MGLBX vs. FNCMX
Compare and contrast key facts about Marsico Global Fund (MGLBX) and Fidelity NASDAQ Composite Index Fund (FNCMX).
MGLBX is managed by Marsico Investment Fund. It was launched on Jun 28, 2007. FNCMX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MGLBX or FNCMX.
Correlation
The correlation between MGLBX and FNCMX 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.
Performance
MGLBX vs. FNCMX - Performance Comparison
Key characteristics
MGLBX:
1.00
FNCMX:
0.59
MGLBX:
1.48
FNCMX:
0.98
MGLBX:
1.20
FNCMX:
1.14
MGLBX:
1.11
FNCMX:
0.62
MGLBX:
4.29
FNCMX:
2.10
MGLBX:
5.80%
FNCMX:
7.16%
MGLBX:
24.91%
FNCMX:
25.65%
MGLBX:
-59.43%
FNCMX:
-55.71%
MGLBX:
-3.80%
FNCMX:
-11.41%
Returns By Period
In the year-to-date period, MGLBX achieves a 6.84% return, which is significantly higher than FNCMX's -7.45% return. Over the past 10 years, MGLBX has underperformed FNCMX with an annualized return of 7.13%, while FNCMX has yielded a comparatively higher 14.03% annualized return.
MGLBX
6.84%
20.50%
7.68%
20.08%
9.00%
7.13%
FNCMX
-7.45%
14.47%
-2.96%
9.81%
15.77%
14.03%
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MGLBX vs. FNCMX - Expense Ratio Comparison
MGLBX has a 1.45% expense ratio, which is higher than FNCMX's 0.29% expense ratio.
Risk-Adjusted Performance
MGLBX vs. FNCMX — Risk-Adjusted Performance Rank
MGLBX
FNCMX
MGLBX vs. FNCMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Marsico Global Fund (MGLBX) and Fidelity NASDAQ Composite Index Fund (FNCMX). 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
MGLBX vs. FNCMX - Dividend Comparison
MGLBX's dividend yield for the trailing twelve months is around 1.60%, more than FNCMX's 0.65% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MGLBX Marsico Global Fund | 1.60% | 1.71% | 1.98% | 4.37% | 17.97% | 2.45% | 0.00% | 1.16% | 9.25% | 0.00% | 11.04% | 12.83% |
FNCMX Fidelity NASDAQ Composite Index Fund | 0.65% | 0.61% | 0.67% | 0.88% | 0.47% | 0.67% | 0.97% | 0.94% | 0.70% | 0.91% | 0.89% | 0.80% |
Drawdowns
MGLBX vs. FNCMX - Drawdown Comparison
The maximum MGLBX drawdown since its inception was -59.43%, which is greater than FNCMX's maximum drawdown of -55.71%. Use the drawdown chart below to compare losses from any high point for MGLBX and FNCMX. For additional features, visit the drawdowns tool.
Volatility
MGLBX vs. FNCMX - Volatility Comparison
The current volatility for Marsico Global Fund (MGLBX) is 14.03%, while Fidelity NASDAQ Composite Index Fund (FNCMX) has a volatility of 15.79%. This indicates that MGLBX experiences smaller price fluctuations and is considered to be less risky than FNCMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.