TGRW vs. FXAIX
Compare and contrast key facts about T. Rowe Price Growth Stock ETF (TGRW) and Fidelity 500 Index Fund (FXAIX).
TGRW is an actively managed fund by T. Rowe Price Group, Inc.. It was launched on Aug 4, 2020. FXAIX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TGRW or FXAIX.
Key characteristics
| TGRW | FXAIX | |
|---|---|---|
| YTD Return | 29.43% | 27.16% |
| 1Y Return | 40.54% | 39.89% |
| 3Y Return (Ann) | 4.27% | 10.29% |
| Sharpe Ratio | 2.34 | 3.13 |
| Sortino Ratio | 3.05 | 4.16 |
| Omega Ratio | 1.43 | 1.59 |
| Calmar Ratio | 1.94 | 4.59 |
| Martin Ratio | 11.17 | 20.80 |
| Ulcer Index | 3.53% | 1.86% |
| Daily Std Dev | 16.83% | 12.39% |
| Max Drawdown | -43.33% | -33.79% |
| Current Drawdown | 0.00% | 0.00% |
Correlation
The correlation between TGRW and FXAIX is 0.91, 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
TGRW vs. FXAIX - Performance Comparison
In the year-to-date period, TGRW achieves a 29.43% return, which is significantly higher than FXAIX's 27.16% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
TGRW vs. FXAIX - Expense Ratio Comparison
TGRW has a 0.52% expense ratio, which is higher than FXAIX's 0.02% expense ratio.
Risk-Adjusted Performance
TGRW vs. FXAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Growth Stock ETF (TGRW) and Fidelity 500 Index Fund (FXAIX). 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
TGRW vs. FXAIX - Dividend Comparison
TGRW's dividend yield for the trailing twelve months is around 0.01%, less than FXAIX's 1.21% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TGRW T. Rowe Price Growth Stock ETF | 0.01% | 0.01% | 0.00% | 0.40% | 0.21% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
FXAIX Fidelity 500 Index Fund | 1.21% | 1.45% | 1.69% | 1.22% | 1.60% | 1.95% | 2.07% | 1.81% | 2.01% | 2.56% | 2.63% | 1.84% |
Drawdowns
TGRW vs. FXAIX - Drawdown Comparison
The maximum TGRW drawdown since its inception was -43.33%, which is greater than FXAIX's maximum drawdown of -33.79%. Use the drawdown chart below to compare losses from any high point for TGRW and FXAIX. For additional features, visit the drawdowns tool.
Volatility
TGRW vs. FXAIX - Volatility Comparison
T. Rowe Price Growth Stock ETF (TGRW) has a higher volatility of 4.93% compared to Fidelity 500 Index Fund (FXAIX) at 3.91%. This indicates that TGRW's price experiences larger fluctuations and is considered to be riskier than FXAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.