PFI vs. FDGRX
Compare and contrast key facts about Invesco DWA Financial Momentum ETF (PFI) and Fidelity Growth Company Fund (FDGRX).
PFI is a passively managed fund by Invesco that tracks the performance of the DWA Financial Technical Leaders Index. It was launched on Oct 12, 2006. FDGRX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PFI or FDGRX.
Performance
PFI vs. FDGRX - Performance Comparison
Returns By Period
In the year-to-date period, PFI achieves a 41.09% return, which is significantly higher than FDGRX's 34.65% return. Over the past 10 years, PFI has underperformed FDGRX with an annualized return of 9.25%, while FDGRX has yielded a comparatively higher 13.09% annualized return.
PFI
41.09%
9.30%
29.50%
49.21%
12.61%
9.25%
FDGRX
34.65%
1.73%
13.85%
37.40%
15.39%
13.09%
Key characteristics
| PFI | FDGRX | |
|---|---|---|
| Sharpe Ratio | 2.64 | 1.95 |
| Sortino Ratio | 3.61 | 2.56 |
| Omega Ratio | 1.46 | 1.35 |
| Calmar Ratio | 1.90 | 1.34 |
| Martin Ratio | 19.48 | 9.74 |
| Ulcer Index | 2.58% | 3.88% |
| Daily Std Dev | 19.00% | 19.35% |
| Max Drawdown | -59.53% | -71.50% |
| Current Drawdown | 0.00% | -1.67% |
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PFI vs. FDGRX - Expense Ratio Comparison
PFI has a 0.60% expense ratio, which is lower than FDGRX's 0.79% expense ratio.
Correlation
The correlation between PFI and FDGRX is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
PFI vs. FDGRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco DWA Financial Momentum ETF (PFI) and Fidelity Growth Company Fund (FDGRX). 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
PFI vs. FDGRX - Dividend Comparison
PFI's dividend yield for the trailing twelve months is around 1.71%, while FDGRX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PFI Invesco DWA Financial Momentum ETF | 1.71% | 1.85% | 1.93% | 1.28% | 1.56% | 0.92% | 1.98% | 0.35% | 2.16% | 1.44% | 1.10% | 1.36% |
FDGRX Fidelity Growth Company Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.07% | 3.92% | 4.03% | 7.12% |
Drawdowns
PFI vs. FDGRX - Drawdown Comparison
The maximum PFI drawdown since its inception was -59.53%, smaller than the maximum FDGRX drawdown of -71.50%. Use the drawdown chart below to compare losses from any high point for PFI and FDGRX. For additional features, visit the drawdowns tool.
Volatility
PFI vs. FDGRX - Volatility Comparison
Invesco DWA Financial Momentum ETF (PFI) has a higher volatility of 9.72% compared to Fidelity Growth Company Fund (FDGRX) at 5.57%. This indicates that PFI's price experiences larger fluctuations and is considered to be riskier than FDGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.