VMGMX vs. FDGRX
Compare and contrast key facts about Vanguard Mid-Cap Growth Index Fund Admiral Shares (VMGMX) and Fidelity Growth Company Fund (FDGRX).
VMGMX is managed by Vanguard. It was launched on Sep 27, 2011. FDGRX is managed by Fidelity.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VMGMX or FDGRX.
Key characteristics
| VMGMX | FDGRX | |
|---|---|---|
| YTD Return | 8.24% | 24.28% |
| 1Y Return | 19.26% | 36.99% |
| 3Y Return (Ann) | -0.60% | 7.18% |
| 5Y Return (Ann) | 10.28% | 22.56% |
| 10Y Return (Ann) | 10.02% | 18.45% |
| Sharpe Ratio | 1.22 | 1.88 |
| Daily Std Dev | 15.58% | 19.43% |
| Max Drawdown | -37.17% | -71.50% |
| Current Drawdown | -9.02% | -5.64% |
Correlation
The correlation between VMGMX and FDGRX is 0.90, 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
VMGMX vs. FDGRX - Performance Comparison
In the year-to-date period, VMGMX achieves a 8.24% return, which is significantly lower than FDGRX's 24.28% return. Over the past 10 years, VMGMX has underperformed FDGRX with an annualized return of 10.02%, while FDGRX has yielded a comparatively higher 18.45% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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VMGMX vs. FDGRX - Expense Ratio Comparison
VMGMX has a 0.07% expense ratio, which is lower than FDGRX's 0.79% expense ratio.
Risk-Adjusted Performance
VMGMX vs. FDGRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Mid-Cap Growth Index Fund Admiral Shares (VMGMX) and Fidelity Growth Company Fund (FDGRX). 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
VMGMX vs. FDGRX - Dividend Comparison
VMGMX's dividend yield for the trailing twelve months is around 0.70%, less than FDGRX's 3.09% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
VMGMX Vanguard Mid-Cap Growth Index Fund Admiral Shares | 0.70% | 0.71% | 0.78% | 0.34% | 0.56% | 0.78% | 0.84% | 0.72% | 0.81% | 0.82% | 0.79% | 0.61% |
FDGRX Fidelity Growth Company Fund | 3.09% | 3.83% | 7.20% | 10.67% | 8.86% | 3.84% | 6.38% | 4.73% | 6.23% | 3.92% | 4.03% | 7.12% |
Drawdowns
VMGMX vs. FDGRX - Drawdown Comparison
The maximum VMGMX drawdown since its inception was -37.17%, smaller than the maximum FDGRX drawdown of -71.50%. Use the drawdown chart below to compare losses from any high point for VMGMX and FDGRX. For additional features, visit the drawdowns tool.
Volatility
VMGMX vs. FDGRX - Volatility Comparison
The current volatility for Vanguard Mid-Cap Growth Index Fund Admiral Shares (VMGMX) is 4.54%, while Fidelity Growth Company Fund (FDGRX) has a volatility of 6.55%. This indicates that VMGMX experiences smaller price fluctuations and is considered to be less risky than FDGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.