RYPRX vs. FMAGX
Compare and contrast key facts about Royce Premier Fund (RYPRX) and Fidelity Magellan Fund (FMAGX).
RYPRX is managed by Royce Investment Partners. It was launched on Dec 31, 1991. FMAGX is managed by Fidelity. It was launched on May 2, 1963.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RYPRX or FMAGX.
Correlation
The correlation between RYPRX and FMAGX is 0.78, 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.
Performance
RYPRX vs. FMAGX - Performance Comparison
Key characteristics
RYPRX:
-0.24
FMAGX:
0.91
RYPRX:
-0.19
FMAGX:
1.30
RYPRX:
0.97
FMAGX:
1.17
RYPRX:
-0.09
FMAGX:
0.96
RYPRX:
-0.62
FMAGX:
4.68
RYPRX:
7.49%
FMAGX:
3.29%
RYPRX:
19.48%
FMAGX:
16.93%
RYPRX:
-66.19%
FMAGX:
-61.25%
RYPRX:
-51.81%
FMAGX:
-2.52%
Returns By Period
In the year-to-date period, RYPRX achieves a 3.31% return, which is significantly lower than FMAGX's 5.19% return. Over the past 10 years, RYPRX has underperformed FMAGX with an annualized return of -5.47%, while FMAGX has yielded a comparatively higher 6.20% annualized return.
RYPRX
3.31%
0.99%
-5.77%
-2.76%
-2.43%
-5.47%
FMAGX
5.19%
1.89%
5.02%
16.85%
7.64%
6.20%
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RYPRX vs. FMAGX - Expense Ratio Comparison
RYPRX has a 1.17% expense ratio, which is higher than FMAGX's 0.68% expense ratio.
Risk-Adjusted Performance
RYPRX vs. FMAGX — Risk-Adjusted Performance Rank
RYPRX
FMAGX
RYPRX vs. FMAGX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Royce Premier Fund (RYPRX) and Fidelity Magellan Fund (FMAGX). 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
RYPRX vs. FMAGX - Dividend Comparison
RYPRX's dividend yield for the trailing twelve months is around 0.01%, less than FMAGX's 0.22% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RYPRX Royce Premier Fund | 0.01% | 0.01% | 0.05% | 0.00% | 0.05% | 0.90% | 0.42% | 0.08% | 0.10% | 0.28% | 0.92% | 0.42% |
FMAGX Fidelity Magellan Fund | 0.22% | 0.23% | 0.42% | 0.27% | 0.00% | 0.00% | 0.48% | 0.69% | 0.79% | 0.60% | 8.40% | 13.88% |
Drawdowns
RYPRX vs. FMAGX - Drawdown Comparison
The maximum RYPRX drawdown since its inception was -66.19%, which is greater than FMAGX's maximum drawdown of -61.25%. Use the drawdown chart below to compare losses from any high point for RYPRX and FMAGX. For additional features, visit the drawdowns tool.
Volatility
RYPRX vs. FMAGX - Volatility Comparison
The current volatility for Royce Premier Fund (RYPRX) is 3.90%, while Fidelity Magellan Fund (FMAGX) has a volatility of 5.36%. This indicates that RYPRX experiences smaller price fluctuations and is considered to be less risky than FMAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.