TGWFX vs. FOCPX

Last updated Jun 23, 2026

TGWFX (Transamerica Large Growth Fund) and FOCPX (Fidelity OTC Portfolio) are both Large Cap Growth Equities funds. Over the past 10 years, TGWFX returned 16.24%/yr vs 23.16%/yr for FOCPX. Their correlation of 0.88 suggests significant overlap in exposure. TGWFX charges 0.90%/yr vs 0.73%/yr for FOCPX.

Performance

TGWFX vs. FOCPX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Transamerica Large Growth Fund (TGWFX) and Fidelity OTC Portfolio (FOCPX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TGWFX achieves a 1.13% return, which is significantly lower than FOCPX's 29.53% return. Over the past 10 years, TGWFX has underperformed FOCPX with an annualized return of 16.24%, while FOCPX has yielded a comparatively higher 23.16% annualized return.

TGWFX

• 1D: 1.40%
• 1M: 0.52%
• YTD: 1.13%
• 6M: -1.86%
• 1Y: 13.91%
• 3Y*: 22.56%
• 5Y*: 5.73%
• 10Y*: 16.24%

FOCPX

• 1D: 2.04%
• 1M: 5.89%
• YTD: 29.53%
• 6M: 29.90%
• 1Y: 60.78%
• 3Y*: 34.57%
• 5Y*: 18.97%
• 10Y*: 23.16%

*Multi-year figures are annualized to reflect compound growth (CAGR)

TGWFX vs. FOCPX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
TGWFX Transamerica Large Growth Fund	1.13%	19.57%	37.05%	43.40%	-46.00%	10.81%	72.98%	34.38%	-0.64%	32.45%
FOCPX Fidelity OTC Portfolio	29.53%	22.21%	38.95%	42.64%	-32.08%	24.94%	46.75%	39.20%	-3.30%	38.61%

Correlation

The correlation between TGWFX and FOCPX is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.82
Correlation (5Y) Calculated over the trailing 5-year period	0.86
Correlation (10Y) Calculated over the trailing 10-year period	0.88
Correlation (All Time) Calculated using the full available price history since Aug 3, 2012	0.88

The correlation between TGWFX and FOCPX shifts across timeframes, from 0.77 (1 year) to 0.88 (all time), reflecting how their relationship changes across market environments.

Return for Risk

TGWFX vs. FOCPX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TGWFX

TGWFX Risk / Return Rank: 7
TGWFX Sharpe Ratio Rank: 8
TGWFX Sortino Ratio Rank: 8
TGWFX Omega Ratio Rank: 8
TGWFX Calmar Ratio Rank: 7
TGWFX Martin Ratio Rank: 7

FOCPX

FOCPX Risk / Return Rank: 92
FOCPX Sharpe Ratio Rank: 96
FOCPX Sortino Ratio Rank: 87
FOCPX Omega Ratio Rank: 84
FOCPX Calmar Ratio Rank: 95
FOCPX Martin Ratio Rank: 96

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TGWFX vs. FOCPX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Transamerica Large Growth Fund (TGWFX) and Fidelity OTC Portfolio (FOCPX). 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.

	TGWFX	FOCPX	Difference
Sharpe ratio: Return per unit of total volatility	0.60	3.13	-2.53
Sortino ratio: Return per unit of downside risk	0.95	3.85	-2.90
Omega ratio: Gain probability vs. loss probability	1.12	1.53	-0.41
Calmar ratio: Return relative to maximum drawdown	0.63	5.36	-4.73
Martin ratio: Return relative to average drawdown	1.66	22.70	-21.04

TGWFX vs. FOCPX - Sharpe Ratio Comparison

The current TGWFX Sharpe Ratio is 0.60, which is lower than the FOCPX Sharpe Ratio of 3.13. The chart below compares the historical Sharpe Ratios of TGWFX and FOCPX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

TGWFX vs. FOCPX - Drawdown Comparison

The maximum TGWFX drawdown since its inception was -56.40%, smaller than the maximum FOCPX drawdown of -70.25%. Use the drawdown chart below to compare losses from any high point for TGWFX and FOCPX.

Drawdown Indicators

	TGWFX	FOCPX	Difference
Max Drawdown Largest peak-to-trough decline	-56.40%	-70.25%	+13.85%
Max Drawdown (1Y) Largest decline over 1 year	-21.19%	-11.29%	-9.90%
Max Drawdown (3Y) Largest decline over 3 years	-28.84%	-24.82%	-4.02%
Max Drawdown (5Y) Largest decline over 5 years	-56.40%	-37.05%	-19.35%
Max Drawdown (10Y) Largest decline over 10 years	-56.40%	-37.05%	-19.35%
Current Drawdown Current decline from peak	-5.45%	-0.06%	-5.39%
Average Drawdown Average peak-to-trough decline	-13.79%	-16.99%	+3.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	8.05%	2.66%	+5.39%

Volatility

TGWFX vs. FOCPX - Volatility Comparison

Transamerica Large Growth Fund (TGWFX) and Fidelity OTC Portfolio (FOCPX) have volatilities of 8.96% and 8.83%, 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.

Volatility by Period

	TGWFX	FOCPX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.96%	8.83%	+0.13%
Volatility (6M) Calculated over the trailing 6-month period	17.54%	15.82%	+1.72%
Volatility (1Y) Calculated over the trailing 1-year period	22.42%	19.37%	+3.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.56%	22.92%	+9.64%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.81%	22.56%	+5.25%

TGWFX vs. FOCPX - Expense Ratio Comparison

TGWFX has a 0.90% expense ratio, which is higher than FOCPX's 0.73% expense ratio.

Dividends

TGWFX vs. FOCPX - Dividend Comparison

TGWFX's dividend yield for the trailing twelve months is around 36.92%, more than FOCPX's 6.00% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FOCPX Fidelity OTC Portfolio	6.00%	7.78%	16.76%	0.05%	4.06%	11.53%	6.23%	7.58%	7.93%	4.86%	3.24%	5.41%
TGWFX Transamerica Large Growth Fund	36.92%	37.34%	21.74%	0.00%	1.42%	25.01%	16.24%	21.28%	9.80%	4.38%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TGWFX and FOCPX in my portfolio?

TGWFX and FOCPX have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, TGWFX or FOCPX?

TGWFX has higher volatility (8.96%) compared to FOCPX (8.83%). In terms of maximum drawdown, TGWFX dropped -56.40% vs FOCPX's -70.25%.

Which has better risk-adjusted returns?

FOCPX currently has the higher Sharpe Ratio (3.13 vs 0.60), 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.