QGRO vs. FIVFX

Last updated Jun 9, 2026

QGRO (American Century STOXX U.S. Quality Growth ETF) and FIVFX (Fidelity International Capital Appreciation Fund) are both funds - QGRO is a Large Cap Growth Equities fund tracking the iSTOXX American Century USA Quality Growth (USD)(GR), while FIVFX is a Foreign Large Cap Equities fund managed by Fidelity. A 0.76 correlation means they provide meaningful diversification when combined. QGRO charges 0.29%/yr vs 1.00%/yr for FIVFX.

Performance

QGRO vs. FIVFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Century STOXX U.S. Quality Growth ETF (QGRO) and Fidelity International Capital Appreciation Fund (FIVFX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QGRO

• 1D: 0.54%
• 1M: 1.74%
• YTD: 0.09%
• 6M: 0.15%
• 1Y: 7.17%
• 3Y*: 20.35%
• 5Y*: 11.72%
• 10Y*: —

FIVFX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QGRO vs. FIVFX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
QGRO American Century STOXX U.S. Quality Growth ETF	0.09%	15.18%	31.42%	32.42%	-24.54%	24.57%	37.99%	35.09%	-16.85%
FIVFX Fidelity International Capital Appreciation Fund	0.00%	19.54%	8.05%	27.58%	-26.48%	12.14%	22.32%	33.05%	-11.35%

Correlation

The correlation between QGRO and FIVFX is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.29
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (5Y) Calculated over the trailing 5-year period	0.75
Correlation (All Time) Calculated using the full available price history since Sep 13, 2018	0.76

Over the past year, the correlation between QGRO and FIVFX has dropped to 0.29 - well below their long-term average of 0.76, suggesting their price drivers have been diverging.

Return for Risk

QGRO vs. FIVFX — Risk / Return Rank

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

QGRO

QGRO Risk / Return Rank: 17
QGRO Sharpe Ratio Rank: 17
QGRO Sortino Ratio Rank: 17
QGRO Omega Ratio Rank: 16
QGRO Calmar Ratio Rank: 16
QGRO Martin Ratio Rank: 18

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.

QGRO vs. FIVFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Century STOXX U.S. Quality Growth ETF (QGRO) and Fidelity International Capital Appreciation Fund (FIVFX). 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.

	QGRO	FIVFX	Difference
Sharpe ratio: Return per unit of total volatility	0.46	—	—
Sortino ratio: Return per unit of downside risk	0.74	—	—
Omega ratio: Gain probability vs. loss probability	1.09	—	—
Calmar ratio: Return relative to maximum drawdown	0.53	—	—
Martin ratio: Return relative to average drawdown	1.78	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	QGRO	FIVFX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.46	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.56	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	—	—

Drawdowns

Drawdown Indicators

	QGRO	FIVFX	Difference
Max Drawdown Largest peak-to-trough decline	-32.56%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-13.54%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-23.82%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-31.86%	—	—
Current Drawdown Current decline from peak	-2.71%	—	—
Average Drawdown Average peak-to-trough decline	-7.67%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	4.04%	—	—

Volatility

Volatility by Period

	QGRO	FIVFX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.33%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.03%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.58%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.09%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.93%	—	—

QGRO vs. FIVFX - Expense Ratio Comparison

QGRO has a 0.29% expense ratio, which is lower than FIVFX's 1.00% expense ratio.

Dividends

QGRO vs. FIVFX - Dividend Comparison

QGRO's dividend yield for the trailing twelve months is around 0.20%, while FIVFX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FIVFX Fidelity International Capital Appreciation Fund	10.67%	10.67%	4.19%	0.38%	0.05%	9.08%	1.28%	3.29%	3.00%	2.99%	0.68%	1.57%
QGRO American Century STOXX U.S. Quality Growth ETF	0.20%	0.25%	0.25%	0.41%	0.46%	0.31%	0.22%	0.38%	0.13%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QGRO and FIVFX in my portfolio?

QGRO and FIVFX have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.