TCMSX vs. FOCSX
TCMSX (Voya Small Cap Growth Fund) and FOCSX (Fidelity Small Cap Growth K6 Fund) are both Small Cap Growth Equities funds. Over the past 5 years, TCMSX returned 8.38%/yr vs 8.23%/yr for FOCSX. Their correlation of 0.94 means they have usually moved in the same direction. TCMSX charges 0.93%/yr vs 0.60%/yr for FOCSX.
Performance
TCMSX vs. FOCSX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, TCMSX achieves a 14.56% return, which is significantly lower than FOCSX's 21.12% return.
TCMSX
- 1D
- 2.56%
- 1M
- -6.37%
- 6M
- 7.91%
- YTD
- 14.56%
- 1Y
- 33.33%
- 3Y*
- 17.08%
- 5Y*
- 8.38%
- 10Y*
- 14.04%
- ALL TIME*
- 11.11%
FOCSX
- 1D
- 2.50%
- 1M
- -3.15%
- 6M
- 16.48%
- YTD
- 21.12%
- 1Y
- 36.84%
- 3Y*
- 19.14%
- 5Y*
- 8.23%
- 10Y*
- —
- ALL TIME*
- 14.11%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
TCMSX vs. FOCSX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
TCMSX Voya Small Cap Growth Fund | 14.56% | 14.32% | 18.46% | 20.32% | -23.60% | 18.45% | 27.99% | 33.27% | -6.04% | 13.41% |
FOCSX Fidelity Small Cap Growth K6 Fund | 21.12% | 11.33% | 21.04% | 19.62% | -25.01% | 10.50% | 37.44% | 36.25% | -4.60% | 16.21% |
Correlation
The correlation between TCMSX and FOCSX is 0.90, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.90 |
Correlation (3Y) Balances recent behavior with more history. | 0.91 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.93 |
Correlation (All Time) Calculated using the full available price history since May 25, 2017 | 0.94 |
The correlation between TCMSX and FOCSX has been stable across timeframes, ranging from 0.90 to 0.94 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
TCMSX vs. FOCSX — Risk / Return Rank
TCMSX
FOCSX
TCMSX vs. FOCSX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Voya Small Cap Growth Fund (TCMSX) and Fidelity Small Cap Growth K6 Fund (FOCSX). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| TCMSX | FOCSX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | -0.06 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.25 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 2.03 | 2.55 | -0.52 |
| Martin ratioReturn relative to average drawdown | 7.18 | 9.55 | -2.37 |
Loading charts...
Drawdowns
TCMSX vs. FOCSX - Drawdown Comparison
The maximum TCMSX drawdown since its inception was -55.98%, which is greater than FOCSX's maximum drawdown of -38.79%. Use the drawdown chart below to compare losses from any high point for TCMSX and FOCSX.
Loading charts...
Drawdown Indicators
| TCMSX | FOCSX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.98% | -38.79% | -17.19% |
Max Drawdown (1Y)Largest decline over 1 year | -16.86% | -12.98% | -3.88% |
Max Drawdown (3Y)Largest decline over 3 years | -30.74% | -28.51% | -2.23% |
Max Drawdown (5Y)Largest decline over 5 years | -34.60% | -38.79% | +4.19% |
Max Drawdown (10Y)Largest decline over 10 years | -39.29% | — | — |
Current DrawdownCurrent decline from peak | -9.45% | -5.30% | -4.15% |
Average DrawdownAverage peak-to-trough decline | -11.71% | -10.80% | -0.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.60% | 3.47% | +1.13% |
Volatility
TCMSX vs. FOCSX - Volatility Comparison
Voya Small Cap Growth Fund (TCMSX) and Fidelity Small Cap Growth K6 Fund (FOCSX) have volatilities of 5.90% and 5.98%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| TCMSX | FOCSX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.90% | 5.98% | -0.08% |
Volatility (6M)Calculated over the trailing 6-month period | 19.21% | 17.98% | +1.23% |
Volatility (1Y)Calculated over the trailing 1-year period | 24.38% | 22.84% | +1.54% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.61% | 23.72% | +0.89% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 23.73% | 23.59% | +0.14% |
TCMSX vs. FOCSX - Expense Ratio Comparison
TCMSX has a 0.93% expense ratio, which is higher than FOCSX's 0.60% expense ratio.
Dividends
TCMSX vs. FOCSX - Dividend Comparison
TCMSX's dividend yield for the trailing twelve months is around 4.86%, more than FOCSX's 2.26% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FOCSX Fidelity Small Cap Growth K6 Fund | 2.26% | 2.74% | 2.26% | 0.23% | 0.05% | 31.03% | 2.78% | 0.00% | 2.47% | 0.09% | 0.00% | 0.00% |
TCMSX Voya Small Cap Growth Fund | 4.86% | 5.57% | 10.53% | 0.00% | 0.00% | 20.02% | 6.69% | 1.40% | 14.82% | 16.10% | 0.00% | 16.82% |
Frequently Asked Questions
With a correlation of 0.90, TCMSX and FOCSX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
FOCSX has higher volatility (5.98%) compared to TCMSX (5.90%). In terms of maximum drawdown, TCMSX dropped -55.98% vs FOCSX's -38.79%.
FOCSX currently has the higher Sharpe Ratio (1.45 vs 1.41), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for TCMSX and FOCSX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer