TLGUX vs. FGRTX

Last updated Jun 5, 2026

TLGUX (Morgan Stanley Pathway Funds Large Cap Equity Fund) and FGRTX (Fidelity Mega Cap Stock Fund) are both Large Cap Blend Equities funds. TLGUX charges 0.47%/yr vs 0.61%/yr for FGRTX.

Performance

TLGUX vs. FGRTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Morgan Stanley Pathway Funds Large Cap Equity Fund (TLGUX) and Fidelity Mega Cap Stock Fund (FGRTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TLGUX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

FGRTX

• 1D: -1.01%
• 1M: 1.54%
• YTD: 9.38%
• 6M: 11.06%
• 1Y: 29.86%
• 3Y*: 25.16%
• 5Y*: 15.94%
• 10Y*: 16.36%

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

TLGUX vs. FGRTX - Yearly Performance Comparison

	2026 (YTD)	2025
TLGUX Morgan Stanley Pathway Funds Large Cap Equity Fund	0.00%	0.00%
FGRTX Fidelity Mega Cap Stock Fund	9.38%	31.11%

Return for Risk

TLGUX vs. FGRTX — Risk / Return Rank

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

FGRTX

FGRTX Risk / Return Rank: 73
FGRTX Sharpe Ratio Rank: 74
FGRTX Sortino Ratio Rank: 68
FGRTX Omega Ratio Rank: 66
FGRTX Calmar Ratio Rank: 74
FGRTX Martin Ratio Rank: 82

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.

TLGUX vs. FGRTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Morgan Stanley Pathway Funds Large Cap Equity Fund (TLGUX) and Fidelity Mega Cap Stock Fund (FGRTX). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	TLGUX	FGRTX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.51	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.96	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.91	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.47	—

Drawdowns

Drawdown Indicators

	TLGUX	FGRTX	Difference
Max Drawdown Largest peak-to-trough decline	—	-56.17%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-8.99%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-18.51%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-23.35%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.18%	—
Current Drawdown Current decline from peak	—	-1.33%	—
Average Drawdown Average peak-to-trough decline	—	-8.72%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.98%	—

Volatility

Volatility by Period

	TLGUX	FGRTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.87%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.09%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	12.02%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	16.71%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	18.12%	—

TLGUX vs. FGRTX - Expense Ratio Comparison

TLGUX has a 0.47% expense ratio, which is lower than FGRTX's 0.61% expense ratio.

Dividends

TLGUX vs. FGRTX - Dividend Comparison

TLGUX has not paid dividends to shareholders, while FGRTX's dividend yield for the trailing twelve months is around 3.55%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FGRTX Fidelity Mega Cap Stock Fund	3.55%	3.89%	2.68%	2.06%	4.38%	4.79%	7.96%	12.98%	21.72%	15.57%	1.97%	4.16%
TLGUX Morgan Stanley Pathway Funds Large Cap Equity 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%