OEGYX vs. FMEIX
Compare and contrast key facts about Invesco Discovery Mid Cap Growth Fund (OEGYX) and Fidelity Mid Cap Enhanced Index Fund (FMEIX).
OEGYX is managed by Invesco. It was launched on Nov 1, 2000. FMEIX is managed by Fidelity. It was launched on Dec 20, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: OEGYX or FMEIX.
Performance
OEGYX vs. FMEIX - Performance Comparison
Returns By Period
OEGYX
34.41%
10.66%
16.78%
42.46%
7.64%
6.60%
FMEIX
N/A
N/A
N/A
N/A
N/A
N/A
Key characteristics
| OEGYX | FMEIX |
|---|
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OEGYX vs. FMEIX - Expense Ratio Comparison
OEGYX has a 0.78% expense ratio, which is higher than FMEIX's 0.45% expense ratio.
Correlation
The correlation between OEGYX and FMEIX is 0.87, 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
OEGYX vs. FMEIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Discovery Mid Cap Growth Fund (OEGYX) and Fidelity Mid Cap Enhanced Index Fund (FMEIX). 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
OEGYX vs. FMEIX - Dividend Comparison
Neither OEGYX nor FMEIX has paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OEGYX Invesco Discovery Mid Cap Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FMEIX Fidelity Mid Cap Enhanced Index Fund | 0.00% | 1.59% | 3.40% | 13.85% | 3.45% | 3.85% | 10.62% | 6.61% | 1.30% | 1.79% | 10.21% | 5.77% |
Drawdowns
OEGYX vs. FMEIX - Drawdown Comparison
Volatility
OEGYX vs. FMEIX - Volatility Comparison
Invesco Discovery Mid Cap Growth Fund (OEGYX) has a higher volatility of 5.93% compared to Fidelity Mid Cap Enhanced Index Fund (FMEIX) at 0.00%. This indicates that OEGYX's price experiences larger fluctuations and is considered to be riskier than FMEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.