POGRX vs. FUMIX

Last updated Jun 23, 2026

POGRX (PrimeCap Odyssey Growth Fund) and FUMIX (Fidelity SAI U.S. Momentum Index Fund) are both Large Cap Growth Equities funds. Over the past 5 years, POGRX returned 16.63%/yr vs 17.68%/yr for FUMIX. Their correlation of 0.82 suggests significant overlap in exposure. POGRX charges 0.65%/yr vs 0.11%/yr for FUMIX.

Performance

POGRX vs. FUMIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PrimeCap Odyssey Growth Fund (POGRX) and Fidelity SAI U.S. Momentum Index Fund (FUMIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with POGRX having a 29.75% return and FUMIX slightly higher at 30.85%.

POGRX

• 1D: 2.81%
• 1M: 7.74%
• YTD: 29.75%
• 6M: 27.90%
• 1Y: 67.31%
• 3Y*: 28.60%
• 5Y*: 16.63%
• 10Y*: 17.99%

FUMIX

• 1D: 1.84%
• 1M: 8.17%
• YTD: 30.85%
• 6M: 29.49%
• 1Y: 40.42%
• 3Y*: 32.61%
• 5Y*: 17.68%
• 10Y*: —

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

POGRX vs. FUMIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
POGRX PrimeCap Odyssey Growth Fund	29.75%	32.99%	13.09%	23.85%	-14.61%	18.81%	17.05%	23.98%	-4.56%	26.16%
FUMIX Fidelity SAI U.S. Momentum Index Fund	30.85%	17.01%	33.39%	14.67%	-15.79%	22.56%	29.92%	24.16%	-1.41%	22.71%

Correlation

The correlation between POGRX and FUMIX is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.80
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (All Time) Calculated using the full available price history since Feb 9, 2017	0.82

The correlation between POGRX and FUMIX has been stable across timeframes, ranging from 0.77 to 0.83 - a consistent structural relationship.

Return for Risk

POGRX vs. FUMIX — Risk / Return Rank

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

POGRX

POGRX Risk / Return Rank: 93
POGRX Sharpe Ratio Rank: 97
POGRX Sortino Ratio Rank: 93
POGRX Omega Ratio Rank: 90
POGRX Calmar Ratio Rank: 92
POGRX Martin Ratio Rank: 94

FUMIX

FUMIX Risk / Return Rank: 74
FUMIX Sharpe Ratio Rank: 69
FUMIX Sortino Ratio Rank: 63
FUMIX Omega Ratio Rank: 64
FUMIX Calmar Ratio Rank: 84
FUMIX Martin Ratio Rank: 90

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.

POGRX vs. FUMIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PrimeCap Odyssey Growth Fund (POGRX) and Fidelity SAI U.S. Momentum Index Fund (FUMIX). 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.

	POGRX	FUMIX	Difference
Sharpe ratio: Return per unit of total volatility	3.42	2.22	+1.20
Sortino ratio: Return per unit of downside risk	4.43	3.02	+1.41
Omega ratio: Gain probability vs. loss probability	1.60	1.40	+0.20
Calmar ratio: Return relative to maximum drawdown	4.63	3.73	+0.90
Martin ratio: Return relative to average drawdown	19.52	16.72	+2.80

POGRX vs. FUMIX - Sharpe Ratio Comparison

The current POGRX Sharpe Ratio is 3.42, which is higher than the FUMIX Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of POGRX and FUMIX, 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

POGRX vs. FUMIX - Drawdown Comparison

The maximum POGRX drawdown since its inception was -51.63%, which is greater than FUMIX's maximum drawdown of -33.36%. Use the drawdown chart below to compare losses from any high point for POGRX and FUMIX.

Drawdown Indicators

	POGRX	FUMIX	Difference
Max Drawdown Largest peak-to-trough decline	-51.63%	-33.36%	-18.27%
Max Drawdown (1Y) Largest decline over 1 year	-14.40%	-10.99%	-3.41%
Max Drawdown (3Y) Largest decline over 3 years	-22.13%	-19.90%	-2.23%
Max Drawdown (5Y) Largest decline over 5 years	-26.85%	-27.66%	+0.81%
Max Drawdown (10Y) Largest decline over 10 years	-35.29%	—	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-7.12%	-6.29%	-0.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.41%	2.44%	+0.97%

Volatility

POGRX vs. FUMIX - Volatility Comparison

PrimeCap Odyssey Growth Fund (POGRX) has a higher volatility of 8.95% compared to Fidelity SAI U.S. Momentum Index Fund (FUMIX) at 7.72%. This indicates that POGRX's price experiences larger fluctuations and is considered to be riskier than FUMIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	POGRX	FUMIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.95%	7.72%	+1.23%
Volatility (6M) Calculated over the trailing 6-month period	16.45%	16.07%	+0.38%
Volatility (1Y) Calculated over the trailing 1-year period	19.47%	18.43%	+1.04%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.89%	21.38%	-1.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.61%	21.83%	-1.22%

POGRX vs. FUMIX - Expense Ratio Comparison

POGRX has a 0.65% expense ratio, which is higher than FUMIX's 0.11% expense ratio.

Dividends

POGRX vs. FUMIX - Dividend Comparison

POGRX's dividend yield for the trailing twelve months is around 19.18%, more than FUMIX's 2.12% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FUMIX Fidelity SAI U.S. Momentum Index Fund	2.12%	2.77%	5.89%	18.09%	2.10%	20.67%	8.68%	2.09%	3.84%	0.88%	0.00%	0.00%
POGRX PrimeCap Odyssey Growth Fund	19.18%	24.89%	20.79%	13.28%	12.36%	13.68%	12.50%	5.13%	2.45%	1.54%	5.83%	1.29%

Frequently Asked Questions

Can I hold both POGRX and FUMIX in my portfolio?

POGRX and FUMIX have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, POGRX or FUMIX?

POGRX has higher volatility (8.95%) compared to FUMIX (7.72%). In terms of maximum drawdown, POGRX dropped -51.63% vs FUMIX's -33.36%.

Which has better risk-adjusted returns?

POGRX currently has the higher Sharpe Ratio (3.42 vs 2.22), 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.