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RPMGX vs. FDGRX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

RPMGX vs. FDGRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in T. Rowe Price Mid-Cap Growth Fund (RPMGX) and Fidelity Growth Company Fund (FDGRX). The values are adjusted to include any dividend payments, if applicable.

1,000.00%1,500.00%2,000.00%2,500.00%3,000.00%3,500.00%JuneJulyAugustSeptemberOctoberNovember
1,038.39%
3,627.39%
RPMGX
FDGRX

Returns By Period

In the year-to-date period, RPMGX achieves a 9.47% return, which is significantly lower than FDGRX's 32.36% return. Over the past 10 years, RPMGX has underperformed FDGRX with an annualized return of 3.09%, while FDGRX has yielded a comparatively higher 13.04% annualized return.


RPMGX

YTD

9.47%

1M

-1.03%

6M

2.83%

1Y

14.13%

5Y (annualized)

2.57%

10Y (annualized)

3.09%

FDGRX

YTD

32.36%

1M

0.40%

6M

12.91%

1Y

36.29%

5Y (annualized)

14.98%

10Y (annualized)

13.04%

Key characteristics


RPMGXFDGRX
Sharpe Ratio0.971.89
Sortino Ratio1.352.49
Omega Ratio1.171.34
Calmar Ratio0.461.29
Martin Ratio4.529.44
Ulcer Index2.96%3.87%
Daily Std Dev13.75%19.35%
Max Drawdown-58.69%-71.50%
Current Drawdown-18.72%-3.34%

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RPMGX vs. FDGRX - Expense Ratio Comparison

RPMGX has a 0.72% expense ratio, which is lower than FDGRX's 0.79% expense ratio.


FDGRX
Fidelity Growth Company Fund
Expense ratio chart for FDGRX: current value at 0.79% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.79%
Expense ratio chart for RPMGX: current value at 0.72% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.72%

Correlation

-0.50.00.51.00.9

The correlation between RPMGX and FDGRX is 0.88, 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

RPMGX vs. FDGRX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Mid-Cap Growth Fund (RPMGX) 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.


Sharpe ratio
The chart of Sharpe ratio for RPMGX, currently valued at 0.97, compared to the broader market0.002.004.000.971.89
The chart of Sortino ratio for RPMGX, currently valued at 1.35, compared to the broader market0.005.0010.001.352.49
The chart of Omega ratio for RPMGX, currently valued at 1.17, compared to the broader market1.002.003.004.001.171.34
The chart of Calmar ratio for RPMGX, currently valued at 0.46, compared to the broader market0.005.0010.0015.0020.0025.000.461.29
The chart of Martin ratio for RPMGX, currently valued at 4.52, compared to the broader market0.0020.0040.0060.0080.00100.004.529.44
RPMGX
FDGRX

The current RPMGX Sharpe Ratio is 0.97, which is lower than the FDGRX Sharpe Ratio of 1.89. The chart below compares the historical Sharpe Ratios of RPMGX and FDGRX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50JuneJulyAugustSeptemberOctoberNovember
0.97
1.89
RPMGX
FDGRX

Dividends

RPMGX vs. FDGRX - Dividend Comparison

RPMGX's dividend yield for the trailing twelve months is around 0.06%, while FDGRX has not paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
RPMGX
T. Rowe Price Mid-Cap Growth Fund
0.06%0.06%0.00%0.00%0.00%0.21%0.16%0.00%0.00%0.00%0.00%0.00%
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

RPMGX vs. FDGRX - Drawdown Comparison

The maximum RPMGX drawdown since its inception was -58.69%, smaller than the maximum FDGRX drawdown of -71.50%. Use the drawdown chart below to compare losses from any high point for RPMGX and FDGRX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-18.72%
-3.34%
RPMGX
FDGRX

Volatility

RPMGX vs. FDGRX - Volatility Comparison

The current volatility for T. Rowe Price Mid-Cap Growth Fund (RPMGX) is 4.20%, while Fidelity Growth Company Fund (FDGRX) has a volatility of 5.75%. This indicates that RPMGX experiences smaller price fluctuations and is considered to be less risky than FDGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%JuneJulyAugustSeptemberOctoberNovember
4.20%
5.75%
RPMGX
FDGRX