.88 |
| Daily Std Dev | 12.39% | 19.43% |
| Max Drawdown | -33.12% | -71.50% |
| Current Drawdown | -0.26% | -5.64% |
Correlation
The correlation between LIWPX and FDGRX is 0.79, 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
LIWPX vs. FDGRX - Performance Comparison
In the year-to-date period, LIWPX achieves a 14.62% return, which is significantly lower than FDGRX's 24.28% 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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LIWPX vs. FDGRX - Expense Ratio Comparison
LIWPX has a 0.35% expense ratio, which is lower than FDGRX's 0.79% expense ratio.
Risk-Adjusted Performance
LIWPX vs. FDGRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for BlackRock LifePath Index 2065 Fund (LIWPX) 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
LIWPX vs. FDGRX - Dividend Comparison
LIWPX's dividend yield for the trailing twelve months is around 0.82%, less than FDGRX's 3.09% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LIWPX BlackRock LifePath Index 2065 Fund | 0.82% | 1.76% | 1.50% | 1.58% | 1.13% | 0.83% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FDGRX Fidelity Growth Company Fund | 3.09% | 3.83% | 7.20% | 10.67% | 8.86% | 3.84% | 6.38% | 4.73% | 6.23% | 3.92% | 4.03% | 7.12% |
Drawdowns
LIWPX vs. FDGRX - Drawdown Comparison
The maximum LIWPX drawdown since its inception was -33.12%, smaller than the maximum FDGRX drawdown of -71.50%. Use the drawdown chart below to compare losses from any high point for LIWPX and FDGRX. For additional features, visit the drawdowns tool.
Volatility
LIWPX vs. FDGRX - Volatility Comparison
The current volatility for BlackRock LifePath Index 2065 Fund (LIWPX) is 3.91%, while Fidelity Growth Company Fund (FDGRX) has a volatility of 6.55%. This indicates that LIWPX 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.