MGK vs. FGRTX
Compare and contrast key facts about Vanguard Mega Cap Growth ETF (MGK) and Fidelity Mega Cap Stock Fund (FGRTX).
MGK is a passively managed fund by Vanguard that tracks the performance of the MSCI US Large Cap Growth Index. It was launched on Dec 17, 2007. FGRTX is managed by Fidelity. It was launched on Dec 28, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MGK or FGRTX.
Performance
MGK vs. FGRTX - Performance Comparison
Returns By Period
In the year-to-date period, MGK achieves a 28.03% return, which is significantly higher than FGRTX's 26.53% return. Over the past 10 years, MGK has outperformed FGRTX with an annualized return of 16.20%, while FGRTX has yielded a comparatively lower 12.99% annualized return.
MGK
28.03%
1.84%
14.00%
34.08%
19.59%
16.20%
FGRTX
26.53%
0.73%
10.07%
33.66%
16.86%
12.99%
Key characteristics
| MGK | FGRTX | |
|---|---|---|
| Sharpe Ratio | 2.01 | 2.94 |
| Sortino Ratio | 2.64 | 3.97 |
| Omega Ratio | 1.36 | 1.56 |
| Calmar Ratio | 2.57 | 4.14 |
| Martin Ratio | 9.77 | 21.05 |
| Ulcer Index | 3.56% | 1.62% |
| Daily Std Dev | 17.32% | 11.55% |
| Max Drawdown | -48.36% | -57.06% |
| Current Drawdown | -2.75% | -1.92% |
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MGK vs. FGRTX - Expense Ratio Comparison
MGK has a 0.07% expense ratio, which is lower than FGRTX's 0.61% expense ratio.
Correlation
The correlation between MGK and FGRTX is 0.86, 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.
Risk-Adjusted Performance
MGK vs. FGRTX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Mega Cap Growth ETF (MGK) and Fidelity Mega Cap Stock Fund (FGRTX). 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
MGK vs. FGRTX - Dividend Comparison
MGK's dividend yield for the trailing twelve months is around 0.43%, less than FGRTX's 0.96% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGK Vanguard Mega Cap Growth ETF | 0.43% | 0.50% | 0.70% | 0.41% | 0.65% | 0.85% | 1.12% | 1.23% | 1.53% | 1.43% | 1.25% | 1.29% |
FGRTX Fidelity Mega Cap Stock Fund | 0.96% | 1.06% | 1.34% | 1.76% | 2.87% | 2.01% | 2.22% | 1.57% | 1.48% | 4.07% | 5.39% | 3.20% |
Drawdowns
MGK vs. FGRTX - Drawdown Comparison
The maximum MGK drawdown since its inception was -48.36%, smaller than the maximum FGRTX drawdown of -57.06%. Use the drawdown chart below to compare losses from any high point for MGK and FGRTX. For additional features, visit the drawdowns tool.
Volatility
MGK vs. FGRTX - Volatility Comparison
Vanguard Mega Cap Growth ETF (MGK) has a higher volatility of 5.64% compared to Fidelity Mega Cap Stock Fund (FGRTX) at 3.60%. This indicates that MGK's price experiences larger fluctuations and is considered to be riskier than FGRTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.