WAINX vs. FBGRX
Compare and contrast key facts about Wasatch Emerging India Fund (WAINX) and Fidelity Blue Chip Growth Fund (FBGRX).
WAINX is managed by Wasatch. It was launched on Apr 25, 2011. FBGRX is managed by Fidelity. It was launched on Dec 31, 1987.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WAINX or FBGRX.
Key characteristics
| WAINX | FBGRX | |
|---|---|---|
| YTD Return | 1.29% | 18.85% |
| 1Y Return | 21.55% | 46.59% |
| 3Y Return (Ann) | 6.88% | 10.77% |
| 5Y Return (Ann) | 11.42% | 20.83% |
| 10Y Return (Ann) | 13.16% | 17.86% |
| Sharpe Ratio | 1.65 | 2.74 |
| Daily Std Dev | 12.62% | 17.94% |
| Max Drawdown | -41.34% | -57.42% |
| Current Drawdown | -7.79% | -0.48% |
Correlation
The correlation between WAINX and FBGRX is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
WAINX vs. FBGRX - Performance Comparison
In the year-to-date period, WAINX achieves a 1.29% return, which is significantly lower than FBGRX's 18.85% return. Over the past 10 years, WAINX has underperformed FBGRX with an annualized return of 13.16%, while FBGRX has yielded a comparatively higher 17.86% 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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WAINX vs. FBGRX - Expense Ratio Comparison
WAINX has a 1.51% expense ratio, which is higher than FBGRX's 0.79% expense ratio.
Risk-Adjusted Performance
WAINX vs. FBGRX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Wasatch Emerging India Fund (WAINX) and Fidelity Blue Chip Growth Fund (FBGRX). 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
WAINX vs. FBGRX - Dividend Comparison
WAINX's dividend yield for the trailing twelve months is around 4.18%, more than FBGRX's 0.79% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WAINX Wasatch Emerging India Fund | 4.18% | 4.24% | 1.16% | 4.29% | 0.00% | 0.32% | 6.95% | 2.91% | 1.06% | 1.40% | 0.05% | 0.00% |
FBGRX Fidelity Blue Chip Growth Fund | 0.79% | 0.93% | 0.57% | 8.73% | 6.40% | 3.70% | 6.32% | 4.28% | 4.05% | 5.07% | 6.08% | 7.80% |
Drawdowns
WAINX vs. FBGRX - Drawdown Comparison
The maximum WAINX drawdown since its inception was -41.34%, smaller than the maximum FBGRX drawdown of -57.42%. Use the drawdown chart below to compare losses from any high point for WAINX and FBGRX. For additional features, visit the drawdowns tool.
Volatility
WAINX vs. FBGRX - Volatility Comparison
The current volatility for Wasatch Emerging India Fund (WAINX) is 2.91%, while Fidelity Blue Chip Growth Fund (FBGRX) has a volatility of 6.08%. This indicates that WAINX experiences smaller price fluctuations and is considered to be less risky than FBGRX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.