MBCSX vs. FCGSX

Last updated Jun 25, 2026

MBCSX (MassMutual Blue Chip Growth Fund) and FCGSX (Fidelity Series Growth Company Fund) are both Large Cap Growth Equities funds. Over the past 10 years, MBCSX returned 16.90%/yr vs 24.85%/yr for FCGSX. Their correlation of 0.94 suggests significant overlap in exposure. MBCSX charges 0.73%/yr vs 0.00%/yr for FCGSX.

Performance

MBCSX vs. FCGSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MassMutual Blue Chip Growth Fund (MBCSX) and Fidelity Series Growth Company Fund (FCGSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MBCSX achieves a -3.96% return, which is significantly lower than FCGSX's 19.52% return. Over the past 10 years, MBCSX has underperformed FCGSX with an annualized return of 16.90%, while FCGSX has yielded a comparatively higher 24.85% annualized return.

MBCSX

• 1D: -1.67%
• 1M: -5.50%
• YTD: -3.96%
• 6M: -5.41%
• 1Y: 6.75%
• 3Y*: 19.31%
• 5Y*: 9.40%
• 10Y*: 16.90%

FCGSX

• 1D: -2.31%
• 1M: -0.88%
• YTD: 19.52%
• 6M: 17.70%
• 1Y: 47.31%
• 3Y*: 32.25%
• 5Y*: 17.39%
• 10Y*: 24.85%

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

MBCSX vs. FCGSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MBCSX MassMutual Blue Chip Growth Fund	-3.96%	16.68%	35.05%	51.00%	-34.11%	17.05%	33.53%	38.41%	0.22%	34.43%
FCGSX Fidelity Series Growth Company Fund	19.52%	25.52%	38.00%	45.97%	-32.15%	25.13%	70.01%	39.75%	-4.03%	37.69%

Correlation

The correlation between MBCSX and FCGSX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (10Y) Calculated over the trailing 10-year period	0.94
Correlation (All Time) Calculated using the full available price history since Nov 19, 2013	0.94

The correlation between MBCSX and FCGSX has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.

Return for Risk

MBCSX vs. FCGSX — Risk / Return Rank

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

MBCSX

MBCSX Risk / Return Rank: 7
MBCSX Sharpe Ratio Rank: 7
MBCSX Sortino Ratio Rank: 7
MBCSX Omega Ratio Rank: 7
MBCSX Calmar Ratio Rank: 7
MBCSX Martin Ratio Rank: 7

FCGSX

FCGSX Risk / Return Rank: 85
FCGSX Sharpe Ratio Rank: 87
FCGSX Sortino Ratio Rank: 75
FCGSX Omega Ratio Rank: 73
FCGSX Calmar Ratio Rank: 93
FCGSX Martin Ratio Rank: 95

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.

MBCSX vs. FCGSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MassMutual Blue Chip Growth Fund (MBCSX) and Fidelity Series Growth Company Fund (FCGSX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	MBCSX	FCGSX	Difference
Sharpe ratio: Return per unit of total volatility	0.50	2.63	-2.13
Sortino ratio: Return per unit of downside risk	0.78	3.30	-2.53
Omega ratio: Gain probability vs. loss probability	1.10	1.44	-0.34
Calmar ratio: Return relative to maximum drawdown	0.47	4.79	-4.32
Martin ratio: Return relative to average drawdown	1.50	20.78	-19.28

MBCSX vs. FCGSX - Sharpe Ratio Comparison

The current MBCSX Sharpe Ratio is 0.50, which is lower than the FCGSX Sharpe Ratio of 2.63. The chart below compares the historical Sharpe Ratios of MBCSX and FCGSX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

MBCSX vs. FCGSX - Drawdown Comparison

The maximum MBCSX drawdown since its inception was -54.66%, which is greater than FCGSX's maximum drawdown of -38.77%. Use the drawdown chart below to compare losses from any high point for MBCSX and FCGSX.

Drawdown Indicators

	MBCSX	FCGSX	Difference
Max Drawdown Largest peak-to-trough decline	-54.66%	-38.77%	-15.89%
Max Drawdown (1Y) Largest decline over 1 year	-17.47%	-10.42%	-7.05%
Max Drawdown (3Y) Largest decline over 3 years	-22.92%	-26.07%	+3.15%
Max Drawdown (5Y) Largest decline over 5 years	-48.37%	-38.77%	-9.60%
Max Drawdown (10Y) Largest decline over 10 years	-48.37%	-38.77%	-9.60%
Current Drawdown Current decline from peak	-7.80%	-4.01%	-3.79%
Average Drawdown Average peak-to-trough decline	-12.02%	-6.94%	-5.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.51%	2.40%	+3.11%

Volatility

MBCSX vs. FCGSX - Volatility Comparison

The current volatility for MassMutual Blue Chip Growth Fund (MBCSX) is 6.29%, while Fidelity Series Growth Company Fund (FCGSX) has a volatility of 7.87%. This indicates that MBCSX experiences smaller price fluctuations and is considered to be less risky than FCGSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MBCSX	FCGSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.29%	7.87%	-1.58%
Volatility (6M) Calculated over the trailing 6-month period	13.00%	14.92%	-1.92%
Volatility (1Y) Calculated over the trailing 1-year period	16.75%	19.03%	-2.28%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	29.92%	23.87%	+6.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.62%	23.32%	+2.30%

MBCSX vs. FCGSX - Expense Ratio Comparison

MBCSX has a 0.73% expense ratio, which is higher than FCGSX's 0.00% expense ratio.

Dividends

MBCSX vs. FCGSX - Dividend Comparison

MBCSX's dividend yield for the trailing twelve months is around 45.07%, more than FCGSX's 8.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FCGSX Fidelity Series Growth Company Fund	8.77%	10.48%	12.49%	3.13%	0.61%	38.65%	31.99%	11.06%	13.21%	10.51%	2.44%	0.25%
MBCSX MassMutual Blue Chip Growth Fund	45.07%	43.29%	13.12%	23.06%	18.44%	21.93%	4.59%	11.06%	6.70%	4.00%	4.77%	18.85%

Frequently Asked Questions

Can I hold both MBCSX and FCGSX in my portfolio?

With a correlation of 0.90, MBCSX and FCGSX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, MBCSX or FCGSX?

FCGSX has higher volatility (7.87%) compared to MBCSX (6.29%). In terms of maximum drawdown, MBCSX dropped -54.66% vs FCGSX's -38.77%.

Which has better risk-adjusted returns?

FCGSX currently has the higher Sharpe Ratio (2.63 vs 0.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.