PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
SHRAX vs. FMCSX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

SHRAX vs. FMCSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ClearBridge Aggressive Growth Fund (SHRAX) and Fidelity Mid-Cap Stock Fund (FMCSX). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
13.05%
8.48%
SHRAX
FMCSX

Returns By Period

In the year-to-date period, SHRAX achieves a 16.83% return, which is significantly higher than FMCSX's 15.61% return. Over the past 10 years, SHRAX has underperformed FMCSX with an annualized return of -5.16%, while FMCSX has yielded a comparatively higher 3.65% annualized return.


SHRAX

YTD

16.83%

1M

6.92%

6M

13.05%

1Y

13.97%

5Y (annualized)

-8.58%

10Y (annualized)

-5.16%

FMCSX

YTD

15.61%

1M

7.18%

6M

8.48%

1Y

22.64%

5Y (annualized)

6.13%

10Y (annualized)

3.65%

Key characteristics


SHRAXFMCSX
Sharpe Ratio0.771.47
Sortino Ratio1.031.94
Omega Ratio1.161.27
Calmar Ratio0.251.53
Martin Ratio2.535.40
Ulcer Index5.52%4.19%
Daily Std Dev18.20%15.43%
Max Drawdown-57.84%-62.17%
Current Drawdown-45.50%0.00%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


SHRAX vs. FMCSX - Expense Ratio Comparison

SHRAX has a 1.11% expense ratio, which is higher than FMCSX's 0.85% expense ratio.


SHRAX
ClearBridge Aggressive Growth Fund
Expense ratio chart for SHRAX: current value at 1.11% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.11%
Expense ratio chart for FMCSX: current value at 0.85% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.85%

Correlation

-0.50.00.51.00.8

The correlation between SHRAX and FMCSX is 0.84, 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

SHRAX vs. FMCSX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ClearBridge Aggressive Growth Fund (SHRAX) and Fidelity Mid-Cap Stock Fund (FMCSX). 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 SHRAX, currently valued at 0.77, compared to the broader market-1.000.001.002.003.004.005.000.771.47
The chart of Sortino ratio for SHRAX, currently valued at 1.03, compared to the broader market0.005.0010.001.031.94
The chart of Omega ratio for SHRAX, currently valued at 1.16, compared to the broader market1.002.003.004.001.161.27
The chart of Calmar ratio for SHRAX, currently valued at 0.25, compared to the broader market0.005.0010.0015.0020.000.251.53
The chart of Martin ratio for SHRAX, currently valued at 2.53, compared to the broader market0.0020.0040.0060.0080.00100.002.535.40
SHRAX
FMCSX

The current SHRAX Sharpe Ratio is 0.77, which is lower than the FMCSX Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of SHRAX and FMCSX, 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 Ratio-0.500.000.501.001.50JuneJulyAugustSeptemberOctoberNovember
0.77
1.47
SHRAX
FMCSX

Dividends

SHRAX vs. FMCSX - Dividend Comparison

SHRAX's dividend yield for the trailing twelve months is around 0.12%, less than FMCSX's 0.76% yield.


TTM20232022202120202019201820172016201520142013
SHRAX
ClearBridge Aggressive Growth Fund
0.12%0.15%0.00%0.00%0.18%0.48%0.25%0.19%0.36%0.00%0.00%0.00%
FMCSX
Fidelity Mid-Cap Stock Fund
0.76%0.92%0.73%1.15%1.14%0.98%0.94%0.57%0.77%9.86%10.28%3.30%

Drawdowns

SHRAX vs. FMCSX - Drawdown Comparison

The maximum SHRAX drawdown since its inception was -57.84%, smaller than the maximum FMCSX drawdown of -62.17%. Use the drawdown chart below to compare losses from any high point for SHRAX and FMCSX. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-45.50%
0
SHRAX
FMCSX

Volatility

SHRAX vs. FMCSX - Volatility Comparison

ClearBridge Aggressive Growth Fund (SHRAX) has a higher volatility of 5.19% compared to Fidelity Mid-Cap Stock Fund (FMCSX) at 4.71%. This indicates that SHRAX's price experiences larger fluctuations and is considered to be riskier than FMCSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JuneJulyAugustSeptemberOctoberNovember
5.19%
4.71%
SHRAX
FMCSX