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SPYGX vs. FLGEX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between SPYGX and FLGEX is 0.74, 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.


-0.50.00.51.00.7

Performance

SPYGX vs. FLGEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Spyglass Growth Fund (SPYGX) and Fidelity Large Cap Growth Enhanced Index Fund (FLGEX). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%40.00%50.00%JulyAugustSeptemberOctoberNovemberDecember
37.84%
0
SPYGX
FLGEX

Key characteristics

Returns By Period


SPYGX

YTD

42.57%

1M

-1.85%

6M

39.31%

1Y

42.38%

5Y*

7.82%

10Y*

N/A

FLGEX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

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SPYGX vs. FLGEX - Expense Ratio Comparison

SPYGX has a 1.05% expense ratio, which is higher than FLGEX's 0.39% expense ratio.


SPYGX
Spyglass Growth Fund
Expense ratio chart for SPYGX: current value at 1.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.05%
Expense ratio chart for FLGEX: current value at 0.39% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.39%

Risk-Adjusted Performance

SPYGX vs. FLGEX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Spyglass Growth Fund (SPYGX) and Fidelity Large Cap Growth Enhanced Index Fund (FLGEX). 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 SPYGX, currently valued at 1.83, compared to the broader market-1.000.001.002.003.004.001.83
The chart of Sortino ratio for SPYGX, currently valued at 2.48, compared to the broader market-2.000.002.004.006.008.0010.002.48
The chart of Omega ratio for SPYGX, currently valued at 1.31, compared to the broader market0.501.001.502.002.503.003.501.31
The chart of Calmar ratio for SPYGX, currently valued at 0.93, compared to the broader market0.002.004.006.008.0010.0012.0014.000.93
The chart of Martin ratio for SPYGX, currently valued at 7.40, compared to the broader market0.0020.0040.0060.007.40
SPYGX
FLGEX


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
1.83
-1.00
SPYGX
FLGEX

Dividends

SPYGX vs. FLGEX - Dividend Comparison

Neither SPYGX nor FLGEX has paid dividends to shareholders.


TTM20232022202120202019201820172016201520142013
SPYGX
Spyglass Growth Fund
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FLGEX
Fidelity Large Cap Growth Enhanced Index Fund
0.00%0.50%0.61%14.40%4.74%3.18%8.29%4.54%1.01%3.07%9.05%7.77%

Drawdowns

SPYGX vs. FLGEX - Drawdown Comparison


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-17.48%
-4.28%
SPYGX
FLGEX

Volatility

SPYGX vs. FLGEX - Volatility Comparison

Spyglass Growth Fund (SPYGX) has a higher volatility of 8.54% compared to Fidelity Large Cap Growth Enhanced Index Fund (FLGEX) at 0.00%. This indicates that SPYGX's price experiences larger fluctuations and is considered to be riskier than FLGEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%2.00%4.00%6.00%8.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
8.54%
0
SPYGX
FLGEX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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