OLGAX vs. FSCSX

Last updated Jul 15, 2026

OLGAX (JPMorgan Large Cap Growth Fund Class A) and FSCSX (Fidelity Select Software & IT Services Portfolio) are both mutual funds - OLGAX is a Large Cap Growth Equities fund actively managed by JPMorgan, while FSCSX is a Technology Equities fund actively managed by Fidelity. Both are actively managed. Over the past 10 years, OLGAX returned 18.84%/yr vs 16.19%/yr for FSCSX. Their correlation of 0.83 suggests significant overlap in exposure. OLGAX charges 0.94%/yr vs 0.67%/yr for FSCSX.

Performance

OLGAX vs. FSCSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Large Cap Growth Fund Class A (OLGAX) and Fidelity Select Software & IT Services Portfolio (FSCSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OLGAX achieves a 2.45% return, which is significantly higher than FSCSX's -10.67% return. Over the past 10 years, OLGAX has outperformed FSCSX with an annualized return of 18.84%, while FSCSX has yielded a comparatively lower 16.19% annualized return.

OLGAX

• 1D: -2.23%
• 1M: -0.99%
• 6M: 1.30%
• YTD: 2.45%
• 1Y: 9.63%
• 3Y*: 18.80%
• 5Y*: 10.99%
• 10Y*: 18.84%

FSCSX

• 1D: 0.69%
• 1M: 3.78%
• 6M: -7.67%
• YTD: -10.67%
• 1Y: -10.05%
• 3Y*: 9.03%
• 5Y*: 4.69%
• 10Y*: 16.19%

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

OLGAX vs. FSCSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
OLGAX JPMorgan Large Cap Growth Fund Class A	2.45%	13.79%	34.85%	34.28%	-25.58%	17.87%	55.60%	38.81%	0.23%	37.75%
FSCSX Fidelity Select Software & IT Services Portfolio	-10.67%	6.96%	19.66%	51.72%	-29.13%	18.13%	45.55%	38.99%	4.08%	38.60%

Correlation

The correlation between OLGAX and FSCSX is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.69
Correlation (5Y) Calculated over the trailing 5-year period	0.80
Correlation (10Y) Calculated over the trailing 10-year period	0.85
Correlation (All Time) Calculated using the full available price history since Feb 22, 1994	0.83

Over the past year, the correlation between OLGAX and FSCSX has dropped to 0.45 - well below their long-term average of 0.83, suggesting their price drivers have been diverging.

Return for Risk

OLGAX vs. FSCSX — Risk / Return Rank

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

OLGAX

OLGAX Risk / Return Rank: 10
OLGAX Sharpe Ratio Rank: 10
OLGAX Sortino Ratio Rank: 10
OLGAX Omega Ratio Rank: 10
OLGAX Calmar Ratio Rank: 9
OLGAX Martin Ratio Rank: 9

FSCSX

FSCSX Risk / Return Rank: 2
FSCSX Sharpe Ratio Rank: 2
FSCSX Sortino Ratio Rank: 2
FSCSX Omega Ratio Rank: 2
FSCSX Calmar Ratio Rank: 2
FSCSX Martin Ratio Rank: 2

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.

OLGAX vs. FSCSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Large Cap Growth Fund Class A (OLGAX) and Fidelity Select Software & IT Services Portfolio (FSCSX). 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.

	OLGAX	FSCSX	Difference
Sharpe ratio: Return per unit of total volatility	0.57	-0.32	+0.88
Sortino ratio: Return per unit of downside risk	0.87	-0.26	+1.13
Omega ratio: Gain probability vs. loss probability	1.11	0.97	+0.14
Calmar ratio: Return relative to maximum drawdown	0.60	-0.27	+0.86
Martin ratio: Return relative to average drawdown	1.66	-0.56	+2.23

OLGAX vs. FSCSX - Sharpe Ratio Comparison

The current OLGAX Sharpe Ratio is 0.57, which is higher than the FSCSX Sharpe Ratio of -0.32. The chart below compares the historical Sharpe Ratios of OLGAX and FSCSX, 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

OLGAX vs. FSCSX - Drawdown Comparison

The maximum OLGAX drawdown since its inception was -63.25%, roughly equal to the maximum FSCSX drawdown of -64.66%. Use the drawdown chart below to compare losses from any high point for OLGAX and FSCSX.

Drawdown Indicators

	OLGAX	FSCSX	Difference
Max Drawdown Largest peak-to-trough decline	-63.25%	-64.66%	+1.41%
Max Drawdown (1Y) Largest decline over 1 year	-16.92%	-34.24%	+17.32%
Max Drawdown (3Y) Largest decline over 3 years	-21.55%	-34.24%	+12.69%
Max Drawdown (5Y) Largest decline over 5 years	-31.34%	-37.06%	+5.72%
Max Drawdown (10Y) Largest decline over 10 years	-31.87%	-37.06%	+5.19%
Current Drawdown Current decline from peak	-4.92%	-15.78%	+10.86%
Average Drawdown Average peak-to-trough decline	-18.65%	-13.23%	-5.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	6.06%	16.24%	-10.18%

Volatility

OLGAX vs. FSCSX - Volatility Comparison

JPMorgan Large Cap Growth Fund Class A (OLGAX) has a higher volatility of 8.45% compared to Fidelity Select Software & IT Services Portfolio (FSCSX) at 7.82%. This indicates that OLGAX's price experiences larger fluctuations and is considered to be riskier than FSCSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	OLGAX	FSCSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.45%	7.82%	+0.63%
Volatility (6M) Calculated over the trailing 6-month period	14.10%	25.97%	-11.87%
Volatility (1Y) Calculated over the trailing 1-year period	17.84%	29.03%	-11.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.58%	26.71%	-6.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.71%	24.69%	-2.98%

OLGAX vs. FSCSX - Expense Ratio Comparison

OLGAX has a 0.94% expense ratio, which is higher than FSCSX's 0.67% expense ratio.

Dividends

OLGAX vs. FSCSX - Dividend Comparison

OLGAX's dividend yield for the trailing twelve months is around 11.53%, less than FSCSX's 22.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FSCSX Fidelity Select Software & IT Services Portfolio	22.49%	15.40%	19.17%	7.72%	9.06%	6.54%	5.10%	12.70%	6.20%	7.15%	3.98%	5.22%
OLGAX JPMorgan Large Cap Growth Fund Class A	11.53%	11.82%	2.06%	0.00%	3.20%	15.30%	5.32%	13.03%	16.18%	14.92%	9.94%	4.51%

Frequently Asked Questions

Can I hold both OLGAX and FSCSX in my portfolio?

OLGAX and FSCSX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, OLGAX or FSCSX?

OLGAX has higher volatility (8.45%) compared to FSCSX (7.82%). In terms of maximum drawdown, OLGAX dropped -63.25% vs FSCSX's -64.66%.

Which has better risk-adjusted returns?

OLGAX currently has the higher Sharpe Ratio (0.57 vs -0.32), 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.